Analytics, Economics, GDP, Lithuania, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Thursday, 28.03.2024, 09:50
In Q3, GDP in Lithuania amounted to EUR 11.2 bln
Compared to the same quarter of 2016, it stood at 3.4% (unadjusted – 3.1%).
As for GDP estimated by production approach, in III quarter 2017, against the previous period, seasonally and calendar adjusted, the largest positive influence on the change was made by an increase in the value added generated by the enterprises engaged in wholesale and retail trade, repair of motor vehicles and motorcycles, transportation and storage, accommodation and food service activities, manufacturing, while negative influence was made by a decrease in the value added generated by the enterprises engaged in financial and insurance activities, agriculture, forestry and fishing.
As for GDP estimated by expenditure approach, in III quarter 2017, compared to the previous quarter, seasonally and calendar adjusted, final household consumption expenditure decreased by 1.9, general government expenditure – increased by 0.2%. Gross fixed capital formation increased by 2.1, exports of goods and services – 2.5, imports – 0.7%.
In the first three quarters of 2017, GDP amounted to EUR 30.9 billion at current prices. Against the respective period of 2016, the real GDP change, seasonally and calendar adjusted, stood at 3.9% (unadjusted – 3.8%).
Table 1. Gross domestic product and its changes
|
At current
prices, EUR
million |
GDP changes,% |
|||
seasonally and calendar adjusted |
against the previous period |
against the
respective period of the previous year |
|||
against the previous period |
against the
respective period of the previous year |
||||
2013 |
34 959.6 |
3.5 |
3.5 |
3.5 |
3.5 |
I |
7 698.8 |
0.2 |
3.4 |
–9.5 |
3.4 |
II |
8 763.0 |
0.9 |
4.2 |
8.6 |
4.0 |
III |
9 513.5 |
1.4 |
3.0 |
10.8 |
3.1 |
IV |
8 984.4 |
0.9 |
3.4 |
–4.9 |
3.5 |
2014 |
36 568.3 |
3.6 |
3.6 |
3.5 |
3.5 |
I |
8 186.4 |
1.2 |
4.5 |
-8.7 |
4.5 |
II |
9 206.2 |
0.7 |
4.2 |
8.4 |
4.2 |
III |
9 895.7 |
0.3 |
3.1 |
9.6 |
3.1 |
IV |
9 279.9 |
0.2 |
2.4 |
–5.5 |
2.4 |
2015◘ |
37 426.6 |
2.0 |
2.0 |
2.0 |
2.0 |
I |
8 234.3 |
0.4 |
1.6 |
–9.4 |
1.6 |
II |
9 381.9 |
0.9 |
1.9 |
8.5 |
1.7 |
III |
10 146.9 |
0.7 |
2.3 |
10.1 |
2.2 |
IV |
9 663.6 |
0.2 |
2.3 |
–5.2 |
2.5 |
2016* |
38 668.3 |
2.3 |
2.3 |
2.3 |
2.3 |
I* |
8 531.8 |
0.2 |
2.1 |
–9.6 |
2.3 |
II* |
9 639.3 |
0.7 |
1.9 |
7.8 |
1.7 |
III* |
10 382.4 |
0.8 |
1.9 |
10.3 |
1.8 |
