Key Market Indicators
Lithuanian manufacturing output is projected to climb to approximately €49 billion by 2028, up from around €40 billion in 2023. This marks an average annual growth rate of 3.2%. The country's manufacturing sector has been on an upward trajectory since 2000, with supply increasing by an average of 11.6% each year. In 2023, Lithuania ranked 23rd globally in manufacturing output, with Bulgaria slightly ahead at a similar figure of €40 billion. Italy, France, and Spain held the second, third, and fourth spots respectively in the same ranking.
