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Economy of Lithuania vs Sao Tome and Principe compared: GDP & Debt

Updated on by Georank team

Lithuania has a GDP of $84.9B compared to $822M for Sao Tome and Principe, ranking 79/197 and 189/197 by economy size, respectively.

Lithuania has $32.4B in government debt (38.2% of GDP), compared to $533M (64.8% of GDP) in Sao Tome and Principe.

Lithuania vs Sao Tome and Principe GDP by year

Lithuania
Sao Tome and Principe
1x
Year GDP, current $
Lithuania Sao Tome
2024 $84,869,215,513 $822,154,621
2023 $79,789,877,416 $690,456,807
2022 $71,033,884,500 $540,809,499
2021 $67,037,321,009 $524,402,456
2020 $57,412,038,533 $471,229,485
2019 $55,122,066,226 $412,976,083
2018 $54,261,795,149 $383,717,328
2017 $47,756,764,508 $322,002,845
2016 $42,970,749,245 $292,267,272
2015 $41,540,954,817 $259,999,643
2014 $48,306,546,657 $293,119,143
2013 $46,303,660,422 $267,041,748
2012 $42,709,372,067 $225,815,132
2011 $43,186,501,863 $226,455,001
2010 $36,638,128,534 $190,021,192
2009 $37,494,380,039 $200,668,065
2008 $47,831,254,208 $188,021,165
2007 $39,729,151,615 $149,146,919
2006 $30,116,192,747 $142,775,104
2005 $26,105,207,115 $136,450,662
2004 $22,743,164,431 $114,582,284
2003 $18,809,197,970 $102,085,769
2002 $14,282,292,665 $85,171,074
2001 $12,260,761,329 $75,951,133
2000 $11,550,695,727 $76,198,395
1999 $11,022,095,814 $77,302,212
1998 $11,289,161,847 $72,285,404
1997 $10,168,271,903 $91,920,274
1996 $8,430,207,164 $135,188,166
1995 $7,921,210,340 $103,695,237
1994 - $131,338,415
1993 - $125,742,229
1992 - $94,861,781
1991 - $107,484,143
1990 - $119,297,933
1989 - $98,545,367
1988 - $99,000,764
1987 - $115,952,925
1986 - $115,928,907
1985 - $82,733,069
1984 - $78,213,796
1983 - $75,110,289
1982 - $80,307,763
1981 - $83,499,264
1980 - $81,662,231
1979 - $65,755,928
1978 - $55,044,563
1977 - $49,207,692
1976 - $52,039,421
1975 - $60,101,710
1974 - $57,817,591
1973 - $56,011,245
1972 - $41,430,257
1971 - $37,288,845
1970 - $37,211,826

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/sao-tome-and-principe | CC BY

GDP per capita in Lithuania vs Sao Tome and Principe by year

Lithuania
GDP per capita

GDP per capita, PPP
Sao Tome and Principe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Sao Tome
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,384 $55,286 $3,491 $6,242
2023 $27,786 $52,348 $2,991 $6,150
2022 $25,086 $50,936 $2,390 $6,034
2021 $23,870 $45,874 $2,363 $5,733
2020 $20,429 $41,263 $2,167 $5,145
2019 $19,609 $40,564 $1,935 $4,655
2018 $19,247 $36,492 $1,826 $3,941
2017 $16,800 $31,305 $1,556 $3,436
2016 $14,934 $28,699 $1,435 $3,320
2015 $14,270 $26,949 $1,298 $3,172
2014 $16,446 $26,275 $1,490 $3,233
2013 $15,637 $24,890 $1,383 $2,946
2012 $14,288 $23,275 $1,192 $2,653
2011 $14,262 $21,558 $1,220 $2,914
2010 $11,829 $18,719 $1,045 $2,859
2009 $11,854 $17,055 $1,128 $2,846
2008 $14,956 $19,410 $1,082 $2,802
2007 $12,295 $17,969 $879 $2,650
2006 $9,210 $15,522 $862 $2,551
2005 $7,857 $13,951 $844 $2,329
2004 $6,735 $12,605 $727 $2,171
2003 $5,507 $11,660 $664 $2,094
2002 $4,148 $10,296 $568 $1,945
2001 $3,533 $9,399 $519 $1,898
2000 $3,301 $8,475 $529 $1,830
1999 $3,128 $7,918 $543 $1,802
1998 $3,181 $7,846 $514 $1,754
1997 $2,844 $7,167 $662 $1,714
1996 $2,341 $6,479 $987 $1,693
1995 $2,183 $6,023 $769 $1,663
1994 - $5,667 $990 $1,623
1993 - $6,107 $964 $1,581
1992 - $7,087 $740 $1,556
1991 - $8,790 $855 $1,540
1990 - $9,030 $970 $1,504
1989 - - $821 -
1988 - - $847 -
1987 - - $1,018 -
1986 - - $1,043 -
1985 - - $761 -
1984 - - $735 -
1983 - - $720 -
1982 - - $783 -
1981 - - $830 -
1980 - - $829 -
1979 - - $683 -
1978 - - $587 -
1977 - - $539 -
1976 - - $585 -
1975 - - $693 -
1974 - - $683 -
1973 - - $676 -
1972 - - $511 -
1971 - - $470 -
1970 - - $479 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/sao-tome-and-principe | CC BY

Lithuania's GDP per capita is $29,384, ranking 43/197, compared to $3,491 in Sao Tome and Principe, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Sao Tome and Principe ranks 151st at $6,242.

