The black market in Lithuania shrank by 1% in 2015 to 25.8% and shrank by 5% over the last decade (from 31.1% in 2005). Currently, Lithuania’s black market is smaller than Estonia’s (at 26.2%).
However, contraband only makes up a small portion of the black market index in Lithuania – 2/3 of this index reflects the situation in Lithuania’s job market.
Lithuanians spend and average of €72 per month on illegal products and services, but they earn an average of €489 on the unofficial job market.
These statistics were revealed in a new black market study prepared by the Lithuanian Free Market Institute (LLRI) and its partners.
Verslo Žinios
"We can shout very loudly, but it won't change the position of the American people,"…
From mocking messages flooding social networks to harsh criticism from political experts, the decision of…
Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…
According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with…
In September, Citus – a creative real estate projects’ development and placemaking company – began…
As various parties emerge, disappear or reorganize themselves in the political space, the Lithuanian Social…