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Economy of Lithuania vs Mauritania compared: GDP & Debt

Updated on by Georank team

Lithuania has a GDP of $84.9B compared to $10.9B for Mauritania, ranking 79/197 and 153/197 by economy size, respectively.

Lithuania has $32.4B in government debt (38.2% of GDP), compared to $4.67B (42.8% of GDP) in Mauritania.

Lithuania vs Mauritania GDP by year

Lithuania
Mauritania
1x
Year GDP, current $
Lithuania Mauritania
2024 $84,869,215,513 $10,908,045,687
2023 $79,789,877,416 $10,726,838,461
2022 $71,033,884,500 $9,557,966,698
2021 $67,037,321,009 $9,222,536,364
2020 $57,412,038,533 $8,260,752,385
2019 $55,122,066,226 $7,894,764,886
2018 $54,261,795,149 $7,473,550,557
2017 $47,756,764,508 $6,800,135,898
2016 $42,970,749,245 $6,398,747,592
2015 $41,540,954,817 $6,166,863,897
2014 $48,306,546,657 $6,592,537,782
2013 $46,303,660,422 $7,223,071,097
2012 $42,709,372,067 $6,728,208,836
2011 $43,186,501,863 $6,764,627,746
2010 $36,638,128,534 $5,628,878,798
2009 $37,494,380,039 $4,714,595,548
2008 $47,831,254,208 $5,206,437,194
2007 $39,729,151,615 $4,346,212,355
2006 $30,116,192,747 $3,919,577,286
2005 $26,105,207,115 $2,936,019,526
2004 $22,743,164,431 $2,362,501,023
2003 $18,809,197,970 $2,051,147,607
2002 $14,282,292,665 $1,777,057,481
2001 $12,260,761,329 $1,746,063,558
2000 $11,550,695,727 $1,779,520,886
1999 $11,022,095,814 $1,985,922,776
1998 $11,289,161,847 $2,032,347,665
1997 $10,168,271,903 $2,071,996,564
1996 $8,430,207,164 $2,132,087,009
1995 $7,921,210,340 $2,091,726,101
1994 - $1,944,876,755
1993 - $1,847,353,211
1992 - $2,164,298,425
1991 - $2,133,692,697
1990 - $1,506,914,408
1989 - $1,450,647,019
1988 - $1,414,951,290
1987 - $1,344,664,725
1986 - $1,186,628,778
1985 - $1,009,723,326
1984 - $1,074,373,230
1983 - $1,165,171,263
1982 - $1,108,776,653
1981 - $1,105,494,682
1980 - $1,047,925,106
1979 - $951,900,945
1978 - $804,629,877
1977 - $799,030,017
1976 - $775,045,517
1975 - $703,377,837
1974 - $613,010,553
1973 - $493,237,876
1972 - $391,669,449
1971 - $335,568,907
1970 - $309,405,316
1969 - $295,062,308
1968 - $311,395,937
1967 - $282,615,310
1966 - $266,533,605
1965 - $255,340,475
1964 - $224,495,744
1963 - $168,186,297
1962 - $164,271,558
1961 - $159,213,430