Economic indicators

Lithuania Sao Tome
Gross domestic product
$84.9B
2024
$822M
2024
GDP rank
79/197
2024
189/197
2024
GDP growth
2.77%
2023-2024
1.1%
2023-2024
GDP per capita
$29,384
2024
$3,491
2024
GDP per capita rank
43/197
2024
134/197
2024
GDP per capita, PPP
$55,286
2024
$6,242
2024
GDP per capita PPP rank
39/197
2024
151/197
2024
Government debt
$32.4B
2024
$533M
2024
Debt-to-GDP ratio
38.2%
2024
64.8%
2024
Government debt per person
$11,232
2024
$2,262
2024
Government debt per person rank
49/185
2024
116/185
2024
Average annual personal income after taxes
$19,946
2026
$3,111
2026
Income share by richest 10%
27.3%
2023
32.8%
2017
Income share by poorest 10%
2.2%
2023
2.6%
2017
Government expenditure, % of GDP
39.5%
2024
24.7%
2024
Consumer prices inflation
0.72%
2023-2024
14.4%
2023-2024
Unemployment rate
7.1%
2024
6.66%
2017
Population
2829914
246362

Spending and national debt comparison by year

Lithuania
Spending

Debt
Sao Tome and Principe
Spending

Debt
1x
Year % of GDP
Lithuania Sao Tome
Government spending Government debt Government spending Government debt
2024 39.5% 38.2% 24.7% 64.8%
2023 37.4% 37.3% 23.9% 73.2%
2022 36.3% 38.1% 27.7% 86.8%
2021 37.3% 43.3% 25.6% 85.1%
2020 42.4% 45.9% 23.2% 91%
2019 34.6% 35.6% 22.8% 98.6%
2018 33.8% 33.3% 28% 95.9%
2017 33.4% 39.3% 31.9% 92.3%
2016 34.5% 40% 38.3% 104.6%
2015 35.2% 42.6% 41.6% 101.1%
2014 35% 40.7% 36% 92.5%
2013 35.7% 38.9% 35.5% 76.8%
2012 36.6% 39.9% 50.5% 59.6%
2011 40.1% 37.5% 53.4% 86%
2010 43% 36.7% 51.7% 83%
2009 44.8% 27.9% 48.6% 70.3%
2008 38.2% 14.6% 30.4% 60.7%
2007 35.3% 15.9% 38.9% 110.1%
2006 34.4% 17.3% 32.5% 283.2%
2005 34.1% 17.6% 43.7% 334%
2004 33.9% 18.6% 60.6% 354%
2003 32.8% 20.4% 51.9% 329%
2002 34.4% 22.1% 44.3% 367%
2001 36.5% 22.9% 52.8% 418%
2000 38.7% 23.5% 10.7% -
1999 42.4% 28% - -
1998 39.6% 21.7% - -
1997 35% - - -
1996 34.4% - - -
1995 35.5% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/lithuania/sao-tome-and-principe | CC BY

In 2024, Lithuania's government spending was $33.5B, accounting for 39.5% of its GDP, while Sao Tome and Principe spent $203M, or 24.7% of GDP.

Debt-to-GDP ratio is 38.2% in Lithuania and 64.8% in Sao Tome and Principe, ranking 139/185 and 69/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Sao Tome and Principe
1x
Year Deficit/surplus, % of GDP
Lithuania Sao Tome
2024 -1.28% 0.92%
2023 -0.69% -2.13%
2022 -0.72% -2.24%
2021 -1.15% -1.52%
2020 -6.42% 2.94%
2019 0.41% -0.07%
2018 0.52% -2.02%
2017 0.36% -3.11%
2016 0.03% -5.01%
2015 -0.77% -7.6%
2014 -1.79% -6.27%
2013 -2.69% 2.13%
2012 -3.15% -12.3%
2011 -5.92% -13%
2010 -6.95% -12.1%
2009 -9.09% -18%
2008 -3.09% 13.6%
2007 -0.82% 125.1%
2006 -0.27% 18%
2005 -0.34% 26.8%
2004 -1.39% -25.1%
2003 -1.26% -15.9%
2002 -1.85% -10.4%
2001 -3.52% -13.5%
2000 -3.18% 51.5%
1999 -7.82% -
1998 -4.93% -
1997 -0.76% -
1996 -3.59% -
1995 -3.31% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/lithuania/sao-tome-and-principe | 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 Sao Tome and Principe's surplus of $7.57M, or 0.92% of GDP.

