Lithuania Update

February 2006

Gross domestic product in Lithuania grew 7.3 percent to 70.7 billion litas (20.5 billion euros) last year, the Statistics Department reported. According to preliminary data, in the fourth quarter the economy expanded by 8.2 percent year-on-year to 19.3 billion litas.

GDP per capita in the full-year 2005 was 20,659 litas, up 7.6 percent compared with 2004. In the last quarter alone it was 5,640 litas, a rise of 8.6 percent year-on-year.