Economy

Consumption in Lithuania slowly recovers

In February, the first time in the last three months, a slight increase in consumption was observed. However, the level of consumption remains much lower against the same period a year ago, a buyers’ monthly expenses index by the retailer Maxima LT shows. […]

Economy

Lithuania’s economy grew more than estimated in 2014

“We are pleased that the revised GDP for 2014 compared to 2013 increased by 3 percent rather than by 2.9 percent as it was announced in the preliminary estimates. The higher growth was driven by the growth of the construction industry, also, the Government’s decisions regarding housing renovation under the new programme,” Lithuanian Prime Minister Algirdas Butkevičius said on Monday, referring to revised data from Statistics Lithuania. […]

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Society

Lithuanians visit doctors 8 times per year

Statistics Lithuania announced that Lithuanians visited doctors on average 8.1 times in 2013, while the total number of visits stood at 24 million. […]

Economy

Lithuania’s GDP up 2.9 percent in 2014

In 2014, Lithuania’s gross domestic product (GDP), estimated based on available statistical data and econometric models, amounted to EUR 36,270.8 million (LTL 125,236 million) at current prices. Compared to 2014, the real GDP change, seasonally and working day adjusted, stood at 2.9 percent, Statistics Lithuania announced. […]

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Society

Euro adoption and crisis in Ukraine reduced Lithuanians’ optimism, according to poll

In December 2014 only every third Lithuanian claimed that the situation in the country has been improving. Compared with November 2014, the number of optimists decreased by 6 percent. According to sociologist and lecturer of Vilnius University, Professor Romas Lazutka, the outburst of pessimism at the end of the year was related to the change of national currency and the ongoing conflict in eastern Ukraine. […]

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Society

Lithuanian population shrinks 0.7 percent in 2014

The population of Lithuania shrank 0.7 percent over 2014, according to Statistics Lithuania, yet the figure represents an improvement since 2005. […]