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Economy of Lithuania vs Vanuatu compared: GDP & Debt

Updated on by Georank

Lithuania has a GDP of $95.2B compared to $1.35B for Vanuatu, ranking 79/197 and 185/197 by economy size, respectively.

Lithuania has $37.9B in government debt (39.8% of GDP), compared to $554M (40.9% of GDP) in Vanuatu.

Lithuania vs Vanuatu GDP by year

Lithuania
Vanuatu
1x
Year GDP, current $
Lithuania Vanuatu
2025 $95,210,150,818 $1,353,658,841
2024 $85,503,938,574 $1,297,956,615
2023 $80,356,613,555 $1,188,137,265
2022 $70,639,687,326 $1,151,863,790
2021 $67,072,165,721 $1,093,826,089
2020 $57,412,038,533 $1,017,403,363
2019 $55,122,066,226 $1,061,547,513
2018 $54,261,795,149 $1,034,402,941
2017 $47,756,764,508 $998,536,155
2016 $42,970,749,245 $908,725,513
2015 $41,540,954,817 $855,360,240
2014 $48,306,546,657 $879,185,478
2013 $46,303,660,422 $863,347,172
2012 $42,709,372,067 $747,839,698
2011 $43,186,501,863 $770,153,588
2010 $36,638,128,534 $670,712,980
2009 $37,494,380,039 $592,622,319
2008 $47,831,254,208 $590,748,429
2007 $39,729,151,615 $516,392,923
2006 $30,116,192,747 $439,358,587
2005 $26,105,207,115 $394,962,433
2004 $22,743,164,431 $364,996,869
2003 $18,809,197,970 $314,471,413
2002 $14,282,292,665 $262,596,536
2001 $12,260,761,329 $257,926,882
2000 $11,550,695,727 $272,014,628
1999 $11,022,095,814 $268,006,973
1998 $11,289,161,847 $262,293,411
1997 $10,168,271,903 $272,771,209
1996 $8,430,207,164 $261,370,044
1995 $7,921,210,340 $249,333,250
1994 - $233,701,301
1993 - $200,491,853
1992 - $209,088,825
1991 - $201,334,169
1990 - $168,879,207
1989 - $154,013,202
1988 - $158,351,368
1987 - $139,464,174
1986 - $126,498,935
1985 - $131,856,421
1984 - $144,482,515
1983 - $117,389,554
1982 - $114,501,913
1981 - $113,781,796
1980 - $121,185,498
1979 - $119,258,835

Data sources: World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08).

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

GDP per capita in Lithuania vs Vanuatu by year

Lithuania
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,959 - $4,039 -
2024 $29,604 $55,286 $3,960 $3,606
2023 $27,983 $52,348 $3,708 $3,568
2022 $24,947 $50,936 $3,680 $3,453
2021 $23,883 $45,874 $3,576 $3,136
2020 $20,429 $41,263 $3,404 $3,118
2019 $19,609 $40,564 $3,636 $3,315
2018 $19,247 $36,492 $3,626 $3,233
2017 $16,800 $31,305 $3,585 $3,146
2016 $14,934 $28,699 $3,340 $3,030
2015 $14,270 $26,949 $3,214 $2,966
2014 $16,446 $26,275 $3,378 $2,890
2013 $15,637 $24,890 $3,393 $2,832
2012 $14,288 $23,275 $3,005 $2,834
2011 $14,262 $21,558 $3,163 $2,816
2010 $11,829 $18,719 $2,815 $2,733
2009 $11,854 $17,055 $2,546 $2,730
2008 $14,956 $19,410 $2,604 $2,701
2007 $12,295 $17,969 $2,334 $2,573
2006 $9,210 $15,522 $2,035 $2,496
2005 $7,857 $13,951 $1,874 $2,287
2004 $6,735 $12,605 $1,774 $2,157
2003 $5,507 $11,660 $1,567 $2,070
2002 $4,148 $10,296 $1,341 $1,995
2001 $3,533 $9,399 $1,350 $2,125
2000 $3,301 $8,475 $1,460 $2,206
1999 $3,128 $7,918 $1,472 $2,084
1998 $3,181 $7,846 $1,471 $2,091
1997 $2,844 $7,167 $1,562 $2,087
1996 $2,341 $6,479 $1,529 $1,998
1995 $2,183 $6,023 $1,492 $1,961
1994 - $5,667 $1,431 $1,946
1993 - $6,107 $1,257 $1,789
1992 - $7,087 $1,344 $1,777
1991 - $8,790 $1,326 $1,737
1990 - $9,030 $1,141 $1,670
1989 - - $1,067 -
1988 - - $1,125 -
1987 - - $1,017 -
1986 - - $946 -
1985 - - $1,012 -
1984 - - $1,137 -
1983 - - $947 -
1982 - - $946 -
1981 - - $962 -
1980 - - $1,048 -
1979 - - $1,055 -

Data sources: World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08).

