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Business in Lithuania (edition 2021)
Production
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The chapter provides statistical information on the industrial production changes and structure by market. Statistical information is based on the data of the short-term statistics survey on industrial enterprises. The survey covers industrial enterprises of all types and forms of ownership.
For the calculation of indices and changes in the value (VAT and excise excluded) of industrial production, a producer price index is used.
Over the year (December 2020, against December 2019), prices for the total industrial production sold decreased by 7.9 per cent, refined petroleum products excluded – by 2.3 per cent.
Over the year, prices for industrial production sold on the Lithuanian market decreased by 5.6 per cent, refined petroleum products excluded – 3.3 per cent.
Prices for industrial production sold on the non-Lithuanian market decreased by 9.4 per cent, refined petroleum products excluded – by 1.6 per cent.
The overall price change for industrial production sold on the euro area market decreased by 11 per cent, on the non‑euro area market – 8.3 per cent.
Changes in prices for industrial production sold over the year
Compared to the respective month of the previous year
Per cent
The latest and detailed data are available in the Database of Indicators
Changes in prices for industrial production sold over the year, 2011–2020
December of the reporting year, compared to December of the previous year
Per cent
The latest and detailed data are available in the Database of Indicators
In 2020, the value of industrial production sold totalled EUR 21.3 billion at current prices. Against 2019, the value of industrial production, at constant prices, decreased by 1.9 per cent, mining and quarrying, as well as manufacturing – 1.9 per cent. The share of production sold on the non-Lithuanian market accounted for 62.5 per cent.
Industrial production increased in the enterprises engaged in manufacture of other transport equipment (41.3 per cent), computer, electronic and optical products (28.6 per cent), repair and installation of machinery and equipment (27 per cent), fabricated metal products, except machinery and equipment (16.9 per cent), textiles (9.2 per cent).
The volume of industrial production decreased in the enterprises engaged in manufacture of base metals (42.6 per cent), leather and related products (17.1 per cent) and other manufacturing (16.8 per cent).
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More:
Production of main commodities (XLSX)
Indices of industrial production (VAT and excises excluded), 2011–2020
2015 – 100
The latest and detailed data are available in the Database of Indicators
Indices of industrial production (VAT and excises excluded) by kind of economic activity, 2020
2015 – 100
The latest and detailed data are available in the Database of Indicators
Structure of economic activities of industrial production sold, 2020
Per cent
The latest and detailed data are available in the Database of Indicators
Sales income (VAT and excises excluded) by direction of realisation, 2020
Per cent
The latest and detailed data are available in the Database of Indicators
Kind of economic activity
|
B |
Mining and quarrying |
|
B06 |
Extraction of crude petroleum and natural gas |
|
B08 |
Other mining and quarrying |
|
C |
Manufacturing |
|
C10–C12 |
Manufacture of food products and tobacco |
|
C11 |
Manufacture of beverages |
|
C13 |
Manufacture of textiles |
|
C14 |
Manufacture of wearing apparel |
|
C15 |
Manufacture of leather and related products |
|
C16 |
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials |
|
C17 |
Manufacture of paper and paper products |
|
C18 |
Printing and reproduction of recorded media |
|
C19 |
Manufacture of coke and refined petroleum products |
|
C20 |
Manufacture of chemicals and chemical products |
|
C21 |
Manufacture of basic pharmaceutical products and pharmaceutical preparations |
|
C22 |
Manufacture of rubber and plastic products |
|
C23 |
Manufacture of other non-metallic mineral products |
|
C24 |
Manufacture of basic metals |
|
C25 |
Manufacture of fabricated metal products, except machinery and equipment |
|
C26 |
Manufacture of computer, electronic and optical products |
|
C27 |
Manufacture of electrical equipment |
|
C28 |
Manufacture of machinery and equipment n.e.c. |
|
C29 |
Manufacture of motor vehicles, trailers and semi-trailers |
|
C30 |
Manufacture of other transport equipment |
|
C31 |
Manufacture of furniture |
|
C32 |
Other manufacturing |
|
C33 |
Repair and installation of machinery and equipment |
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Statistical information on the past, present or future changes in the economic activities of enterprises, industrial confidence indicator, characterising changes and tendencies of economic activity has been prepared by applying data of the statistical survey, also known as business opinion survey. Statistical survey is intended for short-term economic analysis and expectations, i.e. to foresee economic activity relations and growth periods, to establish present economic state in the country and trend of business activity changes. More specifically, such survey data are increasingly used in predicting turning points in the economic cycle.
Industrial confidence indicator
Per cent
The latest and detailed data are available in the Database of Indicators
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More:
Orders development change over the past 3 months
Industrial production change over the past 3 months
Industrial production expectations for the next 3 months
Export expectations for the next 3 months
For further terms, see the Dictionary of Statistical Terms.
