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Economy of Ecuador vs Lithuania compared: GDP & Debt

Updated on by Georank

Ecuador has a GDP of $130B compared to $95.2B for Lithuania, ranking 64/197 and 79/197 by economy size, respectively.

Ecuador has $70.9B in government debt (54.4% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Ecuador vs Lithuania GDP by year

Ecuador
Lithuania
1x
Year GDP, current $
Ecuador Lithuania
2025 $130,320,560,400 $95,210,150,818
2024 $123,802,374,000 $85,503,938,574
2023 $120,792,801,000 $80,356,613,555
2022 $116,133,121,000 $70,639,687,326
2021 $107,179,074,000 $67,072,165,721
2020 $95,865,473,000 $57,412,038,533
2019 $107,595,830,000 $55,122,066,226
2018 $107,478,961,000 $54,261,795,149
2017 $104,467,486,000 $47,756,764,508
2016 $97,671,433,000 $42,970,749,245
2015 $97,209,558,000 $41,540,954,817
2014 $102,717,794,000 $48,306,546,657
2013 $96,570,334,000 $46,303,660,422
2012 $87,735,048,000 $42,709,372,067
2011 $78,986,648,000 $43,186,501,863
2010 $68,151,329,000 $36,638,128,534
2009 $60,094,978,000 $37,494,380,039
2008 $61,139,438,000 $47,831,254,208
2007 $49,848,725,000 $39,729,151,615
2006 $45,690,762,000 $30,116,192,747
2005 $40,278,849,000 $26,105,207,115
2004 $35,194,947,000 $22,743,164,431
2003 $30,965,208,000 $18,809,197,970
2002 $27,054,197,000 $14,282,292,665
2001 $23,127,055,000 $12,260,761,329
2000 $17,539,454,727 $11,550,695,727
1999 $19,645,272,636 $11,022,095,814
1998 $27,981,896,948 $11,289,161,847
1997 $28,162,053,027 $10,168,271,903
1996 $25,226,393,197 $8,430,207,164
1995 $24,432,884,442 $7,921,210,340
1994 $22,708,673,337 -
1993 $18,938,717,359 -
1992 $18,094,238,119 -
1991 $16,988,535,268 -
1990 $15,239,272,612 -
1989 $13,890,823,705 -
1988 $13,051,881,851 -
1987 $13,945,426,859 -
1986 $15,314,138,472 -
1985 $17,149,088,413 -
1984 $16,912,509,092 -
1983 $17,152,477,037 -
1982 $19,929,846,396 -
1981 $21,810,759,354 -
1980 $17,881,508,242 -
1979 $14,175,160,902 -
1978 $11,922,497,876 -
1977 $11,026,342,618 -
1976 $9,091,921,030 -
1975 $7,731,674,472 -
1974 $6,599,257,044 -
1973 $3,891,754,150 -
1972 $3,185,986,087 -
1971 $2,754,219,271 -
1970 $2,862,503,139 -
1969 $3,112,165,727 -
1968 $2,582,179,864 -
1967 $2,553,595,172 -
1966 $2,429,308,639 -
1965 $2,387,047,396 -
1964 $2,244,146,103 -
1963 $1,824,343,871 -
1962 $1,518,207,703 -
1961 $1,753,850,955 -
1960 $2,069,464,937 -

