Final consumption expenditure in Lebanon
Lebanon: Final consumption expenditure was 37.45 billion constant 2015 US$ in 2024. ▲ Rising
Final consumption expenditure in Lebanon, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Lebanon recorded 37.45 billion constant 2015 US$ for final consumption expenditure in 2024.
The figure is down 4.0% on the previous year and down 25.1% over ten years.
Over the whole period, final consumption expenditure in Lebanon peaked at 53.61 billion constant 2015 US$ in 2017 and was at its lowest, 9.05 billion constant 2015 US$, in 1990.
Lebanon ranks 90th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Final consumption expenditure in Lebanon, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1990 | 9.05 billion constant 2015 US$ | — |
| 1991 | 12.23 billion constant 2015 US$ | +35.1% |
| 1992 | 18.74 billion constant 2015 US$ | +53.3% |
| 1993 | 21.48 billion constant 2015 US$ | +14.6% |
| 1994 | 22.09 billion constant 2015 US$ | +2.8% |
| 1995 | 23.14 billion constant 2015 US$ | +4.8% |
| 1996 | 24.41 billion constant 2015 US$ | +5.5% |
| 1997 | 24.26 billion constant 2015 US$ | -0.6% |
| 1998 | 24.86 billion constant 2015 US$ | +2.5% |
| 1999 | 25.14 billion constant 2015 US$ | +1.1% |
| 2000 | 25.46 billion constant 2015 US$ | +1.3% |
| 2001 | 26.79 billion constant 2015 US$ | +5.2% |
| 2002 | 27.56 billion constant 2015 US$ | +2.9% |
| 2003 | 28.44 billion constant 2015 US$ | +3.2% |
| 2004 | 29.87 billion constant 2015 US$ | +5.0% |
| 2005 | 29.14 billion constant 2015 US$ | -2.5% |
| 2006 | 30.02 billion constant 2015 US$ | +3.0% |
| 2007 | 32.14 billion constant 2015 US$ | +7.1% |
| 2008 | 34.91 billion constant 2015 US$ | +8.6% |
| 2009 | 39.56 billion constant 2015 US$ | +13.3% |
| 2010 | 42.42 billion constant 2015 US$ | +7.2% |
| 2011 | 41.27 billion constant 2015 US$ | -2.7% |
| 2012 | 45.01 billion constant 2015 US$ | +9.1% |
| 2013 | 47.24 billion constant 2015 US$ | +5.0% |
| 2014 | 50.01 billion constant 2015 US$ | +5.9% |
| 2015 | 51.60 billion constant 2015 US$ | +3.2% |
| 2016 | 52.81 billion constant 2015 US$ | +2.4% |
| 2017 | 53.61 billion constant 2015 US$ | +1.5% |
| 2018 | 52.98 billion constant 2015 US$ | -1.2% |
| 2019 | 52.23 billion constant 2015 US$ | -1.4% |
| 2020 | 40.82 billion constant 2015 US$ | -21.8% |
| 2021 | 37.97 billion constant 2015 US$ | -7.0% |
| 2022 | 39.22 billion constant 2015 US$ | +3.3% |
| 2023 | 39.00 billion constant 2015 US$ | -0.6% |
| 2024 | 37.45 billion constant 2015 US$ | -4.0% |
Lebanon compared with similar countries
- Lebanon's 37.45 billion constant 2015 US$ is above the median for lower middle income countries, which is 16.69 billion constant 2015 US$, 2.2× the median. (43 countries reporting)
- Lebanon's 37.45 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 68.85 billion constant 2015 US$, 54% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +53.3% | 12.23 billion constant 2015 US$ | 18.74 billion constant 2015 US$ |
| 1991 | +35.1% | 9.05 billion constant 2015 US$ | 12.23 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.54 billion constant 2015 US$ | 9.05 billion constant 2015 US$ | 25.14 billion constant 2015 US$ | 10 |
| 2000s | 30.39 billion constant 2015 US$ | 25.46 billion constant 2015 US$ | 39.56 billion constant 2015 US$ | 10 |
| 2010s | 48.92 billion constant 2015 US$ | 41.27 billion constant 2015 US$ | 53.61 billion constant 2015 US$ | 10 |
| 2020s | 38.89 billion constant 2015 US$ | 37.45 billion constant 2015 US$ | 40.82 billion constant 2015 US$ | 5 |
Countries ranked near Lebanon
- 87 Luxembourg 40.49 billion constant 2015 US$ compare
- 88 Lithuania 39.73 billion constant 2015 US$ compare
- 89 Cameroon 39.23 billion constant 2015 US$ compare
- 91 Paraguay 37.25 billion constant 2015 US$ compare
- 92 Bolivia 34.18 billion constant 2015 US$ compare
- 93 Nepal 33.58 billion constant 2015 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 390.72 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.3 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.84 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 181.11 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0709 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 317.35 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in Lebanon?
- Final consumption expenditure in Lebanon was 37.45 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Lebanon?
- The highest recorded value was 53.61 billion constant 2015 US$ in 2017.
- What is the lowest final consumption expenditure recorded in Lebanon?
- The lowest recorded value was 9.05 billion constant 2015 US$ in 1990.
- How does Lebanon rank for final consumption expenditure?
- Lebanon ranks 90th out of 172 countries with data for 2024.
- Is final consumption expenditure rising or falling in Lebanon?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is rising.
- 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 Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.