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GDP in Lithuania rose by 1.7% in Q3 y-o-y

Jūratė Petrauskienė, Statistics Lithuania, 27.11.2015.Print version
Statistics Lithuania informs that, based on more comprehensive business, tax and price statistics, in III quarter 2015, GDP at current prices amounted to EUR 10 012.9 million. Compared to the same period of 2014, the real GDP change stood at 1.7% (1) (seasonally and working day unadjusted – 1.7%).

Compared to II quarter 2015, the real GDP change was positive and stood at 0.4%1.

 

In III quarter 2015, against III quarter 2014, positive changes in the value added1 were observed in all economic activities. The fastest growth in the value added was observed in enterprises engaged in construction (4.1%), manufacturing (2.9%), wholesale and retail trade, repair of motor vehicles and motorcycles, transportation and storage, accommodation and food service activities (2%).

 

In III quarter 2015, against III quarter 2014, final household consumption expenditure grew by 6.4%, gross fixed capital formation – 12.4%. Exports of goods and services, which were on the increase during the first two quarters of 2015, decreased by 0.7% in III quarter 2015. Imports of goods and services grew by 5.3%.


GDP changes

In the first three quarters of 2015, GDP at current prices amounted to EUR 27 630 million. Compared to the first three quarters of 2014, the real GDP change stood at 1.5%1 (seasonally and working day unadjusted – 1.5%).


Table 1. Gross domestic product and its changes

 

At current prices, EUR million

GDP changes, %

against
the previous
period

against
the same
period of
the previous
year

seasonally and working
day adjusted

against
the previous
period

against
the same
period of
the previous
year

2010

28 027.7

1.6

1.6

1.6

1.6

I

6 285.9

–7.8

–1.0

1.5

–1.2

II

7 122.5

10.5

1.3

1.1

1.3

III

7 336.9

6.7

1.0

0.0

1.1

IV

7 282.3

–3.2

5.2

2.5

5.2

2011

31 263.1

6.0

6.0

6.1

6.1

I

6 906.7

–7.1

5.9

2.3

5.9

II

7 974.2

10.0

5.4

1.3

6.1

III

8 348.7

8.3

7.1

0.7

6.9

IV

8 033.5

–4.5

5.7

1.2

5.6

2012

33 334.7

3.8

3.8

3.7

3.7

I

7 480.3

–8.8

3.8

0.0

3.3

II

8 318.0

8.0

1.9

0.7

2.7

III

8 959.7

11.8

5.2

2.8

4.9

IV

8 576.7

–5.3

4.3

0.2

3.8

2013

34 962.2

3.5

3.5

3.7

3.7

I

7 695.1

–9.5

3.4

0.5

4.3

II

8 772.3

8.6

4.1

0.8

4.4

III

9 515.5

10.8

3.1

0.9

2.5

IV

8 979.3

–4.9

3.6

1.3

3.6

2014*

36 444.4

3.0

3.0

3.0

3.0

I*

8 184.9

–8.9

4.3

0.9

4.0

II*

9 204.6

8.1

3.8

0.4

3.6

III*

9 777.3

9.5

2.6

0.1

2.7

IV*

9 277.5

–5.7

1.7

0.2

1.6

2015

 

 

 

 

 

I*

8 251.5

–9.3

1.3

0.7

1.4

II*

9 365.9

8.3

1.4

0.4

1.4

III

10 012.9

9.7

1.7

0.4

1.7


Table 2. Changes in gross value added (1) by group of economic activity (2), 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