IV* |
10 114.8 |
1.6 |
3.3 |
–3.6 |
3.6 |
2017♦ |
|
|
|
|
|
I* |
9 277.7 |
1.1 |
4.2 |
–9.1 |
4.1 |
II* |
10 416.7 |
0.6 |
4.1 |
7.8 |
4.1 |
III♦ |
11 207.3 |
0.1 |
3.4 |
9.3 |
3.1 |
Table 2. Changes in gross value added, seasonally and calendar adjusted, by group of economic activity (1), compared to the previous period ,%
|
A |
B + C + D + E |
C |
F |
G + H + I |
J |
K |
L |
M + N |
O + P + Q |
R + S + T |
2013 |
–2.7 |
3.6 |
5.2 |
9.4 |
4.2 |
5.6 |
2.5 |
2.3 |
5.8 |
0.9 |
7.3 |
I |
–3.0 |
0.5 |
0.7 |
0.6 |
–1.1 |
3.7 |
3.6 |
2.0 |
2.3 |
0.2 |
2.5 |
II |
–1.7 |
–0.5 |
–0.3 |
10.1 |
0.8 |
0.8 |
3.3 |
–1.3 |
2.1 |
0.4 |
2.2 |
III |
–1.7 |
0.7 |
0.9 |
3.6 |
1.8 |
0.2 |
2.0 |
–0.2 |
–1.8 |
0.3 |
1.1 |
IV |
1.3 |
1.0 |
2.0 |
4.0 |
1.4 |
1.4 |
–0.6 |
1.1 |
3.4 |
0.0 |
1.7 |
2014 |
3.5 |
3.7 |
4.4 |
13.5 |
3.1 |
2.6 |
–0.5 |
2.4 |
3.9 |
0.6 |
3.7 |
I |
3.0 |
2.4 |
2.3 |
4.9 |
0.8 |
1.4 |
–2.4 |
0.6 |
0.5 |
0.2 |
0.0 |
II |
0.2 |
0.2 |
0.1 |
–0.7 |
0.8 |
–1.3 |
2.1 |
1.6 |
0.7 |
0.2 |
0.8 |
III |
–0.4 |
–0.3 |
–0.6 |
0.4 |
0.1 |
1.1 |
–3.5 |
0.4 |
0.5 |
0.0 |
0.7 |
IV |
3.7 |
1.2 |
1.6 |
5.2 |
–2.3 |
0.8 |
3.0 |
–0.1 |
1.7 |
0.2 |
1.1 |
2015◘ |
5.1 |
1.8 |
3.0 |
–1.0 |
1.8 |
6.3 |
3.1 |
2.6 |
6.6 |
0.4 |
3.2 |
I |
2.8 |
0.3 |
1.3 |
4.6 |
1.1 |
2.7 |
1.4 |
1.0 |
3.4 |
0.0 |
0.8 |
II |
–0.4 |
0.5 |
0.3 |
–6.6 |
1.6 |
0.8 |
–0.5 |
0.3 |
0.8 |
0.1 |
0.6 |
III |
4.5 |
–0.8 |
0.0 |
–7.1 |
0.6 |
3.3 |
3.2 |
1.8 |
0.9 |
0.2 |
1.1 |
IV |
–8.5 |
3.1 |
2.3 |
–2.9 |
2.3 |
1.2 |
–1.7 |
–0.4 |
1.0 |
0.2 |
–0.1 |
2016* |
–5.8 |
2.5 |
2.6 |
–7.9 |
4.7 |
6.1 |
3.6 |
1.8 |
5.4 |
1.5 |
0.7 |
I* |
–0.7 |
–1.1 |
–1.3 |
3.1 |
–0.8 |
1.4 |
0.5 |
0.7 |
0.8 |
0.5 |
0.3 |
II* |
0.9 |
1.0 |
1.5 |
–6.7 |
1.1 |
0.8 |
4.3 |
–0.6 |
0.9 |
0.5 |
–0.2 |
III* |
–4.0 |
1.4 |
1.8 |
–2.1 |
3.6 |
0.7 |
–3.1 |
3.1 |
3.9 |
0.5 |
0.0 |
IV* |
3.1 |
0.6 |
0.6 |
11.5 |
1.7 |
3.7 |
5.5 |
–3.0 |
1.7 |
0.5 |
0.0 |
2017♦ |
|
|
|
|
|
|
|
|
|
|
|
I* |
–6.3 |
2.9 |
3.0 |
2.5 |
–1.4 |
–1.7 |
–3.0 |
–0.6 |
–0.9 |
0.3 |
0.2 |
II* |
–0.4 |
0.1 |
–0.3 |
–4.6 |
1.4 |
4.1 |
–0.1 |
1.7 |
2.3 |
0.4 |
0.2 |
III♦ |
–0.6 |
0.6 |
0.9 |
1.4 |
2.4 |
0.9 |
–2.3 |
1.6 |
1.7 |
0.4 |
0.2 |
Table 3. Changes in the main GDP components estimated by expenditure approach, seasonally and calendar adjusted
Compared to the previous period, %
|
Final consumption expenditure |
Gross fixed capital formation |
Exports of goods and services |
Imports of goods and services |
||
total |
household |
general government |
||||
2013 |
