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The most important sectors of Lithuania’s economy in 2018 were wholesale and retail trade, transport, accommodation and food services (32.2%), industry (21.9%) and public administration, defence, education, human health and social work activities (14.3%). Currency: EURO GDP Per Capita: 19,455.5 USD (2019) GDP Growth Rate: 3.9%annual change (2019) Gross Domestic Product: 51,353.60 million (2019) GNI Per Capita: 34,680 PPP dollars (2018)


Foreign Trade

The top export destinations of Lithuania are Russia, Belarus, Latvia, Germany and Poland. The top import origins are Russia, Germany, Poland, Latvia, and the Netherlands. Exports : The top exports of Lithuania are Refined Petroleum($4.25B), Other Furniture ($1.44B), Rolled Tobacco ($920M), Polyacetals ($651M), and Packaged Medicaments ($586M). Imports: The top imports of Lithuania are Crude Petroleum ($3.53B), Cars($1.21B), Packaged Medicaments ($931M), Refined Petroleum($771M), and Tractors ($676M). Lithuania exports mostly to Russia ($4.34B), Latvia ($3.04B), Poland ($2.49B), Germany ($2.35B), and Sweden ($1.55B), and imports mostly from Russia ($4.2B), Germany ($4.01B), Poland ($3.88B), Latvia ($2.25B), and Netherlands ($1.65B).

Finances with European Union

Breakdown of Lithuania’s finances with the EU: Total EU spending in Lithuania : 2.071 billion Total EU spending as %of Lithuanian gross national income (GNI) : 4.80% Total Lithuanian contribution to the EU budget : 0.356 billion Lithuanian contribution to the EU budget as % of its GNI : 0.83%