Headline stats

Debt peaked at 45.9% GDP in 2020 — now 39.5%.

Government debt
39.5% GDP
2025
EU27 avg: 81.7% GDP (2025)
Govt expenditure
39.4% GDP
2024
Budget deficit
1.8% GDP
2025
EU27 avg: 3.1% GDP (2025)
Tax revenue
11.6% GDP
2024
Public sector jobs
348k
2024

Tax rates

What Lithuania takes — statutory rates and effective burden on workers.

Labour tax wedge
39.2% of labour cost
2025
Top income tax rate
32%
2024
Corporate tax rate
16%
2024
Standard VAT rate
21%
2024

Labour tax wedge: effective % of gross labour cost (salary + employer contributions) going to income tax and social contributions for a single person at average wage. Source: Eurostat earn_nt_taxrate. Statutory rates: OECD Taxing Wages 2024 / EC Taxation Trends 2024.

Comparative prices

Lithuania is 21.9% cheaper than the EU average overall (2024). Index: EU27 = 100.

CategoryPrice indexvs EU avg
Overall price level78.1-21.9%
Food & non-alcoholic drinks101.2+1.2%
Housing, utilities & energy59.7-40.3%
Restaurants & hotels86.1-13.9%
Transport81.6-18.4%
Health67.3-32.7%
Education72.8-27.2%
Clothing & footwear106.5+6.5%
Recreation & culture82.1-17.9%
Alcohol & tobacco97.1-2.9%
Household furnishings89.9-10.1%
Communication98.5-1.5%
Miscellaneous80.4-19.6%

Source: Eurostat prc_ppp_ind. EU27_2020 = 100. Green = cheaper than EU average.

Government debt since 2011

YearDebt (% GDP)Change
201137.4—
201239.9+2.5
201338.9-1
201440.7+1.8
201542.4+1.7
201639.8-2.6
201739.1-0.7
201833.3-5.8
201935.6+2.3
202045.9+10.3
202143.3-2.6
202238.3-5
202337.1-1.2
202438+0.9
202539.5+1.5

Data sources

DatasetSourceCoverage
Govt expenditure / debt / deficitEurostat gov_10dd_edpt11995–2025
Tax revenueEurostat gov_10a_taxag1995–2025
Public employment (NACE O-Q)Eurostat nama_10_a64_e1995–2024
Tax breakdown (VAT, income, social)Eurostat gov_10a_taxag2000–2023
Labour tax wedgeEurostat earn_nt_taxrate2000–2023
Statutory tax rates (income, corporate, VAT)OECD / EC Taxation Trends 20242024
Comparative price levels (13 categories)Eurostat prc_ppp_ind1995–2024
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