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Economy of Lithuania vs Vietnam compared: GDP & Debt

Updated on by Georank

Lithuania has a GDP of $95.2B compared to $515B for Vietnam, ranking 79/197 and 33/197 by economy size, respectively.

Lithuania has $37.9B in government debt (39.8% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Lithuania vs Vietnam GDP by year

Lithuania
Vietnam
1x
Year GDP, current $
Lithuania Vietnam
2025 $95,210,150,818 $514,697,215,165
2024 $85,503,938,574 $476,324,572,784
2023 $80,356,613,555 $433,805,036,898
2022 $70,639,687,326 $413,445,230,669
2021 $67,072,165,721 $366,474,752,771
2020 $57,412,038,533 $346,615,738,538
2019 $55,122,066,226 $334,365,270,497
2018 $54,261,795,149 $310,106,478,395
2017 $47,756,764,508 $281,353,605,987
2016 $42,970,749,245 $257,096,001,178
2015 $41,540,954,817 $239,258,328,382
2014 $48,306,546,657 $233,451,469,643
2013 $46,303,660,422 $213,708,811,665
2012 $42,709,372,067 $195,590,661,129
2011 $43,186,501,863 $172,595,049,184
2010 $36,638,128,534 $147,201,173,197
2009 $37,494,380,039 $106,014,659,565
2008 $47,831,254,208 $99,130,304,099
2007 $39,729,151,615 $77,414,425,532
2006 $30,116,192,747 $66,371,664,817
2005 $26,105,207,115 $57,633,255,738
2004 $22,743,164,431 $45,427,854,693
2003 $18,809,197,970 $39,552,513,232
2002 $14,282,292,665 $35,064,105,501
2001 $12,260,761,329 $32,685,198,809
2000 $11,550,695,727 $31,172,518,403
1999 $11,022,095,814 $28,683,659,007
1998 $11,289,161,847 $27,209,602,050
1997 $10,168,271,903 $26,843,700,442
1996 $8,430,207,164 $24,657,470,575
1995 $7,921,210,340 $20,736,164,459
1994 - $16,286,433,533
1993 - $13,180,953,598
1992 - $9,866,990,236
1991 - $9,613,369,520
1990 - $6,471,740,806
1989 - $6,293,304,975
1988 - $25,423,812,649
1987 - $36,658,108,850
1986 - $26,336,616,250
1985 - $14,094,687,821

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

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

GDP per capita in Lithuania vs Vietnam by year

Lithuania
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lithuania Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,959 - $5,066 -
2024 $29,604 $55,286 $4,717 $16,386
2023 $27,983 $52,348 $4,323 $15,034
2022 $24,947 $50,936 $4,148 $13,905
2021 $23,883 $45,874 $3,704 $12,049
2020 $20,429 $41,263 $3,534 $11,609
2019 $19,609 $40,564 $3,441 $11,029
2018 $19,247 $36,492 $3,222 $10,010
2017 $16,800 $31,305 $2,956 $9,170
2016 $14,934 $28,699 $2,735 $8,375
2015 $14,270 $26,949 $2,578 $7,672
2014 $16,446 $26,275 $2,546 $7,297
2013 $15,637 $24,890 $2,360 $6,758
2012 $14,288 $23,275 $2,185 $6,377
2011 $14,262 $21,558 $1,951 $5,786
2010 $11,829 $18,719 $1,683 $5,389
2009 $11,854 $17,055 $1,226 $5,061
2008 $14,956 $19,410 $1,164 $4,844
2007 $12,295 $17,969 $926 $4,581
2006 $9,210 $15,522 $808 $4,237
2005 $7,857 $13,951 $711 $3,894
2004 $6,735 $12,605 $565 $3,543
2003 $5,507 $11,660 $497 $3,240
2002 $4,148 $10,296 $445 $3,002
2001 $3,533 $9,399 $419 $2,809
2000 $3,301 $8,475 $404 $2,614
1999 $3,128 $7,918 $376 $2,421
1998 $3,181 $7,846 $361 $2,308
1997 $2,844 $7,167 $362 $2,189
1996 $2,341 $6,479 $337 $2,019
1995 $2,183 $6,023 $287.8 $1,841
1994 - $5,667 $229.9 $1,674
1993 - $6,107 $189.4 $1,534
1992 - $7,087 $144.5 $1,413
1991 - $8,790 $143.7 $1,298
1990 - $9,030 $98.8 $1,210
1989 - - $98.1 -
1988 - - $405 -
1987 - - $595 -
1986 - - $436 -
1985 - - $238.6 -

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

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

Lithuania's GDP per capita is $32,959, ranking 39/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Lithuania ranks 39th at $55,286, while Vietnam ranks 108th at $16,386.

