Debt service as a share of exports of good and services in Lebanon
Lebanon: Debt service as a share of exports of good and services was 1.9% in 2023. ▼ Falling
Latest (2023)
1.9%
Change on year
up 58.0%
World rank
107th
of 116 countries
All-time high
31.6%
in 2004
All-time low
1.2%
in 2022
Years of data
22
2002–2023
Debt service as a share of exports of good and services in Lebanon, 2002–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Lebanon stood at 1.9%.
The figure is up 58.0% on the previous year and down 87.9% over ten years.
Over the whole period, debt service as a share of exports of good and services in Lebanon peaked at 31.6% in 2004 and was at its lowest, 1.2%, in 2022.
That places Lebanon 107th out of 116 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Debt service as a share of exports of good and services in Lebanon, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 28.8% | — |
| 2003 | 23.4% | -19.0% |
| 2004 | 31.6% | +35.0% |
| 2005 | 20.8% | -34.2% |
| 2006 | 23.9% | +15.1% |
| 2007 | 21.5% | -9.8% |
| 2008 | 17.2% | -20.2% |
| 2009 | 19.6% | +14.3% |
| 2010 | 17.6% | -10.3% |
| 2011 | 21.0% | +19.3% |
| 2012 | 17.6% | -16.0% |
| 2013 | 15.6% | -11.7% |
| 2014 | 18.5% | +19.0% |
| 2015 | 17.9% | -3.3% |
| 2016 | 20.4% | +13.7% |
| 2017 | 21.7% | +6.6% |
| 2018 | 21.6% | -0.6% |
| 2019 | 23.8% | +10.2% |
| 2020 | 3.4% | -85.6% |
| 2021 | 2.6% | -24.6% |
| 2022 | 1.2% | -53.7% |
| 2023 | 1.9% | +58.0% |
Lebanon compared with similar countries
- Lebanon's 1.9% is below the median for lower middle income countries, which is 7.1%, 26% of the median. (43 countries reporting)
- Lebanon's 1.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.9%, 38% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.3% | 17.2% | 31.6% | 8 |
| 2010s | 19.6% | 15.6% | 23.8% | 10 |
| 2020s | 2.3% | 1.2% | 3.4% | 4 |
Countries ranked near Lebanon
- 104 Solomon Islands 2.2% compare
- 105 Zimbabwe 2.1% compare
- 106 Timor-Leste 2.0% compare
- 108 Cambodia 1.8% compare
- 109 Congo, Democratic Republic of the 1.6% compare
- 110 China 1.5% compare
- 110 Thailand 1.5% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 390.72 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.3 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.84 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 181.11 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0709 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 317.35 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is debt service as a share of exports of good and services in Lebanon?
- Debt service as a share of exports of good and services in Lebanon was 1.9% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Lebanon?
- The highest recorded value was 31.6% in 2004.
- What is the lowest debt service as a share of exports of good and services recorded in Lebanon?
- The lowest recorded value was 1.2% in 2022.
- How does Lebanon rank for debt service as a share of exports of good and services?
- Lebanon ranks 107th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Lebanon?
- Over the last ten years it is down 87.9%. The long-run trend across the full record is falling.
- Where does this Lebanon data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).