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Economy of Lebanon vs Mali compared: GDP & Debt

Updated on by Georank

Lebanon has a GDP of $26B compared to $30.1B for Mali, ranking 121/197 and 114/197 by economy size, respectively.

Lebanon has $41B in government debt (139.4% of GDP), compared to $12.6B (41.9% of GDP) in Mali.

Lebanon vs Mali GDP by year

Lebanon
Mali
1x
Year GDP, current $
Lebanon Mali
2025 - $30,069,148,581
2024 $25,971,643,441 $26,761,281,077
2023 $20,078,620,357 $24,777,941,861
2022 $20,992,421,949 $22,539,987,719
2021 $23,131,941,557 $22,999,245,263
2020 $31,712,128,254 $20,698,560,939
2019 $51,605,959,131 $20,477,421,885
2018 $54,901,519,156 $20,368,015,381
2017 $53,027,680,686 $18,308,362,040
2016 $51,147,308,774 $16,743,796,800
2015 $49,929,337,837 $15,583,181,170
2014 $48,095,213,747 $17,081,681,993
2013 $46,880,103,081 $15,747,192,681
2012 $44,016,799,516 $14,795,114,603
2011 $39,927,125,962 $15,452,791,789
2010 $38,443,907,042 $12,710,739,160
2009 $35,399,582,929 $12,155,217,833
2008 $29,118,916,105 $11,462,490,840
2007 $24,827,355,015 $9,699,047,443
2006 $22,022,709,851 $8,212,007,554
2005 $21,497,336,499 $7,429,066,952
2004 $21,159,827,992 $6,485,774,930
2003 $20,082,918,740 $5,605,613,011
2002 $19,152,238,806 $4,647,238,257
2001 $17,649,751,244 $4,124,281,594
2000 $17,260,364,842 $3,521,570,876
1999 $17,391,056,369 $4,091,446,054
1998 $17,247,179,006 $3,894,433,432
1997 $15,751,867,489 $3,414,879,486
1996 $13,690,217,334 $3,743,103,420
1995 $11,718,795,529 $3,373,322,735
1994 $9,599,127,050 $2,655,768,636
1993 $7,941,744,492 $3,632,801,877
1992 $5,843,579,161 $3,680,775,037
1991 $4,690,415,093 $3,576,562,682
1990 $2,838,485,354 $3,248,417,791
1989 $2,717,998,688 $2,824,822,489
1988 $3,313,540,068 $2,712,207,901
1987 - $2,437,004,680
1986 - $2,132,938,007
1985 - $1,594,347,021
1984 - $1,387,809,615
1983 - $1,496,616,127
1982 - $1,680,304,773
1981 - $2,234,583,940
1980 - $2,704,362,789
1979 - $1,595,422,956
1978 - $1,222,702,573
1977 - $1,049,838,548
1976 - $939,228,017
1975 - $830,710,615
1974 - $538,747,340
1973 - $563,683,703
1972 - $486,617,280
1971 - $395,218,629
1970 - $359,772,315
1969 - $339,913,867
1968 - $343,771,973
1967 - $275,494,478

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

GDP per capita in Lebanon vs Mali by year

Lebanon
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $1,193 -
2024 $4,473 - $1,093 $3,315
2023 $3,478 $12,575 $1,042 $3,175
2022 $3,654 $12,293 $977 $3,014
2021 $4,045 $11,600 $1,027 $2,796
2020 $5,561 $16,260 $953 $2,724
2019 $8,906 $21,710 $972 $2,820
2018 $9,175 $21,985 $996 $2,684
2017 $8,608 $20,964 $924 $2,607
2016 $8,089 $18,941 $872 $2,532
2015 $7,714 $17,046 $838 $2,330
2014 $7,578 $16,140 $948 $2,185
2013 $8,162 $16,316 $902 $2,059
2012 $8,407 $16,121 $873 $1,990
2011 $7,835 $14,975 $938 $2,046
2010 $7,626 $14,704 $797 $2,012
2009 $7,091 $13,586 $787 $1,945
2008 $5,912 $12,416 $767 $1,893
2007 $5,125 $11,356 $671 $1,852
2006 $4,635 $10,312 $587 $1,832
2005 $4,602 $10,020 $549 $1,771
2004 $4,601 $9,609 $495 $1,730
2003 $4,438 $8,914 $442 $1,715
2002 $4,291 $8,586 $378 $1,581
2001 $4,010 $8,289 $346 $1,559
2000 $3,987 $7,938 $305 $1,357
1999 $4,087 $7,793 $364 $1,376
1998 $4,125 $7,861 $357 $1,332
1997 $3,834 $7,632 $321 $1,267
1996 $3,393 $7,560 $360 $1,224
1995 $2,959 $6,796 $331 $1,154
1994 $2,468 $6,367 $266.5 $1,147
1993 $2,079 $5,871 $372 $1,087
1992 $1,559 $5,279 $385 $1,039
1991 $1,278 $4,527 $382 $1,091
1990 $790 $2,990 $354 $956
1989 $771 - $314 -
1988 $959 - $307 -
1987 - - $280.7 -
1986 - - $250 -
1985 - - $190.4 -
1984 - - $169.1 -
1983 - - $186.3 -
1982 - - $213.8 -
1981 - - $290.5 -
1980 - - $359 -
1979 - - $216.3 -
1978 - - $169.1 -
1977 - - $148.1 -
1976 - - $134.9 -
1975 - - $121.5 -
1974 - - $80.2 -
1973 - - $85.4 -
1972 - - $75.1 -
1971 - - $62 -
1970 - - $57.3 -
1969 - - $55 -
1968 - - $56.5 -
1967 - - $46 -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

Lebanon's GDP per capita is $4,473, ranking 129/197, compared to $1,193 in Mali, ranking 174/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Mali ranks 174th at $3,315.