Over the past 25 years, Lithuania recorded a fiscal deficit in 21 of those years, while Sao Tome and Principe ran a deficit in 17 years. On average, Lithuania posted an annual deficit equal to 2.2% of GDP, compared to surplus of 3.63% of GDP for Sao Tome and Principe.

Inflation comparison by year

Inflation
Lithuania

Sao Tome and Principe
1x
Year Consumer prices inflation
Lithuania Sao Tome
2024 0.72% 14.4%
2023 9.12% 21.2%
2022 19.7% 18%
2021 4.68% 8.1%
2020 1.2% 9.8%
2019 2.33% 7.7%
2018 2.7% 7.9%
2017 3.72% 5.7%
2016 0.91% 5.4%
2015 -0.88% 6.1%
2014 0.1% 7%
2013 1.05% 8.1%
2012 3.09% 10.6%
2011 4.13% 14.3%
2010 1.32% 13.3%
2009 4.45% 17%
2008 10.9% 32%
2007 5.74% 18.6%
2006 3.74% 23.1%
2005 2.66% 17.2%
2004 1.16% 13.3%
2003 -1.13% 9.8%
2002 0.28% 10.1%
2001 1.37% 9.2%
2000 0.98% 11%
1999 0.73% 11%
1998 5.07% 42.1%
1997 8.88% 69%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/sao-tome-and-principe | CC BY

Over the past 28 years, Lithuania has recorded an average annual inflation rate of 3.53%, compared with 15.8% in Sao Tome and Principe. In 2024, inflation was 0.72% in Lithuania and 14.4% in Sao Tome and Principe.

Balance of trade

Lithuania Sao Tome
Current account balance
$2.77B
2024
$41.5M
2024
Current account balance ranking
41/190
2024
74/190
2024
Current account balance, % of GDP
+3.27%
2024
+5.05%
2024
Goods imports
$43.8B
2024
$153M
2024
Goods exports
$38.9B
2024
$29.3M
2024
Service imports
$14.7B
2024
$83M
2024
Service exports
$24.3B
2024
$88.2M
2024
Imports of goods and services, % of GDP
68.9%
2024
n/a
Exports of goods and services, % of GDP
74.1%
2024
10%
2025

Economic freedom indices

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

Lithuania Sao Tome
Economic freedom 75.3 60.6
Economic freedom ranking 18/197 93/197
Property rights 91.8 55.2
Government integrity 71.4 47.2
Judicial effectiveness 73.2 60.8
Tax burden 76.2 88.6
Government spending 57.3 80.6
Fiscal health 95.8 89.5
Business freedom 84.2 59.9
Labor freedom 58.1 40.8
Monetary freedom 76.7 59.4
Trade freedom 79.4 65
Investment freedom 70 50
Financial freedom 70 30

Economic freedom comparison by year

Lithuania
Sao Tome and Principe
1x
Year Economic freedom index
Lithuania Sao Tome
2026 75.3 60.6
2025 74.6 60.4
2024 72.9 60.5
2023 72.2 61.5
2022 75.8 60.3
2021 76.9 55.9
2020 76.7 56.2
2019 74.2 54
2018 75.3 53.6
2017 75.8 55.4
2016 75.2 56.7
2015 74.7 53.3
2014 73 48.8
2013 72.1 48
2012 71.5 50.2
2011 71.3 49.5
2010 70.3 48.8
2009 70 43.8
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/sao-tome-and-principe | CC BY

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 60.6 for Sao Tome and Principe, ranking 93/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Sao Tome
Services, % of GDP
63.6%
2024
80.3%
2024
Industry, % of GDP
23.4%
2024
2.83%
2024
Agriculture, forestry, and fishing, % of GDP
2.57%
2024
12.5%
2024
GNI, Atlas method
$78.4B
2024
$671M
2024
GNI per capita, PPP
$53,920
2024
$6,240
2024
Total reserves including gold
$7.41B
2024
$46.2M
2023
Total reserves ranking
86/177
2024
176/177
2023
Net foreign direct investment
-$3.91B
2024
$20.5M
2024
Net inflows of foreign direct investment
$4.7B
2024
-$16.7M
2024
Net outflows of foreign direct investment
$795M
2024
$3.83M
2024
Servicing debt to the IMF, % of GNI n/a
0.64%
2024
Poverty at national poverty lines
20.9%
2021
66.2%
2020
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/sao-tome-and-principe | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.