External balance on goods and services (current US$) (US current) in Lebanon
Lebanon: External balance on goods and services (current US$) (US current) was -9.25 billion current US$ in 2024. ◆ Volatile
Latest (2024)
-9.25 billion current US$
Change on year
down 6.8%
World rank
170th
of 193 countries
All-time high
-1.99 billion current US$
in 1989
All-time low
-15.54 billion current US$
in 2014
Years of data
36
1989–2024
External balance on goods and services in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Lebanon is -9.25 billion current US$, measured in 2024.
Compared with earlier readings it is down 6.8% on the previous year and up 40.5% over ten years.
Over the whole period, external balance on goods and services in Lebanon peaked at -1.99 billion current US$ in 1989 and was at its lowest, -15.54 billion current US$, in 2014.
Lebanon ranks 170th of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Lebanon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1989 | -1.99 billion current US$ | — |
| 1990 | -2.33 billion current US$ | +16.8% |
| 1991 | -3.16 billion current US$ | +35.9% |
| 1992 | -3.57 billion current US$ | +13.0% |
| 1993 | -4.61 billion current US$ | +28.9% |
| 1994 | -5.23 billion current US$ | +13.6% |
| 1995 | -6.04 billion current US$ | +15.3% |
| 1996 | -5.81 billion current US$ | -3.9% |
| 1997 | -5.20 billion current US$ | -10.4% |
| 1998 | -4.69 billion current US$ | -9.8% |
| 1999 | -3.95 billion current US$ | -15.9% |
| 2000 | -3.76 billion current US$ | -4.8% |
| 2001 | -4.30 billion current US$ | +14.4% |
| 2002 | -3.61 billion current US$ | -16.0% |
| 2003 | -4.14 billion current US$ | +14.7% |
| 2004 | -4.41 billion current US$ | +6.6% |
| 2005 | -4.20 billion current US$ | -5.0% |
| 2006 | -4.38 billion current US$ | +4.4% |
| 2007 | -5.88 billion current US$ | +34.2% |
| 2008 | -8.60 billion current US$ | +46.3% |
| 2009 | -8.50 billion current US$ | -1.2% |
| 2010 | -9.63 billion current US$ | +13.3% |
| 2011 | -11.74 billion current US$ | +21.9% |
| 2012 | -13.61 billion current US$ | +15.9% |
| 2013 | -15.41 billion current US$ | +13.2% |
| 2014 | -15.54 billion current US$ | +0.8% |
| 2015 | -12.76 billion current US$ | -17.9% |
| 2016 | -12.41 billion current US$ | -2.7% |
| 2017 | -13.05 billion current US$ | +5.1% |
| 2018 | -14.69 billion current US$ | +12.6% |
| 2019 | -11.14 billion current US$ | -24.1% |
| 2020 | -5.51 billion current US$ | -50.5% |
| 2021 | -6.19 billion current US$ | +12.4% |
| 2022 | -9.50 billion current US$ | +53.3% |
| 2023 | -8.65 billion current US$ | -8.9% |
| 2024 | -9.25 billion current US$ | +6.8% |
Lebanon compared with similar countries
- Lebanon's -9.25 billion current US$ is below the median for lower middle income countries, which is -1.67 billion current US$, 5.5× the median. (45 countries reporting)
- Lebanon's -9.25 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.68 billion current US$, 2.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.99 billion current US$ | -1.99 billion current US$ | -1.99 billion current US$ | 1 |
| 1990s | -4.46 billion current US$ | -6.04 billion current US$ | -2.33 billion current US$ | 10 |
| 2000s | -5.18 billion current US$ | -8.60 billion current US$ | -3.61 billion current US$ | 10 |
| 2010s | -13.00 billion current US$ | -15.54 billion current US$ | -9.63 billion current US$ | 10 |
| 2020s | -7.82 billion current US$ | -9.50 billion current US$ | -5.51 billion current US$ | 5 |
Countries ranked near Lebanon
- 167 Kyrgyzstan -8.77 billion current US$ compare
- 168 El Salvador -8.83 billion current US$ compare
- 169 Somalia -9.04 billion current US$ compare
- 171 Afghanistan -9.31 billion current US$ compare
- 172 Nepal -11.33 billion current US$ compare
- 173 Mexico -11.61 billion current US$ 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)
- SDRs holdings, US dollar, annual growth rate -18.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 1.42 units per person (2025)
- SDRs holdings, SDR, annual growth rate -22.54 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 1.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0255 units per US$ of GDP (2024)
Frequently asked questions
- What is external balance on goods and services in Lebanon?
- External balance on goods and services in Lebanon was -9.25 billion current US$ 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 -1.99 billion current US$ in 1989.
- What is the lowest external balance on goods and services recorded in Lebanon?
- The lowest recorded value was -15.54 billion current US$ in 2014.
- How does Lebanon rank for external balance on goods and services?
- Lebanon ranks 170th out of 193 countries with data for 2024.
- Is external balance on goods and services rising or falling in Lebanon?
- Over the last ten years it is up 40.5%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.