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Economy of Dominican Republic vs Lebanon compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $20.1B for Lebanon, ranking 63/197 and 128/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Dominican Republic vs Lebanon GDP by year

Dominican Republic
Lebanon
1x
Year GDP, current $
Dominican Republic Lebanon
2024 $124,282,245,639 -
2023 $120,456,239,154 $20,078,620,357
2022 $113,478,087,135 $20,992,421,949
2021 $94,850,719,517 $23,131,941,557
2020 $78,546,672,407 $31,712,128,254
2019 $89,146,130,745 $51,605,959,131
2018 $84,994,732,049 $54,901,519,156
2017 $79,070,274,743 $53,027,680,686
2016 $75,552,902,636 $51,147,308,774
2015 $70,966,782,572 $49,929,337,837
2014 $67,014,329,100 $48,095,213,747
2013 $62,555,417,415 $46,880,103,081
2012 $60,561,635,556 $44,016,799,516
2011 $57,948,261,616 $39,927,125,962
2010 $53,801,053,353 $38,443,907,042
2009 $48,223,781,477 $35,399,582,929
2008 $48,091,433,554 $29,118,916,105
2007 $43,965,458,509 $24,827,355,015
2006 $37,879,830,084 $22,022,709,851
2005 $35,777,560,684 $21,497,336,499
2004 $22,322,387,382 $21,159,827,992
2003 $21,403,167,848 $20,082,918,740
2002 $27,137,440,786 $19,152,238,806
2001 $25,601,823,688 $17,649,751,244
2000 $24,305,780,629 $17,260,364,842
1999 $22,136,579,397 $17,391,056,369
1998 $21,672,215,547 $17,247,179,006
1997 $20,017,450,041 $15,751,867,489
1996 $18,241,622,548 $13,690,217,334
1995 $16,637,370,839 $11,718,795,529
1994 $14,644,734,599 $9,599,127,050
1993 $13,081,042,400 $7,941,744,492
1992 $11,605,382,504 $5,843,579,161
1991 $9,824,483,340 $4,690,415,093
1990 $7,073,675,545 $2,838,485,354
1989 $6,686,593,060 $2,717,998,688
1988 $5,374,299,981 $3,313,540,068
1987 $5,827,050,753 -
1986 $6,122,128,558 -
1985 $5,044,579,979 -
1984 $11,594,000,000 -
1983 $9,220,600,000 -
1982 $8,267,400,000 -
1981 $7,561,300,000 -
1980 $6,761,300,000 -
1979 $5,498,800,000 -
1978 $4,734,400,000 -
1977 $4,587,100,000 -
1976 $3,951,500,000 -
1975 $3,599,200,000 -
1974 $2,925,700,000 -
1973 $2,344,800,000 -
1972 $1,987,400,000 -
1971 $1,666,500,000 -
1970 $1,485,500,000 -
1969 $1,230,500,000 -
1968 $1,079,100,000 -
1967 $1,034,800,000 -
1966 $983,900,000 -
1965 $888,100,000 -
1964 $1,025,599,900 -
1963 $940,799,900 -
1962 $824,100,000 -
1961 $654,100,200 -
1960 $672,399,700 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/dominican-republic/lebanon | CC BY