Economic indicators

Lithuania Vietnam
Gross domestic product
$95.2B
2025
$515B
2025
GDP rank
79/197
2025
33/197
2025
GDP growth
2.92%
2024-2025
8.02%
2024-2025
GDP per capita
$32,959
2025
$5,066
2025
GDP per capita rank
39/197
2025
122/197
2025
GDP per capita, PPP
$55,286
2024
$16,386
2024
GDP per capita PPP rank
39/197
2024
108/197
2024
Government debt
$37.9B
2025
$156B
2025
Debt-to-GDP ratio
39.8%
2025
30.3%
2025
Government debt per person
$13,127
2025
$1,537
2025
Government debt per person rank
49/185
2025
130/185
2025
Average annual personal income after taxes
$20,453
2026
$5,133
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of billionaires n/a
5
2026
Income share by richest 10%
27.3%
2023
28.1%
2022
Income share by poorest 10%
2.2%
2023
2.6%
2022
Government expenditure, % of GDP
41.2%
2025
22.1%
2025
Consumer prices inflation
3.79%
2024-2025
3.3%
2024-2025
Central bank interest rate n/a
4.5%
2023
Unemployment rate
6.9%
2025
1.53%
2024
Population
2845693
102486146

Spending and national debt comparison by year

Lithuania
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Lithuania Vietnam
Government spending Government debt Government spending Government debt
2025 41.2% 39.8% 22.1% 30.3%
2024 39.4% 38% 19.1% 31.2%
2023 37.2% 37.1% 18.8% 34.3%
2022 36.6% 38.3% 18.2% 34.9%
2021 37.3% 43.3% 20.1% 39.2%
2020 42.4% 45.9% 21.3% 41.3%
2019 34.6% 35.6% 19.8% 41%
2018 33.8% 33.3% 20.5% 43.8%
2017 33.4% 39.1% 21.5% 46.6%
2016 34.5% 39.8% 22.2% 47.9%
2015 35.2% 42.4% 24.2% 46.1%
2014 35% 40.7% 22.8% 43.6%
2013 35.7% 38.9% 24.5% 41.4%
2012 36.6% 39.9% 23.5% 38.3%
2011 40.1% 37.5% 21.2% 36.2%
2010 43% 36.7% 23.7% 37.3%
2009 44.8% 27.9% 25% 36.2%
2008 38.2% 14.6% 21.4% 31%
2007 35.3% 15.9% 22.3% 32.2%
2006 34.4% 17.3% 20.5% 30.2%
2005 34.1% 17.6% 20.6% 28.7%
2004 33.9% 18.6% 19.4% 29.4%
2003 32.8% 20.4% 22.2% 29.8%
2002 34.4% 22.1% 19.7% 27.7%
2001 36.5% 22.9% 19.2% 25.4%
2000 38.7% 23.5% 17.8% 24.8%
1999 42.4% 28% 16.7% -
1998 39.6% 21.7% 16% -
1997 35.1% - - -
1996 34.4% - - -
1995 35.5% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Lithuania's government spending was $39.2B, accounting for 41.2% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 39.8% in Lithuania and 30.3% in Vietnam, ranking 135/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Lithuania

Vietnam
1x
Year Deficit/surplus, % of GDP
Lithuania Vietnam
2025 -2.18% -2.2%
2024 -1.28% -1.54%
2023 -0.66% -1.72%
2022 -0.72% 0.67%
2021 -1.15% -1.43%
2020 -6.42% -2.86%
2019 0.41% -0.4%
2018 0.52% -1.02%
2017 0.36% -1.96%
2016 0.03% -3.16%
2015 -0.77% -4.98%
2014 -1.79% -5.02%
2013 -2.69% -5.96%
2012 -3.15% -5.46%
2011 -5.92% -0.9%
2010 -6.95% -2.25%
2009 -9.09% -4.82%
2008 -3.09% -0.45%
2007 -0.82% -1.74%
2006 -0.27% 0.2%
2005 -0.34% -0.95%
2004 -1.39% -0.15%
2003 -1.26% -2.56%
2002 -1.85% -1.85%
2001 -3.52% -2.19%
2000 -3.18% -1.61%
1999 -7.82% -1.25%
1998 -4.93% -0.1%
1997 -0.76% -
1996 -3.58% -
1995 -3.31% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/lithuania/vietnam | 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 Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Lithuania recorded a fiscal deficit in 24 of those years, while Vietnam ran a deficit in 26 years. On average, Lithuania posted an annual deficit equal to 2.5% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Lithuania

