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Economy of Lithuania vs Togo compared: GDP & Debt

Updated on by Georank team

Lithuania has a GDP of $84.9B compared to $10.7B for Togo, ranking 79/197 and 154/197 by economy size, respectively.

Lithuania has $32.4B in government debt (38.2% of GDP), compared to $7.68B (72.1% of GDP) in Togo.

Lithuania vs Togo GDP by year

Lithuania
Togo
1x
Year GDP, current $
Lithuania Togo
2024 $84,869,215,513 $10,651,180,147
2023 $79,789,877,416 $9,816,236,303
2022 $71,033,884,500 $8,646,453,099
2021 $67,037,321,009 $8,541,668,141
2020 $57,412,038,533 $7,486,031,562
2019 $55,122,066,226 $6,992,654,019
2018 $54,261,795,149 $7,029,215,766
2017 $47,756,764,508 $6,387,424,240
2016 $42,970,749,245 $6,071,167,584
2015 $41,540,954,817 $5,755,457,836
2014 $48,306,546,657 $6,393,314,708
2013 $46,303,660,422 $6,021,729,630
2012 $42,709,372,067 $5,413,541,649
2011 $43,186,501,863 $5,422,439,152
2010 $36,638,128,534 $4,746,386,893
2009 $37,494,380,039 $4,721,888,275
2008 $47,831,254,208 $4,578,847,113
2007 $39,729,151,615 $3,759,962,853
2006 $30,116,192,747 $3,320,907,722
2005 $26,105,207,115 $3,221,910,408
2004 $22,743,164,431 $3,191,561,509
2003 $18,809,197,970 $2,987,984,051
2002 $14,282,292,665 $2,410,199,032
2001 $12,260,761,329 $2,093,498,674
2000 $11,550,695,727 $2,106,848,752
1999 $11,022,095,814 $2,226,577,204
1998 $11,289,161,847 $2,241,650,112
1997 $10,168,271,903 $2,116,818,623
1996 $8,430,207,164 $2,069,506,014
1995 $7,921,210,340 $1,849,110,468
1994 - $1,387,662,121
1993 - $1,741,944,426
1992 - $2,390,796,916
1991 - $2,262,767,860
1990 - $2,299,665,506
1989 - $1,910,635,575
1988 - $1,947,208,354
1987 - $1,763,978,066
1986 - $1,498,219,579
1985 - $1,076,604,520
1984 - $1,014,170,069
1983 - $1,081,387,265
1982 - $1,160,337,039
1981 - $1,359,026,709
1980 - $1,604,836,916
1979 - $1,259,365,712
1978 - $1,164,025,637
1977 - $1,097,893,826
1976 - $874,681,612
1975 - $871,781,687
1974 - $791,450,308
1973 - $574,030,984
1972 - $474,043,922
1971 - $404,648,368
1970 - $358,665,754
1969 - $378,091,810
1968 - $341,691,567
1967 - $327,215,844
1966 - $305,227,595
1965 - $264,505,506
1964 - $234,572,186
1963 - $202,305,865
1962 - $186,745,758
1961 - $178,497,098
1960 - $171,057,069

