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Economy of China vs Lithuania compared: GDP & Debt

Updated on by Georank

China has a GDP of $19.5T compared to $95.2B for Lithuania, ranking 2/197 and 79/197 by economy size, respectively.

China has $19.3T in government debt (99.2% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

China vs Lithuania GDP by year

China
Lithuania
1x
Year GDP, current $
China Lithuania
2025 $19,498,039,388,043 $95,210,150,818
2024 $18,729,668,435,848 $85,503,938,574
2023 $18,270,356,654,533 $80,356,613,555
2022 $18,316,765,021,690 $70,639,687,326
2021 $18,201,698,719,564 $67,072,165,721
2020 $14,996,414,166,715 $57,412,038,533
2019 $14,560,167,101,283 $55,122,066,226
2018 $14,147,765,772,964 $54,261,795,149
2017 $12,537,559,062,283 $47,756,764,508
2016 $11,456,024,084,962 $42,970,749,245
2015 $11,280,814,787,469 $41,540,954,817
2014 $10,674,533,168,257 $48,306,546,657
2013 $9,743,124,247,267 $46,303,660,422
2012 $8,673,664,713,189 $42,709,372,067
2011 $7,671,757,207,851 $43,186,501,863
2010 $6,192,564,874,453 $36,638,128,534
2009 $5,189,577,094,998 $37,494,380,039
2008 $4,667,346,414,522 $47,831,254,208
2007 $3,604,055,822,572 $39,729,151,615
2006 $2,791,498,472,804 $30,116,192,747
2005 $2,317,551,298,052 $26,105,207,115
2004 $1,984,196,551,300 $22,743,164,431
2003 $1,683,903,309,844 $18,809,197,970
2002 $1,489,821,682,051 $14,282,292,665
2001 $1,355,036,590,252 $12,260,761,329
2000 $1,223,754,919,971 $11,550,695,727
1999 $1,103,843,203,576 $11,022,095,814
1998 $1,037,134,141,760 $11,289,161,847
1997 $967,753,570,435 $10,168,271,903
1996 $868,523,936,530 $8,430,207,164
1995 $738,190,896,228 $7,921,210,340
1994 $566,929,539,493 -
1993 $446,557,291,212 -
1992 $428,502,354,788 -
1991 $384,510,452,962 -
1990 $361,560,229,446 -
1989 $348,380,566,802 -
1988 $312,888,888,889 -
1987 $273,455,156,951 -
1986 $301,310,144,928 -
1985 $310,064,625,850 -
1984 $260,442,857,143 -
1983 $231,130,268,199 -
1982 $205,480,916,031 -
1981 $196,218,253,968 -
1980 $191,487,500,000 -
1979 $178,573,913,043 -
1978 $149,788,617,886 -
1977 $175,226,595,860 -
1976 $154,196,810,059 -
1975 $163,687,619,736 -
1974 $144,418,433,058 -
1973 $138,764,340,892 -
1972 $113,871,930,714 -
1971 $99,959,013,880 -
1970 $92,752,930,873 -
1969 $79,847,786,729 -
1968 $70,980,323,819 -
1967 $73,011,350,596 -
1966 $76,854,053,259 -
1965 $70,565,994,356 -
1964 $59,821,862,703 -
1963 $50,812,227,919 -
1962 $47,310,737,754 -
1961 $50,162,299,350 -
1960 $59,846,235,025 -

