Lithuania: public finances
8 answers, 2 from Lithuania's own official bodies, with a link to each figure.
What is Lithuania's budget deficit?
Lithuania's general government deficit was 1.8% of GDP in 2025, according to Eurostat's government deficit and debt data. In 2024 the deficit was 1.3% of GDP.
General government covers central and local government and social security funds. The figures are reported under the EU excessive deficit procedure. A negative balance means the government spent more than it received in revenue.
How much debt does Lithuania have?
Lithuania's government debt was 39.5% of GDP at the end of 2025, according to Eurostat's annual government debt data, up from 38.0% a year earlier. At the end of the first quarter of 2026 it was 42.3% of GDP, according to the provisional quarterly debt data.
The figure is consolidated gross debt of the general government, at nominal value.
International comparisons
The figures below use one definition for every country, so they can differ from national figures.
What is Lithuania's national debt?
The IMF puts general government gross debt in Lithuania at 39.5% of GDP in 2025. The peak was 45.9% of GDP in 2020 and the low 14.6% of GDP in 2008. Europe & Central Asia median: 46.9% of GDP; Lithuania is 31st highest of 51. Of 185 countries with 2025 data, 131st highest.
What is Lithuania's fiscal deficit?
According to the IMF, general government net lending or borrowing in Lithuania was -1.8% of GDP in 2025 (a deficit). The peak was 0.5% of GDP in 2018 and the low -9.1% of GDP in 2009. Europe & Central Asia median: -2.4% of GDP; Lithuania is 20th highest of 51. World rank, highest first: 68th of 188.
How much does Lithuania's government take in?
39.4% of GDP: that is general government revenue in Lithuania for 2025, according to the IMF. No year since 2005 has been higher. Across Europe & Central Asia the middle value was 41.3% of GDP, and Lithuania placed 31st highest of 50. Worldwide: 45th of 187.
What is Lithuania's government spending?
In 2025, general government spending in Lithuania was 41.2% of GDP, according to the IMF. Its high point since 2005 was 2009, at 44.8% of GDP; its low point was 2017, at 33.4% of GDP. Across Europe & Central Asia the middle value was 43.3% of GDP, and Lithuania placed 30th highest of 50. World rank, highest first: 50th of 186.
How much tax does Lithuania collect?
According to the IMF, central government tax revenue in Lithuania was 21.9% of GDP in 2024. No year since 2005 has been higher. Europe & Central Asia median: 20.8% of GDP; Lithuania is 19th highest of 42. Worldwide: 28th of 92.
What is Lithuania's defence spending?
In 2025, military spending in Lithuania was 3.1% of GDP, according to SIPRI. Its high point since 2005 was 2024, at 3.1% of GDP; its low point was 2013, at 0.8% of GDP. Europe & Central Asia median: 2.0% of GDP; Lithuania is 10th highest of 46. World rank, highest first: 26th of 149.
Official bodies in Lithuania
- National Audit Office of Lithuania
- Government of the Republic of Lithuania
- Seimas
- EurostatPublishes government deficit and debt notified under the EU excessive deficit procedure.
- Ministry of Finance of the Republic of LithuaniaPrepares the state budget and manages government debt.
More about Lithuania
- Economy
- Jobs and pay
- Cost of living
- Health and care
- Housing
- Crime and justice
- Immigration
- Education
- Environment
Read on 14 October 2026. Definitions · Report an error