Investors’ Confidence Index for Lithuania (ICIL) value for 2017 first quarter remained unchanged since 2016 second quarter and maintained the value of 1,215.
Survey of Investors’ confidence index for Lithuania for the second quarter of 2016 reveals that large foreign capital investors remain highly confident in the economy of Lithuania. Although, the level of optimism has shrunk slightly in comparison with the beginning of the year. The largest investors are expecting a continuous growth of demand for their products and services (56% of surveyed top-level managers) and profitability of their companies (50%). A third (29%) are planning to expand their export quantities.
However, increasing concerns are caused by reduced political stability before the elections as well as prolonged discussions about the labour regulation reforms. None of the surveyd managers expect the political stability to rise. As much as 85% of respondents see labour regulations as the main area in need of attention and reforms.
Full publication of ICIL Q2 can be found here
In Q4 of 2015 Investor Confidence index for Lithuania reached a record-high value of 1,189. Investors’ expectations are boasted by sustainable maroeconomic environment of Lithuania and strong political will in the Parliament to finally implement the long awaited Labour regulation reforms. ICIL, which was presented in the 6th annual “Investors’ Forum” conference “New political season”, also revealed that more than a half (52%) of company managers expect an appreciation in demand for their company’s products and services, 2 out of 5 see ways to increase their company’s profitability and a third are planning new capital investments and creation of new jobs.