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Economy of Burundi vs Lebanon compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $2.16B compared to $20.1B for Lebanon, ranking 177/197 and 128/197 by economy size, respectively.

Burundi has $934M in government debt (35.3% of GDP), compared to $38.6B (149.1% of GDP) in Lebanon.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Burundi
GDP, current $

GDP, constant 2015 $
Lebanon
GDP, current $

GDP, constant 2015 $
Year GDP
Burundi Lebanon
Current $ Constant $ Current $ Constant $
1960 $195,999,990 $798,536,036 - -
1961 $202,999,992 $688,768,194 - -
1962 $213,500,006 $751,192,344 - -
1963 $232,749,998 $782,257,208 - -
1964 $260,750,008 $831,328,499 - -
1965 $158,994,963 $864,309,176 - -
1966 $165,444,571 $904,179,697 - -
1967 $178,297,143 $1,029,151,062 - -
1968 $183,200,000 $1,026,085,389 - -
1969 $190,205,714 $1,011,109,250 - -
1970 $242,732,571 $1,226,735,080 - -
1971 $252,842,286 $1,260,431,391 - -
1972 $246,804,571 $1,179,713,807 - -
1973 $304,339,524 $1,260,984,889 - -
1974 $345,263,492 $1,251,819,552 - -
1975 $420,986,667 $1,260,556,254 - -
1976 $448,412,754 $1,360,677,964 - -
1977 $547,535,556 $1,516,740,284 - -
1978 $610,225,556 $1,502,474,189 - -
1979 $782,496,667 $1,527,489,708 - -
1980 $919,726,667 $1,542,627,982 - -
1981 $969,046,667 $1,730,262,074 - -
1982 $1,013,222,222 $1,712,032,036 - -
1983 $1,082,926,304 $1,775,639,625 - -
1984 $987,143,931 $1,778,401,526 - -
1985 $1,149,979,286 $1,987,953,782 - -
1986 $1,201,725,497 $2,052,565,867 - -
1987 $1,131,466,494 $2,165,520,540 - -
1988 $1,082,403,219 $2,274,468,406 $3,313,540,068 $13,590,690,652
1989 $1,113,924,130 $2,305,162,408 $2,717,998,688 $7,821,290,497
1990 $1,132,101,253 $2,385,838,992 $2,838,485,354 $9,896,526,026
1991 $1,167,398,478 $2,505,055,464 $4,690,415,093 $14,790,098,776
1992 $1,083,037,671 $2,530,356,484 $5,843,579,161 $17,221,346,343
1993 $938,632,612 $2,372,462,239 $7,941,744,492 $19,075,339,625
1994 $925,030,590 $2,281,596,935 $9,599,127,050 $20,621,442,059
1995 $1,000,428,394 $2,100,894,458 $11,718,795,529 $21,951,290,517
1996 $869,033,856 $1,932,822,901 $13,690,217,334 $24,428,699,054
1997 $972,896,268 $1,902,091,017 $15,751,867,489 $24,686,413,686
1998 $893,770,740 $1,992,440,341 $17,247,179,006 $25,591,349,425
1999 $808,077,223 $1,972,316,693 $17,391,056,369 $25,456,845,224
2000 $870,486,066 $1,955,416,620 $17,260,364,842 $25,798,443,406
2001 $876,794,723 $1,995,616,214 $17,649,751,244 $26,789,018,311
2002 $825,394,519 $2,084,351,677 $19,152,238,806 $27,706,046,545
2003 $784,654,424 $2,058,844,882 $20,082,918,740 $28,600,147,894
2004 $915,257,323 $2,158,362,398 $21,159,827,992 $30,510,478,932
2005 $1,117,113,080 $2,177,787,659 $21,497,336,499 $31,329,923,063
2006 $1,273,375,078 $2,295,688,883 $22,022,709,851 $31,815,384,921
2007 $1,356,199,387 $2,374,934,883 $24,827,355,015 $34,777,595,316
2008 $1,611,835,857 $2,490,397,481 $29,118,916,105 $37,931,620,044
2009 $1,781,455,140 $2,585,349,995 $35,399,582,929 $41,812,842,420
2010 $2,032,135,192 $2,717,827,465 $38,443,907,042 $45,147,473,284
2011 $2,235,820,809 $2,827,426,576 $39,927,125,962 $45,539,055,324
2012 $2,333,341,334 $2,953,153,932 $44,016,799,516 $46,707,037,069
2013 $2,451,606,632 $3,098,572,840 $46,880,103,081 $48,494,923,363
2014 $2,705,783,330 $3,229,972,475 $48,095,213,747 $49,699,566,407
2015 $3,104,003,546 $3,104,003,546 $49,929,337,837 $49,929,337,837
2016 $2,644,487,777 $3,085,379,497 $51,147,308,774 $50,705,514,063
2017 $2,723,586,963 $3,100,806,433 $53,027,680,686 $51,163,399,288
2018 $2,667,182,200 $3,150,727,414 $54,901,519,156 $50,199,119,756
2019 $2,576,518,880 $3,207,836,407 $51,605,959,131 $46,727,888,411
2020 $2,649,680,261 $3,218,331,065 $31,712,128,254 $36,728,167,163
2021 $2,775,798,697 $3,318,099,328 $23,131,941,557 $34,156,740,537
2022 $3,338,722,828 $3,379,450,966 $20,992,421,949 $33,944,395,264
2023 $2,629,391,600 $3,469,531,570 $20,078,620,357 $33,686,219,465
2024 $2,162,378,759 $3,590,591,567 - -

