Economic Structure of Lithuania
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STRUCTURE OF THE ECONOMY
Services sector contributes a lot for the country’s economic progress. According to given statistics, the percentage share of the services sector in the total GDP as of the year 2004 was 60.3.
Major industries of the country are electronics products, petroleum refining, agricultural machinery, food processing and computers.
Important agricultural products in the country include potatoes, sugar beets, vegetables, milk, fish and egg.
STRUCTURE OF THE ECONOMY
Services sector contributes a lot for the country’s economic progress. According to given statistics, the percentage share of the services sector in the total GDP as of the year 2004 was 60.3.
Major industries of the country are electronics products, petroleum refining, agricultural machinery, food processing and computers.
Important agricultural products in the country include potatoes, sugar beets, vegetables, milk, fish and egg.
% Of GDP 1994-95 2003-04 2004-05 Agriculture 11.1 6.3 6.2 Industry 35.5 32 33.6 Manufacturing 25.1 19.8 20.8 Services 53.4 61.7 60.3
The value additions made by different sectors as the percentage of the total GDP of the country is as shown in the following table:
Value Added (% of GDP) 2000 2003 2004 Agriculture, value added (% of GDP) 7.9 6.3 6.2 Industry, value added (% of GDP) 30.2 32.0 33.6 Services, etc., value added (% of GDP) 61.8 61.7 60.3
