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Economy of Lebanon vs Mexico compared: GDP & Debt

Updated on by Georank

Lebanon has a GDP of $26B compared to $1.83T for Mexico, ranking 121/197 and 14/197 by economy size, respectively.

Lebanon has $41B in government debt (139.4% of GDP), compared to $1.13T (61.8% of GDP) in Mexico.

Lebanon vs Mexico GDP by year

Lebanon
Mexico
1x
Year GDP, current $
Lebanon Mexico
2025 - $1,832,641,364,776
2024 $25,971,643,441 $1,830,489,311,089
2023 $20,078,620,357 $1,794,410,347,718
2022 $20,992,421,949 $1,466,934,724,243
2021 $23,131,941,557 $1,316,569,466,834
2020 $31,712,128,254 $1,121,064,767,169
2019 $51,605,959,131 $1,304,106,204,006
2018 $54,901,519,156 $1,256,300,182,984
2017 $53,027,680,686 $1,190,721,475,853
2016 $51,147,308,774 $1,112,233,497,453
2015 $49,929,337,837 $1,213,294,467,654
2014 $48,095,213,747 $1,364,507,717,689
2013 $46,880,103,081 $1,327,436,290,439
2012 $44,016,799,516 $1,255,110,424,742
2011 $39,927,125,962 $1,229,013,703,417
2010 $38,443,907,042 $1,105,424,238,652
2009 $35,399,582,929 $943,437,414,951
2008 $29,118,916,105 $1,161,553,459,985
2007 $24,827,355,015 $1,102,355,554,880
2006 $22,022,709,851 $1,020,265,057,882
2005 $21,497,336,499 $917,571,853,437
2004 $21,159,827,992 $819,459,227,375
2003 $20,082,918,740 $765,549,967,889
2002 $19,152,238,806 $810,666,116,402
2001 $17,649,751,244 $796,064,590,549
2000 $17,260,364,842 $742,061,329,749
1999 $17,391,056,369 $631,249,359,702
1998 $17,247,179,006 $557,461,102,631
1997 $15,751,867,489 $523,449,530,464
1996 $13,690,217,334 $432,157,945,024
1995 $11,718,795,529 $380,157,469,867
1994 $9,599,127,050 $553,618,247,901
1993 $7,941,744,492 $530,160,763,663
1992 $5,843,579,161 $363,157,832,924
1991 $4,690,415,093 $313,139,656,146
1990 $2,838,485,354 $261,253,675,693
1989 $2,717,998,688 $221,403,098,267
1988 $3,313,540,068 $181,611,150,497
1987 - $147,542,558,209
1986 - $134,556,034,673
1985 - $195,241,069,482
1984 - $184,230,754,105
1983 - $156,167,000,433
1982 - $184,602,611,610
1981 - $263,797,827,860
1980 - $205,577,055,466
1979 - $134,531,900,899
1978 - $102,648,570,299
1977 - $81,912,018,784
1976 - $88,875,923,765
1975 - $88,000,000,000
1974 - $72,000,000,000
1973 - $55,280,000,000
1972 - $45,200,000,000
1971 - $39,200,000,000
1970 - $35,520,000,000
1969 - $32,480,000,000
1968 - $29,360,000,000
1967 - $26,560,000,000
1966 - $24,320,000,000
1965 - $21,840,000,000
1964 - $20,080,000,000
1963 - $16,960,000,000
1962 - $15,200,000,000
1961 - $14,160,000,000
1960 - $13,040,000,000

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Lebanon vs Mexico by year

Lebanon
GDP per capita

GDP per capita, PPP
Mexico
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Mexico
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $13,889 -
2024 $4,473 - $13,988 $26,185
2023 $3,478 $12,575 $13,831 $25,243
2022 $3,654 $12,293 $11,406 $23,135
2021 $4,045 $11,600 $10,314 $20,783
2020 $5,561 $16,260 $8,841 $19,354
2019 $8,906 $21,710 $10,370 $20,964
2018 $9,175 $21,985 $10,085 $20,921
2017 $8,608 $20,964 $9,649 $20,489
2016 $8,089 $18,941 $9,098 $20,105
2015 $7,714 $17,046 $10,021 $19,071
2014 $7,578 $16,140 $11,391 $18,821
2013 $8,162 $16,316 $11,217 $18,170
2012 $8,407 $16,121 $10,744 $18,005
2011 $7,835 $14,975 $10,664 $17,267
2010 $7,626 $14,704 $9,729 $15,909
2009 $7,091 $13,586 $8,424 $15,191
2008 $5,912 $12,416 $10,524 $15,681
2007 $5,125 $11,356 $10,134 $15,032
2006 $4,635 $10,312 $9,513 $14,540
2005 $4,602 $10,020 $8,672 $13,260
2004 $4,601 $9,609 $7,850 $12,658
2003 $4,438 $8,914 $7,434 $12,066
2002 $4,291 $8,586 $7,983 $11,762
2001 $4,010 $8,289 $7,953 $11,739
2000 $3,987 $7,938 $7,524 $11,705
1999 $4,087 $7,793 $6,500 $11,031
1998 $4,125 $7,861 $5,833 $10,756
1997 $3,834 $7,632 $5,567 $10,182
1996 $3,393 $7,560 $4,674 $9,496
1995 $2,959 $6,796 $4,184 $8,933
1994 $2,468 $6,367 $6,202 $9,466
1993 $2,079 $5,871 $6,048 $9,041
1992 $1,559 $5,279 $4,221 $9,470
1991 $1,278 $4,527 $3,709 $9,079
1990 $790 $2,990 $3,154 $8,578
1989 $771 - $2,725 -
1988 $959 - $2,279 -
1987 - - $1,888 -
1986 - - $1,757 -
1985 - - $2,602 -
1984 - - $2,506 -
1983 - - $2,170 -
1982 - - $2,621 -
1981 - - $3,829 -
1980 - - $3,055 -
1979 - - $2,049 -
1978 - - $1,604 -
1977 - - $1,315 -
1976 - - $1,465 -
1975 - - $1,492 -
1974 - - $1,256 -
1973 - - $993 -
1972 - - $837 -
1971 - - $748 -
1970 - - $699 -
1969 - - $660 -
1968 - - $616 -
1967 - - $576 -
1966 - - $545 -
1965 - - $506 -
1964 - - $481 -
1963 - - $420 -
1962 - - $388 -
1961 - - $374 -
1960 - - $355 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Lebanon's GDP per capita is $4,473, ranking 129/197, compared to $13,889 in Mexico, ranking 76/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Mexico ranks 80th at $26,185.

Economic indicators

Lebanon Mexico
Gross domestic product
$26B
2024
$1.83T
2025
GDP rank
121/197
2024
14/197
2025
GDP growth
-7.08%
2023-2024
0.56%
2024-2025
GDP per capita
$4,473
2024
$13,889
2025
GDP per capita rank
129/197
2024
76/197
2025
GDP per capita, PPP
$12,575
2023
$26,185
2024
GDP per capita PPP rank
123/197
2023
80/197
2024
Government debt
$41B
2024
$1.13T
2025
Debt-to-GDP ratio
139.4%
2025
61.8%
2025
Government debt per person
$7,061
2024
$8,577
2025
Government debt per person rank
71/185
2024
66/185
2025
Average annual personal income after taxes
$3,055
2026
$10,482
2026
Market capitalization of domestic companies
$10.6B
2021
$560B
2025
Number of millionaires n/a
333,000
2026
Number of billionaires
6
2026
22
2026
Income share by richest 10%
25.6%
2022
33.4%
2024
Income share by poorest 10%
2.8%
2022
2.1%
2024
Government expenditure, % of GDP
15.5%
2025
29.8%
2025
Consumer prices inflation
14.6%
2024-2025
3.81%
2024-2025
Central bank interest rate
20%
2023
6.5%
2026
Unemployment rate
11.3%
2019
2.54%
2025
Population
5921719
133551566

