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Economy of Ivory Coast vs Lebanon compared: GDP & Debt

Updated on by Georank team

Ivory Coast has a GDP of $87.1B compared to $20.1B for Lebanon, ranking 77/197 and 128/197 by economy size, respectively.

Ivory Coast has $51.6B in government debt (59.3% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Ivory Coast vs Lebanon GDP by year

Ivory Coast
Lebanon
1x
Year GDP, current $
Ivory Coast Lebanon
2024 $87,113,179,149 -
2023 $80,780,312,569 $20,078,620,357
2022 $70,922,824,814 $20,992,421,949
2021 $72,794,636,654 $23,131,941,557
2020 $63,027,852,805 $31,712,128,254
2019 $60,382,894,697 $51,605,959,131
2018 $58,522,477,787 $54,901,519,156
2017 $52,512,343,997 $53,027,680,686
2016 $48,407,761,037 $51,147,308,774
2015 $45,815,005,169 $49,929,337,837
2014 $48,843,005,614 $48,095,213,747
2013 $42,760,235,485 $46,880,103,081
2012 $36,302,302,877 $44,016,799,516
2011 $36,693,710,801 $39,927,125,962
2010 $34,936,307,980 $38,443,907,042
2009 $33,886,813,250 $35,399,582,929
2008 $34,078,240,293 $29,118,916,105
2007 $28,760,090,953 $24,827,355,015
2006 $25,281,413,263 $22,022,709,851
2005 $24,036,918,703 $21,497,336,499
2004 $23,510,575,681 $21,159,827,992
2003 $21,251,754,340 $20,082,918,740
2002 $18,054,383,321 $19,152,238,806
2001 $16,810,537,044 $17,649,751,244
2000 $16,577,533,892 $17,260,364,842
1999 $18,870,992,456 $17,391,056,369
1998 $19,619,654,756 $17,247,179,006
1997 $18,047,558,038 $15,751,867,489
1996 $18,071,152,831 $13,690,217,334
1995 $11,000,146,267 $11,718,795,529
1994 $8,313,557,510 $9,599,127,050
1993 $11,045,760,288 $7,941,744,492
1992 $11,152,971,274 $5,843,579,161
1991 $10,492,628,581 $4,690,415,093
1990 $10,795,850,583 $2,838,485,354
1989 $9,757,410,645 $2,717,998,688
1988 $10,255,169,806 $3,313,540,068
1987 $10,087,654,465 -
1986 $9,158,302,100 -
1985 $6,977,650,644 -
1984 $6,841,639,247 -
1983 $6,838,184,773 -
1982 $7,567,110,849 -
1981 $8,432,589,942 -
1980 $10,175,617,609 -
1979 $9,142,933,967 -
1978 $7,900,526,298 -
1977 $6,265,068,189 -
1976 $4,662,053,825 -
1975 $3,893,839,190 -
1974 $3,070,152,309 -
1973 $2,508,421,426 -
1972 $1,849,400,402 -
1971 $1,584,128,509 -
1970 $1,455,482,795 -
1969 $1,361,360,293 -
1968 $1,281,281,277 -
1967 $1,082,922,725 -
1966 $1,024,102,880 -
1965 $919,771,229 -
1964 $921,063,327 -
1963 $761,047,198 -
1962 $645,284,474 -
1961 $618,245,634 -
1960 $546,203,559 -

