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Economy of Gabon vs Lithuania compared: GDP & Debt

Updated on by Georank team

Gabon has a GDP of $20.9B compared to $84.9B for Lithuania, ranking 127/197 and 79/197 by economy size, respectively.

Gabon has $15.2B in government debt (72.7% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Gabon vs Lithuania GDP by year

Gabon
Lithuania
1x
Year GDP, current $
Gabon Lithuania
2024 $20,895,684,426 $84,869,215,513
2023 $19,388,372,071 $79,789,877,416
2022 $20,440,655,695 $71,033,884,500
2021 $19,444,935,097 $67,037,321,009
2020 $15,342,236,164 $57,412,038,533
2019 $16,874,405,465 $55,122,066,226
2018 $16,867,326,402 $54,261,795,149
2017 $14,929,487,485 $47,756,764,508
2016 $14,023,890,265 $42,970,749,245
2015 $14,383,107,763 $41,540,954,817
2014 $18,203,966,896 $48,306,546,657
2013 $17,595,744,798 $46,303,660,422
2012 $17,170,464,016 $42,709,372,067
2011 $18,210,307,744 $43,186,501,863
2010 $14,372,593,020 $36,638,128,534
2009 $12,113,699,068 $37,494,380,039
2008 $15,571,348,344 $47,831,254,208
2007 $12,455,409,587 $39,729,151,615
2006 $10,327,598,306 $30,116,192,747
2005 $9,582,783,991 $26,105,207,115
2004 $7,770,219,008 $22,743,164,431
2003 $6,511,903,365 $18,809,197,970
2002 $5,335,451,100 $14,282,292,665
2001 $5,023,265,413 $12,260,761,329
2000 $5,080,483,629 $11,550,695,727
1999 $4,662,992,036 $11,022,095,814
1998 $4,483,417,310 $11,289,161,847
1997 $5,326,817,115 $10,168,271,903
1996 $5,694,040,003 $8,430,207,164
1995 $4,958,845,648 $7,921,210,340
1994 $4,190,819,344 -
1993 $4,378,645,081 -
1992 $5,592,390,827 -
1991 $5,402,919,785 -
1990 $5,952,293,765 -
1989 $4,186,411,464 -
1988 $3,834,503,376 -
1987 $3,281,797,043 -
1986 $3,403,638,189 -
1985 $3,339,914,757 -
1984 $3,561,451,561 -
1983 $3,391,275,732 -
1982 $3,618,007,841 -
1981 $3,862,269,121 -
1980 $4,279,637,942 -
1979 $3,030,251,120 -
1978 $2,389,479,272 -
1977 $2,809,349,069 -
1976 $3,009,409,974 -
1975 $2,157,592,940 -
1974 $1,544,216,002 -
1973 $722,780,701 -
1972 $430,508,359 -
1971 $381,687,073 -
1970 $323,802,476 -
1969 $318,124,701 -
1968 $294,468,564 -
1967 $271,543,680 -
1966 $245,849,781 -
1965 $226,474,286 -
1964 $215,679,855 -
1963 $154,480,244 -
1962 $182,796,536 -
1961 $167,637,907 -
1960 $141,468,978 -

