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Economy of Argentina vs Lithuania compared: GDP & Debt

Updated on by Georank

Argentina has a GDP of $683B compared to $95.2B for Lithuania, ranking 25/197 and 79/197 by economy size, respectively.

Argentina has $549B in government debt (80.3% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Argentina vs Lithuania GDP by year

Argentina
Lithuania
1x
Year GDP, current $
Argentina Lithuania
2025 $683,097,891,619 $95,210,150,818
2024 $638,365,455,340 $85,503,938,574
2023 $649,461,687,959 $80,356,613,555
2022 $633,993,756,301 $70,639,687,326
2021 $486,564,085,480 $67,072,165,721
2020 $385,740,508,437 $57,412,038,533
2019 $447,754,683,615 $55,122,066,226
2018 $524,819,892,360 $54,261,795,149
2017 $643,628,393,281 $47,756,764,508
2016 $557,532,320,663 $42,970,749,245
2015 $594,749,285,413 $41,540,954,817
2014 $526,319,673,732 $48,306,546,657
2013 $552,025,140,252 $46,303,660,422
2012 $545,982,375,701 $42,709,372,067
2011 $530,158,122,010 $43,186,501,863
2010 $423,627,422,092 $36,638,128,534
2009 $332,976,484,578 $37,494,380,039
2008 $361,558,037,110 $47,831,254,208
2007 $287,530,508,431 $39,729,151,615
2006 $232,557,260,817 $30,116,192,747
2005 $198,737,095,012 $26,105,207,115
2004 $164,657,930,453 $22,743,164,431
2003 $127,586,973,492 $18,809,197,970
2002 $97,724,004,252 $14,282,292,665
2001 $268,696,750,000 $12,260,761,329
2000 $284,203,750,000 $11,550,695,727
1999 $283,523,000,000 $11,022,095,814
1998 $298,948,250,000 $11,289,161,847
1997 $292,859,000,000 $10,168,271,903
1996 $272,149,750,000 $8,430,207,164
1995 $258,031,750,000 $7,921,210,340
1994 $257,440,000,000 -
1993 $236,741,715,015 -
1992 $228,778,917,308 -
1991 $189,719,984,268 -
1990 $141,352,654,305 -
1989 $76,629,728,760 -
1988 $126,890,235,049 -
1987 $108,810,885,301 -
1986 $105,872,372,614 -
1985 $88,150,891,728 -
1984 $116,915,052,107 -
1983 $103,979,106,778 -
1982 $84,307,486,837 -
1981 $78,676,842,367 -
1980 $76,961,923,741 -
1979 $69,252,328,952 -
1978 $89,049,453,088 -
1977 $56,781,000,101 -
1976 $51,169,499,892 -
1975 $52,438,647,922 -
1974 $72,436,777,342 -
1973 $52,544,000,117 -
1972 $34,733,000,536 -
1971 $33,293,199,095 -
1970 $31,584,210,366 -
1969 $31,256,284,544 -
1968 $26,436,857,247 -
1967 $24,256,667,553 -
1966 $28,630,474,728 -
1965 $28,344,705,967 -
1964 $25,605,249,382 -
1963 $18,272,123,664 -
1962 $18,337,691,145 -
1961 $20,132,220,375 -
1960 $15,865,474,315 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Argentina vs Lithuania by year