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

Lithuania's GDP per capita is $32,959, ranking 39/197, compared to $4,039 in Vanuatu, ranking 133/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Vanuatu ranks 170th at $3,606.

Economic indicators

Lithuania Vanuatu
Gross domestic product
$95.2B
2025
$1.35B
2025
GDP rank
79/197
2025
185/197
2025
GDP growth
2.92%
2024-2025
3.05%
2024-2025
GDP per capita
$32,959
2025
$4,039
2025
GDP per capita rank
39/197
2025
133/197
2025
GDP per capita, PPP
$55,286
2024
$3,606
2024
GDP per capita PPP rank
39/197
2024
170/197
2024
Government debt
$37.9B
2025
$554M
2025
Debt-to-GDP ratio
39.8%
2025
40.9%
2025
Government debt per person
$13,127
2025
$1,654
2025
Government debt per person rank
49/185
2025
125/185
2025
Average annual personal income after taxes
$20,453
2026
$2,801
2026
Income share by richest 10%
27.3%
2023
24.7%
2019
Income share by poorest 10%
2.2%
2023
3%
2019
Government expenditure, % of GDP
41.2%
2025
35.5%
2025
Consumer prices inflation
3.79%
2024-2025
0.66%
2024-2025
Unemployment rate
6.9%
2025
1.41%
2025
Population
2845693
346488

Spending and national debt comparison by year

Lithuania
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Lithuania Vanuatu
Government spending Government debt Government spending Government debt
2025 41.2% 39.8% 35.5% 40.9%
2024 39.4% 38% 33.1% 39.1%
2023 37.2% 37.1% 38.9% 39.2%
2022 36.6% 38.3% 38.5% 39.2%
2021 37.3% 43.3% 38.6% 42.2%
2020 42.4% 45.9% 38.8% 42.9%
2019 34.6% 35.6% 35.1% 39.8%
2018 33.8% 33.3% 29.4% 40%
2017 33.4% 39.1% 32.7% 46.4%
2016 34.5% 39.8% 31.2% 37.6%
2015 35.2% 42.4% 38.1% 32.2%
2014 35% 40.7% 20.5% 17.8%
2013 35.7% 38.9% 20.1% 16.4%
2012 36.6% 39.9% 22.1% 17.4%
2011 40.1% 37.5% 22.7% 19.3%
2010 43% 36.7% 25.6% 18.3%
2009 44.8% 27.9% 24.9% 19.1%
2008 38.2% 14.6% 25.1% 19.2%
2007 35.3% 15.9% 20.3% 17.6%
2006 34.4% 17.3% 18.2% 20%
2005 34.1% 17.6% 16.5% 23.8%
2004 33.9% 18.6% 16.7% 27.5%
2003 32.8% 20.4% 17% 34.6%
2002 34.4% 22.1% 20.2% 35.1%
2001 36.5% 22.9% 20.2% 33.5%
2000 38.7% 23.5% 23% 32.6%
1999 42.4% 28% 21.6% 27.7%
1998 39.6% 21.7% 25.2% 25.4%
1997 35.1% - 20.1% 20.7%
1996 34.4% - 22.1% 20.8%
1995 35.5% - 25.3% 21.8%
1994 - - 22% 19.5%
1993 - - 23.7% 18.3%
1992 - - 28.8% 19%
1991 - - 30% 14.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Lithuania's government spending was $39.2B, accounting for 41.2% of its GDP, while Vanuatu spent $480M, or 35.5% of GDP.

Debt-to-GDP ratio is 39.8% in Lithuania and 40.9% in Vanuatu, ranking 135/185 and 131/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Vanuatu
1x
Year Deficit/surplus, % of GDP
Lithuania Vanuatu
2025 -2.18% -3.88%
2024 -1.28% -2.46%
2023 -0.66% -0.78%
2022 -0.72% -5.96%
2021 -1.15% 2.07%
2020 -6.42% -1.74%
2019 0.41% 2.48%
2018 0.52% 5.53%
2017 0.36% -1.06%
2016 0.03% -0.64%
2015 -0.77% -8.13%
2014 -1.79% 1.26%
2013 -2.69% -0.22%
2012 -3.15% -1.54%
2011 -5.92% -1.98%
2010 -6.95% -2.38%
2009 -9.09% -0.76%
2008 -3.09% -0.04%
2007 -0.82% 0.25%
2006 -0.27% 0.44%
2005 -0.34% 1.68%
2004 -1.39% 0.72%
2003 -1.26% -1.22%
2002 -1.85% -3.29%
2001 -3.52% -3.01%
2000 -3.18% -5.67%
1999 -7.82% -0.5%
1998 -4.93% -6.01%
1997 -0.76% -0.46%
1996 -3.58% -1.61%
1995 -3.31% -2.34%
1994 - -1.35%
1993 - -3.32%
1992 - -2.1%
1991 - -2.54%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Lithuania's government deficit, the difference between spending and revenue, was $2.08B, equivalent to 2.18% of GDP. This compares to Vanuatu's deficit of $52.6M, or 3.88% of GDP.

