Domestic Demand in Lithuania
The Lithuanian economy recorded an average growth rate of 2.8% in domestic demand in the decade to 2022, exceeding the 1.3% Euro Area average. In 2022, domestic demand growth was 1.9%.
Lithuania Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Lithuania from 2014 to 2023.
Source: Macrobond.
Lithuania Demand Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | 2.0 | -3.1 | 7.6 | 2.3 | -1.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Lithuanian demand projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Lithuanian demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Lithuanian demand projections.
Want to get access to the full dataset of Lithuanian demand forecasts? Send an email to info@focus-economics.com.