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Economy of Lebanon vs Poland compared: GDP & Debt

Updated on by Georank team

Lebanon has a GDP of $20.1B compared to $918B for Poland, ranking 128/197 and 21/197 by economy size, respectively.

Lebanon has $38.7B in government debt (163.8% of GDP), compared to $507B (55.3% of GDP) in Poland.

Lebanon vs Poland GDP by year

Lebanon
Poland
1x
Year GDP, current $
Lebanon Poland
2024 - $917,767,106,147
2023 $20,078,620,357 $812,451,193,396
2022 $20,992,421,949 $695,607,470,875
2021 $23,131,941,557 $689,170,230,665
2020 $31,712,128,254 $605,914,237,904
2019 $51,605,959,131 $602,683,770,145
2018 $54,901,519,156 $594,616,687,350
2017 $53,027,680,686 $528,356,676,667
2016 $51,147,308,774 $473,259,583,970
2015 $49,929,337,837 $480,054,118,583
2014 $48,095,213,747 $542,134,167,179
2013 $46,880,103,081 $518,179,836,405
2012 $44,016,799,516 $498,148,649,703
2011 $39,927,125,962 $527,848,543,023
2010 $38,443,907,042 $478,111,630,684
2009 $35,399,582,929 $440,891,472,247
2008 $29,118,916,105 $535,612,030,672
2007 $24,827,355,015 $429,715,132,138
2006 $22,022,709,851 $345,897,630,736
2005 $21,497,336,499 $306,999,913,151
2004 $21,159,827,992 $256,268,656,145
2003 $20,082,918,740 $218,561,225,998
2002 $19,152,238,806 $199,694,463,256
2001 $17,649,751,244 $191,823,200,371
2000 $17,260,364,842 $172,953,527,033
1999 $17,391,056,369 $170,704,452,715
1998 $17,247,179,006 $175,282,269,667
1997 $15,751,867,489 $159,893,964,917
1996 $13,690,217,334 $160,813,026,223
1995 $11,718,795,529 $142,838,527,115
1994 $9,599,127,050 $110,803,635,288
1993 $7,941,744,492 $96,043,157,273
1992 $5,843,579,161 $94,337,050,693
1991 $4,690,415,093 $85,500,935,935
1990 $2,838,485,354 $65,977,748,211
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/poland | CC BY

GDP per capita in Lebanon vs Poland by year

Lebanon
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $25,104 $51,263
2023 $3,478 $12,575 $22,145 $48,473
2022 $3,654 $12,293 $18,891 $46,778
2021 $4,045 $11,600 $18,636 $41,060
2020 $5,561 $16,260 $16,151 $37,089
2019 $8,906 $21,710 $15,875 $35,882
2018 $9,175 $21,985 $15,658 $32,345
2017 $8,608 $20,964 $13,913 $30,170
2016 $8,089 $18,941 $12,464 $28,360
2015 $7,714 $17,046 $12,638 $26,988
2014 $7,578 $16,140 $14,262 $25,460
2013 $8,162 $16,316 $13,622 $24,434
2012 $8,407 $16,121 $13,087 $23,728
2011 $7,835 $14,975 $13,868 $22,809
2010 $7,626 $14,704 $12,568 $20,991
2009 $7,091 $13,586 $11,556 $19,300
2008 $5,912 $12,416 $14,049 $18,372
2007 $5,125 $11,356 $11,273 $16,833
2006 $4,635 $10,312 $9,069 $15,205
2005 $4,602 $10,020 $8,044 $13,936
2004 $4,601 $9,609 $6,712 $13,413
2003 $4,438 $8,914 $5,721 $12,329
2002 $4,291 $8,586 $5,223 $11,841
2001 $4,010 $8,289 $5,015 $11,175
2000 $3,987 $7,938 $4,521 $10,721
1999 $4,087 $7,793 $4,416 $10,081
1998 $4,125 $7,861 $4,534 $9,521
1997 $3,834 $7,632 $4,137 $8,967
1996 $3,393 $7,560 $4,164 $8,310
1995 $2,959 $6,796 $3,701 $7,715
1994 $2,468 $6,367 $2,875 $7,040
1993 $2,079 $5,871 $2,497 $6,560
1992 $1,559 $5,279 $2,459 $6,193
1991 $1,278 $4,527 $2,236 $5,925
1990 $790 $2,990 $1,731 $6,185
1989 $771 - - -
1988 $959 - - -

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

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

Lebanon's GDP per capita is $3,478, ranking 135/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Poland ranks 43rd at $51,263.

