54
Lithuania
Q4 2021
Total Labor Force (000s)
1,486
Employed Workers (000s) 1,324
Unemployed Workers (000s) 162
Unemployment Rate 10.9%
1,356
1,308
1,257
1,252
1,324
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
7.9%
11.2%
14.9%
14.3%
10.9%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
70% - First Vaccine Dose
(December 2021)
Covid Update
The National Certificate
(Vaccinated, recovered,
tested) is required to
access most services and
activities.
Testing of workers is no
longer government
funded.
3%
15% 21%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Lithuania Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$1,788
$1,505
$4.49
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Lithuania Regional Average
24,760
0
5,000
10,000
15,000
20,000
25,000
30,000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2019 2020 2021
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend
EUROSTAT
Monthly Hourly
Year on year inflation in November '21 was 9.3%. Wage inflation over the same period
was 11%.
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://osp.stat.gov.lt/en/
https://ec.europa.eu/eurostat
