Lithuania vs Tanzania: Economic Indicators Comparison

Tanzania with a GDP of $58B ranked the 80th largest economy in the world, while Lithuania ranked 83rd with $53.4B. By GDP 5-years average growth and GDP per capita, Tanzania and Lithuania ranked 18th vs 83rd and 169th vs 49th, respectively.

Gross Domestic Product & Income

StatLithuaniaTanzania
GDP$53.4B$58B
GDP growth, 1 year3.4%6.6%
GDP growth, 5-years average3.1%6.6%
Population2.8M57.3M
GDP per capita$19k$1.1k
GDP per capita growth5.09%2.12%
Purchasing Power Parity conversion factor0.46741.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.33
GDP per capita, PPP adjusted$35k$3.4k
GNI, Atlas method$48.6B$55.7B
GNI per capita$17k$1k
GNI, PPP adjusted$95.7B$171.7B
GNI per capita, PPP adjusted$34k$3.2k

Financial system and Human development

StatLithuaniaTanzania
Income Tax Rate20%30%
Corporate Tax Rate15%30%
Inflation, consumer prices2.5%3.5%
Inflation, GDP deflator3.3%4.8%
Unemployment6%1.9%
Economic Freedom Index76.761.7
Personal Freedom Index8.576.51
Human Freedom Index7.946.37
Property Rights Index77.941.9
Judical Effectiveness Index62.143.4
Business Freedom Index71.945.9
Fiscal Health Index97.492.9
Labor Freedom Index76.566.4
Investment Freedom Index8055
Financial Freedom Index7050
Trade Freedom Index86.467.8
Monetary Freedom Index79.772.2
Government Spending Index6691.6
Tax Burden Index84.980.6
Government Integrity Index67.432.5
Corruption Perceptions Index5936
Life expectancy at birth, years74.764.5
Suicide mortality rate, per 100,000 people31.95.4
Mortality caused by road traffic injury, per 100,000 people829.2
Intentional homicides, per 100,000 people4.57
International tourism, number of arrivals2.8M1.4M

Government debt & reserves

StatLithuaniaTanzania
Central government debt, % of GDP35.9%36%
External debt stocks, % of GNIN/A33.1%
External debt stocksN/A$18.6B
Short-term debt, % of total reservesN/A35.9%
Total debt service, % of exports and primary incomeN/A8.4%
Adjusted net savings including particulate emission damage, % of GNI3.4%23.1%
Gross savings, % of GDP20.3%30.5%
Gross capital formation, % of GDP19.8%34%
Total reserves including gold$5.8B$5B
Foreign direct investment net inflows$867.7M$1.1B

Exports, imports and economic structure

StatLithuaniaTanzania
Exports of goods and services, % of GDP75.6%15.1%
Imports of goods and services, % of GDP73.7%17.1%
Current account balance (balance of payments)$817.6M-$1.9B
Revenue excluding grants, % of GDP31.2%13.7%
Grants excluding technical cooperation, BoP$236.8M$1.6B
Personal remittances received$1.4B$412.9M
Industry including construction value added, % of GDP25.5%25.1%
Agriculture, forestry and fishing value added, % of GDP2.9%28.7%
Charges for the use of intellectual property, payments BoP$61.7M$6.1M
Charges for the use of intellectual property, receipts BoP$31.1M$83k
Expense, % of GDP31.1%14.3%
Government Expenditure, % of GDP33.7%16.8%

Compare with countries close by GDP per capita

Lithuania vs

CountryGDP
per capita
Population
Spain
$30k
46.7M
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

Tanzania vs

CountryGDP
per capita
Population
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M