GDP

Nearly a third of Lithuanians are pensioners

A total of 882.1 thousand people in Lithuania received at least one type of pension at the end of 2022, according to preliminary estimates from the State...

Economist: likelihood is increasing that Lithuania’s economy will face wider challenges

Chief Economist at Swedbank Nerijus Mačiulis says it is possible that Lithuania’s economy may face greater challenges than just a technical recession....

Economist: industry sector is the only one to feel technical recession

The industry sector feels technical recession in Lithuania the most, but other sectors remain stable and their economic situation may even improve says Chief...

European Space Agency to fund six Lithuanian projects

Six Lithuanian projects are set to receive up to EUR 1 million from the European Space Agency (ESA) which has recently included them in its list of projects...

Šimonytė: GDP decline was expected

Prime Minister Ingrida Šimonytė is not surprised about lower gross domestic product (GDP) indicators in the first quarter of 2023 as this had been predicted.

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