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

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

GDP per capita in China vs Lithuania by year

China
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $13,862 - $32,959 -
2024 $13,293 $27,105 $29,604 $55,286
2023 $12,951 $25,179 $27,983 $52,348
2022 $12,971 $23,032 $24,947 $50,936
2021 $12,887 $20,843 $23,883 $45,874
2020 $10,627 $18,267 $20,429 $41,263
2019 $10,343 $17,601 $19,609 $40,564
2018 $10,086 $16,298 $19,247 $36,492
2017 $8,980 $15,022 $16,800 $31,305
2016 $8,255 $14,157 $14,934 $28,699
2015 $8,175 $13,463 $14,270 $26,949
2014 $7,781 $12,942 $16,446 $26,275
2013 $7,147 $12,228 $15,637 $24,890
2012 $6,405 $11,420 $14,288 $23,275
2011 $5,704 $10,457 $14,262 $21,558
2010 $4,629 $9,411 $11,829 $18,719
2009 $3,898 $8,448 $11,854 $17,055
2008 $3,523 $7,713 $14,956 $19,410
2007 $2,735 $6,935 $12,295 $17,969
2006 $2,129 $5,946 $9,210 $15,522
2005 $1,778 $5,148 $7,857 $13,951
2004 $1,531 $4,505 $6,735 $12,605
2003 $1,307 $4,007 $5,507 $11,660
2002 $1,164 $3,591 $4,148 $10,296
2001 $1,065 $3,258 $3,533 $9,399
2000 $969 $2,964 $3,301 $8,475
1999 $881 $2,690 $3,128 $7,918
1998 $835 $2,483 $3,181 $7,846
1997 $787 $2,297 $2,844 $7,167
1996 $713 $2,088 $2,341 $6,479
1995 $613 $1,884 $2,183 $6,023
1994 $476 $1,680 - $5,667
1993 $379 $1,471 - $6,107
1992 $368 $1,276 - $7,087
1991 $334 $1,105 - $8,790
1990 $319 $991 - $9,030
1989 $311 - - -
1988 $284 - - -
1987 $252.3 - - -
1986 $282.4 - - -
1985 $295 - - -
1984 $251.2 - - -
1983 $225.9 - - -
1982 $203.7 - - -
1981 $197.4 - - -
1980 $195.1 - - -
1979 $184.3 - - -
1978 $156.7 - - -
1977 $185.7 - - -
1976 $165.7 - - -
1975 $178.6 - - -
1974 $160.4 - - -
1973 $157.3 - - -
1972 $132.1 - - -
1971 $118.8 - - -
1970 $113.3 - - -
1969 $100.3 - - -
1968 $91.6 - - -
1967 $96.8 - - -
1966 $104.5 - - -
1965 $98.7 - - -
1964 $85.7 - - -
1963 $74.5 - - -
1962 $71.1 - - -
1961 $76 - - -
1960 $89.7 - - -

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

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

China's GDP per capita is $13,862, ranking 77/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Lithuania ranks 39th at $55,286.

Economic indicators

China Lithuania
Gross domestic product
$19.5T
2025
$95.2B
2025
GDP rank
2/197
2025
79/197
2025
GDP growth
4.96%
2024-2025
2.92%
2024-2025
GDP per capita
$13,862
2025
$32,959
2025
GDP per capita rank
77/197
2025
39/197
2025
GDP per capita, PPP
$27,105
2024
$55,286
2024
GDP per capita PPP rank
77/197
2024
39/197
2024
Government debt
$19.3T
2025
$37.9B
2025
Debt-to-GDP ratio
99.2%
2025
39.8%
2025
Government debt per person
$13,756
2025
$13,127
2025
Government debt per person rank
47/185
2025
49/185
2025
Average annual personal income after taxes
$10,414
2026
$20,453
2026
Market capitalization of domestic companies
$15.5T
2025
n/a
Number of millionaires
5,305,000
2026
n/a
Number of billionaires
539
2026
n/a
Income share by richest 10%
28.4%
2022
27.3%
2023
Income share by poorest 10%
3.1%
2022
2.2%
2023
Government expenditure, % of GDP
32.9%
2025
41.2%
2025
Consumer prices inflation
0%
2024-2025
3.79%
2024-2025
Central bank interest rate
3%
2025
n/a
Unemployment rate
4.57%
2022
6.9%
2025
Population
1403335670
2845693