Spending and national debt comparison by year

Lebanon
Spending

Debt
Mexico
Spending

Debt
1x
Year % of GDP
Lebanon Mexico
Government spending Government debt Government spending Government debt
2025 15.5% 139.4% 29.8% 61.8%
2024 15.3% 157.9% 30.8% 59.1%
2023 14.3% 185.8% 28.6% 52.8%
2022 12.9% 235.9% 28.5% 53.8%
2021 10.5% 346% 26.7% 56.7%
2020 24.5% 157.2% 27.8% 58.5%
2019 31.3% 171.9% 25.3% 51.9%
2018 32.1% 154% 25% 52.2%
2017 30.7% 150.4% 25% 52.5%
2016 28.6% 147.9% 26.5% 55%
2015 26.7% 140.9% 26.6% 51%
2014 28.9% 138.5% 26.9% 47.1%
2013 28.9% 135.4% 26.7% 44.1%
2012 30.2% 131.1% 27% 40.8%
2011 28.8% 134.4% 26.6% 41.2%
2010 29.2% 136.8% 26.5% 40.2%
2009 32.1% 144.5% 26.5% 41.7%
2008 34.3% 161.5% 26.5% 40.6%
2007 35.2% 169.3% 22.5% 35.5%
2006 36.1% 183.3% 21.6% 35.8%
2005 31.4% 178.9% 21.2% 36.8%
2004 33.3% 169.5% 20.5% 38.9%
2003 36.4% 171.3% 21.5% 42.1%
2002 36.8% 163.1% 19.8% 39.9%
2001 38.9% 163.1% 19.5% 37.3%
2000 42.8% 148.1% 19.4% 38.5%
1999 35.6% 130.2% 20.1% 41.7%
1998 34.7% 108.2% 19.5% 39.7%
1997 40.5% 100.2% 20.7% 39.1%
1996 43.6% 101.2% 20.8% 42.5%
1995 31.1% 79.6% 18.9% 30.7%
1994 47.3% 71.5% 18.9% 26.8%
1993 23% 50.5% 18.2% 19.2%
1992 36.1% 51.7% 19% 21.5%
1991 35.6% 67.1% 20.1% 29.2%
1990 40% 99.7% 22.9% 35.7%
1989 - - 19.2% 36%
1988 - - 23.6% 36.5%
1987 - - 26.7% 52.7%
1986 - - 25.1% 47.8%
1985 - - 21.4% 30.4%
1984 - - 19.8% 25.2%
1983 - - 21.6% 25.3%
1982 - - 24.7% 29.8%
1981 - - 20.1% 41.7%
1980 - - 17.5% 31.4%
1979 - - 16.5% 35.8%
1978 - - 15.7% 39%
1977 - - 15.5% 41.5%
1976 - - 15.5% 31.3%
1975 - - 14.7% 24.4%
1974 - - 13.8% 21.7%
1973 - - 12.7% 20%
1972 - - 11.9% 17.9%
1971 - - 10.6% 17%
1970 - - 10.9% 17.1%
1969 - - 11.8% 10.7%
1968 - - 10.9% 7.85%
1967 - - 10.4% 8.22%
1966 - - 11.6% 5.14%
1965 - - 10.7% 9.99%
1964 - - 9.21% 6.22%
1963 - - 8.51% 4.13%
1962 - - 8.26% 4.2%
1961 - - 8.01% 4.38%
1960 - - 9.5% 4.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Lebanon's government spending was $3.98B, accounting for 15.5% of its GDP, while Mexico spent $547B, or 29.8% of GDP.

