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Friday, 26.04.2024, 19:01
Lithuania's GDP grows 4.1% in Q1
Print versionCompared to IV quarter 2016, the real GDP change,
seasonally and calendar adjusted, stood at 1.4%. Compared to the same
quarter of 2016, the real GDP change, seasonally and calendar adjusted, stood
at 4.1% (unadjusted – 3.9%).
As for GDP estimated by production approach, in
I quarter 2017, against the previous period, seasonally and calendar adjusted,
the fastest growth was observed in the value added generated by the enterprises
engaged in the following activities: mining and quarrying, manufacturing,
electricity, gas, steam and air conditioning supply, water supply, sewerage,
waste management and remediation activities – 3.3% (manufacturing – 4.8 %),
wholesale and retail trade, repair of motor vehicles and motorcycles,
transportation and storage, accommodation and food service activities – 0.1%.
The growth rate was slowed down by the decrease in the value added generated by
enterprises engaged in information and communication (minus 4.3%) and
professional, scientific and technical activities, administrative and support
service activities (minus 3.6%).
As for GDP estimated by expenditure approach, in
I quarter 2017, against the previous quarter, seasonally and calendar adjusted,
final household consumption expenditure increased by 3.1, general government
expenditure – 0.3%. Gross fixed capital formation, which was on an increase in
IV quarter 2016 (4.1%), decreased by 1.1%. Exports of goods and
services increased by 3, imports – 7.7%.
Real GDP changes
 |
Table 1. Gross domestic product and its changes
| At current prices, EUR million | GDP changes, price change adjusted, per cent | |||
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 | 35 002.1 | 3.5 | 3.5 | 3.5 | 3.5 |
I | 7 708.6 | 0.4 | 3.1 | –9.5 | 3.4 |
II | 8 774.5 | 0.8 | 4.2 | 8.6 | 4.0 |
III | 9 524.7 | 1.3 | 3.2 | 10.8 | 3.1 |
IV | 8 994.3 | 0.9 | 3.5 | –4.9 | 3.6 |
2014 | 36 590.0 | 3.5 | 3.5 | 3.5 | 3.5 |
I | 8 191.5 | 1.2 | 4.4 | –8.7 | 4.4 |
II | 9 213.1 | 0.6 | 4.1 | 8.4 | 4.2 |
III | 9 899.5 | 0.4 | 3.1 | 9.6 | 3.1 |
IV | 9 285.9 | 0.3 | 2.5 | –5.6 | 2.4 |
2015◘ | 37 330.5 | 1.8 | 1.8 | 1.8 | 1.8 |
I | 8 312.7 | 0.4 | 1.6 | –9.4 | 1.6 |
II | 9 367.1 | 0.5 | 1.6 | 8.3 | 1.6 |
III | 9 999.5 | 0.7 | 1.9 | 9.9 | 1.8 |
IV | 9 651.2 | 0.2 | 1.9 | –5.4 | 2.1 |
2016* | 38 637.4 | 2.2 | 2.2 | 2.3 | 2.3 |
I* | 8 528.9 | 0.4 | 1.9 | –9.2 | 2.3 |
II* | 9 628.9 | 0.7 | 2.0 | 7.8 | 1.8 |
III* | 10 370.4 | 0.5 | 1.8 | 9.7 | 1.6 |
IV* | 10 109.2 | 1.5 | 3.1 | –3.7 | 3.4 |
2017♦ |
|
|
|
|
|
I♦ | 9 218.8 | 1.4 | 4.1 | –8.7 | 3.9 |
Table 2. Changes in gross value added, seasonally and calendar adjusted, by group of economic activity1
Compared to the previous period, per cent
| 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 | 3.9 | 5.4 | 2.7 | 2.3 | 6.7 | 0.9 | 7.3 |
I | –3.0 | 0.5 | 0.7 | 0.6 | –0.9 | 2.8 | 3.3 | 2.0 | 2.8 | 0.2 | 2.5 |
