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Economy of Lithuania vs Poland compared: GDP & Debt

Updated on by Georank

Lithuania has a GDP of $95.2B compared to $1.04T for Poland, ranking 79/197 and 21/197 by economy size, respectively.

Lithuania has $37.9B in government debt (39.8% of GDP), compared to $609B (58.8% of GDP) in Poland.

Lithuania vs Poland GDP by year

Lithuania
Poland
1x
Year GDP, current $
Lithuania Poland
2025 $95,210,150,818 $1,035,491,784,197
2024 $85,503,938,574 $917,767,106,147
2023 $80,356,613,555 $812,451,193,396
2022 $70,639,687,326 $695,607,470,875
2021 $67,072,165,721 $689,170,230,665
2020 $57,412,038,533 $605,914,237,904
2019 $55,122,066,226 $602,683,770,145
2018 $54,261,795,149 $594,616,632,477
2017 $47,756,764,508 $528,356,723,263
2016 $42,970,749,245 $473,259,623,976
2015 $41,540,954,817 $480,054,118,583
2014 $48,306,546,657 $542,134,167,179
2013 $46,303,660,422 $518,179,836,405
2012 $42,709,372,067 $498,148,649,703
2011 $43,186,501,863 $527,848,543,023
2010 $36,638,128,534 $478,111,630,684
2009 $37,494,380,039 $440,891,472,247
2008 $47,831,254,208 $535,612,030,672
2007 $39,729,151,615 $429,715,132,138
2006 $30,116,192,747 $345,897,630,736
2005 $26,105,207,115 $306,999,913,151
2004 $22,743,164,431 $256,268,656,145
2003 $18,809,197,970 $218,561,225,998
2002 $14,282,292,665 $199,694,463,256
2001 $12,260,761,329 $191,823,200,371
2000 $11,550,695,727 $172,953,527,033
1999 $11,022,095,814 $170,704,452,715
1998 $11,289,161,847 $175,282,269,667
1997 $10,168,271,903 $159,893,964,917
1996 $8,430,207,164 $160,813,026,223
1995 $7,921,210,340 $142,838,527,115
1994 - $110,803,635,288
1993 - $96,043,157,273
1992 - $94,337,050,693
1991 - $85,500,935,935
1990 - $65,977,748,211

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

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

GDP per capita in Lithuania vs Poland by year

Lithuania
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,959 - $28,420 -
2024 $29,604 $55,286 $25,104 $51,263
2023 $27,983 $52,348 $22,145 $48,473
2022 $24,947 $50,936 $18,891 $46,778
2021 $23,883 $45,874 $18,636 $41,060
2020 $20,429 $41,263 $16,151 $37,089
2019 $19,609 $40,564 $15,875 $35,882
2018 $19,247 $36,492 $15,658 $32,345
2017 $16,800 $31,305 $13,913 $30,170
2016 $14,934 $28,699 $12,464 $28,360
2015 $14,270 $26,949 $12,638 $26,988
2014 $16,446 $26,275 $14,262 $25,460
2013 $15,637 $24,890 $13,622 $24,434
2012 $14,288 $23,275 $13,087 $23,728
2011 $14,262 $21,558 $13,868 $22,809
2010 $11,829 $18,719 $12,568 $20,991
2009 $11,854 $17,055 $11,556 $19,300
2008 $14,956 $19,410 $14,049 $18,372
2007 $12,295 $17,969 $11,273 $16,833
2006 $9,210 $15,522 $9,069 $15,205
2005 $7,857 $13,951 $8,044 $13,936
2004 $6,735 $12,605 $6,712 $13,413
2003 $5,507 $11,660 $5,721 $12,329
2002 $4,148 $10,296 $5,223 $11,841
2001 $3,533 $9,399 $5,015 $11,175
2000 $3,301 $8,475 $4,521 $10,721
1999 $3,128 $7,918 $4,416 $10,081
1998 $3,181 $7,846 $4,534 $9,521
1997 $2,844 $7,167 $4,137 $8,967
1996 $2,341 $6,479 $4,164 $8,310
1995 $2,183 $6,023 $3,701 $7,715
1994 - $5,667 $2,875 $7,040
1993 - $6,107 $2,497 $6,560
1992 - $7,087 $2,459 $6,193
1991 - $8,790 $2,236 $5,925
1990 - $9,030 $1,731 $6,185

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

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

Lithuania's GDP per capita is $32,959, ranking 39/197, compared to $28,420 in Poland, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Poland ranks 43rd at $51,263.

