States
Lithuania
Profile
Lithuania, situated in the Baltic region of Europe, is a country known for its rich history, cultural heritage, and natural beauty. With a population of around 2.7 million, it is one of the three Baltic states.
Lithuania has a diverse landscape that includes forests, lakes, rivers, and a scenic coastline along the Baltic Sea. It is renowned for its charming old towns, medieval castles, and well-preserved architecture, attracting tourists from around the world.
The country has a proud cultural heritage, with a strong emphasis on music, literature, and folklore. Traditional festivals and celebrations are an important part of Lithuanian culture, showcasing its vibrant traditions and customs.
Lithuania has made significant progress since gaining independence in 1990, transitioning to a market economy and joining the European Union in 2004. It has developed a robust education system, technological infrastructure, and a growing entrepreneurial ecosystem.
Despite its achievements, Lithuania faces challenges such as emigration, regional disparities, and demographic changes. The government is committed to addressing these issues and promoting sustainable economic growth and social well-being for its citizens.
In summary, Lithuania is a country with a rich cultural heritage, picturesque landscapes, and a promising future. Its historical significance, natural wonders, and vibrant cultural scene make it an attractive destination for visitors and a place of pride for its people.
Trading Partners (2022 Data)
- Imports from:
- Germany $ 6.5 B USD
- Poland $ 6.4 B USD
- Latvia $ 4.3 B USD
- United States $ 4.1 B USD
- Sweden $ 2.9 B USD
- Russia $ 2.8 B USD
- Norway $ 2.7 B USD
- Netherlands $ 2.5 B USD
- Saudi Arabia $ 2.2 B USD
- China $ 2.1 B USD
- Exports to:
- Latvia $ 6.8 B USD
- Poland $ 4.2 B USD
- Germany $ 3.7 B USD
- Russia $ 2.9 B USD
- Estonia $ 2.7 B USD
- Netherlands $ 2.5 B USD
- United States $ 2.5 B USD
- Sweden $ 1.9 B USD
- Estonia $ 1.8 B USD
- United Kingdom $ 1.6 B USD
Company Actions (12 Companies)
Policy:
Progress:
| Exit Completed | 50.0 % |
| Restricting Capital Access | 8.3 % |
| Scaling Back Operations | 8.3 % |
| Divesting | 8.3 % |
| Suspended All Operations | 8.3 % |
| New Business Halt | 16.7 % |
Statistical Data
- Population: 2,722,289
- GDP: $ 66.5 B USD
- Land Area:62,674 km2
- Population Density:43 per km2
Sanctions
Sanctions against Lithuania
Sanctioned by Lithuania
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