Skip to content

Economy of Hungary vs Lebanon compared: GDP & Debt

Updated on by Georank

Hungary has a GDP of $246B compared to $26B for Lebanon, ranking 55/197 and 121/197 by economy size, respectively.

Hungary has $185B in government debt (75.2% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Hungary vs Lebanon GDP by year

Hungary
Lebanon
1x
Year GDP, current $
Hungary Lebanon
2025 $246,490,213,513 -
2024 $222,848,211,034 $25,971,643,441
2023 $213,029,511,029 $20,078,620,357
2022 $177,002,580,544 $20,992,421,949
2021 $183,282,685,440 $23,131,941,557
2020 $158,468,487,754 $31,712,128,254
2019 $164,936,682,034 $51,605,959,131
2018 $161,184,691,014 $54,901,519,156
2017 $143,335,098,992 $53,027,680,686
2016 $128,983,560,865 $51,147,308,774
2015 $125,244,126,623 $49,929,337,837
2014 $141,128,696,412 $48,095,213,747
2013 $135,646,053,779 $46,880,103,081
2012 $128,470,269,690 $44,016,799,516
2011 $141,712,804,954 $39,927,125,962
2010 $131,898,737,241 $38,443,907,042
2009 $130,807,441,076 $35,399,582,929
2008 $158,228,265,916 $29,118,916,105
2007 $140,123,326,896 $24,827,355,015
2006 $115,604,111,412 $22,022,709,851
2005 $113,098,237,571 $21,497,336,499
2004 $104,015,363,080 $21,159,827,992
2003 $85,190,469,121 $20,082,918,740
2002 $67,636,468,625 $19,152,238,806
2001 $53,800,068,066 $17,649,751,244
2000 $47,275,954,429 $17,260,364,842
1999 $49,160,204,397 $17,391,056,369
1998 $48,784,412,624 $17,247,179,006
1997 $47,398,564,799 $15,751,867,489
1996 $46,833,767,124 $13,690,217,334
1995 $46,577,614,589 $11,718,795,529
1994 $43,307,949,890 $9,599,127,050
1993 $40,256,233,360 $7,941,744,492
1992 $38,857,339,125 $5,843,579,161
1991 $34,867,307,353 $4,690,415,093
1990 $34,478,360,679 $2,838,485,354
1989 $30,422,508,938 $2,717,998,688
1988 $29,799,838,597 $3,313,540,068
1987 $27,232,016,527 -
1986 $24,778,163,812 -
1985 $21,510,643,750 -
1984 $21,242,726,264 -
1983 $21,910,365,258 -
1982 $24,141,667,188 -
1981 $23,705,883,892 -
1980 $23,116,977,148 -
1979 $19,959,731,325 -
1978 $17,286,744,154 -
1977 $14,783,674,055 -
1976 $13,235,612,079 -
1975 $11,420,392,515 -
1974 $10,016,338,179 -
1973 $9,138,292,402 -
1972 $7,379,313,742 -
1971 $6,291,568,221 -
1970 $5,780,929,203 -
1969 $5,429,812,387 -
1968 $4,886,222,555 -

Data sources: World Bank | Economy & Growth (1968–2025, retrieved 2026-07-08).

