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Economy of Lebanon vs North Korea compared: GDP & Debt

Updated on by Georank team

Lebanon has a GDP of $20.1B compared to $34.9B for North Korea, ranking 128/197 and 106/197 by economy size, respectively.

Lebanon vs North Korea GDP by year

Lebanon
North Korea
1x
Year GDP, current $
Lebanon North Korea
2024 - $34,943,120,000
2023 $20,078,620,357 $32,155,360,000
2022 $20,992,421,949 $28,971,360,000
2021 $23,131,941,557 $32,301,720,000
2020 $31,712,128,254 $27,728,240,000
2019 $51,605,959,131 $28,222,880,000
2018 $54,901,519,156 $28,536,400,000
2017 $53,027,680,686 $29,105,440,000
2016 $51,147,308,774 $28,882,640,000
2015 $49,929,337,837 $30,723,030,000
2014 $48,095,213,747 $30,554,460,000
2013 $46,880,103,081 $30,588,922,000
2012 $44,016,799,516 $29,890,710,000
2011 $39,927,125,962 $29,005,020,000
2010 $38,443,907,042 $25,995,513,000
2009 $35,399,582,929 $23,356,470,000
2008 $29,118,916,105 -
2007 $24,827,355,015 -
2006 $22,022,709,851 -
2005 $21,497,336,499 -
2004 $21,159,827,992 -
2003 $20,082,918,740 -
2002 $19,152,238,806 -
2001 $17,649,751,244 -
2000 $17,260,364,842 -
1999 $17,391,056,369 -
1998 $17,247,179,006 -
1997 $15,751,867,489 -
1996 $13,690,217,334 -
1995 $11,718,795,529 -
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 (1988–2023, retrieved 2026-04-06).

GeoRank.org/economy/lebanon/north-korea | CC BY

GDP per capita in Lebanon vs North Korea by year

Lebanon
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $1,319 -
2023 $3,478 $12,575 $1,217 -
2022 $3,654 $12,293 $1,100 -
2021 $4,045 $11,600 $1,231 -
2020 $5,561 $16,260 $1,061 -
2019 $8,906 $21,710 $1,084 -
2018 $9,175 $21,985 $1,100 -
2017 $8,608 $20,964 $1,127 -
2016 $8,089 $18,941 $1,124 -
2015 $7,714 $17,046 $1,201 $1,700
2014 $7,578 $16,140 $1,201 $1,800
2013 $8,162 $16,316 $1,208 -
2012 $8,407 $16,121 $1,186 -
2011 $7,835 $14,975 $1,156 $1,800
2010 $7,626 $14,704 $1,040 -
2009 $7,091 $13,586 $939 $1,800
2008 $5,912 $12,416 - $1,800
2007 $5,125 $11,356 - $1,700
2006 $4,635 $10,312 - $1,800
2005 $4,602 $10,020 - $1,700
2004 $4,601 $9,609 - $1,700
2003 $4,438 $8,914 - $1,300
2002 $4,291 $8,586 - $1,000
2001 $4,010 $8,289 - -
2000 $3,987 $7,938 - $1,000
1999 $4,087 $7,793 - $1,000
1998 $4,125 $7,861 - -
1997 $3,834 $7,632 - -
1996 $3,393 $7,560 - -
1995 $2,959 $6,796 - -
1994 $2,468 $6,367 - -
1993 $2,079 $5,871 - -
1992 $1,559 $5,279 - -
1991 $1,278 $4,527 - -
1990 $790 $2,990 - -
1989 $771 - - -
1988 $959 - - -

Data sources: World Bank | Economy & Growth (1988–2023, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20).

GeoRank.org/economy/lebanon/north-korea | CC BY

Lebanon's GDP per capita is $3,478, ranking 135/197, compared to $1,319 in North Korea, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while North Korea ranks 193rd at $1,700.

