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Lithuania Trade (% GDP)

Lithuania's trade (% GDP) fell to 143.05% in 2024, down from 149.04% in 2023, according to World Bank. This represents a decrease of 5.99% from the previous year. Lithuania has trade (% GDP) higher than the global median (143.05% vs median 84.49%). Compared with the median in Europe, Lithuania is higher (143.05% vs regional median 111.00%) and ranks 12th out of 44 countries in Europe.

Yearly Historical Data (1995-2024)

(in %)
Year Trade (% GDP)
2024 143.05%
2023 149.04%
2022 175.65%
2021 154.81%
2020 135.8%
2019 148.37%
2018 147.2%
2017 144.92%
2016 134.69%
2015 138.2%
2014 143.29%
2013 156.63%
2012 156.64%
2011 149.65%
2010 131.63%
2009 105.04%
2008 126.76%
2007 116.3%
2006 124.61%
2005 117.45%
2004 104.07%
2003 98.09%
2002 100.33%
2001 93.49%
2000 83.19%
1999 74.58%
1998 89.37%
1997 99.65%
1996 92.81%
1995 84.54%
Lithuania Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Lithuania divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $39.82B $42.63B 2024
Annual Imports $44.75B $48.42B 2024
Exports (% GDP) 74.11% 76.47% 2024
FDI Inflows (% GDP) 4.24% 4.8% 2024
Imports (% GDP) 68.93% 72.57% 2024
Net Trade (Goods & Services, BoP) $4.4B $3.12B 2024
Tariff Rate 1.95% 2.24% 2022