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 Computer Software and Hardware
Overview

  2006 2007 2008
Total Market Size 2683 3154 3092
Total Local Production 738 655 605
Total Exports 1054 1134 1166
Total Imports 1629 2020 1926
Imports from the U.S. % 80 80 unavailable

(Unofficial estimates in USD million. The 2008 average exchange rate was 1 USD = 2.4 Litas) ITA industry code: CPT, CSF

Best Prospects/Services
The Lithuanian IT market is small but developing rapidly. Both public and private sectors cite IT infrastructure development as strategic priorities. The public sector has an IT infrastructure development plan. Businesses increasingly install corporate LANs. A growing number of private consumers are purchasing computers and peripherals.

The computer and peripherals market in Lithuania is well developed and all major hardware and software suppliers, including Microsoft, IBM, HP, and Compaq, have a market presence. There are about 500 computer companies in Lithuania, of which approximately 20 dominate the market. American-branded equipment and accessories account for 80% of the total annual imports in this sector.

The sale of personal computers started to grow rapidly from 2005, primarily because of new tax incentives that provide personal income tax deductions for PC purchases. . In the last few years, the internet penetration rate in Lithuania has grown to 37.4 % (EU-25 average is 48.5%). The number of internet users has risen 11-fold in the past four years, to 1.33 million subscribers. One in five internet subscribers enjoys broadband internet access. Lithuanians have access to the cheapest broadband internet in the EU, with prices for the most popular fast (1Mb/s) internet connection averaging EUR 14 per month, half of what users pay in most other EU member states.

The focus of the Lithuanian IT sector in recent years has been on creating the necessary infrastructure to meet the demands of an information society. Demand for software development and consulting is growing rapidly. Supporting networks -- including LANs and WANs -- and internet applications are in demand.

Opportunities
The best prospects for U.S. IT exports are powerful multi-media processors, networking equipment, and internet and e-commerce application software. Supporting networks -- including LANs and WANs -- and internet applications are in demand.

Internet users 341,000
Internet Users Rank 68
Internet Users Date of Information 2001
 Telephones - mobile cellular 500,000
Cell Phone Rank 60
Cell Phone Date of Information 2001
 Telephones - main lines in use 1,142,000
Telephone Rank 64
Telephones Date of Information 2001
GDP - real growth rate(%) 6.7
Growth Rank 122
Growth Date of Information  2002 est.
GDP - per capita $8,400
GDP/pc Rank 86
GDP/pc Date of Information  2002 est.
GDP $29,200,000,000
GDP Rank 86
GDP Date of Information  2002 est.
Population 3,592,561
Pop Rank 128
Pop Date of Information  July 2003 est.

A nice view of another pink palace in Vilnius, Lithuania

This site was last updated 1 September, 2009

 

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