Skip to content

Economy of Lesotho vs Lithuania compared: GDP & Debt

Updated on by Georank team

Lesotho has a GDP of $2.27B compared to $84.9B for Lithuania, ranking 175/197 and 79/197 by economy size, respectively.

Lesotho has $1.29B in government debt (56.8% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Lesotho vs Lithuania GDP by year

Lesotho
Lithuania
1x
Year GDP, current $
Lesotho Lithuania
2024 $2,271,759,455 $84,869,215,513
2023 $2,117,962,445 $79,789,877,416
2022 $2,354,980,960 $71,033,884,500
2021 $2,412,130,057 $67,037,321,009
2020 $2,053,699,864 $57,412,038,533
2019 $2,390,702,296 $55,122,066,226
2018 $2,556,247,292 $54,261,795,149
2017 $2,306,741,672 $47,756,764,508
2016 $2,114,426,452 $42,970,749,245
2015 $2,359,686,725 $41,540,954,817
2014 $2,441,063,054 $48,306,546,657
2013 $2,367,112,932 $46,303,660,422
2012 $2,477,702,216 $42,709,372,067
2011 $2,579,409,620 $43,186,501,863
2010 $2,234,754,242 $36,638,128,534
2009 $1,740,894,965 $37,494,380,039
2008 $1,766,902,709 $47,831,254,208
2007 $1,682,131,785 $39,729,151,615
2006 $1,800,092,564 $30,116,192,747
2005 $1,682,343,527 $26,105,207,115
2004 $1,511,236,656 $22,743,164,431
2003 $1,157,825,435 $18,809,197,970
2002 $775,777,239 $14,282,292,665
2001 $825,706,961 $12,260,761,329
2000 $887,291,688 $11,550,695,727
1999 $912,773,681 $11,022,095,814
1998 $928,460,893 $11,289,161,847
1997 $998,004,259 $10,168,271,903
1996 $946,112,493 $8,430,207,164
1995 $1,001,894,000 $7,921,210,340
1994 $878,250,945 -
1993 $835,582,062 -
1992 $831,029,862 -
1991 $704,325,367 -
1990 $596,410,264 -
1989 $495,409,233 -
1988 $470,395,801 -
1987 $402,768,324 -
1986 $318,858,423 -
1985 $268,629,926 -
1984 $333,163,670 -
1983 $386,699,309 -
1982 $348,741,684 -
1981 $434,188,034 -
1980 $431,542,537 -
1979 $290,134,593 -
1978 $266,570,067 -
1977 $193,315,048 -
1976 $147,660,037 -
1975 $149,558,896 -
1974 $150,851,317 -
1973 $121,188,716 -
1972 $80,913,200 -
1971 $76,480,285 -
1970 $68,739,973 -
1969 $65,967,974 -
1968 $61,445,975 -
1967 $59,261,976 -
1966 $56,699,977 -
1965 $54,879,978 -
1964 $51,939,979 -
1963 $47,039,981 -
1962 $41,859,983 -
1961 $35,699,986 -
1960 $34,579,986 -

