Expense in Lebanon
Lebanon: Expense was 6.3% in 2021. ▼ Falling
Expense in Lebanon, 1998–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Lebanon is 6.3%, measured in 2021. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 57.9% on the previous year and down 76.1% over ten years.
Over the whole period, expense in Lebanon peaked at 31.7% in 2006 and was at its lowest, 6.3%, in 2021.
That places Lebanon 155th out of 157 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Expense in Lebanon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 26.2% | — |
| 1999 | 28.1% | +7.2% |
| 2000 | 30.5% | +8.8% |
| 2001 | 29.0% | -4.9% |
| 2002 | 28.4% | -2.3% |
| 2003 | 30.5% | +7.5% |
| 2004 | 26.8% | -11.9% |
| 2005 | 26.8% | -0.0% |
| 2006 | 31.7% | +18.1% |
| 2007 | 31.6% | -0.4% |
| 2008 | 30.5% | -3.2% |
| 2009 | 28.8% | -5.8% |
| 2010 | 25.8% | -10.2% |
| 2011 | 26.4% | +2.1% |
| 2012 | 26.8% | +1.5% |
| 2013 | 26.7% | -0.4% |
| 2014 | 25.9% | -2.8% |
| 2015 | 22.9% | -11.8% |
| 2016 | 25.8% | +12.9% |
| 2017 | 26.0% | +0.5% |
| 2018 | 29.3% | +12.9% |
| 2019 | 29.2% | -0.5% |
| 2020 | 14.9% | -48.8% |
| 2021 | 6.3% | -57.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.1% | 26.2% | 28.1% | 2 |
| 2000s | 29.5% | 26.8% | 31.7% | 10 |
| 2010s | 26.5% | 22.9% | 29.3% | 10 |
| 2020s | 10.6% | 6.3% | 14.9% | 2 |
Countries ranked near Lebanon
- 152 Sudan 9.7% compare
- 153 Bangladesh 8.3% compare
- 154 Somalia 6.3% compare
- 156 Ethiopia 6.1% compare
- 157 United Arab Emirates 3.8% 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.19 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.3941 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,763 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 16.99 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 35,269 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 157.77 million current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -7.07 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.23 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is expense in Lebanon?
- Expense in Lebanon was 6.3% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Lebanon?
- The highest recorded value was 31.7% in 2006.
- What is the lowest expense recorded in Lebanon?
- The lowest recorded value was 6.3% in 2021.
- How does Lebanon rank for expense?
- Lebanon ranks 155th out of 157 countries with data for 2021.
- Is expense rising or falling in Lebanon?
- Over the last ten years it is down 76.1%. The long-run trend across the full record is falling.
- Where does this Lebanon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.