Lithuania: Government spending, in dollars
* indicates monthly or quarterly data series
Lithuania |
Government spending, billion USD |
---|---|
Latest value | 13.78 |
Year | 2023 |
Measure | billion U.S. dollars |
Data availability | 1995 - 2023 |
Average | 6.53 |
Min - Max | 1.89 - 13.78 |
Source | The World Bank |
The latest value from 2023 is 13.78 billion U.S. dollars, an increase from 11.89 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Lithuania from 1995 to 2023 is 6.53 billion U.S. dollars. The minimum value, 1.89 billion U.S. dollars, was reached in 1995 while the maximum of 13.78 billion U.S. dollars was recorded in 2023.
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* indicates monthly or quarterly data series
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Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 17.71 | 2023 | percent |
Government spending, in dollars | 13.78 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -0.80 | 2023 | percent |
Government debt | 11.50 | 2018 | percent |
Government expenditure | 3.72 | Q2/2024 | billion |
Long-term interest rate | 2.88 | 8/2024 | percent |
Tax revenue | 21.10 | 2022 | percent |
Commercial tax rate | 42.60 | 2019 | percent |
Tax preparation time | 95 | 2019 | hours |
Number of taxes | 10 | 2019 | taxes |
Taxes on goods and services | 43.88 | 2022 | percent |
Taxes on international trade | 0.59 | 2004 | percent |
Income and profits taxes | 38.94 | 2022 | percent |
Foreign aid | 249.38 | 2004 | million U.S. dollars |