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Economy of Guatemala vs Lebanon compared: GDP & Debt

Updated on by Georank

Guatemala has a GDP of $123B compared to $26B for Lebanon, ranking 67/197 and 121/197 by economy size, respectively.

Guatemala has $33.5B in government debt (27.2% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Guatemala vs Lebanon GDP by year

Guatemala
Lebanon
1x
Year GDP, current $
Guatemala Lebanon
2025 $123,306,008,821 -
2024 $113,215,575,151 $25,971,643,441
2023 $104,298,081,429 $20,078,620,357
2022 $95,609,727,056 $20,992,421,949
2021 $86,455,522,273 $23,131,941,557
2020 $77,719,468,248 $31,712,128,254
2019 $77,172,331,693 $51,605,959,131
2018 $73,328,356,008 $54,901,519,156
2017 $71,653,780,740 $53,027,680,686
2016 $66,053,408,206 $51,147,308,774
2015 $62,186,066,548 $49,929,337,837
2014 $57,852,159,008 $48,095,213,747
2013 $52,996,420,177 $46,880,103,081
2012 $49,593,929,487 $44,016,799,516
2011 $46,876,006,272 $39,927,125,962
2010 $40,676,578,423 $38,443,907,042
2009 $37,126,148,265 $35,399,582,929
2008 $38,503,720,224 $29,118,916,105
2007 $33,567,850,824 $24,827,355,015
2006 $29,744,246,827 $22,022,709,851
2005 $26,783,389,294 $21,497,336,499
2004 $23,577,298,095 $21,159,827,992
2003 $21,576,351,799 $20,082,918,740
2002 $20,444,205,991 $19,152,238,806
2001 $18,405,220,247 $17,649,751,244
2000 $19,288,929,030 $17,260,364,842
1999 $18,318,412,251 $17,391,056,369
1998 $19,395,491,993 $17,247,179,006
1997 $17,790,026,222 $15,751,867,489
1996 $15,674,835,615 $13,690,217,334
1995 $14,655,404,433 $11,718,795,529
1994 $12,983,233,311 $9,599,127,050
1993 $11,400,017,301 $7,941,744,492
1992 $10,440,781,588 $5,843,579,161
1991 $9,406,135,143 $4,690,415,093
1990 $7,650,196,845 $2,838,485,354
1989 $8,410,724,361 $2,717,998,688
1988 $7,841,602,824 $3,313,540,068
1987 $7,084,399,840 -
1986 $7,231,963,516 -
1985 $9,721,652,087 -
1984 $9,470,000,100 -
1983 $9,050,000,400 -
1982 $8,716,999,700 -
1981 $8,607,500,300 -
1980 $7,878,700,000 -
1979 $6,902,600,200 -
1978 $6,070,600,200 -
1977 $5,480,500,200 -
1976 $4,365,300,200 -
1975 $3,645,900,000 -
1974 $3,161,499,900 -
1973 $2,569,200,100 -
1972 $2,101,300,000 -
1971 $1,984,800,000 -
1970 $1,904,000,000 -
1969 $1,715,399,900 -
1968 $1,610,500,000 -
1967 $1,453,500,000 -
1966 $1,390,700,000 -
1965 $1,331,399,900 -
1964 $1,299,099,900 -
1963 $1,262,800,000 -
1962 $1,143,600,000 -
1961 $1,076,699,900 -
1960 $1,043,599,900 -

