Annual GDP growth in Lithuania
Lithuania: Annual GDP growth was 2.8% in 2024. ◆ Volatile
Annual GDP growth in Lithuania, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Lithuania recorded 2.8% for annual gdp growth in 2024.
That represents a change of up 714.7% on the previous year and down 26.5% over ten years.
Over the whole period, annual gdp growth in Lithuania peaked at 11.1% in 2007 and was at its lowest, -14.8%, in 2009.
That places Lithuania 122nd out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Lithuania, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.4% | — |
| 2001 | 6.5% | +89.5% |
| 2002 | 6.7% | +3.7% |
| 2003 | 10.6% | +57.0% |
| 2004 | 6.5% | -38.4% |
| 2005 | 7.7% | +18.9% |
| 2006 | 7.4% | -4.3% |
| 2007 | 11.1% | +49.7% |
| 2008 | 2.6% | -76.5% |
| 2009 | -14.8% | -670.8% |
| 2010 | 0.4% | -102.9% |
| 2011 | 6.3% | +1369.8% |
| 2012 | 4.4% | -30.7% |
| 2013 | 4.0% | -7.5% |
| 2014 | 3.8% | -6.9% |
| 2015 | 2.8% | -24.9% |
| 2016 | 2.7% | -5.7% |
| 2017 | 4.6% | +72.7% |
| 2018 | 4.9% | +6.7% |
| 2019 | 4.7% | -4.9% |
| 2020 | 0.0% | -99.1% |
| 2021 | 6.4% | +15850.0% |
| 2022 | 2.5% | -60.2% |
| 2023 | 0.3% | -86.6% |
| 2024 | 2.8% | +714.7% |
Lithuania compared with similar countries
- Lithuania's 2.8% is above the median for high income countries, which is 2.1%, 1.3× the median. (83 countries reporting)
- Lithuania's 2.8% is above the median for Europe & Central Asia, which is 2.1%, 1.3× the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth in Lithuania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +15850.0% | 0.0% | 6.4% |
| 2011 | +1369.8% | 0.4% | 6.3% |
| 2024 | +714.7% | 0.3% | 2.8% |
| 2009 | -670.8% | 2.6% | -14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.8% | -14.8% | 11.1% | 10 |
| 2010s | 3.9% | 0.4% | 6.3% | 10 |
| 2020s | 2.4% | 0.0% | 6.4% | 5 |
Countries ranked near Lithuania
More economy & growth data for Lithuania
- Foreign direct investment, net outflows (BoP, current US$), gaps 127.67 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 44.19 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -34.32 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0324 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,069 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -4.7 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.0741 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,444 includes gold, current US$ per person (2025)
Frequently asked questions
- What is annual gdp growth in Lithuania?
- Annual gdp growth in Lithuania was 2.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Lithuania?
- The highest recorded value was 11.1% in 2007.
- What is the lowest annual gdp growth recorded in Lithuania?
- The lowest recorded value was -14.8% in 2009.
- How does Lithuania rank for annual gdp growth?
- Lithuania ranks 122nd out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Lithuania?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is volatile.
- Where does this Lithuania data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%).