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Economy of Costa Rica vs Lithuania compared: GDP & Debt

Updated on by Georank team

Costa Rica has a GDP of $95.4B compared to $84.9B for Lithuania, ranking 73/197 and 79/197 by economy size, respectively.

Costa Rica has $57B in government debt (59.8% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Costa Rica vs Lithuania GDP by year

Costa Rica
Lithuania
1x
Year GDP, current $
Costa Rica Lithuania
2024 $95,350,423,177 $84,869,215,513
2023 $86,497,941,439 $79,789,877,416
2022 $69,243,626,029 $71,033,884,500
2021 $64,960,725,734 $67,037,321,009
2020 $62,395,610,760 $57,412,038,533
2019 $64,417,670,521 $55,122,066,226
2018 $62,420,164,992 $54,261,795,149
2017 $60,516,044,657 $47,756,764,508
2016 $58,847,019,610 $42,970,749,245
2015 $56,441,920,821 $41,540,954,817
2014 $52,016,408,854 $48,306,546,657
2013 $50,949,668,842 $46,303,660,422
2012 $47,231,655,432 $42,709,372,067
2011 $42,762,613,699 $43,186,501,863
2010 $37,658,616,952 $36,638,128,534
2009 $30,745,714,313 $37,494,380,039
2008 $30,801,745,700 $47,831,254,208
2007 $26,884,700,709 $39,729,151,615
2006 $22,715,540,324 $30,116,192,747
2005 $20,040,642,477 $26,105,207,115
2004 $18,610,594,846 $22,743,164,431
2003 $17,271,760,507 $18,809,197,970
2002 $16,578,820,687 $14,282,292,665
2001 $15,976,174,337 $12,260,761,329
2000 $15,013,629,662 $11,550,695,727
1999 $14,254,866,285 $11,022,095,814
1998 $13,684,255,947 $11,289,161,847
1997 $12,614,602,382 $10,168,271,903
1996 $11,678,424,507 $8,430,207,164
1995 $11,578,594,260 $7,921,210,340
1994 $10,489,903,725 -
1993 $9,564,815,975 -
1992 $8,579,754,758 -
1991 $7,215,725,487 -
1990 $5,711,687,787 -
1989 $5,251,025,767 -
1988 $4,614,629,898 -
1987 $4,532,952,047 -
1986 $4,418,983,871 -
1985 $3,919,203,960 -
1984 $3,660,477,856 -
1983 $3,146,772,631 -
1982 $2,606,623,555 -
1981 $2,623,803,096 -
1980 $4,831,447,001 -
1979 $4,035,519,323 -
1978 $3,523,208,810 -
1977 $3,072,427,013 -
1976 $2,412,555,426 -
1975 $1,960,863,466 -
1974 $1,666,544,754 -
1973 $1,528,925,846 -
1972 $1,238,251,696 -
1971 $1,077,147,538 -
1970 $984,830,158 -
1969 $853,630,204 -
1968 $773,841,494 -
1967 $699,456,619 -
1966 $647,305,630 -
1965 $592,981,162 -
1964 $542,578,367 -
1963 $511,902,137 -
1962 $479,180,824 -
1961 $490,325,182 -
1960 $507,513,830 -

