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Country Commercial Guides
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CHAPTER X: Appendices A -- B Appendix A. Country Data
1. Country Profile
Population: 3.7 million (Jan 1999)
Population growth rate in 1998: -1 percent
Religions: the Roman Catholic religion is dominant. Twenty other religious communities conduct their activities in Lithuania: Evangelic (Lutherans and Reformers), Orthodox believers, Old Believers, Jewish, Buddhists and others.
Government system: Parliamentary Democracy. Lithuania re-adopted its 1922 Constitution in October 1991. According to the Lithuanian Constitution the Seimas (Parliament) approves all Lithuanian laws and is responsible for making strategic decisions on political and economic development of the Republic.
Languages: Lithuanian is the official language; most Lithuanian citizens also speak Russian. English is the most popular Western language. German is also spoken.
Workweek: 40 hours.
Appendix B. Investment Statistics
Key Economic Indicators
(USD Million except where noted)Economic Indicator 1996 1997 1998 Gross Domestic Product (current prices) 7,892 9,585 10,736 GDP per capita in USD 2,127 2,586 2,899 Real GDP Growth (%) 4.7 7.3 5.1 Inflation Rate(%) 13.1 8.4 2.4 Unemployment (%) 6.2 6.7 6.9 (registered) Foreign Exchange 834 813 1,460 Reserves Average Exchange Rate 4.0 4.0 4.0 (Lt/USD) Foreign Debt 1,203 1,403 1,682 TRADE (USD MILLION) Foreign Trade 1996 1997 1998 Total Lit Exports 3,355 3,860 3,710 FOB Total Lit Imports 4,560 5,644 5,793 FOB US Exports to Lit 122 137 165 US Imports from Lit 40 84 105 1996 1997 1998 US Share of Lit 2.1 2.8 3.0 Imports (%) Foreign Trade Balance -1,203 -1,784 -2,083 FDI (cumulative) 700 1,040 1,975 FDI from US (%) na 23 26 TOP TEN FOREIGN INVESTORS IN LITHUANIA Investor Country Lithuanian Co Sector Value USD Mill Amber Swe/Fin Lietuvos telecom 510 Consortium Telekomas Williams USA Mazeikiu Nafta petroleum 150 International Telia/Sonera Swe/Fin Omnitel telecom 66 Philip Morris USA Philip Morris tobacco 60 Lietuva products SEB Swe Vilniaus Bankas banking 57 Tele Denmark DK/Lux Bite GSM telecom 50 Millicom East Carlsberg DK Dvyturus brewery 45 Den Norske Nor Lietuva Statoil petroleum 38 Stats Oljes. Danisco Sugar DK Lithuanian Sugar sugar prod. 34 Coca-Cola Co. USA Coca-Cola soft drinks 31.5 Bottlers
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