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Lithuania

Lithuanian Litas (LTL)

In Lithuania, debit and credit cards are the most popular payment methods, with more people using contactless cards, and paying via bank transfers. While those who are more technologically inclined are happy to use digital payment methods, many are skeptical of mobile payment apps due to safety concerns.

Lithuania flag

Population

2,800,839

Banked Population:

93.53%

Group 427321246

Main industries

Manufacturing, Financial Services, Agriculture, and Tourism

Group 427321247

Main imports

Crude & Refined Petroleum, Cars, Packaged Medicaments, and Broadcasting Equipment

Group 427321248

Main exports

Refined Petroleum, Furniture, Wheat, Rolled Tobacco, and Laboratory Reagents

GDP stats

$23,723.3

Per capita (USD)

6%

Growth annually

 85

World ranking

Internet usage

87%

Smartphone usage

68%

Credit/debit card usage

59%

Population transacting electronically

78%

Group 427321245 1

Total volume of digital payments projected to reach

$2,991M (USD)

VOUCHER

Payment Methods in Lithuania

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