Vilnius
Economy

Vilnius is Lithuania's economic centre, with a per-capita GDP in the metropolitan area of almost € 30,000. The city's budget reached €1.0 billion in 2022. In the first quarter of 2024, the average monthly salary in Vilnius was €2,478.7 (gross) and €1,513.5 (net).

Lithuania's economic growth has been uneven, with GDP per capita at nearly 110 percent of the EU average in Vilnius but from 42 to 77 percent in other regions. The country's convergence is fuelled by two regions (Vilnius and Kaunas County) which produce 42 and 20 percent of the national GDP, respectively. From 2014 to 2016, the Vilnius region grew by 4.6 percent.

The supply of new housing in Vilnius and its suburbs has reached post-recession highs, and the stock of unsold apartments in Lithuania's three largest cities has begun to increase since the beginning of 2017. Demand for housing is strong, fuelled by rising wages, benign financial conditions and positive expectations. In the first half of 2018, the number of monthly transactions was the highest since its 2007–2008 peak. Most foreign direct investment and productive public investment in Lithuania is concentrated on Vilnius and Kaunas. Vilnius Industrial Park, 18.5 kilometres from the city, is intended for commercial and industrial use.
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