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Economy of Lebanon vs Saint Vincent compared: GDP & Debt

Updated on by Georank team

Lebanon has a GDP of $20.1B compared to $1.16B for Saint Vincent, ranking 128/197 and 186/197 by economy size, respectively.

Lebanon has $38.7B in government debt (163.8% of GDP), compared to $1.07B (92.7% of GDP) in Saint Vincent.

Lebanon vs Saint Vincent GDP by year

Lebanon
Saint Vincent
1x
Year GDP, current $
Lebanon Saint Vincent
2024 - $1,157,207,407
2023 $20,078,620,357 $1,072,237,037
2022 $20,992,421,949 $989,188,889
2021 $23,131,941,557 $888,677,778
2020 $31,712,128,254 $864,566,667
2019 $51,605,959,131 $910,481,481
2018 $54,901,519,156 $884,329,630
2017 $53,027,680,686 $844,040,741
2016 $51,147,308,774 $814,303,704
2015 $49,929,337,837 $786,555,556
2014 $48,095,213,747 $770,900,000
2013 $46,880,103,081 $764,781,259
2012 $44,016,799,516 $730,032,593
2011 $39,927,125,962 $713,796,370
2010 $38,443,907,042 $720,447,889
2009 $35,399,582,929 $714,300,259
2008 $29,118,916,105 $732,663,259
2007 $24,827,355,015 $713,596,667
2006 $22,022,709,851 $643,501,148
2005 $21,497,336,499 $579,948,926
2004 $21,159,827,992 $549,900,185
2003 $20,082,918,740 $509,090,889
2002 $19,152,238,806 $487,763,852
2001 $17,649,751,244 $462,072,333
2000 $17,260,364,842 $427,946,037
1999 $17,391,056,369 $390,718,519
1998 $17,247,179,006 $373,618,519
1997 $15,751,867,489 $347,770,370
1996 $13,690,217,334 $331,488,889
1995 $11,718,795,529 $316,007,407
1994 $9,599,127,050 $289,437,037
1993 $7,941,744,492 $286,307,407
1992 $5,843,579,161 $277,955,556
1991 $4,690,415,093 $254,829,630
1990 $2,838,485,354 $240,366,667
1989 $2,717,998,688 $214,745,002
1988 $3,313,540,068 $200,726,713
1987 - $175,580,647
1986 - $160,846,657
1985 - $145,641,705
1984 - $135,024,988
1983 - $122,255,350
1982 - $113,759,203
1981 - $102,086,539
1980 - $82,340,340
1979 - $71,096,360
1978 - $60,844,771
1977 - $49,353,162
1976 - $32,792,845
1975 - $33,237,226
1974 - $32,923,703
1973 - $30,165,081
1972 - $27,585,805
1971 - $20,051,922
1970 - $18,450,000
1969 - $16,650,000
1968 - $15,350,000
1967 - $15,835,106
1966 - $16,099,960
1965 - $15,108,296
1964 - $14,758,296
1963 - $13,708,299
1962 - $14,524,964
1961 - $13,999,965
1960 - $13,066,634

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/lebanon/saint-vincent | CC BY

