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Economy of Lithuania vs Qatar compared: GDP & Debt

Updated on by Georank

Lithuania has a GDP of $95.2B compared to $216B for Qatar, ranking 79/197 and 56/197 by economy size, respectively.

Lithuania has $37.9B in government debt (39.8% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Lithuania vs Qatar GDP by year

Lithuania
Qatar
1x
Year GDP, current $
Lithuania Qatar
2025 $95,210,150,818 $215,559,615,385
2024 $85,503,938,574 $216,294,505,495
2023 $80,356,613,555 $213,002,809,341
2022 $70,639,687,326 $235,709,325,714
2021 $67,072,165,721 $179,732,009,560
2020 $57,412,038,533 $144,411,363,352
2019 $55,122,066,226 $176,371,267,692
2018 $54,261,795,149 $183,334,953,819
2017 $47,756,764,508 $161,099,122,225
2016 $42,970,749,245 $151,732,181,868
2015 $41,540,954,817 $161,739,955,577
2014 $48,306,546,657 $206,224,598,571
2013 $46,303,660,422 $198,727,642,967
2012 $42,709,372,067 $186,833,502,363
2011 $43,186,501,863 $167,775,274,725
2010 $36,638,128,534 $125,122,252,747
2009 $37,494,380,039 $97,798,351,648
2008 $47,831,254,208 $115,269,780,220
2007 $39,729,151,615 $79,711,813,187
2006 $30,116,192,747 $60,882,142,857
2005 $26,105,207,115 $44,530,494,505
2004 $22,743,164,431 $31,734,065,934
2003 $18,809,197,970 $23,533,791,209
2002 $14,282,292,665 $19,363,736,264
2001 $12,260,761,329 $17,538,461,538
2000 $11,550,695,727 $17,759,890,110
1999 $11,022,095,814 $12,393,131,868
1998 $11,289,161,847 $10,255,494,505
1997 $10,168,271,903 $11,297,802,198
1996 $8,430,207,164 $9,059,340,659
1995 $7,921,210,340 $8,137,912,088
1994 - $7,374,450,549
1993 - $7,156,593,407
1992 - $7,646,153,846
1991 - $6,883,516,484
1990 - $7,360,439,560
1989 - $6,487,912,088
1988 - $6,038,186,813
1987 - $5,446,428,571
1986 - $5,053,021,978
1985 - $6,153,296,703
1984 - $6,870,329,670
1983 - $6,484,890,110
1982 - $7,611,263,736
1981 - $8,672,527,473
1980 - $7,837,915,956
1979 - $5,632,962,997
1978 - $4,052,000,413
1977 - $3,617,564,638
1976 - $3,284,273,987
1975 - $2,512,773,166
1974 - $2,401,403,227
1973 - $793,885,560
1972 - $510,262,500
1971 - $387,703,106
1970 - $301,791,302

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Lithuania vs Qatar by year

Lithuania
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,959 - $72,525 -
2024 $29,604 $55,286 $75,685 $126,046
2023 $27,983 $52,348 $80,196 $129,368
2022 $24,947 $50,936 $88,701 $122,921
2021 $23,883 $45,874 $71,752 $116,833
2020 $20,429 $41,263 $51,684 $82,149
2019 $19,609 $40,564 $66,841 $107,503
2018 $19,247 $36,492 $71,040 $110,033
2017 $16,800 $31,305 $63,280 $99,358
2016 $14,934 $28,699 $61,254 $89,935
2015 $14,270 $26,949 $68,985 $102,546
2014 $16,446 $26,275 $95,841 $148,389
2013 $15,637 $24,890 $103,697 $169,203
2012 $14,288 $23,275 $108,470 $180,939
2011 $14,262 $21,558 $103,262 $174,620
2010 $11,829 $18,719 $77,387 $151,646
2009 $11,854 $17,055 $60,786 $125,898
2008 $14,956 $19,410 $80,781 $126,015
2007 $12,295 $17,969 $65,954 $124,056
2006 $9,210 $15,522 $62,582 $127,181
2005 $7,857 $13,951 $53,950 $115,250
2004 $6,735 $12,605 $41,036 $110,958
2003 $5,507 $11,660 $31,602 $94,120
2002 $4,148 $10,296 $27,227 $93,177
2001 $3,533 $9,399 $25,871 $89,805
2000 $3,301 $8,475 $27,535 $88,849
1999 $3,128 $7,918 $20,234 $84,690
1998 $3,181 $7,846 $17,665 $84,486
1997 $2,844 $7,167 $20,523 $79,219
1996 $2,341 $6,479 $17,125 $62,331
1995 $2,183 $6,023 $15,823 $60,321
1994 - $5,667 $14,765 $59,415
1993 - $6,107 $14,770 $59,125
1992 - $7,087 $16,280 $60,387
1991 - $8,790 $15,133 $54,759
1990 - $9,030 $16,722 $55,659
1989 - - $15,243 -
1988 - - $14,682 -
1987 - - $13,719 -
1986 - - $13,213 -
1985 - - $16,815 -
1984 - - $19,749 -
1983 - - $19,669 -
1982 - - $24,431 -
1981 - - $29,543 -
1980 - - $28,407 -
1979 - - $21,777 -
1978 - - $16,757 -
1977 - - $16,058 -
1976 - - $15,710 -
1975 - - $13,014 -
1974 - - $13,540 -
1973 - - $4,905 -
1972 - - $3,483 -
1971 - - $2,952 -
1970 - - $2,594 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Lithuania's GDP per capita is $32,959, ranking 39/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Qatar ranks 5th at $126,046.

