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Economy of Lithuania vs Peru compared: GDP & Debt

Updated on by Georank

Lithuania has a GDP of $95.2B compared to $335B for Peru, ranking 79/197 and 47/197 by economy size, respectively.

Lithuania has $37.9B in government debt (39.8% of GDP), compared to $101B (30.2% of GDP) in Peru.

Lithuania vs Peru GDP by year

Lithuania
Peru
1x
Year GDP, current $
Lithuania Peru
2025 $95,210,150,818 $334,854,659,182
2024 $85,503,938,574 $291,751,523,019
2023 $80,356,613,555 $268,025,009,709
2022 $70,639,687,326 $246,169,867,863
2021 $67,072,165,721 $226,406,075,009
2020 $57,412,038,533 $201,409,694,756
2019 $55,122,066,226 $228,346,006,004
2018 $54,261,795,149 $222,597,009,739
2017 $47,756,764,508 $211,007,984,081
2016 $42,970,749,245 $191,898,104,390
2015 $41,540,954,817 $189,802,976,286
2014 $48,306,546,657 $200,786,250,583
2013 $46,303,660,422 $201,175,543,571
2012 $42,709,372,067 $192,650,021,649
2011 $43,186,501,863 $171,761,737,047
2010 $36,638,128,534 $147,527,631,521
2009 $37,494,380,039 $120,822,986,521
2008 $47,831,254,208 $120,550,599,815
2007 $39,729,151,615 $102,170,981,144
2006 $30,116,192,747 $88,643,193,062
2005 $26,105,207,115 $76,060,606,061
2004 $22,743,164,431 $66,768,703,498
2003 $18,809,197,970 $58,731,030,122
2002 $14,282,292,665 $54,777,553,515
2001 $12,260,761,329 $52,030,158,775
2000 $11,550,695,727 $51,744,749,133
1999 $11,022,095,814 $50,187,324,568
1998 $11,289,161,847 $55,501,467,877
1997 $10,168,271,903 $58,147,522,523
1996 $8,430,207,164 $55,252,414,130
1995 $7,921,210,340 $53,312,793,687
1994 - $44,882,079,767
1993 - $34,832,077,221
1992 - $35,966,302,303
1991 - $34,341,465,998
1990 - $26,410,386,963
1989 - $22,499,558,526
1988 - $15,439,408,447
1987 - $36,889,706,593
1986 - $21,859,448,586
1985 - $15,078,736,875
1984 - $17,600,400,385
1983 - $17,345,260,564
1982 - $21,794,535,621
1981 - $21,648,214,893
1980 - $18,136,838,538
1979 - $15,954,012,439
1978 - $12,491,876,743
1977 - $14,544,913,961
1976 - $16,131,958,851
1975 - $16,931,162,355
1974 - $13,858,441,211
1973 - $10,994,381,895
1972 - $9,189,413,409
1971 - $8,289,582,884
1970 - $7,432,223,177
1969 - $6,420,909,790
1968 - $5,736,083,835
1967 - $6,194,340,080
1966 - $6,109,048,737
1965 - $5,163,008,077
1964 - $4,353,664,867
1963 - $3,598,272,493
1962 - $3,284,322,201
1961 - $2,897,852,693
1960 - $2,571,986,572

