Commonly referred to as one of the Baltic states, Lithuania is a member of the European Union and is situated in northeastern Europe, along the Baltic Sea. After they declared independence in 1990 from the Soviet Union, the nation transitioned from a planned to a free market economy, and is now classified as a ‘very high human development’ county.

After recovering from the 2009 financial crisis, the county’s increase in exports, growth in wages, and investment supported Lithuania’s economic growth. In addition, Lithuania started a self-financed liquefied natural gas terminal in 2015, offering the first non-Russian natural gas supply to the Baltic States and thus, greatly reducing the nation’s reliance on Russian gas. Lithuania also has one of the largest fresh groundwater supplies in all of Europe.

With a population of 2.8 million, Lithuania’s ethnic groups include Lithuanian, Polish, Russian, Belarusian, with Lithuanian as the official language. Most Lithuanians are Roman Catholics, with a small percent of Russian Orthodox and Old Believer.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 6.4%
Industry 25.7%
Services 67.9%

Employment Distribution by Education

Age 15+

Less than Basic 0.0%
Basic 3.6%
Intermediate 49.5%
Advanced 46.9%
Level Not Stated 0%

Age 15-24

Less than Basic 0%
Basic 8.4%
Intermediate 66.7%
Advanced 25.0%
Level Not Stated 0%

Age 15-64

Less than Basic 0%
Basic 3.5%
Intermediate 49.3%
Advanced 47.2%
Level Not Stated 0%

Age 25+

Less than Basic 0%
Basic 3.2%
Intermediate 50.7%
Advanced 46.1%
Level Not Stated 0%

Schedule a Demo

In the UAE, as of March 2022, the Ministry of Human Resources & Emiratisation announced that during the month of Ramadan, the private sector's regular working hours are reduced by two hours. #UAE #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

Québec’s National Assembly passes amended Bill 96 to modify the Charter of the French Language #Quebec #GlobalCompliance

In Belgium, the age and seniority tiers for calculating the private sector minimum wage were eliminated, setting a single minimum wage applicable to all private sector workers through 2026. #Belgium #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

As of Feb 2022, The UAE prohibits unlimited, permanent employment agreements. All employment agreements are fixed-term contracts lasting no more than 3 years. Employees currently engaged in unlimited term contracts must be converted to fixed-term contracts by Feb 2023 #UAE #GPS

In Brazil, employment is considered to be generally "at will." Employers and employees can terminate employment agreements without cause if prior notice and severance requirements are observed. #Brazil #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

Load More...