Lebanon Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Lebanon's government debt to gdp was 163.76% in 2024, ranked 185th globally. This represents a 15.1% decrease from 2023. Data from IMF WEO, covering 2000–2024.
Overview
Lebanon's government debt to gdp stood at 163.76% in 2024, a decline of +29.02% from 2023. Lebanon ranked 185th globally.
Lebanon’s government debt-to‑GDP ratio has risen sharply over the past quarter‑century, moving from 148.08 % in 2000 to a peak of 358.19 % in 2021 before easing to 163.76 % in 2024, placing the country 185th globally. The all‑time trough of 131.05 % in 2012 marked the lowest level after a decade of fiscal strain, but the subsequent debt surge coincided with the fiscal crisis, currency collapse and banking sector turmoil that began in 2019. By comparison, Greece’s ratio of 154.79 % in 2024 reflects a similarly high debt burden in a peer that has also undergone extensive restructuring, while Singapore’s 173.51 % illustrates a very different fiscal context. The 2024 figure suggests a modest contraction from the 2021 apex, yet debt remains well above pre‑crisis levels, and future trajectories will depend on the pace of economic reforms, external financing conditions and the resolution of Lebanon’s sovereign debt restructuring.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2024 | 163.76% | −29.02% | #185 |
| 2023 | 192.78% | −51.85% | #186 |
| 2022 | 244.63% | −113.57% | #187 |
| 2021 | 358.19% | +209.48% | #188 |
| 2020 | 148.71% | −23.39% | #183 |
| 2019 | 172.10% | +17.02% | #185 |
| 2018 | 155.08% | +5.10% | #185 |
| 2017 | 149.98% | +3.58% | #185 |
| 2016 | 146.40% | +5.56% | #185 |
| 2015 | 140.84% | +2.44% | #186 |
| 2014 | 138.40% | +3.00% | #185 |
| 2013 | 135.40% | +4.35% | #185 |
| 2012 | 131.05% | −3.34% | #183 |
| 2011 | 134.39% | −2.44% | #181 |
| 2010 | 136.83% | −7.67% | #182 |
Detected Pattern
Analysis
Lebanon matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Lebanon's government debt to gdp was 163.76% in 2024. Ranked 185th globally. This represents a 15.1% decrease from the previous year.
Lebanon's government debt to gdp peaked at 358.19% in 2021.
The lowest government debt to gdp in Lebanon was 131.05% in 2012.
Lebanon ranks 185th globally in government debt to gdp as of 2024.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
The government debt to gdp of Lebanon in 2024 was 163.76%. This ranks 185th in the world.
Cite this page
@misc{historysaid_lebanon_government-debt-to-gdp,
title = {Lebanon Government Debt to GDP},
url = {https://historysaid.com/lebanon/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}