Source
Central bank

Bank of Lithuania

International Reserves

USD 5.8 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 62.64 billion (2021 estimate)
IMF - World Economic Outlook, October 2021

GDP (Purchasing Power Parity)

USD 117.63 billion (2021 estimate)
IMF - World Economic Outlook, October 2021

Real GDP growth
2017 2018 2019 2020* 2021*
4.3% 3.9% 4.3% –0.9% 4.7%

*Estimate

GDP per capita - current prices

USD 22,411.65 (2021 estimate)
IMF - World Economic Outlook, October 2021

GDP per capita - PPP

USD 42,091.31 (2021 estimate)
IMF - World Economic Outlook, October 2021

GDP (PPP) - share of world total
0.08% (2021 estimate)
 
 
Source
GDP - composition by sector
  • agriculture: 3.3% 
  • industry: 24.9% 
  • services: 61.5%

(2018 estimate)

Gross domestic expenditure on R&D; (% of GDP)

1.0% (2019)

Inflation
2017 2018 2019 2020* 2021*
3.7% 2.5% 2.2% 1.1% 3%

*Estimate

Unemployment rate
2017 2018 2019 2020* 2021*
7.1% 6.1% 6.3% 8.5% 6.5%

*Estimate

Household saving rates

1.0% (2019)

 

Public debt (General government gross debt as a % of GDP)
2017 2018 2019 2020* 2021*
39.3% 33.7% 35.9% 47.1% 47.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2017 2018 2019 2020* 2021*
1.6% 1.5% 1.1% –6.8% –4.9%

*Estimate

Government bond ratings

Standard & Poor's: A+

Moody's: A2

Standard & Poor's / Moody's 

Market value of publicly traded shares
N/A
Largest companies

N/A

 
 
Source
Current account balance

USD 4.2 billion (2021 estimate)
IMF - World Economic Outlook, October 2021

Current account balance by percentage of GDP

6.7% (2021 estimate)
IMF - World Economic Outlook, October 2021

Exports as percent of GDP (Exports of goods and services)

73.5% (2020)
World Bank - World Development Indicators (updated Feb 2022)

Shares in world total merchandising export

0.19% (2020)

Shares in world total commercial services export

0.2% (2020)

Total exports

USD 41.4 billion (2020 estimate)

Export commodities

Refined petroleum, furniture, cigarettes, wheat, polyethylene (2019)

Total imports

USD 36 billion (2020 estimate)

 
 
Source
Import commodities

Crude petroleum, cars, packaged medicines, refined petroleum, electricity (2019)

Exports - major partners

Poland 12%, Russia 12%, Germany 12%, Latvia 7%, Netherlands 5% (2019)

Imports - major partners

Poland 12%, Russia 12%, Germany 12%, Latvia 7%, Netherlands 5% (2019)

FDI inflows
2019 2020 2021
USD 977 million USD 1.2 billion USD 479 million
FDI outflows
2019 2020 2021
USD 704 million USD 143 million USD –285 million
Value of cross-border M&A, by country of purchaser
2018 2019 2020 2021
USD 16 million USD 143 million N/A USD 32 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

11 out of 190 countries

​Subcategories:

Starting a Business: 34 out of 190 countries
Dealing with Construction Permits: 10 out of 190 countries
Getting Electricity: 15 out of 190 countries
Registering Property: 4 out of 190 countries
Getting Credit: 48 out of 190 countries
Protecting Minority Investors: 37 out of 190 countries
Paying Taxes: 18 out of 190 countries
Trading across Borders: 19 out of 190 countries
Enforcing Contracts: 7 out of 190 countries
Resolving Insolvency: 89 out of 190 countries

World Bank - Doing Business 2020

Global competitiveness ranking

18 out of 141 (2019)
World Economic Forum / Global competitiveness ranking

Index of Economic Freedom

Ranking: 17 / Score: 75.8 (Mostly Free)
The Heritage Foundation - 2022 Index of Economic Freedom

 
 
Source
Time zone

UTC+2

Total area

65,300 sq km

Capital

Vilnius 

Currency

Litai (LTL)

Government type

Semi-presidential republic

Languages

Lithuanian (official) 82%, Russian 8%, Polish 5.6%, other 0.9%, unspecified 3.5% (2011 est.)

Religions

Roman Catholic 77.2%, Russian Orthodox 4.1%, Old Believer 0.8%, Evangelical Lutheran 0.6%, Evangelical Reformist 0.2%, other (including Sunni Muslim, Jewish, Greek Catholic, and Karaite) 0.8%, none 6.1%, unspecified 10.1% (2011 est.)

Total population
1990 2000 2010 2015 2020
3.7 million 3.5 million 3.1 million 2.9 million 2.8 million
 
 
Source
Urban population as % of total population
1960 1980 2000 2020
39.5% 61.2% 67% 68%
Population median age

44.5 years 

Population growth rate

-1.04% (2022 estimate)

Life expectancy

75.8 years (2022 est.)

Literacy

Total population: 99.8%
Male: 99.8%

Female: 99.8% (2015)

Definition: age 15 and over can read and write 

% of population living on less than $3.10 a day

0.7% (last available estimate, 2019)

Inequality of wealth distribution (Gini index)

35.3 (last available estimate, 2019)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Total score: 89/100

Status: Free

Political Rights: 38/40

Civil Liberties: 51/60 (2022)

Source
Total telephone subscribers as % of population

Fixed: 11.8%

Mobile: 134.9% (2020)

(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

79.72 % (2018)

Mercer Cost of living index

N/A

CO2 emissions

4.1 metric tons per capita (2018)

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