Economic indicators

Burundi Lebanon
Gross domestic product
$2.16B
2024
$20.1B
2023
GDP rank
177/197
2024
128/197
2023
GDP growth
-17.8%
2023-2024
-4.35%
2022-2023
GDP per capita
$153.9
2024
$3,478
2023
GDP per capita rank
197/197
2024
135/197
2023
GDP per capita, PPP
$950
2024
$12,575
2023
Government debt
$934M
2024
$38.6B
2023
Debt-to-GDP ratio
35.3%
2025
149.1%
2025
Government debt per person
$66.5
2024
$6,680
2023
Government debt per person rank
184/185
2024
70/185
2023
Average annual personal income after taxes
$1,071
2025
$3,779
2025
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
29.9%
2020
25.1%
2022
Income share by poorest 10%
2.9%
2020
2.8%
2022
Government expenditure, % of GDP
23.5%
2025
18.3%
2025
Consumer prices inflation
20.2%
2023-2024
45.2%
2023-2024
Central bank interest rate n/a
20%
2023
Unemployment rate
1.03%
2020
11.3%
2019
Population
14662443
5888008

GDP per capita in Burundi vs Lebanon

Burundi's GDP per capita is $153.9, ranking 197/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 197th at $950, while Lebanon ranks 121st at $12,575.

Burundi
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
Year Current $
Burundi Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $70.9 - - -
1961 $71.6 - - -
1962 $73.4 - - -
1963 $78.4 - - -
1964 $85.3 - - -
1965 $50.6 - - -
1966 $51.4 - - -
1967 $54 - - -
1968 $54.2 - - -
1969 $55.1 - - -
1970 $68.8 - - -
1971 $69.9 - - -
1972 $68.2 - - -
1973 $84.3 - - -
1974 $93.2 - - -
1975 $110.9 - - -
1976 $115.5 - - -
1977 $137.4 - - -
1978 $148.8 - - -
1979 $186.2 - - -
1980 $209.8 - - -
1981 $212.2 - - -
1982 $216.4 - - -
1983 $225.2 - - -
1984 $200.4 - - -
1985 $228.4 - - -
1986 $234.3 - - -
1987 $215.6 - - -
1988 $201.7 - $959 -
1989 $203.6 - $771 -
1990 $202.6 $598 $790 $2,990
1991 $204.7 $636 $1,278 $4,527
1992 $184.9 $640 $1,559 $5,279
1993 $165.3 $634 $2,079 $5,871
1994 $161.9 $618 $2,468 $6,367
1995 $164.9 $548 $2,959 $6,796
1996 $143.2 $513 $3,393 $7,560
1997 $160.3 $513 $3,834 $7,632
1998 $144.5 $533 $4,125 $7,861
1999 $127.5 $523 $4,087 $7,793
2000 $134.5 $519 $3,987 $7,938
2001 $132.2 $528 $4,010 $8,289
2002 $121 $545 $4,291 $8,586
2003 $111.4 $532 $4,438 $8,914
2004 $125.2 $551 $4,601 $9,609
2005 $147.2 $553 $4,602 $10,020
2006 $161.9 $580 $4,635 $10,312
2007 $166.2 $593 $5,125 $11,356
2008 $189.5 $609 $5,912 $12,416
2009 $199.1 $604 $7,091 $13,586
2010 $216.7 $614 $7,626 $14,704
2011 $230.1 $629 $7,835 $14,975
2012 $231.7 $639 $8,407 $16,121
2013 $234.8 $687 $8,162 $16,316
2014 $250.5 $724 $7,578 $16,140
2015 $281 $797 $7,714 $17,046
2016 $235.3 $772 $8,089 $18,941
2017 $236.7 $761 $8,608 $20,964
2018 $224.9 $753 $9,175 $21,985
2019 $210.2 $779 $8,906 $21,710
2020 $210 $787 $5,561 $16,260
2021 $214.1 $837 $4,045 $11,600
2022 $250.6 $889 $3,654 $12,293
2023 $192.1 $920 $3,478 $12,575
2024 $153.9 $950 - -

Spending and national debt comparison

In 2024, Burundi's government spending was $490M, accounting for 23.5% of its GDP, while Lebanon's spent $2.67B, or 18.3% of GDP.

