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Economy of Laos vs Lebanon compared: GDP & Debt

Updated on by Georank

Laos has a GDP of $18.3B compared to $26B for Lebanon, ranking 138/197 and 121/197 by economy size, respectively.

Laos has $14.8B in government debt (80.6% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Laos vs Lebanon GDP by year

Laos
Lebanon
1x
Year GDP, current $
Laos Lebanon
2025 $18,302,970,219 -
2024 $16,502,933,121 $25,971,643,441
2023 $15,843,155,731 $20,078,620,357
2022 $15,468,785,204 $20,992,421,949
2021 $18,827,148,531 $23,131,941,557
2020 $18,981,805,250 $31,712,128,254
2019 $18,740,561,513 $51,605,959,131
2018 $18,141,641,090 $54,901,519,156
2017 $17,071,155,481 $53,027,680,686
2016 $15,912,501,723 $51,147,308,774
2015 $14,426,380,126 $49,929,337,837
2014 $13,279,245,886 $48,095,213,747
2013 $11,983,252,627 $46,880,103,081
2012 $10,192,846,339 $44,016,799,516
2011 $8,750,104,617 $39,927,125,962
2010 $7,131,771,015 $38,443,907,042
2009 $5,836,137,330 $35,399,582,929
2008 $5,446,433,157 $29,118,916,105
2007 $4,223,152,739 $24,827,355,015
2006 $3,455,030,061 $22,022,709,851
2005 $2,735,558,735 $21,497,336,499
2004 $2,366,398,120 $21,159,827,992
2003 $2,023,324,407 $20,082,918,740
2002 $1,758,176,653 $19,152,238,806
2001 $1,768,619,058 $17,649,751,244
2000 $1,731,198,022 $17,260,364,842
1999 $1,454,430,642 $17,391,056,369
1998 $1,280,177,839 $17,247,179,006
1997 $1,747,011,857 $15,751,867,489
1996 $1,873,671,550 $13,690,217,334
1995 $1,763,536,305 $11,718,795,529
1994 $1,543,606,345 $9,599,127,050
1993 $1,327,748,690 $7,941,744,492
1992 $1,127,806,945 $5,843,579,161
1991 $1,028,087,972 $4,690,415,093
1990 $865,559,879 $2,838,485,354
1989 $714,046,821 $2,717,998,688
1988 $598,961,269 $3,313,540,068
1987 $1,087,273,104 -
1986 $1,776,842,097 -
1985 $2,366,666,616 -
1984 $1,757,142,856 -

Data sources: World Bank | Economy & Growth (1984–2025, retrieved 2026-07-08).

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

GDP per capita in Laos vs Lebanon by year

Laos
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,325 - - -
2024 $2,124 $9,776 $4,473 -
2023 $2,067 $9,292 $3,478 $12,575
2022 $2,046 $8,766 $3,654 $12,293
2021 $2,526 $8,080 $4,045 $11,600
2020 $2,584 $7,913 $5,561 $16,260
2019 $2,589 $7,743 $8,906 $21,710
2018 $2,545 $7,487 $9,175 $21,985
2017 $2,432 $7,142 $8,608 $20,964
2016 $2,303 $6,743 $8,089 $18,941
2015 $2,121 $6,086 $7,714 $17,046
2014 $1,981 $5,799 $7,578 $16,140
2013 $1,813 $5,222 $8,162 $16,316
2012 $1,564 $4,781 $8,407 $16,121
2011 $1,362 $4,100 $7,835 $14,975
2010 $1,126 $3,772 $7,626 $14,704
2009 $935 $3,485 $7,091 $13,586
2008 $886 $3,271 $5,912 $12,416
2007 $697 $3,021 $5,125 $11,356
2006 $579 $2,777 $4,635 $10,312
2005 $466 $2,519 $4,602 $10,020
2004 $409 $2,315 $4,601 $9,609
2003 $355 $2,151 $4,438 $8,914
2002 $313 $2,020 $4,291 $8,586
2001 $320 $1,908 $4,010 $8,289
2000 $319 $1,794 $3,987 $7,938
1999 $272.3 $1,686 $4,087 $7,793
1998 $243.9 $1,577 $4,125 $7,861
1997 $339 $1,528 $3,834 $7,632
1996 $371 $1,435 $3,393 $7,560
1995 $358 $1,349 $2,959 $6,796
1994 $321 $1,265 $2,468 $6,367
1993 $283.4 $1,176 $2,079 $5,871
1992 $247.3 $1,114 $1,559 $5,279
1991 $231.8 $1,061 $1,278 $4,527
1990 $200.7 $1,012 $790 $2,990
1989 $170.4 - $771 -
1988 $147.1 - $959 -
1987 $274.7 - - -
1986 $462 - - -
1985 $633 - - -
1984 $483 - - -

Data sources: World Bank | Economy & Growth (1984–2025, retrieved 2026-07-08).

