Current account balance as a proportion of GDP in Lebanon
Lebanon: Current account balance as a proportion of GDP was -28.1% in 2023. ▼ Falling
Current account balance as a proportion of GDP in Lebanon, 2002–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Lebanon is -28.1%, measured in 2023.
That represents a change of up 18.8% on the previous year and down 10.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Lebanon peaked at -5.1% in 2006 and was at its lowest, -34.6%, in 2022.
Lebanon ranks 200th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Current account balance as a proportion of GDP in Lebanon, year by year
| Year | % | Change |
|---|---|---|
| 2002 | -23.7% | — |
| 2003 | -25.6% | +7.9% |
| 2004 | -20.8% | -18.6% |
| 2005 | -12.8% | -38.6% |
| 2006 | -5.1% | -60.3% |
| 2007 | -6.5% | +27.5% |
| 2008 | -14.1% | +118.0% |
| 2009 | -19.0% | +35.2% |
| 2010 | -19.6% | +3.2% |
| 2011 | -13.8% | -29.6% |
| 2012 | -23.4% | +69.4% |
| 2013 | -25.5% | +8.8% |
| 2014 | -26.2% | +2.8% |
| 2015 | -17.1% | -34.8% |
| 2016 | -20.5% | +19.7% |
| 2017 | -22.9% | +11.7% |
| 2018 | -24.3% | +6.4% |
| 2019 | -21.8% | -10.3% |
| 2020 | -8.8% | -59.9% |
| 2021 | -19.7% | +124.8% |
| 2022 | -34.6% | +75.7% |
| 2023 | -28.1% | -18.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -15.9% | -25.6% | -5.1% | 8 |
| 2010s | -21.5% | -26.2% | -13.8% | 10 |
| 2020s | -22.8% | -34.6% | -8.8% | 4 |
Countries ranked near Lebanon
- 197 Bhutan -20.0% compare
- 198 State of Palestine -21.1% compare
- 199 Dominica -23.2% compare
- 201 Timor-Leste -31.5% compare
- 201 Timor-Leste -31.5% compare
- 203 Kyrgyzstan -42.7% 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)
- 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 current account balance as a proportion of gdp in Lebanon?
- Current account balance as a proportion of gdp in Lebanon was -28.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Lebanon?
- The highest recorded value was -5.1% in 2006.
- What is the lowest current account balance as a proportion of gdp recorded in Lebanon?
- The lowest recorded value was -34.6% in 2022.
- How does Lebanon rank for current account balance as a proportion of gdp?
- Lebanon ranks 200th out of 204 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Lebanon?
- Over the last ten years it is down 10.2%. The long-run trend across the full record is falling.
- Where does this Lebanon data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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