Outsourcing in Lithuania

Overview

Capital: Vilnius

Official EU language(s): Lithuanian

EU member country: since 1 May 2004

Currency: euro. Lithuania joined the euro area on 1 January 2015.

Schengen: Lithuania has been a member of the Schengen area since 21 December 2007.

Figures: Geographical size – population – gross domestic product (GDP) per capita in PPS

Political system

Lithuania operates as a parliamentary republic with a prime minister as the head of government and a president as the head of state, who appoints the prime minister. The Parliament consists of a single-chamber legislative body. The country is divided into 60 municipalities, each with directly-elected mayors.

Trade and economy

In 2020, the key sectors of Lithuania’s economy included wholesale and retail trade, transport, accommodation, and food services (29.9%), industry (20.5%), and public administration, defense, education, human health, and social work activities (16.1%).

Intra-EU trade constitutes 56% of Lithuania’s exports, with significant partners being Latvia (9%), Germany (8%), and Poland (6%). Outside the EU, 13% of exports go to Russia, and 4% each to the United States and the United Kingdom.

Regarding imports, 71% are from EU Member States, with major contributors being Germany and Poland (13%) and Latvia (8%). Outside the EU, 9% of imports come from Russia and 4% from China.

Lithuania in the EU

European Parliament

Lithuania is represented by 11 members in the European Parliament.

Council of the EU

Lithuanian government representatives participate in Council meetings to adopt EU laws and coordinate policies.

Presidency of the Council of the EU

Lithuania held the Presidency of the Council of the EU from July to December 2013.

European Commission

Virginijus Sinkevičius, nominated by Lithuania, serves as the Commissioner responsible for Environment, Oceans, and Fisheries in the European Commission.

European Economic & Social Committee

Lithuania has 9 representatives on the European Economic and Social Committee, providing consultation on proposed laws affecting work and social situations.

European Committee of the Regions

Lithuania has 9 representatives on the European Committee of the Regions, ensuring that regional perspectives are considered in proposed laws.

Permanent representation to the EU

Lithuania communicates with EU institutions through its permanent representation in Brussels, ensuring effective pursuit of the country’s interests and policies within the EU.

Budgets and Funding

Lithuania’s contributions to the EU budget are determined fairly based on its economic means, supporting various programs and projects across EU countries. The EU budget prioritizes the needs of Europeans as a whole.