Skip to content

Economy of Algeria vs Lithuania compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $84.9B for Lithuania, ranking 51/197 and 79/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Algeria vs Lithuania GDP by year

Algeria
Lithuania
1x
Year GDP, current $
Algeria Lithuania
2024 $269,322,281,665 $84,869,215,513
2023 $247,923,887,215 $79,789,877,416
2022 $225,581,644,703 $71,033,884,500
2021 $186,231,205,262 $67,037,321,009
2020 $164,873,415,325 $57,412,038,533
2019 $193,459,662,091 $55,122,066,226
2018 $194,554,483,656 $54,261,795,149
2017 $189,880,896,903 $47,756,764,508
2016 $180,763,839,522 $42,970,749,245
2015 $187,493,855,609 $41,540,954,817
2014 $238,942,664,193 $48,306,546,657
2013 $229,701,430,292 $46,303,660,422
2012 $227,143,746,076 $42,709,372,067
2011 $218,331,946,925 $43,186,501,863
2010 $177,785,053,940 $36,638,128,534
2009 $150,317,292,079 $37,494,380,039
2008 $180,383,848,331 $47,831,254,208
2007 $142,482,739,810 $39,729,151,615
2006 $123,084,258,693 $30,116,192,747
2005 $107,046,618,670 $26,105,207,115
2004 $91,913,680,985 $22,743,164,431
2003 $73,482,264,191 $18,809,197,970
2002 $61,516,103,406 $14,282,292,665
2001 $59,413,400,924 $12,260,761,329
2000 $54,790,398,570 $11,550,695,727
1999 $48,640,671,735 $11,022,095,814
1998 $48,187,781,984 $11,289,161,847
1997 $48,177,612,042 $10,168,271,903
1996 $46,941,554,225 $8,430,207,164
1995 $41,764,291,672 $7,921,210,340
1994 $42,543,176,829 -
1993 $49,945,584,453 -
1992 $48,003,133,347 -
1991 $45,715,676,428 -
1990 $62,048,507,531 -
1989 $55,634,721,573 -
1988 $59,089,396,860 -
1987 $66,745,818,375 -
1986 $63,692,007,897 -
1985 $57,937,868,670 -
1984 $53,698,548,293 -
1983 $48,801,369,800 -
1982 $45,207,167,470 -
1981 $44,348,590,461 -
1980 $42,345,829,079 -
1979 $33,243,706,860 -
1978 $26,364,491,313 -
1977 $20,972,113,685 -
1976 $17,728,240,932 -
1975 $15,557,902,754 -
1974 $13,209,871,626 -
1973 $8,707,858,912 -
1972 $6,766,743,957 -
1971 $5,077,183,094 -
1970 $4,863,526,897 -
1969 $4,257,253,264 -
1968 $3,852,147,027 -
1967 $3,370,870,376 -
1966 $3,039,859,187 -
1965 $3,136,284,307 -
1964 $2,909,316,435 -
1963 $2,702,982,018 -
1962 $2,001,444,544 -
1961 $2,434,747,056 -
1960 $2,723,615,451 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/lithuania | CC BY