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Lithuania vs Peru by year

Lithuania
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,959 - $9,684 -
2024 $29,604 $55,286 $8,526 $17,802
2023 $27,983 $52,348 $7,919 $17,011
2022 $24,947 $50,936 $7,354 $16,669
2021 $23,883 $45,874 $6,829 $15,281
2020 $20,429 $41,263 $6,133 $12,563
2019 $19,609 $40,564 $7,037 $13,564
2018 $19,247 $36,492 $6,978 $13,078
2017 $16,800 $31,305 $6,736 $12,592
2016 $14,934 $28,699 $6,217 $12,067
2015 $14,270 $26,949 $6,232 $11,600
2014 $16,446 $26,275 $6,667 $11,518
2013 $15,637 $24,890 $6,747 $11,291
2012 $14,288 $23,275 $6,519 $10,757
2011 $14,262 $21,558 $5,861 $10,463
2010 $11,829 $18,719 $5,072 $9,713
2009 $11,854 $17,055 $4,181 $8,917
2008 $14,956 $19,410 $4,198 $8,820
2007 $12,295 $17,969 $3,581 $7,982
2006 $9,210 $15,522 $3,130 $7,214
2005 $7,857 $13,951 $2,707 $6,560
2004 $6,735 $12,605 $2,397 $6,038
2003 $5,507 $11,660 $2,129 $5,657
2002 $4,148 $10,296 $2,007 $5,383
2001 $3,533 $9,399 $1,930 $5,086
2000 $3,301 $8,475 $1,945 $5,012
1999 $3,128 $7,918 $1,917 $4,847
1998 $3,181 $7,846 $2,156 $4,791
1997 $2,844 $7,167 $2,301 $4,844
1996 $2,341 $6,479 $2,227 $4,556
1995 $2,183 $6,023 $2,190 $4,435
1994 - $5,667 $1,879 $4,123
1993 - $6,107 $1,488 $3,666
1992 - $7,087 $1,567 $3,472
1991 - $8,790 $1,527 $3,484
1990 - $9,030 $1,200 $3,367
1989 - - $1,045 -
1988 - - $733 -
1987 - - $1,792 -
1986 - - $1,087 -
1985 - - $767 -
1984 - - $918 -
1983 - - $927 -
1982 - - $1,194 -
1981 - - $1,216 -
1980 - - $1,045 -
1979 - - $942 -
1978 - - $756 -
1977 - - $903 -
1976 - - $1,026 -
1975 - - $1,104 -
1974 - - $927 -
1973 - - $754 -
1972 - - $647 -
1971 - - $599 -
1970 - - $550 -
1969 - - $488 -
1968 - - $448 -
1967 - - $498 -
1966 - - $505 -
1965 - - $439 -
1964 - - $381 -
1963 - - $324 -
1962 - - $305 -
1961 - - $276.6 -
1960 - - $252.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Lithuania's GDP per capita is $32,959, ranking 39/197, compared to $9,684 in Peru, ranking 90/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Peru ranks 104th at $17,802.

Economic indicators

Lithuania Peru
Gross domestic product
$95.2B
2025
$335B
2025
GDP rank
79/197
2025
47/197
2025
GDP growth
2.92%
2024-2025
3.43%
2024-2025
GDP per capita
$32,959
2025
$9,684
2025
GDP per capita rank
39/197
2025
90/197
2025
GDP per capita, PPP
$55,286
2024
$17,802
2024
GDP per capita PPP rank
39/197
2024
104/197
2024
Government debt
$37.9B
2025
$101B
2025
Debt-to-GDP ratio
39.8%
2025
30.2%
2025
Government debt per person
$13,127
2025
$2,927
2025
Government debt per person rank
49/185
2025
107/185
2025
Average annual personal income after taxes
$20,453
2026
$7,143
2026
Market capitalization of domestic companies n/a
$105B
2025
Income share by richest 10%
27.3%
2023
30.3%
2024
Income share by poorest 10%
2.2%
2023
2%
2024
Government expenditure, % of GDP
41.2%
2025
21.4%
2025
Consumer prices inflation
3.79%
2024-2025
1.53%
2024-2025
Central bank interest rate n/a
4.25%
2025
Unemployment rate
6.9%
2025
4.32%
2025
Population
2845693
35105331