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

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

GDP per capita in Gabon vs Lithuania by year

Gabon
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gabon Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,230 $21,510 $29,384 $55,286
2023 $7,803 $20,756 $27,786 $52,348
2022 $8,409 $19,993 $25,086 $50,936
2021 $8,181 $18,524 $23,870 $45,874
2020 $6,606 $14,477 $20,429 $41,263
2019 $7,441 $15,950 $19,609 $40,564
2018 $7,624 $15,432 $19,247 $36,492
2017 $6,922 $14,797 $16,800 $31,305
2016 $6,677 $13,998 $14,934 $28,699
2015 $7,047 $14,306 $14,270 $26,949
2014 $9,201 $14,854 $16,446 $26,275
2013 $9,198 $14,498 $15,637 $24,890
2012 $9,297 $14,620 $14,288 $23,275
2011 $10,219 $14,784 $14,262 $21,558
2010 $8,357 $14,015 $11,829 $18,719
2009 $7,291 $13,384 $11,854 $17,055
2008 $9,689 $13,734 $14,956 $19,410
2007 $8,004 $14,391 $12,295 $17,969
2006 $6,847 $13,637 $9,210 $15,522
2005 $6,548 $14,028 $7,857 $13,951
2004 $5,466 $13,638 $6,735 $12,605
2003 $4,711 $13,564 $5,507 $11,660
2002 $3,966 $13,369 $4,148 $10,296
2001 $3,836 $13,556 $3,533 $9,399
2000 $3,983 $13,326 $3,301 $8,475
1999 $3,751 $13,629 $3,128 $7,918
1998 $3,700 $15,138 $3,181 $7,846
1997 $4,509 $14,837 $2,844 $7,167
1996 $4,943 $14,147 $2,341 $6,479
1995 $4,415 $13,750 $2,183 $6,023
1994 $3,828 $13,164 - $5,667
1993 $4,106 $12,757 - $6,107
1992 $5,386 $12,312 - $7,087
1991 $5,345 $12,760 - $8,790
1990 $6,051 $11,952 - $9,030
1989 $4,374 - - -
1988 $4,119 - - -
1987 $3,624 - - -
1986 $3,865 - - -
1985 $3,898 - - -
1984 $4,273 - - -
1983 $4,182 - - -
1982 $4,584 - - -
1981 $5,026 - - -
1980 $5,718 - - -
1979 $4,155 - - -
1978 $3,360 - - -
1977 $4,048 - - -
1976 $4,441 - - -
1975 $3,258 - - -
1974 $2,384 - - -
1973 $1,140 - - -
1972 $693 - - -
1971 $627 - - -
1970 $543 - - -
1969 $545 - - -
1968 $515 - - -
1967 $482 - - -
1966 $443 - - -
1965 $415 - - -
1964 $400 - - -
1963 $290.7 - - -
1962 $348 - - -
1961 $323 - - -
1960 $276.1 - - -

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

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

Gabon's GDP per capita is $8,230, ranking 93/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Gabon ranks 90th at $21,510, while Lithuania ranks 39th at $55,286.

Economic indicators

Gabon Lithuania
Gross domestic product
$20.9B
2024
$84.9B
2024
GDP rank
127/197
2024
79/197
2024
GDP growth
3.39%
2023-2024
2.77%
2023-2024
GDP per capita
$8,230
2024
$29,384
2024
GDP per capita rank
93/197
2024
43/197
2024
GDP per capita, PPP
$21,510
2024
$55,286
2024
GDP per capita PPP rank
90/197
2024
39/197
2024
Government debt
$15.2B
2024
$32.4B
2024
Debt-to-GDP ratio
72.7%
2024
38.2%
2024
Government debt per person
$5,985
2024
$11,232
2024
Government debt per person rank
75/185
2024
49/185
2024
Average annual personal income after taxes
$5,368
2026
$19,946
2026
Income share by richest 10%
27.7%
2017
27.3%
2023
Income share by poorest 10%
2.2%
2017
2.2%
2023
Government expenditure, % of GDP
24.8%
2024
39.5%
2024
Consumer prices inflation
1.17%
2023-2024
0.72%
2023-2024
Unemployment rate
20.4%
2010
7.1%
2024
Population
2663339
2829914

