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Economy of Dominica vs Lebanon compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $26B for Lebanon, ranking 190/197 and 121/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Dominica vs Lebanon GDP by year

Dominica
Lebanon
1x
Year GDP, current $
Dominica Lebanon
2025 $723,859,259 -
2024 $688,881,481 $25,971,643,441
2023 $659,311,111 $20,078,620,357
2022 $623,062,963 $20,992,421,949
2021 $562,911,111 $23,131,941,557
2020 $528,944,444 $31,712,128,254
2019 $644,259,259 $51,605,959,131
2018 $628,244,444 $54,901,519,156
2017 $563,355,556 $53,027,680,686
2016 $612,711,111 $51,147,308,774
2015 $583,177,778 $49,929,337,837
2014 $572,255,556 $48,095,213,747
2013 $545,325,926 $46,880,103,081
2012 $520,355,556 $44,016,799,516
2011 $532,081,481 $39,927,125,962
2010 $519,859,259 $38,443,907,042
2009 $515,618,519 $35,399,582,929
2008 $480,003,704 $29,118,916,105
2007 $444,685,185 $24,827,355,015
2006 $416,674,074 $22,022,709,851
2005 $391,455,556 $21,497,336,499
2004 $396,711,111 $21,159,827,992
2003 $373,318,519 $20,082,918,740
2002 $375,200,000 $19,152,238,806
2001 $377,462,963 $17,649,751,244
2000 $333,470,370 $17,260,364,842
1999 $331,759,259 $17,391,056,369
1998 $322,411,111 $17,247,179,006
1997 $302,988,889 $15,751,867,489
1996 $292,285,185 $13,690,217,334
1995 $274,522,222 $11,718,795,529
1994 $264,374,074 $9,599,127,050
1993 $245,525,926 $7,941,744,492
1992 $234,059,259 $5,843,579,161
1991 $219,762,963 $4,690,415,093
1990 $201,429,630 $2,838,485,354
1989 $185,137,243 $2,717,998,688
1988 $171,106,184 $3,313,540,068
1987 $151,868,754 -
1986 $135,161,959 -
1985 $119,491,933 -
1984 $109,157,071 -
1983 $98,665,191 -
1982 $89,527,577 -
1981 $82,107,391 -
1980 $72,804,653 -
1979 $55,017,759 -
1978 $57,130,216 -
1977 $45,872,947 -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Dominica vs Lebanon by year

Dominica
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - - -
2024 $10,405 $21,301 $4,473 -
2023 $9,913 $20,286 $3,478 $12,575
2022 $9,324 $18,802 $3,654 $12,293
2021 $8,376 $15,809 $4,045 $11,600
2020 $7,828 $14,244 $5,561 $16,260
2019 $9,491 $16,021 $8,906 $21,710
2018 $9,215 $15,070 $9,175 $21,985
2017 $8,225 $12,696 $8,608 $20,964
2016 $8,803 $12,945 $8,089 $18,941
2015 $8,283 $12,093 $7,714 $17,046
2014 $8,132 $12,083 $7,578 $16,140
2013 $7,822 $11,286 $8,162 $16,316
2012 $7,529 $10,921 $8,407 $16,121
2011 $7,705 $11,123 $7,835 $14,975
2010 $7,550 $10,924 $7,626 $14,704
2009 $7,487 $10,804 $7,091 $13,586
2008 $6,971 $10,862 $5,912 $12,416
2007 $6,459 $9,949 $5,125 $11,356
2006 $6,056 $9,200 $4,635 $10,312
2005 $5,695 $8,557 $4,602 $10,020
2004 $5,779 $8,232 $4,601 $9,609
2003 $5,447 $7,714 $4,438 $8,914
2002 $5,488 $7,167 $4,291 $8,586
2001 $5,528 $7,291 $4,010 $8,289
2000 $4,867 $7,111 $3,987 $7,938
1999 $4,817 $6,759 $4,087 $7,793
1998 $4,664 $6,617 $4,125 $7,861
1997 $4,372 $6,290 $3,834 $7,632
1996 $4,211 $6,041 $3,393 $7,560
1995 $3,952 $5,749 $2,959 $6,796
1994 $3,805 $5,465 $2,468 $6,367
1993 $3,536 $5,352 $2,079 $5,871
1992 $3,376 $5,125 $1,559 $5,279
1991 $3,171 $4,914 $1,278 $4,527
1990 $2,893 $4,667 $790 $2,990
1989 $2,639 - $771 -
1988 $2,423 - $959 -
1987 $2,138 - - -
1986 $1,893 - - -
1985 $1,666 - - -
1984 $1,515 - - -
1983 $1,363 - - -
1982 $1,232 - - -
1981 $1,125 - - -
1980 $996 - - -
1979 $754 - - -
1978 $786 - - -
1977 $634 - - -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Lebanon ranks 123rd at $12,575.