Spending and national debt comparison by year

China
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
China Lithuania
Government spending Government debt Government spending Government debt
2025 32.9% 99.2% 41.2% 39.8%
2024 32.9% 90.4% 39.4% 38%
2023 32.7% 84.1% 37.2% 37.1%
2022 32.6% 77.3% 36.6% 38.3%
2021 31.9% 72.1% 37.3% 43.3%
2020 34.8% 70.1% 42.4% 45.9%
2019 33.6% 59.8% 34.6% 35.6%
2018 32.6% 55.9% 33.8% 33.3%
2017 32% 53.9% 33.4% 39.1%
2016 31.7% 50% 34.5% 39.8%
2015 31% 40.8% 35.2% 42.4%
2014 28.4% 39.3% 35% 40.7%
2013 28.1% 36.4% 35.7% 38.9%
2012 27.7% 33.8% 36.6% 39.9%
2011 26.6% 33.2% 40.1% 37.5%
2010 24.7% 33.3% 43% 36.7%
2009 25.2% 34% 44.8% 27.9%
2008 22.2% 26.7% 38.2% 14.6%
2007 17.9% 28.7% 35.3% 15.9%
2006 18.1% 25.2% 34.4% 17.3%
2005 18% 25.9% 34.1% 17.6%
2004 17.6% 26% 33.9% 18.6%
2003 18% 26.4% 32.8% 20.4%
2002 18.2% 25.6% 34.4% 22.1%
2001 17.2% 24.3% 36.5% 22.9%
2000 16.1% 22.7% 38.7% 23.5%
1999 14.9% 21.6% 42.4% 28%
1998 12.6% 20.4% 39.6% 21.7%
1997 11.5% 20.4% 35.1% -
1996 11% 21.2% 34.4% -
1995 11.1% 21.4% 35.5% -
1994 12.4% - - -
1993 13.4% - - -
1992 14.6% - - -
1991 16.5% - - -
1990 18.2% - - -
1989 18.6% - - -
1988 20.9% 4.46% - -
1987 23.4% 3.6% - -
1986 25.6% 3.24% - -
1985 25.8% 3.31% - -
1984 26.9% 0.97% - -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08).

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

In 2025, China's government spending was $6.41T, accounting for 32.9% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 99.2% in China and 39.8% in Lithuania, ranking 26/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
China

Lithuania
1x
Year Deficit/surplus, % of GDP
China Lithuania
2025 -7.87% -2.18%
2024 -7.11% -1.28%
2023 -6.71% -0.66%
2022 -7.32% -0.72%
2021 -5.9% -1.15%
2020 -9.56% -6.42%
2019 -6% 0.41%
2018 -4.2% 0.52%
2017 -3.34% 0.36%
2016 -3.33% 0.03%
2015 -2.5% -0.77%
2014 -0.67% -1.79%
2013 -0.82% -2.69%
2012 -0.3% -3.15%
2011 -0.1% -5.92%
2010 -0.36% -6.95%
2009 -1.72% -9.09%
2008 -0.02% -3.09%
2007 0.06% -0.82%
2006 -1.13% -0.27%
2005 -1.38% -0.34%
2004 -1.49% -1.39%
2003 -2.36% -1.26%
2002 -2.84% -1.85%
2001 -2.56% -3.52%
2000 -2.81% -3.18%
1999 -2.3% -7.82%
1998 -1.08% -4.93%
1997 -0.73% -0.76%
1996 -0.73% -3.58%
1995 -0.94% -3.31%
1994 -1.68% -
1993 -0.89% -
1992 -1.22% -
1991 -1.04% -
1990 -0.72% -
1989 -0.91% -
1988 -2.22% -
1987 -2.08% -
1986 -1.82% -
1985 -0.45% -
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08).

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

In 2025, China's government deficit, the difference between spending and revenue, was $1.53T, equivalent to 7.87% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, China recorded a fiscal deficit in 30 of those years, while Lithuania ran a deficit in 27 years. On average, China posted an annual deficit equal to 2.84% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
China

Lithuania
1x
Year Consumer prices inflation
China Lithuania
2025 0% 3.79%
2024 0.2% 0.72%
2023 0.2% 9.12%
2022 2% 19.7%
2021 0.9% 4.68%
2020 2.5% 1.2%
2019 2.9% 2.33%
2018 2.1% 2.7%
2017 1.6% 3.72%
2016 2% 0.91%
2015 1.4% -0.88%
2014 2% 0.1%
2013 2.6% 1.05%
2012 2.6% 3.09%
2011 5.4% 4.13%
2010 3.3% 1.32%
2009 -0.7% 4.45%
2008 5.8% 10.9%
2007 4.8% 5.74%
2006 1.5% 3.74%
2005 1.8% 2.66%
2004 3.9% 1.16%
2003 1.2% -1.13%
2002 -0.8% 0.28%
2001 0.7% 1.37%
2000 0.4% 0.98%
1999 -1.4% 0.73%
1998 -0.8% 5.07%
1997 2.8% 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/china/lithuania | CC BY

Over the past 29 years, China has recorded an average annual inflation rate of 1.76%, compared with 3.54% in Lithuania. In 2025, inflation was 0% in China and 3.79% in Lithuania.

