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Economy of Ivory Coast vs Lithuania compared: GDP & Debt

Updated on by Georank team

Ivory Coast has a GDP of $87.1B compared to $84.9B for Lithuania, ranking 77/197 and 79/197 by economy size, respectively.

Ivory Coast has $51.6B in government debt (59.3% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Ivory Coast vs Lithuania GDP by year

Ivory Coast
Lithuania
1x
Year GDP, current $
Ivory Coast Lithuania
2024 $87,113,179,149 $84,869,215,513
2023 $80,780,312,569 $79,789,877,416
2022 $70,922,824,814 $71,033,884,500
2021 $72,794,636,654 $67,037,321,009
2020 $63,027,852,805 $57,412,038,533
2019 $60,382,894,697 $55,122,066,226
2018 $58,522,477,787 $54,261,795,149
2017 $52,512,343,997 $47,756,764,508
2016 $48,407,761,037 $42,970,749,245
2015 $45,815,005,169 $41,540,954,817
2014 $48,843,005,614 $48,306,546,657
2013 $42,760,235,485 $46,303,660,422
2012 $36,302,302,877 $42,709,372,067
2011 $36,693,710,801 $43,186,501,863
2010 $34,936,307,980 $36,638,128,534
2009 $33,886,813,250 $37,494,380,039
2008 $34,078,240,293 $47,831,254,208
2007 $28,760,090,953 $39,729,151,615
2006 $25,281,413,263 $30,116,192,747
2005 $24,036,918,703 $26,105,207,115
2004 $23,510,575,681 $22,743,164,431
2003 $21,251,754,340 $18,809,197,970
2002 $18,054,383,321 $14,282,292,665
2001 $16,810,537,044 $12,260,761,329
2000 $16,577,533,892 $11,550,695,727
1999 $18,870,992,456 $11,022,095,814
1998 $19,619,654,756 $11,289,161,847
1997 $18,047,558,038 $10,168,271,903
1996 $18,071,152,831 $8,430,207,164
1995 $11,000,146,267 $7,921,210,340
1994 $8,313,557,510 -
1993 $11,045,760,288 -
1992 $11,152,971,274 -
1991 $10,492,628,581 -
1990 $10,795,850,583 -
1989 $9,757,410,645 -
1988 $10,255,169,806 -
1987 $10,087,654,465 -
1986 $9,158,302,100 -
1985 $6,977,650,644 -
1984 $6,841,639,247 -
1983 $6,838,184,773 -
1982 $7,567,110,849 -
1981 $8,432,589,942 -
1980 $10,175,617,609 -
1979 $9,142,933,967 -
1978 $7,900,526,298 -
1977 $6,265,068,189 -
1976 $4,662,053,825 -
1975 $3,893,839,190 -
1974 $3,070,152,309 -
1973 $2,508,421,426 -
1972 $1,849,400,402 -
1971 $1,584,128,509 -
1970 $1,455,482,795 -
1969 $1,361,360,293 -
1968 $1,281,281,277 -
1967 $1,082,922,725 -
1966 $1,024,102,880 -
1965 $919,771,229 -
1964 $921,063,327 -
1963 $761,047,198 -
1962 $645,284,474 -
1961 $618,245,634 -
1960 $546,203,559 -

