LTU · snapshot 2026-08-09

Lithuania

Low

Overall risk score

20.5

Percentile of scored universe

10th

Data coverage

94%

vs Australia (16.1)

+4.4

Category breakdown

Political Stability & Governance

Low
16.2+3.4 vs AU

6 indicators · 100% coverage

Economic Resilience

Low
20.0+8.9 vs AU

6 indicators · 85% coverage

Financial & Currency Risk

Low
11.2+5.3 vs AU

5 indicators · 100% coverage

Business Environment

Low
27.2-7.6 vs AU

3 indicators · 75% coverage

Security & Crime

Low
28.2+3.1 vs AU

4 indicators · 100% coverage

Climate & Social Compliance

Low
24.3+13.9 vs AU

4 indicators · 100% coverage

Technology & Digital

Low
20.6+6.9 vs AU

4 indicators · 100% coverage

Cultural Distance

Insufficient data
no AU baseline

Insufficient data · not in overall score

Key risks and considerations

Lithuania rates Low for market entry — an overall risk score of 20.5, less risky than 90% of rated economies and 4 points riskier than Australia.

The main risk driver is no double-tax agreement with Australia.

Relative strengths: secure internet servers and rule of law both sit in the least-risky quarter of rated economies, and sovereign credit risk rates Low, the least-risky rating band.

Possible mitigations

  • Withholding tax. No double-tax agreement with Australia: model withholding tax on dividends, interest, and royalties into the business case — it can decide the entity-vs-export question.
  • Payment fraud. Experts nominate this market as a cybercrime origin (World Cybercrime Index, 2021 survey): verify any change of bank details out-of-band, enforce MFA and dual authorisation on payments, and be sceptical of unsolicited counterparties.

Generated automatically from this snapshot’s indicator data — a starting point for analysis, not advice.

Indicators

IndicatorValueRisk scoreRating
Political Stability & Governance
Voice & accountability (WGI)78.211.5Low
Government effectiveness (WGI)74.712.9Low
Regulatory quality (WGI)75.211.5Low
Rule of law (WGI)80.69.9Low
Control of corruption (WGI)68.018.6Low
Political stability & absence of violence/terrorism (WGI PV)81.921.0Low
Economic Resilience
GDP growth (3-yr average, %)2.2% (3-yr avg)15.0Low
Growth volatility (10-yr std dev, pp)±2.0 pp14.2Low
Government net debt (% of GDP)37.110.0Low
Inflation (CPI %, vs income-group target)3.840.0Medium
Current account (3-yr average, % of GDP)1.8% (3-yr avg)15.0Low
FX reserves (months of import cover)Insufficient data
GDP per capita (PPP, current intl $)$56,83820.9Low
Financial & Currency Risk
Capital-account openness (Chinn-Ito KAOPEN)1.005.0Low
Currency stability (regime-aware classification)Floating — low volatility (<8%)15.0Low
Sovereign credit risk (OECD country risk classification)Category 0 / 72.0Low
FATF listing (grey / black list status)Not listed0.0Low
Double-tax agreement with AustraliaNone in force100.0Very High
Business Environment
FDI regulatory restrictiveness (OECD FDIRRI)0.0234.4Medium
Logistics performance (World Bank LPI)3.427.9Medium
Business readiness (World Bank B-READY pillar average)Insufficient data
Investment protection with Australia in force (BIT or FTA investment chapter)In force0.0Low
Security & Crime
Armed-conflict intensity (battle deaths per 100k, 5-yr)0.029.7Medium
Intentional homicide rate (per 100k)2.656.2High
Organised crime pervasiveness (GI-TOC criminality score)4.122.1Low
DFAT Smartraveller advisory levelLevel 1 — Exercise normal safety precautions10.0Low
Climate & Social Compliance
Physical climate vulnerability (ND-GAIN vulnerability)0.37422.9Low
Disaster risk (INFORM Risk Index)2.111.5Low
Modern-slavery prevalence (per 1,000)6.154.1High
Modern-slavery vulnerability score21.317.2Low
Technology & Digital
E-government development (UN EGDI)0.910.6Low
Internet users (% of population)89.234.1Medium
Cybercrime origination (World Cybercrime Index)0.430.0Medium
Secure internet servers (per million people)98553.26.7Low

Per-indicator ratings are quartile bands of the 0–100 risk score. The Australia column shows the same indicator’s raw value for the Australian baseline in this snapshot.

Cultural distance

GLOBE 2004 societal practices · rated on distance from Australia · not in the overall score

The GLOBE 2004 study did not cover Lithuania (~60 societies covered), so no cultural-distance profile is available.

Context — not scored

Unemployment

6.7%

Displayed, never scored: ambiguous for an entrant and unreliable where informal employment dominates. (2025, ILO modelled)

Trade agreement

No Australian FTA in force

Market access is decision-relevant but a benefit, not a risk — kept out of the rating.

Regional advisories

No higher regional advisory levels

DFAT Smartraveller sub-national advice where it exceeds the overall level.

Compare with

A score means little on its own. These economies scored closest to Lithuania in this snapshot, which is the fastest way to see whether the rating is telling you something specific or something regional.

All 218 economies · How to read these ratings