Over the past 31 years, Lithuania recorded a fiscal deficit in 27 of those years, while Vanuatu ran a deficit in 23 years. On average, Lithuania posted an annual deficit equal to 2.5% of GDP, compared to deficit of 1.33% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Lithuania

Vanuatu
1x
Year Consumer prices inflation
Lithuania Vanuatu
2025 3.79% 0.66%
2024 0.72% 1.14%
2023 9.12% 11.2%
2022 19.7% 6.68%
2021 4.68% 2.34%
2020 1.2% 5.33%
2019 2.33% 2.76%
2018 2.7% 2.33%
2017 3.72% 3.08%
2016 0.91% 0.84%
2015 -0.88% 2.48%
2014 0.1% 0.8%
2013 1.05% 1.46%
2012 3.09% 1.35%
2011 4.13% 0.87%
2010 1.32% 2.76%
2009 4.45% 4.3%
2008 10.9% 4.84%
2007 5.74% 3.94%
2006 3.74% 2.04%
2005 2.66% 1.2%
2004 1.16% 1.42%
2003 -1.13% 3.02%
2002 0.28% 1.96%
2001 1.37% 3.58%
2000 0.98% 2.54%
1999 0.73% 2%
1998 5.07% 3.28%
1997 8.88% 2.83%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Lithuania has recorded an average annual inflation rate of 3.54%, compared with 2.86% in Vanuatu. In 2025, inflation was 3.79% in Lithuania and 0.66% in Vanuatu.

Top exports between countries

Lithuania
Export category Export value
Machinery & equipment $31K
Miscellaneous $29K
Raw materials & minerals $6K
Vanuatu
Export category Export value

Balance of trade

Lithuania Vanuatu
Current account balance
$900M
2025
-$127M
2022
Current account balance ranking
51/190
2025
83/190
2022
Current account balance, % of GDP
+0.94%
2025
-11.1%
2022
Goods imports
$48.3B
2025
$350M
2022
Goods exports
$40.7B
2025
$73.6M
2022
Service imports
$17.5B
2025
$230M
2022
Service exports
$28.8B
2025
$78.5M
2022
Imports of goods and services, % of GDP
69.1%
2025
48%
2024
Exports of goods and services, % of GDP
73%
2025
25.3%
2024

Economic freedom indices

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

Lithuania Vanuatu
Economic freedom 75.3 61.1
Economic freedom ranking 18/197 92/197
Property rights 91.8 62.1
Government integrity 71.4 48.3
Judicial effectiveness 73.2 67.9
Tax burden 76.2 96.9
Government spending 57.3 48.1
Fiscal health 95.8 78.8
Business freedom 84.2 50.3
Labor freedom 58.1 41
Monetary freedom 76.7 72.1
Trade freedom 79.4 62
Investment freedom 70 65
Financial freedom 70 40

Economic freedom comparison by year

Lithuania
Vanuatu
1x
Year Economic freedom index
Lithuania Vanuatu
2026 75.3 61.1
2025 74.6 61.8
2024 72.9 62.2
2023 72.2 62.1
2022 75.8 62.9
2021 76.9 60.5
2020 76.7 60.7
2019 74.2 56.4
2018 75.3 69.5
2017 75.8 67.4
2016 75.2 60.8
2015 74.7 61.1
2014 73 59.5
2013 72.1 56.6
2012 71.5 56.6
2011 71.3 56.7
2010 70.3 56.4
2009 70 58.4
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 2026-07-08).

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

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Vanuatu
Services, % of GDP
64.8%
2025
56.8%
2024
Industry, % of GDP
22.1%
2025
10.1%
2024
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
26.6%
2024
GNI, Atlas method
$88.1B
2025
$1.48B
2025
GNI per capita, PPP
$55,010
2025
$4,970
2025
Total reserves including gold
$7.06B
2025
$615M
2024
Total reserves ranking
90/177
2025
152/177
2024
Net foreign direct investment
-$2.96B
2025
-$9.21M
2022
Net inflows of foreign direct investment
$4.7B
2024
$28.9M
2024
Net outflows of foreign direct investment
$795M
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI n/a
1.88%
2024
Poverty at national poverty lines
20.9%
2021
15.9%
2020
Gross capital formation, % of GDP
22.2%
2025
26.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.