Lithuania
On this page you will find beneficial information regarding foreign direct investment in / trading with Lithuania. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 2.809 million (2021)
GDP: 66.45 billion USD (2021)
Corporate Tax Rate: 15%
Personal Income Tax Rate: 20% - 32%
Major Exports: Refined Petroleum ($3.17B), Other Furniture ($2.01B), Wheat ($1.27B), Laboratory Reagents ($1.16B), and Rolled Tobacco ($858M), exporting mostly to Russia ($4.14B), Latvia ($3.65B), Germany ($3.27B), Poland ($3.03B), and United States ($2.39B).
Major Imports: Crude Petroleum ($2.93B), Cars ($1.56B), Electricity ($1.55B), Packaged Medicaments ($1.14B), and Broadcasting Equipment ($851M), importing mostly from Poland ($5.28B), Germany ($5.08B), Russia ($4.56B), Latvia ($3.35B), and Netherlands ($2.22B).
Investment Agency: Invest Lithuania
Website: http://www.investlithuania.com/
National Chamber of Commerce: Lithuanian Confederation of Industrialists
Website: https://www.lpk.lt/
Customs Agency: Customs Department of Lithuania
Website: https://www.lrmuitine.lt/
