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Economy of Bosnia and Herzegovina vs Lithuania compared: GDP & Debt

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $95.2B for Lithuania, ranking 110/197 and 79/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Bosnia and Herzegovina vs Lithuania GDP by year

Bosnia and Herzegovina
Lithuania
1x
Year GDP, current $
Bosnia Lithuania
2025 $32,599,982,936 $95,210,150,818
2024 $29,737,363,103 $85,503,938,574
2023 $27,592,361,498 $80,356,613,555
2022 $24,534,663,636 $70,639,687,326
2021 $23,672,712,121 $67,072,165,721
2020 $20,226,038,370 $57,412,038,533
2019 $20,482,608,984 $55,122,066,226
2018 $20,484,058,033 $54,261,795,149
2017 $18,326,373,136 $47,756,764,508
2016 $17,116,926,554 $42,970,749,245
2015 $16,404,348,361 $41,540,954,817
2014 $18,558,734,107 $48,306,546,657
2013 $18,179,109,209 $46,303,660,422
2012 $17,226,735,996 $42,709,372,067
2011 $18,644,233,537 $43,186,501,863
2010 $17,176,315,804 $36,638,128,534
2009 $17,613,949,091 $37,494,380,039
2008 $19,112,796,623 $47,831,254,208
2007 $15,778,734,264 $39,729,151,615
2006 $12,864,841,906 $30,116,192,747
2005 $11,222,796,337 $26,105,207,115
2004 $10,156,541,221 $22,743,164,431
2003 $8,498,894,359 $18,809,197,970
2002 $6,728,220,983 $14,282,292,665
2001 $5,800,615,375 $12,260,761,329
2000 $5,567,772,769 $11,550,695,727
1999 $4,686,256,363 $11,022,095,814
1998 $4,116,774,301 $11,289,161,847
1997 $3,671,909,673 $10,168,271,903
1996 $2,786,045,322 $8,430,207,164
1995 $1,866,572,954 $7,921,210,340
1994 $1,255,802,469 -
1993 $3,630,668,950 -
1992 $4,735,044,707 -
1991 $6,122,959,184 -
1990 $7,753,478,261 -

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lithuania | CC BY

GDP per capita in Bosnia and Herzegovina vs Lithuania by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - $32,959 -
2024 $9,398 $25,043 $29,604 $55,286
2023 $8,663 $23,376 $27,983 $52,348
2022 $7,656 $21,651 $24,947 $50,936
2021 $7,295 $18,287 $23,883 $45,874
2020 $6,130 $16,370 $20,429 $41,263
2019 $6,122 $16,429 $19,609 $40,564
2018 $6,048 $14,859 $19,247 $36,492
2017 $5,345 $13,627 $16,800 $31,305
2016 $4,929 $12,899 $14,934 $28,699
2015 $4,662 $11,845 $14,270 $26,949
2014 $5,206 $11,168 $16,446 $26,275
2013 $5,035 $10,808 $15,637 $24,890
2012 $4,694 $10,121 $14,288 $23,275
2011 $4,983 $9,761 $14,262 $21,558
2010 $4,506 $9,086 $11,829 $18,719
2009 $4,540 $8,698 $11,854 $17,055
2008 $4,842 $8,587 $14,956 $19,410
2007 $3,931 $7,686 $12,295 $17,969
2006 $3,166 $6,869 $9,210 $15,522
2005 $2,740 $5,956 $7,857 $13,951
2004 $2,453 $5,407 $6,735 $12,605
2003 $2,034 $4,917 $5,507 $11,660
2002 $1,607 $4,665 $4,148 $10,296
2001 $1,388 $4,307 $3,533 $9,399
2000 $1,338 $4,148 $3,301 $8,475
1999 $1,135 $3,875 $3,128 $7,918
1998 $1,007 $3,524 $3,181 $7,846
1997 $914 $3,041 $2,844 $7,167
1996 $719 $2,269 $2,341 $6,479
1995 $502 $1,507 $2,183 $6,023
1994 $337 $1,269 - $5,667
1993 $930 $1,067 - $6,107
1992 $1,118 $982 - $7,087
1991 $1,373 $975 - $8,790
1990 $1,743 $1,043 - $9,030

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lithuania | CC BY

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Lithuania ranks 39th at $55,286.

