IT outsourcing rates in Lithuania

Lithuania is a country located in Northern Europe with a population of over 2.7 million people. It has a diversified economy, with a mix of agriculture, industry, and services. The country has a relatively small industrial sector, with a focus on the production of food, beverages, and electronics. The service sector is the largest contributor to the country's GDP, with sectors such as tourism, financial services, and IT leading the way. The Lithuanian economy has been growing steadily in recent years, with a focus on attracting foreign investment and improving the business environment.
The IT sector is a major contributor to the Lithuanian economy, with a growing number of startups and tech companies emerging in recent years. The country has a well-developed IT infrastructure, with a high level of internet and mobile phone penetration. Lithuania has been recognized as one of the top destinations in Europe for outsourcing IT services, with a highly skilled workforce and a competitive business environment. The government has also made significant investments in the development of the IT sector, including initiatives to promote the use of technology in education, healthcare, and business.