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About

Ingrida Šimonytė is a Lithuanian politician, economist, and public servant who served as the 17th Prime Minister of Lithuania from 2020 to 2024. Prior to becoming Prime Minister, she served as Minister of Finance and as a Member of the Seimas (Lithuanian Parliament). She has also been a presidential candidate, losing in the second round runoff in both 2019 and 2024. Šimonytė is known for her expertise in economics and her commitment to fiscal responsibility and transparency.

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Career Timeline

2009C$0.2M

Appointed Finance Minister

Became Finance Minister during Lithuania's severe economic crisis. She implemented strict austerity measures that stabilized the economy, earning her a reputation as a tough and competent economist.

2014C$0.3M+$0.09999999999999998M

Left Government for Academia

Stepped down as Finance Minister and returned to academic and analytical work. Though out of government, she remained a respected voice on economic policy in Lithuania.

2016C$0.4M+$0.10000000000000003M

Elected to Seimas

Won election to the Lithuanian Parliament (Seimas), re-entering politics. She positioned herself as a center-right voice focused on fiscal responsibility and good governance.

2019C$0.5M+$0.09999999999999998M

Lost Presidential Election Runoff

Ran for president and made it to the second round but lost to Gitanas Nausėda. Despite the loss, her strong performance raised her national profile significantly.

2020B$0.7M+$0.19999999999999996M

Became Prime Minister

Her center-right coalition won parliamentary elections, and she became Prime Minister. She led Lithuania through the COVID-19 pandemic and strengthened ties with NATO allies amid rising Russian aggression.

2022B$0.9M+$0.20000000000000007M

Led Lithuania During Ukraine War

Lithuania became a strong supporter of Ukraine under her leadership following Russia's invasion. Šimonytė gained international recognition for her firm stance against Russian aggression and advocacy for European security.

2024B$1M+$0.09999999999999998M

Lost PM Position and Presidency

Her coalition lost parliamentary elections, ending her tenure as Prime Minister. She also ran for president again but lost in the runoff for a second time. Despite these setbacks, she remains a prominent political figure.

2026B$1M

Influential Opposition Leader

Currently serves in the Seimas as an influential opposition voice. She is widely respected for her economic expertise, principled leadership during the Ukraine crisis, and commitment to Lithuania's European and transatlantic orientation.

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Last updated: February 23, 2026