Lebanon vs the Palestine: Economic Indicators Comparison

Lebanon with a GDP of $56.6B ranked the 81st largest economy in the world, while the Palestine ranked 125th with $14.6B. By GDP per capita, Lebanon and the Palestine ranked 83rd vs 132nd, respectively.

Gross Domestic Product & Income

StatLebanonPalestine
GDP$56.6B$14.6B
GDP growth, 1 year0.3%0.91%
GDP growth, 5-years average0.9%N/A
Population6.1M4.7M
GDP per capita$8.3k$3.2k
GDP per capita growth-0.34%-1.62%
Purchasing Power Parity conversion factor953.032.23
Price level ratio of PPP conversion factor GDP to market exchange rate0.630.62
GDP per capita, PPP adjusted$15k$5.2k
GNI, Atlas method$54.2B$17B
GNI per capita$7.9k$3.7k
GNI, PPP adjusted$89.1B$27.4B
GNI per capita, PPP adjusted$13k$6k

Financial system and Human development

StatLebanonPalestine
Income Tax Rate20%N/A
Corporate Tax Rate17%N/A
Inflation, consumer prices6.1%-0.2%
Inflation, GDP deflator5.9%-0.1%
Unemployment6.2%26.3%
Economic Freedom Index51.730
Personal Freedom Index6.294.1
Human Freedom Index6.724
Property Rights Index44.6N/A
Judical Effectiveness Index30.8N/A
Business Freedom Index45.6N/A
Fiscal Health Index0N/A
Labor Freedom Index47.8N/A
Investment Freedom Index60N/A
Financial Freedom Index50N/A
Trade Freedom Index77.4N/A
Monetary Freedom Index75.6N/A
Government Spending Index72.5N/A
Tax Burden Index90.8N/A
Government Integrity Index25N/A
Corruption Perceptions Index2818
Life expectancy at birth, years78.873.7
Suicide mortality rate, per 100,000 people3.34.3
Mortality caused by road traffic injury, per 100,000 people18.119.5
Intentional homicides, per 100,000 people40.7
International tourism, number of arrivals2M606k

Government debt & reserves

StatLebanonPalestine
Central government debt, % of GDP150.9%N/A
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%N/A
Gross savings, % of GDP5.5%12.6%
Gross capital formation, % of GDP19.5%24.2%
Total reserves including gold$52.4B$537.8M
Foreign direct investment net inflows$2.6B$262.5M

Exports, imports and economic structure

StatLebanonPalestine
Exports of goods and services, % of GDP23.3%19.9%
Imports of goods and services, % of GDP39.6%59.7%
Current account balance (balance of payments)-$12.4B-$1.7B
Revenue excluding grants, % of GDP19.8%6.9%
Grants excluding technical cooperation, BoP$1.2B$2.1B
Personal remittances received$6.9B$2.5B
Industry including construction value added, % of GDP14.1%19.6%
Agriculture, forestry and fishing value added, % of GDP2.9%3.2%
Charges for the use of intellectual property, payments BoP$15.7M$1.4M
Charges for the use of intellectual property, receipts BoP$17.7M$1.6k
Expense, % of GDP25.8%8.3%
Government Expenditure, % of GDP30.3%N/A

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

Palestine vs

CountryGDP
per capita
Population
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M