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Economy of Indonesia vs Lebanon compared: GDP & Debt

Updated on by Georank

Indonesia has a GDP of $1.45T compared to $26B for Lebanon, ranking 17/197 and 121/197 by economy size, respectively.

Indonesia has $593B in government debt (41% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Indonesia vs Lebanon GDP by year

Indonesia
Lebanon
1x
Year GDP, current $
Indonesia Lebanon
2025 $1,445,642,584,164 -
2024 $1,396,301,788,462 $25,971,643,441
2023 $1,371,166,925,750 $20,078,620,357
2022 $1,319,101,183,380 $20,992,421,949
2021 $1,186,509,691,087 $23,131,941,557
2020 $1,059,054,842,698 $31,712,128,254
2019 $1,119,099,871,350 $51,605,959,131
2018 $1,042,271,532,989 $54,901,519,156
2017 $1,015,618,744,160 $53,027,680,686
2016 $931,877,364,038 $51,147,308,774
2015 $860,854,232,686 $49,929,337,837
2014 $890,814,755,534 $48,095,213,747
2013 $912,524,136,718 $46,880,103,081
2012 $917,869,913,333 $44,016,799,516
2011 $892,969,104,563 $39,927,125,962
2010 $755,094,157,622 $38,443,907,042
2009 $539,580,085,612 $35,399,582,929
2008 $510,228,634,992 $29,118,916,105
2007 $432,216,737,775 $24,827,355,015
2006 $364,570,515,618 $22,022,709,851
2005 $285,868,619,196 $21,497,336,499
2004 $256,836,875,295 $21,159,827,992
2003 $234,772,463,824 $20,082,918,740
2002 $195,660,611,165 $19,152,238,806
2001 $160,446,947,785 $17,649,751,244
2000 $165,021,012,078 $17,260,364,842
1999 $140,001,351,215 $17,391,056,369
1998 $95,445,547,873 $17,247,179,006
1997 $215,748,998,610 $15,751,867,489
1996 $227,369,679,375 $13,690,217,334
1995 $202,132,028,723 $11,718,795,529
1994 $176,892,143,932 $9,599,127,050
1993 $158,006,700,302 $7,941,744,492
1992 $128,026,966,580 $5,843,579,161
1991 $116,621,996,217 $4,690,415,093
1990 $106,140,727,334 $2,838,485,354
1989 $94,451,427,877 $2,717,998,688
1988 $84,300,174,486 $3,313,540,068
1987 $75,929,617,558 -
1986 $79,954,072,545 -
1985 $85,289,488,375 -
1984 $84,853,700,028 -
1983 $81,052,283,384 -
1982 $90,158,449,295 -
1981 $85,518,233,419 -
1980 $72,482,337,397 -
1979 $51,400,186,343 -
1978 $51,455,719,076 -
1977 $45,808,915,663 -
1976 $37,269,156,627 -
1975 $30,463,855,422 -
1974 $25,802,409,639 -
1973 $16,273,253,012 -
1972 $10,997,590,361 -
1971 $9,333,536,370 -
1970 $9,150,684,932 -
1969 $8,337,423,313 -
1968 $7,076,465,300 -
1967 $5,667,756,628 -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

GDP per capita in Indonesia vs Lebanon by year

Indonesia
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Indonesia Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,060 - - -
2024 $4,925 $16,448 $4,473 -
2023 $4,876 $15,416 $3,478 $12,575
2022 $4,731 $14,285 $3,654 $12,293
2021 $4,287 $12,757 $4,045 $11,600
2020 $3,854 $11,729 $5,561 $16,260
2019 $4,107 $11,986 $8,906 $21,710
2018 $3,861 $11,372 $9,175 $21,985
2017 $3,799 $10,688 $8,608 $20,964
2016 $3,521 $10,263 $8,089 $18,941
2015 $3,288 $10,028 $7,714 $17,046
2014 $3,441 $10,065 $7,578 $16,140
2013 $3,567 $9,866 $8,162 $16,316
2012 $3,632 $9,530 $8,407 $16,121
2011 $3,579 $8,937 $7,835 $14,975
2010 $3,066 $8,353 $7,626 $14,704
2009 $2,218 $7,868 $7,091 $13,586
2008 $2,125 $7,569 $5,912 $12,416
2007 $1,823 $7,096 $5,125 $11,356
2006 $1,558 $6,583 $4,635 $10,312
2005 $1,238 $6,134 $4,602 $10,020
2004 $1,127 $5,700 $4,601 $9,609
2003 $1,043 $5,353 $4,438 $8,914
2002 $881 $5,076 $4,291 $8,586
2001 $732 $4,849 $4,010 $8,289
2000 $764 $4,639 $3,987 $7,938
1999 $657 $4,386 $4,087 $7,793
1998 $455 $4,356 $4,125 $7,861
1997 $1,045 $5,037 $3,834 $7,632
1996 $1,119 $4,807 $3,393 $7,560
1995 $1,011 $4,451 $2,959 $6,796
1994 $900 $4,096 $2,468 $6,367
1993 $817 $3,793 $2,079 $5,871
1992 $674 $3,538 $1,559 $5,279
1991 $624 $3,305 $1,278 $4,527
1990 $578 $3,044 $790 $2,990
1989 $524 - $771 -
1988 $477 - $959 -
1987 $438 - - -
1986 $470 - - -
1985 $511 - - -
1984 $520 - - -
1983 $508 - - -
1982 $578 - - -
1981 $561 - - -
1980 $487 - - -
1979 $353 - - -
1978 $362 - - -
1977 $331 - - -
1976 $275.7 - - -
1975 $231.1 - - -
1974 $200.7 - - -
1973 $129.9 - - -
1972 $90.1 - - -
1971 $78.5 - - -
1970 $79.1 - - -
1969 $74.1 - - -
1968 $64.7 - - -
1967 $53.2 - - -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