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

GeoRank.org/economy/ivory-coast/lithuania | CC BY

GDP per capita in Ivory Coast vs Lithuania by year

Ivory Coast
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ivory Coast Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,728 $7,669 $29,384 $55,286
2023 $2,592 $7,237 $27,786 $52,348
2022 $2,333 $6,719 $25,086 $50,936
2021 $2,456 $6,045 $23,870 $45,874
2020 $2,180 $5,544 $20,429 $41,263
2019 $2,142 $5,516 $19,609 $40,564
2018 $2,131 $4,946 $19,247 $36,492
2017 $1,964 $4,690 $16,800 $31,305
2016 $1,863 $4,531 $14,934 $28,699
2015 $1,815 $4,404 $14,270 $26,949
2014 $1,991 $4,074 $16,446 $26,275
2013 $1,786 $3,619 $15,637 $24,890
2012 $1,547 $3,291 $14,288 $23,275
2011 $1,597 $3,176 $14,262 $21,558
2010 $1,554 $3,361 $11,829 $18,719
2009 $1,540 $3,177 $11,854 $17,055
2008 $1,584 $3,116 $14,956 $19,410
2007 $1,368 $2,985 $12,295 $17,969
2006 $1,230 $2,942 $9,210 $15,522
2005 $1,198 $2,842 $7,857 $13,951
2004 $1,200 $2,794 $6,735 $12,605
2003 $1,111 $2,702 $5,507 $11,660
2002 $968 $2,851 $4,148 $10,296
2001 $925 $2,962 $3,533 $9,399
2000 $937 $3,041 $3,301 $8,475
1999 $1,096 $3,065 $3,128 $7,918
1998 $1,177 $3,086 $3,181 $7,846
1997 $1,125 $3,040 $2,844 $7,167
1996 $1,170 $2,832 $2,341 $6,479
1995 $740 $2,683 $2,183 $6,023
1994 $582 $2,551 - $5,667
1993 $804 $2,577 - $6,107
1992 $845 $2,625 - $7,087
1991 $827 $2,677 - $8,790
1990 $886 $2,693 - $9,030
1989 $833 - - -
1988 $910 - - -
1987 $930 - - -
1986 $877 - - -
1985 $695 - - -
1984 $709 - - -
1983 $737 - - -
1982 $849 - - -
1981 $986 - - -
1980 $1,238 - - -
1979 $1,157 - - -
1978 $1,039 - - -
1977 $856 - - -
1976 $661 - - -
1975 $575 - - -
1974 $474 - - -
1973 $406 - - -
1972 $313 - - -
1971 $280.3 - - -
1970 $269 - - -
1969 $262.2 - - -
1968 $256.8 - - -
1967 $225.6 - - -
1966 $221.8 - - -
1965 $207 - - -
1964 $215.5 - - -
1963 $185.1 - - -
1962 $163.1 - - -
1961 $162.3 - - -
1960 $148.7 - - -

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

GeoRank.org/economy/ivory-coast/lithuania | CC BY

Ivory Coast's GDP per capita is $2,728, ranking 142/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Ivory Coast ranks 145th at $7,669, while Lithuania ranks 39th at $55,286.

Economic indicators

Ivory Coast Lithuania
Gross domestic product
$87.1B
2024
$84.9B
2024
GDP rank
77/197
2024
79/197
2024
GDP growth
6.02%
2023-2024
2.77%
2023-2024
GDP per capita
$2,728
2024
$29,384
2024
GDP per capita rank
142/197
2024
43/197
2024
GDP per capita, PPP
$7,669
2024
$55,286
2024
GDP per capita PPP rank
145/197
2024
39/197
2024
Government debt
$51.6B
2024
$32.4B
2024
Debt-to-GDP ratio
59.3%
2024
38.2%
2024
Government debt per person
$1,616
2024
$11,232
2024
Government debt per person rank
125/185
2024
49/185
2024
Average annual personal income after taxes
$2,733
2026
$19,946
2026
Market capitalization of domestic companies
$7.33B
2020
n/a
Income share by richest 10%
27.8%
2021
27.3%
2023
Income share by poorest 10%
3.1%
2021
2.2%
2023
Government expenditure, % of GDP
20.4%
2024
39.5%
2024
Consumer prices inflation
3.45%
2023-2024
0.72%
2023-2024
Unemployment rate
2.31%
2022
7.1%
2024
Population
33722528
2829914

