LITHUANIA INVESTMENT COUNTRY PROFILES October 2011
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U N I T E D N AT I O N S C O N F E R E N C E O N T R A D E A N D D E V E L O P M E N T INVESTMENT COUNTRY PROFILES LITHUANIA October 2011 Lithuania _____________________________________________________________________________________________________i NOTE The Division on Investment and Enterprise of UNCTAD is a global centre of excellence, dealing with issues related to investment and enterprise development in the United Nations System. It builds on three and a half decades of experience and international expertise in research and policy analysis, intergovernmental consensus building, and provides technical assistance to developing countries. The terms country/economy as used in this investment country profile also refer, as appropriate, to territories or areas; the designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. In addition, the designations of country groups are intended solely for statistical or analytical convenience and do not necessarily express a judgment about the stage of development reached by a particular country or area in the development process. The major country groupings used in this investment country profile follow the classification of the United Nations Statistical Office. These are: Developed countries: the member countries of the OECD (other than Chile, Mexico, the Republic of Korea and Turkey), plus the new European Union member countries which are not OECD members (Bulgaria, Cyprus, Latvia, Lithuania, Malta, and Romania), plus Andorra, Liechtenstein, Monaco and San Marino. Transition economies: South-East Europe and the Commonwealth of Independent States. Developing economies: in general all economies not specified above. For statistical purposes, the data for China do not include those for Hong Kong Special Administrative Region (Hong Kong SAR), Macao Special Administrative Region (Macao SAR) and Taiwan Province of China. Reference to companies and their activities should not be construed as an endorsement by UNCTAD of those companies or their activities. The boundaries and names shown and designations used on the maps presented in this publication do not imply official endorsement or acceptance by the United Nations. The following symbols have been used in the tables: • • • • • • • Two dots (..) indicate that data are not available or are not separately reported. Rows in tables have been omitted in those cases where no data are available for any of the elements in the row; A dash (–) indicates that the item is equal to zero or its value is negligible; A blank in a table indicates that the item is not applicable, unless otherwise indicated; A slash (/) between dates representing years, e.g., 1994/95, indicates a financial year; Use of an en dash (–) between dates representing years, e.g., 1994–1995, signifies the full period involved, including the beginning and end years; Reference to “dollars” ($) means United States dollars, unless otherwise indicated; Annual rates of growth or change, unless otherwise stated, refer to annual compound rates; Details and percentages in tables do not necessarily add up to totals because of rounding. Only tables shaded in the Table of Contents are available in this investment country profile. The material contained in this study may be freely quoted with appropriate acknowledgement. Exchange rates, Litas per US dollar 1992 Period average End of period 1993 1994 1995 1996 1997 1998 1999 2000 2001 2004 2005 2006 2007 2008 2009 2010 1.773 4.344 3.978 4.000 3.79 3.900 4.000 4.000 4.000 4.000 4.000 4.000 4.000 4.000 4.000 4.000 4.000 3.677 3.061 2.781 4.000 3.311 2.762 2.535 2.774 2.910 2.752 2.630 2.357 2.451 2.484 2.405 2.606 2.610 4.000 4.000 2002 2003 2.524 2.357 _____________________________________________________________________________________________________ Lithuania _______________________________________________________________________________________________________________ii Table of Contents Page Highlights ........................................................................................................................... 1 A. Definitions and sources of data ........................................................................................................... B. Statistics on FDI and the operations of TNCs (shaded rows show available tables) ..................... 1 3 3 3 4 5 6 7 Table 1. Summary of FDI....................................................................................................................................... Table 2. Summary of international production........................................................................................................ Table 3. FDI flows, by type of investment............................................................................................................... Table 4. FDI stocks, by type of investment............................................................................................................. Table 5. FDI flows in the host economy, by industry.............................................................................................. Table 6. FDI flows in the host economy, by geographical origin............................................................................. Table 7. FDI flows in the host economy, by industry and geographical orign.......................................................... Table 8. FDI flows abroad, by industry................................................................................................................... Table 9. FDI flows abroad, by geographical destination......................................................................................... Table 10. FDI flows abroad, by industry and geographical destination................................................................... Table 11. FDI stocks in the host economy, by industry........................................................................................... Table 12. FDI stocks in the host economy, by geographical origin......................................................................... Table 13. FDI stocks in the host economy, by industry and geographical orign...................................................... Table 14. FDI stocks abroad, by industry............................................................................................................... Table 15. FDI stocks abroad, by geographical destination..................................................................................... Table 16. FDI stocks abroad, by industry and geographical destination................................................................. Table 19. The number of home-based TNCs, by industry in the home economy.................................................... Table 20. The number of foreign affiliates of home-based TNCs, by industry abroad............................................. Table 21. The number of foreign affiliates of home-based TNCs, by geographical location abroad........................ Table 22. The number of affiliates of foreign TNCs in the host economy, by industry............................................. Table 23. The number of affiliates of foreign TNCs in the host economy, by geographical origin........................... Table 26. Assets of home-based TNCs, by industry in the home economy............................................................ Table 27. Assets of foreign affiliates of home-based TNCs, by industry abroad..................................................... Table 28. Assets of foreign affiliates of home-based TNCs, by geographical location abroad................................ Table 29. Assets of affiliates of foreign TNCs in the host economy, by industry..................................................... Table 30. Assets of affiliates of foreign TNCs in the host economy, by geographical origin.................................... Table 31. Employment of home-based TNCs, by industry in the home economy................................................... Table 32. Employment of foreign affiliates of home-based TNCs, by industry abroad............................................ Table 33. Employment of foreign affiliates of home-based TNCs, by geographical location abroad....................... Table 34. Employment of affiliates of foreign TNCs in the host economy, by industry............................................ Table 35. Employment of affiliates of foreign TNCs in the host economy, by geographical origin........................... Table 36. Wages and salaries of home-based TNCs, by industry in the home economy........................................ Table 37. Wages and salaries of foreign affiliates of home-based TNCs, by industry abroad................................. Table 38. Wages and salaries of foreign affiliates of home-based TNCs, by geographical location abroad............ Table 39. Wages and salaries of affiliates of foreign TNCs in the host economy, by industry................................. Table 40. Wages and salaries of affiliates of foreign TNCs in the host economy, by geographical origin............... Table 41. Sales of home-based TNCs, by industry in the home economy.............................................................. Table 42. Sales of foreign affiliates of home-based TNCs, by industry abroad....................................................... Table 43. Sales of foreign affiliates of home-based TNCs, by geographical location abroad.................................. Table 44. Sales of affiliates of foreign TNCs in the host economy, by industry....................................................... Table 45. Sales of affiliates of foreign TNCs in the host economy, by geographical origin..................................... Table 46. Value added of home-based TNCs, by industry in the home economy................................................... Table 47. Value added of foreign affiliates of home-based TNCs, by industry abroad............................................ Table 48. Value added of foreign affiliates of home-based TNCs, by geographical location abroad....................... Table 49. Value added of affiliates of foreign TNCs in the host economy, by industry............................................ Table 50. Value added of affiliates of foreign TNCs in the host economy, by geographical origin.......................... Table 51. Profits of home-based TNCs, by industry in the home economy............................................................. Table 52. Profits of foreign affiliates of home-based TNCs, by industry abroad...................................................... Table 53. Profits of foreign affiliates of home-based TNCs, by geographical location abroad................................. Table 54. Profits of affiliates of foreign TNCs in the host economy, by industry...................................................... Table 55. Profits of affiliates of foreign TNCs in the host economy, by geographical origin.................................... Table 56. Exports of home-based TNCs, by industry in the home economy........................................................... Table 57. Exports of foreign affiliates of home-based TNCs, by industry abroad.................................................... 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 _______________________________________________________________________________________________________________ Lithuania _______________________________________________________________________________________________________________ iii Table of Contents (continued) Page Table 58. Exports of foreign affiliates of home-based TNCs, by geographical location abroad............................... Table 59. Exports of affiliates of foreign TNCs in the host economy, by industry.................................................... Table 60. Exports of affiliates of foreign TNCs in the host economy, by geographical origin.................................. Table 61. Imports of home-based TNCs, by industry in the home economy........................................................... Table 62. Imports of foreign affiliates of home-based TNCs, by industry abroad.................................................... Table 63. Imports of foreign affiliates of home-based TNCs, by geographical location abroad............................... Table 64. Imports of affiliates of foreign TNCs in the host economy, by industry.................................................... Table 65. Imports of affiliates of foreign TNCs in the host economy, by geographical origin.................................. Table 66. R&D of home-based TNCs, by industry in the home economy............................................................... Table 67. R&D of foreign affiliates of home-based TNCs, by industry abroad........................................................ Table 68. R&D of foreign affiliates of home-based TNCs, by geographical location abroad................................... Table 69. R&D of affiliates of foreign TNCs in the host economy, by industry........................................................ Table 70. R&D of affiliates of foreign TNCs in the host economy, by geographical origin....................................... Table 71. Employment in R&D of home-based TNCs, by industry in the home economy....................................... Table 72. Employment in R&D of foreign affiliates of home-based TNCs, by industry abroad................................ Table 73. Employment in R&D of foreign affiliates of home-based TNCs, by geographical location abroad........... Table 74. Employment in R&D of affiliates of foreign TNCs in the host economy, by industry................................ Table 75. Employment in R&D of affiliates of foreign TNCs in the host economy, by geographical origin............... Table 76. Royalty receipts of home-based TNCs, by industry in the home economy.............................................. Table 77. Royalty receipts of foreign affiliates of home-based TNCs, by industry abroad....................................... Table 78. Royalty receipts of foreign affiliates of home-based TNCs, by geographical location abroad.................. Table 79. Royalty receipts of affiliates of foreign TNCs in the host economy, by industry....................................... Table 80. Royalty receipts of affiliates of foreign TNCs in the host economy, by geographical origin..................... Table 81. Royalty payments of home-based TNCs, by industry in the home economy........................................... Table 82. Royalty payments of foreign affiliates of home-based TNCs, by industry abroad.................................... Table 83. Royalty payments of foreign affiliates of home-based TNCs, by geographical location abroad............... Table 84. Royalty payments of affiliates of foreign TNCs in the host economy, by industry.................................... Table 85. Royalty payments of affiliates of foreign TNCs in the host economy, by geographical origin.................. Table 86. Largest home-based TNCs..................................................................................................................... Table 87. Largest foreign affiliates of homebased TNCs......................................................................................... 30 Table 88. Largest affiliates of foreign TNCs in the host economy............................................................................ 31 _______________________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 1 Highlights Lithuania has attracted relatively modest foreign direct investment (FDI) flows, despite its membership in the European Union (EU). At the end of 2010, its inward FDI stock totalled 35 billion Litas (LTL) ($13.4 billion). Similarly to Latvia, but unlike Estonia, the outward FDI stock was very small (LTL 5.5 billion i.e. $2.1 billion). Before surging in 2006 as a result of the sale of the Mazeikiu Nafta refinery to PKN Orlen (Poland), FDI inflows were fluctuating in the 2000s, reflecting privatization trends. While the rise in greenfield projects and reinvested earnings kept FDI inflows above $2 billion in 2004–2008, they declined significantly (by 91 per cent) in 2009, as the country suffered from the global crisis. In 2010, FDI recovered slightly reaching LTL 1.6 billion ($629 million). Outward FDI flows have been modest and in 2010 followed a downward trend, declining to LTL 334 million ($128 million). The EU countries of Poland, Sweden, Denmark and Germany, in that order, account for the bulk of the inward FDI stock in Lithuania. Investment from the two other Baltic States, Latvia and Estonia has recently grown rapidly. The lion's share of FDI outward stock is directed to EU countries, while close to one quarter is in the CIS (the Russian Federation, Ukraine and Belarus, in that order). In 2010 the services sector, including telecommunications, real estate and finance, accounted for almost 70 per cent of the inward FDI stock of Lithuania. In variation from the two other Baltic States, 29 per cent of the inward FDI stock was in manufacturing, although down from 40 per cent in 2005. The outward FDI stock is mainly in the services sector, which accounted for 85 per cent of the total in 2010. In 2009, more than 126,000 people were employed in the 2,685 foreign affiliates registered in the country; their sales reached LTL 72 billion ($28 billion) and their value added almost LTL 10 billion ($4.1). Lithuanian TNCs had only 438 affiliates abroad, employing 24,614 people. A. Definitions and sources of data Data on FDI in Lithuania are reported by the Bank of Lithuania and the Department of Statistics of the Government of Lithuania. Since Lithuania regained its independence in 1990, market-oriented reforms were implemented to encourage foreign investment. The introduction of a new currency (the litas) in 1994, (which was pegged to the United States dollar and from 2002 to the euro) and the restructuring of the banking system created a stable and favourable business climate since 1995. The country joined the European Union in 2004. The Lithuanian Development Agency, a non-governmental body, acts as a one-stop shop to foreign investors that provides information on investment opportunities, procedures and conditions, business and legal environment, and helps them to identify joint venture partners for project implementation. According to the Law on Investment, there is no special permit required from the authorities to invest foreign capital and there are no limitations to foreign ownership. Protection against expropriation is available, and guarantee of unrestricted transfer of invested capital and profits is provided. Foreign nationals have the right to open foreign currency accounts in any local bank. The investment of foreign-origin capital, movable or immovable assets, and intellectual or industrial property is considered as FDI. Foreign investors may be foreign persons or entities, persons without citizenship permanently living abroad, foreign states and international organizations. They must set up subsidiaries, or engage in any of the following forms of business: sole trader, partnership, public private stock company, ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 2 cooperative society and company. Prior to operating a business, registration has to be made with the Ministry of Economy and the business name recorded at the State Patent Bureau. The Bank of Lithuania is, however, responsible for the registration of foreign banks or branches. Corporate income tax and personal income tax are at a flat rate of 15 per cent while the VAT rate is currently set at 21 per cent. Data reported by the Bank of Lithuania are in accordance with the methodology set out in the Balance of Payments Manual, 5th edition, of the International Monetary Fund, and FDI definitions used by the OECD Benchmark Definition of Foreign Direct Investment. They reflect an ownership of 10 per cent or more of a foreign investor in ordinary shares, or voting rights, of an incorporated or unincorporated company. FDI comprises not only the primary investment, but also all subsequent transactions between the direct investor and the direct investment company. The components of FDI capital are equity capital (shares valued at market prices), reinvested earnings and other capital (intra-company loans). Breakdown of flow and stock data, by components, are available. Inward and outward investment data, both by geographical and industrial sector breakdown, are also available and presented in this country profile. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 3 B. Statistics on FDI and the operations of TNCs Table 1. Summary of FDI (Millions of Litas and percentage) Variable Inward 1. FDI flows, 2007-2010 (annual average) Outward 2 993 794 13.8 3.6 35 100 5 459 37.1 5.8 Affiliates of Homebased foreign TNCs TNCs (Parent) in Lithuaniaa Foreign affiliates of home-based TNCs abroad 2. FDI flows as a percentage of GFCF, 2007-2010 (annual average) 3. FDI stocks, 2010 2. FDI stocks as a percentage of GDP, 2010 Source : Based on tables 3, 4 and UNCTAD, FDI/TNC database. Table 2. Summary of international production, 2009 (Millions of Litas and number) Variable Number Assets Employees (thousands) Wages and salaries Sales Value added Exports Imports R&D expenditures .. .. .. .. .. .. .. .. .. 