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

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

GDP per capita in Lesotho vs Lithuania by year

Lesotho
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lesotho Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $972 $3,001 $29,384 $55,286
2023 $916 $2,881 $27,786 $52,348
2022 $1,030 $2,761 $25,086 $50,936
2021 $1,067 $2,545 $23,870 $45,874
2020 $919 $2,559 $20,429 $41,263
2019 $1,082 $2,568 $19,609 $40,564
2018 $1,171 $2,632 $19,247 $36,492
2017 $1,069 $2,619 $16,800 $31,305
2016 $992 $2,942 $14,934 $28,699
2015 $1,121 $3,035 $14,270 $26,949
2014 $1,174 $2,771 $16,446 $26,275
2013 $1,151 $2,538 $15,637 $24,890
2012 $1,218 $2,291 $14,288 $23,275
2011 $1,281 $2,279 $14,262 $21,558
2010 $1,119 $2,153 $11,829 $18,719
2009 $879 $2,036 $11,854 $17,055
2008 $898 $2,064 $14,956 $19,410
2007 $861 $1,932 $12,295 $17,969
2006 $925 $1,813 $9,210 $15,522
2005 $861 $1,681 $7,857 $13,951
2004 $767 $1,561 $6,735 $12,605
2003 $583 $1,484 $5,507 $11,660
2002 $389 $1,385 $4,148 $10,296
2001 $413 $1,350 $3,533 $9,399
2000 $443 $1,273 $3,301 $8,475
1999 $456 $1,199 $3,128 $7,918
1998 $465 $1,179 $3,181 $7,846
1997 $502 $1,154 $2,844 $7,167
1996 $480 $1,103 $2,341 $6,479
1995 $513 $1,037 $2,183 $6,023
1994 $456 $995 - $5,667
1993 $439 $932 - $6,107
1992 $444 $893 - $7,087
1991 $382 $830 - $8,790
1990 $330 $764 - $9,030
1989 $279 - - -
1988 $270.4 - - -
1987 $236.5 - - -
1986 $191.4 - - -
1985 $165.4 - - -
1984 $211 - - -
1983 $252 - - -
1982 $233.9 - - -
1981 $299.8 - - -
1980 $307 - - -
1979 $212.4 - - -
1978 $200.8 - - -
1977 $149.9 - - -
1976 $117.8 - - -
1975 $123.2 - - -
1974 $128.7 - - -
1973 $107 - - -
1972 $74 - - -
1971 $72.4 - - -
1970 $67.4 - - -
1969 $67.1 - - -
1968 $64.8 - - -
1967 $64.8 - - -
1966 $64.3 - - -
1965 $64.3 - - -
1964 $62.6 - - -
1963 $58.4 - - -
1962 $53.5 - - -
1961 $47 - - -
1960 $47 - - -

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

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

Lesotho's GDP per capita is $972, ranking 181/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Lesotho ranks 180th at $3,001, while Lithuania ranks 39th at $55,286.

Economic indicators

Lesotho Lithuania
Gross domestic product
$2.27B
2024
$84.9B
2024
GDP rank
175/197
2024
79/197
2024
GDP growth
2.85%
2023-2024
2.77%
2023-2024
GDP per capita
$972
2024
$29,384
2024
GDP per capita rank
181/197
2024
43/197
2024
GDP per capita, PPP
$3,001
2024
$55,286
2024
GDP per capita PPP rank
180/197
2024
39/197
2024
Government debt
$1.29B
2024
$32.4B
2024
Debt-to-GDP ratio
56.8%
2024
38.2%
2024
Government debt per person
$552
2024
$11,232
2024
Government debt per person rank
164/185
2024
49/185
2024
Average annual personal income after taxes
$6,545
2026
$19,946
2026
Income share by richest 10%
32.9%
2017
27.3%
2023
Income share by poorest 10%
1.7%
2017
2.2%
2023
Government expenditure, % of GDP
53.5%
2024
39.5%
2024
Consumer prices inflation
6.11%
2023-2024
0.72%
2023-2024
Central bank interest rate
6.5%
2025
n/a
Unemployment rate
18.7%
2024
7.1%
2024
Population
2396633
2829914

