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Economy of Guinea vs Lithuania compared: GDP & Debt

Updated on by Georank

Guinea has a GDP of $28.3B compared to $95.2B for Lithuania, ranking 117/197 and 79/197 by economy size, respectively.

Guinea has $13.6B in government debt (48.1% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Guinea vs Lithuania GDP by year

Guinea
Lithuania
1x
Year GDP, current $
Guinea Lithuania
2025 $28,346,024,753 $95,210,150,818
2024 $25,008,678,293 $85,503,938,574
2023 $22,407,615,556 $80,356,613,555
2022 $19,910,452,542 $70,639,687,326
2021 $17,069,115,738 $67,072,165,721
2020 $14,088,693,743 $57,412,038,533
2019 $13,442,861,496 $55,122,066,226
2018 $11,857,030,367 $54,261,795,149
2017 $10,324,668,271 $47,756,764,508
2016 $8,595,955,222 $42,970,749,245
2015 $8,794,201,743 $41,540,954,817
2014 $8,778,473,373 $48,306,546,657
2013 $8,376,613,539 $46,303,660,422
2012 $7,638,044,557 $42,709,372,067
2011 $6,785,137,203 $43,186,501,863
2010 $6,853,467,146 $36,638,128,534
2009 $6,716,905,340 $37,494,380,039
2008 $6,964,179,983 $47,831,254,208
2007 $6,281,918,226 $39,729,151,615
2006 $4,220,019,845 $30,116,192,747
2005 $4,282,468,637 $26,105,207,115
2004 $5,300,767,961 $22,743,164,431
2003 $5,025,167,975 $18,809,197,970
2002 $4,301,608,753 $14,282,292,665
2001 $4,125,527,603 $12,260,761,329
2000 $4,367,458,867 $11,550,695,727
1999 $5,046,806,783 $11,022,095,814
1998 $5,232,118,046 $11,289,161,847
1997 $5,516,916,163 $10,168,271,903
1996 $5,641,243,100 $8,430,207,164
1995 $5,385,704,166 $7,921,210,340
1994 $4,932,800,407 -
1993 $4,781,166,117 -
1992 $4,789,220,417 -
1991 $4,396,178,694 -
1990 $3,888,320,666 -
1989 $3,546,079,263 -
1988 $3,476,480,303 -
1987 $2,976,714,019 -
1986 $2,909,130,355 -
1985 $22,787,644,566 -
1984 $18,421,497,251 -
1983 $15,129,893,722 -
1982 $11,926,032,493 -
1981 $9,646,440,667 -
1980 $9,746,524,915 -
1979 $8,877,094,497 -
1978 $8,087,305,999 -
1977 $6,914,381,291 -
1976 $6,762,781,871 -
1975 $6,102,769,605 -
1974 $5,691,417,541 -
1973 $5,152,080,388 -
1972 $4,203,069,035 -
1971 $3,594,302,908 -
1970 $3,220,224,608 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Guinea vs Lithuania by year

Guinea
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,877 - $32,959 -
2024 $1,695 $4,565 $29,604 $55,286
2023 $1,555 $4,334 $27,983 $52,348
2022 $1,417 $4,062 $24,947 $50,936
2021 $1,245 $3,739 $23,883 $45,874
2020 $1,054 $3,332 $20,429 $41,263
2019 $1,031 $3,106 $19,609 $40,564
2018 $933 $2,844 $19,247 $36,492
2017 $834 $2,687 $16,800 $31,305
2016 $712 $2,255 $14,934 $28,699
2015 $747 $1,930 $14,270 $26,949
2014 $765 $1,873 $16,446 $26,275
2013 $748 $1,842 $15,637 $24,890
2012 $699 $1,790 $14,288 $23,275
2011 $637 $1,705 $14,262 $21,558
2010 $659 $1,622 $11,829 $18,719
2009 $662 $1,567 $11,854 $17,055
2008 $704 $1,614 $14,956 $19,410
2007 $650 $1,558 $12,295 $17,969
2006 $447 $1,453 $9,210 $15,522
2005 $463 $1,422 $7,857 $13,951
2004 $585 $1,366 $6,735 $12,605
2003 $566 $1,328 $5,507 $11,660
2002 $496 $1,315 $4,148 $10,296
2001 $483 $1,251 $3,533 $9,399
2000 $518 $1,196 $3,301 $8,475
1999 $611 $1,163 $3,128 $7,918
1998 $647 $1,130 $3,181 $7,846
1997 $696 $1,099 $2,844 $7,167
1996 $726 $1,048 $2,341 $6,479
1995 $713 $1,014 $2,183 $6,023
1994 $672 $976 - $5,667
1993 $671 $947 - $6,107
1992 $693 $908 - $7,087
1991 $656 $887 - $8,790
1990 $604 $871 - $9,030
1989 $570 - - -
1988 $574 - - -
1987 $505 - - -
1986 $506 - - -
1985 $4,062 - - -
1984 $3,362 - - -
1983 $2,823 - - -
1982 $2,273 - - -
1981 $1,876 - - -
1980 $1,931 - - -
1979 $1,790 - - -
1978 $1,658 - - -
1977 $1,440 - - -
1976 $1,431 - - -
1975 $1,311 - - -
1974 $1,243 - - -
1973 $1,143 - - -
1972 $948 - - -
1971 $825 - - -
1970 $753 - - -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Guinea's GDP per capita is $1,877, ranking 161/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Lithuania ranks 39th at $55,286.

