Lithuanian economy shows strong service export growth and unique financing trends

Lithuanian businesses are navigating a complex economic landscape characterized by rising gas prices, inflation, and geopolitical uncertainty, despite signs of recovery in the Eurozone and growth in Germany and Scandinavia. A survey by the European Commission and the European Central Bank highlights a distinct financing trend in Lithuania: companies rely significantly more on their own funds than the EU average. Approximately 51% of Lithuanian companies use internal resources, such as undistributed profits, compared to a 29% EU average. Conversely, Lithuanian firms utilize bank financing, credit lines, and subsidies at lower rates than their European counterparts.

In terms of trade, Lithuania is seeing strong growth in service exports and a recovery in re-exports. According to the Innovation Agency, service exports—which accounted for 48.4% of total export value in 2025—are projected to grow by 13.6% in 2026. Re-exports, which involve reselling goods imported from abroad, are also expected to rise by 9.6% in 2026 after several years of decline. There has been a notable shift in market orientation, with the European Union now accounting for 74% of Lithuania's re-export value, up from 46% five years ago, while the share from CIS countries has decreased.