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The economy of Lithuania is expected to reach $57.3 billion by 2018. Economic growth of the country declined in the wake of economic crisis, but recovered impressively due to factors such as government stimulus packages and export growth. Slow growth rate was mainly caused by service sectors as construction, real estate, and financial intermediaries witnessing low productivity against increasing labor costs. Lithuania is lagging behind Europe’s leading economies in terms of economy size and per capita income.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the economy and presents its findings in “PESTLE Analysis of Lithuania 2013.” This report studies the political, economic, social, technological, and legal dynamics of Lithuania’s economy. The report also presents a SWOT analysis and recent economic policies guiding the country.

The study reveals that Lithuania is extremely dependent on trade with other European countries. Hence, change in the external demand may affect the economic situation. Secondly, the population in Lithuania has been constantly decreasing over the last decade, as young people are emigrating to other countries for jobs and better livelihoods.

Lithuania has potential business opportunities in sectors such as shared services, business process outsourcing, and the chemical and plastics industry. The energy sector is also one of the major investment opportunities in the Lithuanian economy; sectors such as thermal energy and oil have good potential to use available resources.

This report can help the investor understand the strengths, weakness, opportunities, and threats of the Lithuanian economy. Other benefits include recognizing the impact of socio-political-demographical changes on different industries in Lithuania, external economic trends, government policies, as well as technological changes and their effects on different industries. In the current economic scenario, the retail, real estate, and pharmaceutical sectors are likely to be affected.  
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of this report:

  • Trend and forecast for key macroeconomic variables that are useful to make major investment decision
  • Analysis on economic activity, investment environment, and trade structure of the country
  • Major industries in Lithuania and its contribution to GPD
  • Trends in savings, investments, and consumptions
  • Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
  • Analyses on geographical importance and social structure such as labor quality
  • Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Lithuania
  • More than 19 figures/charts and 12 tables are provided in this roughly 65-page report.
Benefits of a Lucintel Report:
Lucintel’s core competency is in market research and management consulting. In the last 14 years, Lucintel has worked on hundreds of market and economic research studies. Lucintel’s market reports offer the following benefits:
  • Enhance your global growth strategy with key economic and potential industry analysis
  • Fine-tune your business expansion planning and market development with analysis of domestic demand analysis and demographics structure analysis
  • Explore business opportunities with the analysis of leading industry, potential sector analysis and by understanding strength,  weakness, opportunity, and threat  of the country
  • Know the business environment of the country using report’s PESTLE analysis and their impact on industry. Also included is Foreign Direct Investment and Trade structure analysis.
Table of Contents

1. Executive Summary    

2. Lithuania’s Political Analysis    
2.1: Structure and stability of government    
2.2: Government policy agenda    
2.2.1: Policy agenda    

3. Lithuania’s Economic Analysis    
3.1: Sectoral contribution to GDP and GDP growth rate    
3.2: Pricing trends - inflation and interest rates    
3.3: Consumption, saving, and investment trends    
3.4: International trade and its contribution to GDP    
3.5: Foreign direct investment by industry
    
4. Lithuania’s Social Analysis    
4.1: Social and demographic analysis    
4.2: Labor market    
4.3: Social development index    

5. Lithuania’s R&D and Technological Factors    
5.1: R&D expenditure in Lithuania    
5.2: Impact of technology in industry    
5.3: Technology policy
    
6. Lithuania’s Legal Analysis    
6.1: Company law    
6.2: Labor law    
6.3: Tax law    
6.4: Recent economic policies    
6.5: Doing business in Lithuania 2013    

7. Lithuania’s Environmental Analysis    
7.1: Environment policy    

8. SWOT Analysis of Lithuania        


List of Figures

Chapter 1. Executive Summary    
Table 1.1: Factors affecting business in Lithuania

Chapter 2. Lithuania’s Political Analysis
Table 2.1: Political factors and its impact on business

Chapter 3. Lithuania’s Economic Analysis
Table 3.1: Economic factors and its impact on business

Chapter 4. Lithuania’s Social Analysis
Table 4.1: Population age structure of Lithuania
Table 4.2: Corruption, GINI, Homicide and Human Development Index
Table 4.3: Social factors and its impact on business

Chapter 5. Lithuania’s R&D and Technological Factors
Table 5.1: Technological factor and its impact on business

Chapter 6. Lithuania’s Legal Analysis    
Table 6.1: Tax rates in Lithuania, 2013
Table 6.2: Indicators for starting business
Table 6.3: Ranking for procedures of starting business
Table 6.4: Legal factors and its impact on business

Chapter 7. Lithuania’s Environmental Analysis
Table 7.1: Environmental factors and its impact on business



List of Tables

Chapter 3. Lithuania’s Economic Analysis
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of real GDP growth rate
Figure 3.4: Trend of per capita income
Figure 3.5: GDP Sectoral contribution
Figure 3.6: Share of different sectors to GDP
Figure 3.7: Leading industries of Lithuania
Figure 3.8: Quarterly trend of inflation and interest rate
Figure 3.9: Annual trend of inflation and interest rate
Figure 3.10: Trend of savings and investments as percentage of GDP
Figure 3.11: Trend of consumption expenditure as percentage of GDP
Figure 3.12: Lithuania’s international trade structure
Figure 3.13: Exports and imports as percentage of GDP
Figure 3.14: FDI inflows by industry

Chapter 4. Lithuania’s Social Analysis
Figure 4.1: Political map of Lithuania
Figure 4.2: Trend of population in Lithuania
Figure 4.3: Population age structure
Figure 4.4: Trend of unemployment rate in Lithuania
    
Chapter 5. Lithuania’s R&D and Technological Factors
Figure 5.1: Trend of R&D expenditure in Lithuania
 
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Full Report: PESTLE Analysis of Lithuania 2013, Full Report $ 750
More than 19 figures/charts and 12 tables are provided in this roughly 65-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.