Discrepancy in expenditure estimate of GDP in Lebanon
Lebanon: Discrepancy in expenditure estimate of GDP was -1.00 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Lebanon, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Lebanon recorded -1.00 million current LCU for discrepancy in expenditure estimate of gdp in 2024.
That represents a change of down 200.0% on the previous year and down 333,233.0% over five years.
Over the whole period, discrepancy in expenditure estimate of gdp in Lebanon peaked at 819.68 billion current LCU in 1991 and was at its lowest, -4.00 million current LCU, in 2022.
Lebanon ranks 151st of 186 countries on this measure, in the bottom quarter.
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 | current LCU | Change |
|---|---|---|
| 1990 | 293.59 billion current LCU | — |
| 1991 | 819.68 billion current LCU | +179.2% |
| 1992 | 400 current LCU | -100.0% |
| 1993 | -300 current LCU | -175.0% |
| 1994 | 400 current LCU | -233.3% |
| 1995 | -700 current LCU | -275.0% |
| 1996 | 200 current LCU | -128.6% |
| 1997 | 0 current LCU | -100.0% |
| 1998 | 0 current LCU | — |
| 1999 | 0 current LCU | — |
| 2000 | 0 current LCU | — |
| 2001 | 0 current LCU | — |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 800 current LCU | — |
| 2005 | 0 current LCU | -100.0% |
| 2006 | 0 current LCU | — |
| 2007 | 0 current LCU | — |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | -1,000 current LCU | — |
| 2011 | 1,000 current LCU | -200.0% |
| 2012 | 0 current LCU | -100.0% |
| 2013 | 0 current LCU | — |
| 2014 | 0 current LCU | — |
| 2015 | -1,000 current LCU | — |
| 2016 | 0 current LCU | -100.0% |
| 2017 | 0.002 current LCU | — |
| 2018 | 0 current LCU | -100.0% |
| 2019 | -300 current LCU | — |
| 2020 | -1.99 million current LCU | +662566.7% |
| 2021 | 630,000 current LCU | -131.7% |
| 2022 | -4.00 million current LCU | -734.9% |
| 2023 | 1.00 million current LCU | -125.0% |
| 2024 | -1.00 million current LCU | -200.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 111.33 billion current LCU | -700 current LCU | 819.68 billion current LCU | 10 |
| 2000s | 80 current LCU | 0 current LCU | 800 current LCU | 10 |
| 2010s | -130 current LCU | -1,000 current LCU | 1,000 current LCU | 10 |
| 2020s | -1.07 million current LCU | -4.00 million current LCU | 1.00 million current 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0143 current US$ per US$ of GDP (2021)
- Manufacturing, value added (current US$), per capita 57.72 current US$ per person (2021)
- Manufacturing, value added (current LCU), per unit of GDP 167.72 current LCU per US$ of GDP (2021)
- Manufacturing, value added (current LCU), per capita 678,506 current LCU per person (2021)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0979 constant 2015 US$ per US$ of GDP (2021)
- Manufacturing, value added (constant 2015 US$), per capita 396.15 constant 2015 US$ per person (2021)
- 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)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Lebanon?
- Discrepancy in expenditure estimate of gdp in Lebanon was -1.00 million current 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 819.68 billion current LCU in 1991.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Lebanon?
- The lowest recorded value was -4.00 million current LCU in 2022.
- How does Lebanon rank for discrepancy in expenditure estimate of gdp?
- Lebanon ranks 151st out of 186 countries with data for 2024.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.