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Economy of Colombia vs Lebanon compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $26B for Lebanon, ranking 37/197 and 121/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Colombia vs Lebanon GDP by year

Colombia
Lebanon
1x
Year GDP, current $
Colombia Lebanon
2025 $457,410,034,203 -
2024 $420,504,033,143 $25,971,643,441
2023 $366,901,643,683 $20,078,620,357
2022 $345,632,492,851 $20,992,421,949
2021 $318,524,633,225 $23,131,941,557
2020 $270,348,342,541 $31,712,128,254
2019 $323,031,701,193 $51,605,959,131
2018 $334,198,218,098 $54,901,519,156
2017 $311,866,875,157 $53,027,680,686
2016 $282,720,100,286 $51,147,308,774
2015 $293,492,370,193 $49,929,337,837
2014 $381,240,864,422 $48,095,213,747
2013 $382,093,697,078 $46,880,103,081
2012 $370,691,143,018 $44,016,799,516
2011 $334,966,134,805 $39,927,125,962
2010 $286,498,534,095 $38,443,907,042
2009 $232,468,663,110 $35,399,582,929
2008 $242,504,150,473 $29,118,916,105
2007 $206,229,540,926 $24,827,355,015
2006 $161,792,958,905 $22,022,709,851
2005 $145,600,529,606 $21,497,336,499
2004 $117,092,416,666 $21,159,827,992
2003 $94,644,969,157 $20,082,918,740
2002 $97,945,812,803 $19,152,238,806
2001 $98,200,641,203 $17,649,751,244
2000 $99,875,074,951 $17,260,364,842
1999 $86,186,158,685 $17,391,056,369
1998 $98,443,739,941 $17,247,179,006
1997 $106,659,508,271 $15,751,867,489
1996 $97,160,109,278 $13,690,217,334
1995 $92,507,279,383 $11,718,795,529
1994 $81,703,500,846 $9,599,127,050
1993 $66,446,804,803 $7,941,744,492
1992 $58,418,985,443 $5,843,579,161
1991 $49,175,565,911 $4,690,415,093
1990 $47,844,090,710 $2,838,485,354
1989 $39,540,080,200 $2,717,998,688
1988 $39,212,550,050 $3,313,540,068
1987 $36,373,307,085 -
1986 $34,942,489,684 -
1985 $34,894,411,352 -
1984 $38,253,120,738 -
1983 $38,729,822,782 -
1982 $38,968,039,722 -
1981 $36,388,366,869 -
1980 $33,400,735,644 -
1979 $27,940,411,250 -
1978 $23,263,511,958 -
1977 $19,470,960,619 -
1976 $15,341,403,660 -
1975 $13,098,633,902 -
1974 $12,370,029,584 -
1973 $10,315,760,000 -
1972 $8,671,358,733 -
1971 $7,820,380,971 -
1970 $7,198,360,460 -
1969 $6,450,175,214 -
1968 $5,960,212,869 -
1967 $5,825,170,438 -
1966 $5,428,518,519 -
1965 $5,760,761,905 -
1964 $5,973,366,667 -
1963 $4,836,166,667 -
1962 $4,955,543,963 -
1961 $4,540,447,761 -
1960 $4,031,152,977 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Colombia vs Lebanon by year

Colombia
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - - -
2024 $7,951 $22,349 $4,473 -
2023 $7,012 $21,246 $3,478 $12,575
2022 $6,680 $20,854 $3,654 $12,293
2021 $6,223 $17,383 $4,045 $11,600
2020 $5,340 $15,519 $5,561 $16,260
2019 $6,473 $16,182 $8,906 $21,710
2018 $6,817 $15,239 $9,175 $21,985
2017 $6,480 $14,401 $8,608 $20,964
2016 $5,960 $14,027 $8,089 $18,941
2015 $6,249 $13,332 $7,714 $17,046
2014 $8,187 $13,355 $7,578 $16,140
2013 $8,279 $12,780 $8,162 $16,316
2012 $8,109 $12,093 $8,407 $16,121
2011 $7,401 $11,707 $7,835 $14,975
2010 $6,398 $10,841 $7,626 $14,704
2009 $5,251 $10,367 $7,091 $13,586
2008 $5,542 $10,307 $5,912 $12,416
2007 $4,770 $9,909 $5,125 $11,356
2006 $3,790 $9,154 $4,635 $10,312
2005 $3,456 $8,432 $4,602 $10,020
2004 $2,819 $7,909 $4,601 $9,609
2003 $2,312 $7,420 $4,438 $8,914
2002 $2,429 $7,109 $4,291 $8,586
2001 $2,473 $6,935 $4,010 $8,289
2000 $2,555 $6,776 $3,987 $7,938
1999 $2,241 $6,544 $4,087 $7,793
1998 $2,605 $6,854 $4,125 $7,861
1997 $2,873 $6,861 $3,834 $7,632
1996 $2,665 $6,639 $3,393 $7,560
1995 $2,584 $6,506 $2,959 $6,796
1994 $2,326 $6,174 $2,468 $6,367
1993 $1,929 $5,826 $2,079 $5,871
1992 $1,730 $5,509 $1,559 $5,279
1991 $1,486 $5,281 $1,278 $4,527
1990 $1,475 $5,109 $790 $2,990
1989 $1,244 - $771 -
1988 $1,260 - $959 -
1987 $1,193 - - -
1986 $1,169 - - -
1985 $1,192 - - -
1984 $1,336 - - -
1983 $1,384 - - -
1982 $1,425 - - -
1981 $1,362 - - -
1980 $1,280 - - -
1979 $1,095 - - -
1978 $932 - - -
1977 $798 - - -
1976 $643 - - -
1975 $561 - - -
1974 $542 - - -
1973 $462 - - -
1972 $397 - - -
1971 $367 - - -
1970 $346 - - -
1969 $318 - - -
1968 $302 - - -
1967 $303 - - -
1966 $290.3 - - -
1965 $317 - - -
1964 $339 - - -
1963 $282.6 - - -
1962 $298.5 - - -
1961 $282.1 - - -
1960 $258.3 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Lebanon ranks 123rd at $12,575.