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

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

GDP per capita in Guatemala vs Lebanon by year

Guatemala
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guatemala Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,598 - - -
2024 $6,151 $14,369 $4,473 -
2023 $5,754 $13,745 $3,478 $12,575
2022 $5,357 $13,014 $3,654 $12,293
2021 $4,913 $11,825 $4,045 $11,600
2020 $4,478 $10,947 $5,561 $16,260
2019 $4,512 $10,756 $8,906 $21,710
2018 $4,353 $9,947 $9,175 $21,985
2017 $4,325 $9,560 $8,608 $20,964
2016 $4,060 $9,201 $8,089 $18,941
2015 $3,894 $8,934 $7,714 $17,046
2014 $3,689 $8,237 $7,578 $16,140
2013 $3,444 $7,700 $8,162 $16,316
2012 $3,287 $7,258 $8,407 $16,121
2011 $3,169 $6,784 $7,835 $14,975
2010 $2,805 $6,510 $7,626 $14,704
2009 $2,612 $6,377 $7,091 $13,586
2008 $2,763 $6,435 $5,912 $12,416
2007 $2,459 $6,238 $5,125 $11,356
2006 $2,225 $5,833 $4,635 $10,312
2005 $2,046 $5,486 $4,602 $10,020
2004 $1,841 $5,263 $4,601 $9,609
2003 $1,723 $5,081 $4,438 $8,914
2002 $1,669 $4,969 $4,291 $8,586
2001 $1,538 $4,822 $4,010 $8,289
2000 $1,649 $4,715 $3,987 $7,938
1999 $1,604 $4,557 $4,087 $7,793
1998 $1,741 $4,437 $4,125 $7,861
1997 $1,638 $4,287 $3,834 $7,632
1996 $1,481 $4,143 $3,393 $7,560
1995 $1,421 $4,055 $2,959 $6,796
1994 $1,293 $3,886 $2,468 $6,367
1993 $1,166 $3,756 $2,079 $5,871
1992 $1,096 $3,626 $1,559 $5,279
1991 $1,014 $3,473 $1,278 $4,527
1990 $848 $3,330 $790 $2,990
1989 $958 - $771 -
1988 $919 - $959 -
1987 $854 - - -
1986 $896 - - -
1985 $1,238 - - -
1984 $1,241 - - -
1983 $1,220 - - -
1982 $1,204 - - -
1981 $1,216 - - -
1980 $1,142 - - -
1979 $1,026 - - -
1978 $925 - - -
1977 $856 - - -
1976 $697 - - -
1975 $595 - - -
1974 $529 - - -
1973 $441 - - -
1972 $370 - - -
1971 $358 - - -
1970 $353 - - -
1969 $326 - - -
1968 $315 - - -
1967 $291.9 - - -
1966 $287.3 - - -
1965 $283 - - -
1964 $284.2 - - -
1963 $284.4 - - -
1962 $265.2 - - -
1961 $257.2 - - -
1960 $256.8 - - -

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

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

Guatemala's GDP per capita is $6,598, ranking 108/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Guatemala ranks 116th at $14,369, while Lebanon ranks 123rd at $12,575.

Economic indicators

Guatemala Lebanon
Gross domestic product
$123B
2025
$26B
2024
GDP rank
67/197
2025
121/197
2024
GDP growth
4.28%
2024-2025
-7.08%
2023-2024
GDP per capita
$6,598
2025
$4,473
2024
GDP per capita rank
108/197
2025
129/197
2024
GDP per capita, PPP
$14,369
2024
$12,575
2023
GDP per capita PPP rank
116/197
2024
123/197
2023
Government debt
$33.5B
2025
$41B
2024
Debt-to-GDP ratio
27.2%
2025
139.4%
2025
Government debt per person
$1,793
2025
$7,061
2024
Government debt per person rank
122/185
2025
71/185
2024
Average annual personal income after taxes
$4,432
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%
34.1%
2023
25.6%
2022
Income share by poorest 10%
1.6%
2023
2.8%
2022
Government expenditure, % of GDP
14.7%
2025
15.5%
2025
Consumer prices inflation
1.49%
2024-2025
14.6%
2024-2025
Central bank interest rate
4%
2025
20%
2023
Unemployment rate
1.9%
2024
11.3%
2019
Population
19115361
5921719

