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Economy of Lithuania vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

Lithuania has a GDP of $84.9B compared to $2.55B for Saint Lucia, ranking 79/197 and 173/197 by economy size, respectively.

Lithuania has $32.4B in government debt (38.2% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Lithuania vs Saint Lucia GDP by year

Lithuania
Saint Lucia
1x
Year GDP, current $
Lithuania Saint Lucia
2024 $84,869,215,513 $2,549,062,963
2023 $79,789,877,416 $2,430,166,667
2022 $71,033,884,500 $2,342,714,815
2021 $67,037,321,009 $1,867,185,185
2020 $57,412,038,533 $1,499,274,074
2019 $55,122,066,226 $2,095,344,444
2018 $54,261,795,149 $2,060,955,556
2017 $47,756,764,508 $1,998,503,704
2016 $42,970,749,245 $1,868,544,444
2015 $41,540,954,817 $1,807,640,741
2014 $48,306,546,657 $1,749,185,185
2013 $46,303,660,422 $1,660,392,593
2012 $42,709,372,067 $1,598,207,407
2011 $43,186,501,863 $1,568,370,370
2010 $36,638,128,534 $1,482,385,185
2009 $37,494,380,039 $1,401,507,889
2008 $47,831,254,208 $1,437,731,111
2007 $39,729,151,615 $1,336,088,815
2006 $30,116,192,747 $1,268,319,185
2005 $26,105,207,115 $1,135,555,556
2004 $22,743,164,431 $1,066,666,667
2003 $18,809,197,970 $987,407,407
2002 $14,282,292,665 $900,000,000
2001 $12,260,761,329 $892,592,593
2000 $11,550,695,727 $932,592,593
1999 $11,022,095,814 $921,851,852
1998 $11,289,161,847 $877,407,407
1997 $10,168,271,903 $805,925,926
1996 $8,430,207,164 $788,888,889
1995 $7,921,210,340 $762,962,963
1994 - $713,703,704
1993 - $684,814,815
1992 - $674,074,074
1991 - $613,703,704
1990 - $579,629,630
1989 - $486,666,667
1988 - $429,629,630
1987 - $375,555,556
1986 - $340,000,000
1985 - $284,444,444
1984 - $251,481,481
1983 - $197,037,037
1982 - $183,333,333
1981 - $194,444,444
1980 - $170,370,370

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/saint-lucia | CC BY

GDP per capita in Lithuania vs Saint Lucia by year

Lithuania
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,384 $55,286 $14,182 $27,567
2023 $27,786 $52,348 $13,555 $25,975
2022 $25,086 $50,936 $13,104 $24,599
2021 $23,870 $45,874 $10,459 $19,101
2020 $20,429 $41,263 $8,411 $14,912
2019 $19,609 $40,564 $11,794 $18,710
2018 $19,247 $36,492 $11,643 $17,433
2017 $16,800 $31,305 $11,333 $16,131
2016 $14,934 $28,699 $10,638 $15,307
2015 $14,270 $26,949 $10,335 $14,353
2014 $16,446 $26,275 $10,045 $14,403
2013 $15,637 $24,890 $9,577 $14,010
2012 $14,288 $23,275 $9,260 $13,443
2011 $14,262 $21,558 $9,129 $13,471
2010 $11,829 $18,719 $8,674 $12,718
2009 $11,854 $17,055 $8,251 $12,600
2008 $14,956 $19,410 $8,517 $12,969
2007 $12,295 $17,969 $7,964 $12,199
2006 $9,210 $15,522 $7,611 $11,758
2005 $7,857 $13,951 $6,863 $10,818
2004 $6,735 $12,605 $6,495 $10,610
2003 $5,507 $11,660 $6,059 $9,707
2002 $4,148 $10,296 $5,568 $9,205
2001 $3,533 $9,399 $5,570 $9,106
2000 $3,301 $8,475 $5,880 $9,314
1999 $3,128 $7,918 $5,883 $9,214
1998 $3,181 $7,846 $5,673 $8,965
1997 $2,844 $7,167 $5,282 $8,456
1996 $2,341 $6,479 $5,244 $8,490
1995 $2,183 $6,023 $5,148 $8,222
1994 - $5,667 $4,892 $8,041
1993 - $6,107 $4,765 $7,865
1992 - $7,087 $4,760 $7,753
1991 - $8,790 $4,399 $7,127
1990 - $9,030 $4,205 $6,951
1989 - - $3,565 -
1988 - - $3,182 -
1987 - - $2,819 -
1986 - - $2,591 -
1985 - - $2,202 -
1984 - - $1,979 -
1983 - - $1,576 -
1982 - - $1,489 -
1981 - - $1,605 -
1980 - - $1,428 -

