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Lithuania Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Lithuania's government debt to gdp was 41.79% in 2025, ranked 122nd globally. This represents a 9.3% increase from 2024. Data from IMF WEO, covering 1998–2025.

41.79% +3.56% (+9.3%)
Year 2025 Rank #122 Global Peak 45.89% (2020) Source IMF WEO

Lithuania Government Debt to GDP (1998–2025)

Overview

Lithuania's government debt to gdp stood at 41.79% in 2025, a rise of +3.56% from 2024. The IMF projects 41.79% by 2025. Lithuania ranked 122nd globally.

Lithuania’s government debt-to‑GDP ratio has risen steadily since the late 1990s, moving from 21.70 in 1998 to an all‑time peak of 45.89 in 2020, before easing to 41.78 in 2025, placing the country 122nd in the world. The trough of 14.59 recorded in 2008 reflects the pre‑crisis fiscal discipline that was later eroded by expansive fiscal responses to the COVID‑19 pandemic, which pushed debt to its highest level. Compared with peers of similar ranking, Lithuania’s 2025 figure of 41.78 is marginally below Guinea’s 42.20 and very close to Paraguay’s 41.71, indicating that its debt burden aligns with other emerging economies rather than the lower‑debt profiles of advanced European peers. The post‑pandemic decline from the 2020 peak suggests a modest consolidation path, but any resurgence of fiscal stimulus or slowdown in growth could halt the downward trend, while continued primary surpluses would likely keep the ratio on a gradual decline.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 54.49% - -
2029* IMF 52.89% - -
2028* IMF 51.13% - -
2027* IMF 49.16% - -
2026* IMF 45.89% - -
2025* IMF 41.79% - -
2025 41.79% +3.56% #122
2024 38.22% +0.88% #49
2023 37.34% −0.72% #45
2022 38.06% −5.23% #49
2021 43.30% −2.59% #55
2020 45.89% +10.30% #55
2019 35.59% +2.25% #44
2018 33.34% −6.00% #43
2017 39.34% −0.64% #62
2016 39.97% −2.60% #69
2015 42.57% +1.86% #91
2014 40.71% +1.86% #92
2013 38.85% −1.05% #91
2012 39.90% +2.44% #105
2011 37.46% +0.76% #99
Show all years (1998-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +20.1% GDP growth 2.8% C/A balance 3.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Lithuania matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Global economic concerns, including a slide in US futures and rising oil prices, could indirectly impact Lithuania's economic growth and government revenues, potentially affecting its 41.79% Government Debt

Frequently Asked Questions

What is Lithuania's government debt to gdp?▾

Lithuania's government debt to gdp was 41.79% in 2025. Ranked 122nd globally. This represents a 9.3% increase from the previous year.

What was the highest government debt to gdp in Lithuania?▾

Lithuania's government debt to gdp peaked at 45.89% in 2020.

What was the lowest government debt to gdp in Lithuania?▾

The lowest government debt to gdp in Lithuania was 14.59% in 2008.

How does Lithuania rank in government debt to gdp?▾

Lithuania ranks 122nd globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Lithuania in 2025?▾

Lithuania's government debt to gdp is projected to reach 41.79% by 2025 based on IMF projection.

What is the government debt to gdp of Lithuania in 2025?▾

The government debt to gdp of Lithuania in 2025 was 41.79%. This ranks 122nd in the world.

Cite this page

APA
Lithuania Government Debt to GDP. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/lithuania/government-debt-to-gdp/
BibTeX
@misc{historysaid_lithuania_government-debt-to-gdp, title = {Lithuania Government Debt to GDP}, url = {https://historysaid.com/lithuania/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }

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