Economic indicators

Lebanon Poland
Gross domestic product
$20.1B
2023
$918B
2024
GDP rank
128/197
2023
21/197
2024
GDP growth
-0.76%
2022-2023
3.03%
2023-2024
GDP per capita
$3,478
2023
$25,104
2024
GDP per capita rank
135/197
2023
48/197
2024
GDP per capita, PPP
$12,575
2023
$51,263
2024
GDP per capita PPP rank
123/197
2023
43/197
2024
Government debt
$38.7B
2023
$507B
2024
Debt-to-GDP ratio
163.8%
2024
55.3%
2024
Government debt per person
$6,704
2023
$13,874
2024
Government debt per person rank
70/185
2023
41/185
2024
Average annual personal income after taxes
$3,560
2026
$20,736
2026
Market capitalization of domestic companies
$10.6B
2021
$197B
2024
Number of billionaires
6
2025
10
2025
Income share by richest 10%
25.1%
2022
22.9%
2023
Income share by poorest 10%
2.8%
2022
3.3%
2023
Government expenditure, % of GDP
16.5%
2024
49.4%
2024
Consumer prices inflation
45.2%
2023-2024
3.78%
2023-2024
Central bank interest rate
20%
2023
4%
2025
Unemployment rate
11.3%
2019
2.81%
2024
Population
5906622
35806942

Spending and national debt comparison by year

Lebanon
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Lebanon Poland
Government spending Government debt Government spending Government debt
2024 16.5% 163.8% 49.4% 55.3%
2023 14.9% 192.8% 46.9% 49.5%
2022 13.4% 244.6% 43.2% 48.8%
2021 10.9% 358% 43.6% 53%
2020 23.2% 148.7% 47.7% 56.6%
2019 31.3% 172.1% 41.4% 45.2%
2018 32.3% 155.1% 41% 48.2%
2017 30.6% 150% 41.1% 50.4%
2016 28.3% 146.4% 41.1% 54.1%
2015 26.7% 140.8% 41.5% 51.1%
2014 28.8% 138.4% 42.7% 51.1%
2013 28.9% 135.4% 43.2% 56.9%
2012 30.2% 131.1% 43.2% 54.5%
2011 28.8% 134.4% 44.1% 54.8%
2010 29.2% 136.8% 46% 53.7%
2009 32.1% 144.5% 44.9% 49.7%
2008 34.3% 161.5% 44% 46.6%
2007 35.2% 169.3% 42.8% 44.4%
2006 36.1% 183.3% 44.3% 47.1%
2005 31.4% 178.9% 44.1% 46.5%
2004 33.3% 169.5% 43.3% 44.9%
2003 36.4% 171.3% 45.5% 46.4%
2002 36.8% 163.1% 45.1% 41.6%
2001 38.9% 163.1% 44.7% 37.2%
2000 42.8% 148.1% 43.1% 36.4%
1999 35.6% 130.2% 42.5% 39.4%
1998 34.7% 108.2% 44% 38.7%
1997 40.5% 100.2% 46.1% 42.7%
1996 43.6% 101.2% 50.7% 43.2%
1995 31.1% 79.6% 47.5% 48.7%
1994 47.3% 71.5% - 64.3%
1993 23% 50.5% - 83.9%
1992 36.1% 51.7% - 81.9%
1991 35.6% 67.1% - 76.9%
1990 40% 99.7% - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Lebanon's government spending was $2.99B, accounting for 16.5% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 163.8% in Lebanon and 55.3% in Poland, ranking 6/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Poland
1x
Year Deficit/surplus, % of GDP
Lebanon Poland
2024 -0.19% -6.59%
2023 -1.7% -5.27%
2022 -7.77% -3.44%
2021 -2.67% -1.75%
2020 -7.37% -6.85%
2019 -10.5% -0.73%
2018 -11.3% -0.24%
2017 -8.65% -1.49%
2016 -8.88% -2.38%
2015 -7.48% -2.59%
2014 -6.22% -3.66%
2013 -8.82% -4.25%
2012 -8.43% -3.8%
2011 -5.94% -4.97%
2010 -7.47% -7.43%
2009 -8.1% -7.24%
2008 -9.86% -3.6%
2007 -10.9% -1.88%
2006 -10.6% -3.53%
2005 -8.57% -3.93%
2004 -9.83% -4.99%
2003 -14% -6.02%
2002 -16.2% -4.8%
2001 -21% -4.73%
2000 -23.9% -4%
1999 -16.7% -2.3%
1998 -17.3% -4.25%
1997 -24.5% -4.61%
1996 -25.7% -4.84%
1995 -13.6% -4.39%
1994 -29.1% -
1993 -7.19% -
1992 -24% -
1991 -19.5% -
1990 -30.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/lebanon/poland | 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 Poland's deficit of $42.8B, or 5.27% of GDP.

Over the past 29 years, Lebanon recorded a fiscal deficit in 29 of those years, while Poland ran a deficit in 29 years. On average, Lebanon posted an annual deficit equal to 11.5% of GDP, compared to deficit of 3.93% of GDP for Poland.