Indonesia's GDP per capita is $5,060, ranking 123/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Indonesia ranks 107th at $16,448, while Lebanon ranks 123rd at $12,575.

Economic indicators

Indonesia Lebanon
Gross domestic product
$1.45T
2025
$26B
2024
GDP rank
17/197
2025
121/197
2024
GDP growth
5.11%
2024-2025
-7.08%
2023-2024
GDP per capita
$5,060
2025
$4,473
2024
GDP per capita rank
123/197
2025
129/197
2024
GDP per capita, PPP
$16,448
2024
$12,575
2023
GDP per capita PPP rank
107/197
2024
123/197
2023
Government debt
$593B
2025
$41B
2024
Debt-to-GDP ratio
41%
2025
139.4%
2025
Government debt per person
$2,076
2025
$7,061
2024
Government debt per person rank
119/185
2025
71/185
2024
Average annual personal income after taxes
$3,470
2026
$3,055
2026
Market capitalization of domestic companies
$950B
2025
$10.6B
2021
Number of millionaires
178,605
2024
n/a
Number of billionaires
33
2026
6
2026
Income share by richest 10%
28.7%
2025
25.6%
2022
Income share by poorest 10%
3.5%
2025
2.8%
2022
Government expenditure, % of GDP
16.2%
2025
15.5%
2025
Consumer prices inflation
1.91%
2024-2025
14.6%
2024-2025
Central bank interest rate
5.5%
2026
20%
2023
Unemployment rate
3.31%
2023
11.3%
2019
Population
289027659
5921719

Spending and national debt comparison by year

Indonesia
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Indonesia Lebanon
Government spending Government debt Government spending Government debt
2025 16.2% 41% 15.5% 139.4%
2024 16.9% 40.2% 15.3% 157.9%
2023 16.6% 39.6% 14.3% 185.8%
2022 17.3% 40.1% 12.9% 235.9%
2021 18.1% 41.1% 10.5% 346%
2020 18.4% 39.7% 24.5% 157.2%
2019 16.4% 30.6% 31.3% 171.9%
2018 16.6% 30.4% 32.1% 154%
2017 16.4% 29.4% 30.7% 150.4%
2016 16.9% 28% 28.6% 147.9%
2015 17.6% 27% 26.7% 140.9%
2014 18.4% 24.6% 28.9% 138.5%
2013 18.8% 24.9% 28.9% 135.4%
2012 18.8% 23% 30.2% 131.1%
2011 17.7% 23.1% 28.8% 134.4%
2010 16.9% 26.4% 29.2% 136.8%
2009 17% 26.5% 32.1% 144.5%
2008 19.4% 30.3% 34.3% 161.5%
2007 18.7% 38.1% 35.2% 169.3%
2006 18.4% 35.8% 36.1% 183.3%
2005 17.4% 42.6% 31.4% 178.9%
2004 17.8% 51.3% 33.3% 169.5%
2003 18.2% 55.6% 36.4% 171.3%
2002 16.9% 62.3% 36.8% 163.1%
2001 19.5% 73.7% 38.9% 163.1%
2000 15.3% 87.4% 42.8% 148.1%
1999 15.1% 95.9% 35.6% 130.2%
1998 15.1% 72.5% 34.7% 108.2%
1997 15.2% 26.4% 40.5% 100.2%
1996 11.5% 27.5% 43.6% 101.2%
1995 11.9% 32% 31.1% 79.6%
1994 13.5% 37% 47.3% 71.5%
1993 14.1% 40.4% 23% 50.5%
1992 16.8% 42.6% 36.1% 51.7%
1991 15% 39.2% 35.6% 67.1%
1990 15.8% 40.8% 40% 99.7%
1989 16.5% 42.5% - -
1988 17.3% 45.6% - -
1987 18% 49.7% - -
1986 20.9% 38.3% - -
1985 18.5% 28% - -
1984 16.1% 23.5% - -
1983 18.2% 23.1% - -
1982 18.8% 18.6% - -
1981 24.4% 16.4% - -
1980 22.1% 17.3% - -
1979 20.9% 22% - -
1978 20.1% 30.3% - -
1977 19.5% 27.7% - -
1976 21.8% 38.1% - -
1975 20.5% 36.7% - -
1974 17.3% 34.4% - -
1973 16.3% 43.1% - -
1972 15.7% 51.2% - -
1971 14.5% 50.5% - -
1970 13.8% 46.7% - -
1969 12.8% - - -
1968 8.82% - - -
1967 10.4% - - -
1966 9.18% - - -
1965 10.7% - - -
1964 9.55% - - -
1963 10.3% - - -
1962 7.89% - - -
1961 15.1% - - -
1960 14.4% - - -

