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Country data

Population:
3.3 million
Area:
65,300 sq km
Capital:
Vilnius
Currency:
Litas

Key developments and challenges

  • Following a change in administration at the end of 2012, the authorities have placed a strong emphasis on social policies and reducing income inequality.
  • A mid-sized domestic bank, Ukio Banka, failed in February 2013. While financial and macroeconomic stability was not jeopardised, this corporate failure once again highlighted the need for far more stringent regulation and supervision of the remaining domestically owned banks.
  • Voters rejected plans for the construction of a nuclear power plant. The plant would have served the Baltic region but, although the referendum of October 2012 was non-binding, the result is likely to be followed by the new government.

Lithuania in the 2013 Transition Report

Building in Lithuania

Our work in Lithuania

Our activities in Lithuania range from supporting the financial sector to helping ensure energy security.

Lithuania

Key facts about the EBRD's work in Lithuania

No. of projects

76

Net EBRD investment

€623 million

Gross disbursements

€608 million

Portfolio in private sector

86%

 

Last updated 30 June 2014

View factsheet


Our strategy in Lithuania

As Lithuania is an advanced transition country, the EBRD’s activities at present are limited and will remain focused on a small number of priorities, in line with the expected graduation of the country by the end of the current EBRD medium term strategy period in 2015.

Read strategy

CONTACTS

Šeimyniškiu 1A
4th Floor
LT-2600 Vilnius
Lithuania
Tel: +370 52 638480
Fax:+370 52 638481