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

GeoRank.org/economy/costa-rica/lithuania | CC BY

GDP per capita in Costa Rica vs Lithuania by year

Costa Rica
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $18,587 $31,107 $29,384 $55,286
2023 $16,942 $28,909 $27,786 $52,348
2022 $13,626 $26,226 $25,086 $50,936
2021 $12,838 $23,853 $23,870 $45,874
2020 $12,394 $22,100 $20,429 $41,263
2019 $12,885 $23,340 $19,609 $40,564
2018 $12,590 $21,498 $19,247 $36,492
2017 $12,317 $20,499 $16,800 $31,305
2016 $12,091 $19,202 $14,934 $28,699
2015 $11,715 $17,525 $14,270 $26,949
2014 $10,911 $16,394 $16,446 $26,275
2013 $10,803 $15,232 $15,637 $24,890
2012 $10,127 $14,464 $14,288 $23,275
2011 $9,276 $13,614 $14,262 $21,558
2010 $8,266 $12,928 $11,829 $18,719
2009 $6,833 $12,274 $11,854 $17,055
2008 $6,937 $12,472 $14,956 $19,410
2007 $6,138 $11,842 $12,295 $17,969
2006 $5,257 $10,800 $9,210 $15,522
2005 $4,703 $9,899 $7,857 $13,951
2004 $4,431 $9,365 $6,735 $12,605
2003 $4,173 $8,863 $5,507 $11,660
2002 $4,068 $8,461 $4,148 $10,296
2001 $3,985 $8,190 $3,533 $9,399
2000 $3,813 $7,879 $3,301 $8,475
1999 $3,691 $7,563 $3,128 $7,918
1998 $3,617 $7,306 $3,181 $7,846
1997 $3,408 $6,890 $2,844 $7,167
1996 $3,227 $6,568 $2,341 $6,479
1995 $3,275 $6,515 $2,183 $6,023
1994 $3,040 $6,276 - $5,667
1993 $2,840 $6,025 - $6,107
1992 $2,612 $5,635 - $7,087
1991 $2,253 $5,175 - $8,790
1990 $1,830 $5,021 - $9,030
1989 $1,725 - - -
1988 $1,555 - - -
1987 $1,567 - - -
1986 $1,569 - - -
1985 $1,429 - - -
1984 $1,372 - - -
1983 $1,213 - - -
1982 $1,032 - - -
1981 $1,068 - - -
1980 $2,021 - - -
1979 $1,735 - - -
1978 $1,556 - - -
1977 $1,393 - - -
1976 $1,123 - - -
1975 $937 - - -
1974 $817 - - -
1973 $769 - - -
1972 $639 - - -
1971 $570 - - -
1970 $536 - - -
1969 $477 - - -
1968 $445 - - -
1967 $414 - - -
1966 $395 - - -
1965 $374 - - -
1964 $354 - - -
1963 $346 - - -
1962 $335 - - -
1961 $356 - - -
1960 $382 - - -

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

GeoRank.org/economy/costa-rica/lithuania | CC BY

Costa Rica's GDP per capita is $18,587, ranking 62/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while Lithuania ranks 39th at $55,286.

Economic indicators

Costa Rica Lithuania
Gross domestic product
$95.4B
2024
$84.9B
2024
GDP rank
73/197
2024
79/197
2024
GDP growth
4.32%
2023-2024
2.77%
2023-2024
GDP per capita
$18,587
2024
$29,384
2024
GDP per capita rank
62/197
2024
43/197
2024
GDP per capita, PPP
$31,107
2024
$55,286
2024
GDP per capita PPP rank
72/197
2024
39/197
2024
Government debt
$57B
2024
$32.4B
2024
Debt-to-GDP ratio
59.8%
2024
38.2%
2024
Government debt per person
$11,106
2024
$11,232
2024
Government debt per person rank
50/185
2024
49/185
2024
Average annual personal income after taxes
$12,150
2026
$19,946
2026
Market capitalization of domestic companies
$2.23B
2022
n/a
Income share by richest 10%
34.2%
2024
27.3%
2023
Income share by poorest 10%
1.7%
2024
2.2%
2023
Government expenditure, % of GDP
18.9%
2024
39.5%
2024
Consumer prices inflation
-0.41%
2023-2024
0.72%
2023-2024
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
6.94%
2024
7.1%
2024
Population
5181862
2829914

Spending and national debt comparison by year

Costa Rica
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Costa Rica Lithuania
Government spending Government debt Government spending Government debt
2024 18.9% 59.8% 39.5% 38.2%
2023 18.5% 61.1% 37.4% 37.3%
2022 19.2% 63% 36.3% 38.1%
2021 20.8% 67.6% 37.3% 43.3%
2020 22.3% 66.9% 42.4% 45.9%
2019 21.7% 56.4% 34.6% 35.6%
2018 18.9% 51.8% 33.8% 33.3%
2017 19.2% 47.1% 33.4% 39.3%
2016 18.8% 44.1% 34.5% 40%
2015 18.8% 39.8% 35.2% 42.6%
2014 18.4% 37.4% 35% 40.7%
2013 18.5% 35.1% 35.7% 38.9%
2012 17.3% 33.7% 36.6% 39.9%
2011 17.2% 29.5% 40.1% 37.5%
2010 18% 28.1% 43% 36.7%
2009 16.7% 26% 44.8% 27.9%
2008 15.2% 24% 38.2% 14.6%
2007 14.6% 27% 35.3% 15.9%
2006 15.2% 33% 34.4% 17.3%
2005 15.9% 37.3% 34.1% 17.6%
2004 17% 41% 33.9% 18.6%
2003 17.6% 40.6% 32.8% 20.4%
2002 18.6% 41.4% 34.4% 22.1%
2001 17.3% 39.6% 36.5% 22.9%
2000 16.9% 38.9% 38.7% 23.5%
1999 16.7% 39% 42.4% 28%
1998 16% 40.7% 39.6% 21.7%
1997 16.3% 30.6% 35% -
1996 17.3% 33.7% 34.4% -
1995 16.4% 29.1% 35.5% -
1994 17.4% 27% - -
1993 13.8% 24.4% - -
1992 13.7% 23.3% - -
1991 14% 28.4% - -
1990 18.9% 18.5% - -
1989 26.1% 19.3% - -
1988 24.5% 18.2% - -
1987 27.2% 21.2% - -
1986 26.4% 26.1% - -
1985 21.8% 22.8% - -
1984 22.8% 25.2% - -
1983 23.6% 29.8% - -
1982 18.4% 31.8% - -
1981 21% 32.3% - -
1980 25% 37.7% - -
1979 24.9% 39.5% - -
1978 23.2% 41.7% - -
1977 19.3% 27.8% - -
1976 20.1% 29.5% - -
1975 19.1% 26.1% - -
1974 18.3% 30.3% - -
1973 18.4% 32.8% - -
1972 17.2% 31.8% - -
1971 17.5% 30.4% - -
1970 14.9% 28.6% - -
1969 14.5% 26.1% - -
1968 13.8% 27.7% - -
1967 14.7% 26.7% - -
1966 14.3% 24.8% - -
1965 13.8% 24.1% - -
1964 13.5% 22.7% - -
1963 13.3% 21.8% - -
1962 14% 19.7% - -
1961 13.2% 20.3% - -
1960 12.5% 16.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/lithuania | CC BY

