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Economy of Afghanistan vs Lebanon compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $20.1B for Lebanon, ranking 137/197 and 128/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Afghanistan vs Lebanon GDP by year

Afghanistan
Lebanon
1x
Year GDP, current $
Afghanistan Lebanon
2023 $17,152,234,637 $20,078,620,357
2022 $14,497,243,872 $20,992,421,949
2021 $14,259,995,441 $23,131,941,557
2020 $19,955,929,052 $31,712,128,254
2019 $18,799,444,490 $51,605,959,131
2018 $18,053,222,687 $54,901,519,156
2017 $18,753,456,498 $53,027,680,686
2016 $18,116,572,395 $51,147,308,774
2015 $19,134,221,645 $49,929,337,837
2014 $20,497,128,556 $48,095,213,747
2013 $20,146,416,758 $46,880,103,081
2012 $19,907,329,778 $44,016,799,516
2011 $17,805,098,206 $39,927,125,962
2010 $15,856,668,556 $38,443,907,042
2009 $12,416,152,732 $35,399,582,929
2008 $10,109,297,048 $29,118,916,105
2007 $9,747,886,187 $24,827,355,015
2006 $6,971,758,282 $22,022,709,851
2005 $6,203,256,539 $21,497,336,499
2004 $5,224,896,719 $21,159,827,992
2003 $4,520,946,819 $20,082,918,740
2002 $3,825,701,439 $19,152,238,806
2001 $2,813,571,754 $17,649,751,244
2000 $3,521,418,060 $17,260,364,842
1999 - $17,391,056,369
1998 - $17,247,179,006
1997 - $15,751,867,489
1996 - $13,690,217,334
1995 - $11,718,795,529
1994 - $9,599,127,050
1993 - $7,941,744,492
1992 - $5,843,579,161
1991 - $4,690,415,093
1990 - $2,838,485,354
1989 - $2,717,998,688
1988 - $3,313,540,068

Data sources: World Bank | Economy & Growth (1988–2023, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/lebanon | CC BY

GDP per capita in Afghanistan vs Lebanon by year

Afghanistan
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2023 $414 $2,202 $3,478 $12,575
2022 $357 $2,123 $3,654 $12,293
2021 $356 $2,144 $4,045 $11,600
2020 $511 $2,562 $5,561 $16,260
2019 $497 $2,583 $8,906 $21,710
2018 $491 $2,432 $9,175 $21,985
2017 $525 $2,336 $8,608 $20,964
2016 $522 $2,213 $8,089 $18,941
2015 $566 $2,284 $7,714 $17,046
2014 $625 $2,224 $7,578 $16,140
2013 $637 $2,133 $8,162 $16,316
2012 $651 $1,988 $8,407 $16,121
2011 $607 $1,744 $7,835 $14,975
2010 $561 $1,766 $7,626 $14,704
2009 $452 $1,571 $7,091 $13,586
2008 $382 $1,334 $5,912 $12,416
2007 $376 $1,287 $5,125 $11,356
2006 $274.2 $1,122 $4,635 $10,312
2005 $254.2 $1,076 $4,602 $10,020
2004 $221.8 $972 $4,601 $9,609
2003 $198.9 $967 $4,438 $8,914
2002 $179 $927 $4,291 $8,586
2001 $138.7 $748 $4,010 $8,289
2000 $174.9 $814 $3,987 $7,938
1999 - - $4,087 $7,793
1998 - - $4,125 $7,861
1997 - - $3,834 $7,632
1996 - - $3,393 $7,560
1995 - - $2,959 $6,796
1994 - - $2,468 $6,367
1993 - - $2,079 $5,871
1992 - - $1,559 $5,279
1991 - - $1,278 $4,527
1990 - - $790 $2,990
1989 - - $771 -
1988 - - $959 -

Data sources: World Bank | Economy & Growth (1988–2023, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/lebanon | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Lebanon ranks 123rd at $12,575.

