Lithuania Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Lithuania's budget deficit was -2.69% in 2025, ranked 86th globally. This represents a 110.0% decrease from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Lithuania's budget deficit stood at -2.69% in 2025, a decline of +1.41% from 2024. The IMF projects -2.69% by 2025. Lithuania ranked 86th globally.
Lithuania’s general government budget deficit has narrowed to –2.69 percent of GDP in 2025, placing it 86th in the world and close to peers such as Spain (‑2.72) and Bhutan (‑2.63). The 2025 figure follows a long‑term decline from the early post‑Soviet period, when the deficit stood at –3.31 percent in 1995, and contrasts sharply with the severe contraction experienced during the global financial crisis, when the deficit plunged to an all‑time trough of –9.09 percent in 2009. The modest surplus recorded in 2018 (0.52 percent) represented an atypical peak in an otherwise deficit‑prone trajectory, reflecting a temporary fiscal tightening that was not sustained. Over the 31‑year coverage, Lithuania’s deficit has generally trended downward, suggesting improving fiscal balance, though future shifts in fiscal policy or external shocks could alter this trajectory.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -3.86% | - | - |
| 2029* IMF | -3.81% | - | - |
| 2028* IMF | -3.75% | - | - |
| 2027* IMF | -3.54% | - | - |
| 2026* IMF | -3.85% | - | - |
| 2025* IMF | -2.69% | - | - |
| 2025 | -2.69% | −1.41% | #86 |
| 2024 | -1.28% | −0.60% | #130 |
| 2023 | -0.69% | +0.03% | #141 |
| 2022 | -0.72% | +0.44% | #134 |
| 2021 | -1.15% | +5.26% | #151 |
| 2020 | -6.42% | −6.83% | #91 |
| 2019 | 0.41% | −0.11% | #144 |
| 2018 | 0.52% | +0.16% | #142 |
| 2017 | 0.36% | +0.33% | #154 |
| 2016 | 0.03% | +0.80% | #150 |
| 2015 | -0.77% | +1.02% | #147 |
| 2014 | -1.79% | +0.91% | #117 |
| 2013 | -2.69% | +0.45% | #88 |
| 2012 | -3.15% | +2.77% | #75 |
| 2011 | -5.92% | +1.03% | #31 |
Detected Pattern
Analysis
Lithuania matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Lithuania's budget deficit was -2.69% in 2025. Ranked 86th globally. This represents a 110.0% decrease from the previous year.
Lithuania's budget deficit peaked at 0.52% in 2018.
The lowest budget deficit in Lithuania was -9.09% in 2009.
Lithuania ranks 86th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Lithuania's budget deficit is projected to reach -2.69% by 2025 based on IMF projection.
The budget deficit of Lithuania in 2025 was -2.69%. This ranks 86th in the world.
Cite this page
@misc{historysaid_lithuania_budget-deficit,
title = {Lithuania Budget Deficit},
url = {https://historysaid.com/lithuania/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}