Vilnius

City Facts

City Population: 542,664
City Area: 401 km²
Metropolitan Area Population: 806,000
Metropolitan Area: 9,731 km²
City GDP: 14,601
(in million €)
GDP per inhabitant: 18,090
(in thousands per inhabitant)
Annual Budget: 487.6 mio.
Main business sectors by gross added value: Research and Technology, Services, Agriculture,  Trade, Construction, Industry, Tourism

Lithuania’s capital city, Vilnius, is the largest political, administrative, economic and cultural centre in the country. The country’s Parliament and all of the Ministries of Government are located here. And with 10 Universities and Colleges, which together attract 70 000 students annually from across Lithuania and abroad, Vilnius boasts a talent pool of highly-skilled specialists. Several knowledge economy clusters have been established over the past few years, concentrating mostly on cutting-edge high technology sectors. These include biotechnology, lasers, IT, electronics and precision mechanics, environmental technologies, nanotechnologies, and medicine.



Interest in Vilnius from foreign investors is growing continually, with the city gaining recognition on the international stage for its attractive business environment. It was named Most Dynamic City at the 2016 CEE Outsourcing and Shared Services Awards, while fDI Intelligence ranks Vilnius third for economic development and attractiveness for foreign direct investment in the mid-sized cities category of its European Cities of the Future index. This acclaim demonstrates that Vilnius is fast becoming not only a regional centre for foreign investment, but also an important hub for tech and modern business, bridging Eastern and Western markets. As the fastest growing capital in the Baltic States, and with the ambition and know-how to become the region’s leading business location, Vilnius is truly a city of the future.




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