Swedish companies* operating in Lithuania remain highly confident in the country’s economy and business environment despite continued global uncertainty, according to the newly released Business Climate Survey 2026: Lithuania, presented today at the Embassy of Sweden in Vilnius.
The survey highlights Lithuania’s strong position as an attractive destination for international business and investment.
Among the companies surveyed, 71 percent reported a profit in 2025, the highest share recorded among the Baltic States, while 84 percent plan to maintain or increase investments during the coming 12 months. The results underline Swedish companies’ long-term confidence in Lithuania’s economic prospects and business environment.
The results demonstrate that Swedish-linked companies continue to view Lithuania as a competitive and attractive market for long-term investment. Businesses signal a continued commitment to the Lithuanian market through strong investment intentions, says Urban Andersson, Sweden’s Ambassador to Lithuania.
The survey shows that Lithuania’s business environment is regarded as competitive from various perspectives. Respondents put strong ratings to the level of digitalization, market access, the financial system, physical infrastructure, access to service providers, access to suppliers and distributors, and work culture and business mindset, with all seven areas receiving an average score of 4.2 out of 5. A rating of 5 means that the business environment fully meets the responding company’s needs.
The overall results suggest that Lithuania’s competitive advantage is increasingly driven by skills, expertise and business capabilities rather than low labor costs alone. While cost efficiency remains important and is cited by 64 percent of respondents, companies are placing growing emphasis on factors such as staff development, local partnerships and sales competence.
Most notably, the share of Swedish-linked companies identifying staff development and training as important for maintaining competitiveness has increased from 23 percent in 2021 to 57 per cent in 2026. At the same time, access to talent can be a challenge for businesses in Lithuania. Access to specialists and key personnel is the lowest-rated aspect of the business environment, scoring 3.8 out of 5.
The survey concludes that Lithuania remains a highly attractive destination for companies with Swedish links. Continued efforts to strengthen the talent pool, ensure regulatory predictability and support business development will be important for sustaining the country’s competitiveness in the years ahead.
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About the Business Climate Survey 2026: Lithuania
The Business Climate Survey 2026: Lithuania was conducted jointly by the Swedish Embassies in Estonia, Latvia and Lithuania and the Stockholm School of Economics in Riga, with support from SAAB, SEB and Stena Line.
The survey gathered responses from 56 companies with Swedish ownership, management or other links to Sweden operating in Lithuania between April and June 2026.
You can read the full report here.
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Press contacts:
Kata Fredheim (Stockholm School of Economics Riga): kata.fredheim@sseriga.edu
Jurgita Tijūnaitytė (Embassy of Sweden in Vilnius): jurgita.tijunaityte@gov.se
Published: 28 October 2026
* The survey gathered responses from 56 companies based in Lithuania with Swedish ownership, management or other links to Sweden between April and June 2026.
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