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/togo | CC BY

GDP per capita in Lithuania vs Togo by year

Lithuania
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,384 $55,286 $1,119 $3,365
2023 $27,786 $52,348 $1,055 $3,154
2022 $25,086 $50,936 $951 $2,935
2021 $23,870 $45,874 $962 $2,639
2020 $20,429 $41,263 $863 $2,384
2019 $19,609 $40,564 $826 $2,215
2018 $19,247 $36,492 $851 $2,067
2017 $16,800 $31,305 $793 $1,986
2016 $14,934 $28,699 $773 $1,933
2015 $14,270 $26,949 $751 $1,880
2014 $16,446 $26,275 $856 $1,803
2013 $15,637 $24,890 $827 $1,715
2012 $14,288 $23,275 $762 $1,645
2011 $14,262 $21,558 $784 $1,616
2010 $11,829 $18,719 $705 $1,537
2009 $11,854 $17,055 $721 $1,474
2008 $14,956 $19,410 $719 $1,429
2007 $12,295 $17,969 $608 $1,387
2006 $9,210 $15,522 $553 $1,407
2005 $7,857 $13,951 $551 $1,368
2004 $6,735 $12,605 $560 $1,427
2003 $5,507 $11,660 $538 $1,440
2002 $4,148 $10,296 $445 $1,357
2001 $3,533 $9,399 $397 $1,320
2000 $3,301 $8,475 $410 $1,315
1999 $3,128 $7,918 $445 $1,332
1998 $3,181 $7,846 $461 $1,318
1997 $2,844 $7,167 $448 $1,373
1996 $2,341 $6,479 $452 $1,218
1995 $2,183 $6,023 $419 $1,140
1994 - $5,667 $329 $1,082
1993 - $6,107 $414 $925
1992 - $7,087 $565 $1,057
1991 - $8,790 $550 $1,107
1990 - $9,030 $575 $1,110
1989 - - $492 -
1988 - - $517 -
1987 - - $482 -
1986 - - $422 -
1985 - - $313 -
1984 - - $304 -
1983 - - $336 -
1982 - - $372 -
1981 - - $451 -
1980 - - $549 -
1979 - - $443 -
1978 - - $421 -
1977 - - $406 -
1976 - - $332 -
1975 - - $339 -
1974 - - $315 -
1973 - - $234.4 -
1972 - - $198.8 -
1971 - - $174.6 -
1970 - - $159.8 -
1969 - - $174.7 -
1968 - - $164.3 -
1967 - - $163.9 -
1966 - - $159.1 -
1965 - - $142.7 -
1964 - - $130.1 -
1963 - - $114.6 -
1962 - - $107.8 -
1961 - - $104.8 -
1960 - - $102.2 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/lithuania/togo | CC BY

Lithuania's GDP per capita is $29,384, ranking 43/197, compared to $1,119 in Togo, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Togo ranks 173rd at $3,365.

Economic indicators

Lithuania Togo
Gross domestic product
$84.9B
2024
$10.7B
2024
GDP rank
79/197
2024
154/197
2024
GDP growth
2.77%
2023-2024
6.53%
2023-2024
GDP per capita
$29,384
2024
$1,119
2024
GDP per capita rank
43/197
2024
172/197
2024
GDP per capita, PPP
$55,286
2024
$3,365
2024
GDP per capita PPP rank
39/197
2024
173/197
2024
Government debt
$32.4B
2024
$7.68B
2024
Debt-to-GDP ratio
38.2%
2024
72.1%
2024
Government debt per person
$11,232
2024
$807
2024
Government debt per person rank
49/185
2024
149/185
2024
Average annual personal income after taxes
$19,946
2026
$1,661
2026
Income share by richest 10%
27.3%
2023
29.6%
2021
Income share by poorest 10%
2.2%
2023
2.8%
2021
Government expenditure, % of GDP
39.5%
2024
26.4%
2024
Consumer prices inflation
0.72%
2023-2024
2.86%
2023-2024
Unemployment rate
7.1%
2024
1.97%
2022
Population
2829914
9990340

