Lithuania overview

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In Lithuania we focus on:

Supporting investments in renewable energy and energy efficiency. The EBRD continues to focus on promoting and financing new renewable energy generation and improving energy efficiency particularly in municipal and industrial sectors.

Improving the competitiveness of the export sector. The EBRD is promoting cross-border investments by Lithuanian companies elsewhere in our region and supports export-oriented enterprises with a focus on investments in advanced technologies. Investments in regional equity or mezzanine funds are also being considered.

Support strengthening of local banks. The EBRD is supporting the local banking sector, focussing on strengthening sector stability and promoting consolidation.

Policy dialogue. We are conducting policy dialogue with the Lithuanian authorities to support improvements in corporate governance in the financial and public sectors.

As well as being a country where the EBRD works, Lithuania is also an EBRD donor. Lithuania remains a supporter of the Eastern Europe Energy Efficiency and Environment Partnership Fund, having contributed €134,322 for activitie in ArmeniaGeorgiaMoldova and Ukraine.

The EBRD’s latest strategy for Lithuania was adopted on 10 February 2016.

Lithuania 's policy response to the coronavirus crisis

The EBRD is monitoring Lithuania 's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

Learn more

EBRD forecast for Lithuania’s real GDP growth in 2021 4.0%

Lithuania has proved to be one of the most resilient countries in the region, despite the fact that services strongly impacted by social distancing such as retail trade, transport, accommodation and catering, account for a relatively large share of output (32 per cent of GDP). In the first half of 2020, the economy contracted by just 0.6 per cent year-on-year. Thanks to a short lockdown and robust wage growth in the first quarter of 2020, consumers were able to return to spending levels of 2019 already by June.

Lithuania in the EBRD’s 2020-21 Transition Report

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