Lithuania's GDP in 2023 was composed as follows: Services led with 32.79%, followed by Mining, Manufacturing, and Utilities at 22.16%. The Wholesale, Retail Trade, Restaurants, and Hotels sector contributed 19.78%, while Transport, Storage, and Communication sectors made up 15.42%. Construction accounted for 6.54%, and Agriculture, Hunting, Forestry, and Fishing composed 3.32% of the GDP.
From now on to 2024, watch for the potential expansion of the services sector as digitalization accelerates and urbanization continues. Additionally, developments in sustainable energy could reshape the composition, especially in Mining, Manufacturing, and Utilities, affecting overall trends. Keep an eye on agriculture's adaptation to climate change impacting its GDP share.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 32.79 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 22.16 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 19.78 | 2016 | |
| 4 | 4 Transport, storage and communication | 15.42 | 2016 | |
| 5 | 5 Construction | 6.54 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 3.32 | 2016 |
