Final consumption expenditure in Lebanon
Lebanon: Final consumption expenditure was 34.84 billion current US$ in 2024. ◆ Volatile
Final consumption expenditure in Lebanon, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Lebanon is 34.84 billion current US$, measured in 2024.
The figure is up 22.9% on the previous year and down 32.5% over ten years.
Over the whole period, final consumption expenditure in Lebanon peaked at 57.24 billion current US$ in 2018 and was at its lowest, 3.85 billion current US$, in 1990.
Lebanon ranks 99th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Lebanon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 3.85 billion current US$ | — |
| 1991 | 5.60 billion current US$ | +45.2% |
| 1992 | 7.71 billion current US$ | +37.7% |
| 1993 | 10.08 billion current US$ | +30.9% |
| 1994 | 11.32 billion current US$ | +12.2% |
| 1995 | 13.48 billion current US$ | +19.2% |
| 1996 | 14.73 billion current US$ | +9.3% |
| 1997 | 16.35 billion current US$ | +11.0% |
| 1998 | 17.04 billion current US$ | +4.2% |
| 1999 | 17.37 billion current US$ | +1.9% |
| 2000 | 17.49 billion current US$ | +0.7% |
| 2001 | 17.92 billion current US$ | +2.4% |
| 2002 | 19.17 billion current US$ | +7.0% |
| 2003 | 20.38 billion current US$ | +6.3% |
| 2004 | 20.69 billion current US$ | +1.6% |
| 2005 | 20.76 billion current US$ | +0.3% |
| 2006 | 21.88 billion current US$ | +5.4% |
| 2007 | 24.68 billion current US$ | +12.8% |
| 2008 | 29.57 billion current US$ | +19.8% |
| 2009 | 34.37 billion current US$ | +16.2% |
| 2010 | 38.49 billion current US$ | +12.0% |
| 2011 | 40.95 billion current US$ | +6.4% |
| 2012 | 46.72 billion current US$ | +14.1% |
| 2013 | 49.35 billion current US$ | +5.6% |
| 2014 | 51.62 billion current US$ | +4.6% |
| 2015 | 51.60 billion current US$ | -0.1% |
| 2016 | 51.72 billion current US$ | +0.3% |
| 2017 | 54.52 billion current US$ | +5.4% |
| 2018 | 57.24 billion current US$ | +5.0% |
| 2019 | 56.39 billion current US$ | -1.5% |
| 2020 | 34.66 billion current US$ | -38.5% |
| 2021 | 28.09 billion current US$ | -19.0% |
| 2022 | 30.23 billion current US$ | +7.6% |
| 2023 | 28.35 billion current US$ | -6.2% |
| 2024 | 34.84 billion current US$ | +22.9% |
Lebanon compared with similar countries
- Lebanon's 34.84 billion current US$ is above the median for lower middle income countries, which is 23.88 billion current US$, 1.5× the median. (45 countries reporting)
- Lebanon's 34.84 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 61.99 billion current US$, 56% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.75 billion current US$ | 3.85 billion current US$ | 17.37 billion current US$ | 10 |
| 2000s | 22.69 billion current US$ | 17.49 billion current US$ | 34.37 billion current US$ | 10 |
| 2010s | 49.86 billion current US$ | 38.49 billion current US$ | 57.24 billion current US$ | 10 |
| 2020s | 31.23 billion current US$ | 28.09 billion current US$ | 34.84 billion current US$ | 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)
- 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in Lebanon?
- Final consumption expenditure in Lebanon was 34.84 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Lebanon?
- The highest recorded value was 57.24 billion current US$ in 2018.
- What is the lowest final consumption expenditure recorded in Lebanon?
- The lowest recorded value was 3.85 billion current US$ in 1990.
- How does Lebanon rank for final consumption expenditure?
- Lebanon ranks 99th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Lebanon?
- Over the last ten years it is down 32.5%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.