Spending and national debt comparison by year

Gabon
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Gabon Lithuania
Government spending Government debt Government spending Government debt
2024 24.8% 72.7% 39.5% 38.2%
2023 21.5% 70.6% 37.4% 37.3%
2022 19.7% 65.6% 36.3% 38.1%
2021 17.3% 72.9% 37.3% 43.3%
2020 19.8% 83% 42.4% 45.9%
2019 17.4% 59.8% 34.6% 35.6%
2018 17.1% 62.3% 33.8% 33.3%
2017 18.1% 62.9% 33.4% 39.3%
2016 21.8% 64.5% 34.5% 40%
2015 22.3% 44.7% 35.2% 42.6%
2014 23.8% 34.1% 35% 40.7%
2013 34.7% 31.1% 35.7% 38.9%
2012 23.9% 21.4% 36.6% 39.9%
2011 22.1% 21.4% 40.1% 37.5%
2010 23.1% 21.3% 43% 36.7%
2009 22.6% 26% 44.8% 27.9%
2008 18.9% 20.1% 38.2% 14.6%
2007 19.4% 39.2% 35.3% 15.9%
2006 21.1% 34.9% 34.4% 17.3%
2005 20.8% 41.7% 34.1% 17.6%
2004 20.9% 60.3% 33.9% 18.6%
2003 21.2% 70.2% 32.8% 20.4%
2002 25.7% 81.1% 34.4% 22.1%
2001 27.8% 81% 36.5% 22.9%
2000 20.3% 72.5% 38.7% 23.5%
1999 25.5% 73.1% 42.4% 28%
1998 45.5% 87.6% 39.6% 21.7%
1997 29.7% 57% 35% -
1996 22.2% 64.5% 34.4% -
1995 25.1% 73.4% 35.5% -
1994 23.9% 71.3% - -
1993 26.9% 90.1% - -
1992 26.5% 87.9% - -
1991 25.1% 89.3% - -
1990 22.6% 90% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Gabon's government spending was $5.18B, accounting for 24.8% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 72.7% in Gabon and 38.2% in Lithuania, ranking 51/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Gabon

Lithuania
1x
Year Deficit/surplus, % of GDP
Gabon Lithuania
2024 -3.84% -1.28%
2023 1.79% -0.69%
2022 -0.89% -0.72%
2021 -1.93% -1.15%
2020 -2.19% -6.42%
2019 2.13% 0.41%
2018 -0.21% 0.52%
2017 -1.7% 0.36%
2016 -4.71% 0.03%
2015 -1.12% -0.77%
2014 5.98% -1.79%
2013 -3.07% -2.69%
2012 6.2% -3.15%
2011 1.41% -5.92%
2010 2.7% -6.95%
2009 6.77% -9.09%
2008 11% -3.09%
2007 8.06% -0.82%
2006 8.67% -0.27%
2005 7.98% -0.34%
2004 6.99% -1.39%
2003 7.75% -1.26%
2002 3.72% -1.85%
2001 4.07% -3.52%
2000 11.1% -3.18%
1999 1.11% -7.82%
1998 -13.1% -4.93%
1997 1.41% -0.76%
1996 2.12% -3.59%
1995 2.64% -3.31%
1994 -1.53% -
1993 -5.35% -
1992 -4.9% -
1991 -2.03% -
1990 -3.83% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Gabon's government deficit, the difference between spending and revenue, was $802M, equivalent to 3.84% of GDP. This compares to Lithuania's deficit of $1.09B, or 1.28% of GDP.

Over the past 30 years, Gabon recorded a fiscal deficit in 10 of those years, while Lithuania ran a deficit in 26 years. On average, Gabon posted an annual surplus equal to 2.36% of GDP, compared to deficit of 2.51% of GDP for Lithuania.

Inflation comparison by year

Inflation
Gabon

Lithuania
1x
Year Consumer prices inflation
Gabon Lithuania
2024 1.17% 0.72%
2023 3.63% 9.12%
2022 4.23% 19.7%
2021 1.09% 4.68%
2020 1.35% 1.2%
2019 2.46% 2.33%
2018 4.75% 2.7%
2017 2.65% 3.72%
2016 2.11% 0.91%
2015 -0.34% -0.88%
2014 4.69% 0.1%
2013 0.51% 1.05%
2012 2.65% 3.09%
2011 1.26% 4.13%
2010 1.46% 1.32%
2009 1.89% 4.45%
2008 5.26% 10.9%
2007 5.03% 5.74%
2006 -1.41% 3.74%
2005 3.71% 2.66%
2004 0.41% 1.16%
2003 2.24% -1.13%
2002 0.04% 0.28%
2001 2.14% 1.37%
2000 0.5% 0.98%
1999 -1.94% 0.73%
1998 1.45% 5.07%
1997 3.97% 8.88%

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

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

Over the past 28 years, Gabon has recorded an average annual inflation rate of 2.03%, compared with 3.53% in Lithuania. In 2024, inflation was 1.17% in Gabon and 0.72% in Lithuania.

