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Economy of Lithuania vs Rwanda compared: GDP & Debt

Updated on by Georank

Lithuania has a GDP of $95.2B compared to $16.4B for Rwanda, ranking 79/197 and 142/197 by economy size, respectively.

Lithuania has $37.9B in government debt (39.8% of GDP), compared to $10.6B (64.6% of GDP) in Rwanda.

Lithuania vs Rwanda GDP by year

Lithuania
Rwanda
1x
Year GDP, current $
Lithuania Rwanda
2025 $95,210,150,818 $16,372,132,990
2024 $85,503,938,574 $15,111,064,182
2023 $80,356,613,555 $14,806,501,437
2022 $70,639,687,326 $13,747,404,814
2021 $67,072,165,721 $11,252,894,910
2020 $57,412,038,533 $10,487,146,253
2019 $55,122,066,226 $10,519,272,170
2018 $54,261,795,149 $9,650,161,136
2017 $47,756,764,508 $9,164,345,443
2016 $42,970,749,245 $8,596,812,241
2015 $41,540,954,817 $8,447,064,079
2014 $48,306,546,657 $8,129,984,484
2013 $46,303,660,422 $7,714,276,920
2012 $42,709,372,067 $7,556,673,276
2011 $43,186,501,863 $6,802,676,034
2010 $36,638,128,534 $6,052,276,078
2009 $37,494,380,039 $5,603,399,015
2008 $47,831,254,208 $5,120,655,375
2007 $39,729,151,615 $4,017,977,507
2006 $30,116,192,747 $3,274,207,945
2005 $26,105,207,115 $2,933,819,766
2004 $22,743,164,431 $2,376,496,067
2003 $18,809,197,970 $2,138,237,279
2002 $14,282,292,665 $1,966,003,468
2001 $12,260,761,329 $1,966,600,715
2000 $11,550,695,727 $2,068,836,754
1999 $11,022,095,814 $2,157,108,263
1998 $11,289,161,847 $1,989,343,546
1997 $10,168,271,903 $1,851,558,197
1996 $8,430,207,164 $1,382,334,879
1995 $7,921,210,340 $1,293,535,193
1994 - $753,636,370
1993 - $1,971,525,712
1992 - $2,029,026,962
1991 - $1,911,600,237
1990 - $2,550,185,679
1989 - $2,405,022,593
1988 - $2,395,492,687
1987 - $2,157,432,668
1986 - $1,944,710,684
1985 - $1,715,626,331
1984 - $1,587,413,084
1983 - $1,479,687,587
1982 - $1,407,243,139
1981 - $1,407,062,527
1980 - $1,254,765,642
1979 - $1,109,346,131
1978 - $905,709,076
1977 - $746,650,613
1976 - $637,753,853
1975 - $571,863,500
1974 - $308,458,423
1973 - $290,746,157
1972 - $246,457,838
1971 - $222,952,504
1970 - $219,900,006
1969 - $188,700,037
1968 - $172,200,018
1967 - $159,560,018
1966 - $124,525,703
1965 - $148,799,980
1964 - $129,999,994
1963 - $128,000,000
1962 - $125,000,008
1961 - $122,000,016
1960 - $119,000,024