2 685 .. 126.9 5 701 71 546 9 625 .. .. .. 438 .. 24.6 .. 9 000 .. .. .. .. Based on tables 21,23,33,35,40,43,45 and 50. a Data on foreign affilitates in Lithuania refer to 2008. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 4 Table 3. FDI flows, by type of investment (Millions of Litas) Inward investment Year 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Equity 135.7 124.7 261.5 511.1 870.5 3 088.4 1 486.6 725.4 1 042.5 1 823.1 580.7 874.7 1 198.5 2 901.0 1 003.9 1 906.1 3 054.6 592.1 Reinvested earnings 28.7 98.6 173.4 399.0 585.9 353.6 342.9 256.1 678.5 1 137.1 839.1 1 859.9 2 670.4 686.2 -3 652.4 - 391.6 Other 374.1 214.6 - 126.6 436.4 397.9 586.6 - 707.0 139.6 814.3 239.3 1 411.1 2 226.9 1 025.4 1 440.1 Outward investment Total 135.7 124.7 290.2 609.7 1 418.0 3 702.0 1 945.8 1 515.5 1 783.3 2 665.7 552.2 2 151.3 2 851.9 5 000.2 5 085.4 4 819.2 427.6 1 640.6 Equity Reinvested earnings 4.0 0.4 6.1 9.1 44.7 6.7 21.3 45.6 33.7 540.5 570.0 289.2 1 646.9 882.5 431.9 335.3 - 0.1 - 2.2 - 2.2 0.9 - 1.9 - 1.5 - 3.2 14.3 12.1 6.4 - 50.0 34.8 - 206.7 34.8 Other 101.9 9.8 - 8.0 7.2 8.9 17.2 85.8 175.9 376.6 506.0 - 89.4 - 125.0 315.0 - 35.7 Total 4.0 0.4 107.9 16.7 34.5 14.8 28.4 61.2 116.3 730.6 958.7 801.6 1 507.5 792.3 540.2 334.4 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. Note : Data are shown in millions of dollars prior to 1997. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 5 Table 4. FDI stocks, by type of investment (Millions of Litas) Inward investment Year 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Equity & Reinvested earnings 412.7 2 667.0 4 534.8 6 506.5 7 238.0 8 278.1 10 287.5 11 583.9 13 878.7 20 746.8 25 419.0 29 969.8 24 090.1 24 857.4 25 071.0 Other 287.7 1 495.5 1 966.4 1 745.6 2 099.3 2 383.8 2 896.3 2 115.5 2 313.9 3 149.0 3 505.6 5 534.1 7 950.4 8 838.5 10 028.6 Outward investment Total 96.8 106.8 137.0 321.0 352.0 700.3 4 162.5 6 501.2 8 252.1 9 337.3 10 661.9 13 183.8 13 699.4 16 192.6 23 895.8 28 924.7 35 503.9 32 040.4 33 695.9 35 099.6 Equity & Reinvested earnings 1.9 14.4 21.4 64.4 70.4 105.7 120.3 173.1 727.9 1 428.0 1 469.8 2 532.4 3 792.1 4 220.1 4 201.9 Other 0.9 89.5 44.5 39.4 46.9 85.7 76.8 157.4 343.7 670.5 1 269.4 1 169.5 1 085.2 1 337.3 1 256.8 Total 0.2 1.1 2.8 103.9 65.9 103.8 117.3 191.4 197.0 330.5 1 071.7 2 098.6 2 739.2 3 701.9 4 877.3 5 557.4 5 458.8 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. Note : Data are shown in millions of dollars prior to 1997. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 6 Table 5. FDI flows in the host economy, by industry, 1999–2010 (Millions of Litas) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Mining and quarrying Extraction of crude petroleum and natural gas Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Metal and metal products Machinery and equipment Electrical and electronic equipment Office, accounting and computing machinery Radio, television and communication apparatus Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Hotels and restaurants Transport, storage and communications Transport and storage Land transport Water transport Air transport Supporting and auxilary transport activities Post and communications Post and courier activities Telecommunications Finance Financial Intermediation Monetary intermediation Other financial intermediation Insurance and Pension Funding Activities Auxiliary to Financial Intermediation Business activities Real estate Rental Activities Computer and related activities Research and development Other business activities Other services Private buying and selling of property Unspecified 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 1 945.8 1 515.5 1 783.3 2 665.7 552.2 2 151.3 2 851.9 5 000.2 5 085.4 4 819.2 427.6 1 640.6 10.4 38.8 30.9 19.0 29.0 35.5 91.6 - 14.6 41.8 46.8 73.5 30.5 - 0.6 5.5 6.9 6.7 35.4 17.8 73.6 - 10.0 30.8 33.9 11.9 18.8 11.0 33.3 24.0 12.2 - 6.5 17.7 18.0 - 4.6 10.9 12.9 61.5 11.7 4.6 - 3.9 2.9 - 1.2 1.3 - 11.1 0.6 3.5 7.2 - 4.1 - 2.3 6.5 33.3 27.9 9.4 - 5.3 16.4 29.1 - 5.2 7.4 5.7 65.6 13.9 882.8 188.7 118.7 1 233.6 358.3 1 176.1 716.3 2 684.0 1 296.9 454.5 1 700.8 1 056.6 271.8 133.5 144.3 341.9 53.4 58.4 - 125.1 - 136.8 93.9 111.2 - 67.8 - 58.2 90.5 92.9 - 12.5 - 0.5 - 14.2 - 12.8 30.1 - 27.1 29.8 - 25.4 19.5 4.6 13.7 29.5 19.6 44.2 87.2 33.4 57.1 128.7 69.4 38.6 84.2 4.6 311.7 - 72.8 - 90.0 742.1 - 40.2 389.8 314.9 2 277.2 437.5 - 76.0 1 569.1 611.4 70.2 32.4 20.2 27.7 22.9 50.6 203.9 185.2 351.4 223.6 203.0 380.2 4.5 5.1 22.2 - 3.5 8.1 460.1 119.3 54.7 52.9 24.0 - 41.9 - 3.9 - 2.6 10.0 17.7 5.8 22.1 19.7 0.5 18.0 24.7 33.5 - 7.7 7.3 4.0 1.1 - 2.0 - 0.6 16.6 16.9 7.4 64.2 33.3 - 3.2 - 65.1 21.3 3.7 17.9 21.2 22.8 27.4 26.8 - 40.9 3.3 29.7 6.8 - 4.6 - 55.1 0.0 - 0.0 0.4 0.2 0.2 1.0 0.2 2.8 0.8 0.1 - 3.0 6.9 3.7 17.9 20.9 22.6 27.2 25.9 - 41.1 0.5 28.9 6.7 - 1.6 - 62.0 - - 6.8 2.1 15.4 15.7 3.1 8.6 18.2 13.7 51.1 - 30.1 - 12.4 1.5 86.7 19.1 25.8 18.9 38.5 52.2 49.4 83.7 8.3 2.3 - 3.4 6.4 - 0.6 11.4 17.4 26.3 15.6 - 33.5 40.3 51.1 - 38.4 - 14.7 4.9 80.3 19.6 14.4 1.5 12.2 36.6 82.9 43.4 64.3 - 30.7 - 9.7 52.2 95.2 112.0 107.9 82.0 132.7 60.6 - 55.5 47.1 1 052.6 1 288.0 1 633.6 1 413.1 164.1 938.4 2 043.1 2 330.7 3 543.4 4 182.2 -1 429.6 469.3 - 0.1 44.6 36.6 226.5 119.1 261.4 1 054.3 60.5 219.4 211.3 163.0 337.5 9.1 7.1 5.0 35.9 31.4 53.0 40.3 151.9 21.9 65.7 - 58.0 - 3.5 315.5 126.6 105.7 156.8 109.1 246.4 53.8 408.7 719.2 713.8 - 297.0 209.0 7.9 25.3 3.5 - 4.9 10.2 - 19.6 9.8 - 19.8 80.6 25.5 - 72.4 - 32.4 300.8 13.4 530.2 207.1 136.5 42.4 62.9 267.4 354.0 534.9 - 228.3 155.7 7.5 - 6.7 317.1 - 3.3 45.9 46.2 1.9 50.2 183.6 - 56.4 206.3 189.9 7.5 - 6.8 - 3.4 4.0 8.3 12.2 3.5 21.5 8.5 - 1.4 - 9.7 - 9.3 0.1 320.4 - 7.6 27.5 18.1 - 23.0 6.9 63.3 - 136.3 165.4 149.9 0.3 0.3 0.6 - 1.1 - 2.1 7.7 - 10.3 - 4.0 12.4 9.7 15.3 22.4 23.8 104.1 91.6 54.6 36.9 280.7 40.6 206.8 197.2 90.6 - 3.8 60.9 217.3 170.4 591.3 - 434.6 - 34.2 - - 0.2 1.7 4.9 13.7 6.7 - 7.2 - 4.0 0.8 280.7 40.6 206.8 197.2 90.8 - 5.5 56.0 203.5 163.8 598.5 - 430.5 - 35.0 303.6 870.4 637.1 600.6 - 310.5 205.0 625.3 762.1 1 517.1 1 755.4 -1 522.5 - 263.1 162.4 824.1 626.8 565.1 - 342.6 199.0 573.8 718.0 1 359.3 1 678.2 -1 589.5 - 218.4 149.2 562.1 544.1 251.5 242.7 221.1 503.9 546.0 1 374.0 1 478.9 -1 840.4 - 118.2 13.2 262.0 82.7 313.6 - 585.4 - 22.1 69.9 172.0 - 14.7 199.4 250.9 - 100.2 141.2 46.4 10.4 32.3 26.3 - 0.2 48.0 44.3 157.9 79.0 63.8 - 45.5 0.5 5.9 6.2 3.5 - 0.2 - 0.1 - 1.9 3.2 0.9 94.6 185.1 300.5 123.8 69.7 196.3 172.5 685.1 566.0 857.0 660.5 64.9 46.5 88.7 211.8 92.4 12.8 142.8 51.3 581.8 421.5 474.4 580.1 5.8 22.2 - 15.7 17.9 69.8 88.4 28.5 - 79.6 - 112.8 5.3 5.4 4.5 10.6 38.4 3.5 - 4.7 14.3 17.3 1.5 - 49.7 26.8 0.3 0.3 0.0 0.4 0.8 1.8 9.6 6.1 5.6 9.9 10.3 - 13.0 42.5 90.8 84.2 18.6 - 4.5 63.9 98.4 13.1 33.2 342.7 199.4 158.1 21.3 15.5 15.0 67.3 - 1.4 - 46.5 24.2 14.8 65.3 18.8 - 75.0 1.2 0.9 1.3 1.0 - 203.2 135.6 83.0 84.2 - Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 7 Table 6. FDI flows in the host economy, by geographical origin, 1999–2010 (Millions of Litas) Region / economy Total world 1999 2000 2001 2002 2003 1 945.8 1 515.5 1 783.3 2 665.7 552.2 2004 2005 2006 2007 2008 2 151.3 2 851.9 5 000.2 5 085.4 4 819.2 2009 2010 427.6 1 640.6 1 025.3 Developed countries Europe 1 885.7 1 530.8 1 597.9 2 077.2 424.2 1 531.5 1 774.8 8 638.8 4 137.4 4 014.3 66.4 1 721.5 1 587.6 1 620.9 1 731.2 353.6 1 668.2 2 072.7 8 587.0 4 196.0 3 833.0 - 219.6 1 277.4 European Union 1 283.4 1 375.7 1 635.3 1 640.8 273.0 1 566.8 1 994.1 8 223.5 3 681.4 3 656.3 - 319.6 1 447.4 7.8 - 11.6 - 8.7 - 3.9 8.7 455.7 122.2 - 353.4 63.0 10.2 24.6 - 50.4 Belgium Austria - 1.4 31.6 23.6 17.6 4.2 - 11.3 - 16.7 13.0 32.3 57.1 45.3 - 3.0 Bulgaria - 2.7 - 1.5 - 0.1 0.1 - - 2.0 0.7 0.8 - 2.3 - 4.8 - 9.8 0.1 Cyprus 10.6 - 2.9 - 18.3 93.1 22.6 47.3 - 188.7 519.0 134.7 60.7 - 135.0 166.2 Czech Republic - 13.6 0.1 0.7 0.5 1.1 7.4 18.4 1.8 4.8 5.8 - 14.7 - 3.5 Denmark 372.4 228.7 407.8 317.2 77.5 125.7 500.8 409.2 - 856.9 355.5 - 731.7 - 62.4 Estonia 63.8 231.8 453.2 381.9 - 310.2 158.9 269.1 124.8 314.4 782.4 - 249.9 267.5 Finland 183.4 110.5 52.3 171.6 359.4 114.7 246.2 373.8 - 107.4 - 148.1 - 323.8 193.7 France 14.6 24.1 3.1 61.8 - 10.5 82.3 70.8 14.8 108.1 253.6 - 23.1 106.4 Germany 107.3 2.8 304.4 303.0 60.7 201.7 418.0 224.4 212.8 640.1 203.8 355.0 Hungary - 0.4 0.4 5.9 1.2 6.3 6.0 - 0.4 1.6 - 0.8 4.0 36.2 - 1.5 Ireland 39.5 - 75.3 - 1.9 - 18.2 8.9 25.9 23.4 10.4 82.2 - 28.3 - 8.6 - 39.9 Italy - 44.7 3.3 18.1 24.0 6.3 - 4.3 11.1 - 2.0 - 25.1 - 8.2 19.9 - 13.9 Latvia 13.3 39.1 17.7 81.7 28.6 - 38.8 97.6 87.8 1 137.2 204.5 - 271.3 - 177.7 Luxembourg - 5.7 2.3 - 53.8 - 108.3 42.2 - 57.3 54.5 306.1 71.1 250.2 - 113.3 46.7 - - 0.1 0.2 - - - 139.0 6.4 34.5 105.6 368.6 53.9 46.5 22.8 89.5 - 60.5 55.1 97.6 85.6 26.9 736.9 - 412.3 484.1 301.4 Poland 35.9 50.2 6.5 - 7.7 0.2 28.6 70.4 6 135.0 594.1 118.6 1 654.1 533.9 Slovakia - 2.5 0.1 4.4 0.1 0.5 - 1.3 0.3 0.0 8.9 0.9 14.9 - 26.4 41.5 1.5 - 2.6 1 330.3 -1 313.4 - 97.5 Malta Netherlands Spain - 0.1 3.2 - 14.1 14.9 0.0 - 0.6 - 0.8 13.1 31.3 Sweden 308.5 656.2 281.2 321.0 - 51.1 383.4 174.1 332.4 912.9 United Kingdom 140.6 57.4 74.7 50.5 - 37.2 - 54.9 - 99.3 - 24.0 193.0 40.1 42.6 - 77.1 438.1 211.9 - 14.4 90.3 80.6 101.4 78.6 363.5 514.7 176.7 100.1 - 170.1 Other developed Europe Iceland - 1.4 1.2 11.1 - 5.9 2.2 19.1 18.9 18.0 100.3 - 84.7 12.8 - 20.1 Norway 77.7 91.6 22.4 11.2 61.1 43.0 37.2 259.4 365.9 174.4 11.7 - 84.4 Switzerland 354.7 88.9 - 22.4 67.0 1.2 46.8 20.9 95.1 4.8 131.6 49.1 - 82.3 North America 164.9 - 57.8 - 25.6 344.8 70.7 - 140.7 - 308.3 49.4 - 70.9 177.1 280.2 - 252.3 Canada United States Other developed countries Australia Bermuda 2.9 11.0 - 5.2 26.8 16.0 32.4 6.6 - 4.7 10.1 20.8 27.7 35.3 162.0 - 68.8 - 20.4 317.9 54.7 - 173.1 - 314.9 54.2 - 81.1 156.3 252.5 - 287.6 - 0.6 1.0 2.6 1.3 - 0.1 3.9 10.5 2.4 12.2 4.2 5.8 0.2 - 0.3 - 0.1 - 1.0 - - 0.9 - - - - 1.7 0.4 - 1.7 - 4.3 - 0.1 - - - - 0.1 - 5.2 - 0.8 - 0.8 0.3 0.1 Israel 0.2 0.9 3.8 1.3 0.7 4.0 9.1 3.3 10.1 1.3 8.9 5.1 Japan - 0.5 - - 0.3 - 0.2 - 2.0 - 0.1 - 0.3 0.1 0.4 0.5 37.7 45.0 128.0 47.4 17.3 24.4 35.2 87.8 78.9 299.0 327.8 34.7 1.5 - 1.8 0.4 0.2 1.2 4.5 0.7 - 4.8 - 1.0 2.7 54.0 22.3 4.9 30.2 135.8 55.8 7.1 28.6 - 14.2 89.0 32.3 111.6 186.7 - 153.8 - 3.1 Developing economies Africa Latin America and the Caribbean South and Central America 4.3 22.4 - 7.1 8.6 - 5.2 3.7 - 1.0 3.0 6.5 10.3 1.9 Brazil - - - - - - - - 0.1 0.9 - - - Mexico - - - - - 2.5 1.2 1.8 - 2.0 9.2 4.2 - 13.1 Panama 4.2 22.4 - 7.3 0.7 - 4.3 1.2 - 2.2 1.3 8.5 1.2 - 2.3 7.7 