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/indonesia/lebanon | CC BY

In 2025, Indonesia's government spending was $234B, accounting for 16.2% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 41% in Indonesia and 139.4% in Lebanon, ranking 130/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Indonesia

Lebanon
1x
Year Deficit/surplus, % of GDP
Indonesia Lebanon
2025 -2.92% 3.25%
2024 -2.28% 0.39%
2023 -1.64% -1.64%
2022 -2.31% -7.49%
2021 -4.4% -2.57%
2020 -6.07% -7.79%
2019 -2.09% -10.5%
2018 -1.69% -11.2%
2017 -2.26% -8.68%
2016 -2.56% -8.98%
2015 -2.72% -7.49%
2014 -1.8% -6.22%
2013 -1.96% -8.83%
2012 -1.59% -8.43%
2011 -0.7% -5.94%
2010 -1.24% -7.47%
2009 -1.64% -8.1%
2008 0.05% -9.86%
2007 -0.95% -10.9%
2006 0.45% -10.6%
2005 0.46% -8.57%
2004 -0.26% -9.83%
2003 -1.08% -14%
2002 -0.58% -16.2%
2001 -1.76% -21%
2000 -1.87% -23.9%
1999 -0.96% -16.7%
1998 -1.89% -17.3%
1997 -1.03% -24.5%
1996 0.96% -25.7%
1995 0.64% -13.6%
1994 0.005% -29.1%
1993 -0.59% -7.19%
1992 -1.54% -24%
1991 0.51% -19.5%
1990 0.97% -30.2%
1989 -1.72% -
1988 -2.68% -
1987 -0.9% -
1986 -2.94% -
1985 -0.45% -
1984 1.83% -
1983 -1% -
1982 -1.11% -
1981 -0.69% -
1980 -0.82% -
1979 -0.67% -
1978 -2.03% -
1977 -0.38% -
1976 -2.63% -
1975 -2.33% -
1974 -0.35% -
1973 -1.33% -
1972 -1.82% -
1971 -2.51% -
1970 -3.02% -
1969 -2.8% -
1968 0% -
1967 -0.35% -
1966 -5.06% -
1965 -6.62% -
1964 -5.58% -
1963 -5.24% -
1962 -3.1% -
1961 -4.57% -
1960 -1.65% -
1959 -4.06% -
1958 -6.67% -
1957 -2.92% -
1956 -1.38% -
1955 -1.6% -
1954 -3.16% -
1953 -2.33% -
1952 -3.66% -
1951 1.52% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-07-08).

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

In 2024, Indonesia's government deficit, the difference between spending and revenue, was $31.9B, equivalent to 2.28% of GDP. This compares to Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 35 years, Indonesia recorded a fiscal deficit in 27 of those years, while Lebanon ran a deficit in 34 years. On average, Indonesia posted an annual deficit equal to 1.3% of GDP, compared to deficit of 12.7% of GDP for Lebanon.

