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Is Lithuania the richest country?

Is Lithuania the richest country?

Luxembourg on the left is the world’s richest country and Burundi on the right is the poorest….Advertisement.

Rank Country GDP-PPP ($)
34 Czech Republic 40,618
35 Israel 40,547
36 Cyprus 40,107
37 Lithuania 38,824

What is the average GDP of Lithuania?

Economy of Lithuania

Statistics
GDP $63 billion (nominal, 2021 est.) $114 billion (PPP, 2021 est.)
GDP rank 83rd (nominal, 2019) 86th (PPP, 2020)
GDP growth 3.6% (2018) 3.9% (2019) −1.3% (2020e) 4.1% (2021e)
GDP per capita $22,752 (nominal, 2021 est.) $41,288 (PPP, 2021 est.)

Are people in Lithuania poor?

Poverty in Lithuania is widespread but shallow. While very few Lithuanians are extremely poor, many live in moderate poverty. Lithuania’s poverty line is set at LTL 811 ($265), and around 20 percent of the population lives below this measure.

How much is Lithuania debt?

In 2019, the national debt of Lithuania amounted to around 21.34 billion U.S. dollars.

How developed is Lithuania?

Lithuania is a developed country, with a high income advanced economy; ranking very high in the Human Development Index. Lithuania is a member of the European Union, the Council of Europe, eurozone, the Nordic Investment Bank, Schengen Agreement, NATO and OECD.

What is the per capita income in Lithuania?

Lithuania Household Income per Capita. Lithuania’s Annual Household Income per Capita reached 6,903.833 USD in Dec 2018, compared with the previous value of 5,967.758 USD in Dec 2017.

What countries have the largest GDP?

The United States has the largest economy in the world with a nominal GDP of $20.4 trillion according to the International Money Fund . This number represents about a quarter of the global economy. China takes up the second spot with a nominal GDP of 14 trillion USD.

What type of economy does Lithuania have?

The Lithuanian economy is a mixed market economy. with some two-thirds of the population working in the service sector. The society is relatively egalitarian with healthcare, primary and secondary education being funded by the state.

What are countries in GDP?

United States:$20.4 trillion

  • China:$14.0 trillion
  • Japan:$5.1 trillion
  • Germany:$4.2 trillion
  • United Kingdom:$2.9 trillion
  • France:$2.9 trillion
  • India:$2.8 trillion
  • Italy:$2.1 trillion
  • Brazil:$2.1 trillion
  • Canada:$1.7 trillion 1