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/saint-lucia | CC BY

Lithuania's GDP per capita is $29,384, ranking 43/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Lithuania Saint Lucia
Gross domestic product
$84.9B
2024
$2.55B
2024
GDP rank
79/197
2024
173/197
2024
GDP growth
2.77%
2023-2024
3.89%
2023-2024
GDP per capita
$29,384
2024
$14,182
2024
GDP per capita rank
43/197
2024
70/197
2024
GDP per capita, PPP
$55,286
2024
$27,567
2024
GDP per capita PPP rank
39/197
2024
75/197
2024
Government debt
$32.4B
2024
$1.97B
2024
Debt-to-GDP ratio
38.2%
2024
77.2%
2024
Government debt per person
$11,232
2024
$10,952
2024
Government debt per person rank
49/185
2024
52/185
2024
Average annual personal income after taxes
$19,946
2026
$10,412
2026
Income share by richest 10%
27.3%
2023
34.1%
2015
Income share by poorest 10%
2.2%
2023
2.1%
2015
Government expenditure, % of GDP
39.5%
2024
24.5%
2024
Consumer prices inflation
0.72%
2023-2024
-0.11%
2023-2024
Unemployment rate
7.1%
2024
10.1%
2024
Population
2829914
180638

Spending and national debt comparison by year

Lithuania
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Lithuania Saint Lucia
Government spending Government debt Government spending Government debt
2024 39.5% 38.2% 24.5% 77.2%
2023 37.4% 37.3% 25.6% 76.6%
2022 36.3% 38.1% 23% 74.4%
2021 37.3% 43.3% 27.4% 87%
2020 42.4% 45.9% 34.9% 100%
2019 34.6% 35.6% 25.1% 62.1%
2018 33.8% 33.3% 23.2% 60.5%
2017 33.4% 39.3% 23.3% 60.4%
2016 34.5% 40% 23% 61.3%
2015 35.2% 42.6% 23.7% 61.1%
2014 35% 40.7% 23.6% 62.4%
2013 35.7% 38.9% 25.4% 62.1%
2012 36.6% 39.9% 28% 60.8%
2011 40.1% 37.5% 27% 55.2%
2010 43% 36.7% 26% 53%
2009 44.8% 27.9% 24.5% 51%
2008 38.2% 14.6% 22.2% 46.7%
2007 35.3% 15.9% 22.6% 49.1%
2006 34.4% 17.3% 24.7% 48.6%
2005 34.1% 17.6% 26% 51.9%
2004 33.9% 18.6% 22.9% 49.6%
2003 32.8% 20.4% 22.9% 45.6%
2002 34.4% 22.1% 23.6% 48.8%
2001 36.5% 22.9% 22.1% 38.1%
2000 38.7% 23.5% 20.7% 32.5%
1999 42.4% 28% 20.9% 28.9%
1998 39.6% 21.7% 18.8% 29.4%
1997 35% - 19.5% 27.2%
1996 34.4% - 18.9% 24.1%
1995 35.5% - 19.2% 22.9%
1994 - - 19.1% 23.8%
1993 - - 21.8% 22.9%
1992 - - 18.4% 22.2%
1991 - - 18.4% 19.8%
1990 - - 16.7% 17%
1989 - - 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/lithuania/saint-lucia | CC BY

In 2024, Lithuania's government spending was $33.5B, accounting for 39.5% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 38.2% in Lithuania and 77.2% in Saint Lucia, ranking 139/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Lithuania Saint Lucia
2024 -1.28% -2.13%
2023 -0.69% -3.09%
2022 -0.72% -1.67%
2021 -1.15% -5.1%
2020 -6.42% -12%
2019 0.41% -3.51%
2018 0.52% -1.03%
2017 0.36% -1.14%
2016 0.03% -0.79%
2015 -0.77% -2.35%
2014 -1.79% -3.08%
2013 -2.69% -4.84%
2012 -3.15% -7.62%
2011 -5.92% -5.38%
2010 -6.95% -4.17%
2009 -9.09% -2.67%
2008 -3.09% -0.72%
2007 -0.82% -1.62%
2006 -0.27% -5.07%
2005 -0.34% -6.18%
2004 -1.39% -2.63%
2003 -1.26% -3.23%
2002 -1.85% -3.1%
2001 -3.52% -3.08%
2000 -3.18% -1.16%
1999 -7.82% 1.62%
1998 -4.93% 2.25%
1997 -0.76% -1.13%
1996 -3.59% -0.58%
1995 -3.31% -0.13%
1994 - -0.02%
1993 - -0.26%
1992 - -0.66%
1991 - -0.43%
1990 - 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/lithuania/saint-lucia | CC BY

