Economic overview

Lithuania: all you need to know


Part of EU and NATO

Part of EU and NATO

since 2004

Part of Eurozone

Part of the Eurozone

since 2015

Part of OECD

Part of OECD

since 2018

Stable and west oriented government

Stable, west and business oriented government

Globally ranked player

Ease of doing business

14 out of 190 countries evaluated

Ease of Doing Business

Global competitiveness index

40 out of 137 countries evaluated

Global Competitiveness Index

Index of Economic Freedom

13 out of 162 countries evaluated

Economic Freedom of the World

Environmental performance index

29 out of 180 countries evaluated

Environmental Performance Index

Corruption perception index

38 out of 180 countries evaluated

Corruption Perception Index

Ease of paying taxes

18 out of 190 countries evaluated

Paying Taxes Ranking

Real GDP growth

Source: European Economic Forecast. Spring 2018, European Commission & Statistics Lithuania, 2018

Unemployment rate

Source: European Economic Forecast. Spring 2018, European Commission & Statistics Lithuania, 2018

Inflation rate

Source: European Economic Forecast. Spring 2018, European Commission & Statistics Lithuania, 2018

Exports

Source: European Economic Forecast. Spring 2018, European Commission & Statistics Lithuania, 2018

Average hourly wage

Source: Eurostat, 2018

Also see

Start your business

A brief overview on opening a business in Lithuania and the most common types of entities on offer for foreign investors.

Running your business

A brief overview of the business taxes, tax incentives and overhead costs in Lithuania.

Financial incentives

A brief overview of the range of financial incentive options available to foreign investors.

Coming to Lithuania

A brief overview of the visas available and the process of coming to Lithuania to live and work.

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If you have any questions or would like to arrange a meeting with one of our advisors, we are always ready to help

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