Average economic size of farms by standard output, farm type and age in Lithuania
Lithuania: Average economic size of farms by standard output, farm type and age was 2.79 billion Euro in 2023. ▲ Rising
Average economic size of farms by standard output, farm type and age in Lithuania, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
Lithuania recorded 2.79 billion Euro for average economic size of farms by standard output, farm type and age in 2023. That is the highest value across all 7 years on record.
That represents a change of up 21.5% on the previous year and up 45.5% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Lithuania peaked at 2.79 billion Euro in 2023 and was at its lowest, 1.32 billion Euro, in 2007.
Lithuania ranks 26th of 40 countries on this measure, in the middle of the range.
Average economic size of farms by standard output, farm type and age in Lithuania, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 1.55 billion Euro | — |
| 2007 | 1.32 billion Euro | -14.7% |
| 2010 | 1.53 billion Euro | +15.5% |
| 2013 | 1.92 billion Euro | +25.7% |
| 2016 | 2.23 billion Euro | +16.0% |
| 2020 | 2.30 billion Euro | +3.3% |
| 2023 | 2.79 billion Euro | +21.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.44 billion Euro | 1.32 billion Euro | 1.55 billion Euro | 2 |
| 2010s | 1.89 billion Euro | 1.53 billion Euro | 2.23 billion Euro | 3 |
| 2020s | 2.55 billion Euro | 2.30 billion Euro | 2.79 billion Euro | 2 |
Countries ranked near Lithuania
More economy & growth data for Lithuania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.23 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 36.84 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness 0.1981 Index (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 15,948 Enterprises (2024)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in Lithuania?
- Average economic size of farms by standard output, farm type and age in Lithuania was 2.79 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Lithuania?
- The highest recorded value was 2.79 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Lithuania?
- The lowest recorded value was 1.32 billion Euro in 2007.
- How does Lithuania rank for average economic size of farms by standard output, farm type and age?
- Lithuania ranks 26th out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Lithuania?
- Over the last ten years it is up 45.5%. The long-run trend across the full record is rising.
- Where does this Lithuania data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Eurostat).