GDP per capita in Dominican Republic vs Lebanon by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 - -
2023 $10,630 $25,840 $3,478 $12,575
2022 $10,104 $24,626 $3,654 $12,293
2021 $8,527 $22,053 $4,045 $11,600
2020 $7,135 $18,998 $5,561 $16,260
2019 $8,183 $19,767 $8,906 $21,710
2018 $7,883 $17,995 $9,175 $21,985
2017 $7,413 $16,846 $8,608 $20,964
2016 $7,160 $16,282 $8,089 $18,941
2015 $6,801 $14,804 $7,714 $17,046
2014 $6,496 $13,465 $7,578 $16,140
2013 $6,137 $12,414 $8,162 $16,316
2012 $6,014 $11,777 $8,407 $16,121
2011 $5,827 $11,695 $7,835 $14,975
2010 $5,479 $11,246 $7,626 $14,704
2009 $4,974 $10,382 $7,091 $13,586
2008 $5,024 $10,346 $5,912 $12,416
2007 $4,650 $9,951 $5,125 $11,356
2006 $4,055 $9,130 $4,635 $10,312
2005 $3,878 $8,215 $4,602 $10,020
2004 $2,452 $7,375 $4,601 $9,609
2003 $2,383 $7,098 $4,438 $8,914
2002 $3,066 $7,158 $4,291 $8,586
2001 $2,936 $6,848 $4,010 $8,289
2000 $2,831 $6,639 $3,987 $7,938
1999 $2,621 $6,305 $4,087 $7,793
1998 $2,608 $5,963 $4,125 $7,861
1997 $2,449 $5,618 $3,834 $7,632
1996 $2,271 $5,161 $3,393 $7,560
1995 $2,109 $4,871 $2,959 $6,796
1994 $1,892 $4,599 $2,468 $6,367
1993 $1,722 $4,474 $2,079 $5,871
1992 $1,558 $4,151 $1,559 $5,279
1991 $1,346 $3,722 $1,278 $4,527
1990 $989 $3,641 $790 $2,990
1989 $955 - $771 -
1988 $784 - $959 -
1987 $868 - - -
1986 $932 - - -
1985 $784 - - -
1984 $1,844 - - -
1983 $1,500 - - -
1982 $1,376 - - -
1981 $1,288 - - -
1980 $1,180 - - -
1979 $984 - - -
1978 $868 - - -
1977 $863 - - -
1976 $763 - - -
1975 $713 - - -
1974 $595 - - -
1973 $490 - - -
1972 $427 - - -
1971 $368 - - -
1970 $338 - - -
1969 $287.7 - - -
1968 $259.6 - - -
1967 $256.2 - - -
1966 $250.9 - - -
1965 $233.2 - - -
1964 $277.3 - - -
1963 $262.2 - - -
1962 $236.8 - - -
1961 $193.9 - - -
1960 $205.7 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/dominican-republic/lebanon | CC BY

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Lebanon ranks 123rd at $12,575.

Economic indicators

Dominican Republic Lebanon
Gross domestic product
$124B
2024
$20.1B
2023
GDP rank
63/197
2024
128/197
2023
GDP growth
4.95%
2023-2024
-0.76%
2022-2023
GDP per capita
$10,876
2024
$3,478
2023
GDP per capita rank
83/197
2024
135/197
2023
GDP per capita, PPP
$27,542
2024
$12,575
2023
GDP per capita PPP rank
76/197
2024
123/197
2023
Government debt
$73.1B
2024
$38.7B
2023
Debt-to-GDP ratio
58.8%
2024
163.8%
2024
Government debt per person
$6,394
2024
$6,704
2023
Government debt per person rank
71/185
2024
70/185
2023
Average annual personal income after taxes
$6,547
2026
$3,560
2026
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
29.5%
2024
25.1%
2022
Income share by poorest 10%
2.3%
2024
2.8%
2022
Government expenditure, % of GDP
19.5%
2024
16.5%
2024
Consumer prices inflation
3.3%
2023-2024
45.2%
2023-2024
Central bank interest rate
5.5%
2025
20%
2023
Unemployment rate
5.31%
2024
11.3%
2019
Population
11637906
5906622

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Dominican Republic Lebanon
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% 16.5% 163.8%
2023 19.1% 60.5% 14.9% 192.8%
2022 18.5% 59.6% 13.4% 244.6%
2021 18.4% 62.8% 10.9% 358%
2020 22.2% 71.8% 23.2% 148.7%
2019 17.8% 53.5% 31.3% 172.1%
2018 16.5% 50.8% 32.3% 155.1%
2017 17.3% 49.5% 30.6% 150%
2016 17% 46.7% 28.3% 146.4%
2015 16.7% 44.8% 26.7% 140.8%
2014 17% 45% 28.8% 138.4%
2013 18.5% 46.8% 28.9% 135.4%
2012 19.8% 42.4% 30.2% 131.1%
2011 16% 39.1% 28.8% 134.4%
2010 16.1% 37.4% 29.2% 136.8%
2009 16.2% 36.8% 32.1% 144.5%
2008 18.5% 33.6% 34.3% 161.5%
2007 16.3% 32.9% 35.2% 169.3%
2006 17% 36% 36.1% 183.3%
2005 15.5% 38.3% 31.4% 178.9%
2004 17.3% 34.3% 33.3% 169.5%
2003 17.2% 48.2% 36.4% 171.3%
2002 16.5% 21.5% 36.8% 163.1%
2001 14.9% 20.4% 38.9% 163.1%
2000 14.1% 16.7% 42.8% 148.1%
1999 13.4% 16% 35.6% 130.2%
1998 12.6% 13.2% 34.7% 108.2%
1997 13.2% 13.8% 40.5% 100.2%
1996 11.4% 23% 43.6% 101.2%
1995 11% 25.7% 31.1% 79.6%
1994 12.1% 28.5% 47.3% 71.5%
1993 13% 36.1% 23% 50.5%
1992 10.4% 38.5% 36.1% 51.7%
1991 8.65% 47.3% 35.6% 67.1%
1990 9.1% 84.7% 40% 99.7%
1989 11.3% 62.5% - -
1988 12.8% 77% - -
1987 11.2% 86.9% - -
1986 10.4% 63.8% - -
1985 9.8% 66.3% - -
1984 9.32% 28.9% - -
1983 10.2% 32.9% - -
1982 10.2% 33.1% - -
1981 12.1% 29.8% - -
1980 12.8% 15.2% - -
1979 13.8% 24% - -
1978 12.3% 20.9% - -
1977 11.4% 16.4% - -
1976 12.5% 15.6% - -
1975 13.7% 13.1% - -
1974 14.6% 14.6% - -
1973 13.7% 14.6% - -
1972 14.1% 16.4% - -
1971 13.8% 17.8% - -
1970 13.3% 18% - -
1969 15.5% 17.4% - -
1968 15.5% 18.1% - -
1967 15% 16.2% - -
1966 15.2% 14.5% - -
1965 12.8% - - -
1964 16.7% - - -
1963 15.1% - - -
1962 15.7% - - -
1961 20% - - -
1960 20.1% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/lebanon | CC BY