Debt-to-GDP ratio is 35.3% in Burundi and 149.1% in Lebanon, ranking 147/185 and 6/185, respectively.

Burundi
Government spending

Government debt
Lebanon
Government spending

Government debt
Year % of GDP
Burundi Lebanon
Government spending Government debt Government spending Government debt
1990 20.3% - 40% 99.7%
1991 22.4% - 35.6% 67.1%
1992 30.4% 93.5% 36.1% 51.7%
1993 28% 112% 23% 50.5%
1994 22.6% 119.6% 47.3% 71.5%
1995 25.7% 117.1% 31.1% 79.6%
1996 28.4% 139.4% 43.6% 101.2%
1997 21.9% 122.8% 40.5% 100.2%
1998 23.2% 138.9% 34.7% 108.2%
1999 23.6% 140.6% 35.6% 130.2%
2000 24.6% 136.4% 42.8% 148.1%
2001 25.4% 127.4% 38.9% 163.1%
2002 24.1% 159.1% 36.8% 163.1%
2003 36.5% 172% 36.4% 171.3%
2004 40.8% 172.7% 33.3% 169.5%
2005 33.1% 137% 31.4% 178.9%
2006 36.5% 130.3% 36.1% 183.3%
2007 39% 129.6% 35.2% 169.3%
2008 41.2% 102.5% 34.3% 161.5%
2009 38% 25.7% 32.1% 144.5%
2010 40.8% 46.9% 29.2% 136.8%
2011 42.2% 42.7% 28.8% 134.4%
2012 37.5% 41.4% 30.2% 131.1%
2013 34.8% 37.9% 28.9% 135.4%
2014 28.5% 38% 28.8% 138.4%
2015 23.2% 39.9% 26.7% 140.8%
2016 22.6% 46.1% 28.3% 146.4%
2017 24.1% 46.9% 30.6% 150%
2018 26% 53% 32.3% 155.1%
2019 28.8% 60.1% 31.3% 172.1%
2020 29.4% 65.9% 23% 148.7%
2021 30.3% 66.5% 10.2% 361%
2022 33.5% 68.3% 12.2% 246.5%
2023 28.3% 47.2% 13.3% 192.1%
2024 22.7% 43.2% 16.1% 164.1%
2025 23.5% 35.3% 18.3% 149.1%

Government deficit by year

In 2023, Burundi's government deficit, the difference between spending and revenue, was -$196M, equivalent to -7.45% of GDP. This compares to Lebanon's deficit of -$21.1M, or -0.11% of GDP.

Over the past 34 years, Burundi recorded a fiscal deficit in 32 of those years, while Lebanon ran a deficit in 34 years. On average, Burundi posted an annual deficit equal to -5.46% of GDP, compared to deficit of -12.9% of GDP for Lebanon.

Deficit/surplus
Burundi

Lebanon
Year Deficit/surplus, % of GDP
Burundi Lebanon
1990 9.47% -30.2%
1991 4.82% -19.5%
1992 -4.85% -24%
1993 -1.42% -7.19%
1994 -2.05% -29.1%
1995 -4.33% -13.6%
1996 -10% -25.7%
1997 -5.22% -24.5%
1998 -5.16% -17.3%
1999 -6.14% -16.7%
2000 -6.43% -23.9%
2001 -8.72% -21%
2002 -5.38% -16.2%
2003 -14.7% -14%
2004 -15.5% -9.83%
2005 -10.6% -8.57%
2006 -9.92% -10.6%
2007 -2.51% -10.9%
2008 -2.7% -9.86%
2009 -5.14% -8.1%
2010 -3.64% -7.47%
2011 -3.49% -5.94%
2012 -3.79% -8.43%
2013 -1.9% -8.82%
2014 -3.93% -6.22%
2015 -7.56% -7.48%
2016 -7.11% -8.88%
2017 -5.01% -8.65%
2018 -6.66% -11.3%
2019 -6.4% -10.5%
2020 -6.33% -7.15%
2021 -5.24% -1.98%
2022 -10.6% -6.5%
2023 -7.45% -0.11%
2024 -5.02% 0.36%
2025 -6.55% 0.01%

Inflation comparison by year

Over the past 29 years, Burundi has recorded an average annual inflation rate of 11.6%, compared with 26% in Lebanon. In 2024, inflation was 20.2% in Burundi and 45.2% in Lebanon.