Inflation comparison by year

Inflation
Lebanon

Poland
1x
Year Consumer prices inflation
Lebanon Poland
2024 45.2% 3.78%
2023 221.3% 11.5%
2022 171.2% 14.4%
2021 154.8% 5.06%
2020 84.9% 3.37%
2019 2.9% 2.23%
2018 6.1% 1.81%
2017 4.5% 2.08%
2016 -0.8% -0.66%
2015 -3.8% -0.87%
2014 1.1% 0.05%
2013 5.6% 0.99%
2012 6.6% 3.56%
2011 5% 4.24%
2010 4% 2.58%
2009 1.2% 3.8%
2008 10.7% 4.16%
2007 4.1% 2.46%
2006 4.1% 1.28%
2005 -1.4% 2.18%
2004 1.7% 3.38%
2003 1.3% 0.68%
2002 1.8% 1.91%
2001 -0.4% 5.41%
2000 -0.4% 9.9%
1999 0.2% 7.15%
1998 4.5% 11.6%
1997 7.7% 14.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Lebanon has recorded an average annual inflation rate of 26.6%, compared with 4.39% in Poland. In 2024, inflation was 45.2% in Lebanon and 3.78% in Poland.

Top exports between countries

Lebanon
Export category Export value
Machinery & equipment $21.5M
Chemicals & pharma $473K
Processed food, beverages & tobacco $472K
Animal & marine products $410K
Raw agricultural goods $400K
Precious metals & jewellery $114K
Textiles & consumer goods $107K
Metals $42K
Raw materials & minerals $35K
Wood & paper products $3K
Poland
Export category Export value
Processed food, beverages & tobacco $54M
Machinery & equipment $11.3M
Chemicals & pharma $10.2M
Animal & marine products $5.98M
Textiles & consumer goods $5.68M
Wood & paper products $3.16M
Raw materials & minerals $2.79M
Metals $1.95M
Raw agricultural goods $611K
Miscellaneous $397K

Balance of trade

Lebanon Poland
Current account balance
-$5.64B
2023
$2.8B
2024
Current account balance ranking
168/190
2023
40/190
2024
Current account balance, % of GDP
-28.1%
2023
+0.3%
2024
Goods imports
$16.7B
2023
$367B
2024
Goods exports
$3.85B
2023
$361B
2024
Service imports
$6.63B
2023
$74.9B
2024
Service exports
$7.92B
2023
$118B
2024
Imports of goods and services, % of GDP
73.7%
2023
48.2%
2024
Exports of goods and services, % of GDP
30.6%
2023
52.2%
2024

Economic freedom indices

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

Lebanon Poland
Economic freedom 43.1 68.5
Economic freedom ranking 183/197 46/197
Property rights 21.8 71.8
Government integrity 23.4 60.7
Judicial effectiveness 23.8 62.5
Tax burden 90.3 72.7
Government spending 93.3 35.1
Fiscal health 63.4 74.8
Business freedom 47.6 77.5
Labor freedom 48.4 53.7
Monetary freedom 0 73.8
Trade freedom 65.6 79.4
Investment freedom 20 80
Financial freedom 20 80

Economic freedom comparison by year

Lebanon
Poland
1x
Year Economic freedom index
Lebanon Poland
2026 43.1 68.5
2025 44.1 67.1
2024 48.3 66
2023 45.6 67.7
2022 47.3 68.7
2021 51.4 69.7
2020 51.7 69.1
2019 51.1 67.8
2018 53.2 68.5
2017 53.3 68.3
2016 59.5 69.3
2015 59.3 68.6
2014 59.4 67
2013 59.5 66
2012 60.1 64.2
2011 60.1 64.1
2010 59.5 63.2
2009 58.1 60.3
2008 60 60.3
2007 60.4 58.1
2006 57.5 59.3
2005 57.2 59.6
2004 56.9 58.7
2003 56.7 61.8
2002 57.1 65
2001 61 61.8
2000 56.1 60
1999 59.1 59.6
1998 59 59.2
1997 63.9 56.8
1996 63.2 57.8
1995 - 50.7

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

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Poland
Services, % of GDP
42.4%
2023
59.1%
2024
Industry, % of GDP
2.09%
2023
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
0.97%
2023
2.54%
2024
GNI, Atlas method
$21.4B
2023
$789B
2024
GNI per capita, PPP
$12,420
2023
$49,540
2024
Total reserves including gold
$33.3B
2024
$223B
2024
Total reserves ranking
54/177
2024
17/177
2024
Net foreign direct investment
-$583M
2023
-$10.6B
2024
Net inflows of foreign direct investment
$1.84B
2024
$20.6B
2024
Net outflows of foreign direct investment
$391M
2024
$10B
2024
Servicing debt to the IMF, % of GNI
22%
2023
n/a
Poverty at national poverty lines
27.4%
2012
13.3%
2024
Gross capital formation, % of GDP
1.9%
2023
17.8%
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/poland | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20)
  6. TradeMap (2021–2024, 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.