Adjusted savings: gross savings in Lebanon
Lebanon: Adjusted savings: gross savings was -2.9% in 2021. ◆ Volatile
Adjusted savings: gross savings in Lebanon, 2002–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Lebanon stood at -2.9%.
Compared with earlier readings it is down 216.5% on the previous year and down 208.2% over ten years.
Over the whole period, adjusted savings: gross savings in Lebanon peaked at 14.3% in 2007 and was at its lowest, -19.6%, in 2003.
Lebanon ranks 175th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Lebanon, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2002 | -4.4% | — |
| 2003 | -19.6% | +341.7% |
| 2004 | 6.7% | -134.3% |
| 2005 | 7.5% | +12.2% |
| 2006 | 10.2% | +35.4% |
| 2007 | 14.3% | +40.2% |
| 2008 | 7.9% | -44.6% |
| 2009 | 7.5% | -5.7% |
| 2010 | 5.0% | -33.2% |
| 2011 | 2.7% | -45.7% |
| 2012 | -2.5% | -193.4% |
| 2013 | -2.3% | -8.2% |
| 2014 | -3.7% | +57.7% |
| 2015 | 2.5% | -167.1% |
| 2016 | 2.1% | -14.9% |
| 2017 | -0.9% | -144.7% |
| 2018 | -3.9% | +313.1% |
| 2019 | -5.7% | +48.3% |
| 2020 | 2.5% | -143.9% |
| 2021 | -2.9% | -216.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | -19.6% | 14.3% | 8 |
| 2010s | -0.7% | -5.7% | 5.0% | 10 |
| 2020s | -0.2% | -2.9% | 2.5% | 2 |
Countries ranked near Lebanon
More economy & growth data for Lebanon
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.87 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -0 Percent per annum (2022)
- Final consumption expenditure (constant 2015 US$), per capita 6,451 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 22.57 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.36 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 6,066 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 27.81 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 121,361 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 542.88 million current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -4.05 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Lebanon?
- Adjusted savings: gross savings in Lebanon was -2.9% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Lebanon?
- The highest recorded value was 14.3% in 2007.
- What is the lowest adjusted savings: gross savings recorded in Lebanon?
- The lowest recorded value was -19.6% in 2003.
- How does Lebanon rank for adjusted savings: gross savings?
- Lebanon ranks 175th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Lebanon?
- Over the last ten years it is down 208.2%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.