Latest reading: Industrial production fell 0.7% on a year-on-year basis in September, following a 4.4% decline in the previous month....
Industrial Production in Lithuania
The Lithuanian economy recorded an average industrial production growth rate of 4.4% in the decade to 2024. In 2024, industrial production growth was 4.1%. For more industry information, visit our dedicated page.
Lithuania Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Lithuania from 2014 to 2025.
Source: Macrobond.
Lithuania Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 0.2 | 20.4 | 6.3 | -5.1 | 4.1 |
Industrial production rebounds in September
Latest reading: Industrial production rose 0.4% in annual terms in September, following a 2.0% fall in the prior month. Relative to the previous month's figures, readings in September improved for manufacturing (+0.2% on a year-on-year basis vs -2.3% in August) and mining and quarrying (+6.3% vs -14.9% in August). In contrast, the reading for electricity, gas, steam and air conditioning softened in September (+4.6% vs +6.8% in August). On a seasonally adjusted month-on-month basis, industrial production was down 1.5% in September, following a 2.6% increase in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Lithuanian industry projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Lithuanian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Lithuanian industry projections.
Want to get access to the full dataset of Lithuanian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Argentina: Industrial production shrinks more slowly in September -
Sweden: Industrial production slows in September Latest reading: Industrial production—excluding energy—increased 3.9% in a calendar and seasonally adjusted month-on-month terms in September, following 6.0% growth in... -
Turkey: Industrial production shrinks in September Latest reading: Industrial production fell 2.2% in seasonally adjusted month-on-month terms in September, following 0.5% growth in the previous month.... -
Slovakia: Industrial production recovers in September Latest reading: Industrial production rose 0.6% on a year-on-year basis in September, following a 6.3% decline in the previous month.... -
Slovenia: Industrial production shrinks more slowly in September Latest reading: Industrial production fell 1.2% in annual terms in September, following a 1.4% decline in the prior month. Relative... -
Thailand: Manufacturing production rebounds in September Latest reading: Manufacturing production was up 1.0% in annual terms in September, marking the highest gain since May thanks to... -
Denmark: Manufacturing production rebounds in September Latest reading: Manufacturing production was up 8.0% on a seasonally adjusted month-on-month basis in September, following a 3.0% fall in...