Skip to content

Economy of Indonesia vs Lithuania compared: GDP & Debt

Updated on by Georank team

Indonesia has a GDP of $1.4T compared to $84.9B for Lithuania, ranking 16/197 and 79/197 by economy size, respectively.

Indonesia has $561B in government debt (40.2% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Indonesia vs Lithuania GDP by year

Indonesia
Lithuania
1x
Year GDP, current $
Indonesia Lithuania
2024 $1,396,300,098,191 $84,869,215,513
2023 $1,371,169,301,564 $79,789,877,416
2022 $1,319,101,183,380 $71,033,884,500
2021 $1,186,509,691,087 $67,037,321,009
2020 $1,059,054,842,698 $57,412,038,533
2019 $1,119,099,871,350 $55,122,066,226
2018 $1,042,271,532,989 $54,261,795,149
2017 $1,015,618,744,160 $47,756,764,508
2016 $931,877,364,038 $42,970,749,245
2015 $860,854,232,686 $41,540,954,817
2014 $890,814,755,534 $48,306,546,657
2013 $912,524,136,718 $46,303,660,422
2012 $917,869,913,333 $42,709,372,067
2011 $892,969,104,563 $43,186,501,863
2010 $755,094,157,622 $36,638,128,534
2009 $539,580,085,612 $37,494,380,039
2008 $510,228,634,992 $47,831,254,208
2007 $432,216,737,775 $39,729,151,615
2006 $364,570,515,618 $30,116,192,747
2005 $285,868,619,196 $26,105,207,115
2004 $256,836,875,295 $22,743,164,431
2003 $234,772,463,824 $18,809,197,970
2002 $195,660,611,165 $14,282,292,665
2001 $160,446,947,785 $12,260,761,329
2000 $165,021,012,078 $11,550,695,727
1999 $140,001,351,215 $11,022,095,814
1998 $95,445,547,873 $11,289,161,847
1997 $215,748,998,610 $10,168,271,903
1996 $227,369,679,375 $8,430,207,164
1995 $202,132,028,723 $7,921,210,340
1994 $176,892,143,932 -
1993 $158,006,700,302 -
1992 $128,026,966,580 -
1991 $116,621,996,217 -
1990 $106,140,727,334 -
1989 $94,451,427,877 -
1988 $84,300,174,486 -
1987 $75,929,617,558 -
1986 $79,954,072,545 -
1985 $85,289,488,375 -
1984 $84,853,700,028 -
1983 $81,052,283,384 -
1982 $90,158,449,295 -
1981 $85,518,233,419 -
1980 $72,482,337,397 -
1979 $51,400,186,343 -
1978 $51,455,719,076 -
1977 $45,808,915,663 -
1976 $37,269,156,627 -
1975 $30,463,855,422 -
1974 $25,802,409,639 -
1973 $16,273,253,012 -
1972 $10,997,590,361 -
1971 $9,333,536,370 -
1970 $9,150,684,932 -
1969 $8,337,423,313 -
1968 $7,076,465,300 -
1967 $5,667,756,628 -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

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

GDP per capita in Indonesia vs Lithuania by year

Indonesia
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Indonesia Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,925 $16,448 $29,384 $55,286
2023 $4,876 $15,416 $27,786 $52,348
2022 $4,731 $14,285 $25,086 $50,936
2021 $4,287 $12,757 $23,870 $45,874
2020 $3,854 $11,729 $20,429 $41,263
2019 $4,107 $11,986 $19,609 $40,564
2018 $3,861 $11,372 $19,247 $36,492
2017 $3,799 $10,688 $16,800 $31,305
2016 $3,521 $10,263 $14,934 $28,699
2015 $3,288 $10,028 $14,270 $26,949
2014 $3,441 $10,065 $16,446 $26,275
2013 $3,567 $9,866 $15,637 $24,890
2012 $3,632 $9,530 $14,288 $23,275
2011 $3,579 $8,937 $14,262 $21,558
2010 $3,066 $8,353 $11,829 $18,719
2009 $2,218 $7,868 $11,854 $17,055
2008 $2,125 $7,569 $14,956 $19,410
2007 $1,823 $7,096 $12,295 $17,969
2006 $1,558 $6,583 $9,210 $15,522
2005 $1,238 $6,134 $7,857 $13,951
2004 $1,127 $5,700 $6,735 $12,605
2003 $1,043 $5,353 $5,507 $11,660
2002 $881 $5,076 $4,148 $10,296
2001 $732 $4,849 $3,533 $9,399
2000 $764 $4,639 $3,301 $8,475
1999 $657 $4,386 $3,128 $7,918
1998 $455 $4,356 $3,181 $7,846
1997 $1,045 $5,037 $2,844 $7,167
1996 $1,119 $4,807 $2,341 $6,479
1995 $1,011 $4,451 $2,183 $6,023
1994 $900 $4,096 - $5,667
1993 $817 $3,793 - $6,107
1992 $674 $3,538 - $7,087
1991 $624 $3,305 - $8,790
1990 $578 $3,044 - $9,030
1989 $524 - - -
1988 $477 - - -
1987 $438 - - -
1986 $470 - - -
1985 $511 - - -
1984 $520 - - -
1983 $508 - - -
1982 $578 - - -
1981 $561 - - -
1980 $487 - - -
1979 $353 - - -
1978 $362 - - -
1977 $331 - - -
1976 $275.7 - - -
1975 $231.1 - - -
1974 $200.7 - - -
1973 $129.9 - - -
1972 $90.1 - - -
1971 $78.5 - - -
1970 $79.1 - - -
1969 $74.1 - - -
1968 $64.7 - - -
1967 $53.2 - - -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