Debt-to-GDP ratio is 139.4% in Lebanon and 61.8% in Mexico, ranking 8/185 and 73/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Mexico
1x
Year Deficit/surplus, % of GDP
Lebanon Mexico
2025 3.25% -4.86%
2024 0.39% -5.78%
2023 -1.64% -4.3%
2022 -7.49% -4.32%
2021 -2.57% -3.75%
2020 -7.79% -4.29%
2019 -10.5% -2.27%
2018 -11.2% -2.14%
2017 -8.68% -1.03%
2016 -8.98% -2.68%
2015 -7.49% -3.86%
2014 -6.22% -4.37%
2013 -8.83% -3.56%
2012 -8.43% -3.57%
2011 -5.94% -3.2%
2010 -7.47% -3.8%
2009 -8.1% -3.94%
2008 -9.86% -0.68%
2007 -10.9% -1.46%
2006 -10.6% -1.23%
2005 -8.57% -1.43%
2004 -9.83% -1.35%
2003 -14% -2.24%
2002 -16.2% -2.18%
2001 -21% -2.57%
2000 -23.9% -2.69%
1999 -16.7% -4.49%
1998 -17.3% -4.49%
1997 -24.5% -3.48%
1996 -25.7% -3.66%
1995 -13.6% -2.28%
1994 -29.1% -2.25%
1993 -7.19% -1.51%
1992 -24% 2.26%
1991 -19.5% 1.49%
1990 -30.2% -3.11%
1989 - -4.75%
1988 - -8.76%
1987 - -11.6%
1986 - -11.2%
1985 - -7.2%
1984 - -5.79%
1983 - -6.03%
1982 - -11.4%
1981 - -4.9%
1980 - -1.75%
1979 - -2.15%
1978 - -1.88%
1977 - -2.43%
1976 - -3.14%
1975 - -2.64%
1974 - -3.33%
1973 - -2.75%
1972 - -2.3%
1971 - -1.43%
1970 - -1.71%
1969 - -2.74%
1968 - -2.06%
1967 - -2.12%
1966 - -3.2%
1965 - -2.51%
1964 - -1.44%
1963 - -0.92%
1962 - -0.79%
1961 - -0.88%
1960 - -1.36%
1959 - -0.73%
1958 - 0.24%
1957 - -0.03%
1956 - 0.52%
1955 - 0.6%
1954 - -0.94%
1953 - -0.58%
1952 - 0.42%
1951 - -0.26%
1950 - -0.2%
1949 - 0.44%
1948 - -1.55%
1947 - -0.93%
1946 - 0.66%
1945 - -1.11%
1944 - -1.12%
1943 - 0.05%
1942 - -0.93%
1941 - -0.26%
1940 - -0.4%
1939 - -0.06%
1938 - -0.91%
1937 - -0.41%
1936 - -0.39%
1935 - 0.26%
1934 - 0.72%
1933 - -0.58%
1932 - 0%
1931 - 0.71%
1930 - 0.21%
1929 - 0.95%
1928 - 0.24%
1927 - -0.3%
1926 - -0.29%
1925 - 0.46%
1924 - 1.34%
1923 - 1.02%
1922 - 1.13%
1921 - 0.64%
1920 - 0.91%
1919 - 0.41%
1918 - -0.19%
1917 - 0.63%
1916 - -
1915 - -
1914 - -
1913 - 0.28%
1912 - -0.79%
1911 - -0.31%
1910 - 0.1%
1909 - 0.15%
1908 - -0.08%
1907 - 0.43%
1906 - 0.72%
1905 - 0.35%
1904 - 1.09%
1903 - 3.82%
1902 - 0.42%
1901 - 0.62%
1900 - 0.76%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/lebanon/mexico | 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 Mexico's deficit of $106B, or 5.78% of GDP.

Over the past 35 years, Lebanon recorded a fiscal deficit in 34 of those years, while Mexico ran a deficit in 33 years. On average, Lebanon posted an annual deficit equal to 12.7% of GDP, compared to deficit of 2.69% of GDP for Mexico.

Inflation comparison by year

Inflation
Lebanon

Mexico
1x
Year Consumer prices inflation
Lebanon Mexico
2025 14.6% 3.81%
2024 45.2% 4.72%
2023 221.3% 5.53%
2022 171.2% 7.9%
2021 154.8% 5.69%
2020 84.9% 3.4%
2019 2.9% 3.64%
2018 6.1% 4.9%
2017 4.4% 6.04%
2016 -0.8% 2.82%
2015 -3.7% 2.72%
2014 1.9% 4.02%
2013 4.8% 3.81%
2012 6.6% 4.11%
2011 5% 3.41%
2010 4% 4.16%
2009 1.2% 5.3%
2008 10.7% 5.12%
2007 4.1% 3.97%
2006 4.1% 3.63%
2005 -1.4% 3.99%
2004 1.7% 4.69%
2003 1.3% 4.55%
2002 1.8% 5.03%
2001 -0.4% 6.37%
2000 -0.4% 9.49%
1999 0.2% 16.6%
1998 4.5% 15.9%
1997 7.7% 20.6%

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

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

Over the past 29 years, Lebanon has recorded an average annual inflation rate of 26.1%, compared with 6.07% in Mexico. In 2025, inflation was 14.6% in Lebanon and 3.81% in Mexico.