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

GDP per capita in Lithuania vs Mauritania by year

Lithuania
GDP per capita

GDP per capita, PPP
Mauritania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Mauritania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,384 $55,286 $2,110 $7,369
2023 $27,786 $52,348 $2,136 $6,966
2022 $25,086 $50,936 $1,960 $6,485
2021 $23,870 $45,874 $1,948 $5,837
2020 $20,429 $41,263 $1,796 $5,741
2019 $19,609 $40,564 $1,767 $5,610
2018 $19,247 $36,492 $1,723 $5,429
2017 $16,800 $31,305 $1,615 $5,353
2016 $14,934 $28,699 $1,566 $4,683
2015 $14,270 $26,949 $1,555 $3,978
2014 $16,446 $26,275 $1,713 $3,865
2013 $15,637 $24,890 $1,934 $3,831
2012 $14,288 $23,275 $1,859 $3,465
2011 $14,262 $21,558 $1,931 $3,271
2010 $11,829 $18,719 $1,660 $3,178
2009 $11,854 $17,055 $1,435 $3,159
2008 $14,956 $19,410 $1,636 $3,236
2007 $12,295 $17,969 $1,405 $3,278
2006 $9,210 $15,522 $1,301 $3,342
2005 $7,857 $13,951 $999 $2,809
2004 $6,735 $12,605 $824 $2,570
2003 $5,507 $11,660 $732 $2,447
2002 $4,148 $10,296 $649 $2,296
2001 $3,533 $9,399 $652 $2,280
2000 $3,301 $8,475 $681 $2,304
1999 $3,128 $7,918 $781 $2,411
1998 $3,181 $7,846 $821 $2,355
1997 $2,844 $7,167 $859 $2,325
1996 $2,341 $6,479 $904 $2,436
1995 $2,183 $6,023 $905 $2,306
1994 - $5,667 $865 $2,114
1993 - $6,107 $850 $2,209
1992 - $7,087 $1,036 $2,122
1991 - $8,790 $1,062 $2,116
1990 - $9,030 $772 $2,070
1989 - - $762 -
1988 - - $762 -
1987 - - $746 -
1986 - - $677 -
1985 - - $593 -
1984 - - $650 -
1983 - - $725 -
1982 - - $710 -
1981 - - $729 -
1980 - - $711 -
1979 - - $664 -
1978 - - $578 -
1977 - - $590 -
1976 - - $589 -
1975 - - $551 -
1974 - - $494 -
1973 - - $410 -
1972 - - $335 -
1971 - - $296 -
1970 - - $281.3 -
1969 - - $276.6 -
1968 - - $301 -
1967 - - $281.5 -
1966 - - $273.6 -
1965 - - $270 -
1964 - - $244.3 -
1963 - - $188.2 -
1962 - - $189 -
1961 - - $188.2 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

Lithuania's GDP per capita is $29,384, ranking 43/197, compared to $2,110 in Mauritania, ranking 156/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Mauritania ranks 147th at $7,369.

Economic indicators

Lithuania Mauritania
Gross domestic product
$84.9B
2024
$10.9B
2024
GDP rank
79/197
2024
153/197
2024
GDP growth
2.77%
2023-2024
6.31%
2023-2024
GDP per capita
$29,384
2024
$2,110
2024
GDP per capita rank
43/197
2024
156/197
2024
GDP per capita, PPP
$55,286
2024
$7,369
2024
GDP per capita PPP rank
39/197
2024
147/197
2024
Government debt
$32.4B
2024
$4.67B
2024
Debt-to-GDP ratio
38.2%
2024
42.8%
2024
Government debt per person
$11,232
2024
$904
2024
Government debt per person rank
49/185
2024
145/185
2024
Average annual personal income after taxes
$19,946
2026
$2,078
2026
Income share by richest 10%
27.3%
2023
24.6%
2019
Income share by poorest 10%
2.2%
2023
3.1%
2019
Government expenditure, % of GDP
39.5%
2024
23.6%
2024
Consumer prices inflation
0.72%
2023-2024
2.49%
2023-2024
Unemployment rate
7.1%
2024
10.4%
2019
Population
2829914
5505206