Economic indicators

Lebanon North Korea
Gross domestic product
$20.1B
2023
$34.9B
2024
GDP rank
128/197
2023
106/197
2024
GDP growth
-0.76%
2022-2023
n/a
GDP per capita
$3,478
2023
$1,319
2024
GDP per capita rank
135/197
2023
168/197
2024
GDP per capita, PPP
$12,575
2023
$1,700
2015
GDP per capita PPP rank
123/197
2023
193/197
2015
Government debt
$38.7B
2023
n/a
Debt-to-GDP ratio
163.8%
2024
n/a
Government debt per person
$6,704
2023
n/a
Government debt per person rank
70/185
2023
n/a
Average annual personal income after taxes
$3,560
2026
$1,426
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
n/a
Income share by poorest 10%
2.8%
2022
n/a
Government expenditure, % of GDP
16.5%
2024
n/a
Consumer prices inflation
45.2%
2023-2024
n/a
Central bank interest rate
20%
2023
n/a
Unemployment rate
11.3%
2019
25.6%
2013
Population
5906622
26659144

Top exports between countries

Lebanon
Export category Export value
Metals $22K
Processed food, beverages & tobacco $11K
North Korea
Export category Export value
Machinery & equipment $38K
Chemicals & pharma $36K
Raw materials & minerals $12K
Metals $2K

Balance of trade

Lebanon North Korea
Current account balance
-$5.64B
2023
n/a
Current account balance ranking
168/190
2023
n/a
Current account balance, % of GDP
-28.1%
2023
n/a
Goods imports
$16.7B
2023
n/a
Goods exports
$3.85B
2023
n/a
Service imports
$6.63B
2023
n/a
Service exports
$7.92B
2023
n/a
Imports of goods and services, % of GDP
73.7%
2023
n/a
Exports of goods and services, % of GDP
30.6%
2023
n/a

Economic freedom indices

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

Lebanon North Korea
Economic freedom 43.1 3.1
Economic freedom ranking 183/197 197/197
Property rights 21.8 16.3
Government integrity 23.4 4.3
Judicial effectiveness 23.8 6.3
Tax burden 90.3 0
Government spending 93.3 0
Fiscal health 63.4 0
Business freedom 47.6 5
Labor freedom 48.4 5
Monetary freedom 0 0
Trade freedom 65.6 0
Investment freedom 20 0
Financial freedom 20 0

Economic freedom comparison by year

Lebanon
North Korea
1x
Year Economic freedom index
Lebanon North Korea
2026 43.1 3.1
2025 44.1 3
2024 48.3 2.9
2023 45.6 2.9
2022 47.3 3
2021 51.4 5.2
2020 51.7 4.2
2019 51.1 5.9
2018 53.2 5.8
2017 53.3 4.9
2016 59.5 2.3
2015 59.3 1.3
2014 59.4 1
2013 59.5 1.5
2012 60.1 1
2011 60.1 1
2010 59.5 1
2009 58.1 2
2008 60 3
2007 60.4 3
2006 57.5 4
2005 57.2 8
2004 56.9 8.9
2003 56.7 8.9
2002 57.1 8.9
2001 61 8.9
2000 56.1 8.9
1999 59.1 8.9
1998 59 8.9
1997 63.9 8.9
1996 63.2 8.9
1995 - 8.9

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

GeoRank.org/economy/lebanon/north-korea | CC BY

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 3.1 for North Korea, ranking 197/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon North Korea
Services, % of GDP
42.4%
2023
n/a
Industry, % of GDP
2.09%
2023
n/a
Agriculture, forestry, and fishing, % of GDP
0.97%
2023
n/a
GNI, Atlas method
$21.4B
2023
n/a
GNI per capita, PPP
$12,420
2023
n/a
Total reserves including gold
$33.3B
2024
n/a
Total reserves ranking
54/177
2024
n/a
Net foreign direct investment
-$583M
2023
n/a
Net inflows of foreign direct investment
$1.84B
2024
$203K
1989
Net outflows of foreign direct investment
$391M
2024
$0
2024
Servicing debt to the IMF, % of GNI
22%
2023
n/a
Poverty at national poverty lines
27.4%
2012
n/a
Gross capital formation, % of GDP
1.9%
2023
n/a

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/north-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20)
  5. TradeMap (2020–2023, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Fiscal Monitor (2023–2024, 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.