debt

Lebanon’s Public Debt Exceeds $100 Billion

According to official statistics and reports from several local banks, Lebanon's public debt has exceeded the $100 billion mark. This historic level reflects years of accumulated budget deficits, inefficient public management, poor financial governance and a lack of structural reforms. This debt includes both domestic and external debt incurred ...

If Lebanon Were to Buy Back Its Debt...

In 2023, Lebanon’s public debt reached around $100 billion, representing approximately 200% of its GDP. This makes Lebanon one of the most indebted countries in the world in relation to its economy. It ranks second behind Japan (260% of GDP) and ahead of Greece (180% of GDP), Italy (150% of GDP) and Sudan (176% of GDP). This debt results from ...