[{"data":1,"prerenderedAt":135},["ShallowReactive",2],{"naujienos/lithuania-jumped-to-the-29th-position-in-the-world-competitiveness-index/en":3},{"status":4,"data":5},true,{"image":6,"id":14,"seo":15,"title":12,"date":90,"url":86,"fullUrl":26,"text":91,"excerpt":25,"more":92,"tags":133,"temos":134},{"src":7,"is_svg":8,"ratio":9,"width":10,"height":11,"alt":12,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2022/06/andrius-aleksandravicius-vilnius-old-town-scaled-580x430-2.jpg",false,0.7413793103448276,580,430,"Lithuania jumped to the 29th position in the World Competitiveness Index","",6824,{"title":16,"robots":17,"og_locale":23,"og_type":24,"og_title":16,"og_description":25,"og_url":26,"og_site_name":27,"article_publisher":28,"og_image":29,"twitter_card":34,"schema":35,"breadcrumbs":78,"description":13,"language":87},"Lithuania jumped to the 29th position in the World Competitiveness Index - Inovacijų agentūra",{"index":18,"follow":19,"max-snippet":20,"max-image-preview":21,"max-video-preview":22},"index","follow","max-snippet:-1","max-image-preview:large","max-video-preview:-1","en_US","article","Lithuania rebounded to its former highest place in the world competitiveness index published by the Swiss Institute of International Management (IMD). In 2022, it ranks 29th among 63 countries.","https://www.inovacijuagentura.lt/en/naujiena/lithuania-jumped-to-the-29th-position-in-the-world-competitiveness-index/","Inovacijų agentūra","https://www.facebook.com/inovacijuagentura",[30],{"width":31,"height":32,"url":7,"type":33},"580","430","image/jpeg","summary_large_image",{"@context":36,"@graph":37},"https://schema.org",[38,53,55,65,69],{"@type":39,"@id":26,"url":26,"name":16,"isPartOf":40,"primaryImageOfPage":42,"image":44,"thumbnailUrl":7,"datePublished":45,"breadcrumb":46,"inLanguage":48,"potentialAction":49},"WebPage",{"@id":41},"https://www.inovacijuagentura.lt/en/#website",{"@id":43},"https://www.inovacijuagentura.lt/en/naujiena/lithuania-jumped-to-the-29th-position-in-the-world-competitiveness-index/#primaryimage",{"@id":43},"2022-06-16T02:21:00+00:00",{"@id":47},"https://www.inovacijuagentura.lt/en/naujiena/lithuania-jumped-to-the-29th-position-in-the-world-competitiveness-index/#breadcrumb","en-US",[50],{"@type":51,"target":52},"ReadAction",[26],{"@type":54,"inLanguage":48,"@id":43,"url":7,"contentUrl":7,"width":31,"height":32,"caption":12},"ImageObject",{"@type":56,"@id":47,"itemListElement":57},"BreadcrumbList",[58,63],{"@type":59,"position":60,"name":61,"item":62},"ListItem","1","Home","https://www.inovacijuagentura.lt/en/",{"@type":59,"position":64,"name":12},"2",{"@type":66,"@id":41,"url":62,"name":27,"description":13,"publisher":67,"inLanguage":48},"WebSite",{"@id":68},"https://www.inovacijuagentura.lt/en/#organization",{"@type":70,"@id":68,"name":27,"url":62,"logo":71,"image":76,"sameAs":77},"Organization",{"@type":54,"inLanguage":48,"@id":72,"url":73,"contentUrl":73,"width":74,"height":75,"caption":27},"https://www.inovacijuagentura.lt/en/#/schema/logo/image/","https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/ia-logo-main.svg","1886","786",{"@id":72},[28],[79,82,85],{"url":80,"text":61,"id":81},"/en/",7576,{"url":83,"text":84},"/en/news/","News",{"url":86,"text":12,"id":14},"/en/naujiena/lithuania-jumped-to-the-29th-position-in-the-world-competitiveness-index/",[88],{"url":26,"code":89,"locale":89,"default":8},"en","2022-06-16","\u003Cp>‘To increase the competitiveness of Lithuania, we must seek changes in a number of fields – from stability of economic environment to effective work of public sector. The present situation in the region certainly brings even more challenges. This year, an immense innovation reform took place in Lithuania – by now, we have an operating Innovation Agency Lithuania which will enable targeted focus on implementation of decisions with long-term effect,’ said Economy and Innovation Minister Aušrinė Armonaitė said.