Economic indicators

Bosnia Lithuania
Gross domestic product
$32.6B
2025
$95.2B
2025
GDP rank
110/197
2025
79/197
2025
GDP growth
2.13%
2024-2025
2.92%
2024-2025
GDP per capita
$10,382
2025
$32,959
2025
GDP per capita rank
87/197
2025
39/197
2025
GDP per capita, PPP
$25,043
2024
$55,286
2024
GDP per capita PPP rank
83/197
2024
39/197
2024
Government debt
$9.76B
2025
$37.9B
2025
Debt-to-GDP ratio
29.9%
2025
39.8%
2025
Government debt per person
$3,108
2025
$13,127
2025
Government debt per person rank
104/185
2025
49/185
2025
Average annual personal income after taxes
$9,479
2026
$20,453
2026
Income share by richest 10%
23.6%
2021
27.3%
2023
Income share by poorest 10%
3.3%
2021
2.2%
2023
Government expenditure, % of GDP
44.9%
2025
41.2%
2025
Consumer prices inflation
4%
2024-2025
3.79%
2024-2025
Unemployment rate
10.7%
2024
6.9%
2025
Population
3114736
2845693

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Bosnia Lithuania
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 41.2% 39.8%
2024 43.3% 29.4% 39.4% 38%
2023 41.9% 29% 37.2% 37.1%
2022 39.4% 31.2% 36.6% 38.3%
2021 40.6% 35.8% 37.3% 43.3%
2020 45.4% 37.2% 42.4% 45.9%
2019 39.9% 32.8% 34.6% 35.6%
2018 40.4% 34.5% 33.8% 33.3%
2017 40% 38.6% 33.4% 39.1%
2016 41.5% 44.9% 34.5% 39.8%
2015 42.7% 46.4% 35.2% 42.4%
2014 46.2% 47.1% 35% 40.7%
2013 43.8% 43.8% 35.7% 38.9%
2012 47.9% 43.6% 36.6% 39.9%
2011 46.4% 40.9% 40.1% 37.5%
2010 48.7% 42.2% 43% 36.7%
2009 49% 36.4% 44.8% 27.9%
2008 48.4% 30.3% 38.2% 14.6%
2007 45.2% 18.2% 35.3% 15.9%
2006 44.2% 20.6% 34.4% 17.3%
2005 44.5% 24.9% 34.1% 17.6%
2004 45.6% 25.5% 33.9% 18.6%
2003 47.3% 27.6% 32.8% 20.4%
2002 47.4% 31.1% 34.4% 22.1%
2001 50.2% 35.1% 36.5% 22.9%
2000 56.2% 34.6% 38.7% 23.5%
1999 57.5% 56% 42.4% 28%
1998 54.4% 54.4% 39.6% 21.7%
1997 - - 35.1% -
1996 - - 34.4% -
1995 - - 35.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lithuania | CC BY

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 39.8% in Lithuania, ranking 156/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Lithuania
1x
Year Deficit/surplus, % of GDP
Bosnia Lithuania
2025 -2.41% -2.18%
2024 -1.96% -1.28%
2023 -1.67% -0.66%
2022 0.15% -0.72%
2021 -0.18% -1.15%
2020 -4.5% -6.42%
2019 1.37% 0.41%
2018 1.63% 0.52%
2017 1.79% 0.36%
2016 0.34% 0.03%
2015 -0.19% -0.77%
2014 -2.87% -1.79%
2013 -2.19% -2.69%
2012 -3.76% -3.15%
2011 -2.73% -5.92%
2010 -4.06% -6.95%
2009 -5.34% -9.09%
2008 -3.82% -3.09%
2007 0.17% -0.82%
2006 2.08% -0.27%
2005 0.74% -0.34%
2004 -0.18% -1.39%
2003 -0.44% -1.26%
2002 -2.99% -1.85%
2001 -3.44% -3.52%
2000 -4.63% -3.18%
1999 -2.78% -7.82%
1998 -0.98% -4.93%
1997 - -0.76%
1996 - -3.58%
1995 - -3.31%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lithuania | CC BY

In 2025, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $784M, equivalent to 2.41% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 28 years, Bosnia and Herzegovina recorded a fiscal deficit in 20 of those years, while Lithuania ran a deficit in 24 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.53% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Lithuania
1x
Year Consumer prices inflation
Bosnia Lithuania
2025 4% 3.79%
2024 1.7% 0.72%
2023 6.1% 9.12%
2022 14% 19.7%
2021 2% 4.68%
2020 -1% 1.2%
2019 0.6% 2.33%
2018 1.4% 2.7%
2017 0.8% 3.72%
2016 -1.6% 0.91%
2015 -1% -0.88%
2014 -0.9% 0.1%
2013 -0.1% 1.05%
2012 2.1% 3.09%
2011 4% 4.13%
2010 2.1% 1.32%
2009 -0.4% 4.45%
2008 7.4% 10.9%
2007 1.5% 5.74%
2006 6.1% 3.74%
2005 3.6% 2.66%
2004 0.3% 1.16%
2003 0.5% -1.13%
2002 0.3% 0.28%
2001 3.2% 1.37%
2000 5% 0.98%
1999 2.8% 0.73%
1998 -0.3% 5.07%
1997 5.7% 8.88%