Vietnam
1x
Year Consumer prices inflation
Lithuania Vietnam
2025 3.79% 3.3%
2024 0.72% 3.6%
2023 9.12% 3.3%
2022 19.7% 3.2%
2021 4.68% 1.8%
2020 1.2% 3.2%
2019 2.33% 2.8%
2018 2.7% 3.5%
2017 3.72% 3.5%
2016 0.91% 2.7%
2015 -0.88% 0.6%
2014 0.1% 4.1%
2013 1.05% 6.6%
2012 3.09% 9.1%
2011 4.13% 18.7%
2010 1.32% 10.5%
2009 4.45% 6.7%
2008 10.9% 23.1%
2007 5.74% 8.3%
2006 3.74% 7.5%
2005 2.66% 8.4%
2004 1.16% 7.9%
2003 -1.13% 3.3%
2002 0.28% 4.1%
2001 1.37% -0.3%
2000 0.98% -1.8%
1999 0.73% 4.1%
1998 5.07% 7.2%
1997 8.88% 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Lithuania has recorded an average annual inflation rate of 3.54%, compared with 5.59% in Vietnam. In 2025, inflation was 3.79% in Lithuania and 3.3% in Vietnam.

Top exports between countries

Lithuania
Export category Export value
Raw agricultural goods $18.3M
Animal & marine products $10.4M
Processed food, beverages & tobacco $10.3M
Machinery & equipment $6.64M
Metals $3.52M
Chemicals & pharma $2.54M
Textiles & consumer goods $1.73M
Wood & paper products $1.57M
Raw materials & minerals $1.23M
Miscellaneous $8K
Vietnam
Export category Export value
Raw agricultural goods $60.9M
Animal & marine products $40M
Chemicals & pharma $18.5M
Processed food, beverages & tobacco $17.7M
Raw materials & minerals $13.7M
Metals $12.1M
Textiles & consumer goods $7.78M
Machinery & equipment $6.35M
Wood & paper products $782K
Miscellaneous $37K

Balance of trade

Lithuania Vietnam
Current account balance
$900M
2025
$30.2B
2024
Current account balance ranking
51/190
2025
18/190
2024
Current account balance, % of GDP
+0.94%
2025
+6.33%
2024
Goods imports
$48.3B
2025
$363B
2024
Goods exports
$40.7B
2025
$407B
2024
Service imports
$17.5B
2025
$35.6B
2024
Service exports
$28.8B
2025
$25B
2024
Imports of goods and services, % of GDP
69.1%
2025
92.1%
2025
Exports of goods and services, % of GDP
73%
2025
98.2%
2025

Economic freedom indices

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

Lithuania Vietnam
Economic freedom 75.3 64.4
Economic freedom ranking 18/197 73/197
Property rights 91.8 47.3
Government integrity 71.4 39.2
Judicial effectiveness 73.2 31.3
Tax burden 76.2 80.9
Government spending 57.3 89.5
Fiscal health 95.8 96.9
Business freedom 84.2 70
Labor freedom 58.1 54.7
Monetary freedom 76.7 73.2
Trade freedom 79.4 79.8
Investment freedom 70 60
Financial freedom 70 50

Economic freedom comparison by year

Lithuania
Vietnam
1x
Year Economic freedom index
Lithuania Vietnam
2026 75.3 64.4
2025 74.6 65.2
2024 72.9 62.8
2023 72.2 61.8
2022 75.8 60.6
2021 76.9 61.7
2020 76.7 58.8
2019 74.2 55.3
2018 75.3 53.1
2017 75.8 52.4
2016 75.2 54
2015 74.7 51.7
2014 73 50.8
2013 72.1 51
2012 71.5 51.3
2011 71.3 51.6
2010 70.3 49.8
2009 70 51
2008 70.9 50.4
2007 71.5 49.8
2006 71.8 50.5
2005 70.5 48.1
2004 72.4 46.1
2003 69.7 46.2
2002 66.1 45.6
2001 65.5 44.3
2000 61.9 43.7
1999 61.5 42.7
1998 59.4 40.4
1997 57.3 38.6
1996 49.7 40.2
1995 - 41.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Lithuania is 75.3, ranking 18/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lithuania Vietnam
Services, % of GDP
64.8%
2025
42.7%
2025
Industry, % of GDP
22.1%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
11.6%
2025
GNI, Atlas method
$88.1B
2025
$505B
2025
GNI per capita, PPP
$55,010
2025
$17,580
2025
Total reserves including gold
$7.06B
2025
$85.6B
2025
Total reserves ranking
90/177
2025
33/177
2025
Net foreign direct investment
-$2.96B
2025
-$19.6B
2024
Net inflows of foreign direct investment
$4.7B
2024
$20.2B
2024
Net outflows of foreign direct investment
$795M
2024
$600M
2024
Servicing debt to the IMF, % of GNI n/a
7.29%
2024
Poverty at national poverty lines
20.9%
2021
4.2%
2022
Gross capital formation, % of GDP
22.2%
2025
30.8%
2025

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/vietnam | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024–2025, 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.