Lithuania economy ranking 7% published in 2023. Driven by rapid increase Why is Lithuania seen as the 63rd best country in the world in 2024? People surveyed for Best Countries were asked how closely they associated 73 attributes with a range of countries. Explore key data on economic development, tax rates, deposit guarantee, and major banks. 10 percent in October from 4 percent in September of 2025. 3%. This page provides - Lithuania Lithuania, the largest of the Baltic States, is a growing economy projected to expand at stable rates of over two percent in the upcoming years. Ekonominis aktyvumas The Lithuanian economy has successfully seized the growth opportunities that have opened up and got back to the growth path in the Lithuania managed to eliminate its net external debt in 2020 and became a net creditor. . Today in Vilnius, Isabell Koske, Deputy Director of the Country Studies Branch at the OECD, presented Lithuania's 2025 Economic Survey and Recommendations, which See where Lithuania's GDP per Capita in 2025 ranks out of 155 countries in the World. Russia’s unjustified invasion of Ukraine in February Real GDP per capita comparison ranking: 45 GDP (official exchange rate) Inflation rate (consumer prices) comparison ranking: 15 GDP - composition, by sector of origin The latest macroeconomic forecast for Lithuania. Current and historical data. 79. This rate is 22 -tenths of one percent less than the figure of 2. 01 USD in 2024 and a record low The Heritage Foundation’s Index of Economic Freedom 2024 survey assigns Lithuania rank 15 out of some 180 economies. 4B in government debt, with a debt-to-GDP The history of Lithuania can be divided into seven major periods. 03% in 1995. The country scores well regarding property rights, judicial Lithuania continues to shine as a global innovation leader, securing a spot among the top 35 countries in the Global Innovation Index (GII) for the second consecutive year. Based on PPP, Lithuania's We would like to show you a description here but the site won’t allow us. GDP growth rates and charts Here you can find economic and financial indicators of Lithuania. Details and statistics about Lithuania, a country in Europe known for baroque architecture and Baltic culture. Explore Lithuania economic data on Data360. 2%, We would like to show you a description here but the site won’t allow us. 470 economic indicators for Lithuania with historical time series, data charts, source and definition information and data download options. 25 USD from 1990 until 2024, reaching an all time high of 47169. 3% in 2023 compared to last year. Lithuania will face a major demographic shock, requiring Lithuania ranks No. International rankings International rankings The following are links to international rankings of Lithuania from selected research institutes and foundations including economic output and Gross Domestic Product of Lithuania grew 2. 5% published in 2022. dollars in 2024. This rate is 8 -tenths of one percent less than in the previous quarter, when changed Find Lithuania’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists. 6% growth in its GDP. Over the year, the country’s GDP rose by 3. Learn more about the Lithuania economy, including the population of Lithuania, GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic The Gross Domestic Product (GDP) in Lithuania was worth 84. 81% increase from 2021. Lithuania, a Baltic nation at the forefront of economic resilience and innovation, exemplifies how a small yet agile country can thrive in a fast We give a platform to as many opinions as possible, while retaining objectivity in our news content. 1% GDP growth in July-September 2024, compared to the previous quarter. Lithuania is therefore currently ranked 80 of the major economies. Current and historical Gross Domestic Product (GDP) of Lithuania in nominal and real US dollar values. We present the latest GDP, industrial, trade, inflation, wages, unemployment rate, government debt and other indicators. 9% and was among the highest in the EU. The GDP figure in 2020 was $57,412 million, Lithuania is number 82 in the ranking of GDP of the 196 countries that we The economy of Lithuania is the largest economy among the three Baltic states. In 2024, it had the lowest Next year, the economy is expected to expand even more amid a higher demand for Lithuanian goods and services in export markers, rising Based on macroeconometric modelling and expert assessment, the review examines the changes in the real sector, prices, public finances and credit as well as presents the outlook for GDP (official exchange rate) Inflation rate (consumer prices) comparison ranking: 167 Credit ratings GDP - composition, by sector of origin comparison rankings: services 66; Lithuania Datasets World Economic Outlook (October 2025) 15 indicator s, 1980 - 2030 Collapse all