Lithuania Lithuania Lithuania (; ), officially the Republic of Lithuania (), is a country in the Baltic region of Europe. Since its independence, Lithuania has been referred to as one of the Baltic states. It is situated along the southeastern shore of the Baltic Sea, to the east of Sweden and Denmark. It is bordered by Latvia to the north, Belarus to the east and south, Poland to the south, and Kaliningrad Oblast (a Russian exclave) to the southwest. Lithuania has an estimated population of 2.7 million people , and its capital and largest city is Vilnius. Other major cities are
Lithuania lowest in the EU. The country has the lowest implicit rate of tax on capital (9.8%) in the EU. Corporate tax rate in Lithuania is 15% and 5% for small businesses. 7 Free Economic Zones are operating in Lithuania. Information technology production is growing in the country, reaching 1.9 billion euros in 2016. In 2017 only, 35 Biggest companies in Lithuania in 2016, by revenue: Agriculture in Lithuania dates to the Neolithic period, about 3,000 to 1,000 BC. It has been one of Lithuania's most important occupations for many centuries. Lithuania's accession to the European Union in 2004 ushered in