Economic indicators

Guinea Lithuania
Gross domestic product
$28.3B
2025
$95.2B
2025
GDP rank
117/197
2025
79/197
2025
GDP growth
7.45%
2024-2025
2.92%
2024-2025
GDP per capita
$1,877
2025
$32,959
2025
GDP per capita rank
161/197
2025
39/197
2025
GDP per capita, PPP
$4,565
2024
$55,286
2024
GDP per capita PPP rank
161/197
2024
39/197
2024
Government debt
$13.6B
2025
$37.9B
2025
Debt-to-GDP ratio
48.1%
2025
39.8%
2025
Government debt per person
$902
2025
$13,127
2025
Government debt per person rank
146/185
2025
49/185
2025
Average annual personal income after taxes
$1,966
2026
$20,453
2026
Income share by richest 10%
23.1%
2018
27.3%
2023
Income share by poorest 10%
3.5%
2018
2.2%
2023
Government expenditure, % of GDP
25.2%
2025
41.2%
2025
Consumer prices inflation
3.1%
2024-2025
3.79%
2024-2025
Unemployment rate
5.02%
2019
6.9%
2025
Population
15624314
2845693

Spending and national debt comparison by year

Guinea
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Guinea Lithuania
Government spending Government debt Government spending Government debt
2025 25.2% 48.1% 41.2% 39.8%
2024 20.6% 48.3% 39.4% 38%
2023 18.3% 39.8% 37.2% 37.1%
2022 15.7% 37.2% 36.6% 38.3%
2021 15.1% 40.6% 37.3% 43.3%
2020 17.1% 45.3% 42.4% 45.9%
2019 14.9% 37.3% 34.6% 35.6%
2018 15.9% 37.5% 33.8% 33.3%
2017 17.3% 39.9% 33.4% 39.1%
2016 16.1% 40.6% 34.5% 39.8%
2015 21.7% 41.5% 35.2% 42.4%
2014 20.1% 32.1% 35% 40.7%
2013 18.6% 30.5% 35.7% 38.9%
2012 19.6% 26.9% 36.6% 39.9%
2011 16% 53.8% 40.1% 37.5%
2010 20.5% 71.1% 43% 36.7%
2009 16.2% 61.3% 44.8% 27.9%
2008 10.1% 58.5% 38.2% 14.6%
2007 8.66% 60.8% 35.3% 15.9%
2006 13.2% 95.2% 34.4% 17.3%
2005 11% 97.9% 34.1% 17.6%
2004 13% 86.9% 33.9% 18.6%
2003 14.7% 81.6% 32.8% 20.4%
2002 14.4% 82.6% 34.4% 22.1%
2001 14.9% 90.4% 36.5% 22.9%
2000 12.6% 91.5% 38.7% 23.5%
1999 11.6% 92.3% 42.4% 28%
1998 10.3% 75.9% 39.6% 21.7%
1997 12.6% 67.9% 35.1% -
1996 12% 67.7% 34.4% -
1995 12.7% 66.5% 35.5% -
1994 12.6% 71.3% - -
1993 13.3% 68.9% - -
1992 13.8% 62% - -
1991 16.3% 70.9% - -
1990 18.7% 71.6% - -

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

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

In 2025, Guinea's government spending was $7.13B, accounting for 25.2% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 48.1% in Guinea and 39.8% in Lithuania, ranking 111/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Lithuania
1x
Year Deficit/surplus, % of GDP
Guinea Lithuania
2025 -7% -2.18%
2024 -4.99% -1.28%
2023 -3.86% -0.66%
2022 -1.88% -0.72%
2021 -1.7% -1.15%
2020 -3.08% -6.42%
2019 -0.17% 0.41%
2018 -0.97% 0.52%
2017 -1.98% 0.36%
2016 -0.08% 0.03%
2015 -6.53% -0.77%
2014 -3.01% -1.79%
2013 -3.86% -2.69%
2012 23.7% -3.15%
2011 -0.92% -5.92%
2010 -9.66% -6.95%
2009 -4.87% -9.09%
2008 0.38% -3.09%
2007 1.28% -0.82%
2006 -2.13% -0.27%
2005 -1.06% -0.34%
2004 -3.85% -1.39%
2003 -4.65% -1.26%
2002 -3.37% -1.85%
2001 -3.23% -3.52%
2000 -2.42% -3.18%
1999 -1.3% -7.82%
1998 2.46% -4.93%
1997 0.07% -0.76%
1996 -2.2% -3.58%
1995 -1.07% -3.31%
1994 -2.59% -
1993 -2.33% -
1992 -0.89% -
1991 -3.25% -
1990 -3.76% -