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

GDP per capita in Hungary vs Lebanon by year

Hungary
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Hungary Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $25,907 - - -
2024 $23,305 $48,552 $4,473 -
2023 $22,209 $46,592 $3,478 $12,575
2022 $18,428 $44,366 $3,654 $12,293
2021 $19,031 $38,887 $4,045 $11,600
2020 $16,387 $35,584 $5,561 $16,260
2019 $17,013 $35,627 $8,906 $21,710
2018 $16,605 $32,258 $9,175 $21,985
2017 $14,736 $29,728 $8,608 $20,964
2016 $13,216 $28,179 $8,089 $18,941
2015 $12,783 $26,938 $7,714 $17,046
2014 $14,353 $25,796 $7,578 $16,140
2013 $13,739 $24,592 $8,162 $16,316
2012 $12,950 $23,205 $8,407 $16,121
2011 $14,211 $22,992 $7,835 $14,975
2010 $13,190 $21,691 $7,626 $14,704
2009 $13,051 $20,691 $7,091 $13,586
2008 $15,763 $20,709 $5,912 $12,416
2007 $13,935 $19,089 $5,125 $11,356
2006 $11,478 $18,362 $4,635 $10,312
2005 $11,212 $17,091 $4,602 $10,020
2004 $10,291 $16,251 $4,601 $9,609
2003 $8,410 $15,460 $4,438 $8,914
2002 $6,658 $14,532 $4,291 $8,586
2001 $5,281 $13,223 $4,010 $8,289
2000 $4,630 $11,872 $3,987 $7,938
1999 $4,802 $10,892 $4,087 $7,793
1998 $4,752 $10,415 $4,125 $7,861
1997 $4,606 $9,846 $3,834 $7,632
1996 $4,542 $9,388 $3,393 $7,560
1995 $4,509 $9,222 $2,959 $6,796
1994 $4,187 $8,888 $2,468 $6,367
1993 $3,887 $8,441 $2,079 $5,871
1992 $3,747 $8,284 $1,559 $5,279
1991 $3,361 $8,352 $1,278 $4,527
1990 $3,324 $9,169 $790 $2,990
1989 $2,902 - $771 -
1988 $2,812 - $959 -
1987 $2,566 - - -
1986 $2,331 - - -
1985 $2,020 - - -
1984 $1,991 - - -
1983 $2,050 - - -
1982 $2,255 - - -
1981 $2,213 - - -
1980 $2,158 - - -
1979 $1,865 - - -
1978 $1,618 - - -
1977 $1,388 - - -
1976 $1,249 - - -
1975 $1,083 - - -
1974 $956 - - -
1973 $876 - - -
1972 $710 - - -
1971 $607 - - -
1970 $559 - - -
1969 $527 - - -
1968 $476 - - -

Data sources: World Bank | Economy & Growth (1968–2025, retrieved 2026-07-08).

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

Hungary's GDP per capita is $25,907, ranking 52/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Hungary ranks 48th at $48,552, while Lebanon ranks 123rd at $12,575.

Economic indicators

Hungary Lebanon
Gross domestic product
$246B
2025
$26B
2024
GDP rank
55/197
2025
121/197
2024
GDP growth
0.51%
2024-2025
-7.08%
2023-2024
GDP per capita
$25,907
2025
$4,473
2024
GDP per capita rank
52/197
2025
129/197
2024
GDP per capita, PPP
$48,552
2024
$12,575
2023
GDP per capita PPP rank
48/197
2024
123/197
2023
Government debt
$185B
2025
$41B
2024
Debt-to-GDP ratio
75.2%
2025
139.4%
2025
Government debt per person
$19,473
2025
$7,061
2024
Government debt per person rank
33/185
2025
71/185
2024
Average annual personal income after taxes
$18,331
2026
$3,055
2026
Market capitalization of domestic companies
$62.6B
2025
$10.6B
2021
Number of millionaires
27,000
2026
n/a
Number of billionaires
4
2026
6
2026
Income share by richest 10%
24.4%
2022
25.6%
2022
Income share by poorest 10%
2.8%
2022
2.8%
2022
Government expenditure, % of GDP
47.5%
2025
15.5%
2025
Consumer prices inflation
4.41%
2024-2025
14.6%
2024-2025
Central bank interest rate
6.25%
2026
20%
2023
Unemployment rate
4.4%
2025
11.3%
2019
Population
9454659
5921719