Top exports between countries

China
Export category Export value
Machinery & equipment $1.24B
Textiles & consumer goods $342M
Chemicals & pharma $184M
Metals $140M
Miscellaneous $113M
Raw materials & minerals $111M
Processed food, beverages & tobacco $50.8M
Raw agricultural goods $23.7M
Wood & paper products $20.3M
Animal & marine products $5.79M
Lithuania
Export category Export value
Machinery & equipment $111M
Transport & tourism services $95.9M
Raw agricultural goods $77M
Chemicals & pharma $54.5M
Metals $41.5M
Textiles & consumer goods $35.5M
Wood & paper products $25.8M
Business & finance services $9.41M
IT & IP services $8.66M
Animal & marine products $4.8M

Balance of trade

China Lithuania
Current account balance
$735B
2025
$900M
2025
Current account balance ranking
1/190
2025
51/190
2025
Current account balance, % of GDP
+3.77%
2025
+0.94%
2025
Goods imports
$2.69T
2025
$48.3B
2025
Goods exports
$3.75T
2025
$40.7B
2025
Service imports
$623B
2025
$17.5B
2025
Service exports
$385B
2025
$28.8B
2025
Imports of goods and services, % of GDP
16.9%
2025
69.1%
2025
Exports of goods and services, % of GDP
21.1%
2025
73%
2025

Economic freedom indices

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

China Lithuania
Economic freedom 48.3 75.3
Economic freedom ranking 170/197 18/197
Property rights 40.9 91.8
Government integrity 42.3 71.4
Judicial effectiveness 38.6 73.2
Tax burden 69.3 76.2
Government spending 67.8 57.3
Fiscal health 4.4 95.8
Business freedom 68.7 84.2
Labor freedom 57.9 58.1
Monetary freedom 76.1 76.7
Trade freedom 73.4 79.4
Investment freedom 20 70
Financial freedom 20 70

Economic freedom comparison by year

China
Lithuania
1x
Year Economic freedom index
China Lithuania
2026 48.3 75.3
2025 49 74.6
2024 48.5 72.9
2023 48.3 72.2
2022 48 75.8
2021 58.4 76.9
2020 59.5 76.7
2019 58.4 74.2
2018 57.8 75.3
2017 57.4 75.8
2016 52 75.2
2015 52.7 74.7
2014 52.5 73
2013 51.9 72.1
2012 51.2 71.5
2011 52 71.3
2010 51 70.3
2009 53.2 70
2008 53.1 70.9
2007 52 71.5
2006 53.6 71.8
2005 53.7 70.5
2004 52.5 72.4
2003 52.6 69.7
2002 52.8 66.1
2001 52.6 65.5
2000 56.4 61.9
1999 54.8 61.5
1998 53.1 59.4
1997 51.7 57.3
1996 51.3 49.7
1995 52 -

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

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

The Economic Freedom Index for China is 48.3, ranking 170/197, 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

China Lithuania
Services, % of GDP
57.7%
2025
64.8%
2025
Industry, % of GDP
35.6%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
6.66%
2025
2.27%
2025
GNI, Atlas method
$20T
2025
$88.1B
2025
GNI per capita, PPP
$29,160
2025
$55,010
2025
Total reserves including gold
$3.75T
2025
$7.06B
2025
Total reserves ranking
1/177
2025
90/177
2025
Net foreign direct investment
$77.2B
2025
-$2.96B
2025
Net inflows of foreign direct investment
$42.6B
2024
$4.7B
2024
Net outflows of foreign direct investment
$192B
2024
$795M
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
n/a
Poverty at national poverty lines
0%
2020
20.9%
2021
Gross capital formation, % of GDP
40.5%
2024
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/china/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) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.