<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000914036</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000038140</seriesId>
        <classId>C000117545</classId>
        <classId>C000117544</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</regName>
      <regFileNumber>811-08090</regFileNumber>
      <regCik>0000914036</regCik>
      <regLei>3EICVM5HD7FVBIM8WO57</regLei>
      <regStreet1>P O BOX 1110</regStreet1>
      <regCity>FORT WAYNE</regCity>
      <regStateConditional regCountry="US" regState="US-IN"/>
      <regZipOrPostalCode>46801</regZipOrPostalCode>
      <regPhone>260-455-3404</regPhone>
      <seriesName>LVIP American Preservation Fund</seriesName>
      <seriesId>S000038140</seriesId>
      <seriesLei>0DEHRY0I9O01V5JVU932</seriesLei>
      <repPdEnd>2020-12-31</repPdEnd>
      <repPdDate>2020-06-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>735803031.69</totAssets>
      <totLiabs>1053286.55</totLiabs>
      <netAssets>734749745.14</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.00000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000117544" rtn1="0.88000000" rtn2="0.65000000" rtn3="0.44000000"/>
          <monthlyTotReturn classId="C000117545" rtn1="0.84000000" rtn2="0.62000000" rtn3="0.41000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <otherContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="13168.38000000" netUnrealizedAppr="5341460.17000000"/>
        <othMon2 netRealizedGain="-210567.75000000" netUnrealizedAppr="4425436.36000000"/>
        <othMon3 netRealizedGain="43591.60000000" netUnrealizedAppr="-426585.74000000"/>
      </returnInfo>
      <mon1Flow redemption="32430018.56000000" reinvestment="0.00000000" sales="20849907.56000000"/>
      <mon2Flow redemption="21130749.55000000" reinvestment="0.00000000" sales="11988400.90000000"/>
      <mon3Flow redemption="17731778.18000000" reinvestment="0.00000000" sales="21627131.22000000"/>


    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>American Intermediate Bond Fund of America</name>
        <lei>R8LBW477MUD2IBLY9S75</lei>
        <title>American Intermediate Bond Fund of America</title>
        <cusip>458809811</cusip>
        <identifiers>
          <isin value="US4588098115"/>
        </identifiers>
        <balance>11981383.82800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>169296953.49000000</valUSD>
        <pctVal>23.04144432982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Funds Insurance - Mortgage Fund</name>
        <lei>33730ZIO15J7RYERPX98</lei>
        <title>American Funds Insurance - Mortgage Fund</title>
        <cusip>02630E301</cusip>
        <identifiers>
          <isin value="US02630E3018"/>
        </identifiers>
        <balance>2641963.53900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29352214.92000000</valUSD>
        <pctVal>3.994858809295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Funds Insurance Series - Bond Fund</name>
        <lei>FHEDDMKTP6L2RVHI1O58</lei>
        <title>American Funds Insurance Series - Bond Fund</title>
        <cusip>030372809</cusip>
        <identifiers>
          <isin value="US0303728093"/>
        </identifiers>
        <balance>2538447.72400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29801376.28000000</valUSD>
        <pctVal>4.055990012534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Short Term Bond Fund of America</name>
        <lei>P0F9XIISTZ8DB31ZU527</lei>
        <title>American Short Term Bond Fund of America</title>
        <cusip>82524A813</cusip>
        <identifiers>
          <isin value="US82524A8137"/>
        </identifiers>
        <balance>32359178.85100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>329416440.70000000</valUSD>
        <pctVal>44.83382850813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Funds Insurance Series - High-Income Bond Fund</name>
        <lei>BXSNMSP305GO11OFDS19</lei>
        <title>American Funds Insurance Series - High-Income Bond Fund</title>
        <cusip>030372205</cusip>
        <identifiers>
          <isin value="US0303722054"/>
        </identifiers>
        <balance>2485507.74800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22990946.67000000</valUSD>
        <pctVal>3.129085354853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Funds Insurance Series - U.S. Government/AAA-Rated Securities Fund</name>
        <lei>ZIZPYJJVT4JGEJFM4E41</lei>
        <title>American Funds Insurance Series - U.S. Government/AAA-Rated Securities Fund</title>
        <cusip>030372502</cusip>
        <identifiers>
          <isin value="US0303725024"/>
        </identifiers>
        <balance>5036076.09500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>65871875.32000000</valUSD>
        <pctVal>8.965212408130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Funds - Bond Fund of America/The</name>
        <lei>FHEDDMKTP6L2RVHI1O58</lei>
        <title>American Funds - Bond Fund of America/The</title>
        <cusip>097873814</cusip>
        <identifiers>
          <isin value="US0978738146"/>
        </identifiers>
        <balance>1061374.06900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14848623.23000000</valUSD>
        <pctVal>2.020908932356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Funds U.S. Government Money Market Fund</name>
        <lei>DQVF8OHSEMDLUZG4L468</lei>
        <title>American Funds U.S. Government Money Market Fund</title>
        <cusip>02630U818</cusip>
        <identifiers>
          <isin value="US02630U8181"/>
        </identifiers>
        <balance>50982772.48000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50982772.48000000</valUSD>
        <pctVal>6.938794170018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Funds Insurance Series - Global Bond Fund</name>
        <lei>76DXPVU3WVUTJZFYDE42</lei>
        <title>American Funds Insurance Series - Global Bond Fund</title>
        <cusip>030372577</cusip>
        <identifiers>
          <isin value="US0303725776"/>
        </identifiers>
        <balance>1865792.21900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22650717.54000000</valUSD>
        <pctVal>3.082779911095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-07-15</ncom:dateSigned>
      <ncom:nameOfApplicant>LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</ncom:nameOfApplicant>
      <ncom:signature>William Flory</ncom:signature>
      <ncom:signerName>William Flory</ncom:signerName>
      <ncom:title>VP</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