GDP per capita in Algeria vs Lithuania by year

Algeria
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $29,384 $55,286
2023 $5,370 $16,824 $27,786 $52,348
2022 $4,960 $15,836 $25,086 $50,936
2021 $4,161 $14,497 $23,870 $45,874
2020 $3,744 $12,677 $20,429 $41,263
2019 $4,468 $13,893 $19,609 $40,564
2018 $4,577 $13,727 $19,247 $36,492
2017 $4,555 $13,494 $16,800 $31,305
2016 $4,425 $13,438 $14,934 $28,699
2015 $4,685 $13,807 $14,270 $26,949
2014 $6,095 $14,694 $16,446 $26,275
2013 $5,980 $14,371 $15,637 $24,890
2012 $6,034 $14,441 $14,288 $23,275
2011 $5,916 $14,640 $14,262 $21,558
2010 $4,913 $14,201 $11,829 $18,719
2009 $4,235 $13,651 $11,854 $17,055
2008 $5,181 $13,666 $14,956 $19,410
2007 $4,167 $13,321 $12,295 $17,969
2006 $3,661 $12,791 $9,210 $15,522
2005 $3,233 $12,246 $7,857 $13,951
2004 $2,817 $11,432 $6,735 $12,605
2003 $2,284 $10,803 $5,507 $11,660
2002 $1,937 $10,080 $4,148 $10,296
2001 $1,896 $9,544 $3,533 $9,399
2000 $1,773 $9,187 $3,301 $8,475
1999 $1,596 $8,776 $3,128 $7,918
1998 $1,603 $8,503 $3,181 $7,846
1997 $1,629 $8,129 $2,844 $7,167
1996 $1,617 $8,053 $2,341 $6,479
1995 $1,467 $7,747 $2,183 $6,023
1994 $1,526 $7,463 - $5,667
1993 $1,831 $7,538 - $6,107
1992 $1,803 $7,705 - $7,087
1991 $1,759 $7,582 - $8,790
1990 $2,445 $7,602 - $9,030
1989 $2,247 - - -
1988 $2,451 - - -
1987 $2,847 - - -
1986 $2,800 - - -
1985 $2,633 - - -
1984 $2,524 - - -
1983 $2,374 - - -
1982 $2,275 - - -
1981 $2,307 - - -
1980 $2,276 - - -
1979 $1,843 - - -
1978 $1,506 - - -
1977 $1,232 - - -
1976 $1,080 - - -
1975 $992 - - -
1974 $873 - - -
1973 $590 - - -
1972 $469 - - -
1971 $360 - - -
1970 $353 - - -
1969 $316 - - -
1968 $292.4 - - -
1967 $261.8 - - -
1966 $241.4 - - -
1965 $253.6 - - -
1964 $238.9 - - -
1963 $225.6 - - -
1962 $169.6 - - -
1961 $209.4 - - -
1960 $238.4 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/lithuania | CC BY

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Lithuania ranks 39th at $55,286.

Economic indicators

Algeria Lithuania
Gross domestic product
$269B
2024
$84.9B
2024
GDP rank
51/197
2024
79/197
2024
GDP growth
3.7%
2023-2024
2.77%
2023-2024
GDP per capita
$5,753
2024
$29,384
2024
GDP per capita rank
114/197
2024
43/197
2024
GDP per capita, PPP
$17,621
2024
$55,286
2024
GDP per capita PPP rank
105/197
2024
39/197
2024
Government debt
$129B
2024
$32.4B
2024
Debt-to-GDP ratio
48.1%
2024
38.2%
2024
Government debt per person
$2,765
2024
$11,232
2024
Government debt per person rank
106/185
2024
49/185
2024
Average annual personal income after taxes
$3,787
2026
$19,946
2026
Market capitalization of domestic companies
$371M
2018
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
27.3%
2023
Income share by poorest 10%
4%
2011
2.2%
2023
Government expenditure, % of GDP
36.8%
2024
39.5%
2024
Consumer prices inflation
4.05%
2023-2024
0.72%
2023-2024
Central bank interest rate
3%
2020
n/a
Unemployment rate
12%
2017
7.1%
2024
Population
48222325
2829914

