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2019.09.06 15:30

Lithuania's GDP growth three times above Eurozone average – Eurostat

BNS 2019.09.06 15:30

Lithuania's year-on-year GDP growth in the second quarter of 2019 was much faster than the average growth in the European Union, the EU statistical office Eurostat said on Friday.

Lithuania's economy grew 3.9 percent in the second quarter year-on-year, compared to the EU average of 1.4 percent and the euro zone average of 1.2 percent.

Latvia's annual GDP growth reached 2.9 percent, and Estonian economy expanded 3.8 percent.

Quarter-on-quarter, Lithuania's GDP rose 0.8 percent, compared to a 0.7 percent increase in Latvia and 0.4 percent in Estonia.