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

Indonesia's GDP per capita is $4,925, ranking 121/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Indonesia ranks 107th at $16,448, while Lithuania ranks 39th at $55,286.

Economic indicators

Indonesia Lithuania
Gross domestic product
$1.4T
2024
$84.9B
2024
GDP rank
16/197
2024
79/197
2024
GDP growth
5.03%
2023-2024
2.77%
2023-2024
GDP per capita
$4,925
2024
$29,384
2024
GDP per capita rank
121/197
2024
43/197
2024
GDP per capita, PPP
$16,448
2024
$55,286
2024
GDP per capita PPP rank
107/197
2024
39/197
2024
Government debt
$561B
2024
$32.4B
2024
Debt-to-GDP ratio
40.2%
2024
38.2%
2024
Government debt per person
$1,978
2024
$11,232
2024
Government debt per person rank
120/185
2024
49/185
2024
Average annual personal income after taxes
$3,371
2026
$19,946
2026
Market capitalization of domestic companies
$758B
2023
n/a
Number of millionaires
178,605
2025
n/a
Number of billionaires
33
2025
n/a
Income share by richest 10%
28.8%
2024
27.3%
2023
Income share by poorest 10%
3.5%
2024
2.2%
2023
Government expenditure, % of GDP
16.8%
2024
39.5%
2024
Consumer prices inflation
2.18%
2023-2024
0.72%
2023-2024
Central bank interest rate
4.75%
2025
n/a
Unemployment rate
3.31%
2023
7.1%
2024
Population
288551776
2829914

Spending and national debt comparison by year

Indonesia
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Indonesia Lithuania
Government spending Government debt Government spending Government debt
2024 16.8% 40.2% 39.5% 38.2%
2023 16.6% 39.6% 37.4% 37.3%
2022 17.3% 40.1% 36.3% 38.1%
2021 18.1% 41.1% 37.3% 43.3%
2020 18.4% 39.7% 42.4% 45.9%
2019 16.4% 30.6% 34.6% 35.6%
2018 16.6% 30.4% 33.8% 33.3%
2017 16.4% 29.4% 33.4% 39.3%
2016 16.9% 28% 34.5% 40%
2015 17.6% 27% 35.2% 42.6%
2014 18.4% 24.6% 35% 40.7%
2013 18.8% 24.9% 35.7% 38.9%
2012 18.8% 23% 36.6% 39.9%
2011 17.7% 23.1% 40.1% 37.5%
2010 16.9% 26.4% 43% 36.7%
2009 17% 26.5% 44.8% 27.9%
2008 19.4% 30.3% 38.2% 14.6%
2007 18.7% 38.1% 35.3% 15.9%
2006 18.4% 35.8% 34.4% 17.3%
2005 17.4% 42.6% 34.1% 17.6%
2004 17.8% 51.3% 33.9% 18.6%
2003 18.2% 55.6% 32.8% 20.4%
2002 16.9% 62.3% 34.4% 22.1%
2001 19.5% 73.7% 36.5% 22.9%
2000 15.3% 87.4% 38.7% 23.5%
1999 15.1% 95.9% 42.4% 28%
1998 15.1% 72.5% 39.6% 21.7%
1997 15.2% 26.4% 35% -
1996 11.5% 27.5% 34.4% -
1995 11.9% 32% 35.5% -
1994 13.5% 37% - -
1993 14.1% 40.4% - -
1992 16.8% 42.6% - -
1991 15% 39.2% - -
1990 15.8% 40.8% - -
1989 16.5% 42.5% - -
1988 17.3% 45.6% - -
1987 18% 49.7% - -
1986 20.9% 38.3% - -
1985 18.5% 28% - -
1984 16.1% 23.5% - -
1983 18.2% 23.1% - -
1982 18.8% 18.6% - -
1981 24.4% 16.4% - -
1980 22.1% 17.3% - -
1979 20.9% 22% - -
1978 20.1% 30.3% - -
1977 19.5% 27.7% - -
1976 21.8% 38.1% - -
1975 20.5% 36.7% - -
1974 17.3% 34.4% - -
1973 16.3% 43.1% - -
1972 15.7% 51.2% - -
1971 14.5% 50.5% - -
1970 13.8% 46.7% - -
1969 12.8% - - -
1968 8.82% - - -
1967 10.4% - - -
1966 9.18% - - -
1965 10.7% - - -
1964 9.55% - - -
1963 10.3% - - -
1962 7.89% - - -
1961 15.1% - - -
1960 14.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Indonesia's government spending was $235B, accounting for 16.8% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 40.2% in Indonesia and 38.2% in Lithuania, ranking 132/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Indonesia