\u003C/p>\n\u003Cp>According to the analysts of Innovation Agency Lithuania, stable economic environment is the largest challenge for the competitiveness of the Lithuanian economy. ‘Back in 2020, we were pleased with our economy’s resilience and stable growth during the pandemic, however we failed in retaining our relative advantage – most of other global economies experienced faster growth last year than we did. Though this could have been caused by the statistical effect of the comparative base, however, maintaining our previous advantage of economic environment in the present geopolitical environment may be complicated’, stated Jonė Kalendienė, Head of Research and Analysis Division of Innovation Agency Lithuania.\u003C/p>\n\u003Cp>According to Ms. Kalendienė, rising prices, shortage of raw materials, political challenges, shortage of labour force cause concern for business because of significantly decreased competitiveness of costs.\u003C/p>\n\u003Cp>No significant changes in business taxation took place last year, however assessment of tax system competitiveness also deteriorated in the eyes of business. Thus, pressure on the authorities to ease the tax environment is growing. Such decision will not be easy because of positive debt interest rate and growing pressure on budget expenses. It should be noted that subindex of governmental effectiveness is in particular high at the moment and Lithuania is ranked 23\u003Csup>rd\u003C/sup> by it. Decisions on budget deficit and debt in 2021 strongly contributed to that, while retaining them this year will be extremely difficult.\u003C/p>\n\u003Cp>‘The estimate of improving economic competitiveness in Lithuania was favourably impacted also by growing business effectiveness. Growing effectiveness of business financing has been observed for several years in a row. By this indicator, Lithuania jumped from 48\u003Csup>th\u003C/sup> place in 2020 up to 40\u003Csup>th\u003C/sup> place in 2022. Active efforts of private and governmental institutions aimed at improving financing access for Lithuanian enterprises have already been felt by businesses. According to the assessment of the IMD in 2022, access to finances, as one of the key factors of attractiveness of Lithuanian economy, was named two times more companies than last year’, commented Ms. Kalendienė.\u003C/p>\n\u003Cp>According to the observations of the IMD as well, one of the biggest challenges of competitiveness for all economies is significantly increased significance of social responsibility. In 2022, social responsibility of Lithuanian business was ranked above the average, and by this indicator Lithuania moved forward quite strongly (from 37\u003Csup>th\u003C/sup> place in 2021 up to 11\u003Csup>th\u003C/sup> place in 2022). Since the data required for the assessment were collected in this March – April, the military aggression of Russia in Ukraine and the response of the Lithuanian people and business by concentrating the efforts and helping Ukraine had an impact on such high estimate.\u003C/p>\n\u003Cp>The IMD has been conducting the competitiveness rating since 1989, and it was introduced for the 34\u003Csup>th\u003C/sup> time this year. In this rating, Lithuania has been assessed and compared to other countries of the world since 2007.\u003C/p>\n\u003Cp>Among the Baltic States, the top position is held, and highest economic competitiveness is recorded in Estonia, which stands 22\u003Csup>nd\u003C/sup> this year. Latvia is ranked 35\u003Csup>th\u003C/sup>.