What is the main income of Lithuania?

What is the main income of Lithuania?

According to the Observatory of Economic Complexity, refined petroleum is Lithuania’s leading export. In 2012 it accounted for 22.93% of exports, followed by fertilizer, which accounted for 3%. Wheat, polyacetals and chemicals are other major exports.

How much is Lithuania in debt?

In 2019, the national debt of Lithuania amounted to around 21.34 billion U.S. dollars.

Which Baltic country is the richest?

Estonia
“Baltic Tiger” is a term used to refer to Estonia in particular, as the richest and best developed country among the three Baltic States. According to data of the International Monetary Fund from 2016, Estonia has the highest Gross Domestic Product per capita (nominal) among them.

Why is Estonia’s debt so low?

The 2019 net debt-to-GDP ratio of Estonia was -2.1%. That means that the Estonian government has more assets than debts. Among the OECD countries, Estonia’s gross government debt is the lowest. One reason for this is a government policy of paying back any borrowings as quickly as possible.

What is Lithuania known for economically?

The economy of Lithuania is the largest economy among the three Baltic states. Lithuania is a member of the European Union and its GDP per capita is the highest in the Baltic states. Lithuania belongs to the group of very high human development countries and is a member of WTO and OECD.

Is Lithuania good place to live?

The quality of life is high Lithuania earns high marks for quality of life. It’s been ranked first in the CEE region (Central and Eastern Europe) in the Green City Index and is also known for its world-class health infrastructure and level of safety.

Were there witches in Lithuania?

About several hundred cases have survived as testimony of voodoo, witchcraft spells, witch trials and subsequent sentences. In Lithuania, witch processes started in the 16th century.