Lithuania
1x
Year Deficit/surplus, % of GDP
Indonesia Lithuania
2024 -2.3% -1.28%
2023 -1.64% -0.69%
2022 -2.31% -0.72%
2021 -4.4% -1.15%
2020 -6.07% -6.42%
2019 -2.09% 0.41%
2018 -1.69% 0.52%
2017 -2.26% 0.36%
2016 -2.56% 0.03%
2015 -2.72% -0.77%
2014 -1.8% -1.79%
2013 -1.96% -2.69%
2012 -1.59% -3.15%
2011 -0.7% -5.92%
2010 -1.24% -6.95%
2009 -1.64% -9.09%
2008 0.05% -3.09%
2007 -0.95% -0.82%
2006 0.45% -0.27%
2005 0.46% -0.34%
2004 -0.26% -1.39%
2003 -1.08% -1.26%
2002 -0.58% -1.85%
2001 -1.76% -3.52%
2000 -1.87% -3.18%
1999 -0.96% -7.82%
1998 -1.89% -4.93%
1997 -1.03% -0.76%
1996 0.96% -3.59%
1995 0.64% -3.31%
1994 0.005% -
1993 -0.59% -
1992 -2.95% -
1991 -0.87% -
1990 -0.55% -
1989 -1.72% -
1988 -2.68% -
1987 -0.9% -
1986 -2.94% -
1985 -0.45% -
1984 1.83% -
1983 -1% -
1982 -1.11% -
1981 -0.69% -
1980 -0.82% -
1979 -0.67% -
1978 -2.03% -
1977 -0.38% -
1976 -2.63% -
1975 -2.33% -
1974 -0.35% -
1973 -1.33% -
1972 -1.82% -
1971 -2.51% -
1970 -3.02% -
1969 -2.8% -
1968 0% -
1967 -0.35% -
1966 -5.06% -
1965 -6.62% -
1964 -5.58% -
1963 -5.24% -
1962 -3.1% -
1961 -4.57% -
1960 -1.65% -
1959 -4.06% -
1958 -6.67% -
1957 -2.92% -
1956 -1.38% -
1955 -1.6% -
1954 -3.16% -
1953 -2.33% -
1952 -3.66% -
1951 1.52% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-02-20).

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

In 2024, Indonesia's government deficit, the difference between spending and revenue, was $32.1B, equivalent to 2.3% of GDP. This compares to Lithuania's deficit of $1.09B, or 1.28% of GDP.

Over the past 30 years, Indonesia recorded a fiscal deficit in 25 of those years, while Lithuania ran a deficit in 26 years. On average, Indonesia posted an annual deficit equal to 1.49% of GDP, compared to deficit of 2.51% of GDP for Lithuania.