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

GeoRank.org/economy/ivory-coast/lebanon | CC BY

GDP per capita in Ivory Coast vs Lebanon by year

Ivory Coast
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ivory Coast Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,728 $7,669 - -
2023 $2,592 $7,237 $3,478 $12,575
2022 $2,333 $6,719 $3,654 $12,293
2021 $2,456 $6,045 $4,045 $11,600
2020 $2,180 $5,544 $5,561 $16,260
2019 $2,142 $5,516 $8,906 $21,710
2018 $2,131 $4,946 $9,175 $21,985
2017 $1,964 $4,690 $8,608 $20,964
2016 $1,863 $4,531 $8,089 $18,941
2015 $1,815 $4,404 $7,714 $17,046
2014 $1,991 $4,074 $7,578 $16,140
2013 $1,786 $3,619 $8,162 $16,316
2012 $1,547 $3,291 $8,407 $16,121
2011 $1,597 $3,176 $7,835 $14,975
2010 $1,554 $3,361 $7,626 $14,704
2009 $1,540 $3,177 $7,091 $13,586
2008 $1,584 $3,116 $5,912 $12,416
2007 $1,368 $2,985 $5,125 $11,356
2006 $1,230 $2,942 $4,635 $10,312
2005 $1,198 $2,842 $4,602 $10,020
2004 $1,200 $2,794 $4,601 $9,609
2003 $1,111 $2,702 $4,438 $8,914
2002 $968 $2,851 $4,291 $8,586
2001 $925 $2,962 $4,010 $8,289
2000 $937 $3,041 $3,987 $7,938
1999 $1,096 $3,065 $4,087 $7,793
1998 $1,177 $3,086 $4,125 $7,861
1997 $1,125 $3,040 $3,834 $7,632
1996 $1,170 $2,832 $3,393 $7,560
1995 $740 $2,683 $2,959 $6,796
1994 $582 $2,551 $2,468 $6,367
1993 $804 $2,577 $2,079 $5,871
1992 $845 $2,625 $1,559 $5,279
1991 $827 $2,677 $1,278 $4,527
1990 $886 $2,693 $790 $2,990
1989 $833 - $771 -
1988 $910 - $959 -
1987 $930 - - -
1986 $877 - - -
1985 $695 - - -
1984 $709 - - -
1983 $737 - - -
1982 $849 - - -
1981 $986 - - -
1980 $1,238 - - -
1979 $1,157 - - -
1978 $1,039 - - -
1977 $856 - - -
1976 $661 - - -
1975 $575 - - -
1974 $474 - - -
1973 $406 - - -
1972 $313 - - -
1971 $280.3 - - -
1970 $269 - - -
1969 $262.2 - - -
1968 $256.8 - - -
1967 $225.6 - - -
1966 $221.8 - - -
1965 $207 - - -
1964 $215.5 - - -
1963 $185.1 - - -
1962 $163.1 - - -
1961 $162.3 - - -
1960 $148.7 - - -

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

GeoRank.org/economy/ivory-coast/lebanon | CC BY

Ivory Coast's GDP per capita is $2,728, ranking 142/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Ivory Coast ranks 145th at $7,669, while Lebanon ranks 123rd at $12,575.

Economic indicators

Ivory Coast Lebanon
Gross domestic product
$87.1B
2024
$20.1B
2023
GDP rank
77/197
2024
128/197
2023
GDP growth
6.02%
2023-2024
-0.76%
2022-2023
GDP per capita
$2,728
2024
$3,478
2023
GDP per capita rank
142/197
2024
135/197
2023
GDP per capita, PPP
$7,669
2024
$12,575
2023
GDP per capita PPP rank
145/197
2024
123/197
2023
Government debt
$51.6B
2024
$38.7B
2023
Debt-to-GDP ratio
59.3%
2024
163.8%
2024
Government debt per person
$1,616
2024
$6,704
2023
Government debt per person rank
125/185
2024
70/185
2023
Average annual personal income after taxes
$2,733
2026
$3,560
2026
Market capitalization of domestic companies
$7.33B
2020
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
27.8%
2021
25.1%
2022
Income share by poorest 10%
3.1%
2021
2.8%
2022
Government expenditure, % of GDP
20.4%
2024
16.5%
2024
Consumer prices inflation
3.45%
2023-2024
45.2%
2023-2024
Central bank interest rate n/a
20%
2023
Unemployment rate
2.31%
2022
11.3%
2019
Population
33722528
5906622