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

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

GDP per capita in Lithuania vs Rwanda by year

Lithuania
GDP per capita

GDP per capita, PPP
Rwanda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Rwanda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,959 - $1,124 -
2024 $29,604 $55,286 $1,060 $3,711
2023 $27,983 $52,348 $1,061 $3,399
2022 $24,947 $50,936 $1,007 $3,099
2021 $23,883 $45,874 $843 $2,733
2020 $20,429 $41,263 $803 $2,285
2019 $19,609 $40,564 $823 $2,336
2018 $19,247 $36,492 $773 $2,125
2017 $16,800 $31,305 $751 $1,968
2016 $14,934 $28,699 $721 $1,866
2015 $14,270 $26,949 $726 $1,781
2014 $16,446 $26,275 $715 $1,678
2013 $15,637 $24,890 $695 $1,512
2012 $14,288 $23,275 $698 $1,455
2011 $14,262 $21,558 $643 $1,413
2010 $11,829 $18,719 $587 $1,314
2009 $11,854 $17,055 $557 $1,241
2008 $14,956 $19,410 $522 $1,191
2007 $12,295 $17,969 $421 $1,079
2006 $9,210 $15,522 $352 $1,002
2005 $7,857 $13,951 $324 $914
2004 $6,735 $12,605 $269.5 $832
2003 $5,507 $11,660 $249 $775
2002 $4,148 $10,296 $234 $760
2001 $3,533 $9,399 $237.3 $670
2000 $3,301 $8,475 $251.9 $609
1999 $3,128 $7,918 $264.7 $554
1998 $3,181 $7,846 $246.2 $528
1997 $2,844 $7,167 $238.7 $500
1996 $2,341 $6,479 $206 $499
1995 $2,183 $6,023 $228 $514
1994 - $5,667 $111 $311
1993 - $6,107 $247 $521
1992 - $7,087 $264.1 $575
1991 - $8,790 $254 $542
1990 - $9,030 $346 $549
1989 - - $335 -
1988 - - $344 -
1987 - - $320 -
1986 - - $297.7 -
1985 - - $271.6 -
1984 - - $259.9 -
1983 - - $250.6 -
1982 - - $246.4 -
1981 - - $254.6 -
1980 - - $234.4 -
1979 - - $213.8 -
1978 - - $179.9 -
1977 - - $152.7 -
1976 - - $134.4 -
1975 - - $124.1 -
1974 - - $68.9 -
1973 - - $66.9 -
1972 - - $58.4 -
1971 - - $54.4 -
1970 - - $55.2 -
1969 - - $48.9 -
1968 - - $46 -
1967 - - $44 -
1966 - - $35.4 -
1965 - - $43.5 -
1964 - - $39 -
1963 - - $39.3 -
1962 - - $39.2 -
1961 - - $39.3 -
1960 - - $39.4 -

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

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

Lithuania's GDP per capita is $32,959, ranking 39/197, compared to $1,124 in Rwanda, ranking 178/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Rwanda ranks 168th at $3,711.

Economic indicators

Lithuania Rwanda
Gross domestic product
$95.2B
2025
$16.4B
2025
GDP rank
79/197
2025
142/197
2025
GDP growth
2.92%
2024-2025
9.38%
2024-2025
GDP per capita
$32,959
2025
$1,124
2025
GDP per capita rank
39/197
2025
178/197
2025
GDP per capita, PPP
$55,286
2024
$3,711
2024
GDP per capita PPP rank
39/197
2024
168/197
2024
Government debt
$37.9B
2025
$10.6B
2025
Debt-to-GDP ratio
39.8%
2025
64.6%
2025
Government debt per person
$13,127
2025
$726
2025
Government debt per person rank
49/185
2025
155/185
2025
Average annual personal income after taxes
$20,453
2026
$1,614
2026
Market capitalization of domestic companies n/a
$3.2B
2025
Income share by richest 10%
27.3%
2023
33.4%
2023
Income share by poorest 10%
2.2%
2023
3.1%
2023
Government expenditure, % of GDP
41.2%
2025
24.1%
2025
Consumer prices inflation
3.79%
2024-2025
5.91%
2024-2025
Central bank interest rate n/a
6.75%
2025
Unemployment rate
6.9%
2025
5.36%
2025
Population
2845693
15062056