Spending and national debt comparison by year

Algeria
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Algeria Lithuania
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 39.5% 38.2%
2023 37.4% 47.7% 37.4% 37.3%
2022 32.7% 48.1% 36.3% 38.1%
2021 32.5% 55.1% 37.3% 43.3%
2020 37.5% 46% 42.4% 45.9%
2019 37.1% 40.9% 34.6% 35.6%
2018 36.2% 34.5% 33.8% 33.3%
2017 36.2% 24% 33.4% 39.3%
2016 37.2% 18.1% 34.5% 40%
2015 40.9% 7.73% 35.2% 42.6%
2014 36.9% 6.85% 35% 40.7%
2013 33.5% 6.48% 35.7% 38.9%
2012 40% 8.58% 36.6% 39.9%
2011 37.7% 8.48% 40.1% 37.5%
2010 35.1% 9.51% 43% 36.7%
2009 40.1% 8.92% 44.8% 27.9%
2008 37.3% 7.64% 38.2% 14.6%
2007 33.1% 12.8% 35.3% 15.9%
2006 27.8% 22.5% 34.4% 17.3%
2005 27.8% 25.4% 34.1% 17.6%
2004 27.1% 32.7% 33.9% 18.6%
2003 27% 38.2% 32.8% 20.4%
2002 32.5% 47.3% 34.4% 22.1%
2001 29.1% 50% 36.5% 22.9%
2000 26.4% 53.4% 38.7% 23.5%
1999 29.4% 69.7% 42.4% 28%
1998 28.7% 79.9% 39.6% 21.7%
1997 28.5% 79.6% 35% -
1996 26.9% 90.7% 34.4% -
1995 28.9% 95.9% 35.5% -
1994 30.9% 106.3% - -
1993 32.6% 76.8% - -
1992 28.2% 69.3% - -
1991 27.6% 86.1% - -
1990 23.3% 63.6% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-02-20).

GeoRank.org/economy/algeria/lithuania | CC BY

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 38.2% in Lithuania, ranking 113/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Lithuania
1x
Year Deficit/surplus, % of GDP
Algeria Lithuania
2024 -13.8% -1.28%
2023 -5.52% -0.69%
2022 -2.96% -0.72%
2021 -6.32% -1.15%
2020 -10.5% -6.42%
2019 -8.51% 0.41%
2018 -6.15% 0.52%
2017 -7.55% 0.36%
2016 -11.8% 0.03%
2015 -13.9% -0.77%
2014 -7.14% -1.79%
2013 -0.79% -2.69%
2012 -4.04% -3.15%
2011 -1.06% -5.92%
2010 -1.35% -6.95%
2009 -6.53% -9.09%
2008 7.79% -3.09%
2007 4.63% -0.82%
2006 12.9% -0.27%
2005 11.4% -0.34%
2004 6.36% -1.39%
2003 7.22% -1.26%
2002 0.21% -1.85%
2001 3.15% -3.52%
2000 8.91% -3.18%
1999 -1.83% -7.82%
1998 -3.52% -4.93%
1997 2.19% -0.76%
1996 2.7% -3.59%
1995 -1.3% -3.31%
1994 -4.05% -
1993 -7.79% -
1992 -1.05% -
1991 1.53% -
1990 3.35% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/algeria/lithuania | CC BY

In 2024, Algeria's government deficit, the difference between spending and revenue, was $37.1B, equivalent to 13.8% of GDP. This compares to Lithuania's deficit of $1.09B, or 1.28% of GDP.

Over the past 30 years, Algeria recorded a fiscal deficit in 19 of those years, while Lithuania ran a deficit in 26 years. On average, Algeria posted an annual deficit equal to 1.57% of GDP, compared to deficit of 2.51% of GDP for Lithuania.

Inflation comparison by year

Inflation
Algeria

Lithuania
1x
Year Consumer prices inflation
Algeria Lithuania
2024 4.05% 0.72%
2023 9.32% 9.12%
2022 9.27% 19.7%
2021 7.23% 4.68%
2020 2.42% 1.2%
2019 1.95% 2.33%
2018 4.27% 2.7%
2017 5.59% 3.72%
2016 6.4% 0.91%
2015 4.78% -0.88%
2014 2.92% 0.1%
2013 3.25% 1.05%
2012 8.89% 3.09%
2011 4.52% 4.13%
2010 3.91% 1.32%
2009 5.74% 4.45%
2008 4.86% 10.9%
2007 3.68% 5.74%
2006 2.31% 3.74%
2005 1.38% 2.66%
2004 3.96% 1.16%
2003 4.27% -1.13%
2002 1.42% 0.28%
2001 4.23% 1.37%
2000 0.34% 0.98%
1999 2.65% 0.73%
1998 4.95% 5.07%
1997 5.73% 8.88%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/lithuania | CC BY

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 3.53% in Lithuania. In 2024, inflation was 4.05% in Algeria and 0.72% in Lithuania.