Top exports between countries

Lebanon
Export category Export value
Metals $6.08M
Machinery & equipment $2.55M
Wood & paper products $206K
Processed food, beverages & tobacco $143K
Miscellaneous $134K
Chemicals & pharma $122K
Precious metals & jewellery $91K
Textiles & consumer goods $63K
Raw agricultural goods $22K
Animal & marine products $4K
Mexico
Export category Export value
Processed food, beverages & tobacco $2.62M
Machinery & equipment $1.12M
Raw agricultural goods $627K
Chemicals & pharma $293K

Balance of trade

Lebanon Mexico
Current account balance
-$5.64B
2023
-$8.2B
2025
Current account balance ranking
166/190
2023
171/190
2025
Current account balance, % of GDP
-28.1%
2023
-0.45%
2025
Goods imports
$16.7B
2023
$665B
2025
Goods exports
$3.85B
2023
$666B
2025
Service imports
$6.63B
2023
$75.4B
2025
Service exports
$7.92B
2023
$64B
2025
Imports of goods and services, % of GDP
58.9%
2024
40.3%
2025
Exports of goods and services, % of GDP
23.3%
2024
39.6%
2025

Economic freedom indices

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

Lebanon Mexico
Economic freedom 43.1 59.8
Economic freedom ranking 183/197 102/197
Property rights 21.8 37.6
Government integrity 23.4 28.8
Judicial effectiveness 23.8 40.4
Tax burden 90.3 75.4
Government spending 93.3 74.6
Fiscal health 63.4 56.7
Business freedom 47.6 67
Labor freedom 48.4 57.3
Monetary freedom 0 70.6
Trade freedom 65.6 74.2
Investment freedom 20 75
Financial freedom 20 60

Economic freedom comparison by year

Lebanon
Mexico
1x
Year Economic freedom index
Lebanon Mexico
2026 43.1 59.8
2025 44.1 61.3
2024 48.3 62
2023 45.6 63.2
2022 47.3 63.7
2021 51.4 65.5
2020 51.7 66
2019 51.1 64.7
2018 53.2 64.8
2017 53.3 63.6
2016 59.5 65.2
2015 59.3 66.4
2014 59.4 66.8
2013 59.5 67
2012 60.1 65.3
2011 60.1 67.8
2010 59.5 68.3
2009 58.1 65.8
2008 60 66.2
2007 60.4 66
2006 57.5 64.7
2005 57.2 65.2
2004 56.9 66
2003 56.7 65.3
2002 57.1 63
2001 61 60.6
2000 56.1 59.3
1999 59.1 58.5
1998 59 57.9
1997 63.9 57.1
1996 63.2 61.2
1995 - 63.1

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

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 59.8 for Mexico, ranking 102/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Mexico
Services, % of GDP
35.7%
2024
58.9%
2025
Industry, % of GDP
2.63%
2024
30.6%
2025
Agriculture, forestry, and fishing, % of GDP
1.05%
2024
3.88%
2025
GNI, Atlas method
$20.7B
2024
$1.81T
2025
GNI per capita, PPP
$11,790
2024
$25,070
2025
Total reserves including gold
$33.3B
2024
$256B
2025
Total reserves ranking
56/177
2024
17/177
2025
Net foreign direct investment
-$583M
2023
-$31.8B
2025
Net inflows of foreign direct investment
$1.84B
2024
$45.5B
2024
Net outflows of foreign direct investment
$391M
2024
$13B
2024
Servicing debt to the IMF, % of GNI
9.68%
2024
3.77%
2024
Poverty at national poverty lines
27.4%
2012
29.6%
2024
Gross capital formation, % of GDP
1.44%
2024
22.6%
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/mexico | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.