Lithuania recorded a 1.1% GDP growth in July-September 2024, compared to the previous quarter. The annual increase was 2.3%.
In the second quarter of 2024, GDP had grown by 0.2% in the euro area and by 0.3% in the EU.
These preliminary GDP flash estimates are based on data sources that are incomplete and subject to further revisions.
Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 0.9% both in the euro area and in the EU in the third quarter of 2024, after +0.6% in the euro area and +0.8% in the EU in the previous quarter.
Among the Member States for which data are available for the third quarter of 2024, Ireland (+2.0%) recorded the highest increase compared to the previous quarter, followed by Lithuania (+1.1%) and Spain (+0.8%). Declines were recorded in Hungary (-0.7%), Latvia (-0.4%) and Sweden (-0.1%). The year-on-year growth rates were positive for seven countries and negative for six.