Spending and national debt comparison by year

Lesotho
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Lesotho Lithuania
Government spending Government debt Government spending Government debt
2024 53.5% 56.8% 39.5% 38.2%
2023 49.4% 61.5% 37.4% 37.3%
2022 50.8% 64.4% 36.3% 38.1%
2021 53.8% 58% 37.3% 43.3%
2020 54.4% 54.7% 42.4% 45.9%
2019 53.6% 58.2% 34.6% 35.6%
2018 51.9% 48.2% 33.8% 33.3%
2017 50.4% 41% 33.4% 39.3%
2016 54.1% 41.5% 34.5% 40%
2015 51.7% 45.8% 35.2% 42.6%
2014 50.1% 41.5% 35% 40.7%
2013 58.4% 41.2% 35.7% 38.9%
2012 58.1% 39.8% 36.6% 39.9%
2011 60.2% 36.2% 40.1% 37.5%
2010 55.3% 33.8% 43% 36.7%
2009 66.4% 35.9% 44.8% 27.9%
2008 54.1% 47% 38.2% 14.6%
2007 48.1% 49.6% 35.3% 15.9%
2006 43.2% 43.7% 34.4% 17.3%
2005 37.6% 41% 34.1% 17.6%
2004 36.3% 49.4% 33.9% 18.6%
2003 39.8% 52.6% 32.8% 20.4%
2002 41.2% 79.6% 34.4% 22.1%
2001 41.4% 108.7% 36.5% 22.9%
2000 39.3% 88.5% 38.7% 23.5%
1999 50.8% 83% 42.4% 28%
1998 51.4% 79.4% 39.6% 21.7%
1997 44.6% 65.7% 35% -
1996 41.5% 71.6% 34.4% -
1995 42.1% 62.8% 35.5% -
1994 40.2% 67% - -
1993 36% 71.2% - -
1992 35.3% 64.4% - -
1991 31.3% 11.9% - -
1990 32.9% 18% - -
1989 35.8% 112.5% - -
1988 35.3% 105.2% - -
1987 40.3% 97.4% - -
1986 33.2% 92.5% - -
1985 32.8% 86.3% - -
1984 26.8% 57.2% - -
1983 27.2% 56.7% - -
1982 29.9% 61.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

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

In 2024, Lesotho's government spending was $1.22B, accounting for 53.5% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 56.8% in Lesotho and 38.2% in Lithuania, ranking 92/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Lesotho

Lithuania
1x
Year Deficit/surplus, % of GDP
Lesotho Lithuania
2024 9.04% -1.28%
2023 7.31% -0.69%
2022 -6.41% -0.72%
2021 -4.95% -1.15%
2020 1.18% -6.42%
2019 -5.72% 0.41%
2018 -4.41% 0.52%
2017 -2.02% 0.36%
2016 -9.43% 0.03%
2015 -1.38% -0.77%
2014 3.16% -1.79%
2013 -2.58% -2.69%
2012 4.56% -3.15%
2011 -9.85% -5.92%
2010 -1.49% -6.95%
2009 -4.16% -9.09%
2008 8.1% -3.09%
2007 10.8% -0.82%
2006 11.6% -0.27%
2005 4.46% -0.34%
2004 6.05% -1.39%
2003 0.89% -1.26%
2002 -2.44% -1.85%
2001 -2.76% -3.52%
2000 -0.95% -3.18%
1999 -15.3% -7.82%
1998 -11.8% -4.93%
1997 0.27% -0.76%
1996 2.11% -3.59%
1995 5.13% -3.31%
1994 5.69% -
1993 7.55% -
1992 4.65% -
1991 9.74% -
1990 8.78% -
1989 3.88% -
1988 -1.87% -
1987 -2.85% -
1986 0.87% -
1985 1.68% -
1984 4.82% -
1983 1.85% -
1982 -2.03% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

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

In 2024, Lesotho's government surplus, the difference between spending and revenue, was $205M, equivalent to 9.04% of GDP. This compares to Lithuania's deficit of $1.09B, or 1.28% of GDP.

Over the past 30 years, Lesotho recorded a fiscal deficit in 16 of those years, while Lithuania ran a deficit in 26 years. On average, Lesotho posted an annual deficit equal to 0.37% of GDP, compared to deficit of 2.51% of GDP for Lithuania.

