Lebanon vs Oman: Economic Indicators Comparison

Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while Lebanon ranked 81st with $56.6B. By GDP 5-years average growth and GDP per capita, Oman and Lebanon ranked 114th vs 156th and 56th vs 83rd, respectively.

Gross Domestic Product & Income

StatLebanonOman
GDP$56.6B$79.3B
GDP growth, 1 year0.3%2.1%
GDP growth, 5-years average0.9%2.4%
Population6.1M4.8M
GDP per capita$8.3k$16k
GDP per capita growth-0.34%-1.68%
Purchasing Power Parity conversion factor953.030.15
Price level ratio of PPP conversion factor GDP to market exchange rate0.630.39
GDP per capita, PPP adjusted$15k$47k
GNI, Atlas method$54.2B$73.1B
GNI per capita$7.9k$15k
GNI, PPP adjusted$89.1B$201.3B
GNI per capita, PPP adjusted$13k$42k

Financial system and Human development

StatLebanonOman
Income Tax Rate20%0%
Corporate Tax Rate17%12%
Inflation, consumer prices6.1%0.9%
Inflation, GDP deflator5.9%10.3%
Unemployment6.2%3.1%
Economic Freedom Index51.763.6
Personal Freedom Index6.295.55
Human Freedom Index6.726.3
Property Rights Index44.666.4
Judical Effectiveness Index30.866.2
Business Freedom Index45.674.6
Fiscal Health Index014.8
Labor Freedom Index47.856.9
Investment Freedom Index6065
Financial Freedom Index5060
Trade Freedom Index77.481.6
Monetary Freedom Index75.678.4
Government Spending Index72.536.2
Tax Burden Index90.898.4
Government Integrity Index2564.6
Corruption Perceptions Index2852
Life expectancy at birth, years78.877.4
Suicide mortality rate, per 100,000 people3.33.9
Mortality caused by road traffic injury, per 100,000 people18.116.1
Intentional homicides, per 100,000 people40.5
International tourism, number of arrivals2M2.3M

Government debt & reserves

StatLebanonOman
Central government debt, % of GDP150.9%50.9%
External debt stocks, % of GNI145.1%N/A
External debt stocks$79.3BN/A
Short-term debt, % of total reserves10.6%N/A
Total debt service, % of exports and primary income72.1%N/A
Adjusted net savings including particulate emission damage, % of GNI-16.9%-11.3%
Gross savings, % of GDP5.5%23.9%
Gross capital formation, % of GDP19.5%23.2%
Total reserves including gold$52.4B$17.4B
Foreign direct investment net inflows$2.6B$6.3B

Exports, imports and economic structure

StatLebanonOman
Exports of goods and services, % of GDP23.3%58.3%
Imports of goods and services, % of GDP39.6%44.5%
Current account balance (balance of payments)-$12.4B-$4.3B
Revenue excluding grants, % of GDP19.8%N/A
Grants excluding technical cooperation, BoP$1.2B$17M
Personal remittances received$6.9B$39M
Industry including construction value added, % of GDP14.1%46.8%
Agriculture, forestry and fishing value added, % of GDP2.9%2.2%
Charges for the use of intellectual property, payments BoP$15.7MN/A
Charges for the use of intellectual property, receipts BoP$17.7MN/A
Expense, % of GDP25.8%N/A
Government Expenditure, % of GDP30.3%46.1%

Compare with countries close by GDP per capita

Lebanon vs

CountryGDP
per capita
Population
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k

Oman vs

CountryGDP
per capita
Population
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k