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 2,857,279 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 83 position by nominal GDP. Its national debt in 2022 was 25,672 millions of euros (26,831 millions of dollars), ( 38.1% debt-to-GDP ratio) and its public debt per capita is €8,985 euros per inhabitant$9,390 dollars per inhabitant.

The last annual rate of CPI published in Lithuania was on December of 2023 and it was 1.2%.

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 [+]2023Q46,350K
Annual GDP [+]2022€67,399M
Annual GDP [+]2022$70,390M
GDP per capita [+]2022€23,800
GDP per capita [+]2022$24,989
Quarterly GDP [+]2023Q4€18,321M
Debt (M.€.) [+]202225,672
Debt ($M) [+]202226,831
Debt (%GDP) [+]202238.10%
Debt Per Capita [+]2022€8,985
Debt Per Capita [+]2022$9,390
Deficit (M.€) [+]2022-440
Deficit ($M) [+]2022-449
Deficit (%GDP) [+]2022-0.70%
Expenditure (M.€) [+]202224,510.3
Expenditure ($M) [+]202225,627.3
Education Expenditure (M.€) [+]20181,771.9
Education Expenditure ($M) [+]20182,093.5
Education Expenditure (%Bud.) [+]201811.74%
Gov. Health Exp. (M.€) [+]20223,416,656,000.0
Gov. Health Exp.($M) [+]20223,597,738,768.0
Gov. Health Exp. (%Bud.) [+]201712.77%
Defence Expenditure (M.€) [+]20221,700.2
Defence Expenditure ($M) [+]20221,775.7
Defence Expenditure (%Bud.) [+]20226.41%
Expenditure (%GDP) [+]202236.40%
Expenditure Per Capita [+]2022€8,578
Expenditure Per Capita [+]2022$8,969
Education Expenditure P.C [+]2018€633
Education Expenditure P.C [+]2018$747
Gov. Health Exp. P.C. [+]2022€1,218
Gov. Health Exp. P.C. [+]2022$1,282
Defence Expenditure P.C. [+]2022€600
Defence Expenditure P.C. [+]2022$630
Moody's Rating [+]04/29/2022A2
S&P Rating [+]12/02/2022A+
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 [+]December 20236.3%
Unemployment rate [+]2023Q47.8%
Unemployed [+]2023Q4117K
NMW [+]2023$897.4
NMW [+]2024€924.0
Average Wage [+]2022$21,762
Average Wage [+]2022€20,667
Human Capital Ranking [+]201725º
Markets
US Dollar exchange rate [+]02/29/20240.9237
Stock ExchangeYTD % [+]12/29/2024-0.04%
Prices
CPI (overall index) [+]December 20231.2%
HICP [+]January 20241.1%
PPI Year on Year [+]January 2024-8.2%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202011º
IPI Year on Year [+]December 2023-3.4%
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€39,772.8M
Exports [+]2023$39,403.8M
Exports % GDP [+]202265.75%
Imports [+]2023€45,219.1M
Imports [+]2023$44,626.4M
Imports % GDP [+]202277.96%
Trade balance [+]2023€-4,830.0M
Trade balance [+]2023$-5,889.1M
Trade balance % GDP [+]2022-12.21%
Retail Sales YoY [+]December 2023-1.9%
Socio-Demography
Global AgeWatch Ranking [+]201563º
Density [+]202244
Global Peace Ranking [+]202336º
Crude divorce rate [+]20212.80‰
Remittance received ($M) [+]20171,302.0
% Immigrant [+]20205.19%
% Emigrant [+]202023.54%
Birth Rate [+]20227.80‰
Remittance sent ($M) [+]2017241.4
Crude death rate [+]202215.10‰
Fertility Rate [+]20211.36
Crude marriage rate [+]20216.00‰
% risk of poverty [+]202220.9%
Population [+]20222,857,279
Immigrant stock [+]2020145,184
Emigrant stock [+]2020658,057
HDI [+]20210.875
Gender Gap Ranking [+]2023
Life expectancy [+]202276.00
Suicides [+]2022533
Suicide rate [+]202218.65
Number of homicides [+]202267
Rate Homicides per 100.000 [+]20222.44
Energy and Environment
CO2 Tons per capita [+]20214.87
Annual crude oil production [+]20221
Crude Oil Reserves [+]202112.0
Consumption GWh [+]202111,822
Generation GWh [+]20213,704
Others
COVID-19 - Deaths [+]02/18/20249,797
COVID-19 - Confirmed [+]02/18/20241,364,151
Fully vaccinated [+]02/27/20241,881,095
COVID-19 - Deaths per million population [+]02/18/20243,428.79
Doses administered [+]02/27/20244,604,579