Lithuanian Business at a Turning Point: Will the Economy Pick Up Speed?
The Bank of Lithuania’s latest quarterly report offers some encouraging news: the country’s GDP is expected to grow by 2.2% this year, which is 0.3 percentage points higher than predicted in June. The forecast for 2025 remains steady, with growth expected to reach 3.1%. While the economy has bounced back in the first half of the year, lingering uncertainties—like ongoing wars and slower growth in China and Germany—are slowing Lithuania’s economic recovery.
