Analytics, Economics, GDP, Lithuania, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 18:04
GDP in Lithuania amounted to EUR 9 284.7 mln in Q2
Compared to I quarter 2015, the GDP change was positive and stood at 0.7%1.
As for GDP estimated by production approach, according to the revised data, in II quarter 2015, against II quarter 2014, a positive change1 in the value added was observed in almost all activities, except for agriculture, forestry and fishing, real estate activities, financial and insurance activities . The fastest growth in the value added was observed in enterprises engaged in construction (7.8%), manufacturing (2.5%), professional, scientific and technical, and administrative and support (3.2%) activities. In II quarter 2015, against II quarter 2014, the value added of enterprises engaged in agriculture, forestry and fishing decreased by 5.4%, real estate activities – 1.2%, financial and insurance activities – 0.7%.
In I half-year 2015, GDP at current prices amounted to EUR 17 520.7 million. Compared to I half-year 2014, the GDP change stood at 1.5%1 (seasonally and working day unadjusted – 1.4%).
As for GDP estimated by expenditure approach, in II quarter 2015, against the same quarter of 2014, an increase1 was observed in all main GDP components. Final household consumption expenditure grew by 6.5, gross fixed capital formation – by 11.2%. Exports of goods and services grew slower than imports – 1 and 8.3% respectively.
GDP changes |
Table 1. Gross domestic product and its changes
|
At current prices, EUR million |
GDP changes, % |
|||
against |
against |
seasonally and working |
|||
against |
against |
||||
2010 |
28 001.3 |
1.6 |
1.6 |
1.7 |
1.7 |
I |
6 281.0 |
–7.8 |
–1.0 |
0.9 |
–1.1 |
II |
7 155.9 |
10.5 |
1.2 |
1.6 |
1.6 |
III |
7 327.3 |
6.7 |
0.9 |
0.0 |
1.0 |
IV |
7 277.0 |
–3.2 |
5.1 |
2.5 |
5.1 |
2011 |
31 247.3 |
6.1 |
6.1 |
6.1 |
6.1 |
I |
6 905.0 |
–7.1 |
6.0 |
1.9 |
6.1 |
II |
7 970.4 |
10.0 |
5.5 |
1.7 |
6.2 |
III |
8 340.1 |
8.3 |
7.1 |
0.6 |
6.8 |
IV |
8 031.8 |
–4.5 |
5.7 |
1.1 |
5.3 |
2012 |
33 314.0 |
3.8 |
3.8 |
3.9 |
3.9 |
I |
7 480.5 |
–8.7 |
3.9 |
1.3 |
4.7 |
II |
8 316.9 |
8.0 |
2.0 |
–0.2 |
2.8 |
III |
8 942.2 |
11.7 |
5.1 |
2.1 |
4.4 |
IV |
8 574.4 |
–5.2 |
4.3 |
0.6 |
3.9 |
2013◘ |
34 955.6 |
3.3 |
3.3 |
3.2 |
3.2 |
I |
7 748.6 |
–9.8 |
3.1 |
0.2 |