Economic indicators

Afghanistan Lebanon
Gross domestic product
$17.2B
2023
$20.1B
2023
GDP rank
137/197
2023
128/197
2023
GDP growth
2.27%
2022-2023
-0.76%
2022-2023
GDP per capita
$414
2023
$3,478
2023
GDP per capita rank
196/197
2023
135/197
2023
GDP per capita, PPP
$2,202
2023
$12,575
2023
GDP per capita PPP rank
184/197
2023
123/197
2023
Government debt
$1.44B
2023
$38.7B
2023
Debt-to-GDP ratio
8.8%
2024
163.8%
2024
Government debt per person
$34.8
2023
$6,704
2023
Government debt per person rank
185/185
2023
70/185
2023
Average annual personal income after taxes
$1,869
2026
$3,560
2026
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10% n/a
25.1%
2022
Income share by poorest 10% n/a
2.8%
2022
Government expenditure, % of GDP
19.4%
2024
16.5%
2024
Consumer prices inflation
-4.3%
2023-2024
45.2%
2023-2024
Central bank interest rate
6%
2021
20%
2023
Unemployment rate
5.68%
2021
11.3%
2019
Population
45409324
5906622

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Afghanistan Lebanon
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 16.5% 163.8%
2023 17% 8.42% 14.9% 192.8%
2022 16.1% 10.8% 13.4% 244.6%
2021 17.9% 11.2% 10.9% 358%
2020 27.9% 7.33% 23.2% 148.7%
2019 28% 6.14% 31.3% 172.1%
2018 28.9% 7.38% 32.3% 155.1%
2017 27.7% 8% 30.6% 150%
2016 28% 8.44% 28.3% 146.4%
2015 25.9% 9.15% 26.7% 140.8%
2014 25.4% 8.7% 28.8% 138.4%
2013 25% 6.92% 28.9% 135.4%
2012 25% 6.77% 30.2% 131.1%
2011 21.9% 7.52% 28.8% 134.4%
2010 20.8% 7.71% 29.2% 136.8%
2009 21.2% 16.2% 32.1% 144.5%
2008 20.9% 19.1% 34.3% 161.5%
2007 21.4% 20.1% 35.2% 169.3%
2006 18.3% 23% 36.1% 183.3%
2005 15.7% 206.4% 31.4% 178.9%
2004 15.1% 245% 33.3% 169.5%
2003 11.9% 270.6% 36.4% 171.3%
2002 6.94% 346% 36.8% 163.1%
2001 - - 38.9% 163.1%
2000 - - 42.8% 148.1%
1999 - - 35.6% 130.2%
1998 - - 34.7% 108.2%
1997 - - 40.5% 100.2%
1996 - - 43.6% 101.2%
1995 - - 31.1% 79.6%
1994 - - 47.3% 71.5%
1993 - - 23% 50.5%
1992 - - 36.1% 51.7%
1991 - - 35.6% 67.1%
1990 - - 40% 99.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/lebanon | CC BY

In 2023, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 163.8% in Lebanon, ranking 181/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Lebanon
1x
Year Deficit/surplus, % of GDP
Afghanistan Lebanon
2024 -0.54% -0.19%
2023 -1.33% -1.7%
2022 -1% -7.77%
2021 -0.48% -2.67%
2020 -2.24% -7.37%
2019 -1.06% -10.5%
2018 1.63% -11.3%
2017 -0.67% -8.65%
2016 0.13% -8.88%
2015 -1.38% -7.48%
2014 -1.72% -6.22%
2013 -0.63% -8.82%
2012 0.18% -8.43%
2011 -0.67% -5.94%
2010 0.93% -7.47%
2009 -1.76% -8.1%
2008 -3.86% -9.86%
2007 -2.46% -10.9%
2006 0.68% -10.6%
2005 -0.92% -8.57%
2004 -2.39% -9.83%
2003 -2.1% -14%
2002 -0.1% -16.2%
2001 - -21%
2000 - -23.9%
1999 - -16.7%
1998 - -17.3%
1997 - -24.5%
1996 - -25.7%
1995 - -13.6%
1994 - -29.1%
1993 - -7.19%
1992 - -24%
1991 - -19.5%
1990 - -30.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/lebanon | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Lebanon ran a deficit in 22 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to deficit of 8.69% of GDP for Lebanon.

