Germany Germany vs Lithuania Lithuania development indicators, 2024

Indicator
Germany
Germany, Value
Lithuania
Lithuania, Value
Germany
Germany, Rank
Lithuania
Lithuania, Rank
Germany Germany as % of
Lithuania Lithuania
Current account balance (% of GDP) 5.73 2.48 18 35 232 %
Exports of goods and services (% of GDP) 42.1 74.1 53 19 56.8 %
Foreign direct investment, net inflows (% of GDP) 1.02 4.24 73 24 24.1 %
GDP per capita (current US$) 55,800 29,386 17 44 190 %
GDP per capita, PPP (current international US$) 72,300 54,414 18 37 133 %
Imports of goods and services (% of GDP) 38.2 68.9 75 24 55.5 %
Inflation, consumer prices (annual %) 2.26 0.716 103 145 315 %
Net migration 36,954 2,617 29 61 1,412 %
Population, total 83,510,950 2,888,055 19 138 2,892 %

Demography and Health

The demographic landscape of Germany and Lithuania shows notable differences. In 2023, Germany's crude birth rate stands at 8.3 per 1,000 people, slightly higher than Lithuania's rate of 7.2, ranking Germany 54th and Lithuania 74th globally. The crude death rate is also different; Germany's rate is 12.3 per 1,000, compared to Lithuania's 12.9, indicating Lithuania's higher mortality challenges. Life expectancy in Germany is 80.5 years, surpassing Lithuania's 77 years. Furthermore, Germany has a lower under-5 mortality rate (3.7 per 1,000 live births) compared to Lithuania's 3.4. The prevalence of undernourishment in both countries is at 2.5%, indicating good dietary security. However, Lithuania faces challenges with a higher suicide mortality rate (22.1 per 100,000), much greater than Germany's 12.9, highlighting critical mental health issues needing attention.

Economy

Germany boasts a robust economy characterized by a GDP per capita of $55,800, significantly higher than Lithuania's $29,386. When adjusted for purchasing power parity (PPP), Germany's GDP per capita reaches $72,300, compared to Lithuania's $54,414. Despite Germany’s higher economic output, Lithuania shows remarkable resilience with a higher export-to-GDP ratio of 74.1%, while Germany is at 42.1%. Interestingly, Lithuania’s net foreign direct investment inflows (% of GDP) are considerably higher at 4.2% compared to Germany's 1%. Furthermore, Germany shows lower inflation at 2.3% versus Lithuania's 0.7%, which positions the latter as more stable in terms of price changes.

Trade and Investment

Trade figures illustrate Germany's strength in high-technology exports, amounting to $255.7 billion, claiming the top position globally, while Lithuania's high-technology exports are significantly lower at just $3.7 billion, ranking it 54th. In imports, Lithuania stands out with much higher import reliance (68.9% of GDP) compared to Germany's 38.2%. The current account balance also reflects Germany's positive standing at 5.7% of GDP versus Lithuania's 2.5%. Such figures imply that while Germany has a mature and diversified economy, Lithuania’s trade is heavily export-driven and growing at a fast pace despite its smaller scale.

Governance and Institutions

In governance, Germany performs better on most indicators. The control of corruption index shows Germany with a score of 1.7, while Lithuania scores 0.8. Additionally, Germany’s government effectiveness score stands at 1.2 against Lithuania’s 1.1. The rule of law and regulatory quality indices also favor Germany, indicating stronger institutions. Military expenditure reveals a dramatic contrast; Germany spends $66.8 billion while Lithuania only spends $2.2 billion, reflecting Germany's significant investment in national defense. Political stability is slightly higher in Lithuania at 0.7 compared to Germany's 0.6, suggesting Lithuania experiences better conditions regarding violence and terrorism.

Infrastructure and Technology

Infrastructure development is another area where Germany outshines Lithuania with a logistics performance index of 4.3 compared to Lithuania’s 3.5. This suggests Germany has superior transportation and trade-related infrastructure, which is vital for efficiency in logistics and trade. Furthermore, Germany leads in research and development expenditure at 3.1% of GDP compared to Lithuania’s 1.1%, underscoring a stronger commitment to innovation.

Environment and Sustainability

In terms of environmental sustainability, Germany's renewable energy consumption comprises 17.6% of its total final energy, which although lower than Lithuania's impressive 33.2%, still marks a concerted effort towards greener energy. Nonetheless, both countries face challenges with greenhouse gas emissions, where Germany emits 8.1 tons of CO2e per capita, compared to Lithuania's 7.2 tons, ranking in the mid to higher range for both nations. The level of water stress also poses varying challenges; Germany has a higher freshwater withdrawal ratio (35.4% of available resources) compared to Lithuania's 1.8%, indicating that sustainability efforts need addressing.