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Economy of Lebanon vs Uruguay compared: GDP & Debt

Updated on by Georank

Lebanon has a GDP of $26B compared to $85.3B for Uruguay, ranking 121/197 and 84/197 by economy size, respectively.

Lebanon has $41B in government debt (139.4% of GDP), compared to $56B (65.7% of GDP) in Uruguay.

Lebanon vs Uruguay GDP by year

Lebanon
Uruguay
1x
Year GDP, current $
Lebanon Uruguay
2025 - $85,347,696,278
2024 $25,971,643,441 $82,322,859,144
2023 $20,078,620,357 $79,208,725,900
2022 $20,992,421,949 $71,240,669,088
2021 $23,131,941,557 $60,739,061,281
2020 $31,712,128,254 $53,559,354,501
2019 $51,605,959,131 $62,222,324,965
2018 $54,901,519,156 $65,344,577,416
2017 $53,027,680,686 $65,006,039,810
2016 $51,147,308,774 $57,480,787,465
2015 $49,929,337,837 $57,680,327,999
2014 $48,095,213,747 $61,496,186,974
2013 $46,880,103,081 $61,337,621,934
2012 $44,016,799,516 $54,232,266,359
2011 $39,927,125,962 $50,342,406,067
2010 $38,443,907,042 $41,950,361,212
2009 $35,399,582,929 $32,708,319,078
2008 $29,118,916,105 $31,119,602,539
2007 $24,827,355,015 $23,797,773,024
2006 $22,022,709,851 $19,741,420,740
2005 $21,497,336,499 $17,362,857,684
2004 $21,159,827,992 $13,686,329,890
2003 $20,082,918,740 $12,045,638,352
2002 $19,152,238,806 $13,606,515,723
2001 $17,649,751,244 $20,898,761,742
2000 $17,260,364,842 $22,823,270,892
1999 $17,391,056,369 $23,983,945,191
1998 $17,247,179,006 $25,385,886,978
1997 $15,751,867,489 $23,969,739,234
1996 $13,690,217,334 $20,515,458,114
1995 $11,718,795,529 $19,297,663,097
1994 $9,599,127,050 $17,474,588,896
1993 $7,941,744,492 $15,002,136,971
1992 $5,843,579,161 $12,878,148,791
1991 $4,690,415,093 $11,206,176,651
1990 $2,838,485,354 $9,298,807,850
1989 $2,717,998,688 $8,438,951,476
1988 $3,313,540,068 $8,213,538,369
1987 - $7,367,494,080
1986 - $5,880,112,788
1985 - $4,732,017,873
1984 - $4,850,238,550
1983 - $5,102,276,308
1982 - $9,178,780,077
1981 - $11,048,301,421
1980 - $10,163,020,116
1979 - $7,181,182,224
1978 - $4,910,254,566
1977 - $4,114,670,014
1976 - $3,667,161,241
1975 - $3,538,278,047
1974 - $4,090,209,682
1973 - $3,964,296,443
1972 - $2,189,418,689
1971 - $2,807,258,065
1970 - $2,137,096,774
1969 - $2,004,435,484
1968 - $1,593,674,185
1967 - $1,597,713,469
1966 - $1,809,185,094
1965 - $1,890,767,156
1964 - $1,975,701,816
1963 - $1,539,681,491
1962 - $1,710,004,407
1961 - $1,547,388,781
1960 - $1,242,289,239

