After regaining independence in 1990, Lithuania underwent tremendous,
regionally trend-setting changes in
the sectoral structure of its economy as measured by the percentage of
the individual sectors' contribution to the GDP and/or
employment. As a result of the Soviet occupation and the imposition of
the communist central planning, Lithuania's economy was distorted
compared to Denmark, Finland, or other comparable, free Western
countries. In 1990, agriculture still occupied a special place in the
Lithuanian economy, providing about a quarter of jobs and about half of
the GDP. Above all, however, Lithuania was industrialized in a heavy,
distorted way reflecting the communist orthodoxy and Soviet
imperialistic priorities which was to the detriment of services
(especially modern services) and the modern welfare-increasing economic
development in general. During the independence decade (1990-2000), the
normal structure of a modern economy was largely restored in Lithuania,
with the services dominating (58 percent) GDP, followed by industry (32
percent) and agriculture (10 percent). About 30 percent of Lithuanian
workers are employed by industry, while 20 percent work in agriculture,
and 50 percent work in services.
Comment about this article, ask questions, or add new information about this topic: