Adjusted savings: net national savings in Lebanon
Lebanon: Adjusted savings: net national savings was -25.1% in 2021. ◆ Volatile
Adjusted savings: net national savings in Lebanon, 2002–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Lebanon stood at -25.1%.
That represents a change of down 35.0% on the previous year and down 61.6% over ten years.
Over the whole period, adjusted savings: net national savings in Lebanon peaked at -1.1% in 2007 and was at its lowest, -35.3%, in 2003.
That places Lebanon 176th out of 177 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Lebanon, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2002 | -17.5% | — |
| 2003 | -35.3% | +101.4% |
| 2004 | -7.4% | -78.9% |
| 2005 | -6.8% | -9.1% |
| 2006 | -6.3% | -6.8% |
| 2007 | -1.1% | -82.8% |
| 2008 | -7.1% | +557.9% |
| 2009 | -7.3% | +3.1% |
| 2010 | -11.2% | +51.9% |
| 2011 | -15.5% | +39.2% |
| 2012 | -21.2% | +36.2% |
| 2013 | -20.8% | -1.9% |
| 2014 | -22.0% | +6.0% |
| 2015 | -15.5% | -29.4% |
| 2016 | -15.1% | -2.8% |
| 2017 | -18.1% | +19.7% |
| 2018 | -22.3% | +23.1% |
| 2019 | -25.8% | +16.0% |
| 2020 | -18.6% | -28.0% |
| 2021 | -25.1% | +35.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -11.1% | -35.3% | -1.1% | 8 |
| 2010s | -18.7% | -25.8% | -11.2% | 10 |
| 2020s | -21.8% | -25.1% | -18.6% | 2 |
Countries ranked near Lebanon
- 173 Venezuela, Bolivarian Republic of -15.6% compare
- 174 Timor-Leste -23.6% compare
- 175 Libya -23.8% compare
- 177 Dominica -25.3% compare
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)
- Total reserves minus gold (current US$), annual growth rate 9.09 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.3558 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 1,592 current US$ per person (2024)
- General government final consumption expenditure (current US$) 22.65 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.049 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 219.26 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 27.9 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 4,387 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Lebanon?
- Adjusted savings: net national savings in Lebanon was -25.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Lebanon?
- The highest recorded value was -1.1% in 2007.
- What is the lowest adjusted savings: net national savings recorded in Lebanon?
- The lowest recorded value was -35.3% in 2003.
- How does Lebanon rank for adjusted savings: net national savings?
- Lebanon ranks 176th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Lebanon?
- Over the last ten years it is down 61.6%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.