Skip to content

Economy of Hungary vs Lithuania compared: GDP & Debt

Updated on by Georank

Hungary has a GDP of $246B compared to $95.2B for Lithuania, ranking 55/197 and 79/197 by economy size, respectively.

Hungary has $185B in government debt (75.2% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Hungary vs Lithuania GDP by year

Hungary
Lithuania
1x
Year GDP, current $
Hungary Lithuania
2025 $246,490,213,513 $95,210,150,818
2024 $222,848,211,034 $85,503,938,574
2023 $213,029,511,029 $80,356,613,555
2022 $177,002,580,544 $70,639,687,326
2021 $183,282,685,440 $67,072,165,721
2020 $158,468,487,754 $57,412,038,533
2019 $164,936,682,034 $55,122,066,226
2018 $161,184,691,014 $54,261,795,149
2017 $143,335,098,992 $47,756,764,508
2016 $128,983,560,865 $42,970,749,245
2015 $125,244,126,623 $41,540,954,817
2014 $141,128,696,412 $48,306,546,657
2013 $135,646,053,779 $46,303,660,422
2012 $128,470,269,690 $42,709,372,067
2011 $141,712,804,954 $43,186,501,863
2010 $131,898,737,241 $36,638,128,534
2009 $130,807,441,076 $37,494,380,039
2008 $158,228,265,916 $47,831,254,208
2007 $140,123,326,896 $39,729,151,615
2006 $115,604,111,412 $30,116,192,747
2005 $113,098,237,571 $26,105,207,115
2004 $104,015,363,080 $22,743,164,431
2003 $85,190,469,121 $18,809,197,970
2002 $67,636,468,625 $14,282,292,665
2001 $53,800,068,066 $12,260,761,329
2000 $47,275,954,429 $11,550,695,727
1999 $49,160,204,397 $11,022,095,814
1998 $48,784,412,624 $11,289,161,847
1997 $47,398,564,799 $10,168,271,903
1996 $46,833,767,124 $8,430,207,164
1995 $46,577,614,589 $7,921,210,340
1994 $43,307,949,890 -
1993 $40,256,233,360 -
1992 $38,857,339,125 -
1991 $34,867,307,353 -
1990 $34,478,360,679 -
1989 $30,422,508,938 -
1988 $29,799,838,597 -
1987 $27,232,016,527 -
1986 $24,778,163,812 -
1985 $21,510,643,750 -
1984 $21,242,726,264 -
1983 $21,910,365,258 -
1982 $24,141,667,188 -
1981 $23,705,883,892 -
1980 $23,116,977,148 -
1979 $19,959,731,325 -
1978 $17,286,744,154 -
1977 $14,783,674,055 -
1976 $13,235,612,079 -
1975 $11,420,392,515 -
1974 $10,016,338,179 -
1973 $9,138,292,402 -
1972 $7,379,313,742 -
1971 $6,291,568,221 -
1970 $5,780,929,203 -
1969 $5,429,812,387 -
1968 $4,886,222,555 -

Data sources: World Bank | Economy & Growth (1968–2025, retrieved 2026-07-08).