Economic indicators

Dominica Lebanon
Gross domestic product
$724M
2025
$26B
2024
GDP rank
190/197
2025
121/197
2024
GDP growth
3.05%
2024-2025
-7.08%
2023-2024
GDP per capita
$10,989
2025
$4,473
2024
GDP per capita rank
84/197
2025
129/197
2024
GDP per capita, PPP
$21,301
2024
$12,575
2023
GDP per capita PPP rank
91/197
2024
123/197
2023
Government debt
$743M
2025
$41B
2024
Debt-to-GDP ratio
102.6%
2025
139.4%
2025
Government debt per person
$11,275
2025
$7,061
2024
Government debt per person rank
54/185
2025
71/185
2024
Average annual personal income after taxes
$6,105
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% n/a
25.6%
2022
Income share by poorest 10% n/a
2.8%
2022
Government expenditure, % of GDP
55.4%
2025
15.5%
2025
Consumer prices inflation
2.53%
2024-2025
14.6%
2024-2025
Central bank interest rate n/a
20%
2023
Unemployment rate
11%
2001
11.3%
2019
Population
65501
5921719

Spending and national debt comparison by year

Dominica
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Dominica Lebanon
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 15.5% 139.4%
2024 67.4% 108.2% 15.3% 157.9%
2023 64.8% 101.3% 14.3% 185.8%
2022 69.7% 110% 12.9% 235.9%
2021 67% 116.3% 10.5% 346%
2020 66.8% 118.4% 24.5% 157.2%
2019 48.3% 97.8% 31.3% 171.9%
2018 63.4% 85.7% 32.1% 154%
2017 54% 84.2% 30.7% 150.4%
2016 48% 76.9% 28.6% 147.9%
2015 32.4% 68.2% 26.7% 140.9%
2014 32.7% 71.3% 28.9% 138.5%
2013 33.4% 73.9% 28.9% 135.4%
2012 36.2% 73.1% 30.2% 131.1%
2011 35.2% 69.7% 28.8% 134.4%
2010 39.4% 66.8% 29.2% 136.8%
2009 35.9% 62.5% 32.1% 144.5%
2008 34.7% 64.4% 34.3% 161.5%
2007 34.1% 71.8% 35.2% 169.3%
2006 29.7% 77.4% 36.1% 183.3%
2005 31% 82% 31.4% 178.9%
2004 30.2% 86.2% 33.3% 169.5%
2003 30.1% 94.9% 36.4% 171.3%
2002 28.6% 97.9% 36.8% 163.1%
2001 29.6% 98.5% 38.9% 163.1%
2000 38.5% 68.9% 42.8% 148.1%
1999 35.2% 61.8% 35.6% 130.2%
1998 33% 56.3% 34.7% 108.2%
1997 28.2% 47.7% 40.5% 100.2%
1996 28.5% 53.7% 43.6% 101.2%
1995 28.8% 57.4% 31.1% 79.6%
1994 27.2% 55.9% 47.3% 71.5%
1993 25.2% 53.4% 23% 50.5%
1992 27.4% 54% 36.1% 51.7%
1991 29% 56.9% 35.6% 67.1%
1990 31.5% 54.1% 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/dominica/lebanon | CC BY

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 139.4% in Lebanon, ranking 20/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Lebanon
1x
Year Deficit/surplus, % of GDP
Dominica Lebanon
2025 -1.35% 3.25%
2024 -6.75% 0.39%
2023 -4.52% -1.64%
2022 -7.18% -7.49%
2021 -8.22% -2.57%
2020 -7.53% -7.79%
2019 -8.72% -10.5%
2018 -17.2% -11.2%
2017 -3.27% -8.68%
2016 11.6% -8.98%
2015 11.4% -7.49%
2014 -5.54% -6.22%
2013 -2.88% -8.83%
2012 -5.41% -8.43%
2011 -4.4% -5.94%
2010 -3.38% -7.47%
2009 -0.31% -8.1%
2008 0.7% -9.86%
2007 1.8% -10.9%
2006 2.93% -10.6%
2005 0.95% -8.57%
2004 -0.67% -9.83%
2003 0.85% -14%
2002 -4.07% -16.2%
2001 -6.54% -21%
2000 -8.66% -23.9%
1999 -9.18% -16.7%
1998 -5.99% -17.3%
1997 -2.24% -24.5%
1996 -1.59% -25.7%
1995 -2.88% -13.6%
1994 -3.35% -29.1%
1993 -1.41% -7.19%
1992 -2.22% -24%
1991 -2.99% -19.5%
1990 -4.66% -30.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2024, Dominica's government deficit, the difference between spending and revenue, was $46.5M, equivalent to 6.75% of GDP. This compares to Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 35 years, Dominica recorded a fiscal deficit in 28 of those years, while Lebanon ran a deficit in 34 years. On average, Dominica posted an annual deficit equal to 3.19% of GDP, compared to deficit of 12.7% of GDP for Lebanon.