Economic indicators

Lithuania Qatar
Gross domestic product
$95.2B
2025
$216B
2025
GDP rank
79/197
2025
56/197
2025
GDP growth
2.92%
2024-2025
2.9%
2024-2025
GDP per capita
$32,959
2025
$72,525
2025
GDP per capita rank
39/197
2025
13/197
2025
GDP per capita, PPP
$55,286
2024
$126,046
2024
GDP per capita PPP rank
39/197
2024
5/197
2024
Government debt
$37.9B
2025
$89.2B
2025
Debt-to-GDP ratio
39.8%
2025
41.4%
2025
Government debt per person
$13,127
2025
$30,009
2025
Government debt per person rank
49/185
2025
24/185
2025
Average annual personal income after taxes
$20,453
2026
$37,042
2026
Market capitalization of domestic companies n/a
$177B
2025
Number of millionaires n/a
30,000
2026
Number of billionaires n/a
2
2026
Income share by richest 10%
27.3%
2023
25.8%
2017
Income share by poorest 10%
2.2%
2023
2.6%
2017
Government expenditure, % of GDP
41.2%
2025
27.1%
2025
Consumer prices inflation
3.79%
2024-2025
0.6%
2024-2025
Central bank interest rate n/a
4.1%
2025
Unemployment rate
6.9%
2025
0.1%
2024
Population
2845693
3058826

Spending and national debt comparison by year

Lithuania
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Lithuania Qatar
Government spending Government debt Government spending Government debt
2025 41.2% 39.8% 27.1% 41.4%
2024 39.4% 38% 26% 41.3%
2023 37.2% 37.1% 26.7% 42.8%
2022 36.6% 38.3% 24.3% 42.6%
2021 37.3% 43.3% 29.4% 58.4%
2020 42.4% 45.9% 34.7% 72.6%
2019 34.6% 35.6% 32.5% 62.1%
2018 33.8% 33.3% 28.9% 52.2%
2017 33.4% 39.1% 34.7% 51.6%
2016 34.5% 39.8% 40.1% 46.7%
2015 35.2% 42.4% 38.6% 35.5%
2014 35% 40.7% 32.3% 24.9%
2013 35.7% 38.9% 28.3% 30.9%
2012 36.6% 39.9% 31% 32.1%
2011 40.1% 37.5% 28.5% 33.5%
2010 43% 36.7% 32% 30.4%
2009 44.8% 27.9% 36.4% 36%
2008 38.2% 14.6% 23.5% 11.4%
2007 35.3% 15.9% 29.5% 9.37%
2006 34.4% 17.3% 29.5% 13.9%
2005 34.1% 17.6% 29% 19.1%
2004 33.9% 18.6% 29.9% 30.1%
2003 32.8% 20.4% 28.5% 38.8%
2002 34.4% 22.1% 31.6% 47.7%
2001 36.5% 22.9% 32.1% 59.2%
2000 38.7% 23.5% 29.8% 51.6%
1999 42.4% 28% 42.4% 81.8%
1998 39.6% 21.7% 55.1% 76.6%
1997 35.1% - 47.6% 54.4%
1996 34.4% - 55.2% 57.8%
1995 35.5% - 52.2% 50.2%
1994 - - 59.8% 54.8%
1993 - - 62.8% 46.3%
1992 - - 54.2% 19.9%
1991 - - 57.5% 21.8%
1990 - - 50% 12.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Lithuania's government spending was $39.2B, accounting for 41.2% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 39.8% in Lithuania and 41.4% in Qatar, ranking 135/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Qatar
1x
Year Deficit/surplus, % of GDP
Lithuania Qatar
2025 -2.18% -1%
2024 -1.28% 0.71%
2023 -0.66% 5.51%
2022 -0.72% 10.4%
2021 -1.15% 0.24%
2020 -6.42% -2.13%
2019 0.41% 1%
2018 0.52% 2.26%
2017 0.36% -6.82%
2016 0.03% -9.2%
2015 -0.77% 18.4%
2014 -1.79% 13.4%
2013 -2.69% 19.3%
2012 -3.15% 8.55%
2011 -5.92% 5.24%
2010 -6.95% 4.6%
2009 -9.09% 14.1%
2008 -3.09% 9.49%
2007 -0.82% 10.3%
2006 -0.27% 8.39%
2005 -0.34% 9.8%
2004 -1.39% 17.7%
2003 -1.26% 6.71%
2002 -1.85% 7.89%
2001 -3.52% 4.48%
2000 -3.18% 4.62%
1999 -7.82% -4.35%
1998 -4.93% -7%
1997 -0.76% -9.4%
1996 -3.58% -8.73%
1995 -3.31% -5.78%
1994 - -11.8%
1993 - -9.53%
1992 - -2.74%
1991 - -2.57%
1990 - 3.23%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/lithuania/qatar | 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 Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 31 years, Lithuania recorded a fiscal deficit in 27 of those years, while Qatar ran a deficit in 9 years. On average, Lithuania posted an annual deficit equal to 2.5% of GDP, compared to surplus of 4.15% of GDP for Qatar.

