Gross public sector debt as a share of gross domestic product in Lithuania
Lithuania: Gross public sector debt as a share of gross domestic product was 37.4% in 2024. ▲ Rising
Gross public sector debt as a share of gross domestic product in Lithuania, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Lithuania recorded 37.4% for gross public sector debt as a share of gross domestic product in 2024.
The figure is up 2.4% on the previous year and down 1.1% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Lithuania peaked at 45.0% in 2020 and was at its lowest, 13.4%, in 2008.
That places Lithuania 39th out of 49 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross public sector debt as a share of gross domestic product in Lithuania, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 22.1% | — |
| 2001 | 21.7% | -1.9% |
| 2002 | 21.2% | -2.5% |
| 2003 | 19.3% | -9.0% |
| 2004 | 17.7% | -8.3% |
| 2005 | 16.9% | -4.7% |
| 2006 | 16.4% | -2.4% |
| 2007 | 15.0% | -8.9% |
| 2008 | 13.4% | -10.5% |
| 2009 | 26.4% | +96.7% |
| 2010 | 34.1% | +29.3% |
| 2011 | 34.3% | +0.5% |
| 2012 | 36.9% | +7.7% |
| 2013 | 36.0% | -2.5% |
| 2014 | 37.8% | +5.1% |
| 2015 | 39.6% | +4.8% |
| 2016 | 37.5% | -5.4% |
| 2017 | 37.9% | +1.0% |
| 2018 | 32.3% | -14.7% |
| 2019 | 34.7% | +7.3% |
| 2020 | 45.0% | +29.6% |
| 2021 | 42.4% | -5.7% |
| 2022 | 37.5% | -11.5% |
| 2023 | 36.5% | -2.7% |
| 2024 | 37.4% | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.0% | 13.4% | 26.4% | 10 |
| 2010s | 36.1% | 32.3% | 39.6% | 10 |
| 2020s | 39.7% | 36.5% | 45.0% | 5 |
Countries ranked near Lithuania
More economy & growth data for Lithuania
- Gross value added at basic prices (GVA) (current US$), annual growth 10.93 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8922 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 29,405 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7895 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 26,022 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.92 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5373 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 17,708 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.92 % change on previous year (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Lithuania?
- Gross public sector debt as a share of gross domestic product in Lithuania was 37.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Lithuania?
- The highest recorded value was 45.0% in 2020.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Lithuania?
- The lowest recorded value was 13.4% in 2008.
- How does Lithuania rank for gross public sector debt as a share of gross domestic product?
- Lithuania ranks 39th out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Lithuania?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Lithuania data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).