Taxes on goods and services in Lithuania
Lithuania: Taxes on goods and services was 8.91 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Lithuania, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Lithuania stood at 8.91 billion current LCU. That is the highest value across all 33 years on record.
That represents a change of up 9.5% on the previous year and up 123.3% over ten years.
Over the whole period, taxes on goods and services in Lithuania peaked at 8.91 billion current LCU in 2024 and was at its lowest, 15.23 million current LCU, in 1991.
Lithuania ranks 119th of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 883.25 million current LCU | 15.23 million current LCU | 1.63 billion current LCU | 8 |
| 2000s | 2.34 billion current LCU | 1.54 billion current LCU | 3.65 billion current LCU | 10 |
| 2010s | 4.23 billion current LCU | 3.19 billion current LCU | 5.59 billion current LCU | 10 |
| 2020s | 7.45 billion current LCU | 5.84 billion current LCU | 8.91 billion current LCU | 5 |
Countries ranked near Lithuania
- 116 Bhutan 9.84 billion current LCU compare
- 117 Luxembourg 9.72 billion current LCU compare
- 118 Maldives 9.14 billion current LCU compare
- 120 Bosnia and Herzegovina 8.76 billion current LCU compare
- 121 Slovenia 8.57 billion current LCU compare
- 122 Trinidad and Tobago 8.02 billion current LCU compare
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 taxes on goods and services in Lithuania?
- Taxes on goods and services in Lithuania was 8.91 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Lithuania?
- The highest recorded value was 8.91 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Lithuania?
- The lowest recorded value was 15.23 million current LCU in 1991.
- How does Lithuania rank for taxes on goods and services?
- Lithuania ranks 119th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Lithuania?
- Over the last ten years it is up 123.3%. The long-run trend across the full record is volatile.
- 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 goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.