Palaima is a village in Biržai District Municipality, in Panevėžys County, Lithuania. Palaima lies at 67 m above sea level. It has 26 inhabitants (2021). The nearest city is Panevėžys, 37 km to the southwest. Among the landmarks around are Biržai Castle (27 km), Gediminas Bridge (17.5 km) and Beržėnai Manor (15.2 km).