2.7 |
II |
8 845.3 |
8.7 |
3.7 |
0.9 |
3.9 |
III |
9 360.5 |
10.8 |
3.0 |
1.1 |
2.9 |
IV |
9 001.2 |
–4.9 |
3.3 |
0.8 |
3.1 |
2014* |
36 308.9 |
2.9 |
2.9 |
3.0 |
3.0 |
I* |
8 124.2 |
–9.8 |
3.3 |
0.5 |
3.4 |
II* |
9 172.6 |
8.8 |
3.4 |
0.8 |
3.3 |
III* |
9 740.8 |
10.1 |
2.7 |
0.5 |
2.7 |
IV* |
9 271.4 |
–5.1 |
2.5 |
0.7 |
2.6 |
2015♦ |
|
|
|
|
|
I* |
8 235.9 |
–10.8 |
1.3 |
–0.5 |
1.6 |
II♦ |
9 284.7 |
8.9 |
1.4 |
0.7 |
1.4 |
Table 2. Changes in gross value added1 by group of economic activity2, compared to the same period of the previous year, %
|
A |
B + C + D + E |
C |
F |
G + H + I |
J |
K |
L |
M + N |
O + P + Q |
R + S + T |
2010 |
–6.8 |
6.8 |
9.0 |
–6.2 |
4.3 |
1.8 |
10.3 |
–1.2 |
–2.6 |
–2.4 |
–6.2 |
I |
1.6 |
1.0 |
–2.6 |
–21.7 |
3.4 |
0.7 |
2.3 |
–1.5 |
3.5 |
–5.1 |
–9.3 |
II |
–5.5 |
4.7 |
8.1 |
–8.0 |
4.6 |
2.0 |
5.1 |
–2.3 |
6.0 |
–3.9 |
–7.4 |
III |
–19.0 |
5.3 |
9.8 |
3.3 |
7.7 |
3.9 |
16.0 |
–1.4 |
–10.7 |
0.1 |
–5.4 |
IV |
–2.7 |
16.2 |
21.5 |
5.1 |
1.7 |
0.6 |
19.5 |
0.4 |
–7.9 |
–0.5 |
–2.4 |
2011 |
8.2 |
7.2 |
10.0 |
19.2 |
8.0 |
–4.1 |
9.3 |
1.3 |
3.7 |
0.2 |
4.4 |
I |
4.8 |
12.8 |
18.8 |
17.5 |
9.2 |
–6.8 |
6.8 |
0.0 |
–0.4 |
–1.3 |
1.5 |
II |
5.2 |
11.5 |
13.2 |
15.3 |
6.0 |
–5.1 |
10.3 |
1.2 |
0.3 |
0.3 |
3.1 |
III |
14.0 |
8.0 |
9.0 |
17.7 |
6.4 |
–4.1 |
16.4 |
–0.9 |
7.7 |
–0.0 |
5.5 |
IV |
9.2 |
–2.2 |
0.5 |
26.2 |
10.6 |
–0.3 |
4.0 |
5.2 |
7.9 |
1.9 |
7.3 |
2012◘ |
10.7 |
3.1 |
4.2 |
–5.1 |
7.0 |
4.4 |
–6.3 |
1.5 |
5.1 |
1.3 |
6.5 |
I |
3.1 |
0.9 |
0.4 |
8.3 |
5.8 |
8.1 |
0.5 |
1.1 |
5.4 |
1.4 |
7.1 |
II |
11.5 |
–1.1 |
0.5 |
–1.7 |
5.9 |
5.2 |
–5.7 |
1.2 |
4.5 |
1.2 |
8.1 |
III |
17.3 |
4.5 |
6.5 |
–11.5 |
7.6 |
1.6 |
–10.8 |
3.4 |
4.9 |
1.4 |
6.7 |
IV |
11.0 |
8.3 |
9.4 |
–13.3 |
8.7 |
2.8 |
–8.8 |
0.2 |
5.7 |
1.3 |
4.0 |
2013* |
–2.2 |
3.8 |
5.5 |
10.1 |
4.1 |
1.9 |
2.8 |
1.0 |
4.0 |
1.4 |
1.9 |
I |
5.9 |
6.8 |
9.7 |
–6.1 |
5.7 |
0.4 |
–4.3 |
1.1 |
3.1 |
1.5 |
2.3 |
II |
–1.9 |
5.4 |
6.9 |
9.3 |
4.4 |
2.2 |
1.7 |
1.2 |
5.1 |
1.6 |
2.0 |
III |
–7.3 |
1.4 |
2.2 |
18.1 |
3.7 |
2.4 |
5.7 |
0.7 |
3.7 |
1.5 |
1.1 |
IV |
–4.5 |
1.9 |
3.6 |
20.5 |
2.8 |
2.7 |
8.5 |
1.1 |
4.1 |
1.2 |
2.1 |
2014* |
3.8 |
2.5 |
3.4 |
15.5 |
2.5 |
1.4 |
1.3 |
1.1 |
1.5 |
1.0 |
2.0 |
I* |
3.1 |
1.6 |
3.3 |
26.5 |
2.6 |
2.6 |
2.2 |
1.5 |
2.0 |
1.1 |
2.3 |
II* |
4.3 |
3.5 |
4.6 |
13.6 |
3.2 |
0.5 |
2.3 |