Inflation comparison by year

Inflation
Dominica

Lebanon
1x
Year Consumer prices inflation
Dominica Lebanon
2025 2.53% 14.6%
2024 2.74% 45.2%
2023 5.09% 221.3%
2022 2.88% 171.2%
2021 2.23% 154.8%
2020 1.22% 84.9%
2019 1.5% 2.9%
2018 0.99% 6.1%
2017 0.3% 4.4%
2016 0.14% -0.8%
2015 -0.84% -3.7%
2014 0.8% 1.9%
2013 -0.05% 4.8%
2012 1.36% 6.6%
2011 1.13% 5%
2010 3% 4%
2009 0.006% 1.2%
2008 6.36% 10.7%
2007 3.63% 4.1%
2006 2.2% 4.1%
2005 1.68% -1.4%
2004 2.39% 1.7%
2003 1.45% 1.3%
2002 0.17% 1.8%
2001 1.3% -0.4%
2000 0.86% -0.4%
1999 1.18% 0.2%
1998 1% 4.5%
1997 2.44% 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/dominica/lebanon | CC BY

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 26.1% in Lebanon. In 2025, inflation was 2.53% in Dominica and 14.6% in Lebanon.

Top exports between countries

Dominica
Export category Export value
Lebanon
Export category Export value
Machinery & equipment $70K
Processed food, beverages & tobacco $45K
Textiles & consumer goods $33K
Metals $25K
Miscellaneous $11K
Wood & paper products $10K
Raw agricultural goods $8K
Chemicals & pharma $3K

Balance of trade

Dominica Lebanon
Current account balance
-$275M
2025
-$5.64B
2023
Current account balance ranking
94/190
2025
166/190
2023
Current account balance, % of GDP
-38%
2025
-28.1%
2023
Goods imports
$275M
2025
$16.7B
2023
Goods exports
$29.8M
2025
$3.85B
2023
Service imports
$208M
2025
$6.63B
2023
Service exports
$181M
2025
$7.92B
2023
Imports of goods and services, % of GDP n/a
58.9%
2024
Exports of goods and services, % of GDP
8.5%
2026
23.3%
2024

Economic freedom indices

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

Dominica Lebanon
Economic freedom 56.1 43.1
Economic freedom ranking 124/197 183/197
Property rights 65.8 21.8
Government integrity 61.2 23.4
Judicial effectiveness 77.3 23.8
Tax burden 76.1 90.3
Government spending 0 93.3
Fiscal health 45.6 63.4
Business freedom 66.2 47.6
Labor freedom 49.8 48.4
Monetary freedom 77.7 0
Trade freedom 53.2 65.6
Investment freedom 60 20
Financial freedom 40 20

Economic freedom comparison by year

Dominica
Lebanon
1x
Year Economic freedom index
Dominica Lebanon
2026 56.1 43.1
2025 55.3 44.1
2024 54 48.3
2023 59.7 45.6
2022 54.4 47.3
2021 53 51.4
2020 60.8 51.7
2019 63.6 51.1
2018 64.5 53.2
2017 63.7 53.3
2016 67 59.5
2015 66.1 59.3
2014 65.2 59.4
2013 63.9 59.5
2012 61.6 60.1
2011 63.3 60.1
2010 63.2 59.5
2009 62.6 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 2026-07-08).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, 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

Dominica Lebanon
Services, % of GDP
57.2%
2025
35.7%
2024
Industry, % of GDP
14.1%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
1.05%
2024
GNI, Atlas method
$704M
2025
$20.7B
2024
GNI per capita, PPP
$22,130
2025
$11,790
2024
Total reserves including gold
$165M
2025
$33.3B
2024
Total reserves ranking
172/177
2025
56/177
2024
Net foreign direct investment
-$49.5M
2025
-$583M
2023
Net inflows of foreign direct investment
$60M
2024
$1.84B
2024
Net outflows of foreign direct investment
-$401K
2024
$391M
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
9.68%
2024
Poverty at national poverty lines
29%
2020
27.4%
2012
Gross capital formation, % of GDP n/a
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/dominica/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2025, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-07-08)
  6. TradeMap (2021–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.