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 163.8% in Lebanon, ranking 83/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Lebanon
1x
Year Deficit/surplus, % of GDP
Dominican Republic Lebanon
2024 -3.09% -0.19%
2023 -3.28% -1.7%
2022 -3.25% -7.77%
2021 -2.92% -2.67%
2020 -7.94% -7.37%
2019 -3.46% -10.5%
2018 -2.17% -11.3%
2017 -3.12% -8.65%
2016 -3.11% -8.88%
2015 -0.03% -7.48%
2014 -2.76% -6.22%
2013 -4.41% -8.82%
2012 -6.26% -8.43%
2011 -3.07% -5.94%
2010 -2.97% -7.47%
2009 -2.9% -8.1%
2008 -3.43% -9.86%
2007 0.28% -10.9%
2006 -1.69% -10.6%
2005 -0.71% -8.57%
2004 -3.6% -9.83%
2003 -4.24% -14%
2002 -2.28% -16.2%
2001 -0.73% -21%
2000 -0.86% -23.9%
1999 -0.79% -16.7%
1998 -0.29% -17.3%
1997 -0.64% -24.5%
1996 0.14% -25.7%
1995 0.82% -13.6%
1994 -0.39% -29.1%
1993 -0.16% -7.19%
1992 2.35% -24%
1991 0.11% -19.5%
1990 0.39% -30.2%
1989 -0.09% -
1988 -1.68% -
1987 -0.75% -
1986 -0.57% -
1985 -1.27% -
1984 -0.95% -
1983 -1.74% -
1982 -2.4% -
1981 -1.92% -
1980 -1.82% -
1979 -3.26% -
1978 -0.82% -
1977 0.15% -
1976 -0.22% -
1975 1.37% -
1974 -0.93% -
1973 -0.53% -
1972 -1.73% -
1971 -0.85% -
1970 -0.68% -
1969 -0.99% -
1968 -0.99% -
1967 -1.68% -
1966 -2.14% -
1965 -1.84% -
1964 -1.36% -
1963 -0.39% -
1962 -1.17% -
1961 -3% -
1960 -0.61% -
1959 -0.29% -
1958 -1.29% -
1957 0.21% -
1956 -0.05% -
1955 1.47% -
1954 1.43% -
1953 2.79% -
1952 0% -
1951 -2.58% -
1950 -3.66% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/lebanon | CC BY

In 2023, the Dominican Republic's government deficit, the difference between spending and revenue, was $3.95B, equivalent to 3.28% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 34 years, the Dominican Republic recorded a fiscal deficit in 28 of those years, while Lebanon ran a deficit in 34 years. On average, the Dominican Republic posted an annual deficit equal to 1.98% of GDP, compared to deficit of 13.1% of GDP for Lebanon.

