Productivity in Lithuania increased to 116 points in the second quarter of 2020 from 114.90 points in the first quarter of 2020.

Productivity in Lithuania averaged 79.54 points from 1995 until 2020, reaching an all time high of 116 points in the second quarter of 2020 and a record low of 41.70 points in the first quarter of 1995. This page provides - Lithuania Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Productivity - values, historical data and charts - was last updated on October of 2020.

Productivity in Lithuania is expected to be 121.69 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Lithuania to stand at 125.88 in 12 months time. In the long-term, the Lithuania Productivity is projected to trend around 126.37 points in 2021 and 126.59 points in 2022, according to our econometric models.

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Lithuania Productivity

Actual Previous Highest Lowest Dates Unit Frequency
116.00 114.90 116.00 41.70 1995 - 2020 points Quarterly
2015=100, SA

Lithuania Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.10 13.70 15.30 2.70 percent [+]
Employed Persons 1351.50 1386.40 1497.40 1221.90 Thousand [+]
Unemployed Persons 243.27 235.56 330.58 58.20 Thousand [+]
Labor Force Participation Rate 62.20 62.00 62.60 54.70 percent [+]
Long Term Unemployment Rate 2.40 2.10 10.80 0.80 percent [+]
Youth Unemployment Rate 25.40 23.10 36.20 7.60 percent [+]
Labour Costs 138.00 132.00 138.00 35.90 points [+]
Job Vacancies 17298.00 15011.00 26118.00 4157.00 [+]
Wages 1381.00 1381.00 1381.00 297.90 EUR/Month [+]
Wages in Manufacturing 1381.00 1381.00 1381.00 297.90 EUR/Month [+]
Minimum Wages 607.00 607.00 607.00 92.14 EUR/Month [+]
Population 2.79 2.81 3.71 2.76 Million [+]
Retirement Age Women 63.00 62.67 63.00 59.00 [+]
Retirement Age Men 64.00 63.83 64.00 62.50 [+]
Productivity 116.00 114.90 116.00 41.70 points [+]
Part Time Employment 78.70 85.00 169.90 78.70 Thousand [+]
Employment Change -2.70 1.60 3.70 -4.10 percent [+]
Employment Rate 71.40 73.00 73.20 56.30 percent [+]
Full Time Employment 1214.10 1239.20 1334.10 1096.00 Thousand [+]


Lithuania Productivity
In Lithuania, productivity refers to real labour productivity per hour worked.