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

Laos' GDP per capita is $2,325, ranking 155/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Lebanon ranks 123rd at $12,575.

Economic indicators

Laos Lebanon
Gross domestic product
$18.3B
2025
$26B
2024
GDP rank
138/197
2025
121/197
2024
GDP growth
4.54%
2024-2025
-7.08%
2023-2024
GDP per capita
$2,325
2025
$4,473
2024
GDP per capita rank
155/197
2025
129/197
2024
GDP per capita, PPP
$9,776
2024
$12,575
2023
GDP per capita PPP rank
134/197
2024
123/197
2023
Government debt
$14.8B
2025
$41B
2024
Debt-to-GDP ratio
80.6%
2025
139.4%
2025
Government debt per person
$1,874
2025
$7,061
2024
Government debt per person rank
120/185
2025
71/185
2024
Average annual personal income after taxes
$2,426
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%
28.5%
2024
25.6%
2022
Income share by poorest 10%
3.3%
2024
2.8%
2022
Government expenditure, % of GDP
17.9%
2025
15.5%
2025
Consumer prices inflation
7.7%
2024-2025
14.6%
2024-2025
Central bank interest rate n/a
20%
2023
Unemployment rate
1.21%
2022
11.3%
2019
Population
8027464
5921719

Spending and national debt comparison by year

Laos
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Laos Lebanon
Government spending Government debt Government spending Government debt
2025 17.9% 80.6% 15.5% 139.4%
2024 15.8% 94.7% 15.3% 157.9%
2023 16.5% 108.9% 14.3% 185.8%
2022 14.7% 115.7% 12.9% 235.9%
2021 15.7% 92.2% 10.5% 346%
2020 18.4% 75.4% 24.5% 157.2%
2019 18.6% 69.1% 31.3% 171.9%
2018 20.7% 60.6% 32.1% 154%
2017 21.8% 57.2% 30.7% 150.4%
2016 21.1% 54.5% 28.6% 147.9%
2015 25.8% 53.1% 26.7% 140.9%
2014 25% 53.5% 28.9% 138.5%
2013 24.2% 49.5% 28.9% 135.4%
2012 24.7% 46.1% 30.2% 131.1%
2011 20.2% 43% 28.8% 134.4%
2010 22.4% 49.3% 29.2% 136.8%
2009 20.1% 51.8% 32.1% 144.5%
2008 16.1% 51.7% 34.3% 161.5%
2007 15.1% 55.9% 35.2% 169.3%
2006 14.7% 60% 36.1% 183.3%
2005 15.3% 73.2% 31.4% 178.9%
2004 13.6% 80.7% 33.3% 169.5%
2003 16% 90.1% 36.4% 171.3%
2002 16.6% 95.3% 36.8% 163.1%
2001 18.8% 94.7% 38.9% 163.1%
2000 19.9% - 42.8% 148.1%
1999 - - 35.6% 130.2%
1998 - - 34.7% 108.2%
1997 - - 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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-07-08).

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

In 2025, Laos' government spending was $3.28B, accounting for 17.9% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 80.6% in Laos and 139.4% in Lebanon, ranking 41/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Lebanon
1x
Year Deficit/surplus, % of GDP
Laos Lebanon
2025 1.64% 3.25%
2024 2.36% 0.39%
2023 -0.01% -1.64%
2022 0.06% -7.49%
2021 -0.67% -2.57%
2020 -5.37% -7.79%
2019 -3.2% -10.5%
2018 -4.46% -11.2%
2017 -5.51% -8.68%
2016 -5.06% -8.98%
2015 -5.57% -7.49%
2014 -3.13% -6.22%
2013 -4.03% -8.83%
2012 -2.34% -8.43%
2011 -1.43% -5.94%
2010 -1.47% -7.47%
2009 -3.1% -8.1%
2008 -1.86% -9.86%
2007 -1.12% -10.9%
2006 -1.48% -10.6%
2005 -2.54% -8.57%
2004 -1.81% -9.83%
2003 -3.89% -14%
2002 -2.85% -16.2%
2001 -3.68% -21%
2000 -3.58% -23.9%
1999 - -16.7%
1998 - -17.3%
1997 - -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 (1990–2025, retrieved 2026-07-08).

