Geography of Lithuania offers perhaps of oil deposits, and the southeast could provide high yields of iron ore and granite. According to some geographers, the geographical midpoint of Europe is just north of Lithuania's capital, Vilnius. Geographic coordinates: Lithuania is situated on the eastern shore of the Baltic Sea. Lithuania's boundaries have changed several times since 1918, but they have been stable since 1945. Currently, Lithuania covers an area of about 65,200 square kilometres. About the size of West Virginia, it is larger than Belgium, Denmark, Latvia, the Netherlands, or Switzerland. Lithuania is situated on the eastern shore of the Baltic Sea and
Economy of Lithuania half of the total value of natural resources. The following table shows the main economic indicators in 1995–2017. 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,