Although Lithuania enjoys economic freedom and solid state finances, relations with neighbours have worsened and add to uncertainty. The economy has been hindered by the highest inflation rate in the eurozone and output growth could enter negative territory in 2023. A strong rise in incomes will help to support the consumer market, but the population is shrinking and large refugee numbers pose challenges. Innovation is helping to boost e-governance and e-banking capabilities are substantial.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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