1.4 |
0.5 |
0.9 |
1.6 |
III* |
4.9 |
1.9 |
2.7 |
12.0 |
3.3 |
1.4 |
–2.1 |
0.8 |
2.7 |
0.9 |
2.7 |
IV* |
2.8 |
2.9 |
2.9 |
11.5 |
0.9 |
1.0 |
2.9 |
0.6 |
1.0 |
1.0 |
1.6 |
2015 |
|
|
|
|
|
|
|
|
|
|
|
I* |
–5.2 |
1.7 |
2.3 |
9.5 |
0.2 |
1.5 |
–2.9 |
–1.3 |
3.2 |
1.2 |
2.5 |
II♦ |
–5.4 |
2.2 |
2.5 |
7.8 |
0.3 |
1.3 |
–0.7 |
–1.2 |
3.2 |
1.1 |
2.6 |
Table 3. Changes in the main GDP components estimated by expenditure approach1, compared to the same period of the previous year, %
|
Final consumption expenditure |
Gross fixed capital formation |
Exports of goods and services |
Imports of goods and services |
||
total |
household |
general government |
||||
2010 |
-3.5 |
-4.0 |
-3.5 |
1.1 |
18.9 |
18.5 |
I |
-7.4 |
-8.1 |
-4.3 |
-23.1 |
4.8 |
4.7 |
II |
-6.7 |
-6.1 |
-4.1 |
-4.6 |
21.2 |
18.8 |
III |
-1.1 |
-2.9 |
-3.2 |
21.5 |
24.4 |
21.5 |
IV |
2.0 |
1.7 |
-2.2 |
17.7 |
25.5 |
29.3 |
2011 |
3.6 |
4.7 |
0.2 |
19.8 |
14.9 |
14.2 |
I |
2.0 |
4.8 |
-1.0 |
30.9 |
23.4 |
27.4 |
II |
4.2 |
5.2 |
0.0 |
25.3 |
18.1 |
18.6 |
III |
3.3 |
5.2 |
0.7 |
12.6 |
12.7 |
10.5 |
IV |
5.0 |
3.7 |
1.2 |
13.0 |
7.2 |
3.0 |
2012◘ |
2.5 |
3.1 |
1.4 |
-0.9 |
12.2 |
4.6 |
I |
3.0 |
3.4 |
1.4 |
6.5 |
8.6 |
-2.3 |
II |
2.7 |
2.7 |
1.4 |
-1.0 |
7.9 |
-1.4 |
III |
2.2 |
2.9 |
1.3 |
-3.3 |
13.7 |
10.0 |
IV |
2.1 |
3.5 |
1.4 |
-5.3 |
18.4 |
12.3 |
2013* |
4.2 |
5.2 |
1.7 |
6.2 |
9.4 |
11.0 |
I |
3.8 |
3.6 |
1.6 |
-3.1 |
16.4 |
18.1 |
II |
3.7 |
5.3 |
1.8 |
6.0 |
12.1 |
13.4 |
III |
5.6 |
6.0 |
1.8 |
10.1 |
6.7 |
7.8 |
IV |
3.9 |
5.9 |
1.6 |
12.4 |
3.5 |
5.8 |
2014* |
4.7 |
4.7 |
1.6 |
7.8 |
3.4 |
5.6 |
I* |
4.7 |
5.2 |
1.4 |
12.6 |
0.1 |
-1.1 |
II* |
5.3 |
4.9 |
1.5 |
9.7 |
4.5 |
8.8 |
III* |
3.5 |
4.1 |
1.5 |
5.3 |
4.8 |
5.3 |
IV* |
5.3 |
4.6 |
1.9 |
4.0 |
4.2 |
9.6 |
2015 |
|
|
|
|
|
|
I* |
3.8 |
5.2 |
2.2 |
6.5 |
3.5 |
9.0 |
II♦ |
4.5 |
6.5 |
1.9 |
11.2 |
1.0 |
8.3 |
♦ Second
estimate. * Provision data. ◘ Non-final data.
_______________________
1 Seasonally and working day, and price change adjusted.
2 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.
GDP changes have been estimated using a chain-linking method, which enables the elimination of the influence of price changes.
Values 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 working day adjusted.
For more information, see the Predefined Tables and Database of Indicators.