PrintSpausdinti
 

Facts about Lithuania

 

Lithuania is a country in Northern Europe, the largest of the three Baltic States.
Population – 2,89 mln.

 

The largest cities of Lithuania:

Surface area – 65 300 sq km.

 

The national currency is euro.

 

The official language is Lithuanian.

 

30% of the Lithuanian population holds higher education degrees (the EU average is 24%).

 

Lithuanians are a multi-lingual nation:

 

Member of:


Lithuanian banking sector is dominated by the Scandinavian banks:

The most popular form of doing business in Lithuania is through a private limited liability company (UAB).

 

Lithuania has the largest Information and Communication Technology industry in the Baltic States. 14 out of the 20 largest IT services companies in the Baltic States are based in Lithuania.

 

The most important foreign trade partners (in 2015*):

 

There are two Free Economic Zones in Lithuania:

In these zones there are:

 

Economic figures of the Year 2015

 

 

GDP     37.19 bln. €*



Real GDP growth
1     1.6%*



GDP per capita    
12 867 €*


 

Inflation    – 0.1%


 

Unemployment     8.7%


 

Average net monthly earnings     553 €*


 

Public debt 2     16.67 bln. €*


 

Government bond ratings     Standart & Poor’s: A-/Stable  (08.02.2016)


 

 

* Estimate

 

1  Growth, as compared to corresponding period of previous year
2  General government gross debt