Inflation comparison by year

Inflation
Indonesia

Lithuania
1x
Year Consumer prices inflation
Indonesia Lithuania
2024 2.18% 0.72%
2023 3.67% 9.12%
2022 4.21% 19.7%
2021 1.56% 4.68%
2020 1.92% 1.2%
2019 3.03% 2.33%
2018 3.2% 2.7%
2017 3.81% 3.72%
2016 3.53% 0.91%
2015 6.36% -0.88%
2014 6.39% 0.1%
2013 6.41% 1.05%
2012 4.28% 3.09%
2011 5.36% 4.13%
2010 5.13% 1.32%
2009 4.39% 4.45%
2008 10.2% 10.9%
2007 6.41% 5.74%
2006 13.1% 3.74%
2005 10.5% 2.66%
2004 6.06% 1.16%
2003 6.76% -1.13%
2002 11.9% 0.28%
2001 11.5% 1.37%
2000 3.69% 0.98%
1999 20.5% 0.73%
1998 58.5% 5.07%
1997 6.23% 8.88%

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

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

Over the past 28 years, Indonesia has recorded an average annual inflation rate of 8.24%, compared with 3.53% in Lithuania. In 2024, inflation was 2.18% in Indonesia and 0.72% in Lithuania.

Top exports between countries

Indonesia
Export category Export value
Metals $58.2M
Processed food, beverages & tobacco $13.9M
Wood & paper products $7.61M
Chemicals & pharma $3.17M
Textiles & consumer goods $2.47M
Raw materials & minerals $2.1M
Machinery & equipment $1.05M
Animal & marine products $678K
Precious metals & jewellery $413K
Raw agricultural goods $305K
Lithuania
Export category Export value
Raw agricultural goods $34.6M
Machinery & equipment $7.42M
Manufacturing & construction services $5.64M
Animal & marine products $2.99M
Textiles & consumer goods $2.89M
Processed food, beverages & tobacco $1.85M
Transport & tourism services $462K
Raw materials & minerals $378K
IT & IP services $316K
Wood & paper products $282K

Balance of trade

Indonesia Lithuania
Current account balance
-$8.72B
2024
$2.77B
2024
Current account balance ranking
174/190
2024
41/190
2024
Current account balance, % of GDP
-0.62%
2024
+3.27%
2024
Goods imports
$223B
2024
$43.8B
2024
Goods exports
$263B
2024
$38.9B
2024
Service imports
$57.6B
2024
$14.7B
2024
Service exports
$39B
2024
$24.3B
2024
Imports of goods and services, % of GDP
20.4%
2024
68.9%
2024
Exports of goods and services, % of GDP
22.2%
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.

Indonesia Lithuania
Economic freedom 65.1 75.3
Economic freedom ranking 67/197 18/197
Property rights 39.7 91.8
Government integrity 42 71.4
Judicial effectiveness 43.1 73.2
Tax burden 81.5 76.2
Government spending 91.4 57.3
Fiscal health 89.8 95.8
Business freedom 69.2 84.2
Labor freedom 56.8 58.1
Monetary freedom 79.4 76.7
Trade freedom 78.6 79.4
Investment freedom 50 70
Financial freedom 60 70

Economic freedom comparison by year

Indonesia
Lithuania
1x
Year Economic freedom index
Indonesia Lithuania
2026 65.1 75.3
2025 65.2 74.6
2024 63.5 72.9
2023 63.5 72.2
2022 64.4 75.8
2021 66.9 76.9
2020 67.2 76.7
2019 65.8 74.2
2018 64.2 75.3
2017 61.9 75.8
2016 59.4 75.2
2015 58.1 74.7
2014 58.5 73
2013 56.9 72.1
2012 56.4 71.5
2011 56 71.3
2010 55.5 70.3
2009 53.4 70
2008 53.2 70.9
2007 53.2 71.5
2006 51.9 71.8
2005 52.9 70.5
2004 52.1 72.4
2003 55.8 69.7
2002 54.8 66.1
2001 52.5 65.5
2000 55.2 61.9
1999 61.5 61.5
1998 63.4 59.4
1997 62 57.3
1996 61 49.7
1995 54.9 -

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

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

The Economic Freedom Index for Indonesia is 65.1, ranking 67/197, 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

Indonesia Lithuania
Services, % of GDP
43.8%
2024
63.6%
2024
Industry, % of GDP
39.3%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
12.6%
2024
2.57%
2024
GNI, Atlas method
$1.39T
2024
$78.4B
2024
GNI per capita, PPP
$16,010
2024
$53,920
2024
Total reserves including gold
$156B
2024
$7.41B
2024
Total reserves ranking
20/177
2024
86/177
2024
Net foreign direct investment
-$15.9B
2024
-$3.91B
2024
Net inflows of foreign direct investment
$24.2B
2024
$4.7B
2024
Net outflows of foreign direct investment
$8.39B
2024
$795M
2024
Servicing debt to the IMF, % of GNI
5.65%
2024
n/a
Poverty at national poverty lines
9%
2024
20.9%
2021
Gross capital formation, % of GDP
31.4%
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/indonesia/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 (1967–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1951–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.