Ireland Ireland vs Lithuania Lithuania development indicators, 2024

Indicator
Ireland
Ireland, Value
Lithuania
Lithuania, Value
Ireland
Ireland, Rank
Lithuania
Lithuania, Rank
Ireland Ireland as % of
Lithuania Lithuania
Exports of goods and services (% of GDP) 148 74.1 5 19 199 %
GDP per capita (current US$) 107,316 29,386 3 44 365 %
GDP per capita, PPP (current international US$) 131,175 54,414 3 37 241 %
Imports of goods and services (% of GDP) 105 68.9 7 24 153 %
Inflation, consumer prices (annual %) 2.11 0.716 109 145 295 %
Net migration 39,059 2,617 28 61 1,493 %
Population, total 5,380,257 2,888,055 120 138 186 %

Demography and Health

The demographic landscape of Ireland and Lithuania displays notable differences. Ireland's birth rate stands at 10.3 per 1,000 people, significantly higher than Lithuania's 7.2, ranking Ireland 13th globally compared to Lithuania at 74th. Conversely, Lithuania's crude death rate is higher at 12.9 per 1,000 people, which ranks 23rd, whereas Ireland's death rate of 6.6 puts it in 80th position. When considering life expectancy, Ireland leads with 82.9 years (ranked 12th), while Lithuania's is 77 years (ranked 62nd). In terms of health metrics, the prevalence of undernourishment is equal at 2.5% for both countries. However, Ireland performs better in child mortality, with a rate of 3.8 under-5 deaths per 1,000 live births, compared to Lithuania’s 3.4 (28th and 47th ranks respectively). Interestingly, Ireland also has a lower suicide mortality rate of 8.6 per 100,000 population, compared to Lithuania, which has a notably higher rate of 22.1 (22nd and 1st ranks respectively).

Economy

Economically, Ireland shows a robust performance with a GDP per capita of $107,316, significantly higher than Lithuania’s $29,386, ranking 5th versus 63rd. When focusing on GDP per capita purchasing power parity (PPP), Ireland again outshines Lithuania with $131,175 to $54,414 (6th and 53rd ranks respectively). The proportion of exports of goods and services to GDP in Ireland is a staggering 148%, greatly surpassing Lithuania’s 74.1% (5th and 45th ranks). This high export rate suggests a highly open economy reliant on trade. Additionally, Ireland experiences a relatively low inflation rate at 2.1%, while Lithuania's stands at 0.7%, reflecting economic stability (91st and 108th ranks respectively). However, unemployment rates in Ireland at 4.3% are significantly lower than Lithuania's 6.8%, which ranks it as 24th.

Trade and Investment

In terms of trade, Ireland maintains a strong position compared to Lithuania, both in exports and imports as a percentage of GDP. Ireland's imports stand at 105% of GDP while Lithuania's is at 68.9%, underscoring the former's greater engagement in global trade. Furthermore, Ireland’s high-technology exports are remarkably prominent at $91.4 billion, showcasing its advanced manufacturing sector, compared to Lithuania’s $3.7 billion (11th and 54th ranks respectively). Net migration also favors Ireland, which has a net migration figure of 39,059 compared to Lithuania's 2,617, indicating a more favorable perception for migrants and expatriates towards Ireland.

Governance and Institutions

Governance indicators reveal that Ireland generally performs better on several fronts compared to Lithuania. The control of corruption index stands at 1.6 for Ireland, ranking 21st, while Lithuania's at 0.8 puts it at 35th. In terms of government effectiveness, Ireland ranks higher at 1.6 (14th) as compared to Lithuania at 1.1 (38th). The regulatory quality indicator is also more favorable for Ireland at 1.7 (11th) versus Lithuania’s 1.3 (29th). The political stability index indicates Ireland's strength with a score of 0.9 (12th) compared to Lithuania’s 0.7 (30th), indicating a more stable political environment in Ireland.

Infrastructure and Technology

Infrastructure and technological access illustrate varying degrees of development as well. The logistical performance index for both countries is the same at 3.5, indicating comparable quality in trade and transport-related infrastructure. However, a notable difference is observed in Internet usage, where 96.5% of the Irish population uses the Internet, in contrast to 88.5% in Lithuania (11th and 57th ranks respectively). Both nations emphasize research and development, though Ireland's expenditure at 1% of GDP is slightly lower than Lithuania's 1.1% (43rd and 39th ranks respectively).

Environment and Sustainability

In environmental indicators, Lithuania leads in renewable energy consumption with 33.2% of total final energy coming from renewable sources, compared to Ireland's 12.7% (24th and 8th ranks respectively). Ireland's greenhouse gas emissions per capita are higher at 10.9 t CO2e, against Lithuania's 7.2 t CO2e (11th and 47th ranks respectively). Ireland also experiences a moderately high level of water stress at 22.2%, while Lithuania shows much lower water stress at 1.8% (10th and 25th ranks respectively), highlighting different approaches and efficiencies in resource management for both countries.