Spending and national debt comparison by year

Lithuania
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Lithuania Peru
Government spending Government debt Government spending Government debt
2025 41.2% 39.8% 21.4% 30.2%
2024 39.4% 38% 22.2% 32.1%
2023 37.2% 37.1% 22.1% 32.4%
2022 36.6% 38.3% 23.1% 33.5%
2021 37.3% 43.3% 23.1% 35.5%
2020 42.4% 45.9% 25.7% 34.3%
2019 34.6% 35.6% 20.8% 26.5%
2018 33.8% 33.3% 21% 25.7%
2017 33.4% 39.1% 20.6% 24.8%
2016 34.5% 39.8% 20.5% 23.9%
2015 35.2% 42.4% 22% 23.7%
2014 35% 40.7% 22.4% 20.5%
2013 35.7% 38.9% 21.5% 19.9%
2012 36.6% 39.9% 20.3% 20.7%
2011 40.1% 37.5% 19.8% 23.1%
2010 43% 36.7% 21% 25.1%
2009 44.8% 27.9% 21.3% 28.2%
2008 38.2% 14.6% 19.9% 28.1%
2007 35.3% 15.9% 18.6% 31.9%
2006 34.4% 17.3% 19.2% 34.9%
2005 34.1% 17.6% 20.4% 40.4%
2004 33.9% 18.6% 19.6% 46.7%
2003 32.8% 20.4% 20.1% 49.4%
2002 34.4% 22.1% 19.6% 45.5%
2001 36.5% 22.9% 20.9% 43.8%
2000 38.7% 23.5% 21.7% 44.9%
1999 42.4% 28% 17.8% 41.1%
1998 39.6% 21.7% 16.3% 36.8%
1997 35.1% - 15.6% 34.5%
1996 34.4% - 16.5% 37.4%
1995 35.5% - 17.5% 36.8%
1994 - - 16.9% 41.9%
1993 - - 18.2% 49.9%
1992 - - 19.1% 46.8%
1991 - - 15.7% 48.3%
1990 - - 20.4% 56.3%
1989 - - 12.1% 34.9%
1988 - - 12.8% 42.8%
1987 - - 15.5% 39.1%
1986 - - 16.6% 48.6%
1985 - - 17.2% 63.4%
1984 - - 18.3% 56.7%
1983 - - 19.4% 56.2%
1982 - - 17.6% 34.2%
1981 - - 18.4% 30.6%
1980 - - 19.3% 36.3%
1979 - - 16.4% 45.9%
1978 - - 19% 56%
1977 - - 19.4% 44.8%
1976 - - 21.1% 34.5%
1975 - - 19.8% 27%
1974 - - 17.7% 24%
1973 - - 19.5% 22.6%
1972 - - 15.3% 20.6%
1971 - - 15% 19%
1970 - - 14.3% 20%
1969 - - 16.4% -
1968 - - 18.4% 15.2%
1967 - - 19.1% 12.1%
1966 - - 18.6% 17%
1965 - - 18.7% 14.5%
1964 - - 16.9% 14.1%
1963 - - 16.2% -
1962 - - 14.6% -
1961 - - 14.8% 16%
1960 - - 13.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Lithuania's government spending was $39.2B, accounting for 41.2% of its GDP, while Peru spent $71.7B, or 21.4% of GDP.

