Lithuania Lithuania

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Lithuania, is a country located at Northern Europe, it has an area of 65,290 Km2 and it may be considered quite a small country.

Lithuania, with a population of 2,885,891 people, it is one of the least populous country in the world and it has a moderate population density, 44 people per km2.

It's capital is Vilnius and its currency is Euros

Lithuania is holding the 81 position by nominal GDP. Its national debt in 2023 was 27,558 millions of euros (29,798 millions of dollars), ( 38.3% debt-to-GDP ratio) and its public debt per capita is €9,549 euros per inhabitant$10,326 dollars per inhabitant.

The last annual rate of CPI published in Lithuania was on May of 2024 and it was 0.5%.

In terms of the human development index (HDI) of Lithuania, which is the index used by the United Nations to measure the progress of a country, was 0.875 points in 2021, leaving it in 36th place in the table of 191 countries published.

If the reason to visit Lithuania are business, you must know it's in the 11th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Lithuania, if you want to see information about other countries click here

Vilnius: Monthly Temp.
Vilnius: Monthly Rainfall
Lithuania Economy
Gouvernement
Qu. GDP Per Capita [+]2024Q16,452K
Annual GDP [+]2023€71,986M
Annual GDP [+]2023$77,836M
GDP per capita [+]2023€25,070
GDP per capita [+]2023$26,971
Quarterly GDP [+]2024Q1€18,620M
Debt (M.€.) [+]202327,558
Debt ($M) [+]202329,798
Debt (%GDP) [+]202338.30%
Debt Per Capita [+]2023€9,549
Debt Per Capita [+]2023$10,326
Deficit (M.€) [+]2023-573
Deficit ($M) [+]2023-619
Deficit (%GDP) [+]2023-0.80%
Expenditure (M.€) [+]202327,498.5
Expenditure ($M) [+]202329,734.1
Education Expenditure (M.€) [+]20212,682.7
Education Expenditure ($M) [+]20213,172.9
Education Expenditure (%Bud.) [+]202112.74%
Gov. Health Exp. (M.€) [+]20233,494,951,000.0
Gov. Health Exp.($M) [+]20233,779,090,516.3
Gov. Health Exp. (%Bud.) [+]202114.01%
Defence Expenditure (M.€) [+]20221,701.2
Defence Expenditure ($M) [+]20221,791.4
Defence Expenditure (%Bud.) [+]20226.41%
Expenditure (%GDP) [+]202338.20%
Expenditure Per Capita [+]2023€9,529
Expenditure Per Capita [+]2023$10,303
Education Expenditure P.C [+]2021€955
Education Expenditure P.C [+]2021$1,111
Gov. Health Exp. P.C. [+]2023€1,223
Gov. Health Exp. P.C. [+]2023$1,323
Defence Expenditure P.C. [+]2022€601
Defence Expenditure P.C. [+]2022$630
Moody's Rating [+]04/19/2024A2
S&P Rating [+]05/31/2024A
Fitch Rating [+]01/31/2020A
Corruption Index [+]202262
Competitiveness Ranking [+]201939º
Fragile States Index [+]201839.4
RTI Raking [+]2022114º
Innovation Ranking [+]201840º
Labour
Unemployment Rate [+]May 20247.7%
Unemployment rate [+]2024Q18.2%
Unemployed [+]2024Q1127K
NMW [+]2024$1,021.0
NMW [+]2024€924.0
Average Wage [+]2023$25,312
Average Wage [+]2023€23,409
Human Capital Ranking [+]201725º
Markets
US Dollar exchange rate [+]07/26/20240.9208
Stock ExchangeYTD % [+]07/26/20244.91%
Prices
CPI (overall index) [+]May 20240.5%
HICP [+]June 20241.0%
PPI Year on Year [+]May 2024-1.8%
Money Market
Key rates [+]06/12/20244.25%
Business
Doing Business [+]202011º
IPI Year on Year [+]April 20242.4%
Passengers vehicles Year [+]December 202225,538
Annual Vehicles/ 1,000 p. [+]December 202213.62
Vehicles / 1,000 people [+]2021521.51
Taxes
Tax Revenue (%GDP) [+]202231.6%
Standard VAT [+]09/01/200921.00%
Top tax rate + SSC [+]202239.0%
Trade
Annual arrivals [+]20192,874,900
Exports [+]2023€39,759.9M
Exports [+]2023$42,639.2M
Exports % GDP [+]202355.23%
Imports [+]2023€44,847.4M
Imports [+]2023$48,436.0M
Imports % GDP [+]202362.30%
Trade balance [+]2023€-5,087.5M
Trade balance [+]2023$-5,796.8M
Trade balance % GDP [+]2023-7.07%
Retail Sales YoY [+]December 2023-1.9%
Socio-Demography
Global AgeWatch Ranking [+]201563º
Density [+]202344
Global Peace Ranking [+]202336º
Crude divorce rate [+]20222.60‰
Remittance received ($M) [+]20171,302.0
% Immigrant [+]20205.19%
% Emigrant [+]202023.54%
Birth Rate [+]20237.20‰
Remittance sent ($M) [+]2017241.4
Crude death rate [+]202312.90‰
Fertility Rate [+]20221.27
Crude marriage rate [+]20225.70‰
% risk of poverty [+]202320.6%
Population [+]20232,885,891
Immigrant stock [+]2020145,184
Emigrant stock [+]2020658,057
HDI [+]20210.875
Gender Gap Ranking [+]2023
Life expectancy [+]202377.30
Suicides [+]2022533
Suicide rate [+]202218.65
Number of homicides [+]202267
Rate Homicides per 100.000 [+]20222.44
Energy and Environment
CO2 Tons per capita [+]20224.69
Annual crude oil production [+]20231
Crude Oil Reserves [+]202112.0
Consumption GWh [+]202211,227
Generation GWh [+]20223,515
Others
COVID-19 - Deaths [+]07/07/20249,809
COVID-19 - Confirmed [+]07/07/20241,367,286
Fully vaccinated [+]07/25/20241,881,106
COVID-19 - Deaths per million population [+]07/07/20243,398.95
Doses administered [+]07/25/20244,604,833