2019 may be the first year in almost three decades that people coming to live in Lithuania will outnumber those leaving, analysts at Swedbank believe.
“As we predicted at the beginning of the year, this year may be the first year since independence when more people arrive to live in Lithuania than leave,” Swedbank Lithuania's chief economist Nerijus Mačiulis said in an economic overview report published on Thursday.
“Last year's record-high immigration has not led to a slowdown in wage growth. This dispels the myth that immigrants take away jobs or put downward pressure on other workers' wages,” he said.
Official statistics published earlier this week show a positive migration balance for the second successive month in March, with 3,119 people leaving and 3,518 arriving.
The reversal was due to an increase in foreign arrivals. Lithuanian citizens accounted for 60 percent of inbound and 87 percent of outbound migrants in March.
Lithuania lost nearly 3,300 people to emigration last year, the lowest number since the country joined the European Union in 2004.