Uploaded July 2025 | Updated September 2026, 3 weeks ago
Lithuania's GDP per capita has increased from 30% of the OECD average in 1995 to 88% in 2023. This has been reflected in improved living standards for its citizens, along with significant advancements in life expectancy and education.
Future fiscal sustainability requires tackling ageing-related costs via greater public spending efficiency, broadening the tax base, and encouraging formal economic activity.
Read the OECD Economic Survey of: oecd.org/en/topics/sub-issues/economic-surveys/lithuania-economic-snapshot.html
#OECD #BetterPoliciesForBetterLives #Economy #Economics #lithuania
Lithuania's GDP per capita has increased from 30% of the OECD average in 1995 to 88% in 2023. This has been reflected in improved living standards for its citizens, along with significant advancements in life expectancy and education.
Future fiscal sustainability requires tackling ageing-related costs via greater public spending efficiency, broadening the tax base, and encouraging formal economic activity.
Read the OECD Economic Survey of: oecd.org/en/topics/sub-issues/economic-surveys/lithuania-economic-snapshot.html
#OECD #BetterPoliciesForBetterLives #Economy #Economics #lithuania
