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فارسی /
English
conventional long form: Republic
of Lithuania
conventional short form: Lithuania
local long form: Lietuvos Respublika
local short form: Lietuva
former: Lithuanian Soviet Socialist Republic
Vilnius. Population: 541,300 (census
2005).
Eastern Europe, bordering the Baltic
Sea, between Latvia and Russia
65,300 sq km (25,212 sq miles).
Description:
Lithuania is situated on the eastern Baltic coast and borders
Latvia in the north, the Kaliningrad region of the Russian
Federation and Poland in the southwest, and Belarus in the southwest
and east. The geometrical centre of Europe lies in eastern Lithuania
near the village of Bernotai, 25km (16 miles) north of Vilnius. The
landscape alternates between lowland plains and hilly uplands and
has a dense, intricate network of rivers, including the Nemunas and
the Neris. Around 1.5% of the country’s territory is made up of
lakes, of which there are over 2,800. The majority of these lie in
the east of the country and include Lake Druksiai and Lake
Tauragnas.
3.6 million (2007 estimate).
Lithuanian is the official language.
Lithuania has a large number of dialects for such a small territory,
including High Lithuanian (Aukstaiciai) and Low Lithuanian
(Zemaiciai).
Economy - overview:
Lithuania has historically been the least developed of the
Baltic republics, with a smaller industrial base and greater
dependence on agriculture, prior to rapid industrialisation during
the Soviet era. Sugar beet, cereals, potatoes and vegetables are the
main crops. Electrical, electronic and optical goods and light
machinery are the main industrial products.
The government plans to reduce the percentage but faces major
problems regarding waste disposal and alternative energy sources.
Further privatisations of state assets, principally in the banking
and transport sectors, were completed in 2002. Following a 90%
endorsement in a national referendum held in May 2003, Lithuania
joined the EU on 1 May 2004.
Lithuania's trade patterns have gradually shifted during the 1990s
towards the West, and the European Union now accounts for just under
half of all Lithuanian trade. Lithuania has recovered from the
serious knock-on effects of the 1998 Russian financial crisis, and
growth was 8% in 2007.
Inflation was 5.4% last year and unemployment at 5.7%.
Economy:
Lithuania has historically been the least developed of the
Baltic republics, with a smaller industrial base and greater
dependence on agriculture, prior to rapid industrialisation during
the Soviet era. Sugar beet, cereals, potatoes and vegetables are the
main crops. Electrical, electronic and optical goods and light
machinery are the main industrial products.
The government plans to reduce the percentage but faces major
problems regarding waste disposal and alternative energy sources.
Further privatisations of state assets, principally in the banking
and transport sectors, were completed in 2002. Following a 90%
endorsement in a national referendum held in May 2003, Lithuania
joined the EU on 1 May 2004.
Lithuania's trade patterns have gradually shifted during the 1990s
towards the West, and the European Union now accounts for just under
half of all Lithuanian trade. Lithuania has recovered from the
serious knock-on effects of the 1998 Russian financial crisis, and
growth was 8% in 2007.
Inflation was 5.4% last year and unemployment at 5.7%.
metal-cutting machine tools, electric
motors, television sets, refrigerators and freezers, petroleum
refining, shipbuilding (small ships), furniture making, textiles,
food processing, fertilizers, agricultural machinery, optical
equipment, electronic components, computers, amber
Exports:
Mineral products, textiles and clothing, machinery and equipment,
chemicals, wood and wood products.
Imports:
Mineral products, machinery and equipment, transport equipment,
chemicals, textiles and clothing.
• Main trade partners: Russian Federation, Germany, Poland, Latvia and
Estonia.
Exchange rates:
Lithuanian Litas (LTL; symbol Lt) = 100 centas. Notes are in
denominations of Lt500, 200, 100, 50, 20 and 10. Coins are in
denominations of Lt5, 2 and 1, and 50, 20, 10, 5, 2 and 1 centas. The
Litas is pegged to the Euro.
http://www.worldtravelguide.net/country/150/money/Europe/Lithuania.html
GDP :
US$28.6 billion (2007).
Useful links:
- Trade
Associations & Chamber of Commerce
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