Spending and national debt comparison by year

Guatemala
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Guatemala Lebanon
Government spending Government debt Government spending Government debt
2025 14.7% 27.2% 15.5% 139.4%
2024 13.4% 26.3% 15.3% 157.9%
2023 13.7% 27.2% 14.3% 185.8%
2022 14.3% 29% 12.9% 235.9%
2021 13.5% 30.6% 10.5% 346%
2020 15.6% 31.5% 24.5% 157.2%
2019 13.4% 26.4% 31.3% 171.9%
2018 13.2% 26.4% 32.1% 154%
2017 12.8% 25.1% 30.7% 150.4%
2016 12.6% 24.9% 28.6% 147.9%
2015 12.6% 24.8% 26.7% 140.9%
2014 13.6% 24.7% 28.9% 138.5%
2013 14% 25% 28.9% 135.4%
2012 14.2% 24.6% 30.2% 131.1%
2011 14.5% 23.8% 28.8% 134.4%
2010 14.5% 24% 29.2% 136.8%
2009 14.1% 22.8% 32.1% 144.5%
2008 13.3% 19.6% 34.3% 161.5%
2007 13.9% 20.8% 35.2% 169.3%
2006 14.2% 20.9% 36.1% 183.3%
2005 13.2% 20% 31.4% 178.9%
2004 12.9% 20.6% 33.3% 169.5%
2003 14.4% 19.8% 36.4% 171.3%
2002 13.1% 17.4% 36.8% 163.1%
2001 13.8% 19.1% 38.9% 163.1%
2000 13.6% 18% 42.8% 148.1%
1999 14.6% 22% 35.6% 130.2%
1998 13.2% 19% 34.7% 108.2%
1997 11.2% 18.5% 40.5% 100.2%
1996 9.85% 19.2% 43.6% 101.2%
1995 9.77% 21% 31.1% 79.6%
1994 - - 47.3% 71.5%
1993 - - 23% 50.5%
1992 - - 36.1% 51.7%
1991 - - 35.6% 67.1%
1990 - - 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/guatemala/lebanon | CC BY

In 2025, Guatemala's government spending was $18.2B, accounting for 14.7% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 27.2% in Guatemala and 139.4% in Lebanon, ranking 163/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Guatemala

Lebanon
1x
Year Deficit/surplus, % of GDP
Guatemala Lebanon
2025 -1.91% 3.25%
2024 -0.96% 0.39%
2023 -1.25% -1.64%
2022 -1.7% -7.49%
2021 -1.16% -2.57%
2020 -4.91% -7.79%
2019 -2.24% -10.5%
2018 -1.88% -11.2%
2017 -1.38% -8.68%
2016 -1.11% -8.98%
2015 -1.47% -7.49%
2014 -1.92% -6.22%
2013 -2.16% -8.83%
2012 -2.42% -8.43%
2011 -2.8% -5.94%
2010 -3.28% -7.47%
2009 -3.12% -8.1%
2008 -1.57% -9.86%
2007 -1.4% -10.9%
2006 -1.88% -10.6%
2005 -1.67% -8.57%
2004 -1.05% -9.83%
2003 -2.47% -14%
2002 -1.03% -16.2%
2001 -2% -21%
2000 -1.88% -23.9%
1999 -2.96% -16.7%
1998 -2.29% -17.3%
1997 -0.79% -24.5%
1996 0.04% -25.7%
1995 -0.53% -13.6%
1994 - -29.1%
1993 - -7.19%
1992 - -24%
1991 - -19.5%
1990 - -30.2%

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

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

In 2024, Guatemala's government deficit, the difference between spending and revenue, was $1.09B, equivalent to 0.96% of GDP. This compares to Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 30 years, Guatemala recorded a fiscal deficit in 29 of those years, while Lebanon ran a deficit in 29 years. On average, Guatemala posted an annual deficit equal to 1.84% of GDP, compared to deficit of 11.1% of GDP for Lebanon.

Inflation comparison by year

Inflation
Guatemala

Lebanon
1x
Year Consumer prices inflation
Guatemala Lebanon
2025 1.49% 14.6%
2024 2.87% 45.2%
2023 6.21% 221.3%
2022 6.89% 171.2%
2021 4.26% 154.8%
2020 3.21% 84.9%
2019 3.7% 2.9%
2018 3.75% 6.1%
2017 4.42% 4.4%
2016 4.45% -0.8%
2015 2.39% -3.7%
2014 3.42% 1.9%
2013 4.34% 4.8%
2012 3.78% 6.6%
2011 6.21% 5%
2010 3.86% 4%
2009 1.86% 1.2%
2008 11.4% 10.7%
2007 6.82% 4.1%
2006 6.56% 4.1%
2005 9.11% -1.4%
2004 7.58% 1.7%
2003 5.6% 1.3%
2002 8.13% 1.8%
2001 7.29% -0.4%
2000 5.98% -0.4%
1999 5.21% 0.2%
1998 6.61% 4.5%
1997 9.23% 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/guatemala/lebanon | CC BY

