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Global Supplier to Mobility Industry to Open Shared Service Center in Vilnius | MORE INFO


Lithuania’s Fintech sector grows 45% in 2018 as Google and Revolut awards licences | MORE INFO


Europe and Australia are closer than ever in terms of bilateral, regional and global cooperation | MORE INFO 

From Brexit with love: Lithuania sees its chance | MORE INFO


Lithuania attracts record number of investment projects in 2018 as ecosystem diversifies and matures | MORE INFO


Year 2018 was a record one for the Lithuanian tourism sector.  | MORE INFO


Swiss Mikron Group set to produce automation modules in Lithuania | MORE INFO


Minister of Economy: Lithuania can lead the world in Life Sciences | MORE INFO



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Lithuania at a glance

  • Population 2,8 m   
  • Capital City Vilnius        
  • Currency – Euro since January 2015    
  • 2-3 hours flight from all EU capitals
  • Ease of doing business 14th in the world (Source: World Bank, 2018) 
  • GDP Growth Rate 3.4% (Source: Ministry of Finance of the Republic of Lithuania, 2013) 
  • Inflation 0.4% (Source: Central Bank of the Republic of Lithuania, 2014) 
  • 3 days start up time for new businesses (Source: Centre of Registers, 2018) 
  • 4th lowest corporate profit taxes in the EU (Source: KPMG, 2014)
  • Labour costs 4 times lower than EU average (Source: Eurostat, 2013)
  • 50% of Lithuanians speak at least 2 foreign languages (Source: Invest Lithuania)