Spending and national debt comparison by year

Lithuania
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
Lithuania Togo
Government spending Government debt Government spending Government debt
2024 39.5% 38.2% 26.4% 72.1%
2023 37.4% 37.3% 26.6% 68.6%
2022 36.3% 38.1% 26% 67%
2021 37.3% 43.3% 21.8% 64.9%
2020 42.4% 45.9% 23.7% 62.2%
2019 34.6% 35.6% 16.6% 54.9%
2018 33.8% 33.3% 18.8% 58%
2017 33.4% 39.3% 16.3% 57.1%
2016 34.5% 40% 22.9% 59.9%
2015 35.2% 42.6% 22.9% 52.4%
2014 35% 40.7% 21.9% 44.9%
2013 35.7% 38.9% 20.5% 41.1%
2012 36.6% 39.9% 19.1% 34.3%
2011 40.1% 37.5% 18.2% 37%
2010 43% 36.7% 15.1% 33.5%
2009 44.8% 27.9% 14.3% 57.6%
2008 38.2% 14.6% 12.4% 67.3%
2007 35.3% 15.9% 13.7% 70.5%
2006 34.4% 17.3% 14.7% 67.7%
2005 34.1% 17.6% 13.3% 63.1%
2004 33.9% 18.6% 10.6% 48.7%
2003 32.8% 20.4% 8.88% 50%
2002 34.4% 22.1% 8.42% 54.8%
2001 36.5% 22.9% 10.9% 68.5%
2000 38.7% 23.5% 11.9% 66.5%
1999 42.4% 28% 11.9% 59.9%
1998 39.6% 21.7% 12.8% 62.8%
1997 35% - 10.6% 54.4%
1996 34.4% - 12.4% 60.4%
1995 35.5% - 12.7% 64.8%
1994 - - 13.2% 79%
1993 - - 14.8% 58.3%
1992 - - 12.6% 45%
1991 - - 14.6% 46.9%
1990 - - 16.8% 44.7%
1989 - - 16.9% 46.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2004, retrieved 2026-02-20).

GeoRank.org/economy/lithuania/togo | CC BY

In 2024, Lithuania's government spending was $33.5B, accounting for 39.5% of its GDP, while Togo spent $2.81B, or 26.4% of GDP.

Debt-to-GDP ratio is 38.2% in Lithuania and 72.1% in Togo, ranking 139/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Togo
1x
Year Deficit/surplus, % of GDP
Lithuania Togo
2024 -1.28% -7.43%
2023 -0.69% -6.73%
2022 -0.72% -8.33%
2021 -1.15% -4.65%
2020 -6.42% -7.05%
2019 0.41% 1.67%
2018 0.52% -0.59%
2017 0.36% -0.21%
2016 0.03% -7.02%
2015 -0.77% -7.04%
2014 -1.79% -7.11%
2013 -2.69% -5.08%
2012 -3.15% -4.63%
2011 -5.92% -4.48%
2010 -6.95% -1.66%
2009 -9.09% -2.63%
2008 -3.09% -0.59%
2007 -0.82% -1.83%
2006 -0.27% -1.94%
2005 -0.34% -1.67%
2004 -1.39% 0.61%
2003 -1.26% 1.43%
2002 -1.85% -0.28%
2001 -3.52% -0.72%
2000 -3.18% -3.45%
1999 -7.82% -1.76%
1998 -4.93% -3.25%
1997 -0.76% -0.98%
1996 -3.59% -3.26%
1995 -3.31% -2.97%
1994 - -5.37%
1993 - -8.46%
1992 - -2.27%
1991 - -3.52%
1990 - -1.65%
1989 - -2.18%

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

GeoRank.org/economy/lithuania/togo | 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 Togo's deficit of $791M, or 7.43% of GDP.

Over the past 30 years, Lithuania recorded a fiscal deficit in 26 of those years, while Togo ran a deficit in 27 years. On average, Lithuania posted an annual deficit equal to 2.51% of GDP, compared to deficit of 3.12% of GDP for Togo.

Inflation comparison by year

Inflation
Lithuania

Togo
1x
Year Consumer prices inflation
Lithuania Togo
2024 0.72% 2.86%
2023 9.12% 5.49%
2022 19.7% 7.97%
2021 4.68% 4.19%
2020 1.2% 1.7%
2019 2.33% 0.67%
2018 2.7% 0.93%
2017 3.72% -0.98%
2016 0.91% 1.29%
2015 -0.88% 2.59%
2014 0.1% 0.19%
2013 1.05% 1.83%
2012 3.09% 2.58%
2011 4.13% 3.56%
2010 1.32% 1.45%
2009 4.45% 3.71%
2008 10.9% 8.69%
2007 5.74% 0.95%
2006 3.74% 2.23%
2005 2.66% 6.78%
2004 1.16% 0.39%
2003 -1.13% -0.93%
2002 0.28% 3.06%
2001 1.37% 3.92%
2000 0.98% 1.86%
1999 0.73% -0.05%
1998 5.07% 0.98%
1997 8.88% 8.25%

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

GeoRank.org/economy/lithuania/togo | CC BY

Over the past 28 years, Lithuania has recorded an average annual inflation rate of 3.53%, compared with 2.72% in Togo. In 2024, inflation was 0.72% in Lithuania and 2.86% in Togo.

