Government revenue as a share of GDP forecast for Lithuania 2020-2029

The ratio of government revenue to gross domestic product (GDP) in Lithuania was forecast to decrease between 2024 and 2029 by in total 1.7 percentage points. This overall decrease does not happen continuously, notably not in 2029. The ratio is estimated to amount to 37.06 percent in 2029.
The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.

Find more statistics on other topics about Lithuania with key insights such as the gross domestic product in current prices, the average inflation rate, and the budget balance in relation to the gross domestic product.