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Lithuania GDP

Lithuania's GDP rose to $84.87 billion in 2024, up from $79.79 billion in 2023, according to World Bank. This represents an increase of 6.4% ($5.08 billion) from the previous year and accounts for 0.08% of the world's total GDP. Lithuania has GDP higher than the global median ($84.87 billion vs median $35.85 billion). Compared with the median in Europe, Lithuania is lower ($84.87 billion vs regional median $126.99 billion) and ranks 29th out of 48 countries in Europe.

Lithuania's GDP per capita rose to $19,094.12 in 2024, up from $18,685.55 in 2023.

Yearly Historical Data (1995-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 84.87
2023 79.79
2022 71.03
2021 67.04
2020 57.41
2019 55.12
2018 54.26
2017 47.76
2016 42.97
2015 41.54
2014 48.31
2013 46.3
2012 42.71
2011 43.19
2010 36.64
2009 37.49
2008 47.83
2007 39.73
2006 30.12
2005 26.11
2004 22.74
2003 18.81
2002 14.28
2001 12.26
2000 11.55
1999 11.02
1998 11.29
1997 10.17
1996 8.43
1995 7.92
Lithuania GDP : Definition
GDP measures the total value of all goods and services produced in Lithuania, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.77% 0.34% 2024
GDP per Capita $19,094.12 $18,685.55 2024
GDP per Capita PPP $47,169.01 $46,159.71 2024
R&D Expenditure (% GDP) 1.05% 1.1% 2022
Real GDP $55.14B $53.66B 2024