Top exports between countries

Algeria
Export category Export value
Lithuania
Export category Export value
Animal & marine products $9.52M
Raw agricultural goods $7.02M
Wood & paper products $4.48M
Machinery & equipment $3.81M
Raw materials & minerals $2.87M
Chemicals & pharma $1.78M
Textiles & consumer goods $1.69M
Processed food, beverages & tobacco $499K
Metals $131K
Precious metals & jewellery $122K

Balance of trade

Algeria Lithuania
Current account balance
-$2.75B
2024
$2.77B
2024
Current account balance ranking
154/190
2024
41/190
2024
Current account balance, % of GDP
-1.02%
2024
+3.27%
2024
Goods imports
$45.3B
2024
$43.8B
2024
Goods exports
$48.8B
2024
$38.9B
2024
Service imports
$9.13B
2024
$14.7B
2024
Service exports
$4.22B
2024
$24.3B
2024
Imports of goods and services, % of GDP
20.3%
2024
68.9%
2024
Exports of goods and services, % of GDP
19.9%
2024
74.1%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Algeria Lithuania
Economic freedom 45.8 75.3
Economic freedom ranking 179/197 18/197
Property rights 27.7 91.8
Government integrity 29.4 71.4
Judicial effectiveness 30 73.2
Tax burden 80.3 76.2
Government spending 61.9 57.3
Fiscal health 15.4 95.8
Business freedom 59.3 84.2
Labor freedom 52.2 58.1
Monetary freedom 74.7 76.7
Trade freedom 58.8 79.4
Investment freedom 30 70
Financial freedom 30 70

Economic freedom comparison by year

Algeria
Lithuania
1x
Year Economic freedom index
Algeria Lithuania
2026 45.8 75.3
2025 47.5 74.6
2024 43.9 72.9
2023 43.2 72.2
2022 45.8 75.8
2021 49.7 76.9
2020 46.9 76.7
2019 46.2 74.2
2018 44.7 75.3
2017 46.5 75.8
2016 50.1 75.2
2015 48.9 74.7
2014 50.8 73
2013 49.6 72.1
2012 51 71.5
2011 52.4 71.3
2010 56.9 70.3
2009 56.6 70
2008 56.2 70.9
2007 55.4 71.5
2006 55.7 71.8
2005 53.2 70.5
2004 58.1 72.4
2003 57.7 69.7
2002 61 66.1
2001 57.3 65.5
2000 56.8 61.9
1999 57.2 61.5
1998 55.8 59.4
1997 54.9 57.3
1996 54.5 49.7
1995 55.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/algeria/lithuania | CC BY

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 75.3 for Lithuania, ranking 18/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Lithuania
Services, % of GDP
46.8%
2024
63.6%
2024
Industry, % of GDP
36.2%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
2.57%
2024
GNI, Atlas method
$252B
2024
$78.4B
2024
GNI per capita, PPP
$17,290
2024
$53,920
2024
Total reserves including gold
$83B
2024
$7.41B
2024
Total reserves ranking
31/177
2024
86/177
2024
Net foreign direct investment
-$1.23B
2024
-$3.91B
2024
Net inflows of foreign direct investment
$1.23B
2024
$4.7B
2024
Net outflows of foreign direct investment
$265K
2024
$795M
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
n/a
Poverty at national poverty lines
5.5%
2011
20.9%
2021
Gross capital formation, % of GDP
41.1%
2024
20.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/algeria/lithuania | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.