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

Stat	Lebanon	Libya
GDP	$56.6B	$48.4B
GDP growth, 1 year	0.3%	17.9%
GDP growth, 5-years average	0.9%	1.7%
Population	6.1M	6.7M
GDP per capita	$8.3k	$7.2k
GDP per capita growth	-0.34%	6.37%
Purchasing Power Parity conversion factor	953.03	0.48
Price level ratio of PPP conversion factor GDP to market exchange rate	0.63	0.35
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

Stat	Lebanon	Libya
Income Tax Rate	20%	10%
Corporate Tax Rate	17%	N/A
Inflation, consumer prices	6.1%	23.1%
Inflation, GDP deflator	5.9%	15.8%
Unemployment	6.2%	17.3%
Economic Freedom Index	51.7	47
Personal Freedom Index	6.29	5.17
Human Freedom Index	6.72	4.98
Property Rights Index	44.6	30.1
Judical Effectiveness Index	30.8	20.8
Business Freedom Index	45.6	40.7
Fiscal Health Index	0	N/A
Labor Freedom Index	47.8	53.9
Investment Freedom Index	60	5
Financial Freedom Index	50	N/A
Trade Freedom Index	77.4	N/A
Monetary Freedom Index	75.6	53.6
Government Spending Index	72.5	0
Tax Burden Index	90.8	N/A
Government Integrity Index	25	18.9
Corruption Perceptions Index	28	17
Life expectancy at birth, years	78.8	72.5
Suicide mortality rate, per 100,000 people	3.3	5.2
Mortality caused by road traffic injury, per 100,000 people	18.1	26.1
Intentional homicides, per 100,000 people	4	2.5
International tourism, number of arrivals	2M	142k

Government debt & reserves

Stat	Lebanon	Libya
Central government debt, % of GDP	150.9%	4.9%
External debt stocks, % of GNI	145.1%	N/A
External debt stocks	$79.3B	N/A
Short-term debt, % of total reserves	10.6%	N/A
Total debt service, % of exports and primary income	72.1%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-16.9%	35%
Gross savings, % of GDP	5.5%	67.3%
Gross capital formation, % of GDP	19.5%	29.8%
Total reserves including gold	$52.4B	$85.3B
Foreign direct investment net inflows	$2.6B	$0

Exports, imports and economic structure

Stat	Lebanon	Libya
Exports of goods and services, % of GDP	23.3%	62.2%
Imports of goods and services, % of GDP	39.6%	40.1%
Current account balance (balance of payments)	-$12.4B	-$4.7B
Revenue excluding grants, % of GDP	19.8%	N/A
Grants excluding technical cooperation, BoP	$1.2B	$268.9M
Personal remittances received	$6.9B	$16M
Industry including construction value added, % of GDP	14.1%	77.5%
Agriculture, forestry and fishing value added, % of GDP	2.9%	1.8%
Charges for the use of intellectual property, payments BoP	$15.7M	N/A
Charges for the use of intellectual property, receipts BoP	$17.7M	$10M
Expense, % of GDP	25.8%	N/A
Government Expenditure, % of GDP	30.3%	105.8%