Current account balance as a share of GDP in Lebanon
Lebanon: Current account balance as a share of GDP was -28.1% in 2023. ▼ Falling
Current account balance as a share of GDP in Lebanon, 2002–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Lebanon recorded -28.1% for current account balance as a share of gdp 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 share of gdp in Lebanon peaked at -5.1% in 2006 and was at its lowest, -34.6%, in 2022.
Lebanon ranks 190th of 193 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 share 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% | +27.4% |
| 2008 | -14.1% | +118.1% |
| 2009 | -19.0% | +35.1% |
| 2010 | -19.6% | +3.2% |
| 2011 | -13.8% | -29.6% |
| 2012 | -23.4% | +69.5% |
| 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 | -24.4% | +6.4% |
| 2019 | -21.8% | -10.3% |
| 2020 | -8.8% | -59.9% |
| 2021 | -19.7% | +124.9% |
| 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
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)
- Manufacturing, value added (constant LCU), per capita 435,209 constant LCU per person (2021)
- Industry (including construction), value added (current US$), annual 63.3 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.0263 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 117.82 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 70.29 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 2,357 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 10.55 million current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) -5.85 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a share of gdp in Lebanon?
- Current account balance as a share of gdp in Lebanon was -28.1% in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Lebanon?
- The highest recorded value was -5.1% in 2006.
- What is the lowest current account balance as a share of gdp recorded in Lebanon?
- The lowest recorded value was -34.6% in 2022.
- How does Lebanon rank for current account balance as a share of gdp?
- Lebanon ranks 190th out of 193 countries with data for 2023.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).