Debt-to-GDP ratio is 39.8% in Lithuania and 30.2% in Peru, ranking 135/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Peru
1x
Year Deficit/surplus, % of GDP
Lithuania Peru
2025 -2.18% -2.36%
2024 -1.28% -3.53%
2023 -0.66% -2.74%
2022 -0.72% -1.38%
2021 -1.15% -2.49%
2020 -6.42% -8.19%
2019 0.41% -1.37%
2018 0.52% -1.94%
2017 0.36% -2.79%
2016 0.03% -2.12%
2015 -0.77% -2.02%
2014 -1.79% -0.19%
2013 -2.69% 0.75%
2012 -3.15% 2.07%
2011 -5.92% 2.05%
2010 -6.95% -0.02%
2009 -9.09% -1.48%
2008 -3.09% 2.48%
2007 -0.82% 3.35%
2006 -0.27% 2.03%
2005 -0.34% -0.44%
2004 -1.39% -1.03%
2003 -1.26% -1.62%
2002 -1.85% -1.4%
2001 -3.52% -2.15%
2000 -3.18% -2.12%
1999 -7.82% -2.93%
1998 -4.93% -0.2%
1997 -0.76% 0.47%
1996 -3.58% -0.25%
1995 -3.31% -2.05%
1994 - -1.9%
1993 - -2.82%
1992 - -3.55%
1991 - -1.98%
1990 - -7.99%
1989 - -1.3%
1988 - -3.57%
1987 - -6.26%
1986 - -4.08%
1985 - -2.41%
1984 - -4.45%
1983 - -7.52%
1982 - -3.22%
1981 - -3.98%
1980 - -2.36%
1979 - -0.54%
1978 - -5.07%
1977 - -6.52%
1976 - -8.37%
1975 - -6.54%
1974 - -4.47%
1973 - -6.68%
1972 - -2.04%
1971 - -1.89%
1970 - -0.42%
1969 - -1.1%
1968 - -3.28%
1967 - -3.76%
1966 - -5.41%
1965 - -4.79%
1964 - -3.37%
1963 - -1.86%
1962 - 2.16%
1961 - 2.46%
1960 - 3.32%
1959 - -1.46%
1958 - -2.63%
1957 - -2.23%
1956 - -0.93%
1955 - 0.06%
1954 - -0.66%
1953 - -2.35%
1952 - 0.04%
1951 - 0.61%
1950 - 0.08%
1949 - 0.26%
1948 - -0.84%
1947 - -0.54%
1946 - -1.39%
1945 - 0%
1944 - 0%
1943 - 0.18%
1942 - -2.38%
1941 - -1.76%
1940 - 0.27%
1939 - -1.01%
1938 - -1.57%
1937 - 0.18%
1936 - 0.18%
1935 - 0.09%
1934 - 0.11%
1933 - 0.02%
1932 - -0.57%
1931 - -0.28%
1930 - -0.67%
1929 - 0.008%
1928 - -1.88%
1927 - 0%
1926 - -1.84%
1925 - -1.69%
1924 - -1.31%
1923 - -0.85%
1922 - -1.24%
1921 - -1.53%
1920 - -0.4%
1919 - -0.26%
1918 - -0.34%
1917 - -0.25%
1916 - 0.27%
1915 - -0.74%
1914 - -1.59%
1913 - -3.04%
1912 - -0.45%
1911 - 0.32%
1910 - 0.16%
1909 - -0.33%
1908 - -0.18%
1907 - 0.18%
1906 - 0.38%
1905 - 0.2%
1904 - 0.22%
1903 - 0.24%
1902 - 0.26%
1901 - 0.26%
1900 - 0%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Lithuania's government deficit, the difference between spending and revenue, was $2.08B, equivalent to 2.18% of GDP. This compares to Peru's deficit of $7.9B, or 2.36% of GDP.

Over the past 31 years, Lithuania recorded a fiscal deficit in 27 of those years, while Peru ran a deficit in 24 years. On average, Lithuania posted an annual deficit equal to 2.5% of GDP, compared to deficit of 1.08% of GDP for Peru.

Inflation comparison by year

Inflation
Lithuania

Peru
1x
Year Consumer prices inflation
Lithuania Peru
2025 3.79% 1.53%
2024 0.72% 2.01%
2023 9.12% 6.46%
2022 19.7% 8.33%
2021 4.68% 4.27%
2020 1.2% 2%
2019 2.33% 2.25%
2018 2.7% 1.51%
2017 3.72% 2.99%
2016 0.91% 3.56%
2015 -0.88% 3.4%
2014 0.1% 3.41%
2013 1.05% 2.77%
2012 3.09% 3.61%
2011 4.13% 3.37%
2010 1.32% 1.53%
2009 4.45% 2.94%
2008 10.9% 5.79%
2007 5.74% 1.78%
2006 3.74% 2%
2005 2.66% 1.62%
2004 1.16% 3.66%
2003 -1.13% 2.26%
2002 0.28% 0.19%
2001 1.37% 1.98%
2000 0.98% 3.76%
1999 0.73% 3.47%
1998 5.07% 7.25%
1997 8.88% 8.56%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Lithuania has recorded an average annual inflation rate of 3.54%, compared with 3.39% in Peru. In 2025, inflation was 3.79% in Lithuania and 1.53% in Peru.

