Goods and services expense in Lithuania
Lithuania: Goods and services expense was 1.89 billion current LCU in 2024. ▲ Rising
Goods and services expense in Lithuania, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Lithuania is 1.89 billion current LCU, measured in 2024. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 16.8% on the previous year and up 90.6% over ten years.
Over the whole period, goods and services expense in Lithuania peaked at 1.89 billion current LCU in 2024 and was at its lowest, 2.17 million current LCU, in 1991.
Lithuania ranks 126th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 512.25 million current LCU | 2.17 million current LCU | 884.10 million current LCU | 8 |
| 2000s | 799.56 million current LCU | 534.71 million current LCU | 1.21 billion current LCU | 10 |
| 2010s | 1.04 billion current LCU | 964.99 million current LCU | 1.16 billion current LCU | 10 |
| 2020s | 1.51 billion current LCU | 1.23 billion current LCU | 1.89 billion current LCU | 5 |
Countries ranked near Lithuania
More public sector data for Lithuania
- Arms imports 51.00 million SIPRI trend indicator values (2024)
- Tax revenue 21.9% (2024)
- Taxes on income, profits and capital gains 29.0% (2024)
- Taxes on goods and services 31.0% (2024)
- Net investment in nonfinancial assets 3.1% (2024)
- Net lending (+) / net borrowing (-) -1.3% (2024)
- Interest payments 1.9% (2024)
- Grants and other revenue 9.9% (2024)
- Interest payments 1.5% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is goods and services expense in Lithuania?
- Goods and services expense in Lithuania was 1.89 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Lithuania?
- The highest recorded value was 1.89 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Lithuania?
- The lowest recorded value was 2.17 million current LCU in 1991.
- How does Lithuania rank for goods and services expense?
- Lithuania ranks 126th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Lithuania?
- Over the last ten years it is up 90.6%. The long-run trend across the full record is rising.
- Where does this Lithuania data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.