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Saturday, 20.04.2024, 07:39
In Q3, GDP in Lithuania grew by 2.6%
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According to revised data, in III quarter 2014, against the same period of 2013, a positive change in the value added was observed in almost all activities. The fastest growth in the value added was observed in enterprises engaged in construction (13.2%), manufacturing (2.4%), wholesale and retail trade, repair of motor vehicles and motorcycles, transportation and storage, accommodation and food service activities (1.9%), mining and quarrying, water supply, sewerage, waste treatment and remediation activities (1.7%), and arts, entertainment and recreation, repair of household goods and other services (1.7%). In enterprises engaged in other activities, the growth in the value added was slower. In III quarter 2014, against the same period of 2013, the value added of enterprises engaged in agricultural, forestry and fishing activities decreased by 0.5% (the changes are seasonally and working day adjusted).
 |
| GDP changes (1) |
According to revised data, in the first three quarters of 2014, GDP amounted to LTL 93 410 million (EUR 27 053.5 million). Compared to the same period of 2013, real GDP change, seasonally and working day adjusted, stood at 3.1%.
As for GDP estimated by expenditure approach, in III quarter 2014, against the same period of 2013, an increase was observed in all main GDP components. Gross fixed capital formation grew by 5.5, final household consumption expenditure – 3.8, final general government consumption expenditure – 1.3%. Exports of goods and services grew by 4.2, imports – by 3.8%.
Table 1. GDP changes
|
|
At current prices |
GDP changes, % |
||||
|
LTL million |
EUR million |
compared to the previous period |
compared to the same period of the previous year |
seasonally and working day adjusted |
||
|
compared to the previous period |
compared to the same period of the previous year |
|||||
|
2010 |
96 682.9 |
28 001.3 |
1.6 |
1.6 |
1.7 |
1.7 |
|
I |
21 687.1 |
6 281.0 |
–7.8 |
–1.0 |
0.9 |
–1.1 |
|
II |
24 569.8 |
7 155.9 |
10.5 |
1.2 |
1.6 |
1.6 |
|
III |
25 299.7 |
7 327.3 |
6.7 |
0.9 |
0.0 |
1.0 |
|
IV |
25 126.2 |
7 277.0 |
–3.2 |
5.1 |
2.5 |
5.1 |
|
2011 |
107 890.6 |
31 247.3 |
6.1 |
6.1 |
6.1 |
6.1 |
|
I |
23 841.6 |
6 905.0 |
–7.1 |
6.0 |
1.9 |
6.1 |
|
II |
27 520.1 |
7 970.4 |
10.0 |
5.5 |
1.7 |
6.2 |
|
III |
28 796.7 |
8 340.1 |
8.3 |
7.1 |
0.6 |
6.8 |
|
IV |
27 732.2 |
8 031.8 |
–4.5 |
5.7 |
1.1 |
5.3 |
|
2012 |
115 026.5 |
33 314.0 |
3.8 |
3.8 |
3.9 |
3.9 |
|
I |
25 828.5 |
7 480.5 |
–8.7 |
3.9 |
1.3 |
4.7 |
|
II |
28 716.7 |
8 316.9 |
8.0 |
2.0 |
–0.2 |
2.8 |
|
III |
30 875.6 |
8 942.2 |
11.7 |
5.1 |
2.1 |
4.4 |
|
IV |
29 605.6 |
8 574.4 |
–5.2 |
4.3 |
0.6 |
3.9 |
|
2013◘ |
120 694.7 |
34 955.6 |
3.3 |
3.3 |
3.2 |
3.2 |
|
I |
26 754.5 |
7 748.6 |
–9.8 |
3.1 |
0.1 |
2.7 |
|
II |
30 541.1 |
8 845.3 |
8.7 |
3.7 |
1.1 |
4.0 |
|
III |
32 319.8 |
9 360.5 |
10.8 |
3.0 |
1.1 |
2.9 |
|
IV |
31 079.2 |
9 001.2 |
–4.9 |
3.3 |
0.8 |
3.1 |
|
2014 |
|
|
|
