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Economy of Lebanon vs Lithuania compared: GDP & Debt

Updated on by Georank team

Lebanon has a GDP of $20.1B compared to $84.9B for Lithuania, ranking 128/197 and 79/197 by economy size, respectively.

Lebanon has $38.7B in government debt (163.8% of GDP), compared to $32.4B (38.2% of GDP) in Lithuania.

Lebanon vs Lithuania GDP by year

Lebanon
Lithuania
1x
Year GDP, current $
Lebanon Lithuania
2024 - $84,869,215,513
2023 $20,078,620,357 $79,789,877,416
2022 $20,992,421,949 $71,033,884,500
2021 $23,131,941,557 $67,037,321,009
2020 $31,712,128,254 $57,412,038,533
2019 $51,605,959,131 $55,122,066,226
2018 $54,901,519,156 $54,261,795,149
2017 $53,027,680,686 $47,756,764,508
2016 $51,147,308,774 $42,970,749,245
2015 $49,929,337,837 $41,540,954,817
2014 $48,095,213,747 $48,306,546,657
2013 $46,880,103,081 $46,303,660,422
2012 $44,016,799,516 $42,709,372,067
2011 $39,927,125,962 $43,186,501,863
2010 $38,443,907,042 $36,638,128,534
2009 $35,399,582,929 $37,494,380,039
2008 $29,118,916,105 $47,831,254,208
2007 $24,827,355,015 $39,729,151,615
2006 $22,022,709,851 $30,116,192,747
2005 $21,497,336,499 $26,105,207,115
2004 $21,159,827,992 $22,743,164,431
2003 $20,082,918,740 $18,809,197,970
2002 $19,152,238,806 $14,282,292,665
2001 $17,649,751,244 $12,260,761,329
2000 $17,260,364,842 $11,550,695,727
1999 $17,391,056,369 $11,022,095,814
1998 $17,247,179,006 $11,289,161,847
1997 $15,751,867,489 $10,168,271,903
1996 $13,690,217,334 $8,430,207,164
1995 $11,718,795,529 $7,921,210,340
1994 $9,599,127,050 -
1993 $7,941,744,492 -
1992 $5,843,579,161 -
1991 $4,690,415,093 -
1990 $2,838,485,354 -
1989 $2,717,998,688 -
1988 $3,313,540,068 -

Data sources: World Bank | Economy & Growth (1988–2024, retrieved 2026-04-06).

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

GDP per capita in Lebanon vs Lithuania by year

Lebanon
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $29,384 $55,286
2023 $3,478 $12,575 $27,786 $52,348
2022 $3,654 $12,293 $25,086 $50,936
2021 $4,045 $11,600 $23,870 $45,874
2020 $5,561 $16,260 $20,429 $41,263
2019 $8,906 $21,710 $19,609 $40,564
2018 $9,175 $21,985 $19,247 $36,492
2017 $8,608 $20,964 $16,800 $31,305
2016 $8,089 $18,941 $14,934 $28,699
2015 $7,714 $17,046 $14,270 $26,949
2014 $7,578 $16,140 $16,446 $26,275
2013 $8,162 $16,316 $15,637 $24,890
2012 $8,407 $16,121 $14,288 $23,275
2011 $7,835 $14,975 $14,262 $21,558
2010 $7,626 $14,704 $11,829 $18,719
2009 $7,091 $13,586 $11,854 $17,055
2008 $5,912 $12,416 $14,956 $19,410
2007 $5,125 $11,356 $12,295 $17,969
2006 $4,635 $10,312 $9,210 $15,522
2005 $4,602 $10,020 $7,857 $13,951
2004 $4,601 $9,609 $6,735 $12,605
2003 $4,438 $8,914 $5,507 $11,660
2002 $4,291 $8,586 $4,148 $10,296
2001 $4,010 $8,289 $3,533 $9,399
2000 $3,987 $7,938 $3,301 $8,475
1999 $4,087 $7,793 $3,128 $7,918
1998 $4,125 $7,861 $3,181 $7,846
1997 $3,834 $7,632 $2,844 $7,167
1996 $3,393 $7,560 $2,341 $6,479
1995 $2,959 $6,796 $2,183 $6,023
1994 $2,468 $6,367 - $5,667
1993 $2,079 $5,871 - $6,107
1992 $1,559 $5,279 - $7,087
1991 $1,278 $4,527 - $8,790
1990 $790 $2,990 - $9,030
1989 $771 - - -
1988 $959 - - -

Data sources: World Bank | Economy & Growth (1988–2024, retrieved 2026-04-06).

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

Lebanon's GDP per capita is $3,478, ranking 135/197, compared to $29,384 in Lithuania, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Lithuania ranks 39th at $55,286.