Spending and national debt comparison by year

Ivory Coast
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Ivory Coast Lebanon
Government spending Government debt Government spending Government debt
2024 20.4% 59.3% 16.5% 163.8%
2023 21.3% 57.5% 14.9% 192.8%
2022 21.9% 56% 13.4% 244.6%
2021 20.5% 50.2% 10.9% 358%
2020 20.4% 46.3% 23.2% 148.7%
2019 17.2% 37.2% 31.3% 172.1%
2018 17.6% 35.3% 32.3% 155.1%
2017 18.1% 32.6% 30.6% 150%
2016 17.6% 31.1% 28.3% 146.4%
2015 16.5% 29.2% 26.7% 140.8%
2014 15.2% 26.7% 28.8% 138.4%
2013 15.9% 24.6% 28.9% 135.4%
2012 16.1% 24.7% 30.2% 131.1%
2011 13.2% 50% 28.8% 134.4%
2010 14.5% 45.6% 29.2% 136.8%
2009 14.4% 46.5% 32.1% 144.5%
2008 14.6% 51.2% 34.3% 161.5%
2007 14.8% 53.5% 35.2% 169.3%
2006 14.5% 57.5% 36.1% 183.3%
2005 13.6% 58.2% 31.4% 178.9%
2004 13.5% 56.7% 33.3% 169.5%
2003 12.7% 56.4% 36.4% 171.3%
2002 13.1% 63% 36.8% 163.1%
2001 11.4% 71.2% 38.9% 163.1%
2000 12.9% 74% 42.8% 148.1%
1999 13.7% 78% 35.6% 130.2%
1998 14.6% 75.2% 34.7% 108.2%
1997 15.2% 84.2% 40.5% 100.2%
1996 - - 43.6% 101.2%
1995 - - 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20).

GeoRank.org/economy/ivory-coast/lebanon | CC BY

In 2024, Ivory Coast's government spending was $17.7B, accounting for 20.4% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 59.3% in Ivory Coast and 163.8% in Lebanon, ranking 82/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Ivory Coast

Lebanon
1x
Year Deficit/surplus, % of GDP
Ivory Coast Lebanon
2024 -3.97% -0.19%
2023 -5.19% -1.7%
2022 -6.74% -7.77%
2021 -4.86% -2.67%
2020 -5.42% -7.37%
2019 -2.22% -10.5%
2018 -2.9% -11.3%
2017 -3.27% -8.65%
2016 -2.98% -8.88%
2015 -2.04% -7.48%
2014 -1.57% -6.22%
2013 -1.62% -8.82%
2012 -2.28% -8.43%
2011 -2.89% -5.94%
2010 -1.34% -7.47%
2009 -1% -8.1%
2008 -0.21% -9.86%
2007 -0.39% -10.9%
2006 -1.03% -10.6%
2005 -1.03% -8.57%
2004 -1.04% -9.83%
2003 -1.26% -14%
2002 -0.64% -16.2%
2001 0.7% -21%
2000 -0.83% -23.9%
1999 -1.27% -16.7%
1998 -0.7% -17.3%
1997 -0.75% -24.5%
1996 - -25.7%
1995 - -13.6%
1994 - -29.1%
1993 - -7.19%
1992 - -24%
1991 - -19.5%
1990 - -30.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/ivory-coast/lebanon | CC BY

In 2023, Ivory Coast's government deficit, the difference between spending and revenue, was $4.2B, equivalent to 5.19% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 27 years, Ivory Coast recorded a fiscal deficit in 26 of those years, while Lebanon ran a deficit in 27 years. On average, Ivory Coast posted an annual deficit equal to 2.03% of GDP, compared to deficit of 10.9% of GDP for Lebanon.

Inflation comparison by year

Inflation
Ivory Coast

Lebanon
1x
Year Consumer prices inflation
Ivory Coast Lebanon
2024 3.45% 45.2%
2023 4.37% 221.3%
2022 5.23% 171.2%
2021 4.16% 154.8%
2020 2.41% 84.9%
2019 0.79% 2.9%
2018 0.4% 6.1%
2017 0.69% 4.5%
2016 0.72% -0.8%
2015 1.25% -3.8%
2014 0.45% 1.1%
2013 2.58% 5.6%
2012 1.3% 6.6%
2011 4.91% 5%
2010 1.23% 4%
2009 1.02% 1.2%
2008 6.31% 10.7%
2007 1.89% 4.1%
2006 2.47% 4.1%
2005 3.89% -1.4%
2004 1.46% 1.7%
2003 3.3% 1.3%
2002 3.08% 1.8%
2001 4.36% -0.4%
2000 2.53% -0.4%
1999 0.7% 0.2%
1998 4.61% 4.5%
1997 4.02% 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/ivory-coast/lebanon | CC BY

Over the past 28 years, Ivory Coast has recorded an average annual inflation rate of 2.63%, compared with 26.6% in Lebanon. In 2024, inflation was 3.45% in Ivory Coast and 45.2% in Lebanon.

