GDP in Lebanon
Lebanon: GDP was 2,324.46 trillion current LCU in 2024. ◆ Volatile
GDP in Lebanon, 1988–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Lebanon recorded 2,324.46 trillion current LCU for gdp in 2024. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 34.9% on the previous year and up 3,106.0% over ten years.
Over the whole period, gdp in Lebanon peaked at 2,324.46 trillion current LCU in 2024 and was at its lowest, 1.35 trillion current LCU, in 1989.
That places Lebanon 5th out of 214 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Lebanon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 1.36 trillion current LCU | — |
| 1989 | 1.35 trillion current LCU | -0.4% |
| 1990 | 1.97 trillion current LCU | +46.1% |
| 1991 | 4.35 trillion current LCU | +120.7% |
| 1992 | 10.01 trillion current LCU | +129.9% |
| 1993 | 13.83 trillion current LCU | +38.2% |
| 1994 | 16.13 trillion current LCU | +16.6% |
| 1995 | 19.00 trillion current LCU | +17.8% |
| 1996 | 21.51 trillion current LCU | +13.2% |
| 1997 | 24.25 trillion current LCU | +12.7% |
| 1998 | 26.15 trillion current LCU | +7.8% |
| 1999 | 26.22 trillion current LCU | +0.3% |
| 2000 | 26.02 trillion current LCU | -0.8% |
| 2001 | 26.61 trillion current LCU | +2.3% |
| 2002 | 28.87 trillion current LCU | +8.5% |
| 2003 | 30.27 trillion current LCU | +4.9% |
| 2004 | 31.90 trillion current LCU | +5.4% |
| 2005 | 32.41 trillion current LCU | +1.6% |
| 2006 | 33.20 trillion current LCU | +2.4% |
| 2007 | 37.43 trillion current LCU | +12.7% |
| 2008 | 43.90 trillion current LCU | +17.3% |
| 2009 | 53.36 trillion current LCU | +21.6% |
| 2010 | 57.95 trillion current LCU | +8.6% |
| 2011 | 60.19 trillion current LCU | +3.9% |
| 2012 | 66.36 trillion current LCU | +10.2% |
| 2013 | 70.67 trillion current LCU | +6.5% |
| 2014 | 72.50 trillion current LCU | +2.6% |
| 2015 | 75.27 trillion current LCU | +3.8% |
| 2016 | 77.10 trillion current LCU | +2.4% |
| 2017 | 79.94 trillion current LCU | +3.7% |
| 2018 | 82.76 trillion current LCU | +3.5% |
| 2019 | 80.20 trillion current LCU | -3.1% |
| 2020 | 116.95 trillion current LCU | +45.8% |
| 2021 | 271.92 trillion current LCU | +132.5% |
| 2022 | 573.28 trillion current LCU | +110.8% |
| 2023 | 1,723.31 trillion current LCU | +200.6% |
| 2024 | 2,324.46 trillion current LCU | +34.9% |
Lebanon compared with similar countries
- Lebanon's 2,324.46 trillion current LCU is above the median for lower middle income countries, which is 1.98 trillion current LCU, 1176.1× the median. (47 countries reporting)
- Lebanon's 2,324.46 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.71 trillion current LCU, 1363.1× 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 |
|---|---|---|---|
| 2023 | +200.6% | 573.28 trillion current LCU | 1,723.31 trillion current LCU |
| 2021 | +132.5% | 116.95 trillion current LCU | 271.92 trillion current LCU |
| 1992 | +129.9% | 4.35 trillion current LCU | 10.01 trillion current LCU |
| 1991 | +120.7% | 1.97 trillion current LCU | 4.35 trillion current LCU |
| 2022 | +110.8% | 271.92 trillion current LCU | 573.28 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.35 trillion current LCU | 1.35 trillion current LCU | 1.36 trillion current LCU | 2 |
| 1990s | 16.34 trillion current LCU | 1.97 trillion current LCU | 26.22 trillion current LCU | 10 |
| 2000s | 34.40 trillion current LCU | 26.02 trillion current LCU | 53.36 trillion current LCU | 10 |
| 2010s | 72.29 trillion current LCU | 57.95 trillion current LCU | 82.76 trillion current LCU | 10 |
| 2020s | 1,001.98 trillion current LCU | 116.95 trillion current LCU | 2,324.46 trillion current LCU | 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 gdp in Lebanon?
- Gdp in Lebanon was 2,324.46 trillion current 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 2,324.46 trillion current LCU in 2024.
- What is the lowest gdp recorded in Lebanon?
- The lowest recorded value was 1.35 trillion current LCU in 1989.
- How does Lebanon rank for gdp?
- Lebanon ranks 5th out of 214 countries with data for 2024.
- Is gdp rising or falling in Lebanon?
- Over the last ten years it is up 3,106.0%. 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 GDP (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.