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 214 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
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
- External balance on goods and services as a percent of GDP -35.6% (2024)
- Inflation of consumer prices 14.6% (2025)
- GDP per capita 5,391 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 1.4% (2021)
- Gross domestic product (GDP) 31.30 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 5,391 constant 2015 US$ (2024)
- DEC alternative conversion factor 89,500 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 571.94 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 6.39 billion current US$ (2024)
- Taxes less subsidies on products 1,408.46 trillion current LCU (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 214 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.
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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.