Over the past 29 years, Guatemala has recorded an average annual inflation rate of 5.4%, compared with 26.1% in Lebanon. In 2025, inflation was 1.49% in Guatemala and 14.6% in Lebanon.

Top exports between countries

Guatemala
Export category Export value
Raw agricultural goods $2.4M
Processed food, beverages & tobacco $191K
Chemicals & pharma $3K
Textiles & consumer goods $3K
Lebanon
Export category Export value
Textiles & consumer goods $141K
Machinery & equipment $114K
Miscellaneous $10K

Balance of trade

Guatemala Lebanon
Current account balance
$3.27B
2024
-$5.64B
2023
Current account balance ranking
36/190
2024
166/190
2023
Current account balance, % of GDP
+2.89%
2024
-28.1%
2023
Goods imports
$29.1B
2024
$16.7B
2023
Goods exports
$13.3B
2024
$3.85B
2023
Service imports
$6.45B
2024
$6.63B
2023
Service exports
$4.65B
2024
$7.92B
2023
Imports of goods and services, % of GDP
31%
2025
58.9%
2024
Exports of goods and services, % of GDP
15.6%
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.

Guatemala Lebanon
Economic freedom 63.5 43.1
Economic freedom ranking 79/197 183/197
Property rights 39.1 21.8
Government integrity 25.2 23.4
Judicial effectiveness 26.1 23.8
Tax burden 91.3 90.3
Government spending 94.3 93.3
Fiscal health 95.9 63.4
Business freedom 65.7 47.6
Labor freedom 52.5 48.4
Monetary freedom 77.3 0
Trade freedom 74.6 65.6
Investment freedom 70 20
Financial freedom 50 20

Economic freedom comparison by year

Guatemala
Lebanon
1x
Year Economic freedom index
Guatemala Lebanon
2026 63.5 43.1
2025 63.4 44.1
2024 62.4 48.3
2023 62.7 45.6
2022 63.2 47.3
2021 64 51.4
2020 64 51.7
2019 62.6 51.1
2018 63.4 53.2
2017 63 53.3
2016 61.8 59.5
2015 60.4 59.3
2014 61.2 59.4
2013 60 59.5
2012 60.9 60.1
2011 61.9 60.1
2010 61 59.5
2009 59.4 58.1
2008 59.8 60
2007 60.5 60.4
2006 59.1 57.5
2005 59.5 57.2
2004 59.6 56.9
2003 62.3 56.7
2002 62.3 57.1
2001 65.1 61
2000 64.3 56.1
1999 66.2 59.1
1998 65.8 59
1997 65.7 63.9
1996 63.7 63.2
1995 62 -

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

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

The Economic Freedom Index for Guatemala is 63.5, ranking 79/197, 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

Guatemala Lebanon
Services, % of GDP
62.1%
2025
35.7%
2024
Industry, % of GDP
21.8%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
9.55%
2025
1.05%
2024
GNI, Atlas method
$119B
2025
$20.7B
2024
GNI per capita, PPP
$15,020
2025
$11,790
2024
Total reserves including gold
$32.8B
2025
$33.3B
2024
Total reserves ranking
57/177
2025
56/177
2024
Net foreign direct investment
-$983M
2024
-$583M
2023
Net inflows of foreign direct investment
$1.85B
2024
$1.84B
2024
Net outflows of foreign direct investment
$865M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
9.68%
2024
Poverty at national poverty lines
56%
2023
27.4%
2012
Gross capital formation, % of GDP
16.8%
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/guatemala/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. The Heritage Foundation | Economic Freedom Index (1995–2026, 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 (2022–2025, 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.