In 2024, Costa Rica's government spending was $18B, accounting for 18.9% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 59.8% in Costa Rica and 38.2% in Lithuania, ranking 79/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

Lithuania
1x
Year Deficit/surplus, % of GDP
Costa Rica Lithuania
2024 -3.78% -1.28%
2023 -3.25% -0.69%
2022 -2.81% -0.72%
2021 -5.09% -1.15%
2020 -8.38% -6.42%
2019 -6.68% 0.41%
2018 -5.66% 0.52%
2017 -5.88% 0.36%
2016 -5.09% 0.03%
2015 -5.52% -0.77%
2014 -5.45% -1.79%
2013 -5.25% -2.69%
2012 -4.22% -3.15%
2011 -3.91% -5.92%
2010 -4.96% -6.95%
2009 -3.25% -9.09%
2008 0.18% -3.09%
2007 0.56% -0.82%
2006 -1.04% -0.27%
2005 -2.09% -0.34%
2004 -3.42% -1.39%
2003 -3.43% -1.26%
2002 -4.99% -1.85%
2001 -3.47% -3.52%
2000 -3.68% -3.18%
1999 -2.88% -7.82%
1998 -2.96% -4.93%
1997 -3.39% -0.76%
1996 -4.32% -3.59%
1995 -3.68% -3.31%
1994 -5.46% -
1993 -1.52% -
1992 -1.51% -
1991 -2.41% -
1990 -4.4% -
1989 -1.55% -
1988 0.57% -
1987 -2.57% -
1986 -4.26% -
1985 -1.06% -
1984 -0.5% -
1983 -1.84% -
1982 -0.94% -
1981 -3.14% -
1980 -7.24% -
1979 -6.6% -
1978 -4.12% -
1977 -2.63% -
1976 -2.42% -
1975 -1.13% -
1974 0.26% -
1973 -2.41% -
1972 -4.54% -
1971 -4.72% -
1970 -1.41% -
1969 -1.61% -
1968 -1.72% -
1967 -3.03% -
1966 -2.12% -
1965 -1.71% -
1964 -1.51% -
1963 -2.01% -
1962 -1.99% -
1961 -0.71% -
1960 -0.19% -
1959 0.49% -
1958 0% -
1957 0.3% -
1956 0.05% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1956–1989, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/lithuania | CC BY

In 2024, Costa Rica's government deficit, the difference between spending and revenue, was $3.61B, equivalent to 3.78% of GDP. This compares to Lithuania's deficit of $1.09B, or 1.28% of GDP.

Over the past 30 years, Costa Rica recorded a fiscal deficit in 28 of those years, while Lithuania ran a deficit in 26 years. On average, Costa Rica posted an annual deficit equal to 3.93% of GDP, compared to deficit of 2.51% of GDP for Lithuania.