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Lebanon vs Uruguay by year

Lebanon
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Lebanon Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $25,216 -
2024 $4,473 - $24,308 $36,418
2023 $3,478 $12,575 $23,379 $34,471
2022 $3,654 $12,293 $21,009 $33,001
2021 $4,045 $11,600 $17,882 $29,432
2020 $5,561 $16,260 $15,758 $25,725
2019 $8,906 $21,710 $18,316 $25,783
2018 $9,175 $21,985 $19,250 $24,386
2017 $8,608 $20,964 $19,185 $23,607
2016 $8,089 $18,941 $17,010 $22,841
2015 $7,714 $17,046 $17,126 $22,169
2014 $7,578 $16,140 $18,322 $21,868
2013 $8,162 $16,316 $18,335 $20,661
2012 $8,407 $16,121 $16,260 $19,495
2011 $7,835 $14,975 $15,132 $19,135
2010 $7,626 $14,704 $12,641 $17,873
2009 $7,091 $13,586 $9,881 $16,422
2008 $5,912 $12,416 $9,424 $15,694
2007 $5,125 $11,356 $7,222 $14,397
2006 $4,635 $10,312 $6,001 $13,179
2005 $4,602 $10,020 $5,284 $12,296
2004 $4,601 $9,609 $4,169 $11,103
2003 $4,438 $8,914 $3,671 $10,303
2002 $4,291 $8,586 $4,150 $10,030
2001 $4,010 $8,289 $6,383 $10,719
2000 $3,987 $7,938 $6,988 $10,929
1999 $4,087 $7,793 $7,371 $10,938
1998 $4,125 $7,861 $7,837 $11,002
1997 $3,834 $7,632 $7,436 $10,461
1996 $3,393 $7,560 $6,398 $9,524
1995 $2,959 $6,796 $6,050 $8,906
1994 $2,468 $6,367 $5,508 $8,897
1993 $2,079 $5,871 $4,753 $8,162
1992 $1,559 $5,279 $4,102 $7,808
1991 $1,278 $4,527 $3,589 $7,112
1990 $790 $2,990 $2,995 $6,683
1989 $771 - $2,734 -
1988 $959 - $2,677 -
1987 - - $2,416 -
1986 - - $1,939 -
1985 - - $1,568 -
1984 - - $1,615 -
1983 - - $1,707 -
1982 - - $3,085 -
1981 - - $3,728 -
1980 - - $3,443 -
1979 - - $2,443 -
1978 - - $1,678 -
1977 - - $1,414 -
1976 - - $1,268 -
1975 - - $1,232 -
1974 - - $1,433 -
1973 - - $1,397 -
1972 - - $776 -
1971 - - $1,000 -
1970 - - $766 -
1969 - - $723 -
1968 - - $579 -
1967 - - $585 -
1966 - - $668 -
1965 - - $705 -
1964 - - $745 -
1963 - - $587 -
1962 - - $659 -
1961 - - $604 -
1960 - - $491 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Lebanon's GDP per capita is $4,473, ranking 129/197, compared to $25,216 in Uruguay, ranking 54/197. Adjusted for purchasing power (GDP per capita PPP), Lebanon ranks 123rd at $12,575, while Uruguay ranks 61st at $36,418.

Economic indicators

Lebanon Uruguay
Gross domestic product
$26B
2024
$85.3B
2025
GDP rank
121/197
2024
84/197
2025
GDP growth
-7.08%
2023-2024
1.78%
2024-2025
GDP per capita
$4,473
2024
$25,216
2025
GDP per capita rank
129/197
2024
54/197
2025
GDP per capita, PPP
$12,575
2023
$36,418
2024
GDP per capita PPP rank
123/197
2023
61/197
2024
Government debt
$41B
2024
$56B
2025
Debt-to-GDP ratio
139.4%
2025
65.7%
2025
Government debt per person
$7,061
2024
$16,559
2025
Government debt per person rank
71/185
2024
41/185
2025
Average annual personal income after taxes
$3,055
2026
$14,046
2026
Market capitalization of domestic companies
$10.6B
2021
$284M
1996
Number of billionaires
6
2026
n/a
Income share by richest 10%
25.6%
2022
30%
2024
Income share by poorest 10%
2.8%
2022
2.2%
2024
Government expenditure, % of GDP
15.5%
2025
31.5%
2025
Consumer prices inflation
14.6%
2024-2025
4.65%
2024-2025
Central bank interest rate
20%
2023
5.75%
2026
Unemployment rate
11.3%
2019
8.21%
2024
Population
5921719
3382672