Inflation comparison by year

Inflation
Indonesia

Lebanon
1x
Year Consumer prices inflation
Indonesia Lebanon
2025 1.91% 14.6%
2024 2.18% 45.2%
2023 3.67% 221.3%
2022 4.21% 171.2%
2021 1.56% 154.8%
2020 1.92% 84.9%
2019 3.03% 2.9%
2018 3.2% 6.1%
2017 3.81% 4.4%
2016 3.53% -0.8%
2015 6.36% -3.7%
2014 6.39% 1.9%
2013 6.41% 4.8%
2012 4.28% 6.6%
2011 5.36% 5%
2010 5.13% 4%
2009 4.39% 1.2%
2008 10.2% 10.7%
2007 6.41% 4.1%
2006 13.1% 4.1%
2005 10.5% -1.4%
2004 6.06% 1.7%
2003 6.76% 1.3%
2002 11.9% 1.8%
2001 11.5% -0.4%
2000 3.69% -0.4%
1999 20.5% 0.2%
1998 58.5% 4.5%
1997 6.23% 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/indonesia/lebanon | CC BY

Over the past 29 years, Indonesia has recorded an average annual inflation rate of 8.02%, compared with 26.1% in Lebanon. In 2025, inflation was 1.91% in Indonesia and 14.6% in Lebanon.

Top exports between countries

Indonesia
Export category Export value
Wood & paper products $68.9M
Processed food, beverages & tobacco $55M
Machinery & equipment $33.2M
Chemicals & pharma $5.45M
Raw agricultural goods $5.05M
Textiles & consumer goods $2.9M
Animal & marine products $1.68M
Raw materials & minerals $1.16M
Miscellaneous $391K
Metals $318K
Lebanon
Export category Export value
Wood & paper products $4.36M
Chemicals & pharma $167K
Processed food, beverages & tobacco $111K
Raw agricultural goods $48K
Machinery & equipment $29K
Miscellaneous $1K
Raw materials & minerals $1K
Textiles & consumer goods $1K

Balance of trade

Indonesia Lebanon
Current account balance
-$1.52B
2025
-$5.64B
2023
Current account balance ranking
129/190
2025
166/190
2023
Current account balance, % of GDP
-0.11%
2025
-28.1%
2023
Goods imports
$231B
2025
$16.7B
2023
Goods exports
$280B
2025
$3.85B
2023
Service imports
$63B
2025
$6.63B
2023
Service exports
$42.5B
2025
$7.92B
2023
Imports of goods and services, % of GDP
20.5%
2025
58.9%
2024
Exports of goods and services, % of GDP
22.8%
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.

Indonesia Lebanon
Economic freedom 65.1 43.1
Economic freedom ranking 67/197 183/197
Property rights 39.7 21.8
Government integrity 42 23.4
Judicial effectiveness 43.1 23.8
Tax burden 81.5 90.3
Government spending 91.4 93.3
Fiscal health 89.8 63.4
Business freedom 69.2 47.6
Labor freedom 56.8 48.4
Monetary freedom 79.4 0
Trade freedom 78.6 65.6
Investment freedom 50 20
Financial freedom 60 20

Economic freedom comparison by year

Indonesia
Lebanon
1x
Year Economic freedom index
Indonesia Lebanon
2026 65.1 43.1
2025 65.2 44.1
2024 63.5 48.3
2023 63.5 45.6
2022 64.4 47.3
2021 66.9 51.4
2020 67.2 51.7
2019 65.8 51.1
2018 64.2 53.2
2017 61.9 53.3
2016 59.4 59.5
2015 58.1 59.3
2014 58.5 59.4
2013 56.9 59.5
2012 56.4 60.1
2011 56 60.1
2010 55.5 59.5
2009 53.4 58.1
2008 53.2 60
2007 53.2 60.4
2006 51.9 57.5
2005 52.9 57.2
2004 52.1 56.9
2003 55.8 56.7
2002 54.8 57.1
2001 52.5 61
2000 55.2 56.1
1999 61.5 59.1
1998 63.4 59
1997 62 63.9
1996 61 63.2
1995 54.9 -

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

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

The Economic Freedom Index for Indonesia is 65.1, ranking 67/197, 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

Indonesia Lebanon
Services, % of GDP
43.9%
2025
35.7%
2024
Industry, % of GDP
38.7%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
13.1%
2025
1.05%
2024
GNI, Atlas method
$1.46T
2025
$20.7B
2024
GNI per capita, PPP
$17,190
2025
$11,790
2024
Total reserves including gold
$157B
2025
$33.3B
2024
Total reserves ranking
22/177
2025
56/177
2024
Net foreign direct investment
-$14.4B
2025
-$583M
2023
Net inflows of foreign direct investment
$24.3B
2024
$1.84B
2024
Net outflows of foreign direct investment
$8.39B
2024
$391M
2024
Servicing debt to the IMF, % of GNI
5.64%
2024
9.68%
2024
Poverty at national poverty lines
9%
2024
27.4%
2012
Gross capital formation, % of GDP
30.6%
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/indonesia/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2025, 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 (1951–1999, 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.