Spending and national debt comparison by year

Ivory Coast
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Ivory Coast Lithuania
Government spending Government debt Government spending Government debt
2024 20.4% 59.3% 39.5% 38.2%
2023 21.3% 57.5% 37.4% 37.3%
2022 21.9% 56% 36.3% 38.1%
2021 20.5% 50.2% 37.3% 43.3%
2020 20.4% 46.3% 42.4% 45.9%
2019 17.2% 37.2% 34.6% 35.6%
2018 17.6% 35.3% 33.8% 33.3%
2017 18.1% 32.6% 33.4% 39.3%
2016 17.6% 31.1% 34.5% 40%
2015 16.5% 29.2% 35.2% 42.6%
2014 15.2% 26.7% 35% 40.7%
2013 15.9% 24.6% 35.7% 38.9%
2012 16.1% 24.7% 36.6% 39.9%
2011 13.2% 50% 40.1% 37.5%
2010 14.5% 45.6% 43% 36.7%
2009 14.4% 46.5% 44.8% 27.9%
2008 14.6% 51.2% 38.2% 14.6%
2007 14.8% 53.5% 35.3% 15.9%
2006 14.5% 57.5% 34.4% 17.3%
2005 13.6% 58.2% 34.1% 17.6%
2004 13.5% 56.7% 33.9% 18.6%
2003 12.7% 56.4% 32.8% 20.4%
2002 13.1% 63% 34.4% 22.1%
2001 11.4% 71.2% 36.5% 22.9%
2000 12.9% 74% 38.7% 23.5%
1999 13.7% 78% 42.4% 28%
1998 14.6% 75.2% 39.6% 21.7%
1997 15.2% 84.2% 35% -
1996 - - 34.4% -
1995 - - 35.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/ivory-coast/lithuania | CC BY

In 2024, Ivory Coast's government spending was $17.7B, accounting for 20.4% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 59.3% in Ivory Coast and 38.2% in Lithuania, ranking 82/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Ivory Coast

Lithuania
1x
Year Deficit/surplus, % of GDP
Ivory Coast Lithuania
2024 -3.97% -1.28%
2023 -5.19% -0.69%
2022 -6.74% -0.72%
2021 -4.86% -1.15%
2020 -5.42% -6.42%
2019 -2.22% 0.41%
2018 -2.9% 0.52%
2017 -3.27% 0.36%
2016 -2.98% 0.03%
2015 -2.04% -0.77%
2014 -1.57% -1.79%
2013 -1.62% -2.69%
2012 -2.28% -3.15%
2011 -2.89% -5.92%
2010 -1.34% -6.95%
2009 -1% -9.09%
2008 -0.21% -3.09%
2007 -0.39% -0.82%
2006 -1.03% -0.27%
2005 -1.03% -0.34%
2004 -1.04% -1.39%
2003 -1.26% -1.26%
2002 -0.64% -1.85%
2001 0.7% -3.52%
2000 -0.83% -3.18%
1999 -1.27% -7.82%
1998 -0.7% -4.93%
1997 -0.75% -0.76%
1996 - -3.59%
1995 - -3.31%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/ivory-coast/lithuania | CC BY

In 2024, Ivory Coast's government deficit, the difference between spending and revenue, was $3.45B, equivalent to 3.97% of GDP. This compares to Lithuania's deficit of $1.09B, or 1.28% of GDP.

Over the past 28 years, Ivory Coast recorded a fiscal deficit in 27 of those years, while Lithuania ran a deficit in 24 years. On average, Ivory Coast posted an annual deficit equal to 2.1% of GDP, compared to deficit of 2.45% of GDP for Lithuania.

Inflation comparison by year

Inflation
Ivory Coast

Lithuania
1x
Year Consumer prices inflation
Ivory Coast Lithuania
2024 3.45% 0.72%
2023 4.37% 9.12%
2022 5.23% 19.7%
2021 4.16% 4.68%
2020 2.41% 1.2%
2019 0.79% 2.33%
2018 0.4% 2.7%
2017 0.69% 3.72%
2016 0.72% 0.91%
2015 1.25% -0.88%
2014 0.45% 0.1%
2013 2.58% 1.05%
2012 1.3% 3.09%
2011 4.91% 4.13%
2010 1.23% 1.32%
2009 1.02% 4.45%
2008 6.31% 10.9%
2007 1.89% 5.74%
2006 2.47% 3.74%
2005 3.89% 2.66%
2004 1.46% 1.16%
2003 3.3% -1.13%
2002 3.08% 0.28%
2001 4.36% 1.37%
2000 2.53% 0.98%
1999 0.7% 0.73%
1998 4.61% 5.07%
1997 4.02% 8.88%

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

GeoRank.org/economy/ivory-coast/lithuania | CC BY

Over the past 28 years, Ivory Coast has recorded an average annual inflation rate of 2.63%, compared with 3.53% in Lithuania. In 2024, inflation was 3.45% in Ivory Coast and 0.72% in Lithuania.

