In a significant economic stride, Lithuania’s Gross Domestic Product (GDP) growth rate soared to 3.80% in the fourth quarter of 2024. This marks a notable rise from the preceding quarter’s 2.40%, showcasing a steady economic expansion year-over-year. The latest data update, released on January 30, 2025, provides a buoyant outlook for the Baltic nation’s economy.
The year-over-year comparison highlights Lithuania’s robust economic performance as the 3.80% growth rate reflects increased economic activity during the last months of 2024 compared to the same period in 2023. This surge indicates a positive trajectory in various sectors of the Lithuanian economy, contributing to the enhanced growth figures.
Such economic data is pivotal for analysts and investors tracking Lithuania’s economic health and potential investment opportunities. The Q4 2024 upturn serves as an encouraging signal of economic stability and growth prospects, beneficial not only for the local market but also for external partners and stakeholders looking at Lithuania as an attractive economic partner in the region.
The material has been provided by InstaForex Company – www.instaforex.com
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