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

GDP per capita in Hungary vs Lithuania by year

Hungary
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Hungary Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,907 - $32,959 -
2024 $23,305 $48,552 $29,604 $55,286
2023 $22,209 $46,592 $27,983 $52,348
2022 $18,428 $44,366 $24,947 $50,936
2021 $19,031 $38,887 $23,883 $45,874
2020 $16,387 $35,584 $20,429 $41,263
2019 $17,013 $35,627 $19,609 $40,564
2018 $16,605 $32,258 $19,247 $36,492
2017 $14,736 $29,728 $16,800 $31,305
2016 $13,216 $28,179 $14,934 $28,699
2015 $12,783 $26,938 $14,270 $26,949
2014 $14,353 $25,796 $16,446 $26,275
2013 $13,739 $24,592 $15,637 $24,890
2012 $12,950 $23,205 $14,288 $23,275
2011 $14,211 $22,992 $14,262 $21,558
2010 $13,190 $21,691 $11,829 $18,719
2009 $13,051 $20,691 $11,854 $17,055
2008 $15,763 $20,709 $14,956 $19,410
2007 $13,935 $19,089 $12,295 $17,969
2006 $11,478 $18,362 $9,210 $15,522
2005 $11,212 $17,091 $7,857 $13,951
2004 $10,291 $16,251 $6,735 $12,605
2003 $8,410 $15,460 $5,507 $11,660
2002 $6,658 $14,532 $4,148 $10,296
2001 $5,281 $13,223 $3,533 $9,399
2000 $4,630 $11,872 $3,301 $8,475
1999 $4,802 $10,892 $3,128 $7,918
1998 $4,752 $10,415 $3,181 $7,846
1997 $4,606 $9,846 $2,844 $7,167
1996 $4,542 $9,388 $2,341 $6,479
1995 $4,509 $9,222 $2,183 $6,023
1994 $4,187 $8,888 - $5,667
1993 $3,887 $8,441 - $6,107
1992 $3,747 $8,284 - $7,087
1991 $3,361 $8,352 - $8,790
1990 $3,324 $9,169 - $9,030
1989 $2,902 - - -
1988 $2,812 - - -
1987 $2,566 - - -
1986 $2,331 - - -
1985 $2,020 - - -
1984 $1,991 - - -
1983 $2,050 - - -
1982 $2,255 - - -
1981 $2,213 - - -
1980 $2,158 - - -
1979 $1,865 - - -
1978 $1,618 - - -
1977 $1,388 - - -
1976 $1,249 - - -
1975 $1,083 - - -
1974 $956 - - -
1973 $876 - - -
1972 $710 - - -
1971 $607 - - -
1970 $559 - - -
1969 $527 - - -
1968 $476 - - -

Data sources: World Bank | Economy & Growth (1968–2025, retrieved 2026-07-08).

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

Hungary's GDP per capita is $25,907, ranking 52/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Hungary ranks 48th at $48,552, while Lithuania ranks 39th at $55,286.

Economic indicators

Hungary Lithuania
Gross domestic product
$246B
2025
$95.2B
2025
GDP rank
55/197
2025
79/197
2025
GDP growth
0.51%
2024-2025
2.92%
2024-2025
GDP per capita
$25,907
2025
$32,959
2025
GDP per capita rank
52/197
2025
39/197
2025
GDP per capita, PPP
$48,552
2024
$55,286
2024
GDP per capita PPP rank
48/197
2024
39/197
2024
Government debt
$185B
2025
$37.9B
2025
Debt-to-GDP ratio
75.2%
2025
39.8%
2025
Government debt per person
$19,473
2025
$13,127
2025
Government debt per person rank
33/185
2025
49/185
2025
Average annual personal income after taxes
$18,331
2026
$20,453
2026
Market capitalization of domestic companies
$62.6B
2025
n/a
Number of millionaires
27,000
2026
n/a
Number of billionaires
4
2026
n/a
Income share by richest 10%
24.4%
2022
27.3%
2023
Income share by poorest 10%
2.8%
2022
2.2%
2023
Government expenditure, % of GDP
47.5%
2025
41.2%
2025
Consumer prices inflation
4.41%
2024-2025
3.79%
2024-2025
Central bank interest rate
6.25%
2026
n/a
Unemployment rate
4.4%
2025
6.9%
2025
Population
9454659
2845693

