Gross debt in Lithuania

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Lithuania in the period from 1998 to 2019 was between 1.8 bn and 19.7 bn USD. The hightest level within the past 21 years was reached in 2014. However, the liabilities in 2019 have been only 19.62 bn USD

Based on the number of inhabitants, this is in Lithuania a debt of 7,021 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,690 USD.

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Gross debt of the last 21 years in billion USD

JahrLithuania totalLithuania per capitaEU per capita
19981.77 bn USD499 USD12,387 USD
19992.64 bn USD750 USD12,342 USD
20002.69 bn USD769 USD10,778 USD
20012.85 bn USD822 USD10,717 USD
20023.18 bn USD924 USD11,593 USD
20033.94 bn USD1,155 USD14,402 USD
20044.23 bn USD1,254 USD16,970 USD
20054.61 bn USD1,386 USD17,846 USD
20065.21 bn USD1,594 USD18,591 USD
20076.32 bn USD1,955 USD20,509 USD
20087.00 bn USD2,190 USD23,520 USD
200910.50 bn USD3,320 USD25,266 USD
201013.46 bn USD4,345 USD30,683 USD
201116.19 bn USD5,346 USD34,278 USD
201217.04 bn USD5,704 USD33,161 USD
201318.00 bn USD6,085 USD35,247 USD
201419.70 bn USD6,718 USD36,694 USD
201517.62 bn USD6,066 USD31,489 USD
201617.10 bn USD5,961 USD31,202 USD
201718.69 bn USD6,606 USD32,052 USD
201818.09 bn USD6,459 USD33,816 USD
201919.62 bn USD7,021 USD32,690 USD

Comparison of the gross debt per capita with the European Union in Euro

      Lithuania       European Union

Budget deficit in Lithuania

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget balance in Lithuania in the period between 1998 and 2019 varied between -3.89 bn Euro and +321.00 m Euro. In 2019 was reached a balance of 146.32 m Euro.

In ratio to population, this equals a surplus of 52 Euro per capita in Lithuania. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.

Budget deficit and surplus in the last 21 years

JahrLithuania totalLithuania per capitaEU per capita
1998-338.01 M USD-95 USD-350 USD
1999-309.61 M USD-88 USD-180 USD
2000-367.41 M USD-105 USD98 USD
2001-432.13 M USD-125 USD-263 USD
2002-266.19 M USD-77 USD-496 USD
2003-238.34 M USD-70 USD-738 USD
2004-315.83 M USD-94 USD-808 USD
2005-89.70 M USD-27 USD-722 USD
2006-82.24 M USD-25 USD-499 USD
2007-324.53 M USD-100 USD-315 USD
2008-1,482.57 M USD-464 USD-951 USD
2009-3,420.89 M USD-1,082 USD-2,252 USD
2010-2,564.57 M USD-828 USD-2,486 USD
2011-3,891.89 M USD-1,285 USD-1,907 USD
2012-1,348.01 M USD-451 USD-1,689 USD
2013-1,212.56 M USD-410 USD-1,354 USD
2014-300.51 M USD-102 USD-1,226 USD
2015-111.73 M USD-38 USD-871 USD
201699.95 M USD35 USD-620 USD
2017216.90 M USD77 USD-406 USD
2018321.00 M USD115 USD-288 USD
2019146.32 M USD52 USD-332 USD

(negative numbers = deficit)