External balance on goods and services in Lebanon
Lebanon: External balance on goods and services was -827.49 trillion current LCU in 2024. ◆ Volatile
External balance on goods and services in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, external balance on goods and services in Lebanon stood at -827.49 trillion current LCU. That is the lowest value across all 36 years on record.
The figure is down 11.4% on the previous year and down 3,432.9% over ten years.
Over the whole period, external balance on goods and services in Lebanon peaked at -988.56 billion current LCU in 1989 and was at its lowest, -827.49 trillion current LCU, in 2024.
That places Lebanon 191st out of 192 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Lebanon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1989 | -988.56 billion current LCU | — |
| 1990 | -1.62 trillion current LCU | +63.5% |
| 1991 | -2.93 trillion current LCU | +81.5% |
| 1992 | -6.12 trillion current LCU | +108.6% |
| 1993 | -8.02 trillion current LCU | +31.1% |
| 1994 | -8.79 trillion current LCU | +9.6% |
| 1995 | -9.79 trillion current LCU | +11.3% |
| 1996 | -9.12 trillion current LCU | -6.8% |
| 1997 | -8.01 trillion current LCU | -12.2% |
| 1998 | -7.11 trillion current LCU | -11.2% |
| 1999 | -5.95 trillion current LCU | -16.3% |
| 2000 | -5.66 trillion current LCU | -4.8% |
| 2001 | -6.48 trillion current LCU | +14.4% |
| 2002 | -5.44 trillion current LCU | -16.0% |
| 2003 | -6.24 trillion current LCU | +14.7% |
| 2004 | -6.65 trillion current LCU | +6.6% |
| 2005 | -6.32 trillion current LCU | -5.0% |
| 2006 | -6.60 trillion current LCU | +4.4% |
| 2007 | -8.86 trillion current LCU | +34.2% |
| 2008 | -12.96 trillion current LCU | +46.3% |
| 2009 | -12.81 trillion current LCU | -1.2% |
| 2010 | -14.52 trillion current LCU | +13.3% |
| 2011 | -17.70 trillion current LCU | +21.9% |
| 2012 | -20.52 trillion current LCU | +15.9% |
| 2013 | -23.24 trillion current LCU | +13.2% |
| 2014 | -23.42 trillion current LCU | +0.8% |
| 2015 | -19.24 trillion current LCU | -17.9% |
| 2016 | -18.71 trillion current LCU | -2.7% |
| 2017 | -19.67 trillion current LCU | +5.1% |
| 2018 | -22.14 trillion current LCU | +12.6% |
| 2019 | -17.31 trillion current LCU | -21.8% |
| 2020 | -20.33 trillion current LCU | +17.5% |
| 2021 | -72.81 trillion current LCU | +258.1% |
| 2022 | -259.30 trillion current LCU | +256.1% |
| 2023 | -742.81 trillion current LCU | +186.5% |
| 2024 | -827.49 trillion current LCU | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -988.56 billion current LCU | -988.56 billion current LCU | -988.56 billion current LCU | 1 |
| 1990s | -6.75 trillion current LCU | -9.79 trillion current LCU | -1.62 trillion current LCU | 10 |
| 2000s | -7.80 trillion current LCU | -12.96 trillion current LCU | -5.44 trillion current LCU | 10 |
| 2010s | -19.65 trillion current LCU | -23.42 trillion current LCU | -14.52 trillion current LCU | 10 |
| 2020s | -384.55 trillion current LCU | -827.49 trillion current LCU | -20.33 trillion current LCU | 5 |
Countries ranked near Lebanon
- 188 Colombia -100.13 trillion current LCU compare
- 189 Uzbekistan -246.53 trillion current LCU compare
- 190 Somalia -272.14 trillion current LCU compare
- 192 Iran, Islamic Republic of -23,522.90 trillion current LCU 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)
- Net primary income (Net income from abroad) (current LCU), annual -24.65 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 43.63 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.6059 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 2,710 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 49.78 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 54,231 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 242.59 million current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0 (2025)
Frequently asked questions
- What is external balance on goods and services in Lebanon?
- External balance on goods and services in Lebanon was -827.49 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Lebanon?
- The highest recorded value was -988.56 billion current LCU in 1989.
- What is the lowest external balance on goods and services recorded in Lebanon?
- The lowest recorded value was -827.49 trillion current LCU in 2024.
- How does Lebanon rank for external balance on goods and services?
- Lebanon ranks 191st out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in Lebanon?
- Over the last ten years it is down 3,432.9%. 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 External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.