Spending and national debt comparison by year

Hungary
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Hungary Lithuania
Government spending Government debt Government spending Government debt
2025 47.5% 75.2% 41.2% 39.8%
2024 46.9% 73.5% 39.4% 38%
2023 49.3% 73.2% 37.2% 37.1%
2022 48.9% 74.1% 36.6% 38.3%
2021 48.1% 76.2% 37.3% 43.3%
2020 51% 78.7% 42.4% 45.9%
2019 45.8% 65% 34.6% 35.6%
2018 45.9% 68.8% 33.8% 33.3%
2017 46.6% 72% 33.4% 39.1%
2016 46.7% 74.6% 34.5% 39.8%
2015 50.4% 75.7% 35.2% 42.4%
2014 50% 76.5% 35% 40.7%
2013 50.1% 77.2% 35.7% 38.9%
2012 49.2% 78.4% 36.6% 39.9%
2011 49.1% 80.5% 40.1% 37.5%
2010 48.9% 80.2% 43% 36.7%
2009 50.7% 78.2% 44.8% 27.9%
2008 48.8% 71.8% 38.2% 14.6%
2007 49.9% 65.6% 35.3% 15.9%
2006 51.4% 64.5% 34.4% 17.3%
2005 49.4% 60.6% 34.1% 17.6%
2004 48.8% 58.9% 33.9% 18.6%
2003 49.2% 58.2% 32.8% 20.4%
2002 51% 55.6% 34.4% 22.1%
2001 47.2% 52.2% 36.5% 22.9%
2000 47.3% 55.6% 38.7% 23.5%
1999 48.9% 60.3% 42.4% 28%
1998 50.7% 60.4% 39.6% 21.7%
1997 49.5% 62.2% 35.1% -
1996 50.9% 71.2% 34.4% -
1995 55% 83.9% 35.5% -
1994 - 86.2% - -
1993 - 87.2% - -
1992 - 76.5% - -
1991 - 74.2% - -
1990 - 63.7% - -
1989 - 70.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1994, retrieved 2026-07-08).

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

In 2025, Hungary's government spending was $117B, accounting for 47.5% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 75.2% in Hungary and 39.8% in Lithuania, ranking 50/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Hungary

Lithuania
1x
Year Deficit/surplus, % of GDP
Hungary Lithuania
2025 -4.68% -2.18%
2024 -4.9% -1.28%
2023 -6.77% -0.66%
2022 -6.19% -0.72%
2021 -7.11% -1.15%
2020 -7.49% -6.42%
2019 -2.02% 0.41%
2018 -2.05% 0.52%
2017 -2.45% 0.36%
2016 -1.79% 0.03%
2015 -2% -0.77%
2014 -2.77% -1.79%
2013 -2.6% -2.69%
2012 -2.33% -3.15%
2011 -5.22% -5.92%
2010 -4.44% -6.95%
2009 -4.76% -9.09%
2008 -3.78% -3.09%
2007 -5.09% -0.82%
2006 -9.27% -0.27%
2005 -7.79% -0.34%
2004 -6.6% -1.39%
2003 -7.19% -1.26%
2002 -8.79% -1.85%
2001 -4% -3.52%
2000 -3.04% -3.18%
1999 -5.27% -7.82%
1998 -7.41% -4.93%
1997 -5.54% -0.76%
1996 -4.36% -3.58%
1995 -8.57% -3.31%
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 -0.17% -
1942 0.31% -
1941 0.2% -
1940 -0.07% -
1939 0.19% -
1938 -0.11% -
1937 -0.01% -
1936 0.08% -
1935 0.03% -
1934 0.04% -
1933 -0.03% -
1932 -0.22% -
1931 -0.32% -
1930 -0.26% -
1929 0.02% -
1928 0.12% -
1927 0.15% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-07-08).

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

In 2025, Hungary's government deficit, the difference between spending and revenue, was $11.5B, equivalent to 4.68% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, Hungary recorded a fiscal deficit in 31 of those years, while Lithuania ran a deficit in 27 years. On average, Hungary posted an annual deficit equal to 5.04% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Hungary

Lithuania
1x
Year Consumer prices inflation
Hungary Lithuania
2025 4.41% 3.79%
2024 3.7% 0.72%
2023 17.1% 9.12%
2022 14.6% 19.7%
2021 5.11% 4.68%
2020 3.33% 1.2%
2019 3.34% 2.33%
2018 2.85% 2.7%
2017 2.35% 3.72%
2016 0.39% 0.91%
2015 -0.06% -0.88%
2014 -0.23% 0.1%
2013 1.73% 1.05%
2012 5.65% 3.09%
2011 3.93% 4.13%
2010 4.86% 1.32%
2009 4.21% 4.45%
2008 6.04% 10.9%
2007 7.96% 5.74%
2006 3.93% 3.74%
2005 3.56% 2.66%
2004 6.74% 1.16%
2003 4.66% -1.13%
2002 5.27% 0.28%
2001 9.12% 1.37%
2000 9.8% 0.98%
1999 10% 0.73%
1998 14.2% 5.07%
1997 18.3% 8.88%

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

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

Over the past 29 years, Hungary has recorded an average annual inflation rate of 6.1%, compared with 3.54% in Lithuania. In 2025, inflation was 4.41% in Hungary and 3.79% in Lithuania.