Spending and national debt comparison by year

Lithuania
Spending

Debt
Rwanda
Spending

Debt
1x
Year % of GDP
Lithuania Rwanda
Government spending Government debt Government spending Government debt
2025 41.2% 39.8% 24.1% 64.6%
2024 39.4% 38% 27.1% 63.4%
2023 37.2% 37.1% 26.2% 61.4%
2022 36.6% 38.3% 28.7% 59%
2021 37.3% 43.3% 31% 66.2%
2020 42.4% 45.9% 32.5% 66.7%
2019 34.6% 35.6% 27.7% 52.8%
2018 33.8% 33.3% 26.3% 49.2%
2017 33.4% 39.1% 25.3% 46.1%
2016 34.5% 39.8% 25.4% 41.5%
2015 35.2% 42.4% 26.9% 33.5%
2014 35% 40.7% 27.8% 29.5%
2013 35.7% 38.9% 26.5% 27%
2012 36.6% 39.9% 24.9% 19.3%
2011 40.1% 37.5% 25% 18.9%
2010 43% 36.7% 24.1% 19%
2009 44.8% 27.9% 22.6% 18.7%
2008 38.2% 14.6% 22.7% 18.5%
2007 35.3% 15.9% 22.7% 22.4%
2006 34.4% 17.3% 20.9% 22.8%
2005 34.1% 17.6% 20.2% 59.8%
2004 33.9% 18.6% 18.1% 82.1%
2003 32.8% 20.4% 18.8% 80.7%
2002 34.4% 22.1% 20.7% 93.4%
2001 36.5% 22.9% 19.3% 85.2%
2000 38.7% 23.5% 18.5% 87.2%
1999 42.4% 28% 22.7% 79.5%
1998 39.6% 21.7% 16.6% 71.1%
1997 35.1% - 17.2% 73.3%
1996 34.4% - 19.8% 84.6%
1995 35.5% - 18.3% 102.2%
1994 - - 13.5% -
1993 - - 20.6% -
1992 - - 21.8% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Lithuania's government spending was $39.2B, accounting for 41.2% of its GDP, while Rwanda spent $3.95B, or 24.1% of GDP.

Debt-to-GDP ratio is 39.8% in Lithuania and 64.6% in Rwanda, ranking 135/185 and 68/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Rwanda
1x
Year Deficit/surplus, % of GDP
Lithuania Rwanda
2025 -2.18% -4.49%
2024 -1.28% -6.19%
2023 -0.66% -4.88%
2022 -0.72% -5.56%
2021 -1.15% -6.89%
2020 -6.42% -9.26%
2019 0.41% -5%
2018 0.52% -2.57%
2017 0.36% -2.54%
2016 0.03% -2.3%
2015 -0.77% -2.71%
2014 -1.79% -3.97%
2013 -2.69% -1.29%
2012 -3.15% -2.41%
2011 -5.92% -0.87%
2010 -6.95% -0.65%
2009 -9.09% 0.26%
2008 -3.09% 0.84%
2007 -0.82% -1.58%
2006 -0.27% -0.03%
2005 -0.34% 1.14%
2004 -1.39% 2.31%
2003 -1.26% -1.25%
2002 -1.85% -2.06%
2001 -3.52% -1.83%
2000 -3.18% -0.22%
1999 -7.82% -4.48%
1998 -4.93% -2.63%
1997 -0.76% -2.25%
1996 -3.58% -5.08%
1995 -3.31% -2.07%
1994 - -9.68%
1993 - -6.7%
1992 - -7.31%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/lithuania/rwanda | 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 Rwanda's deficit of $736M, or 4.49% of GDP.

Over the past 31 years, Lithuania recorded a fiscal deficit in 27 of those years, while Rwanda ran a deficit in 27 years. On average, Lithuania posted an annual deficit equal to 2.5% of GDP, compared to deficit of 2.6% of GDP for Rwanda.

Inflation comparison by year

Inflation
Lithuania

Rwanda
1x
Year Consumer prices inflation
Lithuania Rwanda
2025 3.79% 5.91%
2024 0.72% 1.77%
2023 9.12% 19.8%
2022 19.7% 17.7%
2021 4.68% -0.39%
2020 1.2% 9.85%
2019 2.33% 3.35%
2018 2.7% -0.31%
2017 3.72% 8.28%
2016 0.91% 7.17%
2015 -0.88% 2.53%
2014 0.1% 2.35%
2013 1.05% 5.92%
2012 3.09% 10.3%
2011 4.13% 3.08%
2010 1.32% -0.25%
2009 4.45% 12.9%
2008 10.9% 15.4%
2007 5.74% 9.08%
2006 3.74% 8.88%
2005 2.66% 9.01%
2004 1.16% 12.3%
2003 -1.13% 7.45%
2002 0.28% 1.99%
2001 1.37% 3.34%
2000 0.98% 3.9%
1999 0.73% -2.41%
1998 5.07% 6.21%
1997 8.88% 12%

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

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

Over the past 29 years, Lithuania has recorded an average annual inflation rate of 3.54%, compared with 6.8% in Rwanda. In 2025, inflation was 3.79% in Lithuania and 5.91% in Rwanda.

