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Economy of Brunei vs Lithuania compared: GDP & Debt

Updated on by Georank team

Brunei has a GDP of $15.3B compared to $84.9B for Lithuania, ranking 142/197 and 79/197 by economy size, respectively.

Brunei has $351M in government debt (2.29% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Brunei vs Lithuania GDP by year

Brunei
Lithuania
1x
Year GDP, current $
Brunei Lithuania
2024 $15,340,808,592 $84,869,215,513
2023 $15,095,084,656 $79,789,877,416
2022 $16,681,536,467 $71,033,884,500
2021 $14,006,496,617 $67,037,321,009
2020 $12,005,799,654 $57,412,038,533
2019 $13,469,235,365 $55,122,066,226
2018 $13,566,908,391 $54,261,795,149
2017 $12,128,168,045 $47,756,764,508
2016 $11,400,266,045 $42,970,749,245
2015 $12,930,296,870 $41,540,954,817
2014 $17,097,797,386 $48,306,546,657
2013 $18,094,148,099 $46,303,660,422
2012 $19,048,443,341 $42,709,372,067
2011 $18,524,791,063 $43,186,501,863
2010 $13,707,121,038 $36,638,128,534
2009 $11,912,904,510 $37,494,380,039
2008 $15,926,456,515 $47,831,254,208
2007 $13,432,029,484 $39,729,151,615
2006 $12,644,616,419 $30,116,192,747
2005 $10,547,202,621 $26,105,207,115
2004 $8,619,178,774 $22,743,164,431
2003 $7,167,725,262 $18,809,197,970
2002 $6,333,082,876 $14,282,292,665
2001 $6,096,155,767 $12,260,761,329
2000 $6,570,999,088 $11,550,695,727
1999 $6,309,070,378 $11,022,095,814
1998 $5,550,846,020 $11,289,161,847
1997 $7,793,034,376 $10,168,271,903
1996 $7,663,377,306 $8,430,207,164
1995 $7,700,144,069 $7,921,210,340
1994 $6,467,782,518 -
1993 $6,203,339,912 -
1992 $6,327,966,435 -
1991 $6,284,497,294 -
1990 $6,039,881,087 -
1989 $4,983,622,881 -
1988 $4,535,130,305 -
1987 $4,918,010,080 -
1986 $4,190,280,003 -
1985 $6,967,623,884 -
1984 $7,632,788,075 -
1983 $7,927,590,750 -
1982 $8,932,198,186 -
1981 $9,367,218,664 -
1980 $10,795,432,294 -
1979 $6,044,367,628 -
1978 $4,100,423,674 -
1977 $3,681,242,528 -
1976 $3,054,765,590 -
1975 $2,496,420,258 -
1974 $2,319,576,214 -
1973 $433,095,527 -
1972 $270,822,782 -
1971 $197,525,768 -
1970 $179,078,929 -
1969 $161,210,236 -
1968 $160,818,236 -
1967 $139,029,537 -
1966 $132,757,528 -
1965 $114,039,501 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

GDP per capita in Brunei vs Lithuania by year

Brunei
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brunei Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $33,153 $89,879 $29,384 $55,286
2023 $32,891 $85,033 $27,786 $52,348
2022 $36,633 $81,802 $25,086 $50,936
2021 $31,007 $78,249 $23,870 $45,874
2020 $26,834 $69,788 $20,429 $41,263
2019 $30,427 $69,354 $19,609 $40,564
2018 $30,988 $65,149 $19,247 $36,492
2017 $28,024 $61,658 $16,800 $31,305
2016 $26,663 $56,680 $14,934 $28,699
2015 $30,625 $62,708 $14,270 $26,949
2014 $41,027 $81,226 $16,446 $26,275
2013 $44,003 $83,237 $15,637 $24,890
2012 $46,969 $87,256 $14,288 $23,275
2011 $46,383 $82,735 $14,262 $21,558
2010 $34,938 $79,543 $11,829 $18,719
2009 $30,946 $77,957 $11,854 $17,055
2008 $42,157 $80,477 $14,956 $19,410
2007 $36,217 $83,693 $12,295 $17,969
2006 $34,675 $86,114 $9,210 $15,522
2005 $29,386 $81,534 $7,857 $13,951
2004 $24,423 $80,404 $6,735 $12,605
2003 $20,678 $79,632 $5,507 $11,660
2002 $18,621 $76,838 $4,148 $10,296
2001 $18,288 $74,254 $3,533 $9,399
2000 $20,130 $73,087 $3,301 $8,475
1999 $19,752 $70,585 $3,128 $7,918
1998 $17,769 $68,257 $3,181 $7,846
1997 $25,522 $73,980 $2,844 $7,167
1996 $25,692 $70,008 $2,341 $6,479
1995 $26,443 $70,440 $2,183 $6,023
1994 $22,767 $69,779 - $5,667
1993 $22,397 $69,387 - $6,107
1992 $23,451 $70,016 - $7,087
1991 $23,932 $72,610 - $8,790
1990 $23,659 $70,201 - $9,030
1989 $20,090 - - -
1988 $18,825 - - -
1987 $21,030 - - -
1986 $18,501 - - -
1985 $31,827 - - -
1984 $36,061 - - -
1983 $38,720 - - -
1982 $45,075 - - -
1981 $48,793 - - -
1980 $58,005 - - -
1979 $33,501 - - -
1978 $23,447 - - -
1977 $21,747 - - -
1976 $18,671 - - -
1975 $15,793 - - -
1974 $15,195 - - -
1973 $2,939 - - -
1972 $1,905 - - -
1971 $1,432 - - -
1970 $1,325 - - -
1969 $1,226 - - -
1968 $1,274 - - -
1967 $1,149 - - -
1966 $1,146 - - -
1965 $1,029 - - -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