|
|
|
|
I* |
28 051.6 |
8 124.3 |
–9.8 |
3.3 |
0.4 |
3.4 |
|
II* |
31 678.0 |
9 174.6 |
8.8 |
3.4 |
0.9 |
3.3 |
|
III♦ |
33 680.8 |
9 754.6 |
10.1 |
2.7 |
0.5 |
2.6 |
Table 2. Changes in gross value added (1) by group of economic activity, 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 |
3.7 |
13.2 |
19.4 |
17.7 |
9.1 |
–5.6 |
3.8 |
0.3 |
–0.5 |
–2.1 |
1.3 |
|
II |
5.2 |
12.0 |
13.4 |
15.1 |
6.2 |
–4.9 |
10.2 |
1.2 |
0.3 |
0.4 |
4.0 |
|
III |
14.7 |
7.9 |
8.7 |
17.7 |
6.5 |
–4.9 |
19.0 |
–2.5 |
7.7 |
–0.1 |
5.7 |
|
IV |
9.7 |
–2.9 |
0.1 |
26.2 |
10.4 |
–0.8 |
4.5 |
6.5 |
7.8 |
2.5 |
6.4 |
|
2012◘ |
10.7 |
3.1 |
4.2 |
–5.2 |
7.1 |
4.3 |
–6.1 |
1.5 |
5.1 |
1.3 |
6.5 |
|
I |
5.3 |
0.1 |
–0.4 |
8.5 |
5.1 |
5.9 |
3.9 |
0.6 |
5.6 |
2.4 |
7.0 |
|
II |
11.7 |
–2.2 |
–0.2 |
–1.8 |
5.1 |
4.9 |
–4.4 |
0.8 |
4.1 |
1.0 |
6.9 |
|
III |
15.8 |
4.9 |
6.9 |
–11.9 |
8.0 |
2.9 |
–12.0 |
5.9 |
4.8 |
1.4 |
6.5 |
|
IV |
10.1 |
9.8 |
10.5 |
–13.6 |
10.0 |
3.7 |
–10.9 |
–1.2 |
6.2 |
0.6 |
5.6 |
|
2013* |
–2.2 |
3.8 |
5.5 |
10.2 |
4.1 |
1.9 |
2.6 |
1.0 |
4.0 |
1.4 |
1.9 |
|
I |
6.5 |
7.8 |
10.7 |
–4.6 |
4.7 |
1.6 |
–7.4 |
1.3 |
1.5 |
0.8 |
4.1 |
|
II |
–1.1 |
5.9 |
7.1 |
8.9 |
4.0 |
2.2 |
2.2 |
1.5 |
4.8 |
1.5 |
2.7 |
|
III |
–6.6 |
0.3 |
1.0 |
17.6 |
4.2 |
2.1 |
4.3 |
0.1 |
4.2 |
1.6 |
1.3 |
|
IV |
–6.8 |
1.6 |
3.7 |
20.3 |
3.4 |
1.9 |
12.2 |
1.1 |
5.2 |
1.9 |
–0.5 |
|
2014 |
|
|
|
|
|
|
|
|
|
|
|
|
I* |
–6.1 |
1.4 |
3.2 |
23.0 |
4.1 |
2.2 |
6.0 |
1.7 |
3.2 |
1.5 |
0.6 |
|
II* |
–4.7 |
4.0 |
5.2 |
13.1 |
4.1 |
0.5 |
1.1 |
1.5 |
0.7 |
1.1 |
0.6 |
|
III♦ |
–0.5 |
1.7 |
2.4 |
13.2 |
1.9 |
1.1 |
0.7 |
0.7 |
1.3 |
0.7 |
1.7 |
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.
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 |
–3.5 |
–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 |
4.6 |
0.2 |
19.8 |
14.9 |
14.2 |
|
I |
2.2 |
4.9 |
–1.0 |
31.2 |
23.4 |
26.4 |
|
II |
4.2 |
5.2 |
0.0 |
25.4 |
18.1 |
19.1 |
|
III |
3.2 |
5.0 |
0.7 |
12.6 |
12.7 |
10.5 |
|
IV |
4.9 |
3.6 |
1.2 |
12.8 |
7.2 |
3.1 |
|
2012◘ |
2.5 |
3.2 |
1.4 |
–0.9 |
12.2 |
4.8 |
|
I |
2.9 |
3.2 |
1.5 |
6.3 |
8.5 |
–1.7 |
|
II |
2.7 |
2.7 |
1.4 |
–1.0 |
7.8 |
–0.8 |
|
III |
2.2 |
3.1 |
1.3 |
–3.3 |
13.8 |
9.8 |
|
IV |
2.0 |
3.8 |
1.3 |
–5.4 |
18.5 |
12.1 |
|
2013* |
4.3 |
5.3 |
1.7 |
6.3 |
9.4 |
10.8 |
|
I |
4.1 |
3.4 |
1.4 |
–2.8 |
14.7 |
16.3 |
|
II |
3.8 |
5.2 |
1.7 |
6.0 |
13.2 |
13.7 |
|
III |
5.5 |
6.1 |
1.8 |
10.0 |
7.3 |
7.5 |
|
IV |
3.7 |
6.3 |
1.8 |
12.3 |
3.4 |
6.4 |
|
2014 |
|
|
|
|
|
|
|
I* |
4.3 |
6.0 |
1.5 |
12.3 |
1.5 |
1.2 |
|
II* |
5.3 |
5.6 |
1.3 |
9.6 |
4.3 |
7.8 |
|
III♦ |
3.7 |
3.8 |
1.3 |
5.5 |
4.2 |
3.8 |
♦ Second
estimate. * Provisional data. ◘ Non-final data.
1 Seasonally and working day adjusted.
The real GDP changes have been estimated using a chain-linking method, which enables the elimination of the influence of price changes.
In order to ensure comparability across countries, data on GDP changes published by Eurostat are seasonally and working day adjusted.
For more information, see the Database of Indicators.
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