In 2024, Lithuania's government deficit, the difference between spending and revenue, was $1.09B, equivalent to 1.28% of GDP. This compares to Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 30 years, Lithuania recorded a fiscal deficit in 26 of those years, while Saint Lucia ran a deficit in 28 years. On average, Lithuania posted an annual deficit equal to 2.51% of GDP, compared to deficit of 2.85% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Lithuania

Saint Lucia
1x
Year Consumer prices inflation
Lithuania Saint Lucia
2024 0.72% -0.11%
2023 9.12% 4.07%
2022 19.7% 6.38%
2021 4.68% 2.41%
2020 1.2% -1.76%
2019 2.33% 0.54%
2018 2.7% 1.94%
2017 3.72% 0.1%
2016 0.91% -3.08%
2015 -0.88% -0.98%
2014 0.1% 3.52%
2013 1.05% 1.47%
2012 3.09% 4.18%
2011 4.13% 2.77%
2010 1.32% 3.25%
2009 4.45% -0.16%
2008 10.9% 5.55%
2007 5.74% 2.82%
2006 3.74% 2.4%
2005 2.66% 3.9%
2004 1.16% 1.46%
2003 -1.13% 1.03%
2002 0.28% -0.26%
2001 1.37% 5.31%
2000 0.98% 3.71%
1999 0.73% 3.5%
1998 5.07% 3.2%
1997 8.88% -0.006%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/saint-lucia | CC BY

Over the past 28 years, Lithuania has recorded an average annual inflation rate of 3.53%, compared with 2.04% in Saint Lucia. In 2024, inflation was 0.72% in Lithuania and -0.11% in Saint Lucia.

Top exports between countries

Lithuania
Export category Export value
Raw materials & minerals $651K
Machinery & equipment $35K
Chemicals & pharma $1K
Textiles & consumer goods $1K
Saint Lucia
Export category Export value

Balance of trade

Lithuania Saint Lucia
Current account balance
$2.77B
2024
-$64.1M
2024
Current account balance ranking
41/190
2024
86/190
2024
Current account balance, % of GDP
+3.27%
2024
-2.52%
2024
Goods imports
$43.8B
2024
$848M
2024
Goods exports
$38.9B
2024
$137M
2024
Service imports
$14.7B
2024
$598M
2024
Service exports
$24.3B
2024
$1.46B
2024
Imports of goods and services, % of GDP
68.9%
2024
n/a
Exports of goods and services, % of GDP
74.1%
2024
19%
2025

Economic freedom indices

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

Lithuania Saint Lucia
Economic freedom 75.3 67.5
Economic freedom ranking 18/197 57/197
Property rights 91.8 64.3
Government integrity 71.4 59.7
Judicial effectiveness 73.2 77.3
Tax burden 76.2 77.7
Government spending 57.3 82.6
Fiscal health 95.8 80
Business freedom 84.2 71.9
Labor freedom 58.1 65.2
Monetary freedom 76.7 81
Trade freedom 79.4 60
Investment freedom 70 50
Financial freedom 70 40

Economic freedom comparison by year

Lithuania
Saint Lucia
1x
Year Economic freedom index
Lithuania Saint Lucia
2026 75.3 67.5
2025 74.6 67
2024 72.9 62.2
2023 72.2 60.7
2022 75.8 64.3
2021 76.9 67.5
2020 76.7 68.2
2019 74.2 68.7
2018 75.3 67.6
2017 75.8 65
2016 75.2 70
2015 74.7 70.2
2014 73 70.7
2013 72.1 70.4
2012 71.5 71.3
2011 71.3 70.8
2010 70.3 70.5
2009 70 68.8
2008 70.9 -
2007 71.5 -
2006 71.8 -
2005 70.5 -
2004 72.4 -
2003 69.7 -
2002 66.1 -
2001 65.5 -
2000 61.9 -
1999 61.5 -
1998 59.4 -
1997 57.3 -
1996 49.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/lithuania/saint-lucia | CC BY

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Saint Lucia
Services, % of GDP
63.6%
2024
75.9%
2024
Industry, % of GDP
23.4%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
2.57%
2024
1.13%
2024
GNI, Atlas method
$78.4B
2024
$2.27B
2024
GNI per capita, PPP
$53,920
2024
$24,840
2024
Total reserves including gold
$7.41B
2024
$406M
2024
Total reserves ranking
86/177
2024
162/177
2024
Net foreign direct investment
-$3.91B
2024
-$187M
2024
Net inflows of foreign direct investment
$4.7B
2024
$187M
2024
Net outflows of foreign direct investment
$795M
2024
-$350K
2024
Servicing debt to the IMF, % of GNI n/a
3.42%
2024
Poverty at national poverty lines
20.9%
2021
25%
2016
Gross capital formation, % of GDP
20.4%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/lithuania/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.