Lithuania, with a population of approximately 2.8 million (2023), is a Baltic nation recognized for its rich history and dynamic economy. The economy is characterized by a diverse range of sectors, including services, manufacturing, and agriculture. The services sector, particularly finance, information technology, and tourism, plays a significant role in economic growth, with a burgeoning tech scene that has positioned Lithuania as a startup hub in Europe. The manufacturing sector is also robust, encompassing industries such as machinery, textiles, and food processing. With a GDP estimated at around $60 billion and a per capita income of approximately $22,000 (2023), Lithuania continues to advance towards greater economic stability and integration within the European Union. Its strategic location enhances trade opportunities, connecting Eastern and Western markets.   

The Lithuanian government and business community can collaborate with the World Business Council to promote sustainable innovation, enhance technological development, and strengthen international trade relationships for comprehensive economic growth.