Brunei's GDP per capita is $33,153, ranking 36/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Brunei ranks 9th at $89,879, while Lithuania ranks 39th at $55,286.

Economic indicators

Brunei Lithuania
Gross domestic product
$15.3B
2024
$84.9B
2024
GDP rank
142/197
2024
79/197
2024
GDP growth
4.05%
2023-2024
2.77%
2023-2024
GDP per capita
$33,153
2024
$29,384
2024
GDP per capita rank
36/197
2024
43/197
2024
GDP per capita, PPP
$89,879
2024
$55,286
2024
GDP per capita PPP rank
9/197
2024
39/197
2024
Government debt
$351M
2024
$32.4B
2024
Debt-to-GDP ratio
2.29%
2024
38.2%
2024
Government debt per person
$759
2024
$11,232
2024
Government debt per person rank
153/185
2024
49/185
2024
Average annual personal income after taxes
$24,405
2026
$19,946
2026
Income share by richest 10% n/a
27.3%
2023
Income share by poorest 10% n/a
2.2%
2023
Government expenditure, % of GDP
29.8%
2024
39.5%
2024
Consumer prices inflation
-0.39%
2023-2024
0.72%
2023-2024
Unemployment rate
4.87%
2024
7.1%
2024
Population
470884
2829914

Spending and national debt comparison by year

Brunei
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Brunei Lithuania
Government spending Government debt Government spending Government debt
2024 29.8% 2.29% 39.5% 38.2%
2023 29.4% 2.33% 37.4% 37.3%
2022 26.4% 2.06% 36.3% 38.1%
2021 29.3% 2.51% 37.3% 43.3%
2020 33.2% 2.86% 42.4% 45.9%
2019 32.4% 2.58% 34.6% 35.6%
2018 32.2% 2.59% 33.8% 33.3%
2017 36.6% 2.83% 33.4% 39.3%
2016 39.4% 3% 34.5% 40%
2015 38.7% 2.95% 35.2% 42.6%
2014 34.1% 3.23% 35% 40.7%
2013 33.6% 2.21% 35.7% 38.9%
2012 31% 2.1% 36.6% 39.9%
2011 29.7% 2.13% 40.1% 37.5%
2010 36.2% 1.11% 43% 36.7%
2009 34.8% 1.11% 44.8% 27.9%
2008 27.2% 0.94% 38.2% 14.6%
2007 29.3% 0.68% 35.3% 15.9%
2006 28% 0.59% 34.4% 17.3%
2005 29.1% 0% 34.1% 17.6%
2004 33.2% 0% 33.9% 18.6%
2003 30.9% 0% 32.8% 20.4%
2002 41.4% 0% 34.4% 22.1%
2001 35.5% 0% 36.5% 22.9%
2000 37.5% 0% 38.7% 23.5%
1999 44.1% 0% 42.4% 28%
1998 45.4% 0% 39.6% 21.7%
1997 39% 0% 35% -
1996 36.9% 0% 34.4% -
1995 44% 0% 35.5% -
1994 47.1% 0% - -
1993 38% 0% - -
1992 34.1% 0% - -
1991 30.6% 0% - -
1990 32% 0% - -

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

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

In 2024, Brunei's government spending was $4.57B, accounting for 29.8% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 2.29% in Brunei and 38.2% in Lithuania, ranking 185/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Brunei

Lithuania
1x
Year Deficit/surplus, % of GDP
Brunei Lithuania
2024 -10.2% -1.28%
2023 -10.9% -0.69%
2022 2.53% -0.72%
2021 -8.16% -1.15%
2020 -15.8% -6.42%
2019 -3.69% 0.41%
2018 -3.59% 0.52%
2017 -10.4% 0.36%
2016 -21.7% 0.03%
2015 -14.5% -0.77%
2014 3.58% -1.79%
2013 13% -2.69%
2012 15.8% -3.15%
2011 25.6% -5.92%
2010 7.61% -6.95%
2009 3.61% -9.09%
2008 36.1% -3.09%
2007 3.12% -0.82%
2006 19.8% -0.27%
2005 16% -0.34%
2004 8.57% -1.39%
2003 8.06% -1.26%
2002 -4.61% -1.85%
2001 2.59% -3.52%
2000 6.86% -3.18%
1999 -18.3% -7.82%
1998 -24% -4.93%
1997 -11.8% -0.76%
1996 -8.7% -3.59%
1995 -19.8% -3.31%
1994 -22.6% -
1993 -12.8% -
1992 -8.28% -
1991 -1.06% -
1990 -1.63% -

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

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

In 2024, Brunei's government deficit, the difference between spending and revenue, was $1.56B, equivalent to 10.2% of GDP. This compares to Lithuania's deficit of $1.09B, or 1.28% of GDP.