Top exports between countries

Lithuania
Export category Export value
Raw agricultural goods $4.91M
Textiles & consumer goods $4.67M
Processed food, beverages & tobacco $250K
Machinery & equipment $240K
Animal & marine products $112K
Chemicals & pharma $61K
Raw materials & minerals $37K
Wood & paper products $21K
Precious metals & jewellery $6K
Metals $1K
Togo
Export category Export value
Machinery & equipment $4K
Textiles & consumer goods $1K

Balance of trade

Lithuania Togo
Current account balance
$2.77B
2024
-$20.7M
2020
Current account balance ranking
41/190
2024
79/190
2020
Current account balance, % of GDP
+3.27%
2024
-0.28%
2020
Goods imports
$43.8B
2024
$1.95B
2020
Goods exports
$38.9B
2024
$1.21B
2020
Service imports
$14.7B
2024
$438M
2020
Service exports
$24.3B
2024
$514M
2020
Imports of goods and services, % of GDP
68.9%
2024
38.1%
2024
Exports of goods and services, % of GDP
74.1%
2024
24.4%
2024

Economic freedom indices

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

Lithuania Togo
Economic freedom 75.3 51.6
Economic freedom ranking 18/197 153/197
Property rights 91.8 43.6
Government integrity 71.4 33.3
Judicial effectiveness 73.2 34
Tax burden 76.2 68.9
Government spending 57.3 79.2
Fiscal health 95.8 9.6
Business freedom 84.2 60.1
Labor freedom 58.1 51.9
Monetary freedom 76.7 72.5
Trade freedom 79.4 65.8
Investment freedom 70 60
Financial freedom 70 40

Economic freedom comparison by year

Lithuania
Togo
1x
Year Economic freedom index
Lithuania Togo
2026 75.3 51.6
2025 74.6 52.3
2024 72.9 50.9
2023 72.2 55.3
2022 75.8 57.2
2021 76.9 57.5
2020 76.7 54.1
2019 74.2 50.3
2018 75.3 47.8
2017 75.8 53.2
2016 75.2 53.6
2015 74.7 53
2014 73 49.9
2013 72.1 48.8
2012 71.5 48.3
2011 71.3 49.1
2010 70.3 47.1
2009 70 48.7
2008 70.9 48.9
2007 71.5 49.7
2006 71.8 47.3
2005 70.5 48.2
2004 72.4 47
2003 69.7 46.8
2002 66.1 45.2
2001 65.5 45.3
2000 61.9 46.4
1999 61.5 48.2
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/togo | CC BY

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Togo
Services, % of GDP
63.6%
2024
49.2%
2024
Industry, % of GDP
23.4%
2024
20.4%
2024
Agriculture, forestry, and fishing, % of GDP
2.57%
2024
21.3%
2024
GNI, Atlas method
$78.4B
2024
$10.3B
2024
GNI per capita, PPP
$53,920
2024
$3,380
2024
Total reserves including gold
$7.41B
2024
n/a
Total reserves ranking
86/177
2024
n/a
Net foreign direct investment
-$3.91B
2024
-$53.1M
2020
Net inflows of foreign direct investment
$4.7B
2024
$83.8M
2024
Net outflows of foreign direct investment
$795M
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI n/a
3.21%
2024
Poverty at national poverty lines
20.9%
2021
43.8%
2021
Gross capital formation, % of GDP
20.4%
2024
20.8%
2024

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/togo | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, 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 (1989–2004, retrieved 2026-02-20)
  6. TradeMap (2021–2024, 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.