Top exports between countries

Hungary
Export category Export value
Machinery & equipment $142M
Chemicals & pharma $102M
Transport & tourism services $64.1M
Processed food, beverages & tobacco $49.1M
Textiles & consumer goods $10.9M
Raw materials & minerals $10.8M
Raw agricultural goods $8.77M
Metals $8.03M
Miscellaneous $6.49M
Wood & paper products $6.26M
Lithuania
Export category Export value
Chemicals & pharma $117M
Machinery & equipment $107M
Business & finance services $87.9M
Transport & tourism services $78.8M
Processed food, beverages & tobacco $33.9M
Metals $23M
Raw materials & minerals $16.4M
Textiles & consumer goods $15.9M
Manufacturing & construction services $13.7M
Precious metals & jewellery $11.2M

Balance of trade

Hungary Lithuania
Current account balance
$4.08B
2025
$900M
2025
Current account balance ranking
34/190
2025
51/190
2025
Current account balance, % of GDP
+1.65%
2025
+0.94%
2025
Goods imports
$139B
2025
$48.3B
2025
Goods exports
$136B
2025
$40.7B
2025
Service imports
$29.8B
2025
$17.5B
2025
Service exports
$43.1B
2025
$28.8B
2025
Imports of goods and services, % of GDP
68.1%
2025
69.1%
2025
Exports of goods and services, % of GDP
72.6%
2025
73%
2025

Economic freedom indices

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

Hungary Lithuania
Economic freedom 62.5 75.3
Economic freedom ranking 86/197 18/197
Property rights 67.3 91.8
Government integrity 44 71.4
Judicial effectiveness 61.9 73.2
Tax burden 85.1 76.2
Government spending 30.2 57.3
Fiscal health 32.7 95.8
Business freedom 70.8 84.2
Labor freedom 56.5 58.1
Monetary freedom 72.1 76.7
Trade freedom 79.4 79.4
Investment freedom 80 70
Financial freedom 70 70

Economic freedom comparison by year

Hungary
Lithuania
1x
Year Economic freedom index
Hungary Lithuania
2026 62.5 75.3
2025 61.4 74.6
2024 61.2 72.9
2023 64.1 72.2
2022 66.9 75.8
2021 67.2 76.9
2020 66.4 76.7
2019 65 74.2
2018 66.7 75.3
2017 65.8 75.8
2016 66 75.2
2015 66.8 74.7
2014 67 73
2013 67.3 72.1
2012 67.1 71.5
2011 66.6 71.3
2010 66.1 70.3
2009 66.8 70
2008 67.6 70.9
2007 64.8 71.5
2006 65 71.8
2005 63.5 70.5
2004 62.7 72.4
2003 63 69.7
2002 64.5 66.1
2001 65.6 65.5
2000 64.4 61.9
1999 59.6 61.5
1998 56.9 59.4
1997 55.3 57.3
1996 56.8 49.7
1995 55.2 -

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

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

The Economic Freedom Index for Hungary is 62.5, ranking 86/197, 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

Hungary Lithuania
Services, % of GDP
60.1%
2025
64.8%
2025
Industry, % of GDP
23%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
2.65%
2025
2.27%
2025
GNI, Atlas method
$227B
2025
$88.1B
2025
GNI per capita, PPP
$48,630
2025
$55,010
2025
Total reserves including gold
$59.1B
2025
$7.06B
2025
Total reserves ranking
42/177
2025
90/177
2025
Net foreign direct investment
$9.1B
2025
-$2.96B
2025
Net inflows of foreign direct investment
-$61.3B
2024
$4.7B
2024
Net outflows of foreign direct investment
-$76.3B
2024
$795M
2024
Poverty at national poverty lines
12.1%
2021
20.9%
2021
Gross capital formation, % of GDP
22.2%
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/hungary/lithuania | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1968–2025, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1994, retrieved 2026-07-08)
  6. TradeMap (2024–2025, 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.

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.