Lithuania's economy saw a notable improvement, as the Gross Domestic Product (GDP) growth accelerated to 3.80% in the fourth quarter of 2024. This marks a significant rise from the 2.40% registered in the same period of the previous year, indicating a robust year-over-year performance.
The updated data, released on February 28, 2025, reflects Lithuania's economic resilience amid a dynamic global economic environment. This year-over-year comparison shows the positive trajectory of economic activity in the nation over the past year, driven by various structural and policy measures aimed at fostering economic expansion.
The impressive GDP growth rate showcases Lithuania's commitment to sustaining economic vitality and fostering an environment conducive to investment and development. As the country continues to leverage its strategic position within Europe, the outlook for the coming year remains optimistic, with expectations for continued economic momentum.