Top exports between countries

Lithuania
Export category Export value
Raw agricultural goods $2.34M
Processed food, beverages & tobacco $292K
Chemicals & pharma $241K
Machinery & equipment $200K
Wood & paper products $171K
Textiles & consumer goods $91K
Metals $6K
Raw materials & minerals $5K
Rwanda
Export category Export value
Raw agricultural goods $218K
Processed food, beverages & tobacco $162K
Machinery & equipment $82K
Precious metals & jewellery $1K

Balance of trade

Lithuania Rwanda
Current account balance
$900M
2025
-$1.81B
2024
Current account balance ranking
51/190
2025
136/190
2024
Current account balance, % of GDP
+0.94%
2025
-12%
2024
Goods imports
$48.3B
2025
$5.55B
2024
Goods exports
$40.7B
2025
$3.2B
2024
Service imports
$17.5B
2025
$991M
2024
Service exports
$28.8B
2025
$1.08B
2024
Imports of goods and services, % of GDP
69.1%
2025
35.1%
2025
Exports of goods and services, % of GDP
73%
2025
21.6%
2025

Economic freedom indices

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

Lithuania Rwanda
Economic freedom 75.3 56.5
Economic freedom ranking 18/197 121/197
Property rights 91.8 60.3
Government integrity 71.4 53.9
Judicial effectiveness 73.2 27.5
Tax burden 76.2 80.6
Government spending 57.3 75.7
Fiscal health 95.8 37.5
Business freedom 84.2 60.1
Labor freedom 58.1 49.1
Monetary freedom 76.7 72.3
Trade freedom 79.4 61.8
Investment freedom 70 60
Financial freedom 70 40

Economic freedom comparison by year

Lithuania
Rwanda
1x
Year Economic freedom index
Lithuania Rwanda
2026 75.3 56.5
2025 74.6 54.8
2024 72.9 51.6
2023 72.2 52.2
2022 75.8 57.1
2021 76.9 68.3
2020 76.7 70.9
2019 74.2 71.1
2018 75.3 69.1
2017 75.8 67.6
2016 75.2 63.1
2015 74.7 64.8
2014 73 64.7
2013 72.1 64.1
2012 71.5 64.9
2011 71.3 62.7
2010 70.3 59.1
2009 70 54.2
2008 70.9 54.2
2007 71.5 52.4
2006 71.8 52.8
2005 70.5 51.7
2004 72.4 53.3
2003 69.7 47.8
2002 66.1 50.4
2001 65.5 45.4
2000 61.9 42.3
1999 61.5 39.8
1998 59.4 39.1
1997 57.3 38.3
1996 49.7 -

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

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

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 56.5 for Rwanda, ranking 121/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Rwanda
Services, % of GDP
64.8%
2025
52.3%
2025
Industry, % of GDP
22.1%
2025
22%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
20.3%
2025
GNI, Atlas method
$88.1B
2025
$16.7B
2025
GNI per capita, PPP
$55,010
2025
$4,070
2025
Total reserves including gold
$7.06B
2025
$1.96B
2025
Total reserves ranking
90/177
2025
128/177
2025
Net foreign direct investment
-$2.96B
2025
-$560M
2024
Net inflows of foreign direct investment
$4.7B
2024
$573M
2024
Net outflows of foreign direct investment
$795M
2024
$13.2M
2024
Servicing debt to the IMF, % of GNI n/a
2.91%
2024
Poverty at national poverty lines
20.9%
2021
27.4%
2023
Gross capital formation, % of GDP
22.2%
2025
34.1%
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/rwanda | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, 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.

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.