Statistics Lithuania informs that GDP, estimated based on available statistical data and econometric models, in 2010 amounted to LTL 93 939 million at current prices and, compared to 2009, grew by 1.3 per cent (the changes have been estimated using a chain-linked volume of the added value).
In 2010, a growth in the gross value added was observed in industry and energy (by 5.7 per cent) and trade, transport and communication (by 3.1 per cent). The largest decrease in the gross value added was observed in construction (by 8.6 per cent) and agriculture, forestry and fishing (by 3.1 per cent). A smaller decrease in the gross value added was observed in public administration and defence, education, health care and social work (1.9 per cent).
In IV quarter 2010, GDP amounted to LTL 24 538 million at current prices and, compared to IV quarter 2009, grew by 4.6 per cent. Such a rapid growth in the added value was conditioned by particularly good results for industry; it was also, to a considerable extent, influenced by a growth in the added value of transport and storage.
Fig. 1. Changes in gross domestic product
Compared to the corresponding period of the previous year
♦ Change in gross domestic product, first estimate
In 2010, GDP per capita amounted to LTL 28 581 at current prices, in IV quarter 2010 – LTL 7466.
Seasonally and working day adjusted, GDP was growing throughout all four quarters of 2010 – on average, by 1.1 per cent per quarter. In IV quarter 2010, compared to III quarter of the same year, GDP grew by 1.7 per cent (see the table below).
REVISED GROSS DOMESTIC PRODUCT FOR III QUARTER 2010
Statistics Lithuania, based on more detailed data for the quarter and having estimated the added value based on a more comprehensive list of economic activities, has revised the second GDP estimate for III quarter 2010. Based on the revised data, in III quarter 2010, GDP amounted to LTL 25 121 million at current prices and, compared to the same quarter of 2009, grew by 1.2 per cent. (The previously published second GDP estimate amounted to LTL 25 027 million, its change – 1.1 per cent.)
Gross domestic product estimates
|At current prices||Chain-linked volume, 2000 – 100||Change, seasonally and working day adjusted, per cent|
|LTL million||EUR million||LTL million||Change, per cent|
|compared to the previous quarter||compared to the same quarter of the previous year||compared to the previous quarter||compared to the same quarter of the previous year|
♦ First estimate
Fig. 2. Changes in gross domestic product