Inflation comparison by year

Inflation
Costa Rica

Lithuania
1x
Year Consumer prices inflation
Costa Rica Lithuania
2024 -0.41% 0.72%
2023 0.53% 9.12%
2022 8.27% 19.7%
2021 1.73% 4.68%
2020 0.72% 1.2%
2019 2.1% 2.33%
2018 2.22% 2.7%
2017 1.63% 3.72%
2016 -0.02% 0.91%
2015 0.8% -0.88%
2014 4.52% 0.1%
2013 5.23% 1.05%
2012 4.5% 3.09%
2011 4.88% 4.13%
2010 5.66% 1.32%
2009 7.84% 4.45%
2008 13.4% 10.9%
2007 9.36% 5.74%
2006 11.5% 3.74%
2005 13.8% 2.66%
2004 12.3% 1.16%
2003 9.45% -1.13%
2002 9.17% 0.28%
2001 11.3% 1.37%
2000 11% 0.98%
1999 10% 0.73%
1998 11.7% 5.07%
1997 13.2% 8.88%

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

GeoRank.org/economy/costa-rica/lithuania | CC BY

Over the past 28 years, Costa Rica has recorded an average annual inflation rate of 6.66%, compared with 3.53% in Lithuania. In 2024, inflation was -0.41% in Costa Rica and 0.72% in Lithuania.

Top exports between countries

Costa Rica
Export category Export value
Processed food, beverages & tobacco $531K
Raw agricultural goods $371K
Metals $206K
Machinery & equipment $185K
Raw materials & minerals $25K
Chemicals & pharma $1K
Precious metals & jewellery $1K
Lithuania
Export category Export value
Raw materials & minerals $3.77M
Machinery & equipment $1.45M
Processed food, beverages & tobacco $1.1M
Raw agricultural goods $135K
Chemicals & pharma $96K
Metals $74K
Textiles & consumer goods $74K
Animal & marine products $68K
Miscellaneous $16K
Wood & paper products $1K

Balance of trade

Costa Rica Lithuania
Current account balance
-$1.25B
2024
$2.77B
2024
Current account balance ranking
129/190
2024
41/190
2024
Current account balance, % of GDP
-1.31%
2024
+3.27%
2024
Goods imports
$23.1B
2024
$43.8B
2024
Goods exports
$20.6B
2024
$38.9B
2024
Service imports
$7.58B
2024
$14.7B
2024
Service exports
$16.3B
2024
$24.3B
2024
Imports of goods and services, % of GDP
32.8%
2024
68.9%
2024
Exports of goods and services, % of GDP
38.5%
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.

Costa Rica Lithuania
Economic freedom 69.1 75.3
Economic freedom ranking 43/197 18/197
Property rights 66 91.8
Government integrity 64.1 71.4
Judicial effectiveness 76.9 73.2
Tax burden 78.6 76.2
Government spending 89.3 57.3
Fiscal health 75.6 95.8
Business freedom 79.9 84.2
Labor freedom 55.9 58.1
Monetary freedom 78.2 76.7
Trade freedom 75 79.4
Investment freedom 50 70
Financial freedom 40 70

Economic freedom comparison by year

Costa Rica
Lithuania
1x
Year Economic freedom index
Costa Rica Lithuania
2026 69.1 75.3
2025 68.6 74.6
2024 67.7 72.9
2023 66.5 72.2
2022 65.4 75.8
2021 64.2 76.9
2020 65.8 76.7
2019 65.3 74.2
2018 65.6 75.3
2017 65 75.8
2016 67.4 75.2
2015 67.2 74.7
2014 66.9 73
2013 67 72.1
2012 68 71.5
2011 67.3 71.3
2010 65.9 70.3
2009 66.4 70
2008 64.2 70.9
2007 64 71.5
2006 65.9 71.8
2005 66.1 70.5
2004 66.4 72.4
2003 67 69.7
2002 67.5 66.1
2001 67.6 65.5
2000 68.4 61.9
1999 67.4 61.5
1998 65.6 59.4
1997 65.6 57.3
1996 66.4 49.7
1995 68 -

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

GeoRank.org/economy/costa-rica/lithuania | CC BY

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, 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

Costa Rica Lithuania
Services, % of GDP
68.8%
2024
63.6%
2024
Industry, % of GDP
19.7%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
3.56%
2024
2.57%
2024
GNI, Atlas method
$80.2B
2024
$78.4B
2024
GNI per capita, PPP
$28,840
2024
$53,920
2024
Total reserves including gold
$14.2B
2024
$7.41B
2024
Total reserves ranking
70/177
2024
86/177
2024
Net foreign direct investment
-$4.96B
2024
-$3.91B
2024
Net inflows of foreign direct investment
$5.3B
2024
$4.7B
2024
Net outflows of foreign direct investment
$337M
2024
$795M
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
n/a
Poverty at national poverty lines
20.3%
2024
20.9%
2021
Gross capital formation, % of GDP
15.7%
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/costa-rica/lithuania | CC BY

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1956–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.

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.