lt Lithuania 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$79.79 billion

↑ 12.33% vs 2022
GDP per Capita

$27,786.01

↑ 10.76% vs 2022
GDP Growth (Annual %)

0.34%

↓ 2.20pp vs 2022
Inflation Rate (CPI %)

9.12%

↓ 10.59pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $71.03 billion $79.79 billion +12.33%
GDP per Capita $25,085.78 $27,786.01 +10.76%
GDP Growth (Annual %) 2.54% 0.34% -2.20pp
Inflation (CPI %) 19.71% 9.12% -10.59pp
Unemployment Rate (%) 5.96% 6.84% +0.89pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$79.79 billion
GDP per Capita
$27,786.01
GDP Growth (Annual %)
0.34%
Gross National Income
$76.75 billion
Prices & Employment
Inflation (CPI %)
9.12%
Inflation (GDP Deflator %)
9.02%
Unemployment Rate (%)
6.84%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
1.10%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Lithuania's Gross Domestic Product (GDP) is $79.79 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Lithuania for 2023 is $27,786.01. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Lithuania for 2023 is 9.12%. This measures the annual percentage change in the cost of consumer goods and services.

Lithuania's annual GDP growth rate for 2023 is 0.34%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Lithuania for 2023 is 6.84%. This represents the percentage of the labor force that is unemployed and actively seeking employment.