Argentina
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,898 - $32,959 -
2024 $13,970 $30,431 $29,604 $55,286
2023 $14,262 $30,221 $27,983 $52,348
2022 $13,962 $29,809 $24,947 $50,936
2021 $10,738 $26,300 $23,883 $45,874
2020 $8,536 $22,393 $20,429 $41,263
2019 $9,956 $23,517 $19,609 $40,564
2018 $11,753 $24,410 $19,247 $36,492
2017 $14,533 $23,385 $16,800 $31,305
2016 $12,700 $20,106 $14,934 $28,699
2015 $13,680 $19,899 $14,270 $26,949
2014 $12,233 $19,487 $16,446 $26,275
2013 $12,964 $19,929 $15,637 $24,890
2012 $12,950 $19,430 $14,288 $23,275
2011 $12,704 $19,105 $14,262 $21,558
2010 $10,260 $17,848 $11,829 $18,719
2009 $8,150 $16,182 $11,854 $17,055
2008 $8,944 $17,277 $14,956 $19,410
2007 $7,185 $16,455 $12,295 $17,969
2006 $5,869 $14,844 $9,210 $15,522
2005 $5,068 $13,465 $7,857 $13,951
2004 $4,242 $12,118 $6,735 $12,605
2003 $3,320 $10,933 $5,507 $11,660
2002 $2,570 $9,953 $4,148 $10,296
2001 $7,141 $11,118 $3,533 $9,399
2000 $7,637 $11,500 $3,301 $8,475
1999 $7,706 $11,464 $3,128 $7,918
1998 $8,219 $11,836 $3,181 $7,846
1997 $8,147 $11,403 $2,844 $7,167
1996 $7,663 $10,496 $2,341 $6,479
1995 $7,358 $9,891 $2,183 $6,023
1994 $7,438 $10,103 - $5,667
1993 $6,932 $9,472 - $6,107
1992 $6,790 $8,668 - $7,087
1991 $5,709 $7,961 - $8,790
1990 $4,315 $7,158 - $9,030
1989 $2,375 - - -
1988 $3,993 - - -
1987 $3,477 - - -
1986 $3,436 - - -
1985 $2,906 - - -
1984 $3,915 - - -
1983 $3,538 - - -
1982 $2,915 - - -
1981 $2,764 - - -
1980 $2,748 - - -
1979 $2,512 - - -
1978 $3,282 - - -
1977 $2,126 - - -
1976 $1,947 - - -
1975 $2,027 - - -
1974 $2,845 - - -
1973 $2,098 - - -
1972 $1,409 - - -
1971 $1,373 - - -
1970 $1,323 - - -
1969 $1,330 - - -
1968 $1,142 - - -
1967 $1,064 - - -
1966 $1,275 - - -
1965 $1,282 - - -
1964 $1,176 - - -
1963 $853 - - -
1962 $870 - - -
1961 $971 - - -
1960 $778 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Argentina's GDP per capita is $14,898, ranking 70/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Lithuania ranks 39th at $55,286.

Economic indicators

Argentina Lithuania
Gross domestic product
$683B
2025
$95.2B
2025
GDP rank
25/197
2025
79/197
2025
GDP growth
4.37%
2024-2025
2.92%
2024-2025
GDP per capita
$14,898
2025
$32,959
2025
GDP per capita rank
70/197
2025
39/197
2025
GDP per capita, PPP
$30,431
2024
$55,286
2024
GDP per capita PPP rank
73/197
2024
39/197
2024
Government debt
$549B
2025
$37.9B
2025
Debt-to-GDP ratio
80.3%
2025
39.8%
2025
Government debt per person
$11,965
2025
$13,127
2025
Government debt per person rank
52/185
2025
49/185
2025
Average annual personal income after taxes
$8,751
2026
$20,453
2026
Market capitalization of domestic companies
$52.9B
2022
n/a
Number of billionaires
5
2026
n/a
Income share by richest 10%
31.2%
2024
27.3%
2023
Income share by poorest 10%
1.9%
2024
2.2%
2023
Government expenditure, % of GDP
31.6%
2025
41.2%
2025
Consumer prices inflation
41.9%
2024-2025
3.79%
2024-2025
Central bank interest rate
29%
2025
n/a
Unemployment rate
7.38%
2025
6.9%
2025
Population
46083022
2845693