Caribbean 0.5 7.9 142.9 47.2 12.3 24.9 - 13.2 86.1 25.8 101.3 184.8 - 150.7 British Virgin Islands 0.4 7.9 143.2 40.7 12.3 22.8 - 19.7 14.3 23.1 108.6 - 124.6 - 6.9 Cayman Islands 0.1 - - - - 2.1 6.3 70.3 2.8 - 8.9 5.3 - 0.6 30.9 15.0 - 6.0 1.7 1.2 - 8.1 46.8 3.1 45.8 180.1 87.1 166.2 - 1.0 Asia West Asia - 0.9 6.4 5.6 3.3 8.8 4.1 - 14.2 - 0.5 - 0.4 - 10.6 - 2.8 Saudi Arabia 0.3 - 0.4 0.1 0.5 - 1.6 - 1.1 2.4 - 0.1 - 0.3 - 10.8 - 0.1 - 0.1 Turkey 0.1 7.8 6.0 2.6 10.7 4.3 - 16.2 - 0.3 - 0.7 - 0.6 - 2.7 - 0.3 South, East and South-East Asia China India Oceania South-East Europe and CIS South-East Europe Bosnia and Herzegovina CIS Russian Federation Unspecified 31.9 8.6 - 11.7 - 1.6 - 7.7 - 12.2 61.0 3.6 46.2 190.7 89.8 167.2 - 5.5 0.1 0.3 3.6 - 3.2 - 0.3 1.2 - 0.7 - 0.8 - 0.5 1.0 0.7 - - 0.1 0.1 - 0.2 - - 1.6 1.0 1.0 - 2.7 - 0.0 0.5 0.4 1.6 - 2.2 - 10.3 7.8 - 0.7 1.8 0.5 1.8 4.6 - - 6.3 - 39.0 60.2 540.8 145.5 597.9 1 057.5 -3 733.6 858.4 523.9 34.9 568.2 - - 0.8 3.0 - 0.6 - 0.6 0.2 0.1 - 1.2 - 0.0 4.0 - - 0.8 2.2 - 0.6 - 1.5 - - - 1.2 - 3.3 6.3 - 39.0 59.4 537.8 146.1 598.0 1 056.8 -3 733.7 858.3 525.1 34.9 564.3 - 0.3 - 26.1 62.5 537.0 129.7 578.9 1 066.5 -3 750.9 793.0 510.1 22.5 548.2 16.1 - 21.3 - 2.7 0.3 - 34.8 - 2.5 10.8 - 18.1 - 1.5 12.3 - 15.5 7.2 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 8 Table 8. FDI flows abroad, by industry, 1999–2010 (Millions of Litas) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Metal and metal products Machinery and equipment Electrical and electronic equipment Precision instruments Other manufacturing Tertiary Electricity, gas and water Construction Trade Hotels and restaurants Transport, storage and communications Transport and storage Land transport Water transport Supporting and auxilary transport activities Post and communications Telecommunications Finance Financial Intermediation Monetary intermediation Other financial intermediation Activities Auxiliary to Financial Intermediation Business activities Real estate Rental Activities Computer and related activities Other business activities Other services Private buying and selling of property Unspecified 1999 34.5 0.5 0.5 41.8 22.1 0.1 - 0.0 7.1 7.3 4.7 0.4 - 7.8 - 0.2 - 7.9 0.3 - 0.2 0.5 - 2000 14.8 - 0.4 - 0.4 - 7.6 - 8.1 0.2 - 0.5 - 0.3 - 0.7 5.0 - 3.2 22.8 1.4 18.3 - 0.6 0.1 0.1 4.3 4.4 4.4 - 0.6 - 0.3 - 0.3 0.0 - 2001 28.4 0.6 0.6 3.7 3.5 0.4 - 0.1 - 0.1 - 1.0 0.6 0.3 24.1 5.1 0.6 10.3 0.8 0.6 - 0.2 0.9 4.3 4.3 - 0.6 4.9 3.0 0.5 - 0.9 3.4 - 2002 61.2 - 4.0 - 4.0 21.2 16.4 - 1.3 0.3 - 0.7 - 4.2 10.1 0.6 44.1 6.8 22.2 0.7 0.2 - 0.1 0.4 10.6 10.6 - 2.4 13.0 3.8 1.8 - 0.7 2.7 - 2003 116.3 46.7 7.3 1.5 - 2.2 17.0 0.3 19.4 - 5.2 5.7 3.2 55.0 - 1.6 - 8.0 47.8 47.8 0.1 46.1 1.7 5.1 5.1 5.1 11.7 2.8 1.1 7.7 14.7 - 2004 730.6 2.5 2.5 94.2 30.3 3.4 - 1.5 3.8 5.8 0.9 48.8 - 0.7 3.4 634.0 - 0.4 7.6 511.5 34.5 34.5 0.0 34.3 0.2 19.3 19.3 19.3 0.1 61.5 0.1 0.2 1.3 59.9 - 2005 958.7 1.8 1.8 57.0 60.6 - 1.3 2.4 25.7 - 28.5 0.1 - 4.7 0.1 2.6 899.9 19.1 1.9 177.1 27.6 100.0 8.3 1.2 1.9 5.2 91.7 91.7 307.8 307.5 82.5 225.0 0.3 266.4 282.4 0.3 4.4 - 20.6 - 2006 2007 801.6 1 507.5 0.6 0.3 0.6 0.3 242.3 88.4 5.0 70.5 2.5 6.6 4.0 4.1 223.7 12.5 - 3.5 5.1 3.4 3.4 13.3 - 8.7 - 4.4 - 0.3 - 1.6 - 4.7 544.6 1 254.3 - 1.5 1.6 11.7 17.1 247.2 -1 046.7 - 1.3 5.9 149.2 - 77.8 62.0 10.3 2.5 6.7 59.4 - 0.0 0.0 3.7 87.2 - 88.1 87.2 - 88.1 35.6 198.0 34.3 197.8 - 35.2 16.8 69.5 181.0 1.3 0.2 102.7 2 103.3 95.1 366.5 0.6 1.3 - 1.1 2.1 8.1 1 733.4 1.0 53.1 14.2 164.5 - 2008 792.3 - 0.6 - 0.6 69.4 18.0 10.9 1.8 - 20.2 7.9 22.8 24.7 0.6 1.1 1.9 715.5 1.0 - 14.2 140.7 - 7.4 71.3 4.8 10.9 - 0.9 - 5.2 66.5 66.5 288.7 288.8 0.7 288.1 - 0.1 284.9 236.5 1.8 - 2.6 49.1 - 49.5 8.0 - 2009 2010 540.2 334.4 0.0 0.0 - 85.8 6.1 - 42.2 0.5 0.7 6.2 - 1.2 6.6 - 22.7 - 35.7 - 0.5 35.1 - 4.9 6.9 - 14.9 - 4.5 1.9 - 1.9 - 1.6 0.7 - 0.3 - 8.3 626.0 328.3 - 8.7 2.7 210.8 25.8 5.7 - 3.2 67.3 90.2 60.1 138.6 0.0 - 11.0 58.6 147.0 1.4 2.6 7.2 - 48.4 7.2 - 48.4 - 69.7 81.0 - 69.6 81.0 7.3 47.5 - 76.8 33.5 - 0.2 416.3 132.5 334.0 - 213.4 0.9 0.4 - 3.0 - 4.1 84.4 349.0 4.3 - 0.8 - Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 9 Table 9. FDI flows abroad, by geographical destination, 1999–2010 (Millions of Litas) Region / economy Total world 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 34.5 14.8 28.4 61.2 116.3 730.6 958.7 801.6 1 507.5 792.3 540.2 334.4 Developed countries Europe 39.0 10.5 20.0 14.8 47.1 616.8 624.3 644.8 1 289.8 652.3 511.2 194.3 37.4 11.4 18.3 12.9 49.5 616.3 629.5 644.7 1 285.4 656.6 511.0 194.4 European Union 37.4 11.4 18.3 12.9 49.5 616.3 519.8 644.4 1 276.9 661.4 520.6 290.7 - 0.0 Austria - - - 1.4 - - - 0.1 - 0.2 - 0.4 - 0.4 Belgium - - 0.2 - 1.8 8.8 - 0.2 - 1.4 2.0 - 17.0 16.6 0.3 Bulgaria - - - 0.2 - 0.1 34.5 16.1 - 15.4 - 24.8 - 35.7 - 4.8 Cyprus - - 0.3 - 0.6 - 45.8 34.6 1.3 61.2 16.7 121.5 86.0 188.2 Czech Republic - - 0.2 0.7 0.6 1.7 - 35.9 2.4 - 5.0 - 0.6 5.1 0.7 0.1 - 0.4 - - 0.1 - - 0.1 - 0.1 32.4 - 1.3 78.8 72.3 - 15.4 Estonia 23.3 8.4 10.5 4.0 - 13.1 20.7 62.2 43.3 56.3 26.7 - 185.0 18.8 Finland - - 0.4 - - 0.1 - 3.5 - 3.5 - 1.0 3.9 - 0.8 France Denmark - 0.4 - 0.6 - 1.1 - 10.1 - 0.3 5.4 0.7 5.9 - 10.2 - 0.1 Germany 1.6 3.8 - 0.9 - 1.2 5.3 2.2 0.9 5.2 - 4.5 5.1 9.4 37.7 Hungary 0.1 - 0.4 - - 1.0 - - - - - 0.1 1.5 1.2 - 5.8 - 0.1 - 0.2 - - - - - - 1.5 - 1.5 0.0 2.5 - 2.3 0.5 0.7 - 0.2 - 0.4 - - - 0.4 0.0 - 0.4 - 14.1 3.8 6.6 6.0 0.3 541.1 283.2 165.3 942.0 12.3 - 15.5 - 58.9 - 0.5 0.1 - 5.0 - 0.1 0.1 - 4.7 132.3 375.3 605.9 117.4 1.8 - 1.4 1.5 0.9 - 1.2 6.5 45.8 241.8 16.2 61.1 - 105.4 - 12.6 Ireland Italy Latvia Netherlands Poland Portugal - - - - - - - 5.9 - 0.4 7.7 1.2 - 1.4 Romania 0.1 - 0.1 0.1 - 0.5 0.7 57.5 31.9 - 22.7 - 19.0 53.5 0.6 Slovakia - - 0.2 0.1 - 3.5 - 28.4 - 2.8 0.6 0.4 - 1.1 - 22.0 Slovenia - - - - - - - - - 0.0 - 0.0 - Spain Sweden - - 0.5 0.1 - 0.7 - 0.2 0.7 1.2 - 0.2 - 3.7 0.1 2.9 0.2 0.4 1.0 United Kingdom - - - 0.0 0.6 0.6 44.2 51.7 150.7 35.2 18.6 36.8 - - - - - - 109.7 0.2 8.5 - 4.8 - 9.6 - 96.3 Other developed Europe Iceland - - - - - - - 0.2 - 0.2 - - Norway - - - - - - 109.7 0.1 8.5 - - 14.5 - 96.3 Switzerland - - - - - - - - - - 4.9 4.9 - North America 1.6 - 0.9 1.7 1.9 - 2.4 0.5 - 5.2 0.1 4.4 - 4.6 0.4 - 0.1 1.6 - 0.9 1.7 1.9 - 2.4 0.5 - 5.2 0.1 4.4 - 4.6 0.4 - 0.1 - - - 3.9 1.3 - 3.9 - 1.7 - - 0.6 1.9 4.1 - - - 3.9 1.3 - 3.9 - 1.7 - - - - - South America - - - - 1.3 - - 1.1 - - - - - Argentina - - - - 1.3 - - 1.1 - - - - - - - - 3.9 - - 3.9 - 0.6 - - - - - Canada Developing economies Latin America and the Caribbean Central America Panama Asia South, East and South-East Asia - - - - - - - 0.6 - - - - - - - - - - - - - - 0.6 1.9 4.1 - - - - - - - - - 0.6 1.9 3.7 - - - - - - - - - 0.6 1.9 3.7 - 4.5 4.3 8.4 42.6 67.9 117.8 336.2 156.8 217.7 139.4 27.1 136.1 - 4.4 4.3 13.3 8.9 17.8 12.2 39.6 77.4 16.7 - 42.0 109.7 Bosnia and Herzegovina - 4.4 4.1 13.3 9.2 17.8 5.7 0.4 1.5 - 0.2 - 32.7 118.7 Croatia - - 0.2 - - 0.3 - 6.2 3.5 - 4.5 - 4.2 - 0.7 - Serbia - - - - - - - 35.6 80.3 21.1 - 8.6 - 9.0 - 4.5 - 0.2 4.1 29.3 59.0 100.0 323.9 117.3 140.4 122.8 69.1 26.4 - 6.8 4.3 0.1 8.5 3.0 3.3 6.6 9.9 16.5 15.8 14.8 62.0 - - - 0.8 - 1.6 0.3 0.7 - 0.7 - 1.0 0.6 - 0.9 0.1 0.4 - - 0.1 - 0.4 - - - - - - - - - - - - - 0.4 - 0.4 - 0.3 - 0.1 0.1 - 5.9 - 9.4 2.2 20.8 50.9 83.9 121.3 100.2 22.9 140.3 - 51.9 - 46.2 - - 3.7 - 2.9 - 0.5 - - - - - - - 2.3 2.9 - 2.4 - 0.6 - 2.3 - - - - - - - China South-East Europe and CIS South-East Europe CIS Belarus Kazakhstan Kyrgyzstan Moldova, Republic of Russian Federation Tajikistan Turkmenistan Ukraine 3.5 0.5 1.5 3.2 9.0 12.3 195.5 6.8 101.6 - 32.7 70.8 7.0 Uzbekistan 2.2 1.1 - 1.1 - 0.4 - 1.8 - - 0.1 - - - 0.2 - Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 10 Table 11. FDI stocks in the host economy, by industry, 1999–2010 (Millions of Litas) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Mining and quarrying Extraction of crude petroleum and natural gas Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Metal and metal products Machinery and equipment Electrical and electronic equipment Office, accounting and computing machinery Radio, television and communication apparatus Precision instruments Motor vehicles and other transport equipment Motor vehicles, trailers and semi-trailers Other transport equipment Other manufacturing Tertiary Electricity, gas and water Construction Trade Hotels and restaurants Transport, storage and communications Transport and storage Land transport Water transport Air transport Supporting and auxilary transport activities Post and communications Post and courier activities Telecommunications Finance Financial Intermediation Monetary intermediation Other financial intermediation Insurance and Pension Funding Activities Auxiliary to Financial Intermediation Business activities Real estate Rental Activities Computer and related activities Research and development Other business activities Other services Private buying and selling of property Unspecified 1999 8 252 121 42 79 5 74 2 625 974 355 190 57 246 97 35 33 112 1 111 225 225 302 5 506 0 58 2 024 209 1 681 63 62 1 1 464 1 464 1 127 830 794 36 296 318 139 18 1 161 90 - 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 9 337 10 662 13 184 13 699 16 193 23 896 28 925 35 504 32 040 33 696 35 100 145 175 184 227 268 328 327 383 457 456 487 45 51 61 112 128 168 170 196 269 279 306 100 124 123 115 140 160 156 187 188 177 180 40 39 54 44 45 68 70 66 70 100 124 83 77 86 116 112 119 119 111 110 2 686 2 729 3 864 4 260 5 503 9 458 11 510 12 586 7 328 9 242 10 117 1 077 1 157 1 481 1 602 1 670 1 619 1 434 1 523 1 554 1 513 1 411 434 430 408 404 359 481 433 450 403 395 374 233 245 284 350 379 411 528 589 621 743 650 -7 - 99 611 548 938 3 617 6 094 5 641 1 273 2 864 3 512 178 192 211 232 390 1 203 1 293 2 471 1 413 1 889 2 473 107 108 103 118 567 688 241 293 309 284 313 46 64 74 82 97 103 123 136 178 147 140 29 35 33 52 73 280 228 176 84 77 101 129 142 162 181 220 94 36 76 84 81 59 1 1 1 4 4 7 8 7 4 44 129 141 162 180 216 90 29 68 78 77 14 50 57 71 87 89 69 95 108 192 151 149 243 261 292 323 338 383 466 307 9 11 14 21 22 36 56 82 92 67 69 183 141 135 222 239 257 267 256 291 398 238 266 304 348 399 493 599 690 804 959 689 670 6 506 7 759 9 136 9 209 10 417 14 105 17 082 21 637 23 188 23 319 23 808 238 272 479 605 1 199 2 994 3 049 3 206 2 354 2 660 3 019 70 69 142 159 194 283 475 549 632 627 541 2 121 2 178 2 283 2 454 2 584 2 637 3 085 3 981 4 471 4 479 4 538 214 226 197 225 195 212 202 263 307 244 212 1 751 1 999 2 253 2 344 2 320 3 269 3 130 4 443 4 541 4 720 5 162 34 356 334 452 493 342 335 682 569 742 871 33 25 38 48 56 58 80 94 119 126 113 0 330 296 322 329 140 88 326 189 329 438 1 1 10 14 17 12 7 8 81 108 134 153 246 