Lithuania vs Palau: Economic Indicators Comparison

Lithuania with a GDP of $53.4B ranked the 83rd largest economy in the world, while Palau ranked 192nd with $284M. By GDP per capita, Lithuania and Palau ranked 49th vs 60th, respectively.

Gross Domestic Product & Income

Stat	Lithuania	Palau
GDP	$53.4B	$284M
GDP growth, 1 year	3.4%	1.71%
GDP growth, 5-years average	3.1%	N/A
Population	2.8M	22k
GDP per capita	$19k	$16k
GDP per capita growth	5.09%	1.14%
Purchasing Power Parity conversion factor	0.46	0.86
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.86
GDP per capita, PPP adjusted	$35k	$19k
GNI, Atlas method	$48.6B	$309.4M
GNI per capita	$17k	$17k
GNI, PPP adjusted	$95.7B	$349.4M
GNI per capita, PPP adjusted	$34k	$20k

Financial system and Human development

Stat	Lithuania	Palau
Income Tax Rate	20%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	2.5%	1.3%
Inflation, GDP deflator	3.3%	-2.5%
Unemployment	6%	1.4%
Economic Freedom Index	76.7	62
Personal Freedom Index	8.57	6.4
Human Freedom Index	7.94	6.4
Property Rights Index	77.9	N/A
Judical Effectiveness Index	62.1	N/A
Business Freedom Index	71.9	N/A
Fiscal Health Index	97.4	N/A
Labor Freedom Index	76.5	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	79.7	N/A
Government Spending Index	66	N/A
Tax Burden Index	84.9	N/A
Government Integrity Index	67.4	N/A
Corruption Perceptions Index	59	49
Life expectancy at birth, years	74.7	69.1
Suicide mortality rate, per 100,000 people	31.9	21.7
Mortality caused by road traffic injury, per 100,000 people	8	4.8
Intentional homicides, per 100,000 people	4.5	3.1
International tourism, number of arrivals	2.8M	106k

Government debt & reserves

Stat	Lithuania	Palau
Central government debt, % of GDP	35.9%	67.5%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	3.4%	N/A
Gross savings, % of GDP	20.3%	10.7%
Gross capital formation, % of GDP	19.8%	26.7%
Total reserves including gold	$5.8B	N/A
Foreign direct investment net inflows	$867.7M	$21.5M

Exports, imports and economic structure

Stat	Lithuania	Palau
Exports of goods and services, % of GDP	75.6%	47%
Imports of goods and services, % of GDP	73.7%	76.3%
Current account balance (balance of payments)	$817.6M	-$51.8M
Revenue excluding grants, % of GDP	31.2%	27.3%
Grants excluding technical cooperation, BoP	$236.8M	$81.2M
Personal remittances received	$1.4B	$2.2M
Industry including construction value added, % of GDP	25.5%	8%
Agriculture, forestry and fishing value added, % of GDP	2.9%	3.2%
Charges for the use of intellectual property, payments BoP	$61.7M	N/A
Charges for the use of intellectual property, receipts BoP	$31.1M	N/A
Expense, % of GDP	31.1%	41.4%
Government Expenditure, % of GDP	33.7%	N/A