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Lithuanian Games Industry Report 2019

Lithuania's game development sector expanded rapidly between 2013 and 2018, with industry turnover rising from €7.63 million to €115 million and the sector's share of GDP climbing from 0.02% to 0.24%.

• Lithuania's game development turnover grew from €7.63 million in 2013 to €115 million in 2018, lifting the sector's share of GDP from 0.02% to 0.24%, driven mainly by mobile games and consolidation rather than a surge in company count (43 to 47 between 2014 and 2019).
• Revenue per employee rose from €35.7 thousand in 2014 to €163.5 thousand in 2018, while employment peaked at 774 in 2018 before stalling in 2019 amid a shortage of skilled IT professionals.
• The industry is dominated by very small studios: 79% employ fewer than ten people and 90% earn under €2 million annually, though the largest firms generate most of the revenue.