Top exports between countries

Gabon
Export category Export value
Wood & paper products $177K
Machinery & equipment $36K
Lithuania
Export category Export value
Raw agricultural goods $3.07M
Chemicals & pharma $360K
Animal & marine products $199K
Machinery & equipment $76K
Textiles & consumer goods $62K
Processed food, beverages & tobacco $34K
Metals $3K

Balance of trade

Gabon Lithuania
Current account balance
$141M
2015
$2.77B
2024
Current account balance ranking
66/190
2015
41/190
2024
Current account balance, % of GDP
+0.98%
2015
+3.27%
2024
Goods imports
$3.17B
2015
$43.8B
2024
Goods exports
$5.11B
2015
$38.9B
2024
Service imports
$1.88B
2015
$14.7B
2024
Service exports
$277M
2015
$24.3B
2024
Imports of goods and services, % of GDP
27.5%
2024
68.9%
2024
Exports of goods and services, % of GDP
64.6%
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.

Gabon Lithuania
Economic freedom 56.6 75.3
Economic freedom ranking 120/197 18/197
Property rights 30 91.8
Government integrity 22.6 71.4
Judicial effectiveness 19.9 73.2
Tax burden 76.5 76.2
Government spending 85.5 57.3
Fiscal health 87.9 95.8
Business freedom 63.6 84.2
Labor freedom 55.4 58.1
Monetary freedom 80.9 76.7
Trade freedom 57.4 79.4
Investment freedom 60 70
Financial freedom 40 70

Economic freedom comparison by year

Gabon
Lithuania
1x
Year Economic freedom index
Gabon Lithuania
2026 56.6 75.3
2025 56.3 74.6
2024 56.9 72.9
2023 56.1 72.2
2022 55.8 75.8
2021 58.1 76.9
2020 56.7 76.7
2019 56.3 74.2
2018 58 75.3
2017 58.6 75.8
2016 59 75.2
2015 58.3 74.7
2014 57.8 73
2013 57.8 72.1
2012 56.4 71.5
2011 56.7 71.3
2010 55.4 70.3
2009 55 70
2008 54.2 70.9
2007 54.8 71.5
2006 56.1 71.8
2005 54.8 70.5
2004 57.1 72.4
2003 58.7 69.7
2002 58 66.1
2001 55 65.5
2000 58.2 61.9
1999 60.5 61.5
1998 59.2 59.4
1997 58.8 57.3
1996 55.7 49.7
1995 57.5 -

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

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

The Economic Freedom Index for Gabon is 56.6, ranking 120/197, 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

Gabon Lithuania
Services, % of GDP
36.8%
2024
63.6%
2024
Industry, % of GDP
52.9%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
6.56%
2024
2.57%
2024
GNI, Atlas method
$19.8B
2024
$78.4B
2024
GNI per capita, PPP
$20,400
2024
$53,920
2024
Total reserves including gold
$1.45B
2023
$7.41B
2024
Total reserves ranking
136/177
2023
86/177
2024
Net foreign direct investment
-$25.3M
2015
-$3.91B
2024
Net inflows of foreign direct investment
$1.14B
2024
$4.7B
2024
Net outflows of foreign direct investment
-$33.8M
2019
$795M
2024
Servicing debt to the IMF, % of GNI
5.67%
2024
n/a
Poverty at national poverty lines
33.4%
2017
20.9%
2021
Gross capital formation, % of GDP
19.1%
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/gabon/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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.