Lithuania vs the Palestine: Economic Indicators Comparison

Lithuania with a GDP of $53.4B ranked the 83rd largest economy in the world, while the Palestine ranked 125th with $14.6B. By GDP per capita, Lithuania and the Palestine ranked 49th vs 132nd, respectively.

Gross Domestic Product & Income

Stat	Lithuania	Palestine
GDP	$53.4B	$14.6B
GDP growth, 1 year	3.4%	0.91%
GDP growth, 5-years average	3.1%	N/A
Population	2.8M	4.7M
GDP per capita	$19k	$3.2k
GDP per capita growth	5.09%	-1.62%
Purchasing Power Parity conversion factor	0.46	2.23
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.62
GDP per capita, PPP adjusted	$35k	$5.2k
GNI, Atlas method	$48.6B	$17B
GNI per capita	$17k	$3.7k
GNI, PPP adjusted	$95.7B	$27.4B
GNI per capita, PPP adjusted	$34k	$6k

Financial system and Human development

Stat	Lithuania	Palestine
Income Tax Rate	20%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	2.5%	-0.2%
Inflation, GDP deflator	3.3%	-0.1%
Unemployment	6%	26.3%
Economic Freedom Index	76.7	30
Personal Freedom Index	8.57	4.1
Human Freedom Index	7.94	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	18
Life expectancy at birth, years	74.7	73.7
Suicide mortality rate, per 100,000 people	31.9	4.3
Mortality caused by road traffic injury, per 100,000 people	8	19.5
Intentional homicides, per 100,000 people	4.5	0.7
International tourism, number of arrivals	2.8M	606k

Government debt & reserves

Stat	Lithuania	Palestine
Central government debt, % of GDP	35.9%	N/A
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%	12.6%
Gross capital formation, % of GDP	19.8%	24.2%
Total reserves including gold	$5.8B	$537.8M
Foreign direct investment net inflows	$867.7M	$262.5M

Exports, imports and economic structure

Stat	Lithuania	Palestine
Exports of goods and services, % of GDP	75.6%	19.9%
Imports of goods and services, % of GDP	73.7%	59.7%
Current account balance (balance of payments)	$817.6M	-$1.7B
Revenue excluding grants, % of GDP	31.2%	6.9%
Grants excluding technical cooperation, BoP	$236.8M	$2.1B
Personal remittances received	$1.4B	$2.5B
Industry including construction value added, % of GDP	25.5%	19.6%
Agriculture, forestry and fishing value added, % of GDP	2.9%	3.2%
Charges for the use of intellectual property, payments BoP	$61.7M	$1.4M
Charges for the use of intellectual property, receipts BoP	$31.1M	$1.6k
Expense, % of GDP	31.1%	8.3%
Government Expenditure, % of GDP	33.7%	N/A