Lebanon vs Libya: Economic Indicators Comparison

Lebanon with a GDP of $56.6B ranked the 81st largest economy in the world, while Libya ranked 86th with $48.4B. By GDP 5-years average growth and GDP per capita, Lebanon and Libya ranked 156th vs 144th and 83rd vs 91st, respectively.

Gross Domestic Product & Income

StatLebanonLibya
GDP$56.6B$48.4B
GDP growth, 1 year0.3%17.9%
GDP growth, 5-years average0.9%1.7%
Population6.1M6.7M
GDP per capita$8.3k$7.2k
GDP per capita growth-0.34%6.37%
Purchasing Power Parity conversion factor953.030.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.630.35
GDP per capita, PPP adjusted$15k$11k
GNI, Atlas method$54.2B$42.8B
GNI per capita$7.9k$6.4k
GNI, PPP adjusted$89.1B$142.5B
GNI per capita, PPP adjusted$13k$21k

Financial system and Human development

StatLebanonLibya
Income Tax Rate20%10%
Corporate Tax Rate17%N/A
Inflation, consumer prices6.1%23.1%
Inflation, GDP deflator5.9%15.8%
Unemployment6.2%17.3%
Economic Freedom Index51.747
Personal Freedom Index6.295.17
Human Freedom Index6.724.98
Property Rights Index44.630.1
Judical Effectiveness Index30.820.8
Business Freedom Index45.640.7
Fiscal Health Index0N/A
Labor Freedom Index47.853.9
Investment Freedom Index605
Financial Freedom Index50N/A
Trade Freedom Index77.4N/A
Monetary Freedom Index75.653.6
Government Spending Index72.50
Tax Burden Index90.8N/A
Government Integrity Index2518.9
Corruption Perceptions Index2817
Life expectancy at birth, years78.872.5
Suicide mortality rate, per 100,000 people3.35.2
Mortality caused by road traffic injury, per 100,000 people18.126.1
Intentional homicides, per 100,000 people42.5
International tourism, number of arrivals2M142k

Government debt & reserves

StatLebanonLibya
Central government debt, % of GDP150.9%4.9%
External debt stocks, % of GNI145.1%N/A
External debt stocks$79.3BN/A
Short-term debt, % of total reserves10.6%N/A
Total debt service, % of exports and primary income72.1%N/A
Adjusted net savings including particulate emission damage, % of GNI-16.9%35%
Gross savings, % of GDP5.5%67.3%
Gross capital formation, % of GDP19.5%29.8%
Total reserves including gold$52.4B$85.3B
Foreign direct investment net inflows$2.6B$0

Exports, imports and economic structure

StatLebanonLibya
Exports of goods and services, % of GDP23.3%62.2%
Imports of goods and services, % of GDP39.6%40.1%
Current account balance (balance of payments)-$12.4B-$4.7B
Revenue excluding grants, % of GDP19.8%N/A
Grants excluding technical cooperation, BoP$1.2B$268.9M
Personal remittances received$6.9B$16M
Industry including construction value added, % of GDP14.1%77.5%
Agriculture, forestry and fishing value added, % of GDP2.9%1.8%
Charges for the use of intellectual property, payments BoP$15.7MN/A
Charges for the use of intellectual property, receipts BoP$17.7M$10M
Expense, % of GDP25.8%N/A
Government Expenditure, % of GDP30.3%105.8%

Compare with countries close by GDP per capita

Lebanon vs

CountryGDP
per capita
Population
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k

Libya vs

CountryGDP
per capita
Population
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M