Annual GDP growth in Lebanon
Lebanon: Annual GDP growth was -0.8% in 2023. ◆ Volatile
Latest (2023)
-0.8%
Change on year
down 22.3%
World rank
181st
of 196 countries
All-time high
10.2%
in 2009
All-time low
-21.4%
in 2020
Years of data
24
2000–2023
Annual GDP growth in Lebanon, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Lebanon is -0.8%, measured in 2023.
That represents a change of down 22.3% on the previous year and down 119.9% over ten years.
Over the whole period, annual gdp growth in Lebanon peaked at 10.2% in 2009 and was at its lowest, -21.4%, in 2020.
Lebanon ranks 181st of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Lebanon, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.3% | — |
| 2001 | 3.8% | +186.1% |
| 2002 | 3.4% | -10.8% |
| 2003 | 3.2% | -5.7% |
| 2004 | 6.7% | +107.0% |
| 2005 | 2.7% | -59.8% |
| 2006 | 1.5% | -42.3% |
| 2007 | 9.3% | +500.9% |
| 2008 | 9.1% | -2.6% |
| 2009 | 10.2% | +12.8% |
| 2010 | 8.0% | -22.1% |
| 2011 | 0.9% | -89.1% |
| 2012 | 2.6% | +195.7% |
| 2013 | 3.8% | +49.2% |
| 2014 | 2.5% | -35.1% |
| 2015 | 0.5% | -81.4% |
| 2016 | 1.6% | +236.2% |
| 2017 | 0.9% | -41.9% |
| 2018 | -1.9% | -308.7% |
| 2019 | -6.9% | +266.9% |
| 2020 | -21.4% | +209.5% |
| 2021 | -7.0% | -67.3% |
| 2022 | -0.6% | -91.1% |
| 2023 | -0.8% | +22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.1% | 1.3% | 10.2% | 10 |
| 2010s | 1.2% | -6.9% | 8.0% | 10 |
| 2020s | -7.4% | -21.4% | -0.6% | 4 |
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)
- GDP (constant 2015 US$), annual growth rate -7.08 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 1.21 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 5,391 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate -7.08 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 1,547 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), per capita 6.92 million constant LCU per person (2024)
- Gross domestic savings (current US$), annual growth rate -7.21 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.3415 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual gdp growth in Lebanon?
- Annual gdp growth in Lebanon was -0.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Lebanon?
- The highest recorded value was 10.2% in 2009.
- What is the lowest annual gdp growth recorded in Lebanon?
- The lowest recorded value was -21.4% in 2020.
- How does Lebanon rank for annual gdp growth?
- Lebanon ranks 181st out of 196 countries with data for 2023.
- Is annual gdp growth rising or falling in Lebanon?
- Over the last ten years it is down 119.9%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).