Spending and national debt comparison by year

Lebanon
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Lebanon Uruguay
Government spending Government debt Government spending Government debt
2025 15.5% 139.4% 31.5% 65.7%
2024 15.3% 157.9% 30.6% 67.6%
2023 14.3% 185.8% 30.1% 63%
2022 12.9% 235.9% 29.7% 59.4%
2021 10.5% 346% 30.2% 64.1%
2020 24.5% 157.2% 32.8% 68.2%
2019 31.3% 171.9% 30.6% 59.6%
2018 32.1% 154% 30.3% 57.9%
2017 30.7% 150.4% 29.7% 55.8%
2016 28.6% 147.9% 29.7% 56.4%
2015 26.7% 140.9% 28.4% 57.8%
2014 28.9% 138.5% 29.1% 51.1%
2013 28.9% 135.4% 28.8% 50%
2012 30.2% 131.1% 27.7% 49.8%
2011 28.8% 134.4% 26.3% 41.3%
2010 29.2% 136.8% 27.4% 40.9%
2009 32.1% 144.5% 27.2% 46.2%
2008 34.3% 161.5% 26.3% 46.2%
2007 35.2% 169.3% 26.8% 52.8%
2006 36.1% 183.3% 26.8% 61.1%
2005 31.4% 178.9% 26.3% 66.2%
2004 33.3% 169.5% 26.6% 73.7%
2003 36.4% 171.3% 27.7% 91.9%
2002 36.8% 163.1% 27.6% 90.1%
2001 38.9% 163.1% 27.8% 39.4%
2000 42.8% 148.1% 26.6% 30.5%
1999 35.6% 130.2% 27.2% 24.1%
1998 34.7% 108.2% 27.3% 19.4%
1997 40.5% 100.2% 27.6% 18.8%
1996 43.6% 101.2% 26.5% 18.3%
1995 31.1% 79.6% 26.2% 18.5%
1994 47.3% 71.5% 29.5% 19.3%
1993 23% 50.5% 27.7% 20%
1992 36.1% 51.7% 23.6% 22.2%
1991 35.6% 67.1% 22.2% 20.4%
1990 40% 99.7% 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Lebanon's government spending was $3.98B, accounting for 15.5% of its GDP, while Uruguay spent $26.9B, or 31.5% of GDP.

Debt-to-GDP ratio is 139.4% in Lebanon and 65.7% in Uruguay, ranking 8/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Lebanon

Uruguay
1x
Year Deficit/surplus, % of GDP
Lebanon Uruguay
2025 3.25% -3.36%
2024 0.39% -3.16%
2023 -1.64% -3.09%
2022 -7.49% -2.5%
2021 -2.57% -2.61%
2020 -7.79% -4.64%
2019 -10.5% -2.71%
2018 -11.2% -1.89%
2017 -8.68% -2.51%
2016 -8.98% -2.68%
2015 -7.49% -1.86%
2014 -6.22% -2.6%
2013 -8.83% -1.72%
2012 -8.43% -2.17%
2011 -5.94% -0.33%
2010 -7.47% -0.39%
2009 -8.1% -1.39%
2008 -9.86% -1.31%
2007 -10.9% -0.16%
2006 -10.6% -0.64%
2005 -8.57% -0.28%
2004 -9.83% -0.87%
2003 -14% -2.19%
2002 -16.2% -3.19%
2001 -21% -2.85%
2000 -23.9% -2.76%
1999 -16.7% -2.76%
1998 -17.3% -0.76%
1997 -24.5% -0.97%
1996 -25.7% -1.32%
1995 -13.6% -1.08%
1994 -29.1% -2.37%
1993 -7.19% -0.47%
1992 -24% 0.6%
1991 -19.5% 0.88%
1990 -30.2% 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08).

GeoRank.org/economy/lebanon/uruguay | 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 Uruguay's deficit of $2.6B, or 3.16% of GDP.

Over the past 35 years, Lebanon recorded a fiscal deficit in 34 of those years, while Uruguay ran a deficit in 32 years. On average, Lebanon posted an annual deficit equal to 12.7% of GDP, compared to deficit of 1.66% of GDP for Uruguay.

Inflation comparison by year

Inflation
Lebanon

Uruguay
1x
Year Consumer prices inflation
Lebanon Uruguay
2025 14.6% 4.65%
2024 45.2% 4.85%
2023 221.3% 5.87%
2022 171.2% 9.1%
2021 154.8% 7.75%
2020 84.9% 9.76%
2019 2.9% 7.88%
2018 6.1% 7.61%
2017 4.4% 6.22%
2016 -0.8% 9.64%
2015 -3.7% 8.67%
2014 1.9% 8.88%
2013 4.8% 8.58%
2012 6.6% 8.1%
2011 5% 8.09%
2010 4% 6.7%
2009 1.2% 7.06%
2008 10.7% 7.88%
2007 4.1% 8.11%
2006 4.1% 6.4%
2005 -1.4% 4.7%
2004 1.7% 9.16%
2003 1.3% 19.4%
2002 1.8% 14%
2001 -0.4% 4.36%
2000 -0.4% 4.76%
1999 0.2% 5.66%
1998 4.5% 10.8%
1997 7.7% 19.8%

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/uruguay | CC BY

Over the past 29 years, Lebanon has recorded an average annual inflation rate of 26.1%, compared with 8.43% in Uruguay. In 2025, inflation was 14.6% in Lebanon and 4.65% in Uruguay.