Economic indicators

Lebanon Mali
Gross domestic product
$26B
2024
$30.1B
2025
GDP rank
121/197
2024
114/197
2025
GDP growth
-7.08%
2023-2024
5.6%
2024-2025
GDP per capita
$4,473
2024
$1,193
2025
GDP per capita rank
129/197
2024
174/197
2025
GDP per capita, PPP
$12,575
2023
$3,315
2024
GDP per capita PPP rank
123/197
2023
174/197
2024
Government debt
$41B
2024
$12.6B
2025
Debt-to-GDP ratio
139.4%
2025
41.9%
2025
Government debt per person
$7,061
2024
$500
2025
Government debt per person rank
71/185
2024
168/185
2025
Average annual personal income after taxes
$3,055
2026
$1,949
2026
Market capitalization of domestic companies
$10.6B
2021
n/a
Number of billionaires
6
2026
n/a
Income share by richest 10%
25.6%
2022
28.3%
2021
Income share by poorest 10%
2.8%
2022
3.2%
2021
Government expenditure, % of GDP
15.5%
2025
20.9%
2025
Consumer prices inflation
14.6%
2024-2025
2.3%
2024-2025
Central bank interest rate
20%
2023
n/a
Unemployment rate
11.3%
2019
4.5%
2024
Population
5921719
26322576

Spending and national debt comparison by year

Lebanon
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Lebanon Mali
Government spending Government debt Government spending Government debt
2025 15.5% 139.4% 20.9% 41.9%
2024 15.3% 157.9% 21% 44%
2023 14.3% 185.8% 21.2% 44.3%
2022 12.9% 235.9% 20.8% 42.9%
2021 10.5% 346% 22.5% 43.2%
2020 24.5% 157.2% 22% 39.8%
2019 31.3% 171.9% 19.5% 34.3%
2018 32.1% 154% 17% 31.4%
2017 30.7% 150.4% 19.2% 30.1%
2016 28.6% 147.9% 18.6% 30.1%
2015 26.7% 140.9% 17.6% 25.8%
2014 28.9% 138.5% 16.8% 22.6%
2013 28.9% 135.4% 16.6% 22.2%
2012 30.2% 131.1% 13.1% 21.3%
2011 28.8% 134.4% 17.3% 20.1%
2010 29.2% 136.8% 17.4% 21.8%
2009 32.1% 144.5% 19.6% 18.8%
2008 34.3% 161.5% 16.2% 17.3%
2007 35.2% 169.3% 18.1% 15.6%
2006 36.1% 183.3% 18.9% 15.4%
2005 31.4% 178.9% 18.3% 39.5%
2004 33.3% 169.5% 18.5% 36.1%
2003 36.4% 171.3% 17.8% 37.7%
2002 36.8% 163.1% 16.8% 36%
2001 38.9% 163.1% 15.7% 66.3%
2000 42.8% 148.1% 16.5% 77%
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/lebanon/mali | CC BY

In 2025, Lebanon's government spending was $3.98B, accounting for 15.5% of its GDP, while Mali spent $6.29B, or 20.9% of GDP.

Debt-to-GDP ratio is 139.4% in Lebanon and 41.9% in Mali, ranking 8/185 and 125/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Mali
1x
Year Deficit/surplus, % of GDP
Lebanon Mali
2025 3.25% -1.59%
2024 0.39% -2.16%
2023 -1.64% -3.05%
2022 -7.49% -4.05%
2021 -2.57% -4.12%
2020 -7.79% -4.56%
2019 -10.5% -1.42%
2018 -11.2% -3.97%
2017 -8.68% -2.4%
2016 -8.98% -3.3%
2015 -7.49% -1.53%
2014 -6.22% -2.43%
2013 -8.83% -1.99%
2012 -8.43% -0.8%
2011 -5.94% -2.87%
2010 -7.47% -2.21%
2009 -8.1% -3.19%
2008 -9.86% -1.69%
2007 -10.9% -2.35%
2006 -10.6% 23.7%
2005 -8.57% -2.34%
2004 -9.83% -2.01%
2003 -14% -1.01%
2002 -16.2% -2.61%
2001 -21% -2.39%
2000 -23.9% -2.25%
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/lebanon/mali | CC BY

In 2024, Lebanon's government surplus, the difference between spending and revenue, was $102M, equivalent to 0.39% of GDP. This compares to Mali's deficit of $579M, or 2.16% of GDP.

