Lithuania vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Lithuania ranked 83rd with $53.4B. By GDP 5-years average growth and GDP per capita, Spain and Lithuania ranked 104th vs 83rd and 34th vs 49th, respectively.

Gross Domestic Product & Income

StatLithuaniaSpain
GDP$53.4B$1.4T
GDP growth, 1 year3.4%2.5%
GDP growth, 5-years average3.1%2.7%
Population2.8M46.7M
GDP per capita$19k$30k
GDP per capita growth5.09%2.07%
Purchasing Power Parity conversion factor0.460.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.76
GDP per capita, PPP adjusted$35k$40k
GNI, Atlas method$48.6B$1.4T
GNI per capita$17k$29k
GNI, PPP adjusted$95.7B$1.9T
GNI per capita, PPP adjusted$34k$40k

Financial system and Human development

StatLithuaniaSpain
Income Tax Rate20%45%
Corporate Tax Rate15%25%
Inflation, consumer prices2.5%1.7%
Inflation, GDP deflator3.3%1.1%
Unemployment6%15.5%
Economic Freedom Index76.766.9
Personal Freedom Index8.578.95
Human Freedom Index7.948.22
Property Rights Index77.974.9
Judical Effectiveness Index62.151.8
Business Freedom Index71.966.8
Fiscal Health Index97.462.6
Labor Freedom Index76.557.7
Investment Freedom Index8085
Financial Freedom Index7070
Trade Freedom Index86.486.4
Monetary Freedom Index79.782
Government Spending Index6648.3
Tax Burden Index84.962.1
Government Integrity Index67.455.1
Corruption Perceptions Index5958
Life expectancy at birth, years74.783.3
Suicide mortality rate, per 100,000 people31.98.7
Mortality caused by road traffic injury, per 100,000 people84.1
Intentional homicides, per 100,000 people4.50.7
International tourism, number of arrivals2.8M82.8M

Government debt & reserves

StatLithuaniaSpain
Central government debt, % of GDP35.9%97%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI3.4%9.1%
Gross savings, % of GDP20.3%22.3%
Gross capital formation, % of GDP19.8%20.4%
Total reserves including gold$5.8B$70.6B
Foreign direct investment net inflows$867.7M$49.1B

Exports, imports and economic structure

StatLithuaniaSpain
Exports of goods and services, % of GDP75.6%35.1%
Imports of goods and services, % of GDP73.7%32.4%
Current account balance (balance of payments)$817.6M$27.3B
Revenue excluding grants, % of GDP31.2%15.7%
Grants excluding technical cooperation, BoP$236.8MN/A
Personal remittances received$1.4B$3.4B
Industry including construction value added, % of GDP25.5%20%
Agriculture, forestry and fishing value added, % of GDP2.9%2.8%
Charges for the use of intellectual property, payments BoP$61.7M$6.6B
Charges for the use of intellectual property, receipts BoP$31.1M$2.5B
Expense, % of GDP31.1%18.8%
Government Expenditure, % of GDP33.7%41.5%

Compare with countries close by GDP per capita

Lithuania vs

CountryGDP
per capita
Population
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M

Spain vs

CountryGDP
per capita
Population
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Barbados
$18k
286k