Libya vs Lithuania: Gross domestic income
Gross domestic income over time
- Libya
- Lithuania
How they compare
Libya currently reports 66.51 billion constant LCU against 57.04 billion constant LCU in Lithuania, a difference of 9.48 billion constant LCU.
That makes Libya's figure about 1.2 times Lithuania's.
Across all 23 years both countries report, Libya has been ahead every year.
Globally, Libya ranks 134th and Lithuania ranks 136th of 178 countries.
Individual pages
About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.