Spending and national debt comparison by year

Argentina
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Argentina Lithuania
Government spending Government debt Government spending Government debt
2025 31.6% 80.3% 41.2% 39.8%
2024 31% 84.7% 39.4% 38%
2023 37.6% 154.6% 37.2% 37.1%
2022 37.6% 84.3% 36.6% 38.3%
2021 37.9% 81% 37.3% 43.3%
2020 42.5% 103.8% 42.4% 45.9%
2019 38.1% 89.8% 34.6% 35.6%
2018 38.9% 85.2% 33.8% 33.3%
2017 41.1% 57% 33.4% 39.1%
2016 41.5% 53.1% 34.5% 39.8%
2015 41.4% 52.6% 35.2% 42.4%
2014 38.9% 44.7% 35% 40.7%
2013 37.6% 43.5% 35.7% 38.9%
2012 36.8% 40.4% 36.6% 39.9%
2011 34.9% 38.9% 40.1% 37.5%
2010 33.4% 43.5% 43% 36.7%
2009 34.5% 55.4% 44.8% 27.9%
2008 30.8% 53.8% 38.2% 14.6%
2007 29.6% 62.1% 35.3% 15.9%
2006 26.6% 70.8% 34.4% 17.3%
2005 24.4% 80.3% 34.1% 17.6%
2004 23% 117.9% 33.9% 18.6%
2003 22% 125.2% 32.8% 20.4%
2002 21.9% 147.2% 34.4% 22.1%
2001 26.4% 48% 36.5% 22.9%
2000 25.2% 40.8% 38.7% 23.5%
1999 25.5% 38.9% 42.4% 28%
1998 23.1% 34.1% 39.6% 21.7%
1997 22.6% 31.7% 35.1% -
1996 22.7% 32.6% 34.4% -
1995 22.9% 30.7% 35.5% -
1994 22.9% 28.4% - -
1993 22% 26.9% - -
1992 12.1% 25% - -
1991 11.4% 35.7% - -
1990 11% 48.5% - -
1989 11% 118.2% - -
1988 12.3% 61.4% - -
1987 13.7% 74.1% - -
1986 13.7% 55.9% - -
1985 14.7% 55.2% - -
1984 13% 54.6% - -
1983 14.2% 64.2% - -
1982 15.9% 52.2% - -
1981 17% 26.5% - -
1980 15.2% 11.4% - -
1979 14.5% 12.4% - -
1978 14.9% 17.5% - -
1977 12.6% 25.1% - -
1976 13% 28.7% - -
1975 12.5% 33.8% - -
1974 14% 13% - -
1973 12.6% 12% - -
1972 11.2% 17.1% - -
1971 11.7% 15.2% - -
1970 12% 13.5% - -
1969 12.3% 9.63% - -
1968 12.8% 9.43% - -
1967 13% 10.9% - -
1966 12.1% 13.4% - -
1965 11.6% 15.9% - -
1964 11.8% 16.8% - -
1963 11.2% 23.4% - -
1962 11.3% 25.1% - -
1961 12.3% 8.69% - -
1960 11.3% 8.39% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-07-08).