Inflation comparison by year

Inflation
Lithuania

Qatar
1x
Year Consumer prices inflation
Lithuania Qatar
2025 3.79% 0.6%
2024 0.72% 1.2%
2023 9.12% 3.1%
2022 19.7% 5%
2021 4.68% 2.3%
2020 1.2% -2.5%
2019 2.33% -0.9%
2018 2.7% 0.1%
2017 3.72% 0.6%
2016 0.91% 2.7%
2015 -0.88% 0.9%
2014 0.1% 4.2%
2013 1.05% 3.1%
2012 3.09% 1.8%
2011 4.13% 2%
2010 1.32% -2.4%
2009 4.45% -4.9%
2008 10.9% 15.1%
2007 5.74% 13.7%
2006 3.74% 11.7%
2005 2.66% 9%
2004 1.16% 6.8%
2003 -1.13% 2.3%
2002 0.28% 0.2%
2001 1.37% 1.7%
2000 0.98% 1.6%
1999 0.73% 2.2%
1998 5.07% 2.9%
1997 8.88% 2.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Lithuania has recorded an average annual inflation rate of 3.54%, compared with 2.99% in Qatar. In 2025, inflation was 3.79% in Lithuania and 0.6% in Qatar.

Top exports between countries

Lithuania
Export category Export value
Animal & marine products $2.82M
Wood & paper products $1.35M
Textiles & consumer goods $1.34M
Machinery & equipment $465K
Raw materials & minerals $439K
Chemicals & pharma $366K
Raw agricultural goods $335K
Miscellaneous $284K
Processed food, beverages & tobacco $211K
Metals $64K
Qatar
Export category Export value
Chemicals & pharma $10.1M
Machinery & equipment $591K
Raw materials & minerals $306K

Balance of trade

Lithuania Qatar
Current account balance
$900M
2025
$31.9B
2025
Current account balance ranking
51/190
2025
17/190
2025
Current account balance, % of GDP
+0.94%
2025
+14.8%
2025
Goods imports
$48.3B
2025
$34.3B
2025
Goods exports
$40.7B
2025
$90B
2025
Service imports
$17.5B
2025
$31.3B
2025
Service exports
$28.8B
2025
$24.4B
2025
Imports of goods and services, % of GDP
69.1%
2025
31.6%
2022
Exports of goods and services, % of GDP
73%
2025
68.6%
2022

Economic freedom indices

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

Lithuania Qatar
Economic freedom 75.3 70.2
Economic freedom ranking 18/197 37/197
Property rights 91.8 66.2
Government integrity 71.4 53.5
Judicial effectiveness 73.2 41.5
Tax burden 76.2 99.9
Government spending 57.3 79.9
Fiscal health 95.8 96.6
Business freedom 84.2 68
Labor freedom 58.1 58.5
Monetary freedom 76.7 76
Trade freedom 79.4 81.8
Investment freedom 70 60
Financial freedom 70 60

Economic freedom comparison by year

Lithuania
Qatar
1x
Year Economic freedom index
Lithuania Qatar
2026 75.3 70.2
2025 74.6 70.2
2024 72.9 68.8
2023 72.2 68.6
2022 75.8 67.7
2021 76.9 72
2020 76.7 72.3
2019 74.2 72.6
2018 75.3 72.6
2017 75.8 73.1
2016 75.2 70.7
2015 74.7 70.8
2014 73 71.2
2013 72.1 71.3
2012 71.5 71.3
2011 71.3 70.5
2010 70.3 69
2009 70 65.8
2008 70.9 62.2
2007 71.5 62.9
2006 71.8 62.4
2005 70.5 63.5
2004 72.4 66.5
2003 69.7 65.9
2002 66.1 61.9
2001 65.5 60
2000 61.9 62
1999 61.5 62
1998 59.4 -
1997 57.3 -
1996 49.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Qatar
Services, % of GDP
64.8%
2025
47%
2025
Industry, % of GDP
22.1%
2025
57%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
0.31%
2025
GNI, Atlas method
$88.1B
2025
$221B
2025
GNI per capita, PPP
$55,010
2025
$126,290
2025
Total reserves including gold
$7.06B
2025
$55.8B
2025
Total reserves ranking
90/177
2025
45/177
2025
Net foreign direct investment
-$2.96B
2025
$311M
2025
Net inflows of foreign direct investment
$4.7B
2024
$460M
2024
Net outflows of foreign direct investment
$795M
2024
$1.56B
2024
Poverty at national poverty lines
20.9%
2021
n/a
Gross capital formation, % of GDP
22.2%
2025
30.6%
2022

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/qatar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.