\u003C/p>\n\u003Cp>Further information about the IMD global competitiveness rating is available on:\u003C/p>\n\u003Cp>\u003Ca style=\"display: inline-block; background-color: rgb(62, 80, 180); border: 1px solid rgb(62, 80, 180); padding: 5px 10px; border-radius: 5px; font-size: 14px; cursor: pointer; color: rgb(255, 255, 255) !important; text-decoration: none !important;\" href=\"https://www.imd.org/uupload/IMD.Wcc/PDFSource/LT.pdf?fbclid=IwAR3DELtIci51ujJvKfX8ERqp6COQmIHojJ25cXnYD51JbW-Poi-NWCl_xjs\" class=\"simple-button-plugin\" target=\"_blank\">IMD country profile: Lithuania\u003C/a>\u003C/p>\n",[93,102,111,125],{"image":94,"title":97,"url":98,"id":99,"text":100,"temos":101},{"src":95,"is_svg":8,"ratio":96,"alt":97,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/kosmoso-memorandumas-su-polsa.jpg",0.6669921875,"Lithuania Strengthens Cooperation with Poland and the United States in the Space Sector: Important Memorandums Signed","/en/naujiena/lithuania-strengthens-cooperation-with-poland-and-the-united-states-in-the-space-sector-important-memorandums-signed/",6748,"Lithuania’s space sector continues to strengthen international partnerships and expand cooperation with key players in the global space industry. Innovation Agency Lithuania has recently signed two significant memorandums of understanding – with the Polish Space Agency (POLSA) and the U.S. space infrastructure company Vast. These agreements open new opportunities for Lithuanian businesses, research institutions, and international projects.",[],{"image":103,"title":106,"url":107,"id":108,"text":109,"temos":110},{"src":104,"is_svg":8,"ratio":105,"alt":106,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/03/shutterstock-2539768243-1.jpg",0.7490234375,"Lithuania Ranks First in Europe in the Global Entrepreneurship Index","/en/naujiena/lithuania-ranks-first-in-europe-in-the-global-entrepreneurship-index/",6892,"The latest Global Entrepreneurship Monitor (GEM) 2025/2026 global report shows that Lithuania is the leading country in Europe in terms of the quality of its entrepreneurial environment and ranks among the world’s strongest economies in this field.",[],{"image":112,"title":114,"url":115,"id":116,"text":117,"temos":118},{"src":113,"is_svg":8,"ratio":96,"alt":114,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/01/karolina-urbonaite.jpg","Lithuania’s Startup Ecosystem Surpasses €16.4 Billion in Value: Investments Jump 1.7x in 2025","/en/naujiena/lithuanias-startup-ecosystem-surpasses-e16-4-billion-in-value-investments-jump-1-7x-in-2025/",6999,"The total value of Lithuania’s startup ecosystem reached €16.4 billion in 2025, according to the latest Dealroom report initiated by Startup Lithuania, a division of the Innovation Agency. In just one year, Lithuanian startups attracted €220 million in venture capital investments from 77 unique investors. The ecosystem’s growing maturity was further confirmed earlier this year with the addition of a new unicorn to Lithuania’s startup map — Cast AI.",[119,122],{"id":120,"name":121},577,"Growth",{"id":123,"name":124},579,"Innovation",{"image":126,"title":128,"url":129,"id":130,"text":131,"temos":132},{"src":127,"is_svg":8,"ratio":96,"alt":128,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2025/12/modix-fgf-3d-spausdintuvas-2.jpg","Mission-Driven Innovations: Science and Business Shaping Lithuania’s Future","/en/naujiena/mission-driven-innovations-science-and-business-shaping-lithuanias-future/",6904,"Some important scientific research activities and innovative business-developed products may sound complex – unsurprisingly, as they are developed by people who dedicate their entire lives to these fields. Yet behind these sophisticated terms lie concrete solutions that will eventually make each of our daily lives easier. Where science and business join forces, more accurate disease diagnostics for the health of us and our loved ones are developed, cybersecurity tools are created to protect the country, and climate-neutral production technologies and materials emerge to help preserve our nature and resources.",[],[],[],1780347790513]