4.1 |
5.1 |
0.7 |
8.1 |
9.8 |
11.1 |
I |
1.8 |
1.8 |
0.2 |
4.1 |
2.7 |
2.5 |
II |
0.3 |
1.4 |
0.1 |
3.1 |
0.1 |
–4.9 |
III |
1.0 |
1.5 |
0.3 |
5.8 |
1.3 |
5.4 |
IV |
0.8 |
1.9 |
–0.2 |
0.0 |
1.1 |
3.4 |
2014 |
3.1 |
3.0 |
0.3 |
5.5 |
3.3 |
2.8 |
I |
1.3 |
–0.3 |
0.2 |
1.5 |
0.1 |
–5.5 |
II |
0.4 |
0.2 |
0.1 |
–0.3 |
2.1 |
4.3 |
III |
0.0 |
0.8 |
0.0 |
0.4 |
0.4 |
1.5 |
IV |
1.2 |
1.1 |
0.3 |
1.4 |
–0.5 |
2.9 |
2015◘ |
3.2 |
4.8 |
0.1 |
5.1 |
–0.4 |
6.5 |
I |
1.3 |
2.6 |
–0.3 |
5.2 |
–1.3 |
0.4 |
II |
0.4 |
0.3 |
0.2 |
1.4 |
0.5 |
4.4 |
III |
1.0 |
0.2 |
0.0 |
–2.4 |
0.1 |
–3.2 |
IV |
0.3 |
1.9 |
–0.1 |
–4.5 |
0.7 |
1.5 |
2016* |
3.7 |
4.3 |
1.3 |
–0.1 |
3.4 |
2.2 |
I* |
0.4 |
–0.2 |
0.6 |
3.1 |
0.9 |
–2.1 |
II* |
2.0 |
2.5 |
0.3 |
1.4 |
0.3 |
4.7 |
III* |
1.3 |
1.7 |
0.6 |
–2.8 |
2.0 |
–1.4 |
IV* |
1.1 |
0.3 |
0.6 |
6.6 |
2.5 |
3.9 |
2017♦ |
|
|
|
|
|
|
I* |
1.1 |
1.4 |
0.3 |
–1.6 |
3.9 |
6.6 |
II* |
0.6 |
1.2 |
0.4 |
2.0 |
2.3 |
2.8 |
III♦ |
–0.3 |
–1.9 |
0.2 |
2.1 |
2.5 |
0.7 |
¨ Second
estimate. * Provision data. ◘ Non-final data.
______________________________
1 A –
agriculture, forestry and fishing; B + C + D + E – mining and quarrying;
manufacturing; electricity, gas, steam and air conditioning supply; water supply;
sewerage, waste treatment and remediation activities; C – manufacturing; F –
construction; G + H + I – wholesale and retail trade; repair of motor vehicles
and motorcycles; transportation and storage; accommodation and food service
activities; J – information and communication; K – financial and insurance
activities; L – real estate activities; M + N – professional, scientific and
technical activities; administrative and support service activities; O + P + Q
– public administration and defence; compulsory social security; education;
human health and social work; R + S + T – arts, entertainment and recreation;
repair of household goods and other services.
Real GDP changes have been estimated using a chain-linking method which enables the elimination of the influence of price changes.
Values of and changes in GDP and its components depend on the different seasons of the year; therefore, changes used for the comparison of GDP and its components for different periods are seasonally and calendar adjusted.
A news release on the first GDP estimate for IV quarter 2017 is due on 30 January 2018.
For more information, see the Predefined Tables (information is provided seasonally and calendar unadjusted) and Database of Indicators.