Inflation comparison by year

Inflation
Dominican Republic

Lebanon
1x
Year Consumer prices inflation
Dominican Republic Lebanon
2024 3.3% 45.2%
2023 4.79% 221.3%
2022 8.81% 171.2%
2021 8.24% 154.8%
2020 3.78% 84.9%
2019 1.81% 2.9%
2018 3.56% 6.1%
2017 3.28% 4.5%
2016 1.61% -0.8%
2015 0.84% -3.8%
2014 3% 1.1%
2013 4.83% 5.6%
2012 3.69% 6.6%
2011 5.8% 5%
2010 6.33% 4%
2009 1.44% 1.2%
2008 10.6% 10.7%
2007 6.14% 4.1%
2006 7.57% 4.1%
2005 4.19% -1.4%
2004 51.5% 1.7%
2003 27.4% 1.3%
2002 5.22% 1.8%
2001 8.88% -0.4%
2000 7.72% -0.4%
1999 6.47% 0.2%
1998 4.83% 4.5%
1997 8.3% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/dominican-republic/lebanon | CC BY

Over the past 28 years, the Dominican Republic has recorded an average annual inflation rate of 7.64%, compared with 26.6% in Lebanon. In 2024, inflation was 3.3% in the Dominican Republic and 45.2% in Lebanon.

Top exports between countries

Dominican Republic
Export category Export value
Processed food, beverages & tobacco $946K
Textiles & consumer goods $33K
Chemicals & pharma $3K
Lebanon
Export category Export value
Raw materials & minerals $1.55M
Textiles & consumer goods $97K
Machinery & equipment $53K
Metals $52K
Processed food, beverages & tobacco $40K
Miscellaneous $15K
Wood & paper products $13K
Chemicals & pharma $7K
Raw agricultural goods $5K

Balance of trade

Dominican Republic Lebanon
Current account balance
-$4.17B
2024
-$5.64B
2023
Current account balance ranking
163/190
2024
168/190
2023
Current account balance, % of GDP
-3.35%
2024
-28.1%
2023
Goods imports
$29.8B
2024
$16.7B
2023
Goods exports
$13.9B
2024
$3.85B
2023
Service imports
$6.34B
2024
$6.63B
2023
Service exports
$14.7B
2024
$7.92B
2023
Imports of goods and services, % of GDP
29%
2024
73.7%
2023
Exports of goods and services, % of GDP
22.8%
2024
30.6%
2023

Economic freedom indices

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

Dominican Republic Lebanon
Economic freedom 63.8 43.1
Economic freedom ranking 77/197 183/197
Property rights 53.9 21.8
Government integrity 39.8 23.4
Judicial effectiveness 58 23.8
Tax burden 84.4 90.3
Government spending 89.1 93.3
Fiscal health 76.6 63.4
Business freedom 71.4 47.6
Labor freedom 53.2 48.4
Monetary freedom 72.1 0
Trade freedom 67.4 65.6
Investment freedom 60 20
Financial freedom 40 20

Economic freedom comparison by year

Dominican Republic
Lebanon
1x
Year Economic freedom index
Dominican Republic Lebanon
2026 63.8 43.1
2025 64.3 44.1
2024 62.9 48.3
2023 62.6 45.6
2022 63 47.3
2021 62.1 51.4
2020 60.9 51.7
2019 61 51.1
2018 61.6 53.2
2017 62.9 53.3
2016 61 59.5
2015 61 59.3
2014 61.3 59.4
2013 59.7 59.5
2012 60.2 60.1
2011 60 60.1
2010 60.3 59.5
2009 59.2 58.1
2008 57.7 60
2007 56.8 60.4
2006 56.3 57.5
2005 55.1 57.2
2004 54.6 56.9
2003 57.8 56.7
2002 58.6 57.1
2001 59.1 61
2000 59 56.1
1999 58.1 59.1
1998 58.1 59
1997 53.5 63.9
1996 58.1 63.2
1995 55.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/dominican-republic/lebanon | CC BY

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, 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

Dominican Republic Lebanon
Services, % of GDP
59.8%
2024
42.4%
2023
Industry, % of GDP
28.7%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
0.97%
2023
GNI, Atlas method
$117B
2024
$21.4B
2023
GNI per capita, PPP
$26,050
2024
$12,420
2023
Total reserves including gold
$13.5B
2024
$33.3B
2024
Total reserves ranking
71/177
2024
54/177
2024
Net foreign direct investment
-$4.52B
2024
-$583M
2023
Net inflows of foreign direct investment
$4.48B
2024
$1.84B
2024
Net outflows of foreign direct investment
-$47.3M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
22%
2023
Poverty at national poverty lines
19%
2024
27.4%
2012
Gross capital formation, % of GDP
27%
2024
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/dominican-republic/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.