Top exports between countries

Ivory Coast
Export category Export value
Raw agricultural goods $5.76M
Processed food, beverages & tobacco $569K
Wood & paper products $294K
Precious metals & jewellery $208K
Machinery & equipment $153K
Chemicals & pharma $131K
Animal & marine products $48K
Textiles & consumer goods $11K
Raw materials & minerals $10K
Metals $1K
Lebanon
Export category Export value
Machinery & equipment $27.8M
Metals $14.3M
Processed food, beverages & tobacco $9.85M
Chemicals & pharma $5.56M
Wood & paper products $4.64M
Textiles & consumer goods $3.99M
Raw agricultural goods $2.71M
Raw materials & minerals $1.04M
Miscellaneous $236K
Animal & marine products $212K

Balance of trade

Ivory Coast Lebanon
Current account balance
-$9.21B
2023
-$5.64B
2023
Current account balance ranking
175/190
2023
168/190
2023
Current account balance, % of GDP
-11.4%
2023
-28.1%
2023
Goods imports
$15.4B
2023
$16.7B
2023
Goods exports
$17.1B
2023
$3.85B
2023
Service imports
$8.78B
2023
$6.63B
2023
Service exports
$1.5B
2023
$7.92B
2023
Imports of goods and services, % of GDP
25.2%
2024
73.7%
2023
Exports of goods and services, % of GDP
26%
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.

Ivory Coast Lebanon
Economic freedom 58.1 43.1
Economic freedom ranking 111/197 183/197
Property rights 43.9 21.8
Government integrity 39.3 23.4
Judicial effectiveness 30.2 23.8
Tax burden 81.6 90.3
Government spending 86.6 93.3
Fiscal health 48 63.4
Business freedom 68.3 47.6
Labor freedom 57.1 48.4
Monetary freedom 67.6 0
Trade freedom 74.4 65.6
Investment freedom 50 20
Financial freedom 50 20

Economic freedom comparison by year

Ivory Coast
Lebanon
1x
Year Economic freedom index
Ivory Coast Lebanon
2026 58.1 43.1
2025 57.8 44.1
2024 58.4 48.3
2023 60.4 45.6
2022 61.6 47.3
2021 61.7 51.4
2020 59.7 51.7
2019 62.4 51.1
2018 62 53.2
2017 63 53.3
2016 60 59.5
2015 58.5 59.3
2014 57.7 59.4
2013 54.1 59.5
2012 54.3 60.1
2011 55.4 60.1
2010 54.1 59.5
2009 55 58.1
2008 53.9 60
2007 54.9 60.4
2006 56.2 57.5
2005 56.6 57.2
2004 57.8 56.9
2003 56.7 56.7
2002 57.3 57.1
2001 54.8 61
2000 50.2 56.1
1999 51.7 59.1
1998 51.3 59
1997 50.5 63.9
1996 49.9 63.2
1995 53.4 -

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

GeoRank.org/economy/ivory-coast/lebanon | CC BY

The Economic Freedom Index for Ivory Coast is 58.1, ranking 111/197, 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

Ivory Coast Lebanon
Services, % of GDP
51.9%
2024
42.4%
2023
Industry, % of GDP
24%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
0.97%
2023
GNI, Atlas method
$80.9B
2024
$21.4B
2023
GNI per capita, PPP
$7,360
2024
$12,420
2023
Total reserves including gold n/a
$33.3B
2024
Total reserves ranking n/a
54/177
2024
Net foreign direct investment
-$2B
2023
-$583M
2023
Net inflows of foreign direct investment
$3.12B
2024
$1.84B
2024
Net outflows of foreign direct investment
$228M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
6.44%
2024
22%
2023
Poverty at national poverty lines
37.5%
2021
27.4%
2012
Gross capital formation, % of GDP
20.9%
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/ivory-coast/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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2023–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20)
  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.