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Economy of Eswatini vs Lithuania compared: GDP & Debt

Updated on by Georank

Eswatini has a GDP of $5.16B compared to $95.2B for Lithuania, ranking 163/197 and 79/197 by economy size, respectively.

Eswatini has $2.31B in government debt (44.9% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Eswatini vs Lithuania GDP by year

Eswatini
Lithuania
1x
Year GDP, current $
Eswatini Lithuania
2025 $5,160,679,613 $95,210,150,818
2024 $4,858,885,841 $85,503,938,574
2023 $4,621,191,262 $80,356,613,555
2022 $4,746,660,274 $70,639,687,326
2021 $4,807,069,277 $67,072,165,721
2020 $4,134,677,810 $57,412,038,533
2019 $4,617,018,959 $55,122,066,226
2018 $4,643,751,059 $54,261,795,149
2017 $4,462,640,651 $47,756,764,508
2016 $3,722,306,117 $42,970,749,245
2015 $3,908,217,914 $41,540,954,817
2014 $4,285,065,665 $48,306,546,657
2013 $4,463,396,204 $46,303,660,422
2012 $4,747,813,067 $42,709,372,067
2011 $4,722,912,047 $43,186,501,863
2010 $4,360,714,359 $36,638,128,534
2009 $3,525,213,502 $37,494,380,039
2008 $3,235,921,171 $47,831,254,208
2007 $3,391,122,887 $39,729,151,615
2006 $3,215,307,901 $30,116,192,747
2005 $3,097,946,371 $26,105,207,115
2004 $2,710,331,785 $22,743,164,431
2003 $2,149,632,433 $18,809,197,970
2002 $1,393,945,031 $14,282,292,665
2001 $1,502,870,486 $12,260,761,329
2000 $1,697,161,558 $11,550,695,727
1999 $1,547,888,496 $11,022,095,814
1998 $1,576,908,856 $11,289,161,847
1997 $1,716,714,070 $10,168,271,903
1996 $1,602,741,834 $8,430,207,164
1995 $1,698,989,464 $7,921,210,340
1994 $1,419,294,254 -
1993 $1,357,189,552 -
1992 $1,284,759,928 -
1991 $1,156,135,718 -
1990 $1,114,694,041 -
1989 $696,921,542 -
1988 $692,026,455 -
1987 $584,126,092 -
1986 $449,140,318 -
1985 $360,079,419 -
1984 $494,483,409 -
1983 $555,336,146 -
1982 $537,568,059 -
1981 $570,774,825 -
1980 $541,976,853 -
1979 $412,093,134 -
1978 $340,630,085 -
1977 $304,060,076 -
1976 $272,550,068 -
1975 $288,299,789 -
1974 $264,320,941 -
1973 $221,915,128 -
1972 $146,736,479 -
1971 $136,462,081 -
1970 $112,139,955 -
1969 $105,419,958 -
1968 $79,799,968 -
1967 $74,759,970 -
1966 $76,859,969 -
1965 $70,279,972 -
1964 $64,980,554 -
1963 $54,129,438 -
1962 $45,927,962 -
1961 $43,026,043 -
1960 $35,076,846 -