Top exports between countries

Lithuania
Export category Export value
Machinery & equipment $5.96M
Raw materials & minerals $2.12M
Animal & marine products $879K
Metals $454K
Raw agricultural goods $386K
Textiles & consumer goods $358K
Processed food, beverages & tobacco $118K
Miscellaneous $113K
Wood & paper products $85K
Chemicals & pharma $73K
Peru
Export category Export value
Animal & marine products $7.64M
Raw agricultural goods $2.83M
Processed food, beverages & tobacco $1.46M
Chemicals & pharma $730K
Textiles & consumer goods $524K
Metals $237K
Raw materials & minerals $227K
Machinery & equipment $83K
Precious metals & jewellery $6K

Balance of trade

Lithuania Peru
Current account balance
$900M
2025
$12B
2025
Current account balance ranking
51/190
2025
23/190
2025
Current account balance, % of GDP
+0.94%
2025
+3.58%
2025
Goods imports
$48.3B
2025
$58.6B
2025
Goods exports
$40.7B
2025
$94B
2025
Service imports
$17.5B
2025
$15.9B
2025
Service exports
$28.8B
2025
$7.64B
2025
Imports of goods and services, % of GDP
69.1%
2025
21.8%
2025
Exports of goods and services, % of GDP
73%
2025
30%
2025

Economic freedom indices

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

Lithuania Peru
Economic freedom 75.3 66.3
Economic freedom ranking 18/197 62/197
Property rights 91.8 44
Government integrity 71.4 35
Judicial effectiveness 73.2 47.8
Tax burden 76.2 79.4
Government spending 57.3 84.8
Fiscal health 95.8 87.4
Business freedom 84.2 73.1
Labor freedom 58.1 64.7
Monetary freedom 76.7 77.6
Trade freedom 79.4 81.6
Investment freedom 70 60
Financial freedom 70 60

Economic freedom comparison by year

Lithuania
Peru
1x
Year Economic freedom index
Lithuania Peru
2026 75.3 66.3
2025 74.6 65.9
2024 72.9 64.8
2023 72.2 66.5
2022 75.8 66.5
2021 76.9 67.7
2020 76.7 67.9
2019 74.2 67.8
2018 75.3 68.7
2017 75.8 68.9
2016 75.2 67.4
2015 74.7 67.7
2014 73 67.4
2013 72.1 68.2
2012 71.5 68.7
2011 71.3 68.6
2010 70.3 67.6
2009 70 64.6
2008 70.9 63.8
2007 71.5 62.7
2006 71.8 60.5
2005 70.5 61.3
2004 72.4 64.7
2003 69.7 64.6
2002 66.1 64.8
2001 65.5 69.6
2000 61.9 68.7
1999 61.5 69.2
1998 59.4 65
1997 57.3 63.8
1996 49.7 62.5
1995 - 56.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 66.3 for Peru, ranking 62/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Peru
Services, % of GDP
64.8%
2025
50.9%
2024
Industry, % of GDP
22.1%
2025
34.3%
2024
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
7.47%
2024
GNI, Atlas method
$88.1B
2025
$291B
2025
GNI per capita, PPP
$55,010
2025
$17,540
2025
Total reserves including gold
$7.06B
2025
$90.4B
2025
Total reserves ranking
90/177
2025
32/177
2025
Net foreign direct investment
-$2.96B
2025
-$8.93B
2025
Net inflows of foreign direct investment
$4.7B
2024
$6.7B
2024
Net outflows of foreign direct investment
$795M
2024
$1.14B
2024
Servicing debt to the IMF, % of GNI n/a
5.54%
2024
Poverty at national poverty lines
20.9%
2021
27.6%
2024
Gross capital formation, % of GDP
22.2%
2025
20.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.