GDP per capita in Lebanon vs Saint Vincent by year

Lebanon
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $11,501 $21,272
2023 $3,478 $12,575 $10,582 $19,820
2022 $3,654 $12,293 $9,694 $18,035
2021 $4,045 $11,600 $8,641 $16,201
2020 $5,561 $16,260 $8,351 $15,337
2019 $8,906 $21,710 $8,741 $15,340
2018 $9,175 $21,985 $8,428 $14,690
2017 $8,608 $20,964 $7,988 $13,575
2016 $8,089 $18,941 $7,657 $13,493
2015 $7,714 $17,046 $7,354 $12,379
2014 $7,578 $16,140 $7,169 $12,136
2013 $8,162 $16,316 $7,072 $11,625
2012 $8,407 $16,121 $6,714 $10,989
2011 $7,835 $14,975 $6,528 $10,774
2010 $7,626 $14,704 $6,552 $10,561
2009 $7,091 $13,586 $6,464 $10,869
2008 $5,912 $12,416 $6,599 $10,902
2007 $5,125 $11,356 $6,398 $10,604
2006 $4,635 $10,312 $5,745 $9,949
2005 $4,602 $10,020 $5,157 $8,986
2004 $4,601 $9,609 $4,873 $8,472
2003 $4,438 $8,914 $4,500 $7,903
2002 $4,291 $8,586 $4,303 $7,250
2001 $4,010 $8,289 $4,071 $6,768
2000 $3,987 $7,938 $3,769 $6,503
1999 $4,087 $7,793 $3,447 $6,266
1998 $4,125 $7,861 $3,301 $6,026
1997 $3,834 $7,632 $3,074 $5,726
1996 $3,393 $7,560 $2,930 $5,440
1995 $2,959 $6,796 $2,795 $5,277
1994 $2,468 $6,367 $2,563 $4,802
1993 $2,079 $5,871 $2,540 $4,769
1992 $1,559 $5,279 $2,471 $4,477
1991 $1,278 $4,527 $2,271 $4,126
1990 $790 $2,990 $2,150 $3,960
1989 $771 - $1,930 -
1988 $959 - $1,814 -
1987 - - $1,596 -
1986 - - $1,472 -
1985 - - $1,342 -
1984 - - $1,254 -
1983 - - $1,144 -
1982 - - $1,074 -
1981 - - $972 -
1980 - - $790 -
1979 - - $687 -
1978 - - $592 -
1977 - - $484 -
1976 - - $324 -
1975 - - $331 -
1974 - - $331 -
1973 - - $306 -
1972 - - $282.1 -
1971 - - $207 -
1970 - - $192.3 -
1969 - - $175.2 -
1968 - - $163.1 -
1967 - - $170 -
1966 - - $174.9 -
1965 - - $166.2 -
1964 - - $164.4 -
1963 - - $154.9 -
1962 - - $166.5 -
1961 - - $163 -
1960 - - $154.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/lebanon/saint-vincent | CC BY

Lebanon's GDP per capita is $3,478, ranking 135/197, compared to $11,501 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

Lebanon Saint Vincent
Gross domestic product
$20.1B
2023
$1.16B
2024
GDP rank
128/197
2023
186/197
2024
GDP growth
-0.76%
2022-2023
4.06%
2023-2024
GDP per capita
$3,478
2023
$11,501
2024
GDP per capita rank
135/197
2023
81/197
2024
GDP per capita, PPP
$12,575
2023
$21,272
2024
GDP per capita PPP rank
123/197
2023
92/197
2024
Government debt
$38.7B
2023
$1.07B
2024
Debt-to-GDP ratio
163.8%
2024
92.7%
2024
Government debt per person
$6,704
2023
$10,659
2024
Government debt per person rank
70/185
2023
56/185
2024
Average annual personal income after taxes
$3,560
2026
$12,573
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
39.1%
2024
Consumer prices inflation
45.2%
2023-2024
3.63%
2023-2024
Central bank interest rate
20%
2023
n/a
Unemployment rate
11.3%
2019
18.8%
2008
Population
5906622
99237

