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Economy of Bosnia and Herzegovina vs Lebanon compared: GDP & Debt

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $26B for Lebanon, ranking 110/197 and 121/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Bosnia and Herzegovina vs Lebanon GDP by year

Bosnia and Herzegovina
Lebanon
1x
Year GDP, current $
Bosnia Lebanon
2025 $32,599,982,936 -
2024 $29,737,363,103 $25,971,643,441
2023 $27,592,361,498 $20,078,620,357
2022 $24,534,663,636 $20,992,421,949
2021 $23,672,712,121 $23,131,941,557
2020 $20,226,038,370 $31,712,128,254
2019 $20,482,608,984 $51,605,959,131
2018 $20,484,058,033 $54,901,519,156
2017 $18,326,373,136 $53,027,680,686
2016 $17,116,926,554 $51,147,308,774
2015 $16,404,348,361 $49,929,337,837
2014 $18,558,734,107 $48,095,213,747
2013 $18,179,109,209 $46,880,103,081
2012 $17,226,735,996 $44,016,799,516
2011 $18,644,233,537 $39,927,125,962
2010 $17,176,315,804 $38,443,907,042
2009 $17,613,949,091 $35,399,582,929
2008 $19,112,796,623 $29,118,916,105
2007 $15,778,734,264 $24,827,355,015
2006 $12,864,841,906 $22,022,709,851
2005 $11,222,796,337 $21,497,336,499
2004 $10,156,541,221 $21,159,827,992
2003 $8,498,894,359 $20,082,918,740
2002 $6,728,220,983 $19,152,238,806
2001 $5,800,615,375 $17,649,751,244
2000 $5,567,772,769 $17,260,364,842
1999 $4,686,256,363 $17,391,056,369
1998 $4,116,774,301 $17,247,179,006
1997 $3,671,909,673 $15,751,867,489
1996 $2,786,045,322 $13,690,217,334
1995 $1,866,572,954 $11,718,795,529
1994 $1,255,802,469 $9,599,127,050
1993 $3,630,668,950 $7,941,744,492
1992 $4,735,044,707 $5,843,579,161
1991 $6,122,959,184 $4,690,415,093
1990 $7,753,478,261 $2,838,485,354
1989 - $2,717,998,688
1988 - $3,313,540,068

Data sources: World Bank | Economy & Growth (1988–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lebanon | CC BY

GDP per capita in Bosnia and Herzegovina vs Lebanon by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - - -
2024 $9,398 $25,043 $4,473 -
2023 $8,663 $23,376 $3,478 $12,575
2022 $7,656 $21,651 $3,654 $12,293
2021 $7,295 $18,287 $4,045 $11,600
2020 $6,130 $16,370 $5,561 $16,260
2019 $6,122 $16,429 $8,906 $21,710
2018 $6,048 $14,859 $9,175 $21,985
2017 $5,345 $13,627 $8,608 $20,964
2016 $4,929 $12,899 $8,089 $18,941
2015 $4,662 $11,845 $7,714 $17,046
2014 $5,206 $11,168 $7,578 $16,140
2013 $5,035 $10,808 $8,162 $16,316
2012 $4,694 $10,121 $8,407 $16,121
2011 $4,983 $9,761 $7,835 $14,975
2010 $4,506 $9,086 $7,626 $14,704
2009 $4,540 $8,698 $7,091 $13,586
2008 $4,842 $8,587 $5,912 $12,416
2007 $3,931 $7,686 $5,125 $11,356
2006 $3,166 $6,869 $4,635 $10,312
2005 $2,740 $5,956 $4,602 $10,020
2004 $2,453 $5,407 $4,601 $9,609
2003 $2,034 $4,917 $4,438 $8,914
2002 $1,607 $4,665 $4,291 $8,586
2001 $1,388 $4,307 $4,010 $8,289
2000 $1,338 $4,148 $3,987 $7,938
1999 $1,135 $3,875 $4,087 $7,793
1998 $1,007 $3,524 $4,125 $7,861
1997 $914 $3,041 $3,834 $7,632
1996 $719 $2,269 $3,393 $7,560
1995 $502 $1,507 $2,959 $6,796
1994 $337 $1,269 $2,468 $6,367
1993 $930 $1,067 $2,079 $5,871
1992 $1,118 $982 $1,559 $5,279
1991 $1,373 $975 $1,278 $4,527
1990 $1,743 $1,043 $790 $2,990
1989 - - $771 -
1988 - - $959 -

Data sources: World Bank | Economy & Growth (1988–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lebanon | CC BY

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Lebanon ranks 123rd at $12,575.