Economic indicators

Lebanon Lithuania
Gross domestic product
$20.1B
2023
$84.9B
2024
GDP rank
128/197
2023
79/197
2024
GDP growth
-0.76%
2022-2023
2.77%
2023-2024
GDP per capita
$3,478
2023
$29,384
2024
GDP per capita rank
135/197
2023
43/197
2024
GDP per capita, PPP
$12,575
2023
$55,286
2024
GDP per capita PPP rank
123/197
2023
39/197
2024
Government debt
$38.7B
2023
$32.4B
2024
Debt-to-GDP ratio
163.8%
2024
38.2%
2024
Government debt per person
$6,704
2023
$11,232
2024
Government debt per person rank
70/185
2023
49/185
2024
Average annual personal income after taxes
$3,560
2026
$19,946
2026
Market capitalization of domestic companies
$10.6B
2021
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
25.1%
2022
27.3%
2023
Income share by poorest 10%
2.8%
2022
2.2%
2023
Government expenditure, % of GDP
16.5%
2024
39.5%
2024
Consumer prices inflation
45.2%
2023-2024
0.72%
2023-2024
Central bank interest rate
20%
2023
n/a
Unemployment rate
11.3%
2019
7.1%
2024
Population
5906622
2829914

Spending and national debt comparison by year

Lebanon
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Lebanon Lithuania
Government spending Government debt Government spending Government debt
2024 16.5% 163.8% 39.5% 38.2%
2023 14.9% 192.8% 37.4% 37.3%
2022 13.4% 244.6% 36.3% 38.1%
2021 10.9% 358% 37.3% 43.3%
2020 23.2% 148.7% 42.4% 45.9%
2019 31.3% 172.1% 34.6% 35.6%
2018 32.3% 155.1% 33.8% 33.3%
2017 30.6% 150% 33.4% 39.3%
2016 28.3% 146.4% 34.5% 40%
2015 26.7% 140.8% 35.2% 42.6%
2014 28.8% 138.4% 35% 40.7%
2013 28.9% 135.4% 35.7% 38.9%
2012 30.2% 131.1% 36.6% 39.9%
2011 28.8% 134.4% 40.1% 37.5%
2010 29.2% 136.8% 43% 36.7%
2009 32.1% 144.5% 44.8% 27.9%
2008 34.3% 161.5% 38.2% 14.6%
2007 35.2% 169.3% 35.3% 15.9%
2006 36.1% 183.3% 34.4% 17.3%
2005 31.4% 178.9% 34.1% 17.6%
2004 33.3% 169.5% 33.9% 18.6%
2003 36.4% 171.3% 32.8% 20.4%
2002 36.8% 163.1% 34.4% 22.1%
2001 38.9% 163.1% 36.5% 22.9%
2000 42.8% 148.1% 38.7% 23.5%
1999 35.6% 130.2% 42.4% 28%
1998 34.7% 108.2% 39.6% 21.7%
1997 40.5% 100.2% 35% -
1996 43.6% 101.2% 34.4% -
1995 31.1% 79.6% 35.5% -
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/lebanon/lithuania | CC BY

In 2024, Lebanon's government spending was $2.99B, accounting for 16.5% of its GDP, while Lithuania spent $33.5B, or 39.5% of GDP.

Debt-to-GDP ratio is 163.8% in Lebanon and 38.2% in Lithuania, ranking 6/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Lithuania
1x
Year Deficit/surplus, % of GDP
Lebanon Lithuania
2024 -0.19% -1.28%
2023 -1.7% -0.69%
2022 -7.77% -0.72%
2021 -2.67% -1.15%
2020 -7.37% -6.42%
2019 -10.5% 0.41%
2018 -11.3% 0.52%
2017 -8.65% 0.36%
2016 -8.88% 0.03%
2015 -7.48% -0.77%
2014 -6.22% -1.79%
2013 -8.82% -2.69%
2012 -8.43% -3.15%
2011 -5.94% -5.92%
2010 -7.47% -6.95%
2009 -8.1% -9.09%
2008 -9.86% -3.09%
2007 -10.9% -0.82%
2006 -10.6% -0.27%
2005 -8.57% -0.34%
2004 -9.83% -1.39%
2003 -14% -1.26%
2002 -16.2% -1.85%
2001 -21% -3.52%
2000 -23.9% -3.18%
1999 -16.7% -7.82%
1998 -17.3% -4.93%
1997 -24.5% -0.76%
1996 -25.7% -3.59%
1995 -13.6% -3.31%
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/lebanon/lithuania | CC BY

In 2023, Lebanon's government deficit, the difference between spending and revenue, was $342M, equivalent to 1.7% of GDP. This compares to Lithuania's deficit of $549M, or 0.69% of GDP.

Over the past 29 years, Lebanon recorded a fiscal deficit in 29 of those years, while Lithuania ran a deficit in 25 years. On average, Lebanon posted an annual deficit equal to 11.5% of GDP, compared to deficit of 2.56% of GDP for Lithuania.