Spending and national debt comparison by year

Lebanon
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
Lebanon Saint Vincent
Government spending Government debt Government spending Government debt
2024 16.5% 163.8% 39.1% 92.7%
2023 14.9% 192.8% 38.9% 89.4%
2022 13.4% 244.6% 36.6% 86.3%
2021 10.9% 358% 37.2% 88.4%
2020 23.2% 148.7% 32.9% 80.2%
2019 31.3% 172.1% 29.2% 68.2%
2018 32.3% 155.1% 26.3% 69.4%
2017 30.6% 150% 26.6% 69%
2016 28.3% 146.4% 27.1% 79.4%
2015 26.7% 140.8% 27.6% 75.1%
2014 28.8% 138.4% 30.4% 75%
2013 28.9% 135.4% 29.4% 69.9%
2012 30.2% 131.1% 26.5% 68.1%
2011 28.8% 134.4% 29.4% 64%
2010 29.2% 136.8% 31.1% 61.1%
2009 32.1% 144.5% 31% 57.2%
2008 34.3% 161.5% 28.4% 50.3%
2007 35.2% 169.3% 27.1% 48.5%
2006 36.1% 183.3% 26.1% 44.7%
2005 31.4% 178.9% 26.7% 50.5%
2004 33.3% 169.5% 24.9% 58.6%
2003 36.4% 171.3% 26% 55.3%
2002 36.8% 163.1% 25.7% 53.2%
2001 38.9% 163.1% 24.4% 52%
2000 42.8% 148.1% 23.8% 54.3%
1999 35.6% 130.2% 25.2% 52.9%
1998 34.7% 108.2% 25.2% 39.5%
1997 40.5% 100.2% 26% 38.8%
1996 43.6% 101.2% 20.9% 40.7%
1995 31.1% 79.6% 19.9% 46.8%
1994 47.3% 71.5% 22.4% 52.8%
1993 23% 50.5% 22.3% 48.1%
1992 36.1% 51.7% 25.4% 49.6%
1991 35.6% 67.1% 25.5% 52.1%
1990 40% 99.7% 23.1% 53.9%
1989 - - 27.6% -
1988 - - 24.8% -
1987 - - 23.7% -
1986 - - 22.3% -
1985 - - 21.4% -
1984 - - 23.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1999, retrieved 2026-02-20).

GeoRank.org/economy/lebanon/saint-vincent | CC BY

In 2024, Lebanon's government spending was $2.99B, accounting for 16.5% of its GDP, while Saint Vincent spent $453M, or 39.1% of GDP.

Debt-to-GDP ratio is 163.8% in Lebanon and 92.7% in Saint Vincent, ranking 6/185 and 29/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Saint Vincent
1x
Year Deficit/surplus, % of GDP
Lebanon Saint Vincent
2024 -0.19% -12.9%
2023 -1.7% -12%
2022 -7.77% -9.35%
2021 -2.67% -7.19%
2020 -7.37% -5.92%
2019 -10.5% -3.45%
2018 -11.3% -1.65%
2017 -8.65% -1.56%
2016 -8.88% 0.04%
2015 -7.48% -2.01%
2014 -6.22% -2.82%
2013 -8.82% -5.81%
2012 -8.43% -1.81%
2011 -5.94% -3.5%
2010 -7.47% -3.7%
2009 -8.1% -2.85%
2008 -9.86% -1.3%
2007 -10.9% -3.07%
2006 -10.6% -3.13%
2005 -8.57% -4.3%
2004 -9.83% -2.71%
2003 -14% -2.51%
2002 -16.2% -2%
2001 -21% -1.6%
2000 -23.9% -0.82%
1999 -16.7% -1.93%
1998 -17.3% -1.81%
1997 -24.5% -2.77%
1996 -25.7% 1.57%
1995 -13.6% 1.08%
1994 -29.1% 0.12%
1993 -7.19% -1.46%
1992 -24% -3.25%
1991 -19.5% -0.47%
1990 -30.2% 1.69%
1989 - -1.92%
1988 - 0.59%
1987 - 1.1%
1986 - 2.32%
1985 - 4.23%
1984 - 2.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

GeoRank.org/economy/lebanon/saint-vincent | 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 Saint Vincent's deficit of $128M, or 12% of GDP.

Over the past 34 years, Lebanon recorded a fiscal deficit in 34 of those years, while Saint Vincent ran a deficit in 29 years. On average, Lebanon posted an annual deficit equal to 13.1% of GDP, compared to deficit of 2.71% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
Lebanon