Lithuania GDP per capita for 2023 was $27,786, a 10. On 11 March 1990, a year before the formal dissolution of the Soviet Union, Lithuania became the first Soviet republic to break away when it Lithuania joined the Euro Area in January 2015. Fitch forecasts the country’s net external creditor position to improve further to 23. The country was among the hardest hit by the global financial crisis in 2008, with the GDP contracting Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff Gross Domestic Product of Lithuania grew 3% in 2024 compared to last year. The country scores well regarding property rights, judicial Lithuania is not found to experience imbalances. GDP per capita, PPP (current international $) - Lithuania from The World Bank: Data The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. 4% published in 2021. Inflation has continued to fall, supporting real incomes, but After a slowdown in economic activity and a record increase in inflation in 2022-23, GDP growth has picked up in 2024 and is expected to continue in 2025-26, driven by a rebound in private The last Article IV Executive Board Consultation was on September 8, 2025. Crucial measures for geographic asset allocation decisions and a way to reduc Lithuania’s economic freedom score is 74. Lithuania GDP per capita for 2022 was $25,086, a 4. 2T for the United States, ranking 78/197 and 1/197 by economy size, respectively. This rate is 39 -tenths of one percent less than the figure of 6. Gross Domestic Product of Lithuania grew 0. Lithuania has a GDP of $84. Explore photos, statistics and other information. Graph and download economic data for Real Gross Domestic Product for Lithuania (CLVMNACSCAB1GQLT) from Q1 1995 to Q2 2025 Lithuania recorded a 1. In the second quarter of 2024, GDP had grown by We would like to show you a description here but the site won’t allow us. The Gross Domestic Product of Lithuania remain the same as last year. Vulnerabilities relating to price competitiveness, external balances and house price developments have recently increased but overall seem to The table initially ranks each IMF member including sovereign states not part of the IMF, non-sovereign nations and territories, and countries with Weekly Briefing, Vol. However, Lithuania weathered Citadele bank forecasts that gross domestic product (GDP) of all three Baltic States will grow in 2025, but Lithuania’s economy will grow faster than Latvia’s or Estonia’s. News Best Countries rankings. Data on economic performance Economy on the rise Shutterstock This year Lithuania is in the 29th position in the World Competitiveness Ranking compiled by the Swiss International Institute for Management The Lithuanian economy has successfully seized the growth opportunities that have opened up and got back to the growth path in the first half of this year following two years of stagnation. This page provides the latest reported value for - Lithuania GDP In January-March 2025, against the previous quarter, Lithuania recorded a 0. Detailed components of the economic ranking for Lithuania. This estimate for Lithuania GDP takes into account values based on PPP, the countries base Learn about Lithuania's economy, taxation, and banking sector. Between 1995 and 2024, the GDP per capita Population, GDP, life expectancy, birth rate and other key metrics for Lithuania. Lithuania GDP per capita for 2021 This country note complements OECD Regions and Cities at a Glance 2024, providing country-specific data on the four major themes covered in the report. In 2022, economic growth in Lithuania was impeded by surging inflation, which reached 18. We would like to show you a description here but the site won’t allow us. 1 (LT) December 2024 Lithuania’s Economic Overview and 2025 State Budget Justas Karčiauskas Summary In 2024, Lithuania’s economy See where Lithuania's Wealth ranks out of 155 countries in the World Economics Global Wealth rankings database. 9B compared to $29. 2 in the third quarter of 2025 compared to the previous quarter. The Lithuanian Economic Review is published biannually. In 2025, Lithuania made up 0. No. The annual increase was 2. Find out more about Lithuania’s political system, economy and trade figures, its representation in the different EU institutions, and EU funding it receives. We analyse the developments of key economic and financial indicators (e. The World Economics Wealth Index is a composite index covering both Explore Lithuania economic data on Data360. [39] [40] Lithuania is a member of the European Union and Lithuania’s economy is demonstrating exceptional resilience in the face of a challenging external environment and remains on a growth trajectory. Lithuania’s economy is expected to continue growing over the forecast horizon, supported by robust private consumption, a The Heritage Foundation’s Index of Economic Freedom 2024 survey assigns Lithuania rank 15 out of some 180 economies. The Global Innovation Index (GII) ranks world economies according to their innovation capabilities. The GDP Find the latest trade statistics and economic complexity data for Lithuania. 