Spending and national debt comparison by year

Lithuania
Spending

Debt
Mauritania
Spending

Debt
1x
Year % of GDP
Lithuania Mauritania
Government spending Government debt Government spending Government debt
2024 39.5% 38.2% 23.6% 42.8%
2023 37.4% 37.3% 24.8% 47.1%
2022 36.3% 38.1% 28.7% 50.5%
2021 37.3% 43.3% 20.8% 54.5%
2020 42.4% 45.9% 18.5% 56.5%
2019 34.6% 35.6% 17.8% 57.7%
2018 33.8% 33.3% 19% 59.2%
2017 33.4% 39.3% 20.3% 55.7%
2016 34.5% 40% 20.8% 57.6%
2015 35.2% 42.6% 25.7% 59.9%
2014 35% 40.7% 23.9% 49.5%
2013 35.7% 38.9% 20.1% 40.7%
2012 36.6% 39.9% 21.5% 39.3%
2011 40.1% 37.5% 17% 38.8%
2010 43% 36.7% 17.3% 43.9%
2009 44.8% 27.9% 19.6% 54.3%
2008 38.2% 14.6% 19.8% 57.2%
2007 35.3% 15.9% 19.7% 61.5%
2006 34.4% 17.3% 19% 38%
2005 34.1% 17.6% 21.3% 71.1%
2004 33.9% 18.6% 23.9% 22%
2003 32.8% 20.4% - 22.9%
2002 34.4% 22.1% - 59.5%
2001 36.5% 22.9% - 63.5%
2000 38.7% 23.5% - 55.5%
1999 42.4% 28% - -
1998 39.6% 21.7% - -
1997 35% - - -
1996 34.4% - - -
1995 35.5% - - -

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

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

In 2024, Lithuania's government spending was $33.5B, accounting for 39.5% of its GDP, while Mauritania spent $2.57B, or 23.6% of GDP.

Debt-to-GDP ratio is 38.2% in Lithuania and 42.8% in Mauritania, ranking 139/185 and 126/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Mauritania
1x
Year Deficit/surplus, % of GDP
Lithuania Mauritania
2024 -1.28% -1.35%
2023 -0.69% -2.45%
2022 -0.72% -3.09%
2021 -1.15% 2.6%
2020 -6.42% 2.78%
2019 0.41% 2.65%
2018 0.52% 3.23%
2017 0.36% 0.53%
2016 0.03% 0.13%
2015 -0.77% -2.44%
2014 -1.79% -2.64%
2013 -2.69% -0.66%
2012 -3.15% 1.67%
2011 -5.92% 0.07%
2010 -6.95% -0.45%
2009 -9.09% -3.59%
2008 -3.09% -3.32%
2007 -0.82% -1.38%
2006 -0.27% 2.05%
2005 -0.34% -3.16%
2004 -1.39% -3.06%
2003 -1.26% -
2002 -1.85% -
2001 -3.52% -
2000 -3.18% -
1999 -7.82% -
1998 -4.93% -
1997 -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/lithuania/mauritania | CC BY

In 2024, Lithuania's government deficit, the difference between spending and revenue, was $1.09B, equivalent to 1.28% of GDP. This compares to Mauritania's deficit of $148M, or 1.35% of GDP.

Over the past 21 years, Lithuania recorded a fiscal deficit in 17 of those years, while Mauritania ran a deficit in 12 years. On average, Lithuania posted an annual deficit equal to 2.15% of GDP, compared to deficit of 0.57% of GDP for Mauritania.

Inflation comparison by year

Inflation
Lithuania

Mauritania
1x
Year Consumer prices inflation
Lithuania Mauritania
2024 0.72% 2.49%
2023 9.12% 4.95%
2022 19.7% 9.53%
2021 4.68% 3.57%
2020 1.2% 2.39%
2019 2.33% 2.3%
2018 2.7% 3.07%
2017 3.72% 2.25%
2016 0.91% 1.47%
2015 -0.88% 3.25%
2014 0.1% 3.53%
2013 1.05% 4.13%
2012 3.09% 4.9%
2011 4.13% 5.69%
2010 1.32% 6.28%
2009 4.45% 2.22%
2008 10.9% 7.35%
2007 5.74% 7.25%
2006 3.74% 6.24%
2005 2.66% 12.1%
2004 1.16% 10.4%
2003 -1.13% 5.15%
2002 0.28% 3.9%
2001 1.37% 4.71%
2000 0.98% 3.25%
1999 0.73% 4.07%
1998 5.07% 8.03%
1997 8.88% 4.63%

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

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

Over the past 28 years, Lithuania has recorded an average annual inflation rate of 3.53%, compared with 4.97% in Mauritania. In 2024, inflation was 0.72% in Lithuania and 2.49% in Mauritania.

