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Economy of Lebanon vs Slovakia compared: GDP & Debt

Updated on by Georank

Lebanon has a GDP of $26B compared to $155B for Slovakia, ranking 121/197 and 60/197 by economy size, respectively.

Lebanon has $41B in government debt (139.4% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Lebanon vs Slovakia GDP by year

Lebanon
Slovakia
1x
Year GDP, current $
Lebanon Slovakia
2025 - $154,530,066,507
2024 $25,971,643,441 $140,934,076,532
2023 $20,078,620,357 $133,578,518,424
2022 $20,992,421,949 $115,792,972,358
2021 $23,131,941,557 $120,511,265,913
2020 $31,712,128,254 $107,732,602,896
2019 $51,605,959,131 $105,843,498,304
2018 $54,901,519,156 $106,611,673,365
2017 $53,027,680,686 $95,978,130,735
2016 $51,147,308,774 $90,347,173,229
2015 $49,929,337,837 $89,178,548,717
2014 $48,095,213,747 $101,713,075,599
2013 $46,880,103,081 $99,134,277,850
2012 $44,016,799,516 $94,724,394,278
2011 $39,927,125,962 $99,705,104,723
2010 $38,443,907,042 $91,112,160,801
2009 $35,399,582,929 $89,342,984,698
2008 $29,118,916,105 $96,685,492,864
2007 $24,827,355,015 $77,019,443,089
2006 $22,022,709,851 $57,111,148,619
2005 $21,497,336,499 $48,823,790,951
2004 $21,159,827,992 $42,960,730,480
2003 $20,082,918,740 $33,761,723,946
2002 $19,152,238,806 $24,768,142,566
2001 $17,649,751,244 $21,377,597,035
2000 $17,260,364,842 $20,626,538,612
1999 $17,391,056,369 $20,813,421,086
1998 $17,247,179,006 $22,911,708,405
1997 $15,751,867,489 $22,026,728,498
1996 $13,690,217,334 $21,864,845,214
1995 $11,718,795,529 $20,306,095,054
1994 $9,599,127,050 $16,187,735,322
1993 $7,941,744,492 $13,991,963,247
1992 $5,843,579,161 $12,932,972,789
1991 $4,690,415,093 $11,952,983,608
1990 $2,838,485,354 $17,068,924,602
1989 $2,717,998,688 -
1988 $3,313,540,068 -

Data sources: World Bank | Economy & Growth (1988–2025, retrieved 2026-07-08).

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

GDP per capita in Lebanon vs Slovakia by year

Lebanon
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $28,544 -
2024 $4,473 - $25,993 $48,132
2023 $3,478 $12,575 $24,615 $45,974
2022 $3,654 $12,293 $21,318 $41,562
2021 $4,045 $11,600 $22,123 $38,346
2020 $5,561 $16,260 $19,735 $35,328
2019 $8,906 $21,710 $19,406 $33,986
2018 $9,175 $21,985 $19,573 $31,510
2017 $8,608 $20,964 $17,646 $30,246
2016 $8,089 $18,941 $16,636 $29,868
2015 $7,714 $17,046 $16,442 $30,148
2014 $7,578 $16,140 $18,771 $29,108
2013 $8,162 $16,316 $18,313 $28,075
2012 $8,407 $16,121 $17,517 $27,023
2011 $7,835 $14,975 $18,469 $26,202
2010 $7,626 $14,704 $16,899 $25,382
2009 $7,091 $13,586 $16,587 $23,077
2008 $5,912 $12,416 $17,974 $23,714
2007 $5,125 $11,356 $14,330 $21,232
2006 $4,635 $10,312 $10,629 $18,906
2005 $4,602 $10,020 $9,087 $16,570
2004 $4,601 $9,609 $7,997 $15,166
2003 $4,438 $8,914 $6,283 $14,088
2002 $4,291 $8,586 $4,606 $13,292
2001 $4,010 $8,289 $3,974 $12,367
2000 $3,987 $7,938 $3,828 $11,370
1999 $4,087 $7,793 $3,857 $10,726
1998 $4,125 $7,861 $4,250 $10,666
1997 $3,834 $7,632 $4,092 $10,137
1996 $3,393 $7,560 $4,069 $9,500
1995 $2,959 $6,796 $3,787 $8,812
1994 $2,468 $6,367 $3,028 $8,178
1993 $2,079 $5,871 $2,627 $7,569
1992 $1,559 $5,279 $2,438 $7,270
1991 $1,278 $4,527 $2,254 $7,623
1990 $790 $2,990 $3,221 $8,638
1989 $771 - - -
1988 $959 - - -

Data sources: World Bank | Economy & Growth (1988–2025, retrieved 2026-07-08).

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

Lebanon's GDP per capita is $4,473, ranking 129/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Slovakia ranks 49th at $48,132.