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

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

GDP per capita in Eswatini vs Lithuania by year

Eswatini
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Eswatini Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $4,108 - $32,959 -
2024 $3,910 $11,799 $29,604 $55,286
2023 $3,756 $11,300 $27,983 $52,348
2022 $3,894 $10,635 $24,947 $50,936
2021 $3,984 $9,990 $23,883 $45,874
2020 $3,467 $9,329 $20,429 $41,263
2019 $3,913 $9,248 $19,609 $40,564
2018 $3,973 $8,535 $19,247 $36,492
2017 $3,853 $8,584 $16,800 $31,305
2016 $3,238 $8,484 $14,934 $28,699
2015 $3,420 $8,391 $14,270 $26,949
2014 $3,771 $8,366 $16,446 $26,275
2013 $3,950 $8,231 $15,637 $24,890
2012 $4,225 $7,760 $14,288 $23,275
2011 $4,225 $7,571 $14,262 $21,558
2010 $3,923 $7,324 $11,829 $18,719
2009 $3,190 $7,011 $11,854 $17,055
2008 $2,947 $6,914 $14,956 $19,410
2007 $3,109 $6,732 $12,295 $17,969
2006 $2,965 $6,319 $9,210 $15,522
2005 $2,871 $5,773 $7,857 $13,951
2004 $2,526 $5,310 $6,735 $12,605
2003 $2,015 $5,020 $5,507 $11,660
2002 $1,316 $4,742 $4,148 $10,296
2001 $1,430 $4,521 $3,533 $9,399
2000 $1,630 $4,401 $3,301 $8,475
1999 $1,502 $4,272 $3,128 $7,918
1998 $1,547 $4,137 $3,181 $7,846
1997 $1,705 $4,038 $2,844 $7,167
1996 $1,619 $3,916 $2,341 $6,479
1995 $1,751 $3,777 $2,183 $6,023
1994 $1,461 $3,526 - $5,667
1993 $1,397 $3,371 - $6,107
1992 $1,362 $3,289 - $7,087
1991 $1,273 $3,236 - $8,790
1990 $1,278 $3,202 - $9,030
1989 $832 - - -
1988 $865 - - -
1987 $765 - - -
1986 $611 - - -
1985 $510 - - -
1984 $726 - - -
1983 $843 - - -
1982 $843 - - -
1981 $925 - - -
1980 $908 - - -
1979 $714 - - -
1978 $610 - - -
1977 $563 - - -
1976 $521 - - -
1975 $568 - - -
1974 $536 - - -
1973 $463 - - -
1972 $315 - - -
1971 $301 - - -
1970 $254.2 - - -
1969 $245.2 - - -
1968 $190.4 - - -
1967 $182.8 - - -
1966 $192.7 - - -
1965 $181 - - -
1964 $171.6 - - -
1963 $146.4 - - -
1962 $127.1 - - -
1961 $121.8 - - -
1960 $101.6 - - -

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

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

Eswatini's GDP per capita is $4,108, ranking 131/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Eswatini ranks 126th at $11,799, while Lithuania ranks 39th at $55,286.

Economic indicators

Eswatini Lithuania
Gross domestic product
$5.16B
2025
$95.2B
2025
GDP rank
163/197
2025
79/197
2025
GDP growth
4.19%
2024-2025
2.92%
2024-2025
GDP per capita
$4,108
2025
$32,959
2025
GDP per capita rank
131/197
2025
39/197
2025
GDP per capita, PPP
$11,799
2024
$55,286
2024
GDP per capita PPP rank
126/197
2024
39/197
2024
Government debt
$2.31B
2025
$37.9B
2025
Debt-to-GDP ratio
44.9%
2025
39.8%
2025
Government debt per person
$1,843
2025
$13,127
2025
Government debt per person rank
121/185
2025
49/185
2025
Average annual personal income after taxes
$4,770
2026
$20,453
2026
Market capitalization of domestic companies
$234M
2007
n/a
Number of billionaires
1
2026
n/a
Income share by richest 10%
42.7%
2016
27.3%
2023
Income share by poorest 10%
1.4%
2016
2.2%
2023
Government expenditure, % of GDP
35.7%
2025
41.2%
2025
Consumer prices inflation
2.6%
2018-2019
3.79%
2024-2025
Central bank interest rate
6.75%
2025
n/a
Unemployment rate
34.3%
2023
6.9%
2025
Population
1276995
2845693

