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Economy of Lebanon vs Uganda compared: GDP & Debt

Updated on by Georank team

Lebanon has a GDP of $20.1B compared to $53.9B for Uganda, ranking 128/197 and 89/197 by economy size, respectively.

Lebanon has $38.7B in government debt (163.8% of GDP), compared to $27.8B (51.5% of GDP) in Uganda.

Lebanon vs Uganda GDP by year

Lebanon
Uganda
1x
Year GDP, current $
Lebanon Uganda
2024 - $53,911,907,086
2023 $20,078,620,357 $48,768,955,863
2022 $20,992,421,949 $45,565,333,211
2021 $23,131,941,557 $40,529,788,749
2020 $31,712,128,254 $37,600,368,242
2019 $51,605,959,131 $35,353,061,003
2018 $54,901,519,156 $32,927,025,620
2017 $53,027,680,686 $30,744,473,841
2016 $51,147,308,774 $29,203,988,696
2015 $49,929,337,837 $32,387,183,730
2014 $48,095,213,747 $32,612,397,257
2013 $46,880,103,081 $28,915,786,517
2012 $44,016,799,516 $27,305,915,911
2011 $39,927,125,962 $27,871,725,241
2010 $38,443,907,042 $26,673,441,431
2009 $35,399,582,929 $25,127,805,567
2008 $29,118,916,105 $14,440,404,132
2007 $24,827,355,015 $11,902,564,495
2006 $22,022,709,851 $9,977,647,683
2005 $21,497,336,499 $9,239,221,763
2004 $21,159,827,992 $7,939,487,548
2003 $20,082,918,740 $6,606,884,275
2002 $19,152,238,806 $6,178,563,591
2001 $17,649,751,244 $5,840,503,869
2000 $17,260,364,842 $6,193,246,837
1999 $17,391,056,369 $5,998,563,258
1998 $17,247,179,006 $6,584,815,847
1997 $15,751,867,489 $6,269,333,313
1996 $13,690,217,334 $6,044,585,327
1995 $11,718,795,529 $5,755,818,842
1994 $9,599,127,050 $3,990,430,447
1993 $7,941,744,492 $3,220,439,044
1992 $5,843,579,161 $2,857,457,762
1991 $4,690,415,093 $3,321,729,160
1990 $2,838,485,354 $4,304,399,310
1989 $2,717,998,688 $5,276,480,799
1988 $3,313,540,068 $6,508,931,652
1987 - $6,269,522,042
1986 - $3,923,244,050
1985 - $3,519,695,444
1984 - $3,615,647,477
1983 - $2,240,333,333
1982 - $2,177,500,000
1981 - $1,337,300,000
1980 - $1,244,610,000
1979 - $2,139,025,000
1978 - $2,420,260,870
1977 - $2,936,470,588
1976 - $2,447,300,000
1975 - $2,359,555,556
1974 - $2,098,944,967
1973 - $1,701,829,789
1972 - $1,490,970,181
1971 - $1,417,191,656
1970 - $1,259,554,809
1969 - $1,168,556,629
1968 - $1,037,379,252
1967 - $967,240,655
1966 - $925,381,492
1965 - $884,502,310
1964 - $589,247,687
1963 - $516,315,231
1962 - $449,158,233
1961 - $441,667,335
1960 - $423,145,605