Economic indicators

Colombia Lebanon
Gross domestic product
$457B
2025
$26B
2024
GDP rank
37/197
2025
121/197
2024
GDP growth
2.64%
2024-2025
-7.08%
2023-2024
GDP per capita
$8,562
2025
$4,473
2024
GDP per capita rank
94/197
2025
129/197
2024
GDP per capita, PPP
$22,349
2024
$12,575
2023
GDP per capita PPP rank
87/197
2024
123/197
2023
Government debt
$274B
2025
$41B
2024
Debt-to-GDP ratio
59.9%
2025
139.4%
2025
Government debt per person
$5,126
2025
$7,061
2024
Government debt per person rank
85/185
2025
71/185
2024
Average annual personal income after taxes
$6,463
2026
$3,055
2026
Market capitalization of domestic companies
$133B
2025
$10.6B
2021
Number of billionaires
4
2026
6
2026
Income share by richest 10%
42.7%
2024
25.6%
2022
Income share by poorest 10%
1%
2024
2.8%
2022
Government expenditure, % of GDP
33.2%
2025
15.5%
2025
Consumer prices inflation
5.14%
2024-2025
14.6%
2024-2025
Central bank interest rate
11.3%
2026
20%
2023
Unemployment rate
8.43%
2025
11.3%
2019
Population
54209462
5921719

