Republic of Lithuania

Capital: Vilnius                HDI: 0.834 (35th)

Language: Lithuanian

GDP (PPP): $79.63 billion

Currency: Euro

Population: ~ 2.9 million

Lithuania is the largest of the Baltic nations, both in terms of population and economic size. Lithuania has been focused on becoming a knowledge based economy, and has developed a vibrant biotechnology industry. The nation also has one of the highest human development ratings of a former constituent soviet nation. Ranked within the top 20 countries in the Index of Economic Freedom, the country has successfully transitioned from a restrictive centrally planned economy. A huge draw for foreign investors is the flat tax of 15%, two free economic zones, highly educated workforce, and a reliable infrastructure.





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