Lithuania: Industrial production down 5.2% in 2023: statistics

Lithuania’s industrial production totalled EUR 35bn at current prices in 2023, the State Data Agency (VDA) reported. Compared to 2022, industrial output decreased by 5.2% at constant prices, according to calendar-adjusted data. In terms of unadjusted data, industrial production dropped by 5.3% over a year. The volume of output in manufacturing decreased by 3.7%, in mining and quarrying by 11.3%, and in energy production by 21.0%. Total value added generated by industrial enterprises fell by 5.6% in 2023, according to VDA’s data.