Lithuania will need at least 300,000 immigrants in the next 30 years to compensate for demographic losses due a negative natural population growth rate, the business daily Verslo Zinios reported on Wednesday.
© DELFI / Karolina Pansevič

The country will need to attract even more immigrants to offset outward migration. Otherwise, it may become a rapidly aging society that will never catch up with Western countries, it wrote.

The paper cited a study by the International Monetary Fund that predicts that Lithuania's population will shrink by 17 percent by 2050. The decline in the working-age population is forecast to be even more severe, at 28 percent.

It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Representatives of ruling party propose taxing large retailers

Representatives of the ruling Lithuanian Farmers and Greens Union have proposed introducing a new...

Vilnius-Kaunas road to be transformed into highway (1)

The Vilnius-Kaunas road is to be transformed into a highway , Lithuania's Road Administration said.

President puts forward amendments on faster pension increase

Lithuanian President Gitanas Nauseda is putting forwards amendments to three laws for the parliament's...

Leaders and experts of fintech market will meet in Vilnius for industry’s hottest news

On 27-28 November 2019, European and global fintech companies, investors and everyone interested in...

Germany's company plans building wood fiberboard plant in Lithuania

Germany's Homanit , which announced in early 2019 a 100-million-euro investment in a new wood...