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

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

GDP per capita in Lebanon vs Uganda by year

Lebanon
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $1,078 $3,273
2023 $3,478 $12,575 $1,002 $3,098
2022 $3,654 $12,293 $963 $2,919
2021 $4,045 $11,600 $883 $2,685
2020 $5,561 $16,260 $846 $2,532
2019 $8,906 $21,710 $822 $2,441
2018 $9,175 $21,985 $792 $2,312
2017 $8,608 $20,964 $765 $2,158
2016 $8,089 $18,941 $753 $2,165
2015 $7,714 $17,046 $863 $2,190
2014 $7,578 $16,140 $896 $2,134
2013 $8,162 $16,316 $818 $2,045
2012 $8,407 $16,121 $795 $2,032
2011 $7,835 $14,975 $836 $2,268
2010 $7,626 $14,704 $823 $2,092
2009 $7,091 $13,586 $799 $2,015
2008 $5,912 $12,416 $473 $1,931
2007 $5,125 $11,356 $401 $1,795
2006 $4,635 $10,312 $347 $1,660
2005 $4,602 $10,020 $330 $1,497
2004 $4,601 $9,609 $292.4 $1,405
2003 $4,438 $8,914 $250.7 $1,320
2002 $4,291 $8,586 $242 $1,255
2001 $4,010 $8,289 $236 $1,173
2000 $3,987 $7,938 $258.1 $1,124
1999 $4,087 $7,793 $257.9 $1,100
1998 $4,125 $7,861 $292.5 $1,037
1997 $3,834 $7,632 $286.8 $1,007
1996 $3,393 $7,560 $284.7 $969
1995 $2,959 $6,796 $278.5 $897
1994 $2,468 $6,367 $198.4 $809
1993 $2,079 $5,871 $165.6 $770
1992 $1,559 $5,279 $152.1 $719
1991 $1,278 $4,527 $183 $703
1990 $790 $2,990 $245 $666
1989 $771 - $310 -
1988 $959 - $395 -
1987 - - $393 -
1986 - - $253.6 -
1985 - - $234.3 -
1984 - - $247.5 -
1983 - - $157.5 -
1982 - - $157 -
1981 - - $98.6 -
1980 - - $93.8 -
1979 - - $164.5 -
1978 - - $190.7 -
1977 - - $237.6 -
1976 - - $203.3 -
1975 - - $201.2 -
1974 - - $183.7 -
1973 - - $152.7 -
1972 - - $137 -
1971 - - $133.5 -
1970 - - $122 -
1969 - - $116.7 -
1968 - - $106.9 -
1967 - - $102.8 -
1966 - - $101.4 -
1965 - - $100 -
1964 - - $68.6 -
1963 - - $62 -
1962 - - $55.5 -
1961 - - $56.2 -
1960 - - $55.4 -

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

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

Lebanon's GDP per capita is $3,478, ranking 135/197, compared to $1,078 in Uganda, ranking 176/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Uganda ranks 176th at $3,273.

Economic indicators

Lebanon Uganda
Gross domestic product
$20.1B
2023
$53.9B
2024
GDP rank
128/197
2023
89/197
2024
GDP growth
-0.76%
2022-2023
6.06%
2023-2024
GDP per capita
$3,478
2023
$1,078
2024
GDP per capita rank
135/197
2023
176/197
2024
GDP per capita, PPP
$12,575
2023
$3,273
2024
GDP per capita PPP rank
123/197
2023
176/197
2024
Government debt
$38.7B
2023
$27.8B
2024
Debt-to-GDP ratio
163.8%
2024
51.5%
2024
Government debt per person
$6,704
2023
$555
2024
Government debt per person rank
70/185
2023
163/185
2024
Average annual personal income after taxes
$3,560
2026
$1,466
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
34.5%
2019
Income share by poorest 10%
2.8%
2022
2.4%
2019
Government expenditure, % of GDP
16.5%
2024
18.7%
2024
Consumer prices inflation
45.2%
2023-2024
3.3%
2023-2024
Central bank interest rate
20%
2023
9.75%
2024
Unemployment rate
11.3%
2019
3.42%
2021
Population
5906622
53170946