250 280 312 1 588 1 570 1 831 1 893 1 827 2 926 2 795 3 761 3 972 3 978 4 291 4 8 15 29 34 16 12 13 1 588 1 570 1 831 1 889 1 820 2 911 2 766 3 727 3 956 3 966 4 279 1 514 2 121 2 643 2 156 2 338 2 944 4 604 5 946 5 338 4 922 4 410 1 325 1 888 2 353 1 828 1 996 2 552 4 165 5 355 4 672 4 330 3 861 842 1 321 1 518 1 733 1 932 2 412 3 856 5 042 4 212 3 632 3 433 484 567 836 94 63 140 309 313 460 698 428 189 233 281 309 315 367 410 560 635 559 512 2 19 27 25 28 31 31 33 37 489 759 936 1 004 1 377 1 525 2 265 2 901 5 151 5 363 5 646 252 455 558 629 912 932 1 583 2 047 3 813 3 968 4 223 89 56 67 130 224 316 261 135 22 31 51 86 92 82 103 120 122 128 115 1 1 3 3 5 13 19 24 52 65 10 214 272 267 197 312 430 431 487 848 941 1 164 109 135 203 262 209 240 271 347 394 304 279 4 5 6 6 898 1 066 678 688 - Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 11 Table 12. FDI stocks in the host economy, by geographical origin, 1999–2010 (Millions of Litas) Region / economy Total world 1999 2001 2002 2003 2004 2005 2006 2007 2008 2009 8 252 2000 9 337 10 662 13 184 13 699 16 193 23 896 28 925 35 504 32 040 33 696 2010 35 100 Developed countries Europe 7 857 8 932 10 108 12 106 12 681 14 537 17 761 26 728 31 314 29 499 30 382 31 005 6 704 7 952 9 167 10 876 11 411 13 361 16 944 25 878 30 427 28 360 29 248 30 118 European Union 5 875 7 000 8 337 10 020 10 477 12 351 15 797 24 295 28 321 26 068 26 558 27 330 Austria 58 63 46 42 49 506 518 131 194 218 246 189 Belgium 34 68 113 63 67 56 43 55 80 142 202 190 1 014 Cyprus 61 57 33 123 166 280 205 702 825 973 845 Czech Republic 13 12 13 14 15 23 47 47 56 64 52 47 801 1 704 1 983 2 262 2 374 2 466 3 792 4 396 4 491 2 756 3 357 3 701 Denmark Estonia 342 597 1 071 1 547 1 151 1 239 1 777 1 713 2 030 2 743 2 498 2 265 Finland 872 563 619 815 1 173 1 256 1 526 1 933 1 811 1 768 1 594 1 602 98 104 105 167 155 211 267 282 464 711 754 844 632 689 985 1 264 1 335 1 839 2 552 2 792 3 040 3 176 3 446 3 569 France Germany Hungary Ireland 2 2 9 4 10 16 16 18 15 16 51 31 231 110 74 28 32 54 92 107 267 249 295 171 Italy 27 22 46 76 86 75 111 102 96 86 68 51 Latvia 71 109 132 196 212 181 301 412 1 633 1 968 1 421 1 328 295 317 269 155 201 142 232 790 634 792 713 860 0 - 0 0 0 - 140 144 174 299 666 703 Netherlands 117 107 194 240 468 704 705 711 1 496 2 116 2 311 2 498 Poland 4 088 Luxembourg Malta 163 205 229 283 278 290 393 6 493 6 259 1 922 3 561 Slovakia 7 7 11 11 12 10 9 17 26 26 35 20 Sweden 1 444 1 618 1 721 2 016 2 010 2 435 2 644 3 040 4 057 5 319 3 942 3 870 589 624 690 709 679 562 426 393 621 667 514 340 829 27 952 15 829 27 856 15 934 16 1 010 23 1 148 41 1 583 125 2 106 234 2 292 159 2 690 195 2 788 175 United Kingdom Other developed Europe Iceland Norway 315 397 399 389 421 461 489 766 1 098 1 249 1 242 1 162 Switzerland 456 452 343 374 392 427 414 496 537 694 861 873 North America 1 150 976 935 1 227 1 258 1 161 789 820 804 985 1 063 820 46 58 53 85 95 127 135 119 127 148 172 217 1 103 918 883 1 142 1 162 1 034 654 702 677 837 891 603 3 4 6 3 12 14 27 30 82 154 72 67 Israel 2 2 6 3 5 9 19 23 64 132 56 57 Japan 0 0 - - 0 0 2 2 3 3 3 3 New Zealand - - - - - - 6 5 10 12 11 9 134 205 314 319 170 221 176 228 412 605 915 909 Canada United States Other developed countries Developing economies Africa Latin America and the Caribbean South and Central America 2 0 1 0 4 8 8 4 3 4 84 142 36 67 187 233 73 127 50 112 224 236 400 194 27 49 17 23 18 19 14 16 25 35 60 53 Belize 0 0 0 7 6 6 - - 2 2 3 5 Mexico - - - - - 1 2 3 1 11 15 2 27 49 17 16 12 12 12 13 19 21 42 46 141 Panama Caribbean British Virgin Islands Asia and Oceania Asia 9 18 171 210 55 108 36 96 200 200 339 8 17 170 203 54 106 41 23 38 154 39 32 96 139 126 86 94 86 118 112 184 364 431 572 96 122 112 86 90 82 112 106 175 351 429 571 40 56 59 52 64 68 35 20 24 14 9 7 Saudi Arabia 11 19 18 9 12 10 17 16 19 8 7 7 Turkey 29 36 41 42 52 57 17 3 4 4 0 -1 West Asia United Arab Emirates South, East and South-East Asia China - 0 0 0 0 1 0 - - 1 0 0 55 66 53 35 25 14 78 86 151 338 421 564 9 10 11 11 14 11 7 8 9 12 7 8 India - - 0 0 - 0 2 2 4 1 1 2 Korea, Republic of 8 6 4 4 1 1 1 9 54 54 55 1 554 Thailand Oceania South-East Europe and CIS South-East Europe CIS Belarus Russian Federation 0 0 - - - - 62 62 80 274 356 0 16 14 - 4 4 6 6 9 13 1 1 154 117 186 706 831 1 421 5 935 1 864 3 640 1 882 2 335 3 102 0 - 1 4 4 4 4 5 2 0 0 4 153 117 186 703 828 1 417 5 931 1 860 3 639 1 881 2 335 3 098 9 4 3 2 6 18 21 26 128 147 124 127 114 94 167 687 796 1 366 5 880 1 804 3 467 1 682 2 150 2 912 Ukraine 22 11 8 6 7 12 7 8 17 18 25 32 Unspecified 107 83 53 52 17 14 25 103 138 55 64 84 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 12 Table 14. FDI stocks abroad, by industry, 1999–2010 (Millions of Litas) Sector / industry 1999 2000 2001 2002 2003 Total Primary Agriculture, hunting, forestry and fishing Mining, quarrying and petroleum Secondary Food, beverages and tobacco Textiles, clothing and leather Wood and wood products Publishing and printing Coke, petroleum products and nuclear fuel Chemicals and chemical products Rubber and plastic products Non-metallic mineral products Metal and metal products Machinery and equipment Electrical and electronic equipment 2004 2005 2006 2007 2008 103.8 117.3 191.4 197.0 330.5 1 071.7 2 098.6 2 739.2 3 701.9 4 877.3 3.8 3.4 4.0 2.5 4.3 5.7 6.0 5.4 3.8 3.4 4.0 2.5 4.3 5.7 6.0 5.4 68.9 58.5 61.9 81.8 159.6 265.7 357.0 650.4 752.4 795.0 33.9 22.8 26.7 41.5 46.9 77.5 138.2 135.0 200.4 189.4 0.9 1.0 1.4 0.4 1.6 5.2 6.5 10.5 21.8 31.2 0.7 0.4 - 0.3 0.1 8.0 4.3 6.3 10.1 13.1 12.7 7.4 7.2 7.1 7.1 7.1 14.8 14.1 13.1 12.4 10.2 11.6 38.1 313.6 344.7 324.2 38.0 34.7 35.3 31.9 37.0 54.1 0.1 0.1 0.1 0.1 0.3 1.2 1.4 4.8 8.4 34.0 6.6 11.7 12.2 8.1 27.1 108.0 103.9 117.2 106.9 123.7 0.1 10.1 5.3 1.6 Office, accounting and computing machinery 0.3 Radio, television and communication apparatus 0.1 10.1 5.3 1.2 Precision instruments 6.5 6.1 6.2 1.6 1.3 2.4 Motor vehicles and other transport equipment Other transport equipment Other manufacturing 4.3 1.2 1.5 2.1 8.8 17.2 21.1 25.7 18.7 21.8 Tertiary 31.1 55.4 125.6 115.2 156.2 788.8 1 722.6 2 054.3 2 750.2 3 875.5 Electricity, gas and water 5.0 5.0 2.5 2.9 21.9 19.1 20.7 21.7 Construction 1.0 2.4 3.6 9.0 10.5 14.5 14.8 29.4 49.5 52.0 Trade 25.2 44.5 76.7 73.4 57.8 570.9 764.8 613.0 432.4 610.0 Hotels and restaurants 27.6 20.4 26.3 54.0 Transport, storage and communications 1.5 0.9 1.6 2.2 50.8 84.1 183.9 329.0 251.3 320.7 Transport and storage 0.7 0.7 1.2 1.5 50.8 84.1 92.2 150.0 160.3 163.1 Post and communications 91.7 179.0 90.9 157.6 Finance 0.6 4.9 31.3 14.5 18.2 37.5 412.6 453.3 670.5 955.3 Financial Intermediation 4.4 29.9 13.1 18.2 37.5 412.0 451.1 518.8 953.5 Insurance and Pension Funding 0.6 0.5 1.3 1.3 Activities Auxiliary to Financial Intermediation 0.0 0.0 0.6 2.2 151.8 1.8 Business activities 2.8 2.8 7.3 11.2 16.3 78.8 297.0 589.1 1 245.5 1 857.5 Real estate 0.8 0.4 0.5 2.3 5.2 6.1 240.3 525.3 883.3 1 416.2 Rental Activities 0.2 0.5 1.1 2.4 4.3 Computer and related activities 0.9 0.9 0.7 0.3 1.3 2.6 7.4 5.9 8.1 5.3 Research and development 0.3 Other business activities 1.2 1.5 6.1 8.5 9.8 69.9 48.9 56.8 351.8 431.4 Public administration and defence Education Health and social services Community, social and personal service activities Other services 0.2 1.0 54.1 4.4 Unspecified Private buying and selling of property 14.7 14.7 14.7 28.8 193.3 201.3 2009 2010 5 557.4 5.5 5.5 708.5 152.0 31.4 16.0 324.6 67.0 29.0 58.6 2.9 0.3 2.6 0.8 0.0 0.0 26.2 4 642.2 21.5 45.0 938.5 61.7 472.3 307.4 164.9 794.2 792.6 1.6 2 299.7 1 734.7 5.2 6.8 0.3 552.7 9.4 201.3 5 458.8 4.9 4.9 653.2 96.8 35.5 29.9 288.6 102.7 35.7 47.3 1.6 0.3 1.2 1.2 0.5 0.5 13.2 4 633.2 20.7 46.8 798.0 54.9 557.3 441.3 116.0 538.5 536.5 0.5 1.6 2 603.7 1 087.1 5.6 4.3 0.9 1 505.8 13.3 167.5 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 13 Table 15. FDI stocks abroad, by geographical destination, 1999–2010 (Millions of Litas) Region / economy Total world 1999 2004 2005 2006 2007 2008 2009 2010 103.8 2000 117.3 2001 191.4 2002 197.0 2003 330.5 1 071.7 2 098.6 2 739.2 3 701.9 4 877.3 5 557.4 5 458.8 Developed countries Europe 70.6 81.2 99.8 113.0 161.5 775.6 1 448.5 1 899.6 2 613.0 3 647.8 4 301.4 4 285.4 66.5 78.0 94.9 106.2 157.1 770.8 1 448.1 1 899.1 2 608.1 3 647.2 4 300.6 4 283.9 European Union 66.5 77.8 94.8 106.0 157.0 770.8 1 338.4 1 789.1 2 489.6 3 541.9 4 196.6 4 266.7 Austria - - 0.2 1.6 0.6 0.6 0.6 0.4 0.3 0.5 0.3 0.3 Belgium - - 0.2 0.2 2.1 10.9 10.7 9.3 11.3 - 5.7 10.9 11.2 Bulgaria Cyprus Czech Republic - - - 0.2 0.2 0.2 36.4 52.6 37.2 351.9 349.7 99.3 3.0 2.7 2.1 1.0 46.6 81.1 82.8 139.7 155.9 276.3 325.5 574.4 - - 0.4 1.7 2.3 2.3 9.0 11.4 6.1 5.6 1.6 2.3 0.6 0.2 0.3 0.2 0.2 0.3 0.2 32.6 31.3 110.1 210.8 195.2 Estonia 23.7 29.8 41.2 41.6 29.5 50.6 116.4 207.4 261.0 296.6 122.1 137.8 Finland - - 0.4 0.5 0.5 - 3.5 0.0 - 1.5 6.9 5.8 France 1.9 1.4 0.3 0.4 10.5 10.2 10.5 15.6 16.3 22.2 12.0 11.9 64.0 Denmark Germany 3.7 7.5 6.5 5.3 11.4 13.5 14.5 20.2 15.7 20.9 30.7 Hungary 0.1 0.1 0.8 1.0 - - - - - 0.0 2.0 3.2 Ireland 1.1 1.1 - - - - - - - 1.5 0.7 0.8 Italy Latvia 2.5 0.2 1.1 2.1 1.9 0.9 0.9 0.7 0.3 0.4 - - 26.5 32.6 36.5 45.1 43.0 586.4 865.7 750.3 1 088.5 1 108.4 1 055.8 950.3 Netherlands 0.1 0.6 0.1 - 5.0 4.9 5.0 0.4 132.7 508.8 1 162.5 1 405.8 Poland 2.9 1.4 3.4 3.4 2.3 6.8 58.1 351.2 381.4 448.8 429.4 434.9 Portugal Romania 0.1 0.1 0.4 0.5 - 0.7 - 5.9 55.8 - 6.3 87.7 1.4 71.1 2.6 80.1 77.0 1.4 73.0 Slovakia - - 0.2 0.2 - - 28.4 25.6 33.6 34.7 24.1 - Spain - - - - - - 0.1 0.1 1.2 - 2.5 0.6 1.0 0.2 0.2 0.6 1.0 0.2 0.1 - 0.8 0.6 0.8 1.0 1.7 - - - - 0.7 1.3 45.6 89.5 243.8 278.3 373.0 291.9 17.2 Sweden United Kingdom Other developed Europe - 0.1 0.1 0.1 0.1 - 109.7 110.0 118.5 105.3 103.9 Iceland - - - - - - - 0.2 0.2 0.3 - - Norway - 0.1 0.1 0.1 0.1 - 109.7 109.8 118.3 109.8 103.8 17.1 Switzerland - - - - - - - - - - 4.8 0.1 0.1 North America 4.1 3.2 4.9 6.8 4.4 4.9 0.4 0.5 4.9 0.3 0.8 1.4 4.1 3.2 4.9 6.8 4.4 4.9 0.4 0.5 4.9 0.3 0.7 1.3 - - - - - - - - - 0.2 - - - - - 3.9 5.2 1.7 - - - 0.7 2.7 6.7 - Canada Other developed countries Developing economies Latin America and the Caribbean South and Central America Argentina - - - 3.9 5.2 1.7 - - - - - - - - 3.9 5.2 1.7 - - - - - - - - - - 1.3 1.1 - - - - - - Mexico - - - 3.9 3.9 - - - - - - Panama - - - - - 0.6 - - - - - - - - - - - - - - - 0.6 2.6 6.6 - - - - - - - - - 0.6 2.6 6.3 - - - - - - - - - 0.6 2.6 6.3 33.1 36.1 91.6 80.2 163.8 294.3 650.1 839.6 1 089.0 1 228.9 1 253.4 1 166.8 Asia South, East and South-East Asia China South-East Europe and CIS South-East Europe - 4.4 14.9 16.0 24.9 39.6 60.3 99.9 177.3 193.9 151.9 174.6 Bosnia and Herzegovina - 4.4 14.7 15.7 24.9 39.0 53.2 53.6 55.1 54.9 