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

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

In 2025, Guinea's government deficit, the difference between spending and revenue, was $1.98B, equivalent to 7% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, Guinea recorded a fiscal deficit in 26 of those years, while Lithuania ran a deficit in 27 years. On average, Guinea posted an annual deficit equal to 1.68% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Guinea

Lithuania
1x
Year Consumer prices inflation
Guinea Lithuania
2025 3.1% 3.79%
2024 4.5% 0.72%
2023 5.4% 9.12%
2022 10.5% 19.7%
2021 12.6% 4.68%
2020 10.6% 1.2%
2019 9.5% 2.33%
2018 9.8% 2.7%
2017 8.9% 3.72%
2016 8.2% 0.91%
2015 8.2% -0.88%
2014 9.7% 0.1%
2013 11.9% 1.05%
2012 15.2% 3.09%
2011 21.4% 4.13%
2010 15.5% 1.32%
2009 4.7% 4.45%
2008 18.4% 10.9%
2007 22.9% 5.74%
2006 34.7% 3.74%
2005 31.4% 2.66%
2004 17.5% 1.16%
2003 11% -1.13%
2002 3% 0.28%
2001 5.4% 1.37%
2000 6.8% 0.98%
1999 4.6% 0.73%
1998 5.1% 5.07%
1997 1.9% 8.88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Guinea has recorded an average annual inflation rate of 11.5%, compared with 3.54% in Lithuania. In 2025, inflation was 3.1% in Guinea and 3.79% in Lithuania.

Top exports between countries

Guinea
Export category Export value
Raw agricultural goods $1.31M
Lithuania
Export category Export value
Raw agricultural goods $9.5M
Raw materials & minerals $2.64M
Animal & marine products $386K
Machinery & equipment $341K
Processed food, beverages & tobacco $59K
Metals $27K
Textiles & consumer goods $25K
Wood & paper products $18K
Chemicals & pharma $2K

Balance of trade

Guinea Lithuania
Current account balance
-$392M
2024
$900M
2025
Current account balance ranking
101/190
2024
51/190
2025
Current account balance, % of GDP
-1.57%
2024
+0.94%
2025
Goods imports
$7.08B
2024
$48.3B
2025
Goods exports
$11.6B
2024
$40.7B
2025
Service imports
$3.15B
2024
$17.5B
2025
Service exports
$71.2M
2024
$28.8B
2025
Imports of goods and services, % of GDP
62.3%
2025
69.1%
2025
Exports of goods and services, % of GDP
41.4%
2025
73%
2025

Economic freedom indices

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

Guinea Lithuania
Economic freedom 53.1 75.3
Economic freedom ranking 141/197 18/197
Property rights 21.3 91.8
Government integrity 26.7 71.4
Judicial effectiveness 26 73.2
Tax burden 70.1 76.2
Government spending 90.1 57.3
Fiscal health 74.8 95.8
Business freedom 44.8 84.2
Labor freedom 56.4 58.1
Monetary freedom 75.3 76.7
Trade freedom 61.8 79.4
Investment freedom 50 70
Financial freedom 40 70

Economic freedom comparison by year

Guinea
Lithuania
1x
Year Economic freedom index
Guinea Lithuania
2026 53.1 75.3
2025 54.6 74.6
2024 53.3 72.9
2023 53.2 72.2
2022 54.2 75.8
2021 56.5 76.9
2020 56.5 76.7
2019 55.7 74.2
2018 52.2 75.3
2017 47.6 75.8
2016 53.3 75.2
2015 52.1 74.7
2014 53.5 73
2013 51.2 72.1
2012 50.8 71.5
2011 51.7 71.3
2010 51.8 70.3
2009 51 70
2008 52.8 70.9
2007 54.5 71.5
2006 52.8 71.8
2005 57.4 70.5
2004 56.1 72.4
2003 54.6 69.7
2002 52.9 66.1
2001 58.4 65.5
2000 58.2 61.9
1999 59.4 61.5
1998 61 59.4
1997 52.9 57.3
1996 58.5 49.7
1995 59.4 -

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

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

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, 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

Guinea Lithuania
Services, % of GDP
35.7%
2025
64.8%
2025
Industry, % of GDP
25.4%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
31.3%
2025
2.27%
2025
GNI, Atlas method
$26.2B
2025
$88.1B
2025
GNI per capita, PPP
$4,730
2025
$55,010
2025
Total reserves including gold
$1.35B
2024
$7.06B
2025
Total reserves ranking
137/177
2024
90/177
2025
Net foreign direct investment
-$1.4B
2024
-$2.96B
2025
Net inflows of foreign direct investment
$1.4B
2024
$4.7B
2024
Net outflows of foreign direct investment
$30K
2024
$795M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
n/a
Poverty at national poverty lines
47%
2020
20.9%
2021
Gross capital formation, % of GDP
37%
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/guinea/lithuania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2016–2025, 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.