Over the past 30 years, Brunei recorded a fiscal deficit in 15 of those years, while Lithuania ran a deficit in 26 years. On average, Brunei posted an annual deficit equal to 0.44% of GDP, compared to deficit of 2.51% of GDP for Lithuania.

Inflation comparison by year

Inflation
Brunei

Lithuania
1x
Year Consumer prices inflation
Brunei Lithuania
2024 -0.39% 0.72%
2023 0.36% 9.12%
2022 3.68% 19.7%
2021 1.73% 4.68%
2020 1.94% 1.2%
2019 -0.39% 2.33%
2018 1.03% 2.7%
2017 -1.26% 3.72%
2016 -0.28% 0.91%
2015 -0.49% -0.88%
2014 -0.21% 0.1%
2013 0.39% 1.05%
2012 0.11% 3.09%
2011 0.14% 4.13%
2010 0.36% 1.32%
2009 1.04% 4.45%
2008 2.08% 10.9%
2007 0.97% 5.74%
2006 0.16% 3.74%
2005 1.24% 2.66%
2004 0.81% 1.16%
2003 0.3% -1.13%
2002 -2.31% 0.28%
2001 0.6% 1.37%
2000 1.56% 0.98%
1999 -0.42% 0.73%
1998 -0.44% 5.07%
1997 1.71% 8.88%

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

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

Over the past 28 years, Brunei has recorded an average annual inflation rate of 0.5%, compared with 3.53% in Lithuania. In 2024, inflation was -0.39% in Brunei and 0.72% in Lithuania.

Top exports between countries

Brunei
Export category Export value
Lithuania
Export category Export value
Raw materials & minerals $354K
Processed food, beverages & tobacco $111K
Chemicals & pharma $67K
Textiles & consumer goods $25K
Machinery & equipment $17K
Precious metals & jewellery $15K
Miscellaneous $4K

Balance of trade

Brunei Lithuania
Current account balance
$2.23B
2024
$2.77B
2024
Current account balance ranking
45/190
2024
41/190
2024
Current account balance, % of GDP
+14.5%
2024
+3.27%
2024
Goods imports
$7.36B
2024
$43.8B
2024
Goods exports
$11.1B
2024
$38.9B
2024
Service imports
$1.75B
2024
$14.7B
2024
Service exports
$410M
2024
$24.3B
2024
Imports of goods and services, % of GDP
58.3%
2024
68.9%
2024
Exports of goods and services, % of GDP
74.3%
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.

Brunei Lithuania
Economic freedom 67.5 75.3
Economic freedom ranking 55/197 18/197
Property rights 66.1 91.8
Government integrity 60.4 71.4
Judicial effectiveness 48.6 73.2
Tax burden 95 76.2
Government spending 75.6 57.3
Fiscal health 39 95.8
Business freedom 75.3 84.2
Labor freedom 75.1 58.1
Monetary freedom 74.8 76.7
Trade freedom 84.6 79.4
Investment freedom 65 70
Financial freedom 50 70

Economic freedom comparison by year

Brunei
Lithuania
1x
Year Economic freedom index
Brunei Lithuania
2026 67.5 75.3
2025 67 74.6
2024 65.9 72.9
2023 65.7 72.2
2022 64.8 75.8
2021 66.6 76.9
2020 66.6 76.7
2019 65.1 74.2
2018 64.2 75.3
2017 69.8 75.8
2016 67.3 75.2
2015 68.9 74.7
2014 69 73
2013 - 72.1
2012 - 71.5
2011 - 71.3
2010 - 70.3
2009 - 70
2008 - 70.9
2007 - 71.5
2006 - 71.8
2005 - 70.5
2004 - 72.4
2003 - 69.7
2002 - 66.1
2001 - 65.5
2000 - 61.9
1999 - 61.5
1998 - 59.4
1997 - 57.3
1996 - 49.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Brunei is 67.5, ranking 55/197, 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

Brunei Lithuania
Services, % of GDP
39%
2024
63.6%
2024
Industry, % of GDP
61.7%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
1.17%
2024
2.57%
2024
GNI, Atlas method
$16.7B
2024
$78.4B
2024
GNI per capita, PPP
$92,750
2024
$53,920
2024
Total reserves including gold
$4.41B
2024
$7.41B
2024
Total reserves ranking
105/177
2024
86/177
2024
Net foreign direct investment
-$29.1M
2024
-$3.91B
2024
Net inflows of foreign direct investment
$29.1M
2024
$4.7B
2024
Net outflows of foreign direct investment
$0
2024
$795M
2024
Poverty at national poverty lines n/a
20.9%
2021
Gross capital formation, % of GDP
27.9%
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/brunei/lithuania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2023–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.

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.