Lithuania

Country profiles
Country profiles

Lithuania

  • Corporate Tax Haven Index ranking: 52
  • Financial Secrecy Index ranking: 105
  • Tax loss each year to tax havens: $99,781,709
  • Tax loss inflicted on other countries: $16,887,038

Country profile

Tax abuse losses

$99,781,709

lost in tax every year to global tax abuse

$90,652,973

lost to tax avoidance committed by multinational corporations

$9,128,736

lost to tax evasion committed by private individuals

  • Equivalent to 1.25% tax revenue (tax revenue in 2020 : $7,958,649,650 trillion)
  • Equivalent to loss of $35 per member of population (Population: 2,888,271.90)
  • Smaller than Global Average tax revenue Loss 2.61%
  • Smaller than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#52

Global Rank (First is Worst)

54.83/100

Haven Score (100 is Worst)

0.28%

Share of global tax havenry

Financial Secrecy Index 2020
#105

Global Rank (First is Worst)

50.30/100

Haven Score (100 is Worst)

0.26%

Share of global tax secrecy

Harm to other countries

$16,887,038

in tax lost by other countries

$16,887,038

by enabling corporate tax avoidance

$0

by enabling private tax evasion

Responsible for 0.00% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
1,339 nurses

Social impact of lost tax

Tax loss equivalent to 4.93% of health budget
Tax loss equivalent to 4.63% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
9,632 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward FDI
Vulnerable Score for this channel is 57.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Netherlands (20.4%)
Latvia (20.2%)
Estonia (13.3%)