Saint Vincent
1x
Year Consumer prices inflation
Lebanon Saint Vincent
2024 45.2% 3.63%
2023 221.3% 4.56%
2022 171.2% 5.66%
2021 154.8% 1.57%
2020 84.9% -0.63%
2019 2.9% 0.91%
2018 6.1% 2.32%
2017 4.5% 2.15%
2016 -0.8% -0.15%
2015 -3.8% -1.73%
2014 1.1% 0.19%
2013 5.6% 0.81%
2012 6.6% 2.6%
2011 5% 3.19%
2010 4% 0.75%
2009 1.2% 0.42%
2008 10.7% 10.1%
2007 4.1% 7.24%
2006 4.1% 2.74%
2005 -1.4% 3.73%
2004 1.7% 2.96%
2003 1.3% 0.21%
2002 1.8% 1.86%
2001 -0.4% 0.9%
2000 -0.4% 0.17%
1999 0.2% 1.01%
1998 4.5% 2.14%
1997 7.7% 0.44%

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/saint-vincent | CC BY

Over the past 28 years, Lebanon has recorded an average annual inflation rate of 26.6%, compared with 2.13% in Saint Vincent. In 2024, inflation was 45.2% in Lebanon and 3.63% in Saint Vincent.

Top exports between countries

Lebanon
Export category Export value
Processed food, beverages & tobacco $20K
Saint Vincent
Export category Export value

Balance of trade

Lebanon Saint Vincent
Current account balance
-$5.64B
2023
-$157M
2024
Current account balance ranking
168/190
2023
93/190
2024
Current account balance, % of GDP
-28.1%
2023
-13.5%
2024
Goods imports
$16.7B
2023
$445M
2024
Goods exports
$3.85B
2023
$59.2M
2024
Service imports
$6.63B
2023
$196M
2024
Service exports
$7.92B
2023
$366M
2024
Imports of goods and services, % of GDP
73.7%
2023
n/a
Exports of goods and services, % of GDP
30.6%
2023
15.3%
2025

Economic freedom indices

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

Lebanon Saint Vincent
Economic freedom 43.1 60
Economic freedom ranking 183/197 98/197
Property rights 21.8 65.2
Government integrity 23.4 63.3
Judicial effectiveness 23.8 76.9
Tax burden 90.3 82
Government spending 93.3 56.2
Fiscal health 63.4 2.8
Business freedom 47.6 67.3
Labor freedom 48.4 60.1
Monetary freedom 0 77.3
Trade freedom 65.6 58.8
Investment freedom 20 70
Financial freedom 20 40

Economic freedom comparison by year

Lebanon
Saint Vincent
1x
Year Economic freedom index
Lebanon Saint Vincent
2026 43.1 60
2025 44.1 60.1
2024 48.3 59.8
2023 45.6 63.5
2022 47.3 65.7
2021 51.4 66.3
2020 51.7 66.8
2019 51.1 65.8
2018 53.2 67.7
2017 53.3 65.2
2016 59.5 68.8
2015 59.3 68
2014 59.4 67
2013 59.5 66.7
2012 60.1 66.5
2011 60.1 66.9
2010 59.5 66.9
2009 58.1 64.3
2008 60 -
2007 60.4 -
2006 57.5 -
2005 57.2 -
2004 56.9 -
2003 56.7 -
2002 57.1 -
2001 61 -
2000 56.1 -
1999 59.1 -
1998 59 -
1997 63.9 -
1996 63.2 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/lebanon/saint-vincent | CC BY

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Saint Vincent
Services, % of GDP
42.4%
2023
66.4%
2024
Industry, % of GDP
2.09%
2023
15.4%
2024
Agriculture, forestry, and fishing, % of GDP
0.97%
2023
3.55%
2024
GNI, Atlas method
$21.4B
2023
$1.11B
2024
GNI per capita, PPP
$12,420
2023
$21,150
2024
Total reserves including gold
$33.3B
2024
$317M
2024
Total reserves ranking
54/177
2024
167/177
2024
Net foreign direct investment
-$583M
2023
-$74M
2024
Net inflows of foreign direct investment
$1.84B
2024
$139M
2024
Net outflows of foreign direct investment
$391M
2024
-$1.92M
2024
Servicing debt to the IMF, % of GNI
22%
2023
3.84%
2024
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/saint-vincent | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, 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 (1984–1999, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2021, retrieved 2026-02-08)

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.