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Lithuania

Republic of Lithuania

2.8 million
65,301 km2
Polish, Russian,
Christianity

The state has a stable market economy and belongs to politically stable countries. The share of educated people in the republic is high, but the labor force is cheap compared to other European countries. These indicators may be interesting for entrepreneurs who plan to open their own IT startup, fintech company or other company related to the creation of high-tech products.

Happiness level
86
Happiness level
86

In terms of happiness, Lithuania ranks 20 out of 136 countries in the World Happiness Report 2024. The indicator takes into account GDP per capita, life expectancy, sense of security, and public opinion survey results from residents of the countries.

Health index
83
Health index
83

Based on the Numbeo Health Index derived from user experience. In the 2024 ranking, Lithuania is in 17 place according to this indicator among 94 countries. The index evaluates the quality, cost, accessibility of medical services, and the level of staff qualifications.

The cleanest air
62
The cleanest air
62

Air cleanliness reflects the environmental situation in the region. This factor is crucial. Lithuania is ranked 48 among 125 countries based on the results of 2024.

Security of countries
75
Security of countries
75

The indicator is calculated based on the country safety rating from the Numbeo service. Lithuania ranks 37 out of 146 in terms of safety according to a survey of real travelers who visited the country in 2024.

Life expectancy 73.7 years
74
Life expectancy
74

Lithuania ranks 112 out of 235 countries in the world for life expectancy. This is a crucial indicator that has been evaluated by the United Nations since 1980.

Level of human freedom
90
Level of human freedom
90

Lithuania ranks 17 out of 164 countries in the Human Freedom Index 2024 by the American Cato Institute and the Canadian Fraser Institute. The ranking evaluates personal, civil, and economic freedom in different countries based on 86 indicators.

The cost of living 48.9 USD
36
The cost of living
36

The cost of living assessment in Lithuania, according to the Numbeo Index 2024, includes not only the cost of groceries, restaurants, and housing rent but also the purchasing power index. The indicator is conditional, as it is most often directly related to the income level of the population.

Unemployment rate 5.6 percent
52
Unemployment rate
52

The unemployment rate and the assessment of Lithuania according to this indicator are based on data from the International Labour Organization from 2024. According to this indicator, the country ranks 90 out of 186 countries in the world.

Level of social progress
83
Level of social progress
83

The Social Progress Index assesses countries' achievements across 50 different indicators, and Lithuania ranks 29 out of 168 countries in this rating for the year 2024.

Quality of citizenship
77
Quality of citizenship
77

The Citizenship Quality Ranking considers freedom of movement, human development index, GDP indicators, and openness to residency. Lithuania ranks 26 out of 201 countries based on these criteria as of 2024.

Literacy rate
100
Literacy rate
100

Literacy rate directly influences the development of any country. Therefore, this indicator provides an understanding of the average level of education among citizens. Lithuania ranks 1 out of 178 in terms of literacy rate.

Internet speed 83.47 Mbps
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Internet speed
81

Internet speed indicates the level of technological development in the country, accessibility of information, and service quality. Lithuania ranks 31 in the list of countries based on this indicator.

Mobile data price 1.26 USD
51
Mobile data price
51

The cost of mobile internet reflects its accessibility. When considering this indicator alongside internet speed, we can judge the quality of access to information. In 2024, Lithuania ranks 115 out of 236 in this regard.

English proficiency level
83
English proficiency level
83

An indicator that gives an understanding of how comfortable you will feel in a country if you are unfamiliar with the local language but proficient in English. According to this indicator, Lithuania ranks 21 in the world.

The first country in terms of area and population in Northern Europe, where about 3 million people live. Lithuania has access to the Baltic Sea, its neighbors are Latvia, the Republic of Belarus, Poland and the Kaliningrad region of the Russian Federation.

The Grand Duchy of Lithuania, which is considered the ancestor of the modern republic, was founded in the XIII century. Later it merged with Poland and became part of the Russian Empire.

In 1940, at the end of a relatively short period of political independence gained after the civil war, the country became part of the USSR. During the Second World War, Nazi troops seized power in the republic and maintained political dominance until the year 45. Lithuania once again became an independent country after the collapse of the Soviet Union, successfully transitioned to a market economy and a democratic political system. In 2024, it is part of the EU and the Schengen area, and is a member of the European Union's single market.

Climatic conditions

Most of the republic is plains. Half of the total area is occupied by fields and meadows, and another third is forests. The Neman and Vilia Rivers pass through Lithuania, and there are lakes Druksiai, Tauragnas, and Asweya on the territory. The predominantly flat area contributes to the production of agricultural goods and food products, which account for 18% of export revenues. A significant amount of forests allows the country to earn money from the export of lumber and furniture.

The Lithuanian climate is a mixture of marine and continental. Winters are relatively warm: almost all days the temperature does not drop below -5°C. Summers are moderately cool with an average temperature of +16°C.

Demographics

The 2021 census showed that 2,89 million people live in the state. Of these, 84,6% are ethnic Lithuanians. Poles are in second place in terms of numbers, and Russians are in third place. Belarusians and Ukrainians are in the minority.

Residents of the Republic of Lithuania speak mainly Lithuanian. 60% of the residents speak Russian fluently, 31% speak English. The already mentioned census of 2021 showed that two thirds of Lithuanians speak at least one foreign language. Representatives of national minorities are bilinguals and have been speaking both their native and State languages since childhood.

Please note!

Many Lithuanians speak Russian in everyday situations and study English at school. To stay permanently and open a business with an eye to the European market, you must be fluent in English or other common European languages: German, French. 

The Republic of Lithuania is a secular country, 74% of its inhabitants identify themselves as Catholic Christians. 6% of the country is non-religious.

The average life expectancy in Lithuania, according to WHO, is 76 years. The average man lives 71 years, and a woman lives 80,4 years. According to this indicator, the republic ranks 65th in the global ranking.

Economy

The state has a stable market economy and belongs to politically stable countries. The share of educated people in the republic is high, but the labor force is cheap compared to other European countries. These indicators may be interesting for entrepreneurs who plan to open their own IT startup, fintech company or other company related to the creation of high-tech products.

Lithuania exports agricultural and food products, chemicals, plastics, machinery and industrial machines, mineral fertilizers, lumber and furniture across the EU and to other countries.

The republic's GDP per capita is $47,107. Among the Baltic countries, Lithuania ranks first in this indicator. The annual inflation rate is estimated to be low and is 2,3%.

Among the economic problems of the state, it is worth noting

A small number of mineral deposits, the outflow of able-bodied residents to other EU countries and an increase in the number of people of retirement age.  

Freedom of movement

In 2024, Lithuania's passport ranks 9th in the global ranking. Citizens of this republic have the right to come to 185 countries without first requesting an entry permit. In 20 countries, Lithuanians need a visa on arrival or an electronic visit permit. The limitation of the length of stay is determined by specific States.

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