Motor vehicles: turnover 2013-2020

In 2020, the turnover of the motor vehicles manufacturing industry in Lithuania decreased by 10.2 million euros (-33.55 percent) since 2019. Nevertheless, the last two years in this industry recorded a significant higher turnover than the preceding years.
Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.

Annual turnover of the motor vehicles sector in Lithuania from 2013 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020	20.2
2019	30.4
2018b	34.4
2017	26
2016	26.5
2015	20.3
2014	17.6
2013	12.8

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Release date

March 2023

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Region

Lithuania

Survey time period

2013 to 2020

Supplementary notes

b: Break in time series.
The source adds the following information: 'Turnover corresponds to market sales of goods or services supplied to third parties, it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced to its customer, it also includes all other charges - transport, packaging, etc.'
Data coverage corresponds to Section C291 of NACE Rev2.

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