Lithuania's nine-month GDP up by 6.7%

Lithuania's nine-month GDP up by 6.7%

Statistics Department announced that Lithuania's GDP (Gross Domestic Product) rose by 6.7% in the first nine months of the year. In the third quarter, GDP also showed a growth of 5.8%. All key sectors of the economy, except mining and quarrying and agriculture, contributed to the GDP growth in the third quarter. The strongest year-on-year growths were recorded in the following sectors; wholesale and retail trade up by 9.8%, transport and communications up by 9%, hotels and restaurants up by 8.4%, manufacturing up by 7.9% and fisheries up by 7.4%. These sectors accounted for 47.6% of the total GDP.