World Business Center



LITHUANIA

Chair

Lithuania, with a population of approximately 2.8 million (2023), is a Baltic nation recognized for its rich history and dynamic economy. The economy is characterized by a diverse range of sectors, including services, manufacturing, and agriculture. The services sector, particularly finance, information technology, and tourism, plays a significant role in economic growth, with a burgeoning tech scene that has positioned Lithuania as a startup hub in Europe. With a GDP estimated at around $60 billion and a per capita income of approximately $22,000 (2023), Lithuania continues to advance towards greater economic stability and integration within the European Union. Its strategic location enhances trade opportunities, connecting Eastern and Western markets.   

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