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Economy of Dominica vs Lithuania compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $95.2B for Lithuania, ranking 190/197 and 79/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Dominica vs Lithuania GDP by year

Dominica
Lithuania
1x
Year GDP, current $
Dominica Lithuania
2025 $723,859,259 $95,210,150,818
2024 $688,881,481 $85,503,938,574
2023 $659,311,111 $80,356,613,555
2022 $623,062,963 $70,639,687,326
2021 $562,911,111 $67,072,165,721
2020 $528,944,444 $57,412,038,533
2019 $644,259,259 $55,122,066,226
2018 $628,244,444 $54,261,795,149
2017 $563,355,556 $47,756,764,508
2016 $612,711,111 $42,970,749,245
2015 $583,177,778 $41,540,954,817
2014 $572,255,556 $48,306,546,657
2013 $545,325,926 $46,303,660,422
2012 $520,355,556 $42,709,372,067
2011 $532,081,481 $43,186,501,863
2010 $519,859,259 $36,638,128,534
2009 $515,618,519 $37,494,380,039
2008 $480,003,704 $47,831,254,208
2007 $444,685,185 $39,729,151,615
2006 $416,674,074 $30,116,192,747
2005 $391,455,556 $26,105,207,115
2004 $396,711,111 $22,743,164,431
2003 $373,318,519 $18,809,197,970
2002 $375,200,000 $14,282,292,665
2001 $377,462,963 $12,260,761,329
2000 $333,470,370 $11,550,695,727
1999 $331,759,259 $11,022,095,814
1998 $322,411,111 $11,289,161,847
1997 $302,988,889 $10,168,271,903
1996 $292,285,185 $8,430,207,164
1995 $274,522,222 $7,921,210,340
1994 $264,374,074 -
1993 $245,525,926 -
1992 $234,059,259 -
1991 $219,762,963 -
1990 $201,429,630 -
1989 $185,137,243 -
1988 $171,106,184 -
1987 $151,868,754 -
1986 $135,161,959 -
1985 $119,491,933 -
1984 $109,157,071 -
1983 $98,665,191 -
1982 $89,527,577 -
1981 $82,107,391 -
1980 $72,804,653 -
1979 $55,017,759 -
1978 $57,130,216 -
1977 $45,872,947 -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Dominica vs Lithuania by year

Dominica
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $32,959 -
2024 $10,405 $21,301 $29,604 $55,286
2023 $9,913 $20,286 $27,983 $52,348
2022 $9,324 $18,802 $24,947 $50,936
2021 $8,376 $15,809 $23,883 $45,874
2020 $7,828 $14,244 $20,429 $41,263
2019 $9,491 $16,021 $19,609 $40,564
2018 $9,215 $15,070 $19,247 $36,492
2017 $8,225 $12,696 $16,800 $31,305
2016 $8,803 $12,945 $14,934 $28,699
2015 $8,283 $12,093 $14,270 $26,949
2014 $8,132 $12,083 $16,446 $26,275
2013 $7,822 $11,286 $15,637 $24,890
2012 $7,529 $10,921 $14,288 $23,275
2011 $7,705 $11,123 $14,262 $21,558
2010 $7,550 $10,924 $11,829 $18,719
2009 $7,487 $10,804 $11,854 $17,055
2008 $6,971 $10,862 $14,956 $19,410
2007 $6,459 $9,949 $12,295 $17,969
2006 $6,056 $9,200 $9,210 $15,522
2005 $5,695 $8,557 $7,857 $13,951
2004 $5,779 $8,232 $6,735 $12,605
2003 $5,447 $7,714 $5,507 $11,660
2002 $5,488 $7,167 $4,148 $10,296
2001 $5,528 $7,291 $3,533 $9,399
2000 $4,867 $7,111 $3,301 $8,475
1999 $4,817 $6,759 $3,128 $7,918
1998 $4,664 $6,617 $3,181 $7,846
1997 $4,372 $6,290 $2,844 $7,167
1996 $4,211 $6,041 $2,341 $6,479
1995 $3,952 $5,749 $2,183 $6,023
1994 $3,805 $5,465 - $5,667
1993 $3,536 $5,352 - $6,107
1992 $3,376 $5,125 - $7,087
1991 $3,171 $4,914 - $8,790
1990 $2,893 $4,667 - $9,030
1989 $2,639 - - -
1988 $2,423 - - -
1987 $2,138 - - -
1986 $1,893 - - -
1985 $1,666 - - -
1984 $1,515 - - -
1983 $1,363 - - -
1982 $1,232 - - -
1981 $1,125 - - -
1980 $996 - - -
1979 $754 - - -
1978 $786 - - -
1977 $634 - - -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Lithuania ranks 39th at $55,286.

