Nominal GDP for Lithuania was $84.8bn in 2024, up from $79.8bn in 2023. The Lithuanian population was estimated at 2.9m in 2024 according to the IMF, while Russia is Lithuania’s biggest trading partner.
Variables Surveyed for Lithuania
Variables covered in our monthly analysis of Lithuania include:
- Gross Domestic Product (GDP)
- Private Consumption
- Gross Fixed Investment
- Industrial Production
- Consumer Price Inflation
- General Government Budget Balance
- Merchandise Exports
- Merchandise Imports
- Trade Balance
- Current Account Balance
- Monthly Inflation Forecasts
Consensus Forecasts for Lithuania
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. in the PDF publication, we also show selected “comparison forecasters” including the IMF, OECD, and European Commission. The example below is an illustrative historical survey snapshot from September 2022, showing how individual forecasts and the consensus are presented.
Source: Eastern Europe Consensus Forecasts, September 2022
Special Surveys
In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Lithuania on topics such as:- Quarterly Forecasts
- Long-Term Forecasts
- Forecast Probabilities
- Sectoral Growth and Foreign Direct Investment
Main Data Sources for Lithuania
- State Data Agency of Lithuania: The State Data Agency of Lithuania is officially the Department of Statistics to the Government of the Republic of Lithuania, until 2023, is an institution in Lithuania which is responsible for collecting, processing, presenting and analysing statistics concerning the topics economy, society and environment, and governance regarding the state data.
- Bank of Lithuania: The Bank of Lithuania is the central bank of the Republic of Lithuania. The Bank of Lithuania is a member of the European System of Central Banks.
Comprehensive Forecasts Coverage
Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.Explore forecasts across Eastern Europe
Alongside this country forecast, explore the other economies covered by our Eastern Europe forecast publication.