Economic indicators

Lebanon Slovakia
Gross domestic product
$26B
2024
$155B
2025
GDP rank
121/197
2024
60/197
2025
GDP growth
-7.08%
2023-2024
0.81%
2024-2025
GDP per capita
$4,473
2024
$28,544
2025
GDP per capita rank
129/197
2024
46/197
2025
GDP per capita, PPP
$12,575
2023
$48,132
2024
GDP per capita PPP rank
123/197
2023
49/197
2024
Government debt
$41B
2024
$95.3B
2025
Debt-to-GDP ratio
139.4%
2025
61.6%
2025
Government debt per person
$7,061
2024
$17,597
2025
Government debt per person rank
71/185
2024
36/185
2025
Average annual personal income after taxes
$3,055
2026
$17,518
2026
Market capitalization of domestic companies
$10.6B
2021
$5.38B
2014
Number of billionaires
6
2026
2
2026
Income share by richest 10%
25.6%
2022
18.8%
2023
Income share by poorest 10%
2.8%
2022
3.3%
2023
Government expenditure, % of GDP
15.5%
2025
48.7%
2025
Consumer prices inflation
14.6%
2024-2025
4%
2024-2025
Central bank interest rate
20%
2023
n/a
Unemployment rate
11.3%
2019
5.4%
2025
Population
5921719
5376239

Spending and national debt comparison by year

Lebanon
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Lebanon Slovakia
Government spending Government debt Government spending Government debt
2025 15.5% 139.4% 48.7% 61.6%
2024 15.3% 157.9% 47.5% 59.7%
2023 14.3% 185.8% 48.2% 55.8%
2022 12.9% 235.9% 43.1% 57.8%
2021 10.5% 346% 44.8% 60.2%
2020 24.5% 157.2% 44.5% 58.4%
2019 31.3% 171.9% 40.6% 48%
2018 32.1% 154% 39.7% 49.3%
2017 30.7% 150.4% 39.8% 51.4%
2016 28.6% 147.9% 40.9% 52.1%
2015 26.7% 140.9% 44.1% 51.6%
2014 28.9% 138.5% 42% 53.4%
2013 28.9% 135.4% 41.1% 54.6%
2012 30.2% 131.1% 40% 51.7%
2011 28.8% 134.4% 40.8% 43.3%
2010 29.2% 136.8% 41% 40.7%
2009 32.1% 144.5% 43.2% 36.4%
2008 34.3% 161.5% 36.5% 28.6%
2007 35.2% 169.3% 35.9% 30.4%
2006 36.1% 183.3% 38.2% 31.5%
2005 31.4% 178.9% 39.1% 35%
2004 33.3% 169.5% 38.4% 42%
2003 36.4% 171.3% 40% 43.6%
2002 36.8% 163.1% 46% 45.6%
2001 38.9% 163.1% 46.2% 51.4%
2000 42.8% 148.1% 53.2% 50.6%
1999 35.6% 130.2% 48.4% 47.1%
1998 34.7% 108.2% 46.2% 33.9%
1997 40.5% 100.2% 48.6% 32.8%
1996 43.6% 101.2% 52.8% 30.3%
1995 31.1% 79.6% 47.8% 21.3%
1994 47.3% 71.5% - -
1993 23% 50.5% - -
1992 36.1% 51.7% - -
1991 35.6% 67.1% - -
1990 40% 99.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-07-08).

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

In 2025, Lebanon's government spending was $3.98B, accounting for 15.5% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 139.4% in Lebanon and 61.6% in Slovakia, ranking 8/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Slovakia
1x
Year Deficit/surplus, % of GDP
Lebanon Slovakia
2025 3.25% -5.02%
2024 0.39% -5.5%
2023 -1.64% -5.3%
2022 -7.49% -1.56%
2021 -2.57% -5.09%
2020 -7.79% -5.3%
2019 -10.5% -1.21%
2018 -11.2% -1.01%
2017 -8.68% -0.98%
2016 -8.98% -2.59%
2015 -7.49% -2.78%
2014 -6.22% -3.25%
2013 -8.83% -2.86%
2012 -8.43% -4.37%
2011 -5.94% -4.36%
2010 -7.47% -7.44%
2009 -8.1% -8.18%
2008 -9.86% -2.54%
2007 -10.9% -2.26%
2006 -10.6% -3.57%
2005 -8.57% -2.86%
2004 -9.83% -2.36%
2003 -14% -2.28%
2002 -16.2% -8.35%
2001 -21% -7.74%
2000 -23.9% -12.7%
1999 -16.7% -7.25%
1998 -17.3% -5.37%
1997 -24.5% -6.24%
1996 -25.7% -9.72%
1995 -13.6% -3.43%
1994 -29.1% -
1993 -7.19% -
1992 -24% -
1991 -19.5% -
1990 -30.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2024, Lebanon's government surplus, the difference between spending and revenue, was $102M, equivalent to 0.39% of GDP. This compares to Slovakia's deficit of $7.75B, or 5.5% of GDP.

Over the past 30 years, Lebanon recorded a fiscal deficit in 29 of those years, while Slovakia ran a deficit in 30 years. On average, Lebanon posted an annual deficit equal to 11.1% of GDP, compared to deficit of 4.61% of GDP for Slovakia.