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

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

GDP per capita in Ecuador vs Lithuania by year

Ecuador
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,125 - $32,959 -
2024 $6,827 $15,840 $29,604 $55,286
2023 $6,718 $15,919 $27,983 $52,348
2022 $6,516 $15,198 $24,947 $50,936
2021 $6,061 $13,507 $23,883 $45,874
2020 $5,464 $11,527 $20,429 $41,263
2019 $6,205 $12,543 $19,609 $40,564
2018 $6,304 $12,187 $19,247 $36,492
2017 $6,233 $11,793 $16,800 $31,305
2016 $5,918 $10,881 $14,934 $28,699
2015 $5,976 $10,878 $14,270 $26,949
2014 $6,406 $11,836 $16,446 $26,275
2013 $6,109 $11,296 $15,637 $24,890
2012 $5,634 $10,245 $14,288 $23,275
2011 $5,154 $9,769 $14,262 $21,558
2010 $4,520 $8,969 $11,829 $18,719
2009 $4,053 $8,662 $11,854 $17,055
2008 $4,195 $8,663 $14,956 $19,410
2007 $3,479 $8,112 $12,295 $17,969
2006 $3,244 $7,885 $9,210 $15,522
2005 $2,909 $7,457 $7,857 $13,951
2004 $2,586 $6,980 $6,735 $12,605
2003 $2,316 $6,475 $5,507 $11,660
2002 $2,059 $6,282 $4,148 $10,296
2001 $1,791 $5,999 $3,533 $9,399
2000 $1,382 $5,728 $3,301 $8,475
1999 $1,575 $5,638 $3,128 $7,918
1998 $2,284 $5,940 $3,181 $7,846
1997 $2,341 $5,793 $2,844 $7,167
1996 $2,136 $5,560 $2,341 $6,479
1995 $2,108 $5,469 $2,183 $6,023
1994 $1,997 $5,339 - $5,667
1993 $1,698 $5,112 - $6,107
1992 $1,655 $4,998 - $7,087
1991 $1,587 $4,887 - $8,790
1990 $1,455 $4,632 - $9,030
1989 $1,356 - - -
1988 $1,304 - - -
1987 $1,426 - - -
1986 $1,604 - - -
1985 $1,842 - - -
1984 $1,864 - - -
1983 $1,940 - - -
1982 $2,314 - - -
1981 $2,601 - - -
1980 $2,190 - - -
1979 $1,783 - - -
1978 $1,541 - - -
1977 $1,465 - - -
1976 $1,242 - - -
1975 $1,086 - - -
1974 $954 - - -
1973 $579 - - -
1972 $488 - - -
1971 $434 - - -
1970 $465 - - -
1969 $521 - - -
1968 $445 - - -
1967 $454 - - -
1966 $445 - - -
1965 $450 - - -
1964 $436 - - -
1963 $365 - - -
1962 $312 - - -
1961 $371 - - -
1960 $451 - - -

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

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

Ecuador's GDP per capita is $7,125, ranking 102/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while Lithuania ranks 39th at $55,286.

Economic indicators

Ecuador Lithuania
Gross domestic product
$130B
2025
$95.2B
2025
GDP rank
64/197
2025
79/197
2025
GDP growth
3.73%
2024-2025
2.92%
2024-2025
GDP per capita
$7,125
2025
$32,959
2025
GDP per capita rank
102/197
2025
39/197
2025
GDP per capita, PPP
$15,840
2024
$55,286
2024
GDP per capita PPP rank
110/197
2024
39/197
2024
Government debt
$70.9B
2025
$37.9B
2025
Debt-to-GDP ratio
54.4%
2025
39.8%
2025
Government debt per person
$3,877
2025
$13,127
2025
Government debt per person rank
94/185
2025
49/185
2025
Average annual personal income after taxes
$6,605
2026
$20,453
2026
Market capitalization of domestic companies
$747M
2000
n/a
Income share by richest 10%
35.1%
2025
27.3%
2023
Income share by poorest 10%
1.7%
2025
2.2%
2023
Government expenditure, % of GDP
38.4%
2025
41.2%
2025
Consumer prices inflation
0.71%
2024-2025
3.79%
2024-2025
Unemployment rate
3.23%
2025
6.9%
2025
Population
18524711
2845693

