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Economy of Lebanon vs Mozambique compared: GDP & Debt

Updated on by Georank team

Lebanon has a GDP of $20.1B compared to $22.7B for Mozambique, ranking 128/197 and 123/197 by economy size, respectively.

Lebanon has $38.7B in government debt (163.8% of GDP), compared to $21.2B (93.2% of GDP) in Mozambique.

Lebanon vs Mozambique GDP by year

Lebanon
Mozambique
1x
Year GDP, current $
Lebanon Mozambique
2024 - $22,745,341,305
2023 $20,078,620,357 $20,921,079,533
2022 $20,992,421,949 $18,883,528,581
2021 $23,131,941,557 $16,168,055,475
2020 $31,712,128,254 $14,235,420,174
2019 $51,605,959,131 $15,512,759,047
2018 $54,901,519,156 $15,017,358,953
2017 $53,027,680,686 $13,264,640,646
2016 $51,147,308,774 $12,069,051,237
2015 $49,929,337,837 $16,208,985,770
2014 $48,095,213,747 $17,978,246,586
2013 $46,880,103,081 $17,198,073,057
2012 $44,016,799,516 $16,688,114,144
2011 $39,927,125,962 $14,619,279,989
2010 $38,443,907,042 $11,411,894,724
2009 $35,399,582,929 $12,263,894,790
2008 $29,118,916,105 $12,920,340,965
2007 $24,827,355,015 $10,811,456,006
2006 $22,022,709,851 $9,509,835,537
2005 $21,497,336,499 $8,868,504,900
2004 $21,159,827,992 $7,937,255,565
2003 $20,082,918,740 $6,583,526,861
2002 $19,152,238,806 $5,950,769,427
2001 $17,649,751,244 $5,650,154,067
2000 $17,260,364,842 $5,930,685,215
1999 $17,391,056,369 $6,285,219,691
1998 $17,247,179,006 $5,551,118,149
1997 $15,751,867,489 $4,873,663,775
1996 $13,690,217,334 $4,030,146,135
1995 $11,718,795,529 $3,061,646,174
1994 $9,599,127,050 $2,958,108,170
1993 $7,941,744,492 $2,883,161,897
1992 $5,843,579,161 $2,798,696,511
1991 $4,690,415,093 $3,854,856,435
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/mozambique | CC BY

GDP per capita in Lebanon vs Mozambique by year

Lebanon
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $657 $1,705
2023 $3,478 $12,575 $622 $1,678
2022 $3,654 $12,293 $578 $1,582
2021 $4,045 $11,600 $510 $1,457
2020 $5,561 $16,260 $462 $1,412
2019 $8,906 $21,710 $519 $1,389
2018 $9,175 $21,985 $518 $1,326
2017 $8,608 $20,964 $471 $1,283
2016 $8,089 $18,941 $441 $1,379
2015 $7,714 $17,046 $611 $1,318
2014 $7,578 $16,140 $697 $1,166
2013 $8,162 $16,316 $687 $1,114
2012 $8,407 $16,121 $686 $1,076
2011 $7,835 $14,975 $618 $1,064
2010 $7,626 $14,704 $496 $1,000
2009 $7,091 $13,586 $548 $951
2008 $5,912 $12,416 $592 $916
2007 $5,125 $11,356 $508 $862
2006 $4,635 $10,312 $457 $798
2005 $4,602 $10,020 $437 $721
2004 $4,601 $9,609 $400 $673
2003 $4,438 $8,914 $339 $620
2002 $4,291 $8,586 $314 $580
2001 $4,010 $8,289 $305 $533
2000 $3,987 $7,938 $327 $472
1999 $4,087 $7,793 $354 $468
1998 $4,125 $7,861 $320 $422
1997 $3,834 $7,632 $287.5 $387
1996 $3,393 $7,560 $244.4 $350
1995 $2,959 $6,796 $191.8 $321
1994 $2,468 $6,367 $196.8 $326
1993 $2,079 $5,871 $205.2 $321
1992 $1,559 $5,279 $205.6 $292
1991 $1,278 $4,527 $288.7 $315
1990 $790 $2,990 - $296
1989 $771 - - -
1988 $959 - - -

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

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

Lebanon's GDP per capita is $3,478, ranking 135/197, compared to $657 in Mozambique, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Mozambique ranks 192nd at $1,705.