Economic indicators

Bosnia Lebanon
Gross domestic product
$32.6B
2025
$26B
2024
GDP rank
110/197
2025
121/197
2024
GDP growth
2.13%
2024-2025
-7.08%
2023-2024
GDP per capita
$10,382
2025
$4,473
2024
GDP per capita rank
87/197
2025
129/197
2024
GDP per capita, PPP
$25,043
2024
$12,575
2023
GDP per capita PPP rank
83/197
2024
123/197
2023
Government debt
$9.76B
2025
$41B
2024
Debt-to-GDP ratio
29.9%
2025
139.4%
2025
Government debt per person
$3,108
2025
$7,061
2024
Government debt per person rank
104/185
2025
71/185
2024
Average annual personal income after taxes
$9,479
2026
$3,055
2026
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2026
Income share by richest 10%
23.6%
2021
25.6%
2022
Income share by poorest 10%
3.3%
2021
2.8%
2022
Government expenditure, % of GDP
44.9%
2025
15.5%
2025
Consumer prices inflation
4%
2024-2025
14.6%
2024-2025
Central bank interest rate n/a
20%
2023
Unemployment rate
10.7%
2024
11.3%
2019
Population
3114736
5921719

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Bosnia Lebanon
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 15.5% 139.4%
2024 43.3% 29.4% 15.3% 157.9%
2023 41.9% 29% 14.3% 185.8%
2022 39.4% 31.2% 12.9% 235.9%
2021 40.6% 35.8% 10.5% 346%
2020 45.4% 37.2% 24.5% 157.2%
2019 39.9% 32.8% 31.3% 171.9%
2018 40.4% 34.5% 32.1% 154%
2017 40% 38.6% 30.7% 150.4%
2016 41.5% 44.9% 28.6% 147.9%
2015 42.7% 46.4% 26.7% 140.9%
2014 46.2% 47.1% 28.9% 138.5%
2013 43.8% 43.8% 28.9% 135.4%
2012 47.9% 43.6% 30.2% 131.1%
2011 46.4% 40.9% 28.8% 134.4%
2010 48.7% 42.2% 29.2% 136.8%
2009 49% 36.4% 32.1% 144.5%
2008 48.4% 30.3% 34.3% 161.5%
2007 45.2% 18.2% 35.2% 169.3%
2006 44.2% 20.6% 36.1% 183.3%
2005 44.5% 24.9% 31.4% 178.9%
2004 45.6% 25.5% 33.3% 169.5%
2003 47.3% 27.6% 36.4% 171.3%
2002 47.4% 31.1% 36.8% 163.1%
2001 50.2% 35.1% 38.9% 163.1%
2000 56.2% 34.6% 42.8% 148.1%
1999 57.5% 56% 35.6% 130.2%
1998 54.4% 54.4% 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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lebanon | CC BY

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 139.4% in Lebanon, ranking 156/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Lebanon
1x
Year Deficit/surplus, % of GDP
Bosnia Lebanon
2025 -2.41% 3.25%
2024 -1.96% 0.39%
2023 -1.67% -1.64%
2022 0.15% -7.49%
2021 -0.18% -2.57%
2020 -4.5% -7.79%
2019 1.37% -10.5%
2018 1.63% -11.2%
2017 1.79% -8.68%
2016 0.34% -8.98%
2015 -0.19% -7.49%
2014 -2.87% -6.22%
2013 -2.19% -8.83%
2012 -3.76% -8.43%
2011 -2.73% -5.94%
2010 -4.06% -7.47%
2009 -5.34% -8.1%
2008 -3.82% -9.86%
2007 0.17% -10.9%
2006 2.08% -10.6%
2005 0.74% -8.57%
2004 -0.18% -9.83%
2003 -0.44% -14%
2002 -2.99% -16.2%
2001 -3.44% -21%
2000 -4.63% -23.9%
1999 -2.78% -16.7%
1998 -0.98% -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 (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lebanon | CC BY