Spending and national debt comparison by year

Ecuador
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Ecuador Lithuania
Government spending Government debt Government spending Government debt
2025 38.4% 54.4% 41.2% 39.8%
2024 38.3% 54.1% 39.4% 38%
2023 39.6% 54.5% 37.2% 37.1%
2022 38.9% 57.2% 36.6% 38.3%
2021 37.5% 61.8% 37.3% 43.3%
2020 40.2% 63.6% 42.4% 45.9%
2019 39.8% 52.1% 34.6% 35.6%
2018 40.9% 49.5% 33.8% 33.3%
2017 40.5% 47.4% 33.4% 39.1%
2016 44.1% 46.1% 34.5% 39.8%
2015 44.1% 36.4% 35.2% 42.4%
2014 45.9% 28.2% 35% 40.7%
2013 46.7% 23.4% 35.7% 38.9%
2012 43.2% 19.3% 36.6% 39.9%
2011 39.6% 18.6% 40.1% 37.5%
2010 35.4% 18.4% 43% 36.7%
2009 34.3% 19.7% 44.8% 27.9%
2008 35.6% 24.9% 38.2% 14.6%
2007 24.7% 29.6% 35.3% 15.9%
2006 21.7% 33.1% 34.4% 17.3%
2005 22% 35.8% 34.1% 17.6%
2004 21.3% 40.2% 33.9% 18.6%
2003 21.3% 47.2% 32.8% 20.4%
2002 22.8% 55% 34.4% 22.1%
2001 21.4% 63.8% 36.5% 22.9%
2000 24.3% 92.2% 38.7% 23.5%
1999 24.1% 105.2% 42.4% 28%
1998 21.5% 70.3% 39.6% 21.7%
1997 22% 61.5% 35.1% -
1996 22.7% 69.3% 34.4% -
1995 22% 70.5% 35.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, retrieved 2026-07-08).

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

In 2025, Ecuador's government spending was $50B, accounting for 38.4% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 54.4% in Ecuador and 39.8% in Lithuania, ranking 92/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

Lithuania
1x
Year Deficit/surplus, % of GDP
Ecuador Lithuania
2025 -2.88% -2.18%
2024 -1.28% -1.28%
2023 -3.49% -0.66%
2022 0.04% -0.72%
2021 -1.59% -1.15%
2020 -7.38% -6.42%
2019 -3.47% 0.41%
2018 -2.8% 0.52%
2017 -5.77% 0.36%
2016 -10.3% 0.03%
2015 -6.87% -0.77%
2014 -8.11% -1.79%
2013 -8.17% -2.69%
2012 -2.83% -3.15%
2011 -0.13% -5.92%
2010 -1.39% -6.95%
2009 -3.71% -9.09%
2008 0.57% -3.09%
2007 2.66% -0.82%
2006 2.92% -0.27%
2005 0.66% -0.34%
2004 1.94% -1.39%
2003 1.05% -1.26%
2002 0.74% -1.85%
2001 0.03% -3.52%
2000 -0.32% -3.18%
1999 -4.82% -7.82%
1998 -5.1% -4.93%
1997 -2.83% -0.76%
1996 -3.44% -3.58%
1995 -2.02% -3.31%

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

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

In 2025, Ecuador's government deficit, the difference between spending and revenue, was $3.76B, equivalent to 2.88% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, Ecuador recorded a fiscal deficit in 22 of those years, while Lithuania ran a deficit in 27 years. On average, Ecuador posted an annual deficit equal to 2.52% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Ecuador

Lithuania
1x
Year Consumer prices inflation
Ecuador Lithuania
2025 0.71% 3.79%
2024 1.55% 0.72%
2023 2.22% 9.12%
2022 3.47% 19.7%
2021 0.13% 4.68%
2020 -0.34% 1.2%
2019 0.27% 2.33%
2018 -0.22% 2.7%
2017 0.42% 3.72%
2016 1.73% 0.91%
2015 3.97% -0.88%
2014 3.59% 0.1%
2013 2.72% 1.05%
2012 5.1% 3.09%
2011 4.47% 4.13%
2010 3.55% 1.32%
2009 5.16% 4.45%
2008 8.4% 10.9%
2007 2.28% 5.74%
2006 3.3% 3.74%
2005 2.17% 2.66%
2004 2.74% 1.16%
2003 7.93% -1.13%
2002 12.5% 0.28%
2001 37.7% 1.37%
2000 96.1% 0.98%
1999 52.2% 0.73%
1998 36.1% 5.07%
1997 30.7% 8.88%

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

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

Over the past 29 years, Ecuador has recorded an average annual inflation rate of 11.4%, compared with 3.54% in Lithuania. In 2025, inflation was 0.71% in Ecuador and 3.79% in Lithuania.