Economic indicators

Lebanon Mozambique
Gross domestic product
$20.1B
2023
$22.7B
2024
GDP rank
128/197
2023
123/197
2024
GDP growth
-0.76%
2022-2023
2.15%
2023-2024
GDP per capita
$3,478
2023
$657
2024
GDP per capita rank
135/197
2023
189/197
2024
GDP per capita, PPP
$12,575
2023
$1,705
2024
GDP per capita PPP rank
123/197
2023
192/197
2024
Government debt
$38.7B
2023
$21.2B
2024
Debt-to-GDP ratio
163.8%
2024
93.2%
2024
Government debt per person
$6,704
2023
$612
2024
Government debt per person rank
70/185
2023
159/185
2024
Average annual personal income after taxes
$3,560
2026
$1,778
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
40.8%
2022
Income share by poorest 10%
2.8%
2022
1.7%
2022
Government expenditure, % of GDP
16.5%
2024
33.2%
2024
Consumer prices inflation
45.2%
2023-2024
3.2%
2023-2024
Central bank interest rate
20%
2023
9.75%
2025
Unemployment rate
11.3%
2019
6.79%
2022
Population
5906622
36941128

Spending and national debt comparison by year

Lebanon
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
Lebanon Mozambique
Government spending Government debt Government spending Government debt
2024 16.5% 163.8% 33.2% 93.2%
2023 14.9% 192.8% 33.3% 90.9%
2022 13.4% 244.6% 32.9% 100.3%
2021 10.9% 358% 32.1% 104.3%
2020 23.2% 148.7% 33.9% 120%
2019 31.3% 172.1% 28% 98.3%
2018 32.3% 155.1% 32.9% 105.5%
2017 30.6% 150% 29.5% 103.8%
2016 28.3% 146.4% 29.1% 124.8%
2015 26.7% 140.8% 32.2% 86%
2014 28.8% 138.4% 39.7% 63.4%
2013 28.9% 135.4% 31.7% 49.5%
2012 30.2% 131.1% 28.1% 36.7%
2011 28.8% 134.4% 28.9% 34.2%
2010 29.2% 136.8% 26.7% 38.6%
2009 32.1% 144.5% 25.7% 39.3%
2008 34.3% 161.5% 21.3% 32.8%
2007 35.2% 169.3% 20.9% 31.2%
2006 36.1% 183.3% 20.1% 40%
2005 31.4% 178.9% 17% 60.1%
2004 33.3% 169.5% 17.8% 50.8%
2003 36.4% 171.3% 18.6% 63.2%
2002 36.8% 163.1% 18.6% 63.4%
2001 38.9% 163.1% 20.8% 99.8%
2000 42.8% 148.1% 17.2% 95.8%
1999 35.6% 130.2% 15.6% 94.7%
1998 34.7% 108.2% 14.9% -
1997 40.5% 100.2% 16.5% -
1996 43.6% 101.2% 14.9% -
1995 31.1% 79.6% 18.8% -
1994 47.3% 71.5% 22.9% -
1993 23% 50.5% 20.7% -
1992 36.1% 51.7% 21.1% -
1991 35.6% 67.1% 17.3% -
1990 40% 99.7% 21% -
1989 - - 27% -
1988 - - 27% -
1987 - - 22.9% -
1986 - - 24.2% -
1985 - - 21% -
1984 - - 30.9% -
1983 - - 35.3% -
1982 - - 27% -
1981 - - 23.8% -
1980 - - 14.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1999, retrieved 2026-02-20).

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

In 2024, Lebanon's government spending was $2.99B, accounting for 16.5% of its GDP, while Mozambique spent $7.56B, or 33.2% of GDP.

Debt-to-GDP ratio is 163.8% in Lebanon and 93.2% in Mozambique, ranking 6/185 and 28/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Mozambique
1x
Year Deficit/surplus, % of GDP
Lebanon Mozambique
2024 -0.19% -6.17%
2023 -1.7% -4.26%
2022 -7.77% -5.22%
2021 -2.67% -5.23%
2020 -7.37% -6.19%
2019 -10.5% 1.7%
2018 -11.3% -7.39%
2017 -8.65% -2.9%
2016 -8.88% -5.42%
2015 -7.48% -6.55%
2014 -6.22% -9.75%
2013 -8.82% -2.46%
2012 -8.43% -3.45%
2011 -5.94% -4.34%
2010 -7.47% -3.5%
2009 -8.1% -4.35%
2008 -9.86% -1.9%
2007 -10.9% -2.19%
2006 -10.6% -3.03%
2005 -8.57% -2.06%
2004 -9.83% -3.17%
2003 -14% -2.64%
2002 -16.2% -3.36%
2001 -21% -4.43%
2000 -23.9% -1.26%
1999 -16.7% -0.31%
1998 -17.3% -1.08%
1997 -24.5% -1.81%
1996 -25.7% -2.07%
1995 -13.6% -2.46%
1994 -29.1% -4%
1993 -7.19% -2.53%
1992 -24% -1.85%
1991 -19.5% -2.01%
1990 -30.2% -4.42%
1989 - -4.23%
1988 - -6.47%
1987 - -7.24%
1986 - -12.1%
1985 - -9.69%
1984 - -13.4%
1983 - -15.8%
1982 - -3.61%
1981 - -7.41%
1980 - -1.47%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-02-20).

GeoRank.org/economy/lebanon/mozambique | 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 Mozambique's deficit of $891M, or 4.26% of GDP.

Over the past 33 years, Lebanon recorded a fiscal deficit in 33 of those years, while Mozambique ran a deficit in 32 years. On average, Lebanon posted an annual deficit equal to 12.5% of GDP, compared to deficit of 3.38% of GDP for Mozambique.

