• 10-July-2018


    Corporate Governance in Lithuania

    This review of Corporate Governance in Lithuania was prepared in the context of Lithuania’s accession process to the OECD. It assesses Lithuania’s corporate governance arrangements – the laws, regulations and institutions that shape company oversight – for listed companies and state-owned enterprises (SOEs) against the standards of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report reaches a positive overall assessment of Lithuania’s willingness and ability to implement these corporate governance standards and makes a number of recommendations to address remaining weaknesses. With respect to listed companies, the report notably recommends that Lithuania give priority to monitoring implementation of recent legislative reforms to strengthen corporate boards of directors and, in the medium term, consider further strengthening and clarifying their legal responsibilities. With respect to SOEs, this report recommends that Lithuania give priority to further strengthening the effectiveness of the state’s ownership coordination function, ensuring that the state’s requirements on board composition and disclosure practices are fully implemented by the SOEs for which they are mandatory and moving forward with plans to convert commercially-oriented statutory SOEs to limited liability companies.
  • 5-July-2018


    OECD Economic Surveys: Lithuania 2018

    Since renewed independence in 1991 and transition from a centrally planned to a market economy, Lithuania has substantially raised well-being of its citizens. Thanks to a market-friendly environment the country grew faster than most OECD countries over the past ten years. The financial system is resilient, and fiscal positions stabilised after a long period of deficits and rising debt. Yet productivity has remained subdued due to stringent labour market regulations, informality and skills mismatch. Wage and income inequality are high, fuelling emigration. The population is ageing fast and declining, particularly because of emigration, putting pressure on the pension system. A wide-reaching labour market, unemployment benefits and pension reform entitled 'new social model' implemented in 2017 is expected to reinvigorate inclusive growth, strengthen the social safety net and underpin the sustainability of public finances. However, catch-up and more inclusive growth will require raising productivity that still remains well below the OECD average, and has slowed down recently. And rapid ageing and high emigration shrink the labour force by 1% every year, requiring a comprehensive approach to address the economic consequences.SPECIAL FEATURES: PRODUCTIVITY AND INCLUSIVENESS; AGEING
  • 25-May-2018


    OECD Reviews of Health Systems: Lithuania 2018

    The report analyses the performance of Lithuania’s health system which has been long characterised by its institutional stability and the steady pursuit of a policy agenda aimed at adapting it to the evolving burden of disease. Today, even if total spending on health is low and out-of-pocket payments represent nearly a third of it, the system ensures fairly equitable access to care. The main challenge to the system is that health outcomes still place Lithuania among the lowest ranked in the OECD. Efforts need to be geared more systematically towards strengthening public health and improving the quality of the services delivered at primary and hospital care levels.
  • 3-mai-2018


    Les membres de l'OCDE décident d'inviter officiellement la Lituanie à devenir le 36e membre de l'Organisation

    Les pays de l'OCDE ont décidé aujourd'hui d'inviter officiellement la Lituanie à devenir Membre de l'Organisation, la signature d'un Accord d'adhésion étant prévue au cours de la réunion à venir du Conseil de l'OCDE au niveau des Ministres (RCM) qui se déroulera les 30 et 31 mai à Paris, en France.

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  • 12-April-2018

    English, PDF, 233kb

    Taxation Household Savings: Key findings for Lithuania

    This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system

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  • 11-April-2018

    English, PDF, 412kb


    This country note presents key policies to promote longer working lives implemented over the past decade in Lithuania

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  • 9-April-2018


    Meeting of the members of the Council with Ms. Grybauskaitė President of Lithuania

    It is my honour and pleasure to welcome you to the OECD today, President Grybauskaitė, at this exciting time when Lithuania is nearing the conclusion of the accession process to the OECD and is celebrating the centenary of its statehood.

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  • 26-March-2018


    Country Health Profiles 2017

    The Country Health Profiles are an important step in the European Commission’s two-year State of Health in the EU cycle and are the result of joint work between the OECD and the European Observatory on Health Systems and Policies. The concise, policy relevant profiles are based on a transparent, consistent methodology, using both quantitative and qualitative data, yet flexibly adapted to the context of each EU Member State.

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  • 22-March-2018

    English, PDF, 1,484kb

    Lithuania: Review of the insurance system

    This review of Lithuania by the OECD's Insurance and Private Pensions Committee and Working Party on Governmental Experts on Insurance examines Lithuania's position with respect to core principles related to insurance systems.

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  • 1-mars-2018


    La Lituanie doit remédier au déclin démographique et améliorer la qualité des emplois

    Le PIB, les salaires et les chiffres de l’emploi étant revenus aux niveaux antérieurs à la crise financière mondiale en Lituanie, preuve du net rétablissement de l’économie, l’OCDE considère dans un nouveau rapport que le pays devrait désormais donner la priorité aux problèmes engendrés par la chute démographique ainsi qu’à l’amélioration de l’inclusivité du marché du travail.

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