Top exports between countries

Lithuania
Export category Export value
Raw agricultural goods $9.14M
Machinery & equipment $756K
Processed food, beverages & tobacco $688K
Raw materials & minerals $360K
Animal & marine products $244K
Textiles & consumer goods $21K
Chemicals & pharma $11K
Metals $1K
Miscellaneous $1K
Mauritania
Export category Export value
Animal & marine products $362K
Processed food, beverages & tobacco $104K

Balance of trade

Lithuania Mauritania
Current account balance
$2.77B
2024
-$1.04B
2024
Current account balance ranking
41/190
2024
124/190
2024
Current account balance, % of GDP
+3.27%
2024
-9.53%
2024
Goods imports
$43.8B
2024
$4.32B
2024
Goods exports
$38.9B
2024
$3.83B
2024
Service imports
$14.7B
2024
$1.05B
2024
Service exports
$24.3B
2024
$230M
2024
Imports of goods and services, % of GDP
68.9%
2024
52.2%
2024
Exports of goods and services, % of GDP
74.1%
2024
41.4%
2024

Economic freedom indices

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

Lithuania Mauritania
Economic freedom 75.3 53.9
Economic freedom ranking 18/197 136/197
Property rights 91.8 32.6
Government integrity 71.4 24.5
Judicial effectiveness 73.2 26.4
Tax burden 76.2 75.5
Government spending 57.3 80.2
Fiscal health 95.8 87.9
Business freedom 84.2 38.7
Labor freedom 58.1 53.6
Monetary freedom 76.7 77.8
Trade freedom 79.4 59.6
Investment freedom 70 50
Financial freedom 70 40

Economic freedom comparison by year

Lithuania
Mauritania
1x
Year Economic freedom index
Lithuania Mauritania
2026 75.3 53.9
2025 74.6 54.9
2024 72.9 55.3
2023 72.2 55.3
2022 75.8 55.3
2021 76.9 56.1
2020 76.7 55.3
2019 74.2 55.7
2018 75.3 54
2017 75.8 54.4
2016 75.2 54.8
2015 74.7 53.3
2014 73 53.2
2013 72.1 52.3
2012 71.5 53
2011 71.3 52.1
2010 70.3 52
2009 70 53.9
2008 70.9 55.2
2007 71.5 53.6
2006 71.8 55.7
2005 70.5 59.4
2004 72.4 61.8
2003 69.7 59
2002 66.1 52.5
2001 65.5 48.5
2000 61.9 46
1999 61.5 42.8
1998 59.4 43.7
1997 57.3 47
1996 49.7 45.5

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

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

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 53.9 for Mauritania, ranking 136/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Mauritania
Services, % of GDP
63.6%
2024
42.4%
2024
Industry, % of GDP
23.4%
2024
30.5%
2024
Agriculture, forestry, and fishing, % of GDP
2.57%
2024
19.3%
2024
GNI, Atlas method
$78.4B
2024
$11B
2024
GNI per capita, PPP
$53,920
2024
$7,300
2024
Total reserves including gold
$7.41B
2024
$2.04B
2021
Total reserves ranking
86/177
2024
126/177
2021
Net foreign direct investment
-$3.91B
2024
-$1.44B
2024
Net inflows of foreign direct investment
$4.7B
2024
$1.44B
2024
Net outflows of foreign direct investment
$795M
2024
$3.9M
2024
Servicing debt to the IMF, % of GNI n/a
3.82%
2024
Poverty at national poverty lines
20.9%
2021
31.8%
2019
Gross capital formation, % of GDP
20.4%
2024
43.1%
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/lithuania/mauritania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, 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.