Over the past 25 years, Lebanon recorded a fiscal deficit in 24 of those years, while Mali ran a deficit in 24 years. On average, Lebanon posted an annual deficit equal to 9.43% of GDP, compared to deficit of 1.48% of GDP for Mali.

Inflation comparison by year

Inflation
Lebanon

Mali
1x
Year Consumer prices inflation
Lebanon Mali
2025 14.6% 2.3%
2024 45.2% 3.2%
2023 221.3% 2.1%
2022 171.2% 9.7%
2021 154.8% 3.8%
2020 84.9% 0.5%
2019 2.9% -3%
2018 6.1% 1.9%
2017 4.4% 2.4%
2016 -0.8% -1.8%
2015 -3.7% 1.4%
2014 1.9% 0.9%
2013 4.8% -0.6%
2012 6.6% 5.3%
2011 5% 3%
2010 4% 1.2%
2009 1.2% 2.4%
2008 10.7% 9.2%
2007 4.1% 1.4%
2006 4.1% 1.6%
2005 -1.4% 6.4%
2004 1.7% -3.1%
2003 1.3% -1.3%
2002 1.8% 5%
2001 -0.4% 5.2%
2000 -0.4% -0.8%
1999 0.2% -1.2%
1998 4.5% 4.1%
1997 7.7% -0.7%

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

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

Over the past 29 years, Lebanon has recorded an average annual inflation rate of 26.1%, compared with 2.09% in Mali. In 2025, inflation was 14.6% in Lebanon and 2.3% in Mali.

Top exports between countries

Lebanon
Export category Export value
Processed food, beverages & tobacco $5.04M
Machinery & equipment $3.35M
Wood & paper products $709K
Chemicals & pharma $401K
Metals $222K
Textiles & consumer goods $109K
Raw agricultural goods $92K
Raw materials & minerals $85K
Animal & marine products $72K
Miscellaneous $25K
Mali
Export category Export value
Animal & marine products $203K
Machinery & equipment $85K
Textiles & consumer goods $15K

Balance of trade

Lebanon Mali
Current account balance
-$5.64B
2023
-$1.16B
2024
Current account balance ranking
166/190
2023
122/190
2024
Current account balance, % of GDP
-28.1%
2023
-4.33%
2024
Goods imports
$16.7B
2023
$5.49B
2024
Goods exports
$3.85B
2023
$5.48B
2024
Service imports
$6.63B
2023
$1.8B
2024
Service exports
$7.92B
2023
$516M
2024
Imports of goods and services, % of GDP
58.9%
2024
26.7%
2025
Exports of goods and services, % of GDP
23.3%
2024
22.1%
2025

Economic freedom indices

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

Lebanon Mali
Economic freedom 43.1 52.1
Economic freedom ranking 183/197 150/197
Property rights 21.8 13.8
Government integrity 23.4 23.2
Judicial effectiveness 23.8 23.3
Tax burden 90.3 67.9
Government spending 93.3 81.8
Fiscal health 63.4 73.6
Business freedom 47.6 40.8
Labor freedom 48.4 54.1
Monetary freedom 0 78.2
Trade freedom 65.6 64
Investment freedom 20 65
Financial freedom 20 40

Economic freedom comparison by year

Lebanon
Mali
1x
Year Economic freedom index
Lebanon Mali
2026 43.1 52.1
2025 44.1 52.6
2024 48.3 52.5
2023 45.6 54.5
2022 47.3 55.9
2021 51.4 55.6
2020 51.7 55.9
2019 51.1 58.1
2018 53.2 57.6
2017 53.3 58.6
2016 59.5 56.5
2015 59.3 56.4
2014 59.4 55.5
2013 59.5 56.4
2012 60.1 55.8
2011 60.1 56.3
2010 59.5 55.6
2009 58.1 55.6
2008 60 55.6
2007 60.4 54.7
2006 57.5 54.1
2005 57.2 57.3
2004 56.9 56.6
2003 56.7 58.6
2002 57.1 61.1
2001 61 60.1
2000 56.1 60.3
1999 59.1 58.4
1998 59 57.3
1997 63.9 56.4
1996 63.2 57
1995 - 52.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 52.1 for Mali, ranking 150/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Mali
Services, % of GDP
35.7%
2024
36.6%
2025
Industry, % of GDP
2.63%
2024
23.4%
2025
Agriculture, forestry, and fishing, % of GDP
1.05%
2024
33%
2025
GNI, Atlas method
$20.7B
2024
$28.3B
2025
GNI per capita, PPP
$11,790
2024
$3,400
2025
Total reserves including gold
$33.3B
2024
n/a
Total reserves ranking
56/177
2024
n/a
Net foreign direct investment
-$583M
2023
-$843M
2024
Net inflows of foreign direct investment
$1.84B
2024
$921M
2024
Net outflows of foreign direct investment
$391M
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI
9.68%
2024
1.42%
2024
Poverty at national poverty lines
27.4%
2012
43.3%
2024
Gross capital formation, % of GDP
1.44%
2024
20%
2025

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/lebanon/mali | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2024, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, 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.