Inflation comparison by year

Inflation
Lebanon

Lithuania
1x
Year Consumer prices inflation
Lebanon Lithuania
2024 45.2% 0.72%
2023 221.3% 9.12%
2022 171.2% 19.7%
2021 154.8% 4.68%
2020 84.9% 1.2%
2019 2.9% 2.33%
2018 6.1% 2.7%
2017 4.5% 3.72%
2016 -0.8% 0.91%
2015 -3.8% -0.88%
2014 1.1% 0.1%
2013 5.6% 1.05%
2012 6.6% 3.09%
2011 5% 4.13%
2010 4% 1.32%
2009 1.2% 4.45%
2008 10.7% 10.9%
2007 4.1% 5.74%
2006 4.1% 3.74%
2005 -1.4% 2.66%
2004 1.7% 1.16%
2003 1.3% -1.13%
2002 1.8% 0.28%
2001 -0.4% 1.37%
2000 -0.4% 0.98%
1999 0.2% 0.73%
1998 4.5% 5.07%
1997 7.7% 8.88%

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/lebanon/lithuania | CC BY

Over the past 28 years, Lebanon has recorded an average annual inflation rate of 26.6%, compared with 3.53% in Lithuania. In 2024, inflation was 45.2% in Lebanon and 0.72% in Lithuania.

Top exports between countries

Lebanon
Export category Export value
Chemicals & pharma $539K
Machinery & equipment $62K
Textiles & consumer goods $58K
Processed food, beverages & tobacco $17K
Miscellaneous $13K
Precious metals & jewellery $10K
Metals $6K
Wood & paper products $3K
Lithuania
Export category Export value
Processed food, beverages & tobacco $2.95M
Chemicals & pharma $2.65M
Raw materials & minerals $1.77M
Animal & marine products $831K
Machinery & equipment $514K
Textiles & consumer goods $454K
Wood & paper products $310K
Metals $181K
Raw agricultural goods $99K
Miscellaneous $33K

Balance of trade

Lebanon Lithuania
Current account balance
-$5.64B
2023
$2.77B
2024
Current account balance ranking
168/190
2023
41/190
2024
Current account balance, % of GDP
-28.1%
2023
+3.27%
2024
Goods imports
$16.7B
2023
$43.8B
2024
Goods exports
$3.85B
2023
$38.9B
2024
Service imports
$6.63B
2023
$14.7B
2024
Service exports
$7.92B
2023
$24.3B
2024
Imports of goods and services, % of GDP
73.7%
2023
68.9%
2024
Exports of goods and services, % of GDP
30.6%
2023
74.1%
2024

Economic freedom indices

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

Lebanon Lithuania
Economic freedom 43.1 75.3
Economic freedom ranking 183/197 18/197
Property rights 21.8 91.8
Government integrity 23.4 71.4
Judicial effectiveness 23.8 73.2
Tax burden 90.3 76.2
Government spending 93.3 57.3
Fiscal health 63.4 95.8
Business freedom 47.6 84.2
Labor freedom 48.4 58.1
Monetary freedom 0 76.7
Trade freedom 65.6 79.4
Investment freedom 20 70
Financial freedom 20 70

Economic freedom comparison by year

Lebanon
Lithuania
1x
Year Economic freedom index
Lebanon Lithuania
2026 43.1 75.3
2025 44.1 74.6
2024 48.3 72.9
2023 45.6 72.2
2022 47.3 75.8
2021 51.4 76.9
2020 51.7 76.7
2019 51.1 74.2
2018 53.2 75.3
2017 53.3 75.8
2016 59.5 75.2
2015 59.3 74.7
2014 59.4 73
2013 59.5 72.1
2012 60.1 71.5
2011 60.1 71.3
2010 59.5 70.3
2009 58.1 70
2008 60 70.9
2007 60.4 71.5
2006 57.5 71.8
2005 57.2 70.5
2004 56.9 72.4
2003 56.7 69.7
2002 57.1 66.1
2001 61 65.5
2000 56.1 61.9
1999 59.1 61.5
1998 59 59.4
1997 63.9 57.3
1996 63.2 49.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 75.3 for Lithuania, ranking 18/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Lithuania
Services, % of GDP
42.4%
2023
63.6%
2024
Industry, % of GDP
2.09%
2023
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
0.97%
2023
2.57%
2024
GNI, Atlas method
$21.4B
2023
$78.4B
2024
GNI per capita, PPP
$12,420
2023
$53,920
2024
Total reserves including gold
$33.3B
2024
$7.41B
2024
Total reserves ranking
54/177
2024
86/177
2024
Net foreign direct investment
-$583M
2023
-$3.91B
2024
Net inflows of foreign direct investment
$1.84B
2024
$4.7B
2024
Net outflows of foreign direct investment
$391M
2024
$795M
2024
Servicing debt to the IMF, % of GNI
22%
2023
n/a
Poverty at national poverty lines
27.4%
2012
20.9%
2021
Gross capital formation, % of GDP
1.9%
2023
20.4%
2024

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/lebanon/lithuania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, 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.