The current median age as of 2018 is calculated at 43.7 years of age.
Lithuania has a fairly homogeneous population with no apparent genetic differences between subgroups of ethnicities.
The most valuable natural resource in the country is subterranean water, which constitutes more than half of the total value of natural resources.
[112] The government spending on road infrastructure exceeded €0.5 billion in 2008. Since 27 February 2008 the Vilnius Stock Exchange has been a member of NASDAQ OMX Group, which is the world's largest exchange company across six continents, with over 3,800 listed companies. [34] On average, more than 95% of all foreign direct investment in Lithuania comes from European Union countries. [92] The loan-to-GDP ratio was 64%. Bank of Lithuania has also developed LBChain which is the world's first blockchain-based sandbox developed by a financial market regulator, combining technological and regulatory infrastructures. [75] In 2019, Lithuania was 16th in Top 20 European FDI destination countries list, created by the Ernst & Young.[76]. The stable currency rate helped to establish foreign economic relations, therefore leading[citation needed] to a constant growth of foreign trade. [43] Land and the most important objects for the economy were nationalized, and most of the farms collectivized. My Cart Lithuania is a member of the European Union and its GDP per capita is the highest in the Baltic states.
The country was among the hardest hit by the global financial crisis in 2008, the GDP contracted by 14.8 percent in 2009.
[46], Reforms since the mid-1990s led to an open and rapidly growing economy. Average annual growth rate of urban population (%), 2012-2030-0.1. The utilities sector accounts for more than 3% of gross value added in Lithuania. Retrieved 17 October 2009. Via Baltica highway passes through Kaunas, while membership in the Schengen Agreement allows for smooth border crossing to Poland and Latvia. Consolidation of the Lithuanian lands began in the late 12th century. ", "Lithuanian Energy plans to set up industrial park at Kruonis plant", "Questions and answers on the synchronisation of the Baltic States' electricity networks with the continental European network (CEN)", "Marvelės uostą pasiekė pirmasis krovinys! ", IMF, Lithuania: Growth rate of the real gross domestic product (GDP) from 2009 to 2021 (compared to the previous year) Statista, https://www.statista.com/statistics/375254/gross-domestic-product-gdp-growth-rate-in-lithuania/ (last visited September 25, 2020), We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. One of the leaders of cellular IoT gateways producers in Europe – UAB Teltonika. About
Corporate solution including all features. UN World Population Prospects (2019 Revision). Lithuania's population is currently in decline, losing about 1.5% of its population per year.The country has now reached its lowest population in decades as more people emigrate to wealthier west European countries, particularly the United Kingdom.In 1989, the year it declared independence from the Soviet Union, Lithuania had a population of 3.67 million, which has now declined to 2.9 million. Please authenticate by going to "My account" → "Administration". Direct access to our calendar releases and historical data. The population growth rate is minus 0.50% (15,000 residents, including 40,778 deaths). [82] The share of tertiary-educated 25–64-year-olds in STEM (Science, technology, engineering, and mathematics) fields in Lithuania were above the OECD average (29% and 26% respectively), similarly to business, administration and law (25% and 23% respectively).
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