Top exports between countries

Ecuador
Export category Export value
Animal & marine products $72M
Raw agricultural goods $11.7M
Processed food, beverages & tobacco $784K
Machinery & equipment $575K
Wood & paper products $311K
Textiles & consumer goods $20K
Metals $18K
Chemicals & pharma $12K
Miscellaneous $4K
Lithuania
Export category Export value
Raw materials & minerals $7.21M
Machinery & equipment $2.67M
Chemicals & pharma $641K
Processed food, beverages & tobacco $460K
Raw agricultural goods $452K
Animal & marine products $212K
Metals $171K
Textiles & consumer goods $51K
Miscellaneous $26K
Wood & paper products $11K

Balance of trade

Ecuador Lithuania
Current account balance
$7.7B
2025
$900M
2025
Current account balance ranking
28/190
2025
51/190
2025
Current account balance, % of GDP
+5.91%
2025
+0.94%
2025
Goods imports
$31.1B
2025
$48.3B
2025
Goods exports
$37.4B
2025
$40.7B
2025
Service imports
$6.22B
2025
$17.5B
2025
Service exports
$4.14B
2025
$28.8B
2025
Imports of goods and services, % of GDP
27.9%
2025
69.1%
2025
Exports of goods and services, % of GDP
31.4%
2025
73%
2025

Economic freedom indices

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

Ecuador Lithuania
Economic freedom 55.6 75.3
Economic freedom ranking 127/197 18/197
Property rights 33.2 91.8
Government integrity 33 71.4
Judicial effectiveness 48.1 73.2
Tax burden 74.2 76.2
Government spending 54.9 57.3
Fiscal health 90.3 95.8
Business freedom 64.3 84.2
Labor freedom 56.9 58.1
Monetary freedom 76.3 76.7
Trade freedom 66.4 79.4
Investment freedom 30 70
Financial freedom 40 70

Economic freedom comparison by year

Ecuador
Lithuania
1x
Year Economic freedom index
Ecuador Lithuania
2026 55.6 75.3
2025 55.8 74.6
2024 55 72.9
2023 55 72.2
2022 54.3 75.8
2021 52.4 76.9
2020 51.3 76.7
2019 46.9 74.2
2018 48.5 75.3
2017 49.3 75.8
2016 48.6 75.2
2015 49.2 74.7
2014 48 73
2013 46.9 72.1
2012 48.3 71.5
2011 47.1 71.3
2010 49.3 70.3
2009 52.5 70
2008 55.2 70.9
2007 55.3 71.5
2006 54.6 71.8
2005 52.9 70.5
2004 54.4 72.4
2003 54.1 69.7
2002 53.1 66.1
2001 55.1 65.5
2000 59.8 61.9
1999 62.9 61.5
1998 62.8 59.4
1997 61 57.3
1996 60.1 49.7
1995 57.7 -

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

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

The Economic Freedom Index for Ecuador is 55.6, ranking 127/197, 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

Ecuador Lithuania
Services, % of GDP
57%
2025
64.8%
2025
Industry, % of GDP
25.7%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
9.7%
2025
2.27%
2025
GNI, Atlas method
$126B
2025
$88.1B
2025
GNI per capita, PPP
$16,290
2025
$55,010
2025
Total reserves including gold
$9.8B
2025
$7.06B
2025
Total reserves ranking
79/177
2025
90/177
2025
Net foreign direct investment
-$1.3B
2025
-$2.96B
2025
Net inflows of foreign direct investment
$446M
2024
$4.7B
2024
Net outflows of foreign direct investment
$0
2024
$795M
2024
Servicing debt to the IMF, % of GNI
7.05%
2024
n/a
Poverty at national poverty lines
21.4%
2025
20.9%
2021
Gross capital formation, % of GDP
20.9%
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/ecuador/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 (1995–2025, 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. TradeMap (2022–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–2000, 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.