Lebanon vs Venezuela: Economic Indicators Comparison
Gross Domestic Product & Income
| Stat |  Lebanon |  Venezuela |
|---|---|---|
| GDP | $56.6B | $482.4B |
| GDP growth, 1 year | 0.3% | -18% |
| GDP growth, 5-years average | 0.9% | -12.2% |
| Population | 6.1M | 28.5M |
| GDP per capita | $8.3k | $16k |
| GDP per capita growth | -0.34% | -18.17% |
| Purchasing Power Parity conversion factor | 953.03 | 5.57 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.63 | 0.89 |
| GDP per capita, PPP adjusted | $15k | $8.8k |
| GNI, Atlas method | $54.2B | $392.9B |
| GNI per capita | $7.9k | $13k |
| GNI, PPP adjusted | $89.1B | $352.8B |
| GNI per capita, PPP adjusted | $13k | $12k |
Financial system and Human development
| Stat | Lebanon | Venezuela |
|---|---|---|
| Income Tax Rate | 20% | 34% |
| Corporate Tax Rate | 17% | 34% |
| Inflation, consumer prices | 6.1% | 929789.5% |
| Inflation, GDP deflator | 5.9% | 748.1% |
| Unemployment | 6.2% | 8.4% |
| Economic Freedom Index | 51.7 | 25.2 |
| Personal Freedom Index | 6.29 | 6.33 |
| Human Freedom Index | 6.72 | 5.27 |
| Property Rights Index | 44.6 | 10.1 |
| Judical Effectiveness Index | 30.8 | 12.6 |
| Business Freedom Index | 45.6 | 30.8 |
| Fiscal Health Index | 0 | 0 |
| Labor Freedom Index | 47.8 | 27.7 |
| Investment Freedom Index | 60 | 0 |
| Financial Freedom Index | 50 | 10 |
| Trade Freedom Index | 77.4 | 58 |
| Monetary Freedom Index | 75.6 | 0 |
| Government Spending Index | 72.5 | 66.3 |
| Tax Burden Index | 90.8 | 72.8 |
| Government Integrity Index | 25 | 14.6 |
| Corruption Perceptions Index | 28 | 18 |
| Life expectancy at birth, years | 78.8 | 72.2 |
| Suicide mortality rate, per 100,000 people | 3.3 | 3.7 |
| Mortality caused by road traffic injury, per 100,000 people | 18.1 | 33.7 |
| Intentional homicides, per 100,000 people | 4 | 56.3 |
| International tourism, number of arrivals | 2M | 427k |
Government debt & reserves
| Stat | Lebanon | Venezuela |
|---|---|---|
| Central government debt, % of GDP | 150.9% | 175.6% |
| External debt stocks, % of GNI | 145.1% | 33.9% |
| External debt stocks | $79.3B | $154.9B |
| Short-term debt, % of total reserves | 10.6% | 421.1% |
| Total debt service, % of exports and primary income | 72.1% | 69% |
| Adjusted net savings including particulate emission damage, % of GNI | -16.9% | 7.2% |
| Gross savings, % of GDP | 5.5% | 8.9% |
| Gross capital formation, % of GDP | 19.5% | -3.7% |
| Total reserves including gold | $52.4B | $9.8B |
| Foreign direct investment net inflows | $2.6B | $956M |
Exports, imports and economic structure
| Stat | Lebanon | Venezuela |
|---|---|---|
| Exports of goods and services, % of GDP | 23.3% | 30.7% |
| Imports of goods and services, % of GDP | 39.6% | 36.4% |
| Current account balance (balance of payments) | -$12.4B | -$3.9B |
| Revenue excluding grants, % of GDP | 19.8% | N/A |
| Grants excluding technical cooperation, BoP | $1.2B | $125.8M |
| Personal remittances received | $6.9B | $297.1M |
| Industry including construction value added, % of GDP | 14.1% | 37.2% |
| Agriculture, forestry and fishing value added, % of GDP | 2.9% | 5% |
| Charges for the use of intellectual property, payments BoP | $15.7M | $258M |
| Charges for the use of intellectual property, receipts BoP | $17.7M | N/A |
| Expense, % of GDP | 25.8% | N/A |
| Government Expenditure, % of GDP | 30.3% | 33.5% |
