Lithuania: Chemicals (% of value added in manufacturing)

Key figures

What the numbers say

In 2023, Lithuania's chemicals (% of value added in manufacturing) fell 5.46 percentage points on 2022 (from 12.22% to 6.77%).

Across the 22 yearly changes before that (2001 to 2022), the average change was +0.44 percentage points and a typical year strayed about 2.94 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 5.44 percentage points in 2010 and the biggest yearly fall was 5.46 percentage points in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 9% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Lithuania had the 38th highest value of the 60 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Lithuania in the 2023 ranking

• Tunisia — 35th of 60: 7.29%
• Rwanda — 36th of 60: 7.14%
• Uzbekistan — 37th of 60: 6.81%
• Croatia — 39th of 60: 6.74%
• Czechia — 40th of 60: 6.6%
• Kazakhstan — 41st of 60: 6.5%

What this measures

Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).

Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

All 24 values

Chemicals (% of value added in manufacturing) in nearby economies

• Albania — 2.25% (2023)
• Armenia — 2.27% (2023)
• Austria — 9.43% (2021)
• Azerbaijan — 10.04% (2023)
• Belarus — 2.68% (2022)
• Belgium — 33.28% (2023)
• Bosnia and Herzegovina — 7.78% (2023)
• Bulgaria — 5.37% (2023)
• Croatia — 6.74% (2023)
• Cyprus — 12.23% (2023)

More economic policy & debt data for Lithuania

• Adjusted savings, education expenditure (% of GNI) — 3.88% (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Net financial flows, IBRD (NFL, current US$) — US$0 (2016)
• GDP (current LCU) — 84.26 billion (2025)
• GDP, linked series (current LCU) — 84.26 billion (2025)
• GDP (constant 2015 US$) — US$57.09 billion (2025)
• GDP (constant LCU) — 58.54 billion (2025)
• GDP, PPP (current international $) — 164.19 billion (2025)
• GDP, PPP (constant 2021 international $) — 141.09 billion (2025)
• GDP per capita (current LCU) — 29,167 (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Lithuania's chemicals (% of value added in manufacturing)?

6.77% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 4.18 percentage points from 2.58% in 2000. The highest value was 16.69% in 2021 and the lowest 2.58% in 2000.

How does Lithuania rank?

38th highest of 60 economies with data for 2023.

Is the latest change in chemicals (% of value added in manufacturing) unusual for Lithuania?

In 2023, Lithuania's chemicals (% of value added in manufacturing) fell 5.46 percentage points on 2022 (from 12.22% to 6.77%). Across the 22 yearly changes before that (2001 to 2022), the average change was +0.44 percentage points and a typical year strayed about 2.94 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NV.MNF.CHEM.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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