Industrial production in Lithuania increased 14.50 percent year-on-year in March of 2021, following an upwardly revised 9.8 percent rise in the previous month. It was the strongest growth in industrial production since May 2013, amid the coronavirus pandemic. On a monthly basis, industrial production rose by 4.5 percent, after an upwardly revised 2.8 percent rise in February. source: Statistics Lithuania
Industrial Production in Lithuania averaged 3.72 percent from 1999 until 2021, reaching an all time high of 40 percent in February of 2003 and a record low of -26.10 percent in April of 2009. This page provides the latest reported value for - Lithuania Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Industrial Production in Lithuania is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Lithuania to stand at 4.00 in 12 months time. In the long-term, the Lithuania Industrial Production is projected to trend around 2.30 percent in 2022 and 3.80 percent in 2023, according to our econometric models.