Economic indicators

Lithuania Poland
Gross domestic product
$95.2B
2025
$1.04T
2025
GDP rank
79/197
2025
21/197
2025
GDP growth
2.92%
2024-2025
3.57%
2024-2025
GDP per capita
$32,959
2025
$28,420
2025
GDP per capita rank
39/197
2025
47/197
2025
GDP per capita, PPP
$55,286
2024
$51,263
2024
GDP per capita PPP rank
39/197
2024
43/197
2024
Government debt
$37.9B
2025
$609B
2025
Debt-to-GDP ratio
39.8%
2025
58.8%
2025
Government debt per person
$13,127
2025
$16,712
2025
Government debt per person rank
49/185
2025
39/185
2025
Average annual personal income after taxes
$20,453
2026
$20,616
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of millionaires n/a
101,000
2026
Number of billionaires n/a
10
2026
Income share by richest 10%
27.3%
2023
22.9%
2023
Income share by poorest 10%
2.2%
2023
3.3%
2023
Government expenditure, % of GDP
41.2%
2025
50%
2025
Consumer prices inflation
3.79%
2024-2025
3.81%
2024-2025
Central bank interest rate n/a
3.75%
2026
Unemployment rate
6.9%
2025
3.02%
2025
Population
2845693
36007074

Spending and national debt comparison by year

Lithuania
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Lithuania Poland
Government spending Government debt Government spending Government debt
2025 41.2% 39.8% 50% 58.8%
2024 39.4% 38% 49.4% 55.1%
2023 37.2% 37.1% 46.9% 49.5%
2022 36.6% 38.3% 43.2% 48.8%
2021 37.3% 43.3% 43.6% 53%
2020 42.4% 45.9% 47.7% 56.6%
2019 34.6% 35.6% 41.4% 45.2%
2018 33.8% 33.3% 41% 48.2%
2017 33.4% 39.1% 41.1% 50.4%
2016 34.5% 39.8% 41.1% 54.1%
2015 35.2% 42.4% 41.5% 51.1%
2014 35% 40.7% 42.7% 51.1%
2013 35.7% 38.9% 43.2% 56.9%
2012 36.6% 39.9% 43.2% 54.5%
2011 40.1% 37.5% 44.1% 54.8%
2010 43% 36.7% 46% 53.7%
2009 44.8% 27.9% 44.9% 49.7%
2008 38.2% 14.6% 44% 46.6%
2007 35.3% 15.9% 42.8% 44.4%
2006 34.4% 17.3% 44.3% 47.1%
2005 34.1% 17.6% 44.1% 46.5%
2004 33.9% 18.6% 43.4% 45%
2003 32.8% 20.4% 45.3% 46.2%
2002 34.4% 22.1% 44.9% 41.4%
2001 36.5% 22.9% 44.6% 37%
2000 38.7% 23.5% 42.9% 36.3%
1999 42.4% 28% 42.4% 39.2%
1998 39.6% 21.7% 43.9% 38.6%
1997 35.1% - 46% 42.6%
1996 34.4% - 50.6% 43%
1995 35.5% - 47.3% 48.6%
1994 - - - 64.3%
1993 - - - 83.9%
1992 - - - 81.9%
1991 - - - 76.9%
1990 - - - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08).

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

In 2025, Lithuania's government spending was $39.2B, accounting for 41.2% of its GDP, while Poland spent $517B, or 50% of GDP.

Debt-to-GDP ratio is 39.8% in Lithuania and 58.8% in Poland, ranking 135/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Poland
1x
Year Deficit/surplus, % of GDP
Lithuania Poland
2025 -2.18% -7.01%
2024 -1.28% -6.48%
2023 -0.66% -5.2%
2022 -0.72% -3.37%
2021 -1.15% -1.68%
2020 -6.42% -6.85%
2019 0.41% -0.73%
2018 0.52% -0.24%
2017 0.36% -1.49%
2016 0.03% -2.38%
2015 -0.77% -2.59%
2014 -1.79% -3.66%
2013 -2.69% -4.25%
2012 -3.15% -3.8%
2011 -5.92% -4.97%
2010 -6.95% -7.43%
2009 -9.09% -7.24%
2008 -3.09% -3.6%
2007 -0.82% -1.88%
2006 -0.27% -3.53%
2005 -0.34% -3.93%
2004 -1.39% -5%
2003 -1.26% -6%
2002 -1.85% -4.79%
2001 -3.52% -4.71%
2000 -3.18% -3.98%
1999 -7.82% -2.29%
1998 -4.93% -4.24%
1997 -0.76% -4.59%
1996 -3.58% -4.82%
1995 -3.31% -4.38%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/lithuania/poland | 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 Poland's deficit of $72.6B, or 7.01% of GDP.

Over the past 31 years, Lithuania recorded a fiscal deficit in 27 of those years, while Poland ran a deficit in 31 years. On average, Lithuania posted an annual deficit equal to 2.5% of GDP, compared to deficit of 4.1% of GDP for Poland.