Economic indicators

Dominica Lithuania
Gross domestic product
$724M
2025
$95.2B
2025
GDP rank
190/197
2025
79/197
2025
GDP growth
3.05%
2024-2025
2.92%
2024-2025
GDP per capita
$10,989
2025
$32,959
2025
GDP per capita rank
84/197
2025
39/197
2025
GDP per capita, PPP
$21,301
2024
$55,286
2024
GDP per capita PPP rank
91/197
2024
39/197
2024
Government debt
$743M
2025
$37.9B
2025
Debt-to-GDP ratio
102.6%
2025
39.8%
2025
Government debt per person
$11,275
2025
$13,127
2025
Government debt per person rank
54/185
2025
49/185
2025
Average annual personal income after taxes
$6,105
2026
$20,453
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
55.4%
2025
41.2%
2025
Consumer prices inflation
2.53%
2024-2025
3.79%
2024-2025
Unemployment rate
11%
2001
6.9%
2025
Population
65501
2845693

Spending and national debt comparison by year

Dominica
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Dominica Lithuania
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 41.2% 39.8%
2024 67.4% 108.2% 39.4% 38%
2023 64.8% 101.3% 37.2% 37.1%
2022 69.7% 110% 36.6% 38.3%
2021 67% 116.3% 37.3% 43.3%
2020 66.8% 118.4% 42.4% 45.9%
2019 48.3% 97.8% 34.6% 35.6%
2018 63.4% 85.7% 33.8% 33.3%
2017 54% 84.2% 33.4% 39.1%
2016 48% 76.9% 34.5% 39.8%
2015 32.4% 68.2% 35.2% 42.4%
2014 32.7% 71.3% 35% 40.7%
2013 33.4% 73.9% 35.7% 38.9%
2012 36.2% 73.1% 36.6% 39.9%
2011 35.2% 69.7% 40.1% 37.5%
2010 39.4% 66.8% 43% 36.7%
2009 35.9% 62.5% 44.8% 27.9%
2008 34.7% 64.4% 38.2% 14.6%
2007 34.1% 71.8% 35.3% 15.9%
2006 29.7% 77.4% 34.4% 17.3%
2005 31% 82% 34.1% 17.6%
2004 30.2% 86.2% 33.9% 18.6%
2003 30.1% 94.9% 32.8% 20.4%
2002 28.6% 97.9% 34.4% 22.1%
2001 29.6% 98.5% 36.5% 22.9%
2000 38.5% 68.9% 38.7% 23.5%
1999 35.2% 61.8% 42.4% 28%
1998 33% 56.3% 39.6% 21.7%
1997 28.2% 47.7% 35.1% -
1996 28.5% 53.7% 34.4% -
1995 28.8% 57.4% 35.5% -
1994 27.2% 55.9% - -
1993 25.2% 53.4% - -
1992 27.4% 54% - -
1991 29% 56.9% - -
1990 31.5% 54.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 39.8% in Lithuania, ranking 20/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Lithuania
1x
Year Deficit/surplus, % of GDP
Dominica Lithuania
2025 -1.35% -2.18%
2024 -6.75% -1.28%
2023 -4.52% -0.66%
2022 -7.18% -0.72%
2021 -8.22% -1.15%
2020 -7.53% -6.42%
2019 -8.72% 0.41%
2018 -17.2% 0.52%
2017 -3.27% 0.36%
2016 11.6% 0.03%
2015 11.4% -0.77%
2014 -5.54% -1.79%
2013 -2.88% -2.69%
2012 -5.41% -3.15%
2011 -4.4% -5.92%
2010 -3.38% -6.95%
2009 -0.31% -9.09%
2008 0.7% -3.09%
2007 1.8% -0.82%
2006 2.93% -0.27%
2005 0.95% -0.34%
2004 -0.67% -1.39%
2003 0.85% -1.26%
2002 -4.07% -1.85%
2001 -6.54% -3.52%
2000 -8.66% -3.18%
1999 -9.18% -7.82%
1998 -5.99% -4.93%
1997 -2.24% -0.76%
1996 -1.59% -3.58%
1995 -2.88% -3.31%
1994 -3.35% -
1993 -1.41% -
1992 -2.22% -
1991 -2.99% -
1990 -4.66% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Dominica's government deficit, the difference between spending and revenue, was $9.76M, equivalent to 1.35% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, Dominica recorded a fiscal deficit in 24 of those years, while Lithuania ran a deficit in 27 years. On average, Dominica posted an annual deficit equal to 3.17% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Dominica