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

In 2024, Laos' government surplus, the difference between spending and revenue, was $389M, equivalent to 2.36% of GDP. This compares to Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 25 years, Laos recorded a fiscal deficit in 23 of those years, while Lebanon ran a deficit in 24 years. On average, Laos posted an annual deficit equal to 2.63% of GDP, compared to deficit of 9.43% of GDP for Lebanon.

Inflation comparison by year

Inflation
Laos

Lebanon
1x
Year Consumer prices inflation
Laos Lebanon
2025 7.7% 14.6%
2024 23.1% 45.2%
2023 31.2% 221.3%
2022 23% 171.2%
2021 3.8% 154.8%
2020 5.1% 84.9%
2019 3.3% 2.9%
2018 2% 6.1%
2017 0.8% 4.4%
2016 1.6% -0.8%
2015 1.3% -3.7%
2014 4.1% 1.9%
2013 6.4% 4.8%
2012 4.3% 6.6%
2011 7.6% 5%
2010 6% 4%
2009 0.1% 1.2%
2008 7.6% 10.7%
2007 4.7% 4.1%
2006 6.5% 4.1%
2005 7.2% -1.4%
2004 10.5% 1.7%
2003 15.5% 1.3%
2002 10.6% 1.8%
2001 7.8% -0.4%
2000 8.4% -0.4%
1999 128.4% 0.2%
1998 90.1% 4.5%
1997 19.5% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Laos has recorded an average annual inflation rate of 15.5%, compared with 26.1% in Lebanon. In 2025, inflation was 7.7% in Laos and 14.6% in Lebanon.

Top exports between countries

Laos
Export category Export value
Textiles & consumer goods $5K
Lebanon
Export category Export value
Raw agricultural goods $166K

Balance of trade

Laos Lebanon
Current account balance
$531M
2024
-$5.64B
2023
Current account balance ranking
58/190
2024
166/190
2023
Current account balance, % of GDP
+3.22%
2024
-28.1%
2023
Goods imports
$8.66B
2024
$16.7B
2023
Goods exports
$9.39B
2024
$3.85B
2023
Service imports
$1.27B
2024
$6.63B
2023
Service exports
$1.73B
2024
$7.92B
2023
Imports of goods and services, % of GDP
41.9%
2016
58.9%
2024
Exports of goods and services, % of GDP
33.2%
2016
23.3%
2024

Economic freedom indices

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

Laos Lebanon
Economic freedom 50.9 43.1
Economic freedom ranking 157/197 183/197
Property rights 41.1 21.8
Government integrity 25.9 23.4
Judicial effectiveness 10.2 23.8
Tax burden 88.5 90.3
Government spending 92.7 93.3
Fiscal health 80 63.4
Business freedom 54.2 47.6
Labor freedom 40.7 48.4
Monetary freedom 53.3 0
Trade freedom 69 65.6
Investment freedom 35 20
Financial freedom 20 20

Economic freedom comparison by year

Laos
Lebanon
1x
Year Economic freedom index
Laos Lebanon
2026 50.9 43.1
2025 51.1 44.1
2024 50.6 48.3
2023 50.3 45.6
2022 49.2 47.3
2021 53.9 51.4
2020 55.5 51.7
2019 57.4 51.1
2018 53.6 53.2
2017 54 53.3
2016 49.8 59.5
2015 51.4 59.3
2014 51.2 59.4
2013 50.1 59.5
2012 50 60.1
2011 51.3 60.1
2010 51.1 59.5
2009 50.4 58.1
2008 50.3 60
2007 50.3 60.4
2006 47.5 57.5
2005 44.4 57.2
2004 42 56.9
2003 41 56.7
2002 36.8 57.1
2001 33.5 61
2000 36.8 56.1
1999 35.2 59.1
1998 35.2 59
1997 35.1 63.9
1996 38.5 63.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, 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

Laos Lebanon
Services, % of GDP
43.6%
2025
35.7%
2024
Industry, % of GDP
29.2%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
1.05%
2024
GNI, Atlas method
$16.9B
2025
$20.7B
2024
GNI per capita, PPP
$9,800
2025
$11,790
2024
Total reserves including gold
$2.21B
2024
$33.3B
2024
Total reserves ranking
125/177
2024
56/177
2024
Net foreign direct investment
-$988M
2024
-$583M
2023
Net inflows of foreign direct investment
$988M
2024
$1.84B
2024
Net outflows of foreign direct investment
$0
2024
$391M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
9.68%
2024
Poverty at national poverty lines
15%
2024
27.4%
2012
Gross capital formation, % of GDP
29%
2016
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/laos/lebanon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1984–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, 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 (2022–2023, 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.