Spending and national debt comparison by year

Colombia
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Colombia Lebanon
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 15.5% 139.4%
2024 34.4% 61% 15.3% 157.9%
2023 35.1% 55.4% 14.3% 185.8%
2022 34.1% 61.3% 12.9% 235.9%
2021 34.5% 64.4% 10.5% 346%
2020 33.7% 65.3% 24.5% 157.2%
2019 32.9% 51% 31.3% 171.9%
2018 34.7% 51.8% 32.1% 154%
2017 29.3% 49.4% 30.7% 150.4%
2016 30% 49.9% 28.6% 147.9%
2015 31.3% 50.4% 26.7% 140.9%
2014 31.3% 43.3% 28.9% 138.5%
2013 30% 37.6% 28.9% 135.4%
2012 29.1% 34% 30.2% 131.1%
2011 30.2% 35.8% 28.8% 134.4%
2010 30.4% 36.5% 29.2% 136.8%
2009 30.9% 35.4% 32.1% 144.5%
2008 28.4% 32.4% 34.3% 161.5%
2007 28.2% 32.7% 35.2% 169.3%
2006 28.4% 36% 36.1% 183.3%
2005 25.9% 38.5% 31.4% 178.9%
2004 26.6% 41.5% 33.3% 169.5%
2003 28% 45% 36.4% 171.3%
2002 28.1% 47.5% 36.8% 163.1%
2001 27.5% 41.1% 38.9% 163.1%
2000 26.6% 38% 42.8% 148.1%
1999 28.3% 34% 35.6% 130.2%
1998 26.3% 27.5% 34.7% 108.2%
1997 26.2% 25.3% 40.5% 100.2%
1996 25.1% 23.3% 43.6% 101.2%
1995 22.2% 13.8% 31.1% 79.6%
1994 20.6% 12.5% 47.3% 71.5%
1993 20% 14.2% 23% 50.5%
1992 18.4% 16.1% 36.1% 51.7%
1991 17.7% 14.5% 35.6% 67.1%
1990 17.4% 16.7% 40% 99.7%
1989 10.3% 17.3% - -
1988 10.3% 17.9% - -
1987 9.7% 18.9% - -
1986 9.8% 20.2% - -
1985 10.5% 19.3% - -
1984 10.3% 15.5% - -
1983 10.2% 10.8% - -
1982 10.6% 8.8% - -
1981 9.9% 8.5% - -
1980 9.6% 8% - -
1979 8.6% 7.7% - -
1978 8.1% 7.6% - -
1977 7.7% 9.2% - -
1976 8% 12.2% - -
1975 9.4% 14.6% - -
1974 8.8% 15.9% - -
1973 9.4% 16.3% - -
1972 10.3% 16.9% - -
1971 10.3% 16.2% - -
1970 10% 16.7% - -
1969 9.2% 17% - -
1968 8.9% 16.2% - -
1967 8.2% 15.8% - -
1966 8% 15.3% - -
1965 7% 15.2% - -
1964 8.1% 13.1% - -
1963 8.6% 13.9% - -
1962 7.8% 14.8% - -
1961 8.6% 8.7% - -
1960 6.7% 7.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 139.4% in Lebanon, ranking 78/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Lebanon
1x
Year Deficit/surplus, % of GDP
Colombia Lebanon
2025 -5.75% 3.25%
2024 -6.04% 0.39%
2023 -2.92% -1.64%
2022 -6.36% -7.49%
2021 -7.28% -2.57%
2020 -7.12% -7.79%
2019 -3.48% -10.5%
2018 -4.67% -11.2%
2017 -2.5% -8.68%
2016 -2.27% -8.98%
2015 -3.52% -7.49%
2014 -1.74% -6.22%
2013 -1.02% -8.83%
2012 0.15% -8.43%
2011 -1.99% -5.94%
2010 -3.3% -7.47%
2009 -2.67% -8.1%
2008 0.04% -9.86%
2007 -0.82% -10.9%
2006 -0.99% -10.6%
2005 -0.02% -8.57%
2004 -1.31% -9.83%
2003 -2.7% -14%
2002 -3.45% -16.2%
2001 -2.71% -21%
2000 -2.94% -23.9%
1999 -5.37% -16.7%
1998 -3.86% -17.3%
1997 -3.23% -24.5%
1996 -2.49% -25.7%
1995 -1% -13.6%
1994 -0.14% -29.1%
1993 -0.24% -7.19%
1992 -0.07% -24%
1991 0.35% -19.5%
1990 -0.41% -30.2%
1989 -1.4% -
1988 -1.3% -
1987 -0.4% -
1986 -1.4% -
1985 -2.4% -
1984 -3.3% -
1983 -3.1% -
1982 -3.6% -
1981 -2.8% -
1980 -2.2% -
1979 -0.7% -
1978 0.3% -
1977 0.5% -
1976 0.6% -
1975 -0.5% -
1974 -1.2% -
1973 -1.1% -
1972 -1.7% -
1971 -1% -
1970 -0.7% -
1969 -0.5% -
1968 0% -
1967 -0.2% -
1966 0.1% -
1965 -0.6% -
1964 -1.1% -
1963 -1.7% -
1962 -1.6% -
1961 -1.5% -
1960 1.2% -
1959 2% -
1958 1.7% -
1957 1.4% -
1956 -0.2% -
1955 0.7% -
1954 1.3% -
1953 1.3% -
1952 1.6% -
1951 2.1% -
1950 0.9% -
1949 0.5% -
1948 -0.1% -
1947 0.2% -
1946 -0.5% -
1945 0.1% -
1944 -0.2% -
1943 -0.7% -
1942 -1.5% -
1941 0% -
1940 -1.5% -
1939 0.8% -
1938 0.5% -
1937 1.4% -
1936 1.1% -
1935 1.3% -
1934 0.2% -
1933 -0.4% -
1932 -0.8% -
1931 -0.2% -
1930 0.3% -
1929 0.4% -
1928 -0.4% -
1927 -0.6% -
1926 0% -
1925 1% -
1924 0.5% -
1923 0.3% -
1922 -0.7% -
1921 -1.6% -
1920 0.4% -
1919 -0.8% -
1918 -2.1% -
1917 -0.5% -
1916 0.2% -
1915 -0.2% -
1914 -0.5% -
1913 0.5% -
1912 -0.3% -
1911 -0.1% -
1910 -0.3% -
1909 -3.3% -
1908 -2.7% -
1907 -2.7% -
1906 0.2% -
1905 -0.9% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1905–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2024, Colombia's government deficit, the difference between spending and revenue, was $25.4B, equivalent to 6.04% of GDP. This compares to Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 35 years, Colombia recorded a fiscal deficit in 32 of those years, while Lebanon ran a deficit in 34 years. On average, Colombia posted an annual deficit equal to 2.52% of GDP, compared to deficit of 12.7% of GDP for Lebanon.

