Lebanon vs the United States: Economic Indicators Comparison
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Lebanon ranked 81st with $56.6B. By GDP 5-years average growth and GDP per capita, the United States and Lebanon ranked 113th vs 156th and 11th vs 83rd, respectively.
Gross Domestic Product & Income
Stat | Lebanon | United States |
---|---|---|
GDP | $56.6B | $20.5T |
GDP growth, 1 year | 0.3% | 2.9% |
GDP growth, 5-years average | 0.9% | 2.4% |
Population | 6.1M | 325.1M |
GDP per capita | $8.3k | $63k |
GDP per capita growth | -0.34% | 2.29% |
Purchasing Power Parity conversion factor | 953.03 | 1 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.63 | 1 |
GDP per capita, PPP adjusted | $15k | $63k |
GNI, Atlas method | $54.2B | $20.6T |
GNI per capita | $7.9k | $63k |
GNI, PPP adjusted | $89.1B | $20.8T |
GNI per capita, PPP adjusted | $13k | $64k |
Financial system and Human development
Stat | Lebanon | United States |
---|---|---|
Income Tax Rate | 20% | 37% |
Corporate Tax Rate | 17% | 21% |
Inflation, consumer prices | 6.1% | 2.4% |
Inflation, GDP deflator | 5.9% | 2.4% |
Unemployment | 6.2% | 3.9% |
Economic Freedom Index | 51.7 | 76.6 |
Personal Freedom Index | 6.29 | 8.55 |
Human Freedom Index | 6.72 | 8.39 |
Property Rights Index | 44.6 | 81.8 |
Judical Effectiveness Index | 30.8 | 83.7 |
Business Freedom Index | 45.6 | 83.3 |
Fiscal Health Index | 0 | 54.3 |
Labor Freedom Index | 47.8 | 87.9 |
Investment Freedom Index | 60 | 85 |
Financial Freedom Index | 50 | 80 |
Trade Freedom Index | 77.4 | 79.8 |
Monetary Freedom Index | 75.6 | 75.5 |
Government Spending Index | 72.5 | 56.5 |
Tax Burden Index | 90.8 | 74.6 |
Government Integrity Index | 25 | 77.2 |
Corruption Perceptions Index | 28 | 71 |
Life expectancy at birth, years | 78.8 | 78.5 |
Suicide mortality rate, per 100,000 people | 3.3 | 15.3 |
Mortality caused by road traffic injury, per 100,000 people | 18.1 | 12.4 |
Intentional homicides, per 100,000 people | 4 | 5.3 |
International tourism, number of arrivals | 2M | 79.7M |
Government debt & reserves
Stat | Lebanon | United States |
---|---|---|
Central government debt, % of GDP | 150.9% | 105.8% |
External debt stocks, % of GNI | 145.1% | N/A |
External debt stocks | $79.3B | N/A |
Short-term debt, % of total reserves | 10.6% | N/A |
Total debt service, % of exports and primary income | 72.1% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | -16.9% | 6.1% |
Gross savings, % of GDP | 5.5% | 18.6% |
Gross capital formation, % of GDP | 19.5% | 21% |
Total reserves including gold | $52.4B | $449.9B |
Foreign direct investment net inflows | $2.6B | $258.4B |
Exports, imports and economic structure
Stat | Lebanon | United States |
---|---|---|
Exports of goods and services, % of GDP | 23.3% | 12.2% |
Imports of goods and services, % of GDP | 39.6% | 15.3% |
Current account balance (balance of payments) | -$12.4B | -$491B |
Revenue excluding grants, % of GDP | 19.8% | 17.2% |
Grants excluding technical cooperation, BoP | $1.2B | N/A |
Personal remittances received | $6.9B | $6.7B |
Industry including construction value added, % of GDP | 14.1% | 18.2% |
Agriculture, forestry and fishing value added, % of GDP | 2.9% | 0.9% |
Charges for the use of intellectual property, payments BoP | $15.7M | $56.1B |
Charges for the use of intellectual property, receipts BoP | $17.7M | $128.7B |
Expense, % of GDP | 25.8% | 22.4% |
Government Expenditure, % of GDP | 30.3% | 38.1% |