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

GeoRank.org/economy/bosnia-and-herzegovina/lithuania | CC BY

Over the past 29 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.41%, compared with 3.54% in Lithuania. In 2025, inflation was 4% in Bosnia and Herzegovina and 3.79% in Lithuania.

Top exports between countries

Bosnia
Export category Export value
Machinery & equipment $36.8M
Precious metals & jewellery $7.88M
Raw materials & minerals $2.14M
Textiles & consumer goods $1.28M
Transport & tourism services $649K
Weapons & explosives $575K
Wood & paper products $376K
Processed food, beverages & tobacco $220K
Business & finance services $216K
Metals $173K
Lithuania
Export category Export value
Processed food, beverages & tobacco $6.64M
Machinery & equipment $2.65M
Animal & marine products $2.6M
Raw materials & minerals $1.53M
Chemicals & pharma $1.27M
Wood & paper products $1.18M
Textiles & consumer goods $414K
Metals $344K
Raw agricultural goods $77K
Miscellaneous $46K

Balance of trade

Bosnia Lithuania
Current account balance
-$1.02B
2025
$900M
2025
Current account balance ranking
117/190
2025
51/190
2025
Current account balance, % of GDP
-3.14%
2025
+0.94%
2025
Goods imports
$16.3B
2025
$48.3B
2025
Goods exports
$9.5B
2025
$40.7B
2025
Service imports
$1.42B
2025
$17.5B
2025
Service exports
$3.92B
2025
$28.8B
2025
Imports of goods and services, % of GDP
54.1%
2025
69.1%
2025
Exports of goods and services, % of GDP
41%
2025
73%
2025

Economic freedom indices

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

Bosnia Lithuania
Economic freedom 63.1 75.3
Economic freedom ranking 83/197 18/197
Property rights 46.9 91.8
Government integrity 36.8 71.4
Judicial effectiveness 36.1 73.2
Tax burden 93.9 76.2
Government spending 48.4 57.3
Fiscal health 96.2 95.8
Business freedom 65.1 84.2
Labor freedom 62.7 58.1
Monetary freedom 77.5 76.7
Trade freedom 69 79.4
Investment freedom 65 70
Financial freedom 60 70

Economic freedom comparison by year

Bosnia and Herzegovina
Lithuania
1x
Year Economic freedom index
Bosnia Lithuania
2026 63.1 75.3
2025 63.5 74.6
2024 62 72.9
2023 62.9 72.2
2022 63.4 75.8
2021 62.9 76.9
2020 62.6 76.7
2019 61.9 74.2
2018 61.4 75.3
2017 60.2 75.8
2016 58.6 75.2
2015 59 74.7
2014 58.4 73
2013 57.3 72.1
2012 57.3 71.5
2011 57.5 71.3
2010 56.2 70.3
2009 53.1 70
2008 53.9 70.9
2007 54.4 71.5
2006 55.6 71.8
2005 48.8 70.5
2004 44.7 72.4
2003 40.6 69.7
2002 37.4 66.1
2001 36.6 65.5
2000 45.1 61.9
1999 29.4 61.5
1998 29.4 59.4
1997 - 57.3
1996 - 49.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lithuania | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, 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

Bosnia Lithuania
Services, % of GDP
57.7%
2025
64.8%
2025
Industry, % of GDP
21.5%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
2.27%
2025
GNI, Atlas method
$31.2B
2025
$88.1B
2025
GNI per capita, PPP
$25,810
2025
$55,010
2025
Total reserves including gold
$9.42B
2024
$7.06B
2025
Total reserves ranking
83/177
2024
90/177
2025
Net foreign direct investment
-$526M
2025
-$2.96B
2025
Net inflows of foreign direct investment
$1B
2024
$4.7B
2024
Net outflows of foreign direct investment
$119M
2024
$795M
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
n/a
Poverty at national poverty lines
16.9%
2015
20.9%
2021
Gross capital formation, % of GDP
28.7%
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/bosnia-and-herzegovina/lithuania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2023–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.