Lithuania's interest payments (current LCU) was 538.8 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 16.65% from 646.4 million in 2014 (1.8% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 538.8 million | 2024 |
| Five years earlier | 489.2 million | 2019 |
| Ten years earlier | 646.4 million | 2014 |
| Highest | 674.4 million | 2012 |
| Lowest | 115,848 | 1993 |
| Average since 2015 | 456.65 million | 2015–2024 |
| First recorded | 115,848 |
What the numbers say
In 2024, Lithuania's interest payments (current LCU) rose 47.3% on 2023 (from 365.7 million to 538.8 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +178.2% and a typical year strayed about 820.9% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 4,500% in 1994 and the biggest yearly fall was 25.2% in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 29.43 million a year. A straight line explains 43% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Lithuania had the 75th highest value of the 86 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Lithuania in the 2024 ranking
- Lesotho — 72nd of 86: 820.9 million
- Singapore — 73rd of 86: 642.91 million
- Bahamas, The — 74th of 86: 613.16 million
- Fiji — 76th of 86: 527.5 million
- Bulgaria — 77th of 86: 519.73 million
- Bosnia and Herzegovina — 78th of 86: 488.61 million
What this measures
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 32 values
| Year | Interest payments (current LCU) |
|---|---|
| 2024 | 538,800,000 |
| 2023 | 365,700,000 |
| 2022 | 231,600,000 |
| 2021 | 284,600,000 |
| 2020 | 380,400,000 |
| 2019 | 489,200,000 |
| 2018 | 485,800,000 |
| 2017 | 550,600,000 |
| 2016 | 600,000,000 |
| 2015 | 639,800,000 |
| 2014 |
Interest payments (current LCU) in nearby economies
- Albania — 54.46 billion (2024)
- Armenia — 313.58 billion (2024)
- Austria — 6.94 billion (2024)
- Azerbaijan — 445.48 million (2024)
- Belarus — 3.31 billion (2024)
- Belgium — 10.62 billion (2024)
- Bosnia and Herzegovina — 488.61 million (2024)
- Bulgaria — 519.73 million (2024)
- Croatia — 1.26 billion (2023)
- Cyprus — 399.4 million (2024)
- Czechia — 104.72 billion (2024)
More public sector data for Lithuania
- Net investment in nonfinancial assets (current LCU) — 2.41 billion (2024)
- Net investment in nonfinancial assets (% of GDP) — 3.06% (2024)
- Net lending (+) / net borrowing (-) (current LCU) — -995.9 million (2024)
- Net lending (+) / net borrowing (-) (% of GDP) — -1.26% (2024)
- Social contributions (current LCU) — 8.62 billion (2024)
- Social contributions (% of revenue) — 29.99% (2024)
- Revenue, excluding grants (current LCU) — 27.71 billion (2024)
- Revenue, excluding grants (% of GDP) — 35.07% (2024)
- Taxes on goods and services (current LCU) — 8.91 billion (2024)
Reading data like this
Questions people ask
- What is Lithuania's interest payments (current LCU)?
- 538.8 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 464,992% from 115,848 in 1993 (31.31% a year on average, compounded). The highest value was 674.4 million in 2012 and the lowest 115,848 in 1993.
- How does Lithuania rank?
- 75th highest of 86 economies with data for 2024.
- Is the latest change in interest payments (current LCU) unusual for Lithuania?
- In 2024, Lithuania's interest payments (current LCU) rose 47.3% on 2023 (from 365.7 million to 538.8 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +178.2% and a typical year strayed about 820.9% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator GC.XPN.INTP.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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