Taxes on income, profits and capital gains in Lithuania
Lithuania: Taxes on income, profits and capital gains was 29.0% in 2024. ▼ Falling
Taxes on income, profits and capital gains in Lithuania, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on income, profits and capital gains in Lithuania stood at 29.0%.
Compared with earlier readings it is down 2.1% on the previous year and up 83.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Lithuania peaked at 29.6% in 2023 and was at its lowest, 13.4%, in 2011.
That places Lithuania 53rd out of 153 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Taxes on income, profits and capital gains in Lithuania, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1991 | 20.1% | — |
| 1993 | 27.1% | +34.8% |
| 1994 | 22.6% | -16.6% |
| 1995 | 26.0% | +15.0% |
| 1996 | 25.5% | -1.9% |
| 1997 | 23.3% | -8.9% |
| 1998 | 24.3% | +4.2% |
| 1999 | 24.8% | +2.1% |
| 2000 | 23.8% | -4.0% |
| 2001 | 24.3% | +2.3% |
| 2002 | 23.0% | -5.7% |
| 2003 | 25.0% | +8.9% |
| 2004 | 27.3% | +9.4% |
| 2005 | 27.6% | +0.9% |
| 2006 | 29.0% | +5.1% |
| 2007 | 27.2% | -6.3% |
| 2008 | 27.3% | +0.4% |
| 2009 | 17.2% | -37.1% |
| 2010 | 13.5% | -21.2% |
| 2011 | 13.4% | -1.2% |
| 2012 | 15.0% | +12.2% |
| 2013 | 15.7% | +4.4% |
| 2014 | 15.8% | +0.9% |
| 2015 | 16.4% | +3.6% |
| 2016 | 17.0% | +4.0% |
| 2017 | 16.6% | -2.3% |
| 2018 | 16.8% | +1.2% |
| 2019 | 26.0% | +54.5% |
| 2020 | 25.9% | -0.6% |
| 2021 | 27.4% | +5.9% |
| 2022 | 29.0% | +5.7% |
| 2023 | 29.6% | +2.3% |
| 2024 | 29.0% | -2.1% |
Lithuania compared with similar countries
- Lithuania's 29.0% is above the median for high income countries, which is 24.5%, 1.2× the median. (55 countries reporting)
- Lithuania's 29.0% is above the median for Europe & Central Asia, which is 20.9%, 1.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains in Lithuania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +54.5% | 16.8% | 26.0% |
| 2009 | -37.1% | 27.3% | 17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.2% | 20.1% | 27.1% | 8 |
| 2000s | 25.2% | 17.2% | 29.0% | 10 |
| 2010s | 16.6% | 13.4% | 26.0% | 10 |
| 2020s | 28.2% | 25.9% | 29.6% | 5 |
Countries ranked near Lithuania
More public sector data for Lithuania
- Arms imports 51.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 17.66 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -54.05 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 51.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 909.7 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0307 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 21.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.63 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,773 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Lithuania?
- Taxes on income, profits and capital gains in Lithuania was 29.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Lithuania?
- The highest recorded value was 29.6% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Lithuania?
- The lowest recorded value was 13.4% in 2011.
- How does Lithuania rank for taxes on income, profits and capital gains?
- Lithuania ranks 53rd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Lithuania?
- Over the last ten years it is up 83.6%. The long-run trend across the full record is falling.
- 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 Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.