22.2 123.9 Croatia - - 0.2 0.3 - - 6.2 9.7 5.3 1.1 0.4 0.4 Serbia - - - - - - - 36.6 116.9 138.0 129.3 50.3 CIS 33.1 31.7 76.8 64.2 138.9 254.7 589.8 739.7 911.7 1 034.9 1 101.5 992.1 Belarus 1.0 4.1 4.0 12.4 8.6 13.7 24.5 36.9 53.8 69.1 152.4 205.7 Kazakhstan 0.2 0.2 0.2 0.2 0.2 1.8 2.3 3.0 2.3 4.0 5.1 4.2 Kyrgyzstan 0.4 0.9 0.9 0.8 - - - - - - 0.0 0.0 22.4 13.0 38.5 30.0 98.3 199.4 297.0 430.9 469.5 594.7 525.6 403.7 Turkmenistan 2.8 5.8 3.4 2.8 - - - - - - - - Ukraine 3.3 3.7 22.6 14.2 30.1 39.3 265.1 268.4 385.7 366.3 382.2 341.6 Uzbekistan 3.1 4.1 3.5 3.2 0.5 0.5 0.5 0.5 0.5 0.5 1.0 0.9 Russian Federation Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 14 Table 20. The number of foreign affiliates of home-based TNCs, by industry abroad, 1999–2009 (Number) Sector / industry 1999 2000 2001 2002 2003 2004 2005 2006 - - - - - - - - 504 511 - - - - - - - - 1 3 1 - - - - - - - - 1 1 1 Secondary - - - - - - - - 70 62 64 Tertiary - - - - - - - - 433 446 373 Construction - - - - - - - - 24 35 33 Trade - - - - - - - - 262 261 221 Total Primary Mining, quarrying and petroleum 2007 2008 2009 438 Hotels and restaurants - - - - - - - - 10 7 6 Transport, storage and communications - - - - - - - - 31 35 29 Finance - - - - - - - - 7 8 6 Business activities - - - - - - - - 97 96 70 Education - - - - - - - - 1 2 2 Community, social and personal service activities - - - - - - - - 1 2 4 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 15 Table 21. The number of foreign affiliates of home-based TNCs, by geographical location abroad, 1999–2009 (Number) Region / economy Total world Developed countries Europe European Union 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 - - - - - - 436 479 504 511 - - - - - - 237 275 297 300 438 244 - - - - - - 236 274 296 299 243 242 - - - - - - 235 273 296 299 Austria - - - - - - 5 3 - - - Belgium - - - - - - 2 2 2 2 2 Bulgaria - - - - - - 3 6 9 10 7 Cyprus - - - - - - - 2 2 3 2 Czech Republic - - - - - - 2 2 3 3 1 Denmark - - - - - - 2 3 3 4 2 Estonia - - - - - - 30 33 42 49 39 Finland - - - - - - 1 1 2 3 4 France - - - - - - 1 1 2 2 2 Germany - - - - - - 4 3 2 3 2 Hungary - - - - - - - 1 1 1 2 Ireland - - - - - - 1 - - - - Latvia - - - - - - 147 161 162 149 124 Netherlands - - - - - - 1 1 3 5 6 Poland - - - - - - 19 27 27 24 28 Romania - - - - - - 3 9 15 16 13 Slovakia - - - - - - 7 12 15 20 1 Spain - - - - - - 1 1 - - 2 Sweden - - - - - - 2 3 4 3 3 United Kingdom - - - - - - 4 2 2 2 2 - - - - - - 1 1 1 1 - - 1 1 Other developed Europe Norway North America United States Developing economies - - - - - - 1 1 1 1 1 - - - - - - 1 1 1 1 1 3 - - - - - - 1 1 1 2 Africa - - - - - - 1 - - - - Latin America and the Caribbean - - - - - - - 1 1 1 1 South and Central America 1 - - - - - - - 1 1 1 Colombia - - - - - - - 1 1 1 1 South-East Europe and CIS - - - - - - 198 203 206 209 191 South-East Europe - - - - - - 4 5 3 3 3 Bosnia and Herzegovina - - - - - - 2 3 1 1 2 Croatia - - - - - - 1 1 1 1 1 - - - - - - 194 198 203 206 188 CIS Azerbaijan - - - - - - - - 1 - 1 Belarus - - - - - - 54 51 41 42 42 Georgia - - - - - - - - 1 2 5 Kazakhstan - - - - - - 8 7 7 10 9 Russian Federation - - - - - - 85 82 82 76 68 Ukraine - - - - - - 46 58 68 72 58 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 16 Table 22. The number of affiliates of foreign TNCs in the host economy, by industry, 1998–2008 (Number) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Forestry and Fishing Mining, quarrying and petroleum Mining and quarrying Secondary Tertiary 1998 1999 2000 2001 2002 2003 - - - - - - 2004 1 879 2005 2 228 2006 2 357 2007 2 430 2008 - - - - - - 18 21 25 17 21 - - - - - - 8 11 15 7 13 2 685 - - - - - - 8 11 15 7 13 - - - - - - 10 10 10 10 8 - - - - - - 10 10 10 10 8 - - - - - - 400 446 478 444 460 - - - - - - 1 461 1 761 1 854 1 969 2 204 Electricity, gas and water - - - - - - 8 15 17 17 18 Construction - - - - - - 48 66 82 71 84 Trade - - - - - - 754 856 856 910 969 Hotels and restaurants - - - - - - 49 58 57 68 86 Transport, storage and communications - - - - - - 156 181 204 201 231 Business activities - - - - - - 396 530 587 645 746 Education - - - - - - 6 8 8 8 10 Health and social services - - - - - - 9 7 7 9 11 Community, social and personal service activities - - - - - - 35 40 36 40 49 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 17 Table 23. The number of affiliates of foreign TNCs in the host economy, by geographical origin, 1998–2008 (Number) Region / economy Total world Developed countries Europe European Union 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 - - - - - - 1 879 2 228 2 357 2 430 - - - - - - 1 706 2 029 2 136 2 203 2 685 2 434 - - - - - - 1 536 1 834 1 954 2 052 2 264 1 996 - - - - - - 1 377 1 630 1 729 1 813 Austria - - - - - - 17 17 18 19 29 Belgium - - - - - - 23 39 46 39 37 Bulgaria - - - - - - 3 3 2 4 4 Cyprus - - - - - - 17 17 19 34 52 Czech Republic - - - - - - 10 12 11 13 15 Denmark - - - - - - 161 164 177 186 192 Estonia - - - - - - 121 161 168 186 195 Finland - - - - - - 117 148 158 168 180 France - - - - - - 53 58 57 57 61 Germany - - - - - - 294 326 337 328 341 Hungary - - - - - - 5 6 6 3 4 Ireland - - - - - - 15 21 25 29 34 Italy - - - - - - 35 41 47 46 50 Latvia - - - - - - 119 146 156 182 211 27 Luxembourg - - - - - - 14 25 23 26 Malta - - - - - - 2 2 2 6 9 Netherlands - - - - - - 63 69 81 79 114 Poland - - - - - - 70 66 70 75 94 Spain - - - - - - 2 8 8 11 14 Sweden - - - - - - 126 149 165 177 186 - - - - - - 89 159 115 204 113 225 110 239 111 268 United Kingdom Other developed Europe Iceland - - - - - - 7 15 21 27 23 Norway - - - - - - 112 141 155 153 179 Switzerland - - - - - - 30 37 42 50 55 - - - - - - 150 166 152 130 138 North America Canada - - - - - - 13 12 9 7 7 United States - - - - - - 137 154 143 123 131 Other developed countries - - - - - - 20 29 30 21 32 Israel - - - - - - 13 18 18 11 19 Japan - - - - - - 6 7 8 7 9 New Zealand - - - - - - - 3 2 2 3 75 Developing economies - - - - - - 52 59 71 74 Africa - - - - - - 4 3 3 6 3 Latin America and the Caribbean - - - - - - 6 8 20 18 17 12 South and Central America - - - - - - 3 5 15 11 Brazil - - - - - - - - 1 1 - Belize - - - - - - 1 - 1 2 4 Panama - - - - - - 2 4 12 7 7 Caribbean - - - - - - 3 3 5 7 5 British Virgin Islands - - - - - - 1 1 3 5 4 Cayman Islands - - - - - - 2 1 - - - - - - - - - 42 48 48 50 55 Asia and Oceania Asia - - - - - - 41 47 47 49 55 - - - - - - 9 9 12 13 14 Lebanon - - - - - - 3 2 1 3 3 Turkey - - - - - - 5 5 8 8 10 West Asia South, East and South-East Asia China - - - - - - 32 38 35 36 41 - - - - - - 25 29 26 29 32 Hong Kong, China - - - - - - 2 2 2 2 2 India - - - - - - 1 1 2 2 2 Oceania - - - - - - 1 1 1 1 - - - - - - - 111 130 131 138 154 - - - - - - 1 1 2 2 2 - - - - - - 1 1 2 2 2 - - - - - - 110 129 129 136 152 Belarus - - - - - - 18 25 20 24 35 Russian Federation - - - - - - 73 84 87 92 95 - - - - - - 10 10 19 15 22 South-East Europe and CIS South-East Europe Croatia CIS Unspecified Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 18 Table 32. Employment of foreign affiliates of home-based TNCs, by industry abroad, 1999–2009 (Thousands of employees) Sector / industry 1999 2000 2001 2002 2003 2004 - - - - - - - - 25.26 26.95 Secondary - - - - - - - - 5.29 5.74 7.14 Tertiary - - - - - - - - 19.55 19.89 15.85 Construction - - - - - - - - 1.16 1.03 0.96 Trade - - - - - - - - 15.51 17.37 13.65 Total 2005 2006 2007 2008 2009 24.61 Hotels and restaurants - - - - - - - - 1.18 - - Transport, storage and communications - - - - - - - - 0.53 0.40 0.28 Finance - - - - - - - - 0.04 - 0.04 Business activities - - - - - - - - 1.14 1.10 0.92 - - - - - - - - 0.41 1.31 1.62 Unspecified Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. - ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 19 Table 33. Employment of foreign affiliates of home-based TNCs, by geographical location abroad, 1999–2009 (Thousands of employees) Region / economy Total world Developed countries Europe European Union 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 - - - - - - - - 25.26 26.95 - - - - - - - - 17.01 18.13 24.61 15.84 - - - - - - - - 17.01 18.13 15.84 - - - - - - - - 17.01 18.13 15.84 Bulgaria - - - - - - - - 0.70 - - Czech Republic - - - - - - - - 0.11 - - Denmark - - - - - - - - 0.01 - - Estonia - - - - - - - - 3.29 3.73 3.31 Latvia - - - - - - - - 10.39 10.51 8.94 Netherlands - - - - - - - - 0.01 - - Poland - - - - - - - - 1.98 2.07 2.06 Romania - - - - - - - - 0.05 - - Slovakia - - - - - - - - 0.41 - - Sweden - - - - - - - - 0.01 - - - - - - - - - - 7.13 7.42 7.15 South-East Europe and CIS CIS - - - - - - - - 7.13 7.42 7.15 Belarus - - - - - - - - 0.72 1.04 1.10 Kazakhstan - - - - - - - - 0.10 - 0.18 Moldova, Republic of - - - - - - - - 0.00 - - Russian Federation - - - - - - - - 4.22 4.39 4.27 Ukraine - - - - - - - - 2.08 2.00 1.60 Unspecified - - - - - - - - 1.12 1.40 1.62 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 20 Table 34. Employment of affiliates of foreign TNCs in the host economy, by industry, 1998–2008 (Thousands of employees) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Forestry and Fishing Mining, quarrying and petroleum Mining and quarrying Secondary Tertiary 1998 1999 2000 2001 2002 2003 - - - - - - 2004 90.7 2005 101.5 2006 116.2 2007 121.9 2008 - - - - - - 1.7 1.4 1.3 1.4 1.3 - - - - - - 1.1 0.8 0.7 0.7 0.6 126.9 - - - - - - 1.1 0.8 0.7 0.7 0.6 - - - - - - 0.6 0.6 0.6 0.7 0.7 - - - - - - 0.6 0.6 0.6 0.7 0.7 - - - - - - 41.3 44.8 49.7 48.0 45.4 - - - - - - 47.7 55.3 65.2 72.5 80.1 Electricity, gas and water - - - - - - 3.6 4.3 3.9 3.8 3.9 Construction - - - - - - 3.1 4.2 4.3 4.8 4.1 Trade - - - - - - 22.9 24.6 31.6 35.5 39.5 Hotels and restaurants - - - - - - 2.3 3.1 3.5 3.7 4.2 Transport, storage and communications - - - - - - 6.6 7.4 8.2 9.0 9.8 Business activities - - - - - - 7.2 9.4 10.7 13.0 15.1 Education - - - - - - 0.1 0.1 0.1 0.2 0.2 Health and social services - - - - - - 0.5 0.5 0.7 0.7 0.9 Community, social and personal service activities - - - - - - 1.4 1.7 2.1 1.9 2.6 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 21 Table 35. Employment of affiliates of foreign TNCs in the host economy, by geographical origin, 1998–2008 (Thousands of employees) Region / economy Total world 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 - - - - - - 90.7 101.5 116.2 121.9 126.9 - - - - - - 79.8 89.9 105.6 111.2 115.9 - - - - - - 68.3 78.3 94.3 101.9 107.3 - - - - - - 61.3 70.4 83.9 89.2 93.8 Austria - - - - - - 0.3 0.3 0.4 0.5 0.6 Belgium - - - - - - 0.7 6.6 7.9 8.3 1.1 Bulgaria - - - - - - 0.0 0.1 - 0.1 0.1 Cyprus - - - - - - 0.5 0.5 0.4 0.6 1.2 Czech Republic - - - - - - 0.3 0.5 0.5 0.6 0.7 Denmark - - - - - - 10.4 11.0 10.6 10.4 10.8 Developed countries