The Official Development Agency of the City of Vilnius

Economic Overview

Compact, yet cosmopolitan. Relaxed, yet driven. Vilnius is a city built for business. In Vilnius you will find everything you need to take your business to the next level.

An ambitious talent pool that's young and internationally focused, an infrastructure primed to ger you up and running with the least amount of fuss, and a local and national government that's on hand to support you.
11th globally

For Ease of Doing Business

Source: World bank, 2020

11th globally

For economic freedom

Source: Frasier institute, 2020


Of national GDP is generated in Vilnius

Source: Statistics Lithuania, 2019


Of total national FDI settles in Vilnius

Source: Lithuanian statistics, 2019

4th globally

For attracting projects with high-value jobs

Source: IBM Global location trends, 2019

1/3 residents

Work in foreign capital companies

Source: Lithuanian Statistics, 2018


Mid-Sized Global City of the Future

Source: fDi Intelligence, 2021


Smart Location of the Future FDI Strategy

Source: Financial Times, 2019


Business Friendly Mid/Small-sized City

Source: fDi Intelligence, 2021

Stable and western oriented political environment and economy

Member of EU since 2004
Member of NATO since 2004
Member of Eurozone since 2015
Member of OECD since 2018


Vilnius is the economic heart of Lithuania. It is the largest contributor to national GDP in the country.

Vilnius region generates 42.4% of the national GDP.

Vilnius’s economy is continually growing (GDP generated in Vilnius region):

2016: 15 800 mln. | 2017: 17 200 mln. | 2018: 18 900 mln. | 2019: 20 600 mln.

Source: Statistics Lithuania, 2019

Vilnius is globally
recognized as an attractive destination for foreign direct investment. FDI to Vilnius region amounts to 72% of total FDI in Lithuania:

2016: 9 900 mln. | 2017: 10 500 mln. | 2018: 11 900 mln. | 2019: 12 700 mln. 

Source: Statistics Lithuania, 2019

Sectors with the largest growth potential in Vilnius are IT, fintech, global business services and high-tech manufacturing. You can find more information about them by clicking here.


City population: 655 918 | Metropolitan area: 829 759  

Source: Statistics Lithuania, 2021 Q1

A steadily growing city: 

20180,4%  |  2019: 0,8% | 2020: 1,4 % | 2021: 1% 

Source: Statistics Lithuania, 2021

Vilnius' population ranks as one of Europe’s youngest. More than half of residents are younger than 40:

0-14: 17%  |  15-39: 35%  |  40-64: 32%  |  65+: 16%

Source: Eurostat, 2018

The workforce is continually growing (

2016: 441,2  |  2017: 451,3  |  2018: 463,6  |  2019: 462,9  |  2020: 471,5 

Source: Statistics Lithuania, 2021


  • Lithuania is among the top 3 EU countries where all individuals aged 16-29 with tertiary education have above basic digital skills. (Source: Eurostat, 2017)
  • Top 1 among countries in the EU based on the share of the active population with tertiary education (ISCED). (Source: Eurostat, 2018)
  • First in CEE based on the share of population with tertiary education (ISCED) employed in science and technology. (Source: Eurostat, 2018)
  • 85% of young professionals in Vilnius speak English. (Source: Invest Lithuania, 2018)

More Information

More Information

Costs and Taxation
Costs and Taxation

A great quality to cost ratio for your business growth.

Key Sectors
Key Sectors

Vilnius – a go to destination for a new results.

Setting Up a Businesss
Setting Up a Businesss

Want to grow your business, choose Vilnius!

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