Inflation comparison by year

Inflation
Lithuania

Poland
1x
Year Consumer prices inflation
Lithuania Poland
2025 3.79% 3.81%
2024 0.72% 3.79%
2023 9.12% 11.5%
2022 19.7% 14.4%
2021 4.68% 5.06%
2020 1.2% 3.37%
2019 2.33% 2.23%
2018 2.7% 1.81%
2017 3.72% 2.08%
2016 0.91% -0.66%
2015 -0.88% -0.87%
2014 0.1% 0.05%
2013 1.05% 0.99%
2012 3.09% 3.56%
2011 4.13% 4.24%
2010 1.32% 2.58%
2009 4.45% 3.8%
2008 10.9% 4.16%
2007 5.74% 2.46%
2006 3.74% 1.28%
2005 2.66% 2.18%
2004 1.16% 3.38%
2003 -1.13% 0.68%
2002 0.28% 1.91%
2001 1.37% 5.41%
2000 0.98% 9.9%
1999 0.73% 7.15%
1998 5.07% 11.6%
1997 8.88% 14.9%

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

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

Over the past 29 years, Lithuania has recorded an average annual inflation rate of 3.54%, compared with 4.37% in Poland. In 2025, inflation was 3.79% in Lithuania and 3.81% in Poland.

Top exports between countries

Lithuania
Export category Export value
Raw materials & minerals $1.11B
Machinery & equipment $834M
Transport & tourism services $699M
Chemicals & pharma $551M
Business & finance services $452M
Animal & marine products $396M
Textiles & consumer goods $377M
Processed food, beverages & tobacco $347M
Wood & paper products $263M
Raw agricultural goods $179M
Poland
Export category Export value
Transport & tourism services $1.55B
Machinery & equipment $1.51B
Chemicals & pharma $1.2B
Textiles & consumer goods $844M
Processed food, beverages & tobacco $783M
Metals $758M
Wood & paper products $534M
Animal & marine products $442M
Raw materials & minerals $405M
Raw agricultural goods $193M

Balance of trade

Lithuania Poland
Current account balance
$900M
2025
-$9.05B
2025
Current account balance ranking
51/190
2025
172/190
2025
Current account balance, % of GDP
+0.94%
2025
-0.87%
2025
Goods imports
$48.3B
2025
$406B
2025
Goods exports
$40.7B
2025
$390B
2025
Service imports
$17.5B
2025
$86.5B
2025
Service exports
$28.8B
2025
$131B
2025
Imports of goods and services, % of GDP
69.1%
2025
47.1%
2025
Exports of goods and services, % of GDP
73%
2025
50%
2025

Economic freedom indices

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

Lithuania Poland
Economic freedom 75.3 68.5
Economic freedom ranking 18/197 46/197
Property rights 91.8 71.8
Government integrity 71.4 60.7
Judicial effectiveness 73.2 62.5
Tax burden 76.2 72.7
Government spending 57.3 35.1
Fiscal health 95.8 74.8
Business freedom 84.2 77.5
Labor freedom 58.1 53.7
Monetary freedom 76.7 73.8
Trade freedom 79.4 79.4
Investment freedom 70 80
Financial freedom 70 80

Economic freedom comparison by year

Lithuania
Poland
1x
Year Economic freedom index
Lithuania Poland
2026 75.3 68.5
2025 74.6 67.1
2024 72.9 66
2023 72.2 67.7
2022 75.8 68.7
2021 76.9 69.7
2020 76.7 69.1
2019 74.2 67.8
2018 75.3 68.5
2017 75.8 68.3
2016 75.2 69.3
2015 74.7 68.6
2014 73 67
2013 72.1 66
2012 71.5 64.2
2011 71.3 64.1
2010 70.3 63.2
2009 70 60.3
2008 70.9 60.3
2007 71.5 58.1
2006 71.8 59.3
2005 70.5 59.6
2004 72.4 58.7
2003 69.7 61.8
2002 66.1 65
2001 65.5 61.8
2000 61.9 60
1999 61.5 59.6
1998 59.4 59.2
1997 57.3 56.8
1996 49.7 57.8
1995 - 50.7

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

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

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Poland
Services, % of GDP
64.8%
2025
59.7%
2025
Industry, % of GDP
22.1%
2025
25.8%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
2.45%
2025
GNI, Atlas method
$88.1B
2025
$930B
2025
GNI per capita, PPP
$55,010
2025
$52,290
2025
Total reserves including gold
$7.06B
2025
$272B
2025
Total reserves ranking
90/177
2025
16/177
2025
Net foreign direct investment
-$2.96B
2025
-$11.7B
2025
Net inflows of foreign direct investment
$4.7B
2024
$20.6B
2024
Net outflows of foreign direct investment
$795M
2024
$10B
2024
Poverty at national poverty lines
20.9%
2021
13.3%
2024
Gross capital formation, % of GDP
22.2%
2025
17.9%
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/poland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, 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.

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.