VILNIUS — Lithuania’s gross domestic product (GDP) in the second quarter of the year has been revised to a -20.2 percent drop year-on-year instead of the initial estimate of -22.4 percent.

Lithuanian GDP growth from 2002 to 2009. Source: Statistics Lithuania.

There has been an estimated 1.8 percent rise in GDP against the first quarter of 2009, leading Prime Minister Andrius Kubilius to state earlier this month that the bottom of the crisis had been reached.

Statistics Lithuania said the revised number comes on the back of fresher figures from June in labor statistics and the construction, transport and service sectors.

Nobody’s uncorking champagne bottles over the news, though, as the revised figure still leaves Lithuania as the hardest-hit economy in the European Union.

The freefall of the economy has been attributed to widespread decreases in business activity. Year-on-year construction activity has fallen 46.1 percent, industry and energy at 25.3 percent, trade, transport and communication at 21.4 percent and financial intermediation, real estate and other business at 17.8 percent.

Lietuvos Bankas, the country’s central bank said it expects GDP to shrink by 19.3 percent this year.