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2026.04.3006:17:15UTC+00Lithuania Q1 GDP Contracts for the First Time in Two Years

Lithuania’s economy contracted by 0.4% quarter-on-quarter in the first quarter of 2026, following an upwardly revised 1.9% expansion in the previous three-month period, according to preliminary estimates. This was the first quarterly decline since the fourth quarter of 2023 and was largely driven by weaker results in construction, wholesale and retail trade, and transportation and storage services. On a year-on-year basis, Lithuania’s GDP grew by 2.1% in Q1 2026, easing from an upwardly revised 3.3% increase in the previous quarter.

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