Country explorer: Lithuania

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Overview

Lithuania is a Baltic, high-income country in Europe with a small population. Its economy has grown very rapidly in recent decades, and is based on technology, agriculture and manufacturing.

Lithuania is a Baltic country known for its rich cultural heritage and stunning natural landscapes.

Economy

Lithuania has undergone significant economic development, marked by notable growth in GDP per capita, shifts in poverty distribution emphasizing a decrease in people living under various poverty thresholds, a generally declining unemployment rate reflective of labor market improvements, and managed inflation levels that indicate a stabilizing economy, common trends among emerging European economies post-transition period.

Demographics

Lithuania has experienced a notable decline in population due to negative net migration and low fertility rates, alongside improvements in life expectancy, trends that align with broader demographic shifts observed in other high-income countries.

Basic needs

Lithuania has consistently provided nearly universal access to clean fuels, electricity, and safely managed water and sanitation facilities, reflecting significant infrastructural and societal advancements akin to those observed in high-income countries.

Human development

Lithuania has demonstrated significant progress in human development, exemplified by improvements in the Human Development Index, reduction in child mortality rates, maintenance of a high literacy rate, and advancement in learning-adjusted years of schooling, aligning its growth closely with other high-income countries and reflecting a broader societal transformation towards enhanced well-being and education.

Environment & energy

Lithuania has experienced robust environmental and energy transitions, notably through significant increases in renewable energy production and forest area, while maintaining a relatively consistent per capita water resource availability and demonstrating a reduction in per capita CO₂ emissions, underscoring its commitment to sustainable development and environmental preservation, in line with trends observed in other high-income countries.

Technology & innovation

Lithuania has made significant strides in technology and innovation, reflected through a substantial increase in internet usage, mobile phone subscriptions, and research and development spending, positioning it as a rapidly evolving digital economy in the European context.

Culture & society

Lithuania has undergone a transformative journey marked by a decreasing gender inequality index, indicating progress towards gender equality, alongside an increasing age dependency ratio reflecting demographic shifts towards an older population, both trends showing a nuanced blend of progress and challenge similar to its European peers.

Governance

Lithuania has shown a sustained improvement in governance indicators such as the rule of law, corruption perception, political civil liberties, and press freedom, marking its progression towards greater transparency, legal integrity, and freedom of expression, aligning with trends observed in high-income and similar transitioning countries.

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