Europe European Union Estonia - - - - - - 2.8 4.4 5.2 5.8 6.8 Finland - - - - - - 5.4 7.8 12.2 14.0 13.6 France - - - - - - 2.9 3.0 3.2 3.4 3.4 Germany - - - - - - 10.5 10.9 11.6 11.6 19.9 Hungary - - - - - - 0.1 0.1 0.3 0.1 0.1 Ireland - - - - - - 0.3 0.4 0.4 0.3 0.4 Italy - - - - - - 1.5 1.5 1.6 1.3 1.3 Latvia - - - - - - 1.4 1.8 2.1 2.4 3.1 Luxembourg - - - - - - 0.7 0.9 1.1 1.3 1.9 Netherlands - - - - - - 1.5 2.2 2.3 2.6 3.0 Poland - - - - - - 1.8 2.0 5.8 5.6 6.3 Spain - - - - - - - 0.2 0.2 0.3 0.4 Sweden - - - - - - 7.0 7.1 10.3 11.6 11.7 United Kingdom - - - - - - 9.8 5.5 6.5 6.3 5.8 - - - - - - 7.0 0.4 7.9 0.6 10.4 1.1 12.7 1.4 13.5 1.3 Other developed Europe Iceland Norway - - - - - - 3.6 4.4 6.2 7.5 8.5 Switzerland - - - - - - 1.1 1.2 2.1 2.6 2.6 - - - - - - 8.0 8.3 8.6 7.3 6.8 Canada - - - - - - 1.3 1.7 1.7 1.5 1.2 United States - - - - - - 6.8 6.6 6.9 5.8 5.6 - - - - - - 3.5 3.3 2.7 1.9 1.8 Israel - - - - - - 0.3 0.5 0.5 0.3 0.5 Japan - - - - - - 3.2 2.7 2.2 1.7 1.1 - - - - - - 0.3 0.3 1.6 1.5 1.4 Latin America and the Caribbean - - - - - - - - 1.2 1.1 0.9 South and Central America - - - - - - - - 1.1 0.7 0.6 Caribbean - - - - - - - - 0.1 0.4 0.3 - - - - - - - - 0.1 0.4 0.3 - - - - - - 0.3 0.3 0.3 0.4 0.5 North America Other developed countries Developing economies British Virgin Islands Asia West Asia - - - - - - 0.1 0.0 0.1 0.1 0.2 South, East and South-East Asia - - - - - - 0.2 0.2 0.3 0.3 0.3 - - - - - - 0.2 0.2 0.3 0.3 0.3 - - - - - - 8.0 8.6 5.6 5.5 5.7 - - - - - - 8.0 8.6 5.6 5.5 5.7 Belarus - - - - - - 0.1 0.2 0.2 0.2 0.2 Kazakhstan - - - - - - 0.1 0.1 0.1 0.1 - Russian Federation - - - - - - 7.7 8.3 5.2 4.8 4.8 Ukraine - - - - - - 0.1 0.1 0.1 0.5 0.6 Unspecified - - - - - - 2.7 2.7 3.4 3.7 3.8 China South-East Europe and CIS CIS Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 22 Table 39. Wages and salaries of affiliates of foreign TNCs in the host economy, by industry, 1998–2008 (Millions of Litas) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Forestry and Fishing Mining, quarrying and petroleum Mining and quarrying Secondary Tertiary 1998 1999 2000 2001 2002 2003 - - - - - - 2004 2 501 2005 3 006 2006 3 815 2007 4 728 2008 - - - - - - 35 32 33 42 49 - - - - - - 21 18 17 22 24 5 701 - - - - - - 21 18 17 22 24 - - - - - - 14 14 16 20 25 - - - - - - 14 14 16 20 25 - - - - - - 1 047 1 244 1 513 1 741 1 973 - - - - - - 1 419 1 730 2 269 2 945 3 679 Electricity, gas and water - - - - - - 111 144 151 171 193 Construction - - - - - - 93 133 166 224 214 Trade - - - - - - 610 696 1 020 1 340 1 660 Hotels and restaurants - - - - - - 33 43 55 71 101 Transport, storage and communications - - - - - - 303 340 393 483 593 Business activities - - - - - - 219 309 401 559 773 Education - - - - - - 3 4 5 10 13 Health and social services - - - - - - 9 10 14 24 38 Community, social and personal service activities - - - - - - 38 49 62 62 95 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 23 Table 40. Wages and salaries of affiliates of foreign TNCs in the host economy, by geographical origin, 1998–2008 (Millions of Litas) Region / economy 2004 2005 2006 2007 2008 - - - - - - 2 500.6 3 005.8 3 815.0 4 727.5 5 701.2 - - - - - - 2 139.7 2 569.1 3 484.8 4 305.2 5 176 - - - - - - 1 816.5 2 221.8 3 073.3 3 875.2 4 707 - - - - - - 1 644.7 2 005.2 2 783.6 3 425.4 4 128 Austria - - - - - - 8.0 11.7 15.2 21.5 35 Belgium Bulgaria - - - - - - 15.9 0.9 113.2 1.2 155.1 - 222.3 1.6 53 3 Total world Developed countries Europe European Union 1998 1999 2000 2001 2002 2003 Cyprus - - - - - - 12.6 12.1 13.1 23.1 48 Czech Republic - - - - - - 3.2 10.9 12.3 19.2 29 500 Denmark - - - - - - 295.3 326.9 366.6 389.6 Estonia - - - - - - 84.0 143.6 193.2 261.8 341 Finland - - - - - - 197.7 282.2 456.7 587.6 650 France - - - - - - 87.5 97.8 126.7 159.9 184 Germany - - - - - - 232.0 269.1 341.6 391.2 670 Greece - - - - - - - - - 10.9 12 Hungary - - - - - - 2.7 2.9 5.2 2.7 3 Ireland - - - - - - 5.6 8.3 9.9 11.5 18 Italy - - - - - - 37.2 39.0 47.5 47.8 50 Latvia - - - - - - 23.4 36.4 50.7 70.0 115 Luxembourg - - - - - - 14.9 25.7 35.1 56.1 85 Malta - - - - - - - - - 11.0 17 Netherlands - - - - - - 45.7 64.0 85.6 113.0 167 Poland - - - - - - 34.4 37.0 250.3 284.8 343 Spain - - - - - - - 7.2 5.2 8.6 15 Sweden - - - - - - 288.3 300.9 378.9 470.4 545 United Kingdom - - - - - - 174.3 123.9 166.8 189.5 217 - - - - - - 171.8 216.7 289.6 449.8 579 Other developed Europe Iceland - - - - - - 9.0 16.0 29.7 51.6 51 Liechtenstein - - - - - - 31.4 36.0 22.6 30.8 37 Norway - - - - - - 98.2 125.6 167.5 255.5 354 Switzerland - - - - - - 33.2 38.9 69.8 111.9 137 - - - - - - 249.5 270.1 331.6 357.1 384 North America Canada - - - - - - 38.5 57.5 66.0 75.7 62 United States - - - - - - 210.9 212.6 265.6 281.4 322 Other developed countries - - - - - - 73.7 77.2 79.9 72.9 85 Israel - - - - - - 10.6 13.8 17.1 14.2 24 Japan - - - - - - 63.1 61.9 62.8 58.6 55 New Zealand - - - - - - - 1.5 - - 6 - - - - - - 2.2 3.2 32.1 38.2 45 Latin America and the Caribbean - - - - - - - 1.0 28.7 32.6 33 South and Central America - - - - - - - 1.0 24.7 18.9 20 Panama - - - - - - - 1.0 24.7 18.9 20 Caribbean - - - - - - - - 4.0 13.7 14 Developing economies - - - - - - - - 4.0 13.7 14 Asia and Oceania British Virgin Islands - - - - - - 2.2 2.2 3.4 5.6 12 Asia - - - - - - 2.2 2.2 3.4 5.6 12 - - - - - - 0.9 0.3 0.7 2.0 6 Lebanon - - - - - - 0.6 - - 0.9 1 Turkey - - - - - - 0.3 0.3 0.7 1.1 5 - - - - - - 1.3 2.0 2.7 3.5 5 - - - - - - 1.3 2.0 2.7 3.5 5 - - - - - - 285.0 351.5 194.3 216.6 271 271 West Asia South, East and South-East Asia China South-East Europe and CIS CIS - - - - - - 285.0 351.5 194.3 216.6 Armenia - - - - - - - 0.1 - 0.1 0 Belarus - - - - - - 1.6 2.5 2.8 3.9 8 Georgia - - - - - - - - 0.1 - - Kazakhstan - - - - - - 0.7 0.9 0.9 1.5 1 Russian Federation - - - - - - 281.2 346.9 188.1 179.9 223 Ukraine - - - - - - 1.5 1.1 2.4 31.2 40 Unspecified - - - - - - 73.7 82.0 103.9 167.5 209 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 24 Table 42. Sales of foreign affiliates of home-based TNCs, by industry abroad, 1999–2009 (Millions of Litas) Sector / industry 1999 2000 2001 2002 2003 2004 - - - - - - - - 7 205 8 585 9 000 Secondary - - - - - - - - 1 003 1 280 1 287 Tertiary - - - - - - - - 6 167 7 208 7 585 Construction - - - - - - - - 388 376 447 Trade - - - - - - - - 5 273 6 569 6 825 Total 2005 2006 2007 2008 2009 Hotels and restaurants - - - - - - - - 70 - - Transport, storage and communications - - - - - - - - 205 42 83 Finance - - - - - - - - 4 - 11 Business activities - - - - - - - - 227 220 219 - - - - - - - - 35 96 127 Unspecified Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 25 Table 43. Sales of foreign affiliates of home-based TNCs, by geographical location abroad, 1999–2009 (Millions of Litas) Region / economy Total world Developed countries Europe 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 - - - - - - - - 7 205 8 585 9 000 - - - - - - - - 5 390 6 601 7 073 - - - - - - - - 5 390 6 601 7 073 - - - - - - - - 5 390 6 601 7 073 Bulgaria - - - - - - - - 140 - - Czech Republic - - - - - - - - 58 - - Denmark - - - - - - - - 4 - - Estonia - - - - - - - - 1 189 1 190 1 412 3 203 European Union Latvia - - - - - - - - 2 640 3 157 Netherlands - - - - - - - - 1 - - Poland - - - - - - - - 718 1 138 1 115 Romania - - - - - - - - 22 - - Slovakia - - - - - - - - 66 - - Sweden - - - - - - - - 118 - - - - - - - - - - 1 603 1 790 1 801 South-East Europe and CIS CIS - - - - - - - - 1 603 1 790 1 801 Belarus - - - - - - - - 91 157 166 Kazakhstan - - - - - - - - 24 - 36 Moldova, Republic of - - - - - - - - - - - Russian Federation - - - - - - - - 1 265 1 328 1 421 Ukraine - - - - - - - - 223 304 177 Unspecified - - - - - - - - 212 194 126 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 26 Table 44. Sales of affiliates of foreign TNCs in the host economy, by industry, 1998–2008 (Millions of Litas) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Forestry and Fishing Mining, quarrying and petroleum Mining and quarrying Secondary Tertiary 1998 1999 2000 2001 2002 2003 - - - - - - 2004 31 986 2005 39 876 2006 49 521 2007 55 147 2008 - - - - - - 236 235 229 322 351 - - - - - - 151 151 142 221 287 71 546 - - - - - - 151 151 142 221 287 - - - - - - 85 84 87 101 64 - - - - - - 85 84 87 101 64 - - - - - - 14 195 19 316 22 345 21 408 30 995 - - - - - - 17 555 20 325 26 947 33 417 40 199 Electricity, gas and water - - - - - - 1 168 1 509 1 827 2 024 2 849 Construction - - - - - - 482 750 923 1 326 1 015 Trade - - - - - - 11 440 12 497 17 421 21 834 26 357 Hotels and restaurants - - - - - - 118 169 203 248 328 Transport, storage and communications - - - - - - 2 997 3 601 4 307 4 940 5 838 Business activities - - - - - - 1 147 1 526 1 918 2 608 3 279 Education - - - - - - 13 16 19 36 37 Health and social services - - - - - - 16 17 26 43 66 Community, social and personal service activities - - - - - - 175 240 302 357 431 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. - ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 27 Table 45. Sales of affiliates of foreign TNCs in the host economy, by geographical origin, 1998–2008 (Millions of Litas) Region / economy Total world 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 - - - - - - 31 986 39 876 49 521 55 147 71 546 - - - - - - 21 240 24 731 43 427 46 142 58 843 - - - - - - 17 792 21 704 40 056 42 939 55 624 - - - - - - 15 886 19 398 36 381 38 054 49 962 Austria - - - - - - 93 101 163 193 259 Belgium Bulgaria - - - - - - 165 37 1 390 51 1 678 - 2 171 133 376 198 Cyprus - - - - - - 184 125 242 379 608 Czech Republic - - - - - - 34 78 73 128 111 Denmark - - - - - - 1 987 2 406 2 681 2 429 3 293 Estonia - - - - - - 1 139 1 702 2 371 3 069 3 588 Finland - - - - - - 2 598 3 500 4 575 5 623 5 446 France - - - - - - 1 018 1 020 1 250 1 520 1 770 Germany - - - - - - 2 199 2 436 3 110 3 580 5 937 Greece - - - - - - - - - 106 130 Hungary - - - - - - 30 26 32 23 33 Ireland - - - - - - 41 100 100 121 127 Italy - - - - - - 281 319 401 475 451 Latvia - - - - - - 257 466 577 729 969 Luxembourg - - - - - - 76 153 199 361 573 Malta - - - - - - - - - 60 96 Netherlands - - - - - - 352 498 638 869 1 173 Poland - - - - - - 243 258 12 453 9 244 17 983 Spain - - - - - - - 32 21 43 71 Sweden - - - - - - 2 652 2 953 4 079 4 829 5 185 United Kingdom - - - - - - 1 554 660 854 1 013 1 352 - - - - - - 1 906 2 306 3 675 4 884 5 662 Iceland - - - - - - 66 133 364 277 238 Liechtenstein - - - - - - 238 304 145 150 195 Norway - - - - - - 1 326 1 518 1 940 2 697 3 562 Switzerland - - - - - - 276 351 1 225 1 760 1 667 - - - - - - 2 811 2 484 2 746 2 682 2 652 Canada - - - - - - 209 256 240 245 146 United States - - - - - - 2 602 2 228 2 505 2 436 2 506 Developed