Inflation comparison by year

Inflation
Colombia

Lebanon
1x
Year Consumer prices inflation
Colombia Lebanon
2025 5.14% 14.6%
2024 6.61% 45.2%
2023 11.7% 221.3%
2022 10.2% 171.2%
2021 3.5% 154.8%
2020 2.53% 84.9%
2019 3.52% 2.9%
2018 3.24% 6.1%
2017 4.31% 4.4%
2016 7.51% -0.8%
2015 4.99% -3.7%
2014 2.9% 1.9%
2013 2.02% 4.8%
2012 3.17% 6.6%
2011 3.42% 5%
2010 2.27% 4%
2009 4.2% 1.2%
2008 7% 10.7%
2007 5.54% 4.1%
2006 4.29% 4.1%
2005 5.05% -1.4%
2004 5.9% 1.7%
2003 7.13% 1.3%
2002 6.35% 1.8%
2001 7.97% -0.4%
2000 9.23% -0.4%
1999 10.9% 0.2%
1998 18.7% 4.5%
1997 18.5% 7.7%

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

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

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 26.1% in Lebanon. In 2025, inflation was 5.14% in Colombia and 14.6% in Lebanon.

Top exports between countries

Colombia
Export category Export value
Animal & marine products $5.96M
Raw agricultural goods $4.03M
Processed food, beverages & tobacco $442K
Raw materials & minerals $137K
Wood & paper products $135K
Machinery & equipment $101K
Textiles & consumer goods $99K
Chemicals & pharma $80K
Metals $64K
Miscellaneous $15K
Lebanon
Export category Export value
Processed food, beverages & tobacco $480K
Textiles & consumer goods $273K
Raw agricultural goods $99K
Machinery & equipment $64K
Chemicals & pharma $49K
Wood & paper products $49K
Metals $12K
Miscellaneous $7K
Raw materials & minerals $4K
Animal & marine products $3K

Balance of trade

Colombia Lebanon
Current account balance
-$10.9B
2025
-$5.64B
2023
Current account balance ranking
176/190
2025
166/190
2023
Current account balance, % of GDP
-2.38%
2025
-28.1%
2023
Goods imports
$66.3B
2025
$16.7B
2023
Goods exports
$51.5B
2025
$3.85B
2023
Service imports
$19.6B
2025
$6.63B
2023
Service exports
$19.6B
2025
$7.92B
2023
Imports of goods and services, % of GDP
20.4%
2025
58.9%
2024
Exports of goods and services, % of GDP
15%
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.

Colombia Lebanon
Economic freedom 59.8 43.1
Economic freedom ranking 101/197 183/197
Property rights 43.1 21.8
Government integrity 41.6 23.4
Judicial effectiveness 57.4 23.8
Tax burden 68.6 90.3
Government spending 64 93.3
Fiscal health 49.8 63.4
Business freedom 71.2 47.6
Labor freedom 59.1 48.4
Monetary freedom 71.9 0
Trade freedom 71.4 65.6
Investment freedom 60 20
Financial freedom 60 20

Economic freedom comparison by year

Colombia
Lebanon
1x
Year Economic freedom index
Colombia Lebanon
2026 59.8 43.1
2025 59.8 44.1
2024 59.2 48.3
2023 63.1 45.6
2022 65.1 47.3
2021 68.1 51.4
2020 69.2 51.7
2019 67.3 51.1
2018 68.9 53.2
2017 69.7 53.3
2016 70.8 59.5
2015 71.7 59.3
2014 70.7 59.4
2013 69.6 59.5
2012 68 60.1
2011 68 60.1
2010 65.5 59.5
2009 62.3 58.1
2008 62.2 60
2007 59.9 60.4
2006 60.4 57.5
2005 59.6 57.2
2004 61.2 56.9
2003 64.2 56.7
2002 64.2 57.1
2001 65.6 61
2000 63.3 56.1
1999 65.3 59.1
1998 65.5 59
1997 66.4 63.9
1996 64.3 63.2
1995 64.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, 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

Colombia Lebanon
Services, % of GDP
58.5%
2025
35.7%
2024
Industry, % of GDP
21.8%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
1.05%
2024
GNI, Atlas method
$422B
2025
$20.7B
2024
GNI per capita, PPP
$22,250
2025
$11,790
2024
Total reserves including gold
$65.8B
2025
$33.3B
2024
Total reserves ranking
41/177
2025
56/177
2024
Net foreign direct investment
-$7.31B
2025
-$583M
2023
Net inflows of foreign direct investment
$13.7B
2024
$1.84B
2024
Net outflows of foreign direct investment
$4.51B
2024
$391M
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
9.68%
2024
Poverty at national poverty lines
31.8%
2024
27.4%
2012
Gross capital formation, % of GDP
16.7%
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/colombia/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1905–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, 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.