The economy of Lithuania dropped by 0.4 percent year-on-year in the fourth quarter of 2022, pointing to the first contraction since the second quarter of 2020 and following a 1.8 percent expansion in the previous quarter. source: Statistics Lithuania
GDP Annual Growth Rate in Lithuania averaged 4.16 percent from 1996 until 2022, 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. Lithuania GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
GDP Annual Growth Rate in Lithuania is expected to be -0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania GDP Annual Growth Rate is projected to trend around 2.40 percent in 2024 and 2.70 percent in 2025, according to our econometric models.