Key Market Indicators
Lithuanian IT services export is projected to soar to €6.8 billion by 2028, a significant increase from the €3.9 billion recorded in 2023. This marks an average annual growth rate of 8.6%. Since 2000, Lithuania's IT services supply has expanded at an impressive average rate of 21.6% per year. In the 2023 rankings, Lithuania held the 24th position, just behind Serbia, which also reported €3.9 billion in IT services export. Leading the rankings were France, the United Kingdom, and Italy, occupying the second, third, and fourth spots, respectively.
