Lithuanian economy expanded 3.8 percent year-on-year in the fourth quarter of 2019, unchanged from an upwardly revised figure in the third quarter. On a quarterly basis, the GDP advanced 1.3 percent, and compared to an upwardly revised 0.3 percent rise in the previous period. It remained the weakest GDP growth since the fourth quarter 2015. Considering full 2019, the economy grew by 3.9 percent year-on-year. Lithuania GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
GDP Annual Growth Rate in Lithuania averaged 4.30 percent from 1996 until 2019, reaching an all time high of 12.30 percent in the third quarter of 2007 and a record low of -15.70 percent in the second quarter of 2009. This page provides - Lithuania GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
GDP Annual Growth Rate in Lithuania is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Lithuania to stand at 2.60 in 12 months time. In the long-term, the Lithuania GDP Annual Growth Rate is projected to trend around 2.30 percent in 2021, according to our econometric models.