
Gross debt in Lebanon
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in Lebanon in the period from 1998 to 2020 was between 18.7 billion and 88.9 billion USD. The hightest level within the past 22 years was reached in 2019. However, the liabilities in 2020 have been only 48 billion USD
Based on the number of inhabitants, this is a debt of 8,424 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.
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Gross debt of the last 22 years in billion USD
Year | Lebanon total | Lebanon per capita | EU per capita |
---|---|---|---|
1998 | 18.67 bn USD | 5,054 USD | 14,079 USD |
1999 | 22.65 bn USD | 6,044 USD | 14,032 USD |
2000 | 25.57 bn USD | 6,653 USD | 11,232 USD |
2001 | 28.79 bn USD | 7,214 USD | 11,255 USD |
2002 | 31.25 bn USD | 7,472 USD | 12,258 USD |
2003 | 34.41 bn USD | 7,842 USD | 15,286 USD |
2004 | 35.89 bn USD | 7,854 USD | 17,595 USD |
2005 | 38.46 bn USD | 8,186 USD | 18,327 USD |
2006 | 40.37 bn USD | 8,481 USD | 18,877 USD |
2007 | 42.03 bn USD | 8,817 USD | 20,898 USD |
2008 | 47.02 bn USD | 9,869 USD | 24,086 USD |
2009 | 51.15 bn USD | 10,628 USD | 25,361 USD |
2010 | 52.60 bn USD | 10,620 USD | 26,496 USD |
2011 | 53.66 bn USD | 10,315 USD | 29,231 USD |
2012 | 57.68 bn USD | 10,417 USD | 28,174 USD |
2013 | 63.48 bn USD | 10,735 USD | 29,981 USD |
2014 | 66.51 bn USD | 10,623 USD | 30,648 USD |
2015 | 70.13 bn USD | 10,959 USD | 25,918 USD |
2016 | 74.53 bn USD | 11,909 USD | 26,261 USD |
2017 | 79.09 bn USD | 12,946 USD | 27,024 USD |
2018 | 84.56 bn USD | 14,210 USD | 28,448 USD |
2019 | 88.90 bn USD | 15,376 USD | 27,168 USD |
2020 | 47.71 bn USD | 8,424 USD | 30,783 USD |