GDP growth

Bank of Lithuania upgrades economic growth forecast for 2023

The Bank of Lithuania projects the country’s economy to shrink by 0.2% this year. Projections have been upgraded by 0.4% compared with September’s...

Nearly a third of Lithuanians are pensioners

A total of 882.1 thousand people in Lithuania received at least one type of pension at the end of 2022, according to preliminary estimates from the State...

Finance Minister: every quarantine week shrinks GDP by 0.5 percent

Economists estimate that every week of the quarantine in Lithuania, introduced to slow the spread of the coronavirus, shrinks the country's annual GDP by...

Fitch Ratings changes Lithuania's credit ratings after long time

International credit rating agency Fitch Ratings has upgraded Lithuania's credit ratings after six years.

Analysts: Lithuania is expected to post strongest GDP growth in Baltics

Swedbank, one of the biggest financial groups in the Baltics , sticks to its forecast that Lithuania will post the highest 2019 GDP growth rate in the...