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

In 2025, Argentina's government spending was $216B, accounting for 31.6% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 80.3% in Argentina and 39.8% in Lithuania, ranking 43/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Lithuania
1x
Year Deficit/surplus, % of GDP
Argentina Lithuania
2025 -0.38% -2.18%
2024 0.46% -1.28%
2023 -5.33% -0.66%
2022 -3.84% -0.72%
2021 -4.33% -1.15%
2020 -8.67% -6.42%
2019 -4.44% 0.41%
2018 -5.44% 0.52%
2017 -6.69% 0.36%
2016 -6.65% 0.03%
2015 -6% -0.77%
2014 -4.25% -1.79%
2013 -3.25% -2.69%
2012 -3.02% -3.15%
2011 -2.75% -5.92%
2010 -1.39% -6.95%
2009 -1.83% -9.09%
2008 0.35% -3.09%
2007 0.76% -0.82%
2006 1.65% -0.27%
2005 3.34% -0.34%
2004 3.97% -1.39%
2003 1.5% -1.26%
2002 -1.91% -1.85%
2001 -5.36% -3.52%
2000 -3.42% -3.18%
1999 -3.71% -7.82%
1998 -1.83% -4.93%
1997 -1.84% -0.76%
1996 -2.81% -3.58%
1995 -2.07% -3.31%
1994 -1.25% -
1993 -0.02% -
1992 1.54% -
1991 0.96% -
1990 -0.14% -
1989 -0.25% -
1988 -1.75% -
1987 1.89% -
1986 3.3% -
1985 3.6% -
1984 -1.39% -
1983 -2.89% -
1982 -4.68% -
1981 -3.93% -
1980 -1.14% -
1979 -1.5% -
1978 -1.36% -
1977 -0.54% -
1976 -2.39% -
1975 -2.9% -
1974 -1.08% -
1973 -1.48% -
1972 -0.12% -
1971 0.32% -
1970 1.01% -
1969 0.54% -
1968 0.25% -
1967 0.66% -
1966 -0.98% -
1965 -0.89% -
1964 -1.34% -
1963 -0.65% -
1962 -0.47% -
1961 1.73% -
1960 -1.98% -
1959 -4.82% -
1958 -6.61% -
1957 -2.72% -
1956 -3.77% -
1955 -3.75% -
1954 -3.21% -
1953 -3.1% -
1952 -3.01% -
1951 -3.52% -
1950 -3.38% -
1949 -3.98% -
1948 -2.73% -
1947 -1.6% -
1946 -4.12% -
1945 -5.25% -
1944 -4.61% -
1943 -3.86% -
1942 -2.9% -
1941 -2.85% -
1940 -2.31% -
1939 -3.09% -
1938 -2.09% -
1937 -1.62% -
1936 -1.44% -
1935 -1.16% -
1934 -1.56% -
1933 -1.27% -
1932 -1.19% -
1931 -2.98% -
1930 -3.94% -
1929 -1.95% -
1928 -1.52% -
1927 -3.3% -
1926 -1% -
1925 -0.46% -
1924 -0.68% -
1923 -0.93% -
1922 -1.86% -
1921 -0.99% -
1920 0.2% -
1919 -0.3% -
1918 -1.14% -
1917 -2.18% -
1916 -2.13% -
1915 -2.64% -
1914 -3.03% -
1913 -0.61% -
1912 -0.78% -
1911 -2.19% -
1910 -2.24% -
1909 -2.57% -
1908 0.28% -
1907 -0.2% -
1906 -0.32% -
1905 -3.52% -
1904 0.15% -
1903 -0.25% -
1902 -2.2% -
1901 -0.54% -
1900 -0.42% -
1899 -0.4% -
1898 -9.31% -
1897 -1.46% -
1896 -4.19% -
1895 -1.59% -
1894 -1.06% -
1893 0.06% -
1892 -1.33% -
1891 -4.48% -
1890 -1.82% -
1889 -2.88% -
1888 -0.69% -
1887 0.35% -
1886 -2.39% -
1885 -2.67% -
1884 -4.07% -
1883 -4.19% -
1882 -5.42% -
1881 -2.31% -
1880 -2.15% -
1879 -1.09% -
1878 -1.08% -
1877 -1.68% -
1876 -4.15% -
1875 -3.08% -
1874 -2.59% -
1873 -1.39% -
1872 -1.18% -
1871 -5.54% -
1870 -2.74% -
1869 -1.61% -
1868 -1.8% -
1867 -1.08% -
1866 -2.09% -
1865 -0.79% -
1864 0.51% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1993–2025, retrieved 2026-07-08).

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

In 2025, Argentina's government deficit, the difference between spending and revenue, was $2.6B, equivalent to 0.38% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, Argentina recorded a fiscal deficit in 24 of those years, while Lithuania ran a deficit in 27 years. On average, Argentina posted an annual deficit equal to 2.55% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Argentina

Lithuania
1x
Year Consumer prices inflation
Argentina Lithuania
2025 41.9% 3.79%
2024 219.9% 0.72%
2023 133.5% 9.12%
2022 72.4% 19.7%
2021 48.4% 4.68%
2020 42% 1.2%
2019 53.5% 2.33%
2018 34.3% 2.7%
2017 25.7% 3.72%
2016 - 0.91%
2015 - -0.88%
2014 - 0.1%
2013 10.6% 1.05%
2012 10% 3.09%
2011 9.8% 4.13%
2010 10.5% 1.32%
2009 6.3% 4.45%
2008 8.6% 10.9%
2007 8.8% 5.74%
2006 10.9% 3.74%
2005 9.6% 2.66%
2004 4.4% 1.16%
2003 13.4% -1.13%
2002 25.9% 0.28%
2001 -1.1% 1.37%
2000 -0.9% 0.98%
1999 -1.2% 0.73%
1998 0.9% 5.07%
1997 - 8.88%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (1998–2025, retrieved 2026-07-08).

