The Gross Domestic Product (GDP) in Lithuania contracted 3.80 percent in the second quarter of 2020 over the same quarter of the previous year.
GDP Annual Growth Rate in Lithuania averaged 4.20 percent from 1996 until 2020, 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 August of 2020.
GDP Annual Growth Rate in Lithuania is expected to be -9.00 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 16.80 in 12 months time. In the long-term, the Lithuania GDP Annual Growth Rate is projected to trend around 6.50 percent in 2021 and 2.80 percent in 2022, according to our econometric models.