Top exports between countries

Ivory Coast
Export category Export value
Processed food, beverages & tobacco $2.89M
Raw materials & minerals $635K
Raw agricultural goods $292K
Machinery & equipment $174K
Metals $10K
Wood & paper products $6K
Chemicals & pharma $3K
Lithuania
Export category Export value
Raw agricultural goods $8.2M
Wood & paper products $5.53M
Chemicals & pharma $1.15M
Processed food, beverages & tobacco $525K
Textiles & consumer goods $417K
Animal & marine products $359K
Raw materials & minerals $251K
Machinery & equipment $186K
Metals $180K

Balance of trade

Ivory Coast Lithuania
Current account balance
-$9.21B
2023
$2.77B
2024
Current account balance ranking
175/190
2023
41/190
2024
Current account balance, % of GDP
-11.4%
2023
+3.27%
2024
Goods imports
$15.4B
2023
$43.8B
2024
Goods exports
$17.1B
2023
$38.9B
2024
Service imports
$8.78B
2023
$14.7B
2024
Service exports
$1.5B
2023
$24.3B
2024
Imports of goods and services, % of GDP
25.2%
2024
68.9%
2024
Exports of goods and services, % of GDP
26%
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.

Ivory Coast Lithuania
Economic freedom 58.1 75.3
Economic freedom ranking 111/197 18/197
Property rights 43.9 91.8
Government integrity 39.3 71.4
Judicial effectiveness 30.2 73.2
Tax burden 81.6 76.2
Government spending 86.6 57.3
Fiscal health 48 95.8
Business freedom 68.3 84.2
Labor freedom 57.1 58.1
Monetary freedom 67.6 76.7
Trade freedom 74.4 79.4
Investment freedom 50 70
Financial freedom 50 70

Economic freedom comparison by year

Ivory Coast
Lithuania
1x
Year Economic freedom index
Ivory Coast Lithuania
2026 58.1 75.3
2025 57.8 74.6
2024 58.4 72.9
2023 60.4 72.2
2022 61.6 75.8
2021 61.7 76.9
2020 59.7 76.7
2019 62.4 74.2
2018 62 75.3
2017 63 75.8
2016 60 75.2
2015 58.5 74.7
2014 57.7 73
2013 54.1 72.1
2012 54.3 71.5
2011 55.4 71.3
2010 54.1 70.3
2009 55 70
2008 53.9 70.9
2007 54.9 71.5
2006 56.2 71.8
2005 56.6 70.5
2004 57.8 72.4
2003 56.7 69.7
2002 57.3 66.1
2001 54.8 65.5
2000 50.2 61.9
1999 51.7 61.5
1998 51.3 59.4
1997 50.5 57.3
1996 49.9 49.7
1995 53.4 -

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

GeoRank.org/economy/ivory-coast/lithuania | CC BY

The Economic Freedom Index for Ivory Coast is 58.1, ranking 111/197, 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

Ivory Coast Lithuania
Services, % of GDP
51.9%
2024
63.6%
2024
Industry, % of GDP
24%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
2.57%
2024
GNI, Atlas method
$80.9B
2024
$78.4B
2024
GNI per capita, PPP
$7,360
2024
$53,920
2024
Total reserves including gold n/a
$7.41B
2024
Total reserves ranking n/a
86/177
2024
Net foreign direct investment
-$2B
2023
-$3.91B
2024
Net inflows of foreign direct investment
$3.12B
2024
$4.7B
2024
Net outflows of foreign direct investment
$228M
2024
$795M
2024
Servicing debt to the IMF, % of GNI
6.44%
2024
n/a
Poverty at national poverty lines
37.5%
2021
20.9%
2021
Gross capital formation, % of GDP
20.9%
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/ivory-coast/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 (1995–2024, 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 (2020–2024, 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.