Inflation comparison by year

Inflation
Lesotho

Lithuania
1x
Year Consumer prices inflation
Lesotho Lithuania
2024 6.11% 0.72%
2023 6.34% 9.12%
2022 8.27% 19.7%
2021 6.05% 4.68%
2020 4.98% 1.2%
2019 5.19% 2.33%
2018 4.75% 2.7%
2017 4.45% 3.72%
2016 6.6% 0.91%
2015 3.22% -0.88%
2014 5.37% 0.1%
2013 4.87% 1.05%
2012 6.05% 3.09%
2011 5.04% 4.13%
2010 -2.41% 1.32%
2009 -16.9% 4.45%
2008 10.7% 10.9%
2007 8.01% 5.74%
2006 6.07% 3.74%
2005 3.44% 2.66%
2004 5.02% 1.16%
2003 6.63% -1.13%
2002 33.8% 0.28%
2001 -9.62% 1.37%
2000 6.13% 0.98%
1999 - 0.73%
1998 - 5.07%
1997 - 8.88%

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

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

Over the past 25 years, Lesotho has recorded an average annual inflation rate of 5.13%, compared with 3.36% in Lithuania. In 2024, inflation was 6.11% in Lesotho and 0.72% in Lithuania.

Top exports between countries

Lesotho
Export category Export value
Lithuania
Export category Export value
Machinery & equipment $37K

Balance of trade

Lesotho Lithuania
Current account balance
$89.2M
2024
$2.77B
2024
Current account balance ranking
68/190
2024
41/190
2024
Current account balance, % of GDP
+3.93%
2024
+3.27%
2024
Goods imports
$1.67B
2024
$43.8B
2024
Goods exports
$965M
2024
$38.9B
2024
Service imports
$415M
2024
$14.7B
2024
Service exports
$15.4M
2024
$24.3B
2024
Imports of goods and services, % of GDP
98.6%
2023
68.9%
2024
Exports of goods and services, % of GDP
42.9%
2023
74.1%
2024

Economic freedom indices

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

Lesotho Lithuania
Economic freedom 54.9 75.3
Economic freedom ranking 130/197 18/197
Property rights 41.7 91.8
Government integrity 39.6 71.4
Judicial effectiveness 43.6 73.2
Tax burden 76.4 76.2
Government spending 21.3 57.3
Fiscal health 93.5 95.8
Business freedom 50.6 84.2
Labor freedom 57 58.1
Monetary freedom 74.8 76.7
Trade freedom 65.4 79.4
Investment freedom 55 70
Financial freedom 40 70

Economic freedom comparison by year

Lesotho
Lithuania
1x
Year Economic freedom index
Lesotho Lithuania
2026 54.9 75.3
2025 54.1 74.6
2024 51.9 72.9
2023 51.6 72.2
2022 48.1 75.8
2021 53.5 76.9
2020 54.5 76.7
2019 53.1 74.2
2018 53.9 75.3
2017 53.9 75.8
2016 50.6 75.2
2015 49.6 74.7
2014 49.5 73
2013 47.9 72.1
2012 46.6 71.5
2011 47.5 71.3
2010 48.1 70.3
2009 49.7 70
2008 52.1 70.9
2007 53.2 71.5
2006 54.7 71.8
2005 53.9 70.5
2004 50.3 72.4
2003 52 69.7
2002 48.9 66.1
2001 50.6 65.5
2000 48.4 61.9
1999 48.2 61.5
1998 48.4 59.4
1997 47.2 57.3
1996 47 49.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Lesotho is 54.9, ranking 130/197, 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

Lesotho Lithuania
Services, % of GDP
48%
2024
63.6%
2024
Industry, % of GDP
30.9%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
6.5%
2024
2.57%
2024
GNI, Atlas method
$2.75B
2024
$78.4B
2024
GNI per capita, PPP
$3,580
2024
$53,920
2024
Total reserves including gold
$1.01B
2024
$7.41B
2024
Total reserves ranking
142/177
2024
86/177
2024
Net foreign direct investment
$12.6M
2024
-$3.91B
2024
Net inflows of foreign direct investment
-$12.6M
2024
$4.7B
2024
Net outflows of foreign direct investment
$0
2024
$795M
2024
Servicing debt to the IMF, % of GNI
4.06%
2024
n/a
Poverty at national poverty lines
49.7%
2017
20.9%
2021
Gross capital formation, % of GDP
27.2%
2023
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/lesotho/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 (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 (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2022, retrieved 2026-02-08)

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.