Inflation
Burundi

Lebanon
Year Inflation
Burundi Lebanon Burundi Lebanon
1996 26.4% 8.9%
1997 31.1% 7.7%
1998 12.5% 4.5%
1999 3.39% 0.2%
2000 24.4% -0.4%
2001 9.3% -0.4%
2002 -1.37% 1.8%
2003 10.6% 1.3%
2004 8.18% 1.7%
2005 13.3% -1.4%
2006 2.75% 4.1%
2007 8.41% 4.1%
2008 24.4% 10.7%
2009 10.6% 1.2%
2010 6.49% 4%
2011 9.59% 5%
2012 18.2% 6.6%
2013 7.94% 5.6%
2014 4.41% 1.1%
2015 5.54% -3.8%
2016 5.56% -0.8%
2017 16.1% 4.5%
2018 -2.81% 6.1%
2019 -0.69% 2.9%
2020 7.32% 84.9%
2021 8.4% 154.8%
2022 18.8% 171.2%
2023 26.9% 221.3%
2024 20.2% 45.2%

Top exports between countries

Burundi
Export category Export value
Lebanon
Export category Export value
Processed food, beverages & tobacco $167K
Wood & paper products $92K
Machinery & equipment $79K
Metals $62K
Chemicals & pharma $41K
Raw materials & minerals $10K
Textiles & consumer goods $10K

Balance of trade

Burundi Lebanon
Current account balance
-$626M
2023
-$5.64B
2023
Current account balance ranking
107/189
2023
168/189
2023
Current account balance, % of GDP
-23.8%
2023
-28.1%
2023
Goods imports
$1.07B
2023
$16.7B
2023
Goods exports
$259M
2023
$3.85B
2023
Service imports
$365M
2023
$6.63B
2023
Service exports
$119M
2023
$7.92B
2023
Imports of goods and services, % of GDP
24.4%
2023
73.7%
2023
Exports of goods and services, % of GDP
5.29%
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.

Burundi Lebanon
Economic freedom 39.7 44.1
Economic freedom ranking 187/197 181/197
Property rights 28.6 22.3
Government integrity 14.2 24.5
Judicial effectiveness 7.4 22.6
Tax burden 76.1 90.3
Government spending 71.1 95.6
Fiscal health 12.2 63.6
Business freedom 31.9 47.8
Labor freedom 50 57.1
Monetary freedom 54.4 0
Trade freedom 50.8 65.4
Investment freedom 50 20
Financial freedom 30 20

Economic freedom by year comparison

The Economic Freedom Index for Burundi is 39.7, ranking 187/197, compared to 44.1 for Lebanon, ranking 181/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Burundi
Lebanon
Year Economic freedom index
Burundi Lebanon
1996 - 63.2
1997 45.4 63.9
1998 44.7 59
1999 41.1 59.1
2000 42.6 56.1
2001 - 61
2002 - 57.1
2003 - 56.7
2004 - 56.9
2005 - 57.2
2006 48.7 57.5
2007 46.9 60.4
2008 46.2 60
2009 48.8 58.1
2010 47.5 59.5
2011 49.6 60.1
2012 48.1 60.1
2013 49 59.5
2014 51.4 59.4
2015 53.7 59.3
2016 53.9 59.5
2017 53.2 53.3
2018 50.9 53.2
2019 48.9 51.1
2020 49 51.7
2021 49.9 51.4
2022 39.4 47.3
2023 41.9 45.6
2024 38.4 48.3
2025 39.7 44.1

More economic indicators

Burundi Lebanon
Services, % of GDP
49%
2023
42.4%
2023
Industry, % of GDP
9.63%
2023
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
25.3%
2023
0.97%
2023
GNI, Atlas method
$2.71B
2024
$21.6B
2023
GNI per capita, PPP
$950
2024
$12,530
2023
Total reserves including gold
$90.3M
2023
$33.3B
2024
Total reserves ranking
174/177
2023
54/177
2024
Net foreign direct investment
-$33M
2023
-$583M
2023
Net inflows of foreign direct investment
$31.7M
2024
$1.84B
2024
Net outflows of foreign direct investment
$8.55M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
1.68%
2023
21.8%
2023
Poverty at national poverty lines
51%
2020
27.4%
2012
Gross capital formation, % of GDP
13.1%
2023
1.9%
2023

GDP per capita map

GDP per capita

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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.