LTU · Europe & Central Asia /

Location

GDP per capita: 29,384 USD (PPP: 55,286 intl$) · Total GDP: 84.9 billion USD (2024)

Income and purchasing power

The average monthly income in Lithuania is 2,263 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
45.0
Est. monthly cost: $1,575
55.0% cheaper than NYC
Rent Index
20.0
1-bedroom, center: $560/month
80.0% cheaper than NYC
Groceries Index
48.0
Per person/month: $216
52.0% cheaper than NYC
Restaurant Price Index
52.0
Mid-range meal: $11
Purchasing Power Index
65.0
35.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
GDP 84.87 billion USD 29,384 USD
Gross National Product (GNI) 27,150 USD
GDP (PPP) 55,286 intl$

Development of gross domestic product in billions of USD 1995 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 84.87 29,384
2023 79.79 27,786
2022 71.03 25,086
2021 67.04 23,870
2020 57.41 20,429
2019 55.12 19,609
2018 54.26 19,247
2017 47.76 16,800
2016 42.97 14,934
2015 41.54 14,270
2014 48.31 16,446
2013 46.30 15,637
2012 42.71 14,288
2011 43.19 14,262
2010 36.64 11,829
2009 37.49 11,854
2008 47.83 14,956
2007 39.73 12,295
2006 30.12 9,210
2005 26.11 7,857
2004 22.74 6,735
2003 18.81 5,507
2002 14.28 4,148
2001 12.26 3,533
2000 11.55 3,301
1999 11.02 3,128
1998 11.29 3,181
1997 10.17 2,844
1996 8.43 2,341
1995 7.92 2,183

Largest economic sectors

The main economic sectors in Lithuania play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Lithuania Per Capita
Imports 58.50 billion USD (68.9% of GDP)
Exports 62.90 billion USD (74.1% of GDP)

Household debt and deficits 2024

Data on government debt, budget deficit/surplus, and household debt is being collected.

Note: Household debt data represents domestic credit to private sector (% of GDP) from World Bank. This indicator includes credit to both households and non-financial corporations, providing an approximation of household debt levels.

Corruption in Lithuania

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
61.0
Year: 2024
Moderate
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 6.7%
2024 6.9%
2023 6.8%
2022 6.0%
2021 7.1%
2020 8.5%
2019 6.3%
2018 6.1%
2017 7.1%
2016 7.9%
2015 9.1%
2014 10.7%
2013 11.8%
2012 13.4%
2011 15.4%
2010 17.8%
2009 13.8%
2008 5.8%
2007 4.3%
2006 5.8%
2005 8.3%
2004 10.7%
2003 12.9%
2002 13.0%
2001 16.8%
2000 15.9%
1999 13.4%
1998 13.7%
1997 14.1%
1996 16.4%
1995 17.5%
1994 13.8%
1993 13.8%
1992 1.2%
1991 1.1%

Inflation rates in percentages 1992 - 2024

Year Inflation Rate (%)
2024 0.7%
2023 9.1%
2022 19.7%
2021 4.7%
2020 1.2%
2019 2.3%
2018 2.7%
2017 3.7%
2016 0.9%
2015 -0.9%
2014 0.1%
2013 1.0%
2012 3.1%
2011 4.1%
2010 1.3%
2009 4.5%
2008 10.9%
2007 5.7%
2006 3.7%
2005 2.7%
2004 1.2%
2003 -1.1%
2002 0.3%
2001 1.4%
2000 1.0%
1999 0.7%
1998 5.1%
1997 8.9%
1996 24.6%
1995 39.6%
1994 72.3%
1993 410.5%
1992 1,020.6%

Frequently Asked Questions

What is the GDP per capita of Lithuania in 2024?

The GDP per capita of Lithuania is 29,384 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 55,286 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Lithuania?

The main economic sectors in Lithuania include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Lithuania in 2024?

The inflation rate in Lithuania is 0.7% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Lithuania including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Lithuania's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Lithuania's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026