–7.0

6.7

8.9

–6.4

4.4

2.3

10.2

–1.2

–2.5

–2.4

–6.2

I

3.2

0.5

–2.4

–22.4

0.7

0.7

1.5

–0.8

0.5

–2.9

–11.4

II

–5.9

4.8

7.5

–8.3

4.5

2.1

8.2

–1.5

3.6

–3.5

–6.8

III

–20.0

6.5

10.6

3.5

7.8

5.2

15.8

–1.9

–8.1

–1.4

0.1

IV

–3.3

15.2

20.6

5.4

4.6

1.3

16.2

–0.8

–5.7

–1.8

–6.0

2011

7.4

7.3

10.1

19.5

8.0

–4.6

9.5

1.3

3.7

0.2

4.3

I

1.5

12.4

17.8

17.9

9.4

–7.2

8.8

1.0

0.4

–1.7

3.4

II

4.0

11.2

13.1

15.3

6.9

–5.3

10.5

0.6

1.2

0.6

1.4

III

14.6

7.8

9.3

18.0

6.6

–5.3

13.0

–1.4

6.6

0.0

3.2

IV

10.1

–1.2

1.6

26.8

9.0

–0.4

5.7

5.1

6.8

1.7

9.5

2012

11.8

3.2

4.5

–5.5

7.0

3.9

–6.0

1.7

5.2

1.5

6.0

I

7.8

0.8

1.1

6.1

6.1

6.1

–0.4

1.3

5.7

2.1

4.2

II

12.7

–1.1

0.4

–1.5

5.8

5.0

–5.6

0.6

4.4

1.1

8.3

III

17.5

4.8

7.0

–11.0

7.5

1.8

–9.3

4.3

4.7

1.6

6.4

IV

9.3

8.2

9.4

–13.7

8.7

3.0

–8.6

0.6

5.9

1.1

5.2

2013*

–3.6

3.8

5.1

9.5

3.9

5.9

2.8

2.8

6.3

0.9

7.7

I

3.0

6.9

8.8

–4.7

4.9

5.7

–3.0

1.6

4.7

0.7

7.3

II

–3.0

5.7

7.3

8.3

4.0

5.9

2.5

3.2

7.3

1.1

7.5

III

–9.2

0.9

1.2

16.0

3.8

5.6

5.2

3.7

6.5

1.0

6.8

IV

–4.5

1.9

3.5

19.2

2.8

6.5

6.9

2.8

6.8

0.8

9.3

2014*

3.4

3.3

4.1

14.1

1.9

2.6

–0.8

2.6

2.6

0.8

4.8

I*

2.2

3.3

5.0

24.7

3.9

4.0

3.3

3.3

3.6

0.9

5.3

II*

4.2

4.1

5.1

12.3

3.6

1.5

–0.6

3.3

1.7

0.8

3.6

III*

5.6

2.4

3.2

10.6

1.5

3.1

–3.6

2.2

3.7

0.6

6.3

IV*

1.7

3.5

3.0

10.0

–1.5

2.1

–2.1

1.7

1.6

0.8

3.9

2015

 

 

 

 

 

 

 

 

 

 

 

I*

–8.3

1.4

2.1

7.3

0.4

–0.8

–1.8

–2.3

2.3

0.8

2.3

II*

–9.6

1.9

2.2

8.1

1.3

1.2

–0.3

–2.0

2.0

0.3

0.8

III

0.1

2.1

2.9

4.1

2.0

2.6

2.1

1.1

1.9

0.7

1.5


Table 3. Changes in the main GDP components estimated by expenditure approach (1), 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

-3.4

-3.7

-3.6

1.3

18.7

18.4

I

-7.4

-7.1

-4.0

-23.0

4.9

5.5

II

-6.7

-5.5

-5.0

-3.2

20.8

17.5

III

-1.1

-2.9

-2.6

20.5

24.3

20.8

IV

1.9

1.1

-2.7

17.3

25.4

30.2

2011

3.6

4.5

0.2

20.3

15.1

14.3

I

2.1

3.0

-1.2

32.9

23.3

26.5

II

4.2

5.2

0.5

26.3

18.2

18.6

III

3.2

5.6

0.2

12.4

12.8

10.8

IV

4.8

4.3

1.5

12.8

7.5

3.7

2012

2.9

3.4

1.2

-1.9

12.2

5.5

I

4.5

4.4

1.1

3.1

8.4

0.7

II

2.7

2.9

0.9

-1.2

7.9

-1.5

III

2.3

2.8

1.6

-4.0

14.0

10.4

IV

2.0

3.5

1.2

-5.1

18.3

12.4

2013*

3.8

4.9

1.1

8.4

9.7

10.4

I

2.9

4.0

1.5

0.9

17.0

15.2

II

3.4

4.9

1.4

7.2

12.5

14.1

III

4.9

5.6

0.8

12.4

6.6

7.1

IV

3.8

5.1

0.8

13.5

3.6

6.2

2014*

3.5

3.6

1.2

5.3

2.9

2.8

I*

3.3

4.3

0.8

11.8

-0.1

-2.3

II*

4.1

4.0

1.1

5.3

4.1

7.1

III*

2.6

3.0

1.3

3.3

4.4

3.0

IV*

3.9

3.2

1.7

1.5

3.3

3.4

2015

 

 

 

 

 

 

I*

4.1

4.7

2.2

6.0

3.6

10.2

II*

4.4

5.1

2.5

12.4

0.8

9.0

III

4.7

6.4

2.1

12.4

-0.7

5.3


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.

 

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 working day adjusted.


For more information, see the Predefined Tables and Database of Indicators.







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