Lithuania
1x
Year Consumer prices inflation
Dominica Lithuania
2025 2.53% 3.79%
2024 2.74% 0.72%
2023 5.09% 9.12%
2022 2.88% 19.7%
2021 2.23% 4.68%
2020 1.22% 1.2%
2019 1.5% 2.33%
2018 0.99% 2.7%
2017 0.3% 3.72%
2016 0.14% 0.91%
2015 -0.84% -0.88%
2014 0.8% 0.1%
2013 -0.05% 1.05%
2012 1.36% 3.09%
2011 1.13% 4.13%
2010 3% 1.32%
2009 0.006% 4.45%
2008 6.36% 10.9%
2007 3.63% 5.74%
2006 2.2% 3.74%
2005 1.68% 2.66%
2004 2.39% 1.16%
2003 1.45% -1.13%
2002 0.17% 0.28%
2001 1.3% 1.37%
2000 0.86% 0.98%
1999 1.18% 0.73%
1998 1% 5.07%
1997 2.44% 8.88%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 3.54% in Lithuania. In 2025, inflation was 2.53% in Dominica and 3.79% in Lithuania.

Top exports between countries

Dominica
Export category Export value
Lithuania
Export category Export value
Processed food, beverages & tobacco $2.3M
Raw materials & minerals $243K
Machinery & equipment $176K
Animal & marine products $56K
Raw agricultural goods $35K
Miscellaneous $27K
Wood & paper products $16K
Chemicals & pharma $1K

Balance of trade

Dominica Lithuania
Current account balance
-$275M
2025
$900M
2025
Current account balance ranking
94/190
2025
51/190
2025
Current account balance, % of GDP
-38%
2025
+0.94%
2025
Goods imports
$275M
2025
$48.3B
2025
Goods exports
$29.8M
2025
$40.7B
2025
Service imports
$208M
2025
$17.5B
2025
Service exports
$181M
2025
$28.8B
2025
Imports of goods and services, % of GDP n/a
69.1%
2025
Exports of goods and services, % of GDP
8.5%
2026
73%
2025

Economic freedom indices

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

Dominica Lithuania
Economic freedom 56.1 75.3
Economic freedom ranking 124/197 18/197
Property rights 65.8 91.8
Government integrity 61.2 71.4
Judicial effectiveness 77.3 73.2
Tax burden 76.1 76.2
Government spending 0 57.3
Fiscal health 45.6 95.8
Business freedom 66.2 84.2
Labor freedom 49.8 58.1
Monetary freedom 77.7 76.7
Trade freedom 53.2 79.4
Investment freedom 60 70
Financial freedom 40 70

Economic freedom comparison by year

Dominica
Lithuania
1x
Year Economic freedom index
Dominica Lithuania
2026 56.1 75.3
2025 55.3 74.6
2024 54 72.9
2023 59.7 72.2
2022 54.4 75.8
2021 53 76.9
2020 60.8 76.7
2019 63.6 74.2
2018 64.5 75.3
2017 63.7 75.8
2016 67 75.2
2015 66.1 74.7
2014 65.2 73
2013 63.9 72.1
2012 61.6 71.5
2011 63.3 71.3
2010 63.2 70.3
2009 62.6 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 2026-07-08).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, 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

Dominica Lithuania
Services, % of GDP
57.2%
2025
64.8%
2025
Industry, % of GDP
14.1%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
2.27%
2025
GNI, Atlas method
$704M
2025
$88.1B
2025
GNI per capita, PPP
$22,130
2025
$55,010
2025
Total reserves including gold
$165M
2025
$7.06B
2025
Total reserves ranking
172/177
2025
90/177
2025
Net foreign direct investment
-$49.5M
2025
-$2.96B
2025
Net inflows of foreign direct investment
$60M
2024
$4.7B
2024
Net outflows of foreign direct investment
-$401K
2024
$795M
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
n/a
Poverty at national poverty lines
29%
2020
20.9%
2021
Gross capital formation, % of GDP n/a
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/dominica/lithuania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, 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.