countries Europe European Union Other developed Europe North America Other developed countries - - - - - - 637 543 625 522 568 Israel - - - - - - 29 54 62 74 144 Japan - - - - - - 608 475 563 448 339 New Zealand - - - - - - - 14 - - 85 - - - - - - 22 34 211 244 426 Latin America and the Caribbean - - - - - - - 11 183 210 279 South and Central America - - - - - - - 11 170 178 256 - - - - - - - 11 170 178 256 - - - - - - - 11 170 178 242 - - - - - - - - 13 31 23 - - - - - - - - 13 31 23 - - - - - - 22 22 28 35 147 129 Developing economies Central America Panama Caribbean British Virgin Islands Asia West Asia - - - - - - 7 3 9 15 Lebanon - - - - - - 4 - - 6 6 Turkey - - - - - - 4 3 9 8 123 - - - - - - 15 19 19 20 18 - - - - - - 15 19 19 20 18 - - - - - - 10 018 14 156 4 466 5 969 7 527 14 156 4 466 5 969 7 527 - 1 1 53 102 345 South, East and South-East Asia China South-East Europe and CIS CIS - - - - - - 10 018 Armenia - - - - - - - Belarus - - - - - - 43 Georgia - - - - - - - - 8 - - Kazakhstan - - - - - - 10 17 22 11 3 Russian Federation - - - - - - 9 936 14 055 4 346 4 276 5 869 Ukraine - - - - - - 28 27 37 1 579 1 309 Unspecified - - - - - - 706 955 1 418 2 791 4 749 57 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 28 Table 49. Value added of affiliates of foreign TNCs in the host economy, by industry, 1998–2008 (Millions of Litas) Sector / industry Total Primary Agriculture, hunting, forestry and fishing Forestry and Fishing Mining, quarrying and petroleum Mining and quarrying Secondary Tertiary 1998 1999 2000 2001 2002 2003 - - - - - - 2004 6 157 2005 7 312 2006 8 186 2007 10 346 2008 - - - - - - 73 82 63 99 85 - - - - - - 31 33 8 49 50 9 625 - - - - - - 31 33 8 49 50 - - - - - - 43 48 55 50 35 - - - - - - 43 48 55 50 35 - - - - - - 2 921 3 580 2 917 3 455 2 915 - - - - - - 3 162 3 651 5 206 6 792 6 625 Electricity, gas and water - - - - - - 320 355 375 453 419 Construction - - - - - - 103 134 234 384 250 Trade - - - - - - 1 026 1 085 1 891 2 559 2 659 Hotels and restaurants - - - - - - 51 73 86 109 97 Transport, storage and communications - - - - - - 1 173 1 298 1 465 1 774 1 545 Business activities - - - - - - 408 615 993 1 312 1 414 Education - - - - - - 5 5 7 13 11 Health and social services - - - - - - 7 7 17 27 47 Community, social and personal service activities - - - - - - 69 77 138 161 182 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 29 Table 50. Value added of affiliates of foreign TNCs in the host economy, by geographical origin, 1998–2008 (Millions of Litas) Region / economy 2004 2005 2006 - - - - - - 6 157.0 7 312.1 8 185.7 10 345.8 9 624.6 - - - - - - 4 504.8 5 138.7 7 453.3 8 818.8 8 189.5 - - - - - - 3 814.8 4 443.6 6 617.6 7 973.1 7 365.8 - - - - - - 3 508.0 4 054.3 6 078.8 7 140.6 6 635.3 Austria - - - - - - 16.2 23.4 37.3 39.9 49.7 Belgium Bulgaria - - - - - - 27.0 - 1.5 196.7 1.1 300.6 - 439.1 0.4 136.6 0.7 Cyprus - - - - - - 18.0 11.7 33.8 42.2 73.7 Czech Republic - - - - - - 4.0 11.3 15.8 49.9 34.4 Denmark - - - - - - 540.7 674.5 769.9 807.8 830.1 Estonia - - - - - - 161.9 177.0 390.9 438.9 569.9 Finland - - - - - - 338.6 405.1 887.5 1 246.7 1 004.2 Total world Developed countries Europe European Union 1998 1999 2000 2001 2002 2003 2007 2008 France - - - - - - 167.6 170.2 144.8 232.4 269.4 Germany - - - - - - 392.9 451.0 600.4 731.4 1 123.2 13.8 Greece - - - - - - - - - 24.6 Hungary - - - - - - 4.6 4.9 8.6 4.4 4.2 Ireland - - - - - - 8.0 20.4 21.0 19.8 26.7 Italy - - - - - - 63.5 63.5 71.1 85.7 82.1 Latvia - - - - - - 34.7 51.3 49.1 91.3 125.6 Luxembourg - - - - - - 19.5 43.3 66.8 177.9 114.3 Malta - - - - - - - - - 15.7 23.4 Netherlands - - - - - - 61.8 123.2 159.7 204.5 346.2 Poland - - - - - - 51.1 57.7 575.5 407.1 53.4 Spain - - - - - - - 6.5 5.5 12.3 30.2 Sweden - - - - - - 1 124.2 1 176.1 1 515.2 1 536.1 1 407.2 United Kingdom - - - - - - 277.1 180.3 206.3 269.9 283.1 - - - - - - 306.8 389.3 538.8 832.5 730.6 Iceland - - - - - - 16.8 29.8 36.4 83.6 51.2 Liechtenstein - - - - - - 49.8 71.7 29.6 50.1 59.4 411.1 Other developed Europe Norway - - - - - - 186.2 233.1 347.8 464.7 Switzerland - - - - - - 54.0 54.6 125.0 234.1 208.9 - - - - - - 520.0 595.1 639.1 754.3 727.0 North America Canada - - - - - - 58.7 87.2 97.4 139.8 88.0 United States - - - - - - 461.2 507.9 541.7 614.5 639.0 96.7 Other developed countries - - - - - - 170.0 99.9 196.6 91.4 Israel - - - - - - 5.7 16.3 19.8 14.9 41.3 Japan - - - - - - 164.3 81.4 176.8 76.4 47.3 New Zealand - - - - - - - 2.3 - - 8.0 - - - - - - 3.7 9.9 33.0 57.1 87.6 Latin America and the Caribbean - - - - - - - 5.3 25.0 50.0 63.5 South and Central America - - - - - - - 5.3 25.1 44.3 49.3 - - - - - - - 5.3 25.1 44.3 47.1 - - - - - - - - - 0.1 5.7 14.2 - - - - - - - - - 0.1 5.7 14.2 - - - - - - 3.7 4.6 8.0 7.1 24.0 - - - - - - 1.6 0.6 1.6 2.7 17.4 Lebanon - - - - - - 0.4 - - 1.1 1.9 Turkey - - - - - - 1.2 0.6 1.6 1.6 15.5 - - - - - - 2.1 4.1 6.4 4.4 6.6 - - - - - - 2.1 4.1 6.4 4.4 6.6 - - - - - - 1 446.9 1 963.5 415.0 812.2 839.5 839.5 Developing economies Panama Caribbean British Virgin Islands Asia West Asia South, East and South-East Asia China South-East Europe and CIS CIS - - - - - - 1 446.9 1 963.5 415.0 812.2 Armenia - - - - - - - 0.2 - 0.3 0.2 Belarus - - - - - - 7.8 8.9 11.6 8.4 30.6 Georgia - - - - - - - - 3.5 - - Kazakhstan - - - - - - 0.8 1.1 1.6 1.3 0.3 Russian Federation - - - - - - 1 437.1 1 949.9 381.4 670.1 773.0 Ukraine - - - - - - 1.2 3.4 16.8 132.1 35.5 Unspecified - - - - - - 201.5 199.9 284.4 657.7 508.0 Source : UNCTAD FDI/TNC database, based on data from the Bank of Lithuania. ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ Lithuania 30 Table 87. Largest foreign affiliates of home-based TNCs, 2008a (Millions of dollars and number) Company Host country Industry Sales Employees A. Primary Timber-logistic Ooo Russian Federation Agriculture, hunting, forestry and fisheries . 005 .. Russian Federation Poland Latvia Latvia Latvia Norway Norway Poland Poland Russian Federation Ukraine Food, beverages and tobacco Chemicals and chemical products Food, beverages and tobacco Electrical and electronic equipment Publishing and printing Non-metallic mineral products Textiles, clothing and leather Chemicals and chemical products Rubber and plastic products Food, beverages and tobacco Food, beverages and tobacco 122.5 114.6 110.7 24.7 4.6 4.2 2.4 2.4 0.8 0.4 .. 1400 1000 1971 76 21 1 9 13 10 51 25 Poland Latvia Latvia Russian Federation Russian Federation Latvia Latvia Romania Latvia Poland Latvia Latvia Poland Sweden Latvia Trade Trade Construction Transport, storage and communications Transport, storage and communications Trade Trade Trade Trade Trade Transport, storage and communications Trade Trade Trade Trade 79.1 58.5 50.5 44.0 29.0 17.3 12.5 10.9 10.6 10.2 9.8 9.1 6.6 6.3 4.9 474 63 610 691 177 44 9 21 8 40 20 114 1 1 46 B. Secondary (Manufacturing) Vichyunai Rus Ooo Przedsiebiorstwo Farmaceutyczne Jelfa S A Nelda Sia Bite Latvija Sia Pakmarkas Sia Skorgenes Boats As Vasset Industri As Laboratorium Farmaceutyczne Homeofarm Sp Z O O Erg Plast Sp Z O O Novaya Ruta Ooo Kraitene-ukraine Subsidiary Company C. Tertiary (Services) Euro Apteka Sp Z O O Acme Plus Sia Mtk Construction Sia Tpi Ooo Daivera Transport Zao Atea Sia Ilsanta Akf Arvi Agro Srl Linas Agro Sia Mv Poland Sp Z O O Novatours Sia Apranga Sia Apteka Polonez Sp Z O O Lietpak Sweden Ab Hansa Flex Hidraulika Sia Assets D. Finance and Insurance Latvijas Krajbanka As Eco Energy B.v. Rrei Holding B.v. Rrei Logistics B.v. E-energy B.v. Patras Holdings B.v. Latvia Netherlands Netherlands Netherlands Netherlands Netherlands Finance Finance Finance Finance Finance Finance Employees .. .. .. .. .. .. Sources : WorldBase, Dun & Bradstreet Inc., company websites. Or latest year available. a ______________________________________________________________________________________________________ 986 1 1 1 .. .. ______________________________________________________________________________________________________ Lithuania 31 Table 88. Largest affiliates of foreign TNCs in the host economy, 2008a (Millions of dollars and number) Company Home country Industry Sales Employees A. Primary B. Secondary (Manufacturing) Orlen Lietuva, Ab Svyturys-utenos Alus, Uab Mars Lietuva, Uab Kraft Foods Lietuva, Ab Schmitz Cargobull Baltic, Uab Kalnapilio-tauro Grupe, Uab Philip Morris Lietuva, Uab Yazaki Wiring Technologies Lietuva, Uab Sicor Biotech, Uab Papyrus Lietuva, Uab Sca Packaging, Uab Vakaru Laivu Gamykla, Ab Ibm Lietuva, Uab Carlo Gavazzi Industri Kaunas, Uab Rittal, Uab Poland Denmark United States United States Germany Denmark United States Japan Israel Sweden Sweden Estonia United States Switzerland Germany Coke, petroleum and nuclear fuel Food, beverages and tobacco Food, beverages and tobacco Food, beverages and tobacco Motor vehicles and other transport equip. Food, beverages and tobacco Food, beverages and tobacco Metals and metal products Chemicals and chemical products Wood and wood products Wood and wood products Motor vehicles and other transport equip. Electrical and electronic equipment Precision instruments Electrical and electronic equipment Russian Federation Norway Sweden Denmark United Kingdom France Sweden Germany Germany Sweden Finland Finland Finland Estonia Cayman Islands Trade Trade Trade Transport, storage and communications Transport, storage and communications Electricity, gas and water Transport, storage and communications Trade Trade Trade Trade Trade Construction Trade Trade 6 529 195 165 152 111 71 48 36 31 26 22 21 20 18 17 2 275 570 1 000 600 178 450 470 630 160 41 168 110 198 144 31 871 509 353 298 264 217 209 129 83 72 71 60 58 58 51 220 750 3 200 2 100 490 930 82 160 122 104 11 116 310 47 129 C. Tertiary (Services) Lukoil Baltija, Uab Lietuva Statoil, Uab Rimi Lietuva, Uab Teo Lt, Ab Bite Lietuva, Uab Vilniaus Energija, Uab Tele2, Uab Tamro, Uab Siemens, Uab Scania Lietuva, Uab Lietuvos Spauda Ab Akcine Bendrove Konekesko Lietuva, Uab Yit Kausta, Ab Vakaru Metalas, Uab Vita Baltic International, Uab Assets D. Finance and Insurance Seb Bankas, Ab G4s Lietuva, Uab Swedbank, Ab Ergo Lietuva, Uab Dnb Nord Bankas Ab Lietuvos Draudimas Swedbank Lizingas, Uab Ergo Lietuva Gyvybes Draudimas, Uab Aon Lietuva Uadbb Aviva Lietuva, Uab Sweden Denmark Estonia Germany Denmark Denmark Estonia Germany United States United Kingdom Finance Finance Finance Insurance Finance Insurance Finance Insurance Insurance Insurance Employees .. .. .. .. .. .. .. .. .. .. Sources : WorldBase, Dun & Bradstreet Inc., company websites. a Or latest year available. ______________________________________________________________________________________________________ 2200 2100 1250 830 500 312 98 86 70 70