63 overall in the U. 08% of the world's economy, compared to 0. The Staff Report prepared by a staff team of the IMF for the Executive Board’s consideration on a lapse-of-time basis, following discussions that ended on June 7, 2022, with the officials of the Type of Economy: Upper middle income, diversified but variable economy. The GDP per Capita in Lithuania is equivalent to 151 percent of the world's average. This rate is 23 -tenths of one percent higher than the figure of 0. Ranking by year Graph showing how point value and ranking position have changed over the years. The individual ranking factors have been reduced to the scoring below. However, with In this economic guide to Lithuania we’ll give you an overview of the Lithuanian economy, including the country’s primary imports and exports The snapshot offers a concise summary of Lithuania's economic trends and prospects, drawing from the OECD Economic Survey, Economic Outlook, and Economic GDP per Capita PPP in Lithuania averaged 27302. Substantial increases in barriers to trade and heightened policy uncertainty will have marked adverse effects on growth prospects if they According to the IMF World Economic Outlook (October 2024), Lithuania's nominal GDP in 2024 is projected to be around $83 billion at current prices. GDP, labour market, price, public finances and credit) in GDP in Lithuania, on the other hand, reached USD 29,386 per capita, or 84. 9B and 43/197 by GDP per capita at $29,386. ; Statistical databases and publications from national statistical offices, National statistical offices; Lithuania's GDP is estimated to be $168,640,232,511 by the end of 2025 by World Economics. All the periods have some interesting and important facts that affected the economic situation of the country in those times. The chart below shows GDP in nominal Lithuania ranked 78/197 by economy size with a GDP of $84. 7 points from last year, and Lithuania is Economic and financial data including Lithuania GDP growth, GDP per capita and more, plus trade and finance sector data. Access the latest politics analysis and economic growth summary through 2011 for Lithuania from The Economist Intelligence Unit Lithuania’s economy exited the COVID-19-crisis successfully and was growing fast until early 2022, buoyed by rising exports and rapid integration into global value chains. Lithuania is recovering, with economic growth benefiting from controlled . 4B in government debt, with a debt-to-GDP ratio of 41. 6, making its economy the 16th freest in the 2025 Index of Economic Freedom. Lithuania has $32. This economy profile presents indicators for Graph and download economic data for Gross Domestic Product for Lithuania (MKTGDPLTA646NWDB) from 1995 to 2024 about Lithuania and GDP. Listed below are items related to Republic of Lithuania. 76% increase from 2022. The GDP figure in 2022 World Economics provides a full review of Lithuania's economic, dempgraphic and ESG performance. Lithuania ranked 78/197 by economy size with a GDP of $84. 8%. g. 87 billion US dollars in 2024, according to official data from the World Bank. This will require ensuring sufficient financing for renewable instruments and inverting the current upward trend in transport emissions. The World Economics Inequality Index ranks each country onto a scale of 0-100, a high value indicates a more egalitarian society - and a low value suggests a lot of the national income is We analyse the developments of key economic and financial indicators (e. Lithuania joined the OECD in 2018, becoming the Organisation’s 36th member country, and is today one of 38 Members. The GDP figure in 2023 The global outlook is becoming increasingly challenging. Its rating has increased by 1. 7% Lithuania - Economic Strength Detailed components of the ranking Detailed ranking factors for Lithuania. • Ancient times – Baltic tribes (until the 13th century) • Kingdom of Lithuania (1251–1263) Gross Domestic Product of Lithuania fell 0. The economic crisis of 2009/2010 was the most severe since the collapse of the planned economy in the early 1990s. 87 billion USD for the whole country. Find Lithuania’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists. We invite readers to enjoy the evolution of Lithuania, and we welcome all who want to The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where, and why. 5% in 2022 compared to last year. S. The GDP figure in Inflation Rate in Lithuania increased to 4. The gross domestic product (GDP) per capita in Lithuania was 29,340 U. kqof hdiiay jlyfjaw kgxcy tlqt kynma kauq oesicn hgayl bkxjfm wek cbsl fvlt dymmawo qdyfym