Lithuania vs Portugal development indicators, 2024

Demography and Health

Lithuania's birth rate stands at 7.2 per 1,000 people, slightly lower than Portugal's 8.1, ranking Lithuania 74th and Portugal 59th globally. Conversely, Lithuania has a higher death rate of 12.9 per 1,000 people compared to Portugal's 11.2, ranking 23rd versus Portugal's 38th. Life expectancy in Lithuania is 77 years, compared to Portugal’s higher expectancy of 82.3 years; Lithuania ranks 62nd while Portugal ranks 20th. The under-five mortality rate is marginally worse in Lithuania, at 3.4 per 1,000 live births compared to 3.2 in Portugal. Lithuania experiences a negative net migration rate with 2,617 individuals moving out, whereas Portugal sees a significant influx with over 20,000 migrants. Poverty is also a considerable issue in Lithuania, with a 20.9% headcount ratio compared to Portugal’s 16.4%. Despite similar levels of undernourishment at 2.5%, Lithuania faces a higher suicide mortality rate of 22.1, ranking it 1st globally compared to Portugal’s much lower rate of 11.5, ranking 15th.

Economy

As of 2024, Lithuania has a GDP per capita (current US$) of 29,386, slightly ahead of Portugal’s 28,844, ranking Lithuania 63rd and Portugal 65th. In terms of purchasing power parity (PPP), Lithuania also leads with 54,414 compared to Portugal's 50,617, ranking 53rd for Lithuania versus 61st for Portugal. Lithuania's economy is heavily export-driven with exports of goods and services forming 74.1% of GDP compared to Portugal's 46.5%, ranking Lithuania 45th and Portugal 80th. However, Lithuania also has higher imports, comprising 68.9% of GDP compared to Portugal’s 44.7%, indicating a more open economy but perhaps a less balanced one. Inflation rates favor Lithuania with a low 0.7% compared to Portugal's 2.4%. Thus, from an economic perspective, Lithuania showcases stronger export performance while maintaining a high standard of living, despite its higher import dependency.

Trade and Investment

In terms of foreign direct investment (FDI), Lithuania's net inflows represent 4.2% of GDP, closely paralleling Portugal's 4.3%. Current account balance is slightly healthier in Lithuania at 2.5% compared to Portugal’s 2.2%. Regarding high-technology exports, Lithuania contributes $3.7 billion, whereas Portugal edges ahead with $4.2 billion. Both countries are engaged in international commerce, but Lithuania's higher export percentage signifies a stronger reliance on trade. However, Lithuania's logistics performance index is rated at 3.5, slightly lower than Portugal's 3.6, reflecting a competitive edge for Portugal in trade and transport infrastructure.

Governance and Institutions

Lithuania shows a better control of corruption score of 0.8 compared to Portugal’s 0.7. In governance effectiveness, Lithuania scores 1.1 against Portugal's 1.0, indicating slightly better governmental performance. The regulatory quality index also favors Lithuania with a score of 1.3 versus Portugal's 0.8, suggesting a more conducive environment for business regulation in Lithuania. The rule of law is stronger in Lithuania as well, with a score of 1.3 against Portugal's 1.1. However, both nations face similar scores on political stability and absence of violence/terrorism, both at 0.7. While Lithuania exhibits marginally better governance indicators, both countries still grapple with challenges in local institutions.

Infrastructure and Technology

Lithuania has about 88.5% of its population using the Internet, which surpasses Portugal’s 85.8%. This highlights a more advanced digital landscape in Lithuania. However, Portugal leads slightly in the logistics performance index with a score of 3.6 compared to Lithuania's 3.5. Such metrics indicate that although Lithuania exhibits robust internet usage, Portugal may have marginally better physical infrastructure for trade and transport. Both countries invest in research and development, with Lithuania allocating 1.1% of its GDP against Portugal’s 1.7%, showcasing different prioritizations in tech innovation.

Environment and Sustainability

In terms of renewable energy consumption, Lithuania leads with 33.2% compared to Portugal’s 32.3%. The level of water stress is notably alleviated in Lithuania with only 1.8% of available freshwater resources being withdrawn, whereas Portugal faces significantly higher stress at 12.3%. Both countries share the same rate of undernourishment at 2.5%, implying a stable food supply system. However, total greenhouse gas emissions per capita are higher in Lithuania at 7.2 tons compared to Portugal’s 5 tons, indicating the need for Lithuania to strengthen its sustainability efforts. Ultimately, both countries show commitment toward environment-related issues, but with distinct approaches and challenges in sustainability.