Spending and national debt comparison by year

Lebanon
Spending

Debt
Uganda
Spending

Debt
1x
Year % of GDP
Lebanon Uganda
Government spending Government debt Government spending Government debt
2024 16.5% 163.8% 18.7% 51.5%
2023 14.9% 192.8% 19.3% 50.5%
2022 13.4% 244.6% 19.5% 50.2%
2021 10.9% 358% 22% 50.3%
2020 23.2% 148.7% 21.4% 46.3%
2019 31.3% 172.1% 18.3% 37.5%
2018 32.3% 155.1% 16.2% 34.9%
2017 30.6% 150% 16.3% 33.6%
2016 28.3% 146.4% 15.2% 31.3%
2015 26.7% 140.8% 14.9% 28%
2014 28.8% 138.4% 13.6% 24.8%
2013 28.9% 135.4% 13.3% 22.1%
2012 30.2% 131.1% 13.1% 19.5%
2011 28.8% 134.4% 13.2% 18%
2010 29.2% 136.8% 15.4% 18.4%
2009 32.1% 144.5% 11.8% 14.8%
2008 34.3% 161.5% 12.9% 15.7%
2007 35.2% 169.3% 13.2% 17%
2006 36.1% 183.3% 13.7% 27.8%
2005 31.4% 178.9% 14.5% 42.6%
2004 33.3% 169.5% 15.6% 49%
2003 36.4% 171.3% 16.5% 55.1%
2002 36.8% 163.1% 16.8% 54.7%
2001 38.9% 163.1% 16.2% 51.4%
2000 42.8% 148.1% 15.2% 48.5%
1999 35.6% 130.2% 14.7% 47.7%
1998 34.7% 108.2% 14% 45.1%
1997 40.5% 100.2% 13.9% 44.2%
1996 43.6% 101.2% - -
1995 31.1% 79.6% - -
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20).

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

In 2024, Lebanon's government spending was $2.99B, accounting for 16.5% of its GDP, while Uganda spent $10.1B, or 18.7% of GDP.

Debt-to-GDP ratio is 163.8% in Lebanon and 51.5% in Uganda, ranking 6/185 and 103/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Uganda
1x
Year Deficit/surplus, % of GDP
Lebanon Uganda
2024 -0.19% -3.99%
2023 -1.7% -4.87%
2022 -7.77% -5.45%
2021 -2.67% -7.76%
2020 -7.37% -7.76%
2019 -10.5% -4.82%
2018 -11.3% -3.02%
2017 -8.65% -3.83%
2016 -8.88% -2.64%
2015 -7.48% -2.59%
2014 -6.22% -2.74%
2013 -8.82% -3.19%
2012 -8.43% -2.39%
2011 -5.94% -2.04%
2010 -7.47% -4.64%
2009 -8.1% -1.61%
2008 -9.86% -1.99%
2007 -10.9% -0.82%
2006 -10.6% -0.64%
2005 -8.57% -0.17%
2004 -9.83% 0.34%
2003 -14% -0.97%
2002 -16.2% -2.07%
2001 -21% -0.99%
2000 -23.9% -0.62%
1999 -16.7% -1.24%
1998 -17.3% -0.7%
1997 -24.5% -0.83%
1996 -25.7% -
1995 -13.6% -
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/uganda | 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 Uganda's deficit of $2.38B, or 4.87% of GDP.

Over the past 27 years, Lebanon recorded a fiscal deficit in 27 of those years, while Uganda ran a deficit in 26 years. On average, Lebanon posted an annual deficit equal to 10.9% of GDP, compared to deficit of 2.59% of GDP for Uganda.

Inflation comparison by year

Inflation
Lebanon

Uganda
1x
Year Consumer prices inflation
Lebanon Uganda
2024 45.2% 3.3%
2023 221.3% 5.4%
2022 171.2% 7.2%
2021 154.8% 2.2%
2020 84.9% 2.8%
2019 2.9% 2.1%
2018 6.1% 2.5%
2017 4.5% 5.6%
2016 -0.8% 5.2%
2015 -3.8% 3.7%
2014 1.1% 4.3%
2013 5.6% 5.5%
2012 6.6% 14%
2011 5% 18.7%
2010 4% 4%
2009 1.2% 13%
2008 10.7% 12%
2007 4.1% 6.1%
2006 4.1% 7.2%
2005 -1.4% 8.6%
2004 1.7% 3.7%
2003 1.3% 8.7%
2002 1.8% -0.3%
2001 -0.4% 1.9%
2000 -0.4% 3.4%
1999 0.2% 5.8%
1998 4.5% 5.8%
1997 7.7% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Lebanon has recorded an average annual inflation rate of 26.6%, compared with 6.08% in Uganda. In 2024, inflation was 45.2% in Lebanon and 3.3% in Uganda.

