GDP in Lebanon
Lebanon: GDP was 40.18 trillion constant LCU in 2024. ▲ Rising
GDP in Lebanon, 1988–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gdp in Lebanon stood at 40.18 trillion constant LCU.
The figure is down 7.1% on the previous year and down 37.0% over ten years.
Over the whole period, gdp in Lebanon peaked at 65.68 trillion constant LCU in 2017 and was at its lowest, 10.04 trillion constant LCU, in 1989.
Lebanon ranks 26th of 215 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
GDP in Lebanon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1988 | 17.45 trillion constant LCU | — |
| 1989 | 10.04 trillion constant LCU | -42.5% |
| 1990 | 12.70 trillion constant LCU | +26.5% |
| 1991 | 18.99 trillion constant LCU | +49.4% |
| 1992 | 22.11 trillion constant LCU | +16.4% |
| 1993 | 24.49 trillion constant LCU | +10.8% |
| 1994 | 26.47 trillion constant LCU | +8.1% |
| 1995 | 28.18 trillion constant LCU | +6.4% |
| 1996 | 31.36 trillion constant LCU | +11.3% |
| 1997 | 31.69 trillion constant LCU | +1.1% |
| 1998 | 32.85 trillion constant LCU | +3.7% |
| 1999 | 32.68 trillion constant LCU | -0.5% |
| 2000 | 33.12 trillion constant LCU | +1.3% |
| 2001 | 34.39 trillion constant LCU | +3.8% |
| 2002 | 35.57 trillion constant LCU | +3.4% |
| 2003 | 36.71 trillion constant LCU | +3.2% |
| 2004 | 39.17 trillion constant LCU | +6.7% |
| 2005 | 40.22 trillion constant LCU | +2.7% |
| 2006 | 40.84 trillion constant LCU | +1.5% |
| 2007 | 44.64 trillion constant LCU | +9.3% |
| 2008 | 48.69 trillion constant LCU | +9.1% |
| 2009 | 53.67 trillion constant LCU | +10.2% |
| 2010 | 57.95 trillion constant LCU | +8.0% |
| 2011 | 58.46 trillion constant LCU | +0.9% |
| 2012 | 59.96 trillion constant LCU | +2.6% |
| 2013 | 62.25 trillion constant LCU | +3.8% |
| 2014 | 63.80 trillion constant LCU | +2.5% |
| 2015 | 64.09 trillion constant LCU | +0.5% |
| 2016 | 65.09 trillion constant LCU | +1.6% |
| 2017 | 65.68 trillion constant LCU | +0.9% |
| 2018 | 64.44 trillion constant LCU | -1.9% |
| 2019 | 59.98 trillion constant LCU | -6.9% |
| 2020 | 47.15 trillion constant LCU | -21.4% |
| 2021 | 43.85 trillion constant LCU | -7.0% |
| 2022 | 43.57 trillion constant LCU | -0.6% |
| 2023 | 43.24 trillion constant LCU | -0.8% |
| 2024 | 40.18 trillion constant LCU | -7.1% |
Lebanon compared with similar countries
- Lebanon's 40.18 trillion constant LCU is above the median for lower middle income countries, which is 706.00 billion constant LCU, 56.9× the median. (47 countries reporting)
- Lebanon's 40.18 trillion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 736.64 billion constant LCU, 54.5× the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP 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 |
|---|---|---|---|
| 1991 | +49.4% | 12.70 trillion constant LCU | 18.99 trillion constant LCU |
| 1989 | -42.5% | 17.45 trillion constant LCU | 10.04 trillion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.74 trillion constant LCU | 10.04 trillion constant LCU | 17.45 trillion constant LCU | 2 |
| 1990s | 26.15 trillion constant LCU | 12.70 trillion constant LCU | 32.85 trillion constant LCU | 10 |
| 2000s | 40.70 trillion constant LCU | 33.12 trillion constant LCU | 53.67 trillion constant LCU | 10 |
| 2010s | 62.17 trillion constant LCU | 57.95 trillion constant LCU | 65.68 trillion constant LCU | 10 |
| 2020s | 43.60 trillion constant LCU | 40.18 trillion constant LCU | 47.15 trillion constant LCU | 5 |
Countries ranked near Lebanon
- 23 Costa Rica 52.40 trillion constant LCU compare
- 24 Cote d'Ivoire 48.17 trillion constant LCU compare
- 25 Pakistan 43.61 trillion constant LCU compare
- 27 Bangladesh 34.63 trillion constant LCU compare
- 28 Mongolia 34.33 trillion constant LCU compare
- 29 Cameroon 26.49 trillion constant 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)
- 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 gdp in Lebanon?
- Gdp in Lebanon was 40.18 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Lebanon?
- The highest recorded value was 65.68 trillion constant LCU in 2017.
- What is the lowest gdp recorded in Lebanon?
- The lowest recorded value was 10.04 trillion constant LCU in 1989.
- How does Lebanon rank for gdp?
- Lebanon ranks 26th out of 215 countries with data for 2024.
- Is gdp rising or falling in Lebanon?
- Over the last ten years it is down 37.0%. 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 GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 varies by country. This series is expressed in local currency units.