In 2024, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $584M, equivalent to 1.96% of GDP. This compares to Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Lebanon ran a deficit in 26 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.5% of GDP, compared to deficit of 9.99% of GDP for Lebanon.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Lebanon
1x
Year Consumer prices inflation
Bosnia Lebanon
2025 4% 14.6%
2024 1.7% 45.2%
2023 6.1% 221.3%
2022 14% 171.2%
2021 2% 154.8%
2020 -1% 84.9%
2019 0.6% 2.9%
2018 1.4% 6.1%
2017 0.8% 4.4%
2016 -1.6% -0.8%
2015 -1% -3.7%
2014 -0.9% 1.9%
2013 -0.1% 4.8%
2012 2.1% 6.6%
2011 4% 5%
2010 2.1% 4%
2009 -0.4% 1.2%
2008 7.4% 10.7%
2007 1.5% 4.1%
2006 6.1% 4.1%
2005 3.6% -1.4%
2004 0.3% 1.7%
2003 0.5% 1.3%
2002 0.3% 1.8%
2001 3.2% -0.4%
2000 5% -0.4%
1999 2.8% 0.2%
1998 -0.3% 4.5%
1997 5.7% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lebanon | CC BY

Over the past 29 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.41%, compared with 26.1% in Lebanon. In 2025, inflation was 4% in Bosnia and Herzegovina and 14.6% in Lebanon.

Top exports between countries

Bosnia
Export category Export value
Processed food, beverages & tobacco $90K
Wood & paper products $79K
Machinery & equipment $76K
Chemicals & pharma $54K
Animal & marine products $40K
Textiles & consumer goods $21K
Metals $17K
Raw materials & minerals $9K
Lebanon
Export category Export value
Machinery & equipment $41K
Miscellaneous $5K
Precious metals & jewellery $4K
Processed food, beverages & tobacco $2K
Textiles & consumer goods $1K
Wood & paper products $1K

Balance of trade

Bosnia Lebanon
Current account balance
-$1.02B
2025
-$5.64B
2023
Current account balance ranking
117/190
2025
166/190
2023
Current account balance, % of GDP
-3.14%
2025
-28.1%
2023
Goods imports
$16.3B
2025
$16.7B
2023
Goods exports
$9.5B
2025
$3.85B
2023
Service imports
$1.42B
2025
$6.63B
2023
Service exports
$3.92B
2025
$7.92B
2023
Imports of goods and services, % of GDP
54.1%
2025
58.9%
2024
Exports of goods and services, % of GDP
41%
2025
23.3%
2024

Economic freedom indices

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

Bosnia Lebanon
Economic freedom 63.1 43.1
Economic freedom ranking 83/197 183/197
Property rights 46.9 21.8
Government integrity 36.8 23.4
Judicial effectiveness 36.1 23.8
Tax burden 93.9 90.3
Government spending 48.4 93.3
Fiscal health 96.2 63.4
Business freedom 65.1 47.6
Labor freedom 62.7 48.4
Monetary freedom 77.5 0
Trade freedom 69 65.6
Investment freedom 65 20
Financial freedom 60 20

Economic freedom comparison by year

Bosnia and Herzegovina
Lebanon
1x
Year Economic freedom index
Bosnia Lebanon
2026 63.1 43.1
2025 63.5 44.1
2024 62 48.3
2023 62.9 45.6
2022 63.4 47.3
2021 62.9 51.4
2020 62.6 51.7
2019 61.9 51.1
2018 61.4 53.2
2017 60.2 53.3
2016 58.6 59.5
2015 59 59.3
2014 58.4 59.4
2013 57.3 59.5
2012 57.3 60.1
2011 57.5 60.1
2010 56.2 59.5
2009 53.1 58.1
2008 53.9 60
2007 54.4 60.4
2006 55.6 57.5
2005 48.8 57.2
2004 44.7 56.9
2003 40.6 56.7
2002 37.4 57.1
2001 36.6 61
2000 45.1 56.1
1999 29.4 59.1
1998 29.4 59
1997 - 63.9
1996 - 63.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lebanon | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, 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

Bosnia Lebanon
Services, % of GDP
57.7%
2025
35.7%
2024
Industry, % of GDP
21.5%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
1.05%
2024
GNI, Atlas method
$31.2B
2025
$20.7B
2024
GNI per capita, PPP
$25,810
2025
$11,790
2024
Total reserves including gold
$9.42B
2024
$33.3B
2024
Total reserves ranking
83/177
2024
56/177
2024
Net foreign direct investment
-$526M
2025
-$583M
2023
Net inflows of foreign direct investment
$1B
2024
$1.84B
2024
Net outflows of foreign direct investment
$119M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
9.68%
2024
Poverty at national poverty lines
16.9%
2015
27.4%
2012
Gross capital formation, % of GDP
28.7%
2025
1.44%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.