Lithuania GDP Growth Rate  1995-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Lithuania expanded 0.80 percent in the first quarter of 2016 over the previous quarter. GDP Growth Rate in Lithuania averaged 1.05 percent from 1995 until 2016, reaching an all time high of 4.20 percent in the first quarter of 2003 and a record low of -13.10 percent in the first quarter of 2009. GDP Growth Rate in Lithuania is reported by the Statistics Lithuania.

Lithuania GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.50 4.20 -13.10 1995 - 2016 percent Quarterly
In 2015, Lithuania became 19th member of Euro Area. Lithuania’s service sector constitutes the largest share of GDP with information and communication technologies being the fastest growing. Also, in recent years Lithuania has shifted towards a knowledge-based economy: several companies produce sophisticated biotech products like pharmaceutical substances, components for molecular diagnostics and laser equipment. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (19 percent) and government expenditure (17 percent). Exports of goods and services account for 81 percent while imports account for 79 percent, adding 2 percent of total GDP. This page provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-01-29 09:00 AM Q4 0.5% 0.4% 0.6%
2016-02-29 09:00 AM Q4 0.5% 0.5% 0.5% 0.5%
2016-04-29 08:00 AM Q1 0.8% 0.5% 0.3%
2016-05-30 08:00 AM Q1 0.5% 0.8% 0.8%
2016-07-29 08:30 AM Q2 0.80%
2016-08-29 08:00 AM Q2

Lithuania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.50 4.20 -13.10 percent [+]
GDP Annual Growth Rate 2.20 1.90 11.60 -15.80 percent [+]
GDP 48.35 46.40 48.35 7.00 USD Billion [+]
GDP Constant Prices 8492.90 8427.20 8492.90 6403.30 EUR Million [+]
Gross National Product 9216.00 9590.00 32694.00 5358.00 EUR Million [+]
Gross Fixed Capital Formation 1892.20 1967.00 2197.20 697.30 EUR Million [+]
GDP per capita 11073.88 10653.41 11073.88 3818.51 USD [+]
GDP per capita PPP 25708.47 24732.34 97766.00 8862.00 USD [+]




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Iceland -1.10 Dec/15
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Indonesia -1.83 Dec/15
Mozambique -2.10 Dec/15
Bolivia -9.72 Jun/15