GDP in Lebanon
Lebanon: GDP was 25.97 billion current US$ in 2024. ◆ Volatile
GDP in Lebanon, 1988–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Lebanon recorded 25.97 billion current US$ for gdp in 2024.
The figure is up 29.3% on the previous year and down 46.0% over ten years.
Over the whole period, gdp in Lebanon peaked at 54.90 billion current US$ in 2018 and was at its lowest, 2.72 billion current US$, in 1989.
That places Lebanon 122nd out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Lebanon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1988 | 3.31 billion current US$ | — |
| 1989 | 2.72 billion current US$ | -18.0% |
| 1990 | 2.84 billion current US$ | +4.4% |
| 1991 | 4.69 billion current US$ | +65.2% |
| 1992 | 5.84 billion current US$ | +24.6% |
| 1993 | 7.94 billion current US$ | +35.9% |
| 1994 | 9.60 billion current US$ | +20.9% |
| 1995 | 11.72 billion current US$ | +22.1% |
| 1996 | 13.69 billion current US$ | +16.8% |
| 1997 | 15.75 billion current US$ | +15.1% |
| 1998 | 17.25 billion current US$ | +9.5% |
| 1999 | 17.39 billion current US$ | +0.8% |
| 2000 | 17.26 billion current US$ | -0.8% |
| 2001 | 17.65 billion current US$ | +2.3% |
| 2002 | 19.15 billion current US$ | +8.5% |
| 2003 | 20.08 billion current US$ | +4.9% |
| 2004 | 21.16 billion current US$ | +5.4% |
| 2005 | 21.50 billion current US$ | +1.6% |
| 2006 | 22.02 billion current US$ | +2.4% |
| 2007 | 24.83 billion current US$ | +12.7% |
| 2008 | 29.12 billion current US$ | +17.3% |
| 2009 | 35.40 billion current US$ | +21.6% |
| 2010 | 38.44 billion current US$ | +8.6% |
| 2011 | 39.93 billion current US$ | +3.9% |
| 2012 | 44.02 billion current US$ | +10.2% |
| 2013 | 46.88 billion current US$ | +6.5% |
| 2014 | 48.10 billion current US$ | +2.6% |
| 2015 | 49.93 billion current US$ | +3.8% |
| 2016 | 51.15 billion current US$ | +2.4% |
| 2017 | 53.03 billion current US$ | +3.7% |
| 2018 | 54.90 billion current US$ | +3.5% |
| 2019 | 51.61 billion current US$ | -6.0% |
| 2020 | 31.71 billion current US$ | -38.5% |
| 2021 | 23.13 billion current US$ | -27.1% |
| 2022 | 20.99 billion current US$ | -9.2% |
| 2023 | 20.08 billion current US$ | -4.4% |
| 2024 | 25.97 billion current US$ | +29.3% |
Lebanon compared with similar countries
- Lebanon's 25.97 billion current US$ is below the median for lower middle income countries, which is 32.08 billion current US$, 81% of the median. (47 countries reporting)
- Lebanon's 25.97 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 109.61 billion current US$, 24% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +65.2% | 2.84 billion current US$ | 4.69 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.02 billion current US$ | 2.72 billion current US$ | 3.31 billion current US$ | 2 |
| 1990s | 10.67 billion current US$ | 2.84 billion current US$ | 17.39 billion current US$ | 10 |
| 2000s | 22.82 billion current US$ | 17.26 billion current US$ | 35.40 billion current US$ | 10 |
| 2010s | 47.80 billion current US$ | 38.44 billion current US$ | 54.90 billion current US$ | 10 |
| 2020s | 24.38 billion current US$ | 20.08 billion current US$ | 31.71 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is gdp in Lebanon?
- Gdp in Lebanon was 25.97 billion current US$ 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 54.90 billion current US$ in 2018.
- What is the lowest gdp recorded in Lebanon?
- The lowest recorded value was 2.72 billion current US$ in 1989.
- How does Lebanon rank for gdp?
- Lebanon ranks 122nd out of 214 countries with data for 2024.
- Is gdp rising or falling in Lebanon?
- Over the last ten years it is down 46.0%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.