COUNTRY PROFILE. Lithuania
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1 COUNTRY PROFILE Lithuania
2 Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 1
3 COMPETITIVENESS TRENDS - OVERALL LITHUANIA OVERALL PERFORMANCE (63 countries) 34 CHALLENGES IN 2018 Stimulate Stimulate R&D R&D by connecting by connecting science science and and innovation, innovation, knowledge knowledge transfer. Maintain export and competitiveness growth, especially for SME s. Attract foreign direct investments. Prevent the skilled labor force shortage. Enhance productivity in public services and invest in high technologies. Provided Enterprise by: Lithuania, Vilnius Enterprise Lithuania, Vilnius BASIC FACTS Rank Capital Land area (square km '000) Vilnius Exchange Rate (per $) Population - market size (millions) Gross Domestic Product (GDP) (US$ billions) GDP (PPP) per capita (US$), Real GDP growth (%) Consumer price inflation (%) Unemployment rate (%) Labor force (millions) Current account balance (% of GDP) Direct investment stocks inward ($bn) Direct investment flows inward (% of GDP) COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries)
4 COMPETITIVENESS TRENDS - FACTOR BREAKDOWN LITHUANIA ECONOMIC PERFORMANCE Sub-Factor Rankings : 2017 Domestic Economy 47 International Trade 28 International Investment 56 Employment 41 Prices GOVERNMENT EFFICIENCY Sub-Factor Rankings : 2017 Public Finance 26 Tax Policy 35 Institutional Framework 47 Business Legislation 31 Societal Framework BUSINESS EFFICIENCY Sub-Factor Rankings : 2017 Productivity & Efficiency 34 Labor Market 37 Finance 43 Management Practices 21 Attitudes and Values INFRASTRUCTURE Sub-Factor Rankings : 2017 Basic Infrastructure 35 Technological Infrastructure 27 Scientific Infrastructure 37 Health and Environment 30 Education
5 WORLD COMPETITIVENESS DIGITAL RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 4
6 DIGITAL TRENDS - OVERALL LITHUANIA OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors Knowledge Talent Training & education Scientific concentration Technology Regulatory framework Capital Technological framework The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries)
7 u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES LITHUANIA KNOWLEDGE Subfactors Talent Training & education Scientific concentration Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math 33 Employee training 23 Total expenditure on R&D (%) 39 International experience 25 Total public expenditure on education 24 Total R&D personnel per capita 15 Foreign highly-skilled personnel 47 Higher education achievement 10 u Female researchers 6 Management of cities 35 Pupil-teacher ratio (tertiary education) 14 w R&D productivity by publication 54 u Digital/Technological skills 1 Graduates in Sciences 30 Scientific and technical employment 31 w Net flow of international students 53 Women with degrees 16 High-tech patent grants 29 TECHNOLOGY Subfactors Regulatory framework Capital Technological framework Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 18 IT & media stock market capitalization - u Communications technology 5 u Enforcing contracts 4 Funding for technological development 27 u Mobile Broadband subscribers 9 w Immigration laws 59 Banking and financial services Wireless broadband 45 Development and app. of technology 26 Investment risk Internet users Scientific research legislation 33 Venture capital 22 Internet bandwidth speed 27 Intellectual property rights 30 w Investment in Telecommunications 52 High-tech exports (%) FUTURE READINESS Subfactors Adaptive attitudes Business agility IT integration Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation 17 Opportunities and threats 14 E-Government 23 Internet retailing 30 Innovative firms 38 Public-private partnerships 38 Tablet possession 47 Agility of companies 10 Cyber security 18 w Smartphone possession 56 Use of big data and analytics 15 Sofware piracy 42 Attitudes toward globalization 34 Knowledge transfer 33 6
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