II | –1.7 | –0.5 | –0.3 | 10.1 | 0.6 | 1.5 | 3.8 | –1.3 | 2.5 | 0.4 | 2.2 |
III | –1.7 | 0.7 | 0.9 | 3.6 | 1.3 | –0.1 | 1.8 | –0.2 | –1.9 | 0.3 | 1.1 |
IV | 1.3 | 1.0 | 2.0 | 4.0 | 1.9 | 1.8 | –0.5 | 1.1 | 3.7 | –0.1 | 1.7 |
2014 | 3.5 | 3.7 | 4.4 | 13.6 | 3.0 | 2.4 | –0.5 | 1.6 | 3.8 | 0.5 | 3.7 |
I | 3.0 | 2.4 | 2.3 | 4.4 | 0.8 | 0.3 | –3.0 | –0.4 | –0.1 | 0.1 | 0.6 |
II | 0.2 | 0.2 | 0.1 | –0.4 | 0.5 | –0.3 | 3.0 | 1.8 | 1.3 | 0.2 | 0.6 |
III | –0.4 | –0.3 | –0.6 | 2.4 | 0.0 | 0.7 | –3.7 | 0.4 | 0.3 | 0.0 | 0.3 |
IV | 3.7 | 1.2 | 1.6 | 2.8 | –1.3 | 1.2 | 3.2 | 0.0 | 1.5 | 0.3 | 0.3 |
2015◘ | 2.6 | 1.7 | 2.8 | –0.7 | 1.9 | 5.3 | 2.8 | 1.8 | 5.2 | 0.8 | 0.0 |
I | 0.8 | 0.4 | 1.5 | 1.9 | 1.3 | 1.3 | –0.6 | 0.3 | 2.5 | 0.2 | –0.7 |
II | –1.0 | 0.1 | –0.3 | –2.8 | 1.2 | 1.6 | 0.1 | 0.2 | 0.9 | 0.1 | –0.1 |
III | 4.2 | –0.6 | 0.1 | –3.9 | 0.3 | 2.4 | 3.3 | 1.7 | 0.5 | 0.4 | 0.6 |
IV | –7.9 | 2.5 | 2.2 | –6.4 | 1.6 | 1.4 | 1.7 | –0.8 | 0.7 | 0.3 | –0.3 |
2016* | –5.6 | 2.8 | 2.9 | –8.1 | 4.5 | 4.5 | 4.2 | 2.0 | 3.3 | 1.6 | 1.3 |
I* | 0.3 | –0.3 | –0.3 | –1.4 | 0.5 | 0.2 | 0.2 | 1.5 | –0.5 | 0.4 | 0.9 |
II* | 0.9 | 1.2 | 1.4 | –1.3 | 1.2 | 0.5 | 1.2 | –0.8 | 0.5 | 0.4 | 0.3 |
III* | –3.3 | 1.0 | 0.9 | 0.8 | 2.2 | 0.7 | –3.8 | 3.3 | 4.1 | 0.3 | 0.5 |
IV* | –2.3 | –0.1 | 0.3 | 5.2 | 1.3 | 3.5 | 8.5 | –3.6 | 1.4 | 0.9 | –0.3 |
2017♦ |
|
|
|
|
|
|
|
|
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|
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I♦ | –0.4 | 3.3 | 4.8 | –0.2 | 0.1 | –4.3 | 0.4 | 2.2 | –3.6 | 0.0 | –0.5 |
Table 3. Real changes in the main GDP components estimated by expenditure approach, seasonally and calendar adjusted
Compared to the previous period, per cent
| Final consumption expenditure | Gross fixed capital formation | Exports of goods and services | Imports of goods and services | ||
total | household | General government | ||||
2013 | 4.1 | 5.2 | 0.7 | 7.6 | 9.6 | 10.7 |
I | 1.8 | 1.2 | 0.2 | 3.8 | 2.6 | 3.8 |
II | 0.3 | 2.0 | 0.2 | 4.7 | 0.1 | –2.8 |
III | 1.1 | 1.3 | 0.3 | 2.8 | 1.3 | 3.6 |
IV | 0.9 | 1.3 | –0.2 | 1.0 | 1.0 | 2.7 |
2014 | 3.4 | 3.4 | 0.3 | 3.3 | 3.5 | 3.1 |
I | 1.4 | 0.1 | 0.1 | 0.2 | 0.4 | –3.3 |
II | 0.4 | 0.5 | 0.2 | –0.3 | 2.0 | 2.4 |
III | 0.1 | 1.0 | 0.0 | 0.1 | 0.5 | 3.0 |
IV | 1.4 | 0.6 | 0.5 | 0.2 | –0.2 | 0.7 |
2015◘ | 3.5 | 4.9 | 0.9 | 5.1 | –0.4 | 6.3 |
I | 1.4 | 2.4 | 0.1 | 4.9 | –1.8 | 3.0 |
II | 0.3 | 0.6 | 0.3 | 1.6 | 1.0 | 2.0 |
III | 1.1 | 0.7 | 0.3 | –0.6 | 0.0 | –0.9 |
IV | 0.4 | 1.9 | 0.1 | –3.4 | 0.5 | –1.6 |
2016* | 4.1 | 4.8 | 1.4 | 0.1 | 3.4 | 2.4 |
I* | 0.7 | 0.7 | 0.5 | 1.4 | 2.0 | 0.4 |
II* | 2.1 | 1.8 | 0.3 | 1.1 | 0.1 | 3.9 |
III* | 1.2 | 1.3 | 0.3 | –1.2 | 0.9 | –0.8 |
IV* | 1.0 | 0.4 | 0.9 | 4.1 | 1.3 | 2.4 |
2017♦ |
|
|
|
|
|
|
I♦ | 1.8 | 3.1 | 0.3 | –1.1 | 3.0 | 7.7 |
♦ 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.
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