Spending and national debt comparison by year

Eswatini
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Eswatini Lithuania
Government spending Government debt Government spending Government debt
2025 35.7% 44.9% 41.2% 39.8%
2024 33.6% 40.1% 39.4% 38%
2023 31.5% 39.4% 37.2% 37.1%
2022 28.9% 39.5% 36.6% 38.3%
2021 29.3% 37.3% 37.3% 43.3%
2020 32.2% 37.7% 42.4% 45.9%
2019 32.8% 30.5% 34.6% 35.6%
2018 31.6% 26.5% 33.8% 33.3%
2017 33.6% 21.7% 33.4% 39.1%
2016 34% 20.1% 34.5% 39.8%
2015 34.5% 16% 35.2% 42.4%
2014 32.7% 14.1% 35% 40.7%
2013 28.8% 15.2% 35.7% 38.9%
2012 27.1% 14.8% 36.6% 39.9%
2011 25.1% 14.6% 40.1% 37.5%
2010 31.1% 14.2% 43% 36.7%
2009 33.9% 10.6% 44.8% 27.9%
2008 33.4% 14.6% 38.2% 14.6%
2007 30.4% 16.1% 35.3% 15.9%
2006 27.6% 14.7% 34.4% 17.3%
2005 29% 13.6% 34.1% 17.6%
2004 31% 15% 33.9% 18.6%
2003 25.9% 17.7% 32.8% 20.4%
2002 26.5% 17.2% 34.4% 22.1%
2001 25.6% 21.7% 36.5% 22.9%
2000 24.7% 18.2% 38.7% 23.5%
1999 25.8% 16.7% 42.4% 28%
1998 22% 15.6% 39.6% 21.7%
1997 20.7% 12.7% 35.1% -
1996 22.5% 11.5% 34.4% -
1995 19.9% 12.5% 35.5% -
1994 23.4% 13.1% - -
1993 23% 15% - -
1992 24.7% 16.6% - -
1991 19.6% 20.1% - -
1990 18.2% 20.4% - -
1989 15.8% 26.8% - -
1988 15.6% 27.5% - -
1987 17% 36.1% - -
1986 19.8% 44% - -
1985 22.3% 45.5% - -
1984 22.2% 29.7% - -
1983 23.2% 28.7% - -
1982 24% 29.2% - -
1981 23.8% 24.3% - -
1980 19.6% 27.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1992, retrieved 2026-07-08).

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

In 2025, Eswatini's government spending was $1.84B, accounting for 35.7% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 44.9% in Eswatini and 39.8% in Lithuania, ranking 118/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Eswatini

Lithuania
1x
Year Deficit/surplus, % of GDP
Eswatini Lithuania
2025 -6.14% -2.18%
2024 -1.06% -1.28%
2023 -0.66% -0.66%
2022 -5.27% -0.72%
2021 -4.55% -1.15%
2020 -4.21% -6.42%
2019 -6.23% 0.41%
2018 -6.59% 0.52%
2017 -5.64% 0.36%
2016 -8.36% 0.03%
2015 -5.89% -0.77%
2014 -1.16% -1.79%
2013 0.57% -2.69%
2012 3.39% -3.15%
2011 -3.88% -5.92%
2010 -9.34% -6.95%
2009 -3% -9.09%
2008 1.58% -3.09%
2007 2.37% -0.82%
2006 8.67% -0.27%
2005 -1.66% -0.34%
2004 -3.97% -1.39%
2003 -2.11% -1.26%
2002 -3.69% -1.85%
2001 -2.24% -3.52%
2000 -1.19% -3.18%
1999 -1.23% -7.82%
1998 1.05% -4.93%
1997 2.06% -0.76%
1996 -0.97% -3.58%
1995 0.87% -3.31%
1994 -3.43% -
1993 -3.15% -
1992 -2.76% -
1991 3.28% -
1990 5.47% -
1989 5.82% -
1988 3.23% -
1987 2.03% -
1986 -2.41% -
1985 -1.33% -
1984 1.25% -
1983 -0.6% -
1982 0.11% -
1981 -4.29% -
1980 6.55% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08).

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

In 2025, Eswatini's government deficit, the difference between spending and revenue, was $317M, equivalent to 6.14% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, Eswatini recorded a fiscal deficit in 23 of those years, while Lithuania ran a deficit in 27 years. On average, Eswatini posted an annual deficit equal to 2.21% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Eswatini