Inflation comparison by year

Inflation
Afghanistan

Lebanon
1x
Year Consumer prices inflation
Afghanistan Lebanon
2024 -4.3% 45.2%
2023 -7.7% 221.3%
2022 10.6% 171.2%
2021 7.8% 154.8%
2020 5.6% 84.9%
2019 2.3% 2.9%
2018 0.6% 6.1%
2017 5% 4.5%
2016 4.4% -0.8%
2015 -0.7% -3.8%
2014 4.7% 1.1%
2013 7.4% 5.6%
2012 6.4% 6.6%
2011 11.8% 5%
2010 2.2% 4%
2009 -6.8% 1.2%
2008 26.4% 10.7%
2007 8.7% 4.1%
2006 6.8% 4.1%
2005 10.6% -1.4%
2004 16.4% 1.7%
2003 35.7% 1.3%
2002 - 1.8%
2001 - -0.4%
2000 - -0.4%
1999 - 0.2%
1998 - 4.5%
1997 - 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/lebanon | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 33.2% in Lebanon. In 2024, inflation was -4.3% in Afghanistan and 45.2% in Lebanon.

Top exports between countries

Afghanistan
Export category Export value
Raw agricultural goods $1.11M
Animal & marine products $3K
Lebanon
Export category Export value
Machinery & equipment $373K
Raw agricultural goods $267K
Processed food, beverages & tobacco $175K
Wood & paper products $103K
Weapons & explosives $59K
Metals $33K

Balance of trade

Afghanistan Lebanon
Current account balance
-$3.14B
2020
-$5.64B
2023
Current account balance ranking
159/190
2020
168/190
2023
Current account balance, % of GDP
-15.7%
2020
-28.1%
2023
Goods imports
$5.88B
2020
$16.7B
2023
Goods exports
$777M
2020
$3.85B
2023
Service imports
$1.11B
2020
$6.63B
2023
Service exports
$700M
2020
$7.92B
2023
Imports of goods and services, % of GDP
50.7%
2023
73.7%
2023
Exports of goods and services, % of GDP
16.9%
2023
30.6%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Lebanon
Economic freedom 53 43.1
Economic freedom ranking 142/197 183/197
Property rights 3.6 21.8
Government integrity 13.5 23.4
Judicial effectiveness 0 23.8
Tax burden 92 90.3
Government spending 90.8 93.3
Fiscal health 98.4 63.4
Business freedom 33.7 47.6
Labor freedom 44.4 48.4
Monetary freedom 84.9 0
Trade freedom 68.6 65.6
Investment freedom 10 20
Financial freedom 10 20

Economic freedom comparison by year

Afghanistan
Lebanon
1x
Year Economic freedom index
Afghanistan Lebanon
2026 - 43.1
2025 - 44.1
2024 - 48.3
2023 - 45.6
2022 - 47.3
2021 53 51.4
2020 54.7 51.7
2019 51.5 51.1
2018 51.3 53.2
2017 48.9 53.3
2016 - 59.5
2015 - 59.3
2014 - 59.4
2013 - 59.5
2012 - 60.1
2011 - 60.1
2010 - 59.5
2009 - 58.1
2008 - 60
2007 - 60.4
2006 - 57.5
2005 - 57.2
2004 - 56.9
2003 - 56.7
2002 - 57.1
2001 - 61
2000 - 56.1
1999 - 59.1
1998 - 59
1997 - 63.9
1996 - 63.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/lebanon | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Lebanon
Services, % of GDP
46.4%
2023
42.4%
2023
Industry, % of GDP
13.4%
2023
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
0.97%
2023
GNI, Atlas method
$15.5B
2023
$21.4B
2023
GNI per capita, PPP
$2,210
2023
$12,420
2023
Total reserves including gold
$9.75B
2020
$33.3B
2024
Total reserves ranking
78/177
2020
54/177
2024
Net foreign direct investment
$24.3M
2020
-$583M
2023
Net inflows of foreign direct investment
$0
2024
$1.84B
2024
Net outflows of foreign direct investment
$0
2024
$391M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
22%
2023
Poverty at national poverty lines
47.1%
2019
27.4%
2012
Gross capital formation, % of GDP
15.3%
2023
1.9%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20)
  6. TradeMap (2019–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.