Lithuania keeps its focus high on a landscape of opportunities
Invest Lithuania recently published the most comprehensive insight on business opportunities, from fintech to ICT and manufacturing.
Invest Lithuania recently published the most comprehensive insight on business opportunities, from fintech to ICT and manufacturing.
This year Lithuania will grow by 2% and accelerate to more than 3% in 2025-26 driven by consumption and exports. However, risks arise from demographics and taxation.
Under the Green Corridor initiative for large-scale investments, Rheinmetall will produce tens of thousands of rounds of ammunition per year in Lithuania.
Kaunas aircraft industry thrives with 2 new aircraft maintenance, 4 new routes, and 1,250+ new jobs in the region including pilots, cabin crew, and engineers.
The annual growth of loans and deposits stands at 4.5% and 5.5%, respectively. Households are offered the highest interest rates on deposits of over 2 years
Large-scale manufacturing projects in defense are part of national security, where tax incentives include a 0% corporate income tax for 20 years.
Last February recorded a rise in the surplus balance of services (+31.6% to €790.7 million) and a decline in primary income deficit (-50.6%).
In Lithuania, healthcare professionals have become a rare commodity, whereas liberalization and privatization would allocate accountability more efficiently.
Lithuania’s optimism assumes a rapidly increasing household real income: will wages keep rising faster than prices with no consequences?
With the fall in exports (18.4%) and imports (12.4%) of services, the surplus balance of services decreased by 25.5%.