Economy of Lithuania m of modern logistics and warehousing facilities in Lithuania. The biggest supply of new, modern warehousing facilities is in the capital city Vilnius (after the completion of several new projects in the third quarter of 2009, the supply of modern warehousing premises has increased by nearly 12% in Vilnius and currently reaches 334,400 m of the rentable area). Kaunas is in the second place (around 200,000 m), and Klaipėda in the third (122,500 m). Since the beginning of the year 2009, prices for warehousing premises have dropped by 20–25% in Vilnius, Kaunas, and Klaipėda, and the current level of rents
Economy of Lithuania Economy of Lithuania Lithuania is a member of the European Union and the largest economy among the three Baltic states. GDP per capita in Lithuania is highest in the Baltic states and is 63% above the world's average of $17,300. Lithuania belongs to the group of very high human development countries and is a member of WTO an OECD. Lithuania was the first country to declare independence from Soviet Union in 1990 and rapidly moved from centrally planned to a market economy, implementing numerous liberal reforms. It enjoyed high growth rates after joining the European Union along with the other