Spending and national debt comparison by year

Hungary
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Hungary Lebanon
Government spending Government debt Government spending Government debt
2025 47.5% 75.2% 15.5% 139.4%
2024 46.9% 73.5% 15.3% 157.9%
2023 49.3% 73.2% 14.3% 185.8%
2022 48.9% 74.1% 12.9% 235.9%
2021 48.1% 76.2% 10.5% 346%
2020 51% 78.7% 24.5% 157.2%
2019 45.8% 65% 31.3% 171.9%
2018 45.9% 68.8% 32.1% 154%
2017 46.6% 72% 30.7% 150.4%
2016 46.7% 74.6% 28.6% 147.9%
2015 50.4% 75.7% 26.7% 140.9%
2014 50% 76.5% 28.9% 138.5%
2013 50.1% 77.2% 28.9% 135.4%
2012 49.2% 78.4% 30.2% 131.1%
2011 49.1% 80.5% 28.8% 134.4%
2010 48.9% 80.2% 29.2% 136.8%
2009 50.7% 78.2% 32.1% 144.5%
2008 48.8% 71.8% 34.3% 161.5%
2007 49.9% 65.6% 35.2% 169.3%
2006 51.4% 64.5% 36.1% 183.3%
2005 49.4% 60.6% 31.4% 178.9%
2004 48.8% 58.9% 33.3% 169.5%
2003 49.2% 58.2% 36.4% 171.3%
2002 51% 55.6% 36.8% 163.1%
2001 47.2% 52.2% 38.9% 163.1%
2000 47.3% 55.6% 42.8% 148.1%
1999 48.9% 60.3% 35.6% 130.2%
1998 50.7% 60.4% 34.7% 108.2%
1997 49.5% 62.2% 40.5% 100.2%
1996 50.9% 71.2% 43.6% 101.2%
1995 55% 83.9% 31.1% 79.6%
1994 - 86.2% 47.3% 71.5%
1993 - 87.2% 23% 50.5%
1992 - 76.5% 36.1% 51.7%
1991 - 74.2% 35.6% 67.1%
1990 - 63.7% 40% 99.7%
1989 - 70.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1999, retrieved 2026-07-08).

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

In 2025, Hungary's government spending was $117B, accounting for 47.5% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 75.2% in Hungary and 139.4% in Lebanon, ranking 50/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Hungary

Lebanon
1x
Year Deficit/surplus, % of GDP
Hungary Lebanon
2025 -4.68% 3.25%
2024 -4.9% 0.39%
2023 -6.77% -1.64%
2022 -6.19% -7.49%
2021 -7.11% -2.57%
2020 -7.49% -7.79%
2019 -2.02% -10.5%
2018 -2.05% -11.2%
2017 -2.45% -8.68%
2016 -1.79% -8.98%
2015 -2% -7.49%
2014 -2.77% -6.22%
2013 -2.6% -8.83%
2012 -2.33% -8.43%
2011 -5.22% -5.94%
2010 -4.44% -7.47%
2009 -4.76% -8.1%
2008 -3.78% -9.86%
2007 -5.09% -10.9%
2006 -9.27% -10.6%
2005 -7.79% -8.57%
2004 -6.6% -9.83%
2003 -7.19% -14%
2002 -8.79% -16.2%
2001 -4% -21%
2000 -3.04% -23.9%
1999 -5.27% -16.7%
1998 -7.41% -17.3%
1997 -5.54% -24.5%
1996 -4.36% -25.7%
1995 -8.57% -13.6%
1994 - -29.1%
1993 - -7.19%
1992 - -24%
1991 - -19.5%
1990 - -30.2%
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 -0.17% -
1942 0.31% -
1941 0.2% -
1940 -0.07% -
1939 0.19% -
1938 -0.11% -
1937 -0.01% -
1936 0.08% -
1935 0.03% -
1934 0.04% -
1933 -0.03% -
1932 -0.22% -
1931 -0.32% -
1930 -0.26% -
1929 0.02% -
1928 0.12% -
1927 0.15% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-07-08).

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

In 2024, Hungary's government deficit, the difference between spending and revenue, was $10.9B, equivalent to 4.9% of GDP. This compares to Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 30 years, Hungary recorded a fiscal deficit in 30 of those years, while Lebanon ran a deficit in 29 years. On average, Hungary posted an annual deficit equal to 5.05% of GDP, compared to deficit of 11.1% of GDP for Lebanon.

Inflation comparison by year

Inflation
Hungary

Lebanon
1x
Year Consumer prices inflation
Hungary Lebanon
2025 4.41% 14.6%
2024 3.7% 45.2%
2023 17.1% 221.3%
2022 14.6% 171.2%
2021 5.11% 154.8%
2020 3.33% 84.9%
2019 3.34% 2.9%
2018 2.85% 6.1%
2017 2.35% 4.4%
2016 0.39% -0.8%
2015 -0.06% -3.7%
2014 -0.23% 1.9%
2013 1.73% 4.8%
2012 5.65% 6.6%
2011 3.93% 5%
2010 4.86% 4%
2009 4.21% 1.2%
2008 6.04% 10.7%
2007 7.96% 4.1%
2006 3.93% 4.1%
2005 3.56% -1.4%
2004 6.74% 1.7%
2003 4.66% 1.3%
2002 5.27% 1.8%
2001 9.12% -0.4%
2000 9.8% -0.4%
1999 10% 0.2%
1998 14.2% 4.5%
1997 18.3% 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/hungary/lebanon | CC BY

Over the past 29 years, Hungary has recorded an average annual inflation rate of 6.1%, compared with 26.1% in Lebanon. In 2025, inflation was 4.41% in Hungary and 14.6% in Lebanon.

