Lithuania vs Sweden: Economic Indicators Comparison

Sweden with a GDP of $556.1B ranked the 23rd largest economy in the world, while Lithuania ranked 83rd with $53.4B. By GDP 5-years average growth and GDP per capita, Sweden and Lithuania ranked 98th vs 83rd and 14th vs 49th, respectively.

Gross Domestic Product & Income

Stat	Lithuania	Sweden
GDP	$53.4B	$556.1B
GDP growth, 1 year	3.4%	2.3%
GDP growth, 5-years average	3.1%	2.8%
Population	2.8M	10.3M
GDP per capita	$19k	$55k
GDP per capita growth	5.09%	0.97%
Purchasing Power Parity conversion factor	0.46	8.92
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	1.03
GDP per capita, PPP adjusted	$35k	$53k
GNI, Atlas method	$48.6B	$565.1B
GNI per capita	$17k	$55k
GNI, PPP adjusted	$95.7B	$550.2B
GNI per capita, PPP adjusted	$34k	$54k

Financial system and Human development

Stat	Lithuania	Sweden
Income Tax Rate	20%	57%
Corporate Tax Rate	15%	21.4%
Inflation, consumer prices	2.5%	2%
Inflation, GDP deflator	3.3%	2.3%
Unemployment	6%	6.4%
Economic Freedom Index	76.7	74.9
Personal Freedom Index	8.57	9.37
Human Freedom Index	7.94	8.48
Property Rights Index	77.9	88.8
Judical Effectiveness Index	62.1	79.9
Business Freedom Index	71.9	85.3
Fiscal Health Index	97.4	97
Labor Freedom Index	76.5	53.8
Investment Freedom Index	80	85
Financial Freedom Index	70	80
Trade Freedom Index	86.4	86.4
Monetary Freedom Index	79.7	81.2
Government Spending Index	66	25.8
Tax Burden Index	84.9	43.6
Government Integrity Index	67.4	91.4
Corruption Perceptions Index	59	85
Life expectancy at birth, years	74.7	82.3
Suicide mortality rate, per 100,000 people	31.9	14.8
Mortality caused by road traffic injury, per 100,000 people	8	2.8
Intentional homicides, per 100,000 people	4.5	1.1
International tourism, number of arrivals	2.8M	7.4M

Government debt & reserves

Stat	Lithuania	Sweden
Central government debt, % of GDP	35.9%	39%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	3.4%	19.1%
Gross savings, % of GDP	20.3%	29.2%
Gross capital formation, % of GDP	19.8%	26.8%
Total reserves including gold	$5.8B	$60.6B
Foreign direct investment net inflows	$867.7M	$9B

Exports, imports and economic structure

Stat	Lithuania	Sweden
Exports of goods and services, % of GDP	75.6%	45.8%
Imports of goods and services, % of GDP	73.7%	43.3%
Current account balance (balance of payments)	$817.6M	$9.5B
Revenue excluding grants, % of GDP	31.2%	32.8%
Grants excluding technical cooperation, BoP	$236.8M	N/A
Personal remittances received	$1.4B	$3.1B
Industry including construction value added, % of GDP	25.5%	22.6%
Agriculture, forestry and fishing value added, % of GDP	2.9%	1.4%
Charges for the use of intellectual property, payments BoP	$61.7M	$4.9B
Charges for the use of intellectual property, receipts BoP	$31.1M	$7.4B
Expense, % of GDP	31.1%	31.1%
Government Expenditure, % of GDP	33.7%	49.7%