Production value of ICT services in Lithuania 2012-2021
In 2021, the production value of the ICT services industry in Lithuania increased by 737.4 million euros (+22.96 percent) since 2020. With 3.9 billion euros, the production value thereby reached its highest value in the observed period. Notably, the production value in this industry continuously increased over the last years.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the ICT services industry in Lithuania with key insights such as turnover, personnel costs, and number of employees.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the ICT services industry in Lithuania with key insights such as turnover, personnel costs, and number of employees.