Top exports between countries

Hungary
Export category Export value
Animal & marine products $41.6M
Processed food, beverages & tobacco $4.66M
Chemicals & pharma $3.67M
Machinery & equipment $3.6M
Raw materials & minerals $1.21M
Textiles & consumer goods $1.01M
Wood & paper products $824K
Raw agricultural goods $348K
Metals $221K
Miscellaneous $79K
Lebanon
Export category Export value
Textiles & consumer goods $421K
Machinery & equipment $348K
Processed food, beverages & tobacco $83K
Miscellaneous $19K
Chemicals & pharma $9K
Wood & paper products $6K
Raw agricultural goods $4K
Metals $2K

Balance of trade

Hungary Lebanon
Current account balance
$4.08B
2025
-$5.64B
2023
Current account balance ranking
34/190
2025
166/190
2023
Current account balance, % of GDP
+1.65%
2025
-28.1%
2023
Goods imports
$139B
2025
$16.7B
2023
Goods exports
$136B
2025
$3.85B
2023
Service imports
$29.8B
2025
$6.63B
2023
Service exports
$43.1B
2025
$7.92B
2023
Imports of goods and services, % of GDP
68.1%
2025
58.9%
2024
Exports of goods and services, % of GDP
72.6%
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.

Hungary Lebanon
Economic freedom 62.5 43.1
Economic freedom ranking 86/197 183/197
Property rights 67.3 21.8
Government integrity 44 23.4
Judicial effectiveness 61.9 23.8
Tax burden 85.1 90.3
Government spending 30.2 93.3
Fiscal health 32.7 63.4
Business freedom 70.8 47.6
Labor freedom 56.5 48.4
Monetary freedom 72.1 0
Trade freedom 79.4 65.6
Investment freedom 80 20
Financial freedom 70 20

Economic freedom comparison by year

Hungary
Lebanon
1x
Year Economic freedom index
Hungary Lebanon
2026 62.5 43.1
2025 61.4 44.1
2024 61.2 48.3
2023 64.1 45.6
2022 66.9 47.3
2021 67.2 51.4
2020 66.4 51.7
2019 65 51.1
2018 66.7 53.2
2017 65.8 53.3
2016 66 59.5
2015 66.8 59.3
2014 67 59.4
2013 67.3 59.5
2012 67.1 60.1
2011 66.6 60.1
2010 66.1 59.5
2009 66.8 58.1
2008 67.6 60
2007 64.8 60.4
2006 65 57.5
2005 63.5 57.2
2004 62.7 56.9
2003 63 56.7
2002 64.5 57.1
2001 65.6 61
2000 64.4 56.1
1999 59.6 59.1
1998 56.9 59
1997 55.3 63.9
1996 56.8 63.2
1995 55.2 -

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

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

The Economic Freedom Index for Hungary is 62.5, ranking 86/197, 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

Hungary Lebanon
Services, % of GDP
60.1%
2025
35.7%
2024
Industry, % of GDP
23%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
2.65%
2025
1.05%
2024
GNI, Atlas method
$227B
2025
$20.7B
2024
GNI per capita, PPP
$48,630
2025
$11,790
2024
Total reserves including gold
$59.1B
2025
$33.3B
2024
Total reserves ranking
42/177
2025
56/177
2024
Net foreign direct investment
$9.1B
2025
-$583M
2023
Net inflows of foreign direct investment
-$61.3B
2024
$1.84B
2024
Net outflows of foreign direct investment
-$76.3B
2024
$391M
2024
Servicing debt to the IMF, % of GNI n/a
9.68%
2024
Poverty at national poverty lines
12.1%
2021
27.4%
2012
Gross capital formation, % of GDP
22.2%
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/hungary/lebanon | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1968–2025, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1999, 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.