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

Over the past 28 years, Argentina has recorded an average annual inflation rate of 31.9%, compared with 3.34% in Lithuania. In 2025, inflation was 41.9% in Argentina and 3.79% in Lithuania.

Top exports between countries

Argentina
Export category Export value
Processed food, beverages & tobacco $26.6M
Miscellaneous $20.5M
Raw agricultural goods $9.94M
Animal & marine products $4.34M
Chemicals & pharma $4.05M
Machinery & equipment $344K
Lithuania
Export category Export value
Raw materials & minerals $10.1M
Machinery & equipment $2.65M
IT & IP services $974K
Business & finance services $433K
Chemicals & pharma $378K
Processed food, beverages & tobacco $378K
Transport & tourism services $213K
Wood & paper products $187K
Textiles & consumer goods $174K
Metals $162K

Balance of trade

Argentina Lithuania
Current account balance
-$7.58B
2025
$900M
2025
Current account balance ranking
169/190
2025
51/190
2025
Current account balance, % of GDP
-1.11%
2025
+0.94%
2025
Goods imports
$71.8B
2025
$48.3B
2025
Goods exports
$87.2B
2025
$40.7B
2025
Service imports
$29.3B
2025
$17.5B
2025
Service exports
$18B
2025
$28.8B
2025
Imports of goods and services, % of GDP
14.8%
2025
69.1%
2025
Exports of goods and services, % of GDP
15.6%
2025
73%
2025

Economic freedom indices

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

Argentina Lithuania
Economic freedom 57.4 75.3
Economic freedom ranking 117/197 18/197
Property rights 41.2 91.8
Government integrity 41.2 71.4
Judicial effectiveness 58.2 73.2
Tax burden 67.8 76.2
Government spending 62.3 57.3
Fiscal health 72.2 95.8
Business freedom 56.8 84.2
Labor freedom 53.5 58.1
Monetary freedom 28.9 76.7
Trade freedom 67.4 79.4
Investment freedom 70 70
Financial freedom 70 70

Economic freedom comparison by year

Argentina
Lithuania
1x
Year Economic freedom index
Argentina Lithuania
2026 57.4 75.3
2025 54.2 74.6
2024 49.9 72.9
2023 51 72.2
2022 50.1 75.8
2021 52.7 76.9
2020 53.1 76.7
2019 52.2 74.2
2018 52.3 75.3
2017 50.4 75.8
2016 43.8 75.2
2015 44.1 74.7
2014 44.6 73
2013 46.7 72.1
2012 48 71.5
2011 51.7 71.3
2010 51.2 70.3
2009 52.3 70
2008 54.2 70.9
2007 54 71.5
2006 53.4 71.8
2005 51.7 70.5
2004 53.9 72.4
2003 56.3 69.7
2002 65.7 66.1
2001 68.6 65.5
2000 70 61.9
1999 70.6 61.5
1998 70.9 59.4
1997 73.3 57.3
1996 74.7 49.7
1995 68 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, 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

Argentina Lithuania
Services, % of GDP
56.2%
2025
64.8%
2025
Industry, % of GDP
22.9%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
5.53%
2025
2.27%
2025
GNI, Atlas method
$672B
2025
$88.1B
2025
GNI per capita, PPP
$31,920
2025
$55,010
2025
Total reserves including gold
$41B
2025
$7.06B
2025
Total reserves ranking
54/177
2025
90/177
2025
Net foreign direct investment
-$300M
2025
-$2.96B
2025
Net inflows of foreign direct investment
$11.6B
2024
$4.7B
2024
Net outflows of foreign direct investment
$2.76B
2024
$795M
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
n/a
Poverty at national poverty lines
38.1%
2024
20.9%
2021
Gross capital formation, % of GDP
16.1%
2025
22.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
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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.