Top exports between countries

Lebanon
Export category Export value
Machinery & equipment $2.61M
Textiles & consumer goods $460K
Chemicals & pharma $214K
Metals $167K
Raw materials & minerals $100K
Wood & paper products $94K
Animal & marine products $38K
Processed food, beverages & tobacco $35K
Raw agricultural goods $25K
Miscellaneous $22K
Uganda
Export category Export value
Raw agricultural goods $3.11M
Animal & marine products $767K
Machinery & equipment $24K
Textiles & consumer goods $5K
Chemicals & pharma $1K
Processed food, beverages & tobacco $1K

Balance of trade

Lebanon Uganda
Current account balance
-$5.64B
2023
-$4.29B
2024
Current account balance ranking
168/190
2023
164/190
2024
Current account balance, % of GDP
-28.1%
2023
-7.96%
2024
Goods imports
$16.7B
2023
$11.7B
2024
Goods exports
$3.85B
2023
$8.67B
2024
Service imports
$6.63B
2023
$4.38B
2024
Service exports
$7.92B
2023
$2.39B
2024
Imports of goods and services, % of GDP
73.7%
2023
25.9%
2024
Exports of goods and services, % of GDP
30.6%
2023
16.8%
2024

Economic freedom indices

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

Lebanon Uganda
Economic freedom 43.1 52.4
Economic freedom ranking 183/197 149/197
Property rights 21.8 42.2
Government integrity 23.4 25.1
Judicial effectiveness 23.8 29.4
Tax burden 90.3 73.4
Government spending 93.3 89
Fiscal health 63.4 58.3
Business freedom 47.6 50.2
Labor freedom 48.4 55.9
Monetary freedom 0 77.1
Trade freedom 65.6 58
Investment freedom 20 30
Financial freedom 20 40

Economic freedom comparison by year

Lebanon
Uganda
1x
Year Economic freedom index
Lebanon Uganda
2026 43.1 52.4
2025 44.1 51.3
2024 48.3 50.7
2023 45.6 51.4
2022 47.3 54.2
2021 51.4 58.6
2020 51.7 59.5
2019 51.1 59.7
2018 53.2 62
2017 53.3 60.9
2016 59.5 59.3
2015 59.3 59.7
2014 59.4 59.9
2013 59.5 61.1
2012 60.1 61.9
2011 60.1 61.7
2010 59.5 62.2
2009 58.1 63.5
2008 60 63.8
2007 60.4 63.1
2006 57.5 63.9
2005 57.2 62.9
2004 56.9 64.1
2003 56.7 60.1
2002 57.1 61
2001 61 60.4
2000 56.1 58.2
1999 59.1 64.8
1998 59 64.7
1997 63.9 66.6
1996 63.2 66.2
1995 - 62.9

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

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 52.4 for Uganda, ranking 149/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Uganda
Services, % of GDP
42.4%
2023
43.1%
2024
Industry, % of GDP
2.09%
2023
24.9%
2024
Agriculture, forestry, and fishing, % of GDP
0.97%
2023
24.6%
2024
GNI, Atlas method
$21.4B
2023
$50.9B
2024
GNI per capita, PPP
$12,420
2023
$3,190
2024
Total reserves including gold
$33.3B
2024
$3.36B
2018
Total reserves ranking
54/177
2024
114/177
2018
Net foreign direct investment
-$583M
2023
-$3.26B
2024
Net inflows of foreign direct investment
$1.84B
2024
$3.26B
2024
Net outflows of foreign direct investment
$391M
2024
$400K
2024
Servicing debt to the IMF, % of GNI
22%
2023
2.96%
2024
Poverty at national poverty lines
27.4%
2012
20.3%
2019
Gross capital formation, % of GDP
1.9%
2023
22.4%
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/uganda | 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 (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20)
  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.