Discrepancy in expenditure estimate of GDP in Lebanon
Lebanon: Discrepancy in expenditure estimate of GDP was -57,700 constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Lebanon, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Lebanon recorded -57,700 constant LCU for discrepancy in expenditure estimate of gdp in 2024.
The figure is up 94.2% on the previous year and down 590,848,000.0% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Lebanon peaked at 394.08 billion constant LCU in 2018 and was at its lowest, -2.38 trillion constant LCU, in 2021.
That places Lebanon 109th out of 154 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Lebanon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | -1,000 constant LCU | — |
| 2011 | 0 constant LCU | -100.0% |
| 2012 | 1,000 constant LCU | — |
| 2013 | 0 constant LCU | -100.0% |
| 2014 | 0.0098 constant LCU | — |
| 2015 | 249.03 billion constant LCU | +2550014694392376.0% |
| 2016 | 285.40 billion constant LCU | +14.6% |
| 2017 | 211.75 billion constant LCU | -25.8% |
| 2018 | 394.08 billion constant LCU | +86.1% |
| 2019 | 51.40 billion constant LCU | -87.0% |
| 2020 | -12.51 billion constant LCU | -124.3% |
| 2021 | -2.38 trillion constant LCU | +18954.0% |
| 2022 | -1.00 million constant LCU | -100.0% |
| 2023 | -1.00 million constant LCU | -0.0% |
| 2024 | -57,700 constant LCU | -94.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 119.17 billion constant LCU | -1,000 constant LCU | 394.08 billion constant LCU | 10 |
| 2020s | -479.31 billion constant LCU | -2.38 trillion constant LCU | -57,700 constant LCU | 5 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate -31.63 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0035 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 15.49 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 3.47 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.5892 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 2,635 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 7.89 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 52,730 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Lebanon?
- Discrepancy in expenditure estimate of gdp in Lebanon was -57,700 constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Lebanon?
- The highest recorded value was 394.08 billion constant LCU in 2018.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Lebanon?
- The lowest recorded value was -2.38 trillion constant LCU in 2021.
- How does Lebanon rank for discrepancy in expenditure estimate of gdp?
- Lebanon ranks 109th out of 154 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Lebanon?
- Over the last ten years it is down 590,848,000.0%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.