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Economy of Cayman Islands vs Lebanon compared: GDP & Debt

Updated on by Georank team

The Cayman Islands has a GDP of $7.24B compared to $20.1B for Lebanon, ranking 158/197 and 128/197 by economy size, respectively.

Cayman Islands vs Lebanon GDP by year

Cayman Islands
Lebanon
1x
Year GDP, current $
Cayman Islands Lebanon
2023 $7,241,244,269 $20,078,620,357
2022 $6,660,161,212 $20,992,421,949
2021 $6,060,813,808 $23,131,941,557
2020 $5,655,357,984 $31,712,128,254
2019 $5,941,896,600 $51,605,959,131
2018 $5,530,178,499 $54,901,519,156
2017 $5,166,281,293 $53,027,680,686
2016 $4,909,322,200 $51,147,308,774
2015 $4,708,167,255 $49,929,337,837
2014 $4,562,853,582 $48,095,213,747
2013 $4,405,796,081 $46,880,103,081
2012 $4,291,004,486 $44,016,799,516
2011 $4,186,073,160 $39,927,125,962
2010 $4,156,841,164 $38,443,907,042
2009 $4,281,714,618 $35,399,582,929
2008 $4,585,948,969 $29,118,916,105
2007 $4,466,278,031 $24,827,355,015
2006 $4,200,288,282 $22,022,709,851
2005 - $21,497,336,499
2004 - $21,159,827,992
2003 - $20,082,918,740
2002 - $19,152,238,806
2001 - $17,649,751,244
2000 - $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/cayman-islands/lebanon | CC BY

GDP per capita in Cayman Islands vs Lebanon by year

Cayman Islands
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cayman Islands Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2023 $99,144 $88,428 $3,478 $12,575
2022 $93,031 $82,296 $3,654 $12,293
2021 $86,450 $74,160 $4,045 $11,600
2020 $82,339 $66,119 $5,561 $16,260
2019 $88,254 $72,697 $8,906 $21,710
2018 $83,866 $71,812 $9,175 $21,985
2017 $80,054 $68,018 $8,608 $20,964
2016 $77,802 $65,680 $8,089 $18,941
2015 $76,379 $64,009 $7,714 $17,046
2014 $75,845 $63,561 $7,578 $16,140
2013 $75,114 $63,648 $8,162 $16,316
2012 $75,102 $64,727 $8,407 $16,121
2011 $75,281 $66,629 $7,835 $14,975
2010 $76,838 $66,325 $7,626 $14,704
2009 $81,374 $69,254 $7,091 $13,586
2008 $89,655 $76,297 $5,912 $12,416
2007 $89,888 $77,337 $5,125 $11,356
2006 $87,085 $75,191 $4,635 $10,312
2005 - - $4,602 $10,020
2004 - - $4,601 $9,609
2003 - - $4,438 $8,914
2002 - - $4,291 $8,586
2001 - - $4,010 $8,289
2000 - - $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/cayman-islands/lebanon | CC BY

The Cayman Islands' GDP per capita is $99,144, ranking 6/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), the Cayman Islands ranks 10th at $88,428, while Lebanon ranks 123rd at $12,575.

Economic indicators

Cayman Islands Lebanon
Gross domestic product
$7.24B
2023
$20.1B
2023
GDP rank
158/197
2023
128/197
2023
GDP growth
5.82%
2022-2023
-0.76%
2022-2023
GDP per capita
$99,144
2023
$3,478
2023
GDP per capita rank
6/197
2023
135/197
2023
GDP per capita, PPP
$88,428
2023
$12,575
2023
GDP per capita PPP rank
10/197
2023
123/197
2023
Government debt n/a
$38.7B
2023
Debt-to-GDP ratio n/a
163.8%
2024
Government debt per person n/a
$6,704
2023
Government debt per person rank n/a
70/185
2023
Average annual personal income after taxes
$93,253
2026
$3,560
2026
Market capitalization of domestic companies
$644M
2020
$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
14%
2025
16.5%
2024
Consumer prices inflation
-0.63%
2015-2016
45.2%
2023-2024
Central bank interest rate n/a
20%
2023
Unemployment rate
4.24%
2015
11.3%
2019
Population
77619
5906622

Inflation comparison by year

Inflation
Cayman Islands

Lebanon
1x
Year Consumer prices inflation
Cayman Islands Lebanon
2024 - 45.2%
2023 - 221.3%
2022 - 171.2%
2021 - 154.8%
2020 - 84.9%
2019 - 2.9%
2018 - 6.1%
2017 - 4.5%
2016 -0.63% -0.8%
2015 -2.35% -3.8%
2014 1.27% 1.1%
2013 2.16% 5.6%
2012 1.19% 6.6%
2011 1.33% 5%
2010 0.28% 4%
2009 - 1.2%
2008 - 10.7%
2007 - 4.1%
2006 - 4.1%
2005 - -1.4%
2004 - 1.7%
2003 - 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); World Bank | Economy & Growth (2010–2016, retrieved 2026-04-06).

GeoRank.org/economy/cayman-islands/lebanon | CC BY

Over the past 7 years, the Cayman Islands has recorded an average annual inflation rate of 0.46%, compared with 2.53% in Lebanon. In 2016, inflation was -0.63% in the Cayman Islands and 45.2% in Lebanon.

Top exports between countries

Cayman Islands
Export category Export value
Lebanon
Export category Export value
Textiles & consumer goods $122K
Metals $5K
Chemicals & pharma $2K
Machinery & equipment $1K

Balance of trade

Cayman Islands Lebanon
Current account balance
-$713M
2023
-$5.64B
2023
Current account balance ranking
116/190
2023
168/190
2023
Current account balance, % of GDP
-9.84%
2023
-28.1%
2023
Goods imports
$1.64B
2023
$16.7B
2023
Goods exports
$150M
2023
$3.85B
2023
Service imports
$1.8B
2023
$6.63B
2023
Service exports
$4.45B
2023
$7.92B
2023
Imports of goods and services, % of GDP
45.8%
2020
73.7%
2023
Exports of goods and services, % of GDP
59.6%
2020
30.6%
2023

Economic freedom indices

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

Cayman Islands Lebanon
Economic freedom 74 43.1
Economic freedom ranking 22/197 183/197
Property rights n/a 21.8
Government integrity n/a 23.4
Judicial effectiveness n/a 23.8
Tax burden n/a 90.3
Government spending n/a 93.3
Fiscal health n/a 63.4
Business freedom n/a 47.6
Labor freedom n/a 48.4
Monetary freedom n/a 0
Trade freedom n/a 65.6
Investment freedom n/a 20
Financial freedom n/a 20

Other economic metrics

Cayman Islands Lebanon
Services, % of GDP
86%
2023
42.4%
2023
Industry, % of GDP
7.84%
2023
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
0.42%
2023
0.97%
2023
GNI, Atlas method
$5.53B
2023
$21.4B
2023
GNI per capita, PPP
$68,030
2023
$12,420
2023
Total reserves including gold
$234M
2023
$33.3B
2024
Total reserves ranking
169/177
2023
54/177
2024
Net foreign direct investment
-$5.52B
2023
-$583M
2023
Net inflows of foreign direct investment
$35.9B
2024
$1.84B
2024
Net outflows of foreign direct investment
$27.2B
2024
$391M
2024
Servicing debt to the IMF, % of GNI n/a
22%
2023
Poverty at national poverty lines n/a
27.4%
2012
Gross capital formation, % of GDP n/a
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/cayman-islands/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.