Lithuania
1x
Year Consumer prices inflation
Eswatini Lithuania
2025 - 3.79%
2024 - 0.72%
2023 - 9.12%
2022 - 19.7%
2021 - 4.68%
2020 - 1.2%
2019 2.6% 2.33%
2018 4.82% 2.7%
2017 6.22% 3.72%
2016 7.85% 0.91%
2015 4.95% -0.88%
2014 5.68% 0.1%
2013 5.62% 1.05%
2012 8.94% 3.09%
2011 6.11% 4.13%
2010 4.51% 1.32%
2009 7.45% 4.45%
2008 12.7% 10.9%
2007 8.08% 5.74%
2006 5.3% 3.74%
2005 4.77% 2.66%
2004 3.45% 1.16%
2003 7.29% -1.13%
2002 12% 0.28%
2001 5.94% 1.37%
2000 12.2% 0.98%
1999 6.09% 0.73%
1998 8.11% 5.07%
1997 7.13% 8.88%

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

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

Over the past 23 years, Eswatini has recorded an average annual inflation rate of 6.86%, compared with 2.75% in Lithuania. In 2019, inflation was 2.6% in Eswatini and 3.79% in Lithuania.

Top exports between countries

Eswatini
Export category Export value
Processed food, beverages & tobacco $70K
Raw agricultural goods $19K
Chemicals & pharma $1K
Lithuania
Export category Export value
Machinery & equipment $34K
Wood & paper products $20K

Balance of trade

Eswatini Lithuania
Current account balance
$78.3M
2024
$900M
2025
Current account balance ranking
65/190
2024
51/190
2025
Current account balance, % of GDP
+1.61%
2024
+0.94%
2025
Goods imports
$2.07B
2024
$48.3B
2025
Goods exports
$2.33B
2024
$40.7B
2025
Service imports
$542M
2024
$17.5B
2025
Service exports
$234M
2024
$28.8B
2025
Imports of goods and services, % of GDP
53.7%
2024
69.1%
2025
Exports of goods and services, % of GDP
53.8%
2024
73%
2025

Economic freedom indices

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

Eswatini Lithuania
Economic freedom 57.5 75.3
Economic freedom ranking 116/197 18/197
Property rights 42.5 91.8
Government integrity 29.7 71.4
Judicial effectiveness 35.5 73.2
Tax burden 78.6 76.2
Government spending 71 57.3
Fiscal health 87.5 95.8
Business freedom 49.9 84.2
Labor freedom 55.2 58.1
Monetary freedom 76.8 76.7
Trade freedom 73.6 79.4
Investment freedom 50 70
Financial freedom 40 70

Economic freedom comparison by year

Eswatini
Lithuania
1x
Year Economic freedom index
Eswatini Lithuania
2026 57.5 75.3
2025 56.4 74.6
2024 55.6 72.9
2023 54.9 72.2
2022 51.4 75.8
2021 55.1 76.9
2020 55.3 76.7
2019 54.7 74.2
2018 55.9 75.3
2017 61.1 75.8
2016 59.7 75.2
2015 59.9 74.7
2014 61.2 73
2013 57.2 72.1
2012 57.2 71.5
2011 59.1 71.3
2010 57.4 70.3
2009 59.1 70
2008 58.4 70.9
2007 60.1 71.5
2006 61.4 71.8
2005 59.4 70.5
2004 58.6 72.4
2003 59.6 69.7
2002 60.9 66.1
2001 63.6 65.5
2000 62.6 61.9
1999 62.1 61.5
1998 62 59.4
1997 59.4 57.3
1996 58.6 49.7
1995 63.3 -

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

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

The Economic Freedom Index for Eswatini is 57.5, ranking 116/197, 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

Eswatini Lithuania
Services, % of GDP
52.4%
2025
64.8%
2025
Industry, % of GDP
33.6%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
6.41%
2025
2.27%
2025
GNI, Atlas method
$4.69B
2025
$88.1B
2025
GNI per capita, PPP
$11,390
2025
$55,010
2025
Total reserves including gold
$537M
2024
$7.06B
2025
Total reserves ranking
157/177
2024
90/177
2025
Net foreign direct investment
-$11.8M
2024
-$2.96B
2025
Net inflows of foreign direct investment
$75.5M
2024
$4.7B
2024
Net outflows of foreign direct investment
$63.8M
2024
$795M
2024
Servicing debt to the IMF, % of GNI
4.88%
2024
n/a
Poverty at national poverty lines
58.9%
2016
20.9%
2021
Gross capital formation, % of GDP
15%
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/eswatini/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. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1992, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2025, 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.