Top exports between countries

Lebanon
Export category Export value
Processed food, beverages & tobacco $209K
Chemicals & pharma $73K
Miscellaneous $40K
Raw materials & minerals $25K
Machinery & equipment $23K
Metals $20K
Raw agricultural goods $13K
Textiles & consumer goods $11K
Animal & marine products $3K
Wood & paper products $2K
Uruguay
Export category Export value
Animal & marine products $10.8M
Chemicals & pharma $2.2M
Processed food, beverages & tobacco $829K
Metals $130K
Machinery & equipment $36K
Raw materials & minerals $19K
Wood & paper products $13K
Miscellaneous $9K
Raw agricultural goods $8K
Precious metals & jewellery $3K

Balance of trade

Lebanon Uruguay
Current account balance
-$5.64B
2023
-$374M
2025
Current account balance ranking
166/190
2023
100/190
2025
Current account balance, % of GDP
-28.1%
2023
-0.44%
2025
Goods imports
$16.7B
2023
$13.6B
2025
Goods exports
$3.85B
2023
$16.1B
2025
Service imports
$6.63B
2023
$5.96B
2025
Service exports
$7.92B
2023
$7.39B
2025
Imports of goods and services, % of GDP
58.9%
2024
22.6%
2025
Exports of goods and services, % of GDP
23.3%
2024
27.1%
2025

Economic freedom indices

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

Lebanon Uruguay
Economic freedom 43.1 69.8
Economic freedom ranking 183/197 39/197
Property rights 21.8 87.4
Government integrity 23.4 79
Judicial effectiveness 23.8 80.9
Tax burden 90.3 73.3
Government spending 93.3 72
Fiscal health 63.4 76.6
Business freedom 47.6 83.8
Labor freedom 48.4 61.7
Monetary freedom 0 70.2
Trade freedom 65.6 73.2
Investment freedom 20 50
Financial freedom 20 30

Economic freedom comparison by year

Lebanon
Uruguay
1x
Year Economic freedom index
Lebanon Uruguay
2026 43.1 69.8
2025 44.1 70.2
2024 48.3 69.8
2023 45.6 70.2
2022 47.3 70
2021 51.4 69.3
2020 51.7 69.1
2019 51.1 68.6
2018 53.2 69.2
2017 53.3 69.7
2016 59.5 68.8
2015 59.3 68.6
2014 59.4 69.3
2013 59.5 69.7
2012 60.1 69.9
2011 60.1 70
2010 59.5 69.8
2009 58.1 69.1
2008 60 67.9
2007 60.4 68.4
2006 57.5 65.3
2005 57.2 66.9
2004 56.9 66.7
2003 56.7 69.8
2002 57.1 68.7
2001 61 70.7
2000 56.1 69.3
1999 59.1 68.5
1998 59 68.6
1997 63.9 67.5
1996 63.2 63.7
1995 - 62.5

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

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

The Economic Freedom Index for Lebanon is 43.1, ranking 183/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Lebanon Uruguay
Services, % of GDP
35.7%
2024
65.2%
2025
Industry, % of GDP
2.63%
2024
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
1.05%
2024
6.38%
2025
GNI, Atlas method
$20.7B
2024
$81.3B
2025
GNI per capita, PPP
$11,790
2024
$36,330
2025
Total reserves including gold
$33.3B
2024
$19B
2025
Total reserves ranking
56/177
2024
67/177
2025
Net foreign direct investment
-$583M
2023
-$457M
2025
Net inflows of foreign direct investment
$1.84B
2024
-$3.94B
2024
Net outflows of foreign direct investment
$391M
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
9.68%
2024
n/a
Poverty at national poverty lines
27.4%
2012
17.3%
2024
Gross capital formation, % of GDP
1.44%
2024
16.2%
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/uruguay | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, 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.