Inflation comparison by year

Inflation
Lebanon

Mozambique
1x
Year Consumer prices inflation
Lebanon Mozambique
2024 45.2% 3.2%
2023 221.3% 7%
2022 171.2% 10.4%
2021 154.8% 6.6%
2020 84.9% 0.9%
2019 2.9% 5.7%
2018 6.1% 3.2%
2017 4.5% 15.8%
2016 -0.8% 18.4%
2015 -3.8% 3.6%
2014 1.1% 2.6%
2013 5.6% 4.3%
2012 6.6% 2.6%
2011 5% 11.2%
2010 4% 12.4%
2009 1.2% 3.8%
2008 10.7% 14.5%
2007 4.1% 10.4%
2006 4.1% 13.2%
2005 -1.4% 6.4%
2004 1.7% 12.6%
2003 1.3% 13.5%
2002 1.8% 16.8%
2001 -0.4% 9.1%
2000 -0.4% 12.7%
1999 0.2% 2.9%
1998 4.5% 1.5%
1997 7.7% 7.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Lebanon has recorded an average annual inflation rate of 26.6%, compared with 8.31% in Mozambique. In 2024, inflation was 45.2% in Lebanon and 3.2% in Mozambique.

Top exports between countries

Lebanon
Export category Export value
Textiles & consumer goods $657K
Processed food, beverages & tobacco $283K
Metals $191K
Machinery & equipment $140K
Wood & paper products $77K
Miscellaneous $61K
Chemicals & pharma $39K
Raw agricultural goods $38K
Raw materials & minerals $11K
Animal & marine products $3K
Mozambique
Export category Export value
Raw agricultural goods $535K
Metals $97K
Raw materials & minerals $29K
Textiles & consumer goods $10K
Animal & marine products $8K
Chemicals & pharma $1K
Machinery & equipment $1K
Wood & paper products $1K

Balance of trade

Lebanon Mozambique
Current account balance
-$5.64B
2023
-$2.49B
2024
Current account balance ranking
168/190
2023
150/190
2024
Current account balance, % of GDP
-28.1%
2023
-11%
2024
Goods imports
$16.7B
2023
$8.38B
2024
Goods exports
$3.85B
2023
$8.21B
2024
Service imports
$6.63B
2023
$2.11B
2024
Service exports
$7.92B
2023
$1.15B
2024
Imports of goods and services, % of GDP
73.7%
2023
52.8%
2024
Exports of goods and services, % of GDP
30.6%
2023
42.8%
2024

Economic freedom indices

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

Lebanon Mozambique
Economic freedom 43.1 49.6
Economic freedom ranking 183/197 164/197
Property rights 21.8 29.7
Government integrity 23.4 25.1
Judicial effectiveness 23.8 43.4
Tax burden 90.3 75.8
Government spending 93.3 67
Fiscal health 63.4 39.1
Business freedom 47.6 40.2
Labor freedom 48.4 47.7
Monetary freedom 0 76.2
Trade freedom 65.6 71.2
Investment freedom 20 40
Financial freedom 20 40

Economic freedom comparison by year

Lebanon
Mozambique
1x
Year Economic freedom index
Lebanon Mozambique
2026 43.1 49.6
2025 44.1 50.7
2024 48.3 50.7
2023 45.6 52.5
2022 47.3 51.3
2021 51.4 51.6
2020 51.7 50.5
2019 51.1 48.6
2018 53.2 46.3
2017 53.3 49.9
2016 59.5 53.2
2015 59.3 54.8
2014 59.4 55
2013 59.5 55
2012 60.1 57.1
2011 60.1 56.8
2010 59.5 56
2009 58.1 55.7
2008 60 55.4
2007 60.4 54.7
2006 57.5 51.9
2005 57.2 54.6
2004 56.9 57.2
2003 56.7 58.6
2002 57.1 57.7
2001 61 59.2
2000 56.1 52.2
1999 59.1 48.9
1998 59 43
1997 63.9 44
1996 63.2 48.4
1995 - 45.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 49.6 for Mozambique, ranking 164/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Mozambique
Services, % of GDP
42.4%
2023
41.1%
2024
Industry, % of GDP
2.09%
2023
21.9%
2024
Agriculture, forestry, and fishing, % of GDP
0.97%
2023
25.2%
2024
GNI, Atlas method
$21.4B
2023
$19.1B
2024
GNI per capita, PPP
$12,420
2023
$1,520
2024
Total reserves including gold
$33.3B
2024
$3.84B
2024
Total reserves ranking
54/177
2024
108/177
2024
Net foreign direct investment
-$583M
2023
-$3.55B
2024
Net inflows of foreign direct investment
$1.84B
2024
$3.51B
2024
Net outflows of foreign direct investment
$391M
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
22%
2023
22.4%
2024
Poverty at national poverty lines
27.4%
2012
65%
2022
Gross capital formation, % of GDP
1.9%
2023
17.7%
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/mozambique | 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 (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1980–1999, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  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.