Inflation comparison by year

Inflation
Lebanon

Slovakia
1x
Year Consumer prices inflation
Lebanon Slovakia
2025 14.6% 4%
2024 45.2% 2.76%
2023 221.3% 10.5%
2022 171.2% 12.8%
2021 154.8% 3.15%
2020 84.9% 1.94%
2019 2.9% 2.66%
2018 6.1% 2.51%
2017 4.4% 1.31%
2016 -0.8% -0.52%
2015 -3.7% -0.33%
2014 1.9% -0.08%
2013 4.8% 1.4%
2012 6.6% 3.61%
2011 5% 3.92%
2010 4% 0.96%
2009 1.2% 1.62%
2008 10.7% 4.6%
2007 4.1% 2.76%
2006 4.1% 4.48%
2005 -1.4% 2.71%
2004 1.7% 7.55%
2003 1.3% 8.55%
2002 1.8% 3.13%
2001 -0.4% 7.33%
2000 -0.4% 12%
1999 0.2% 10.6%
1998 4.5% 6.67%
1997 7.7% 6.14%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Lebanon has recorded an average annual inflation rate of 26.1%, compared with 4.44% in Slovakia. In 2025, inflation was 14.6% in Lebanon and 4% in Slovakia.

Top exports between countries

Lebanon
Export category Export value
Machinery & equipment $112K
Chemicals & pharma $36K
Textiles & consumer goods $33K
Wood & paper products $21K
Raw materials & minerals $14K
Processed food, beverages & tobacco $12K
Miscellaneous $4K
Raw agricultural goods $1K
Slovakia
Export category Export value
Machinery & equipment $34.1M
Miscellaneous $1.94M
Processed food, beverages & tobacco $660K
Chemicals & pharma $349K
Textiles & consumer goods $331K
Raw materials & minerals $218K
Metals $73K
Animal & marine products $67K
Wood & paper products $43K
Precious metals & jewellery $3K

Balance of trade

Lebanon Slovakia
Current account balance
-$5.64B
2023
-$5.6B
2025
Current account balance ranking
166/190
2023
165/190
2025
Current account balance, % of GDP
-28.1%
2023
-3.63%
2025
Goods imports
$16.7B
2023
$117B
2025
Goods exports
$3.85B
2023
$117B
2025
Service imports
$6.63B
2023
$14.3B
2025
Service exports
$7.92B
2023
$14.7B
2025
Imports of goods and services, % of GDP
58.9%
2024
85.2%
2025
Exports of goods and services, % of GDP
23.3%
2024
85.1%
2025

Economic freedom indices

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

Lebanon Slovakia
Economic freedom 43.1 67.7
Economic freedom ranking 183/197 54/197
Property rights 21.8 82.6
Government integrity 23.4 57.2
Judicial effectiveness 23.8 70.5
Tax burden 90.3 75.4
Government spending 93.3 36.4
Fiscal health 63.4 69.6
Business freedom 47.6 71.1
Labor freedom 48.4 55.1
Monetary freedom 0 69.7
Trade freedom 65.6 79.4
Investment freedom 20 75
Financial freedom 20 70

Economic freedom comparison by year

Lebanon
Slovakia
1x
Year Economic freedom index
Lebanon Slovakia
2026 43.1 67.7
2025 44.1 68.4
2024 48.3 68.1
2023 45.6 69
2022 47.3 69.7
2021 51.4 66.3
2020 51.7 66.8
2019 51.1 65
2018 53.2 65.3
2017 53.3 65.7
2016 59.5 66.6
2015 59.3 67.2
2014 59.4 66.4
2013 59.5 68.7
2012 60.1 67
2011 60.1 69.5
2010 59.5 69.7
2009 58.1 69.4
2008 60 70
2007 60.4 69.6
2006 57.5 69.8
2005 57.2 66.8
2004 56.9 64.6
2003 56.7 59
2002 57.1 59.8
2001 61 58.5
2000 56.1 53.8
1999 59.1 54.2
1998 59 57.5
1997 63.9 55.5
1996 63.2 57.6
1995 - 60.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Slovakia
Services, % of GDP
35.7%
2024
59.8%
2025
Industry, % of GDP
2.63%
2024
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.05%
2024
1.59%
2025
GNI, Atlas method
$20.7B
2024
$143B
2025
GNI per capita, PPP
$11,790
2024
$47,920
2025
Total reserves including gold
$33.3B
2024
$18.2B
2025
Total reserves ranking
56/177
2024
69/177
2025
Net foreign direct investment
-$583M
2023
-$198M
2025
Net inflows of foreign direct investment
$1.84B
2024
$5.01B
2024
Net outflows of foreign direct investment
$391M
2024
$2.24B
2024
Servicing debt to the IMF, % of GNI
9.68%
2024
n/a
Poverty at national poverty lines
27.4%
2012
13.7%
2021
Gross capital formation, % of GDP
1.44%
2024
20.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2020–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.