GDP growth in Lebanon
Lebanon: GDP growth was -0.7606 in 2023. ◆ Volatile
Latest (2023)
-0.7606
Change on year
down 22.3%
World rank
68th
of 74 countries
All-time high
49.45
in 1991
All-time low
-42.45
in 1989
Years of data
35
1989–2023
GDP growth in Lebanon, 1989–2023
Source: UNICEF.
Analysis
In 2023, gdp growth in Lebanon stood at -0.7606.
Compared with earlier readings it is down 22.3% on the previous year and down 119.9% over ten years.
Over the whole period, gdp growth in Lebanon peaked at 49.45 in 1991 and was at its lowest, -42.45, in 1989.
That places Lebanon 68th out of 74 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Lebanon, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | -42.45 | — |
| 1990 | 26.53 | -162.5% |
| 1991 | 49.45 | +86.4% |
| 1992 | 16.44 | -66.8% |
| 1993 | 10.77 | -34.5% |
| 1994 | 8.11 | -24.7% |
| 1995 | 6.45 | -20.4% |
| 1996 | 11.29 | +75.0% |
| 1997 | 1.05 | -90.7% |
| 1998 | 3.67 | +247.5% |
| 1999 | -0.5256 | -114.3% |
| 2000 | 1.34 | -355.3% |
| 2001 | 3.84 | +186.1% |
| 2002 | 3.42 | -10.8% |
| 2003 | 3.23 | -5.7% |
| 2004 | 6.68 | +107.0% |
| 2005 | 2.69 | -59.8% |
| 2006 | 1.55 | -42.3% |
| 2007 | 9.31 | +500.9% |
| 2008 | 9.07 | -2.6% |
| 2009 | 10.23 | +12.8% |
| 2010 | 7.98 | -22.1% |
| 2011 | 0.8673 | -89.1% |
| 2012 | 2.56 | +195.7% |
| 2013 | 3.83 | +49.2% |
| 2014 | 2.48 | -35.1% |
| 2015 | 0.4623 | -81.4% |
| 2016 | 1.55 | +236.2% |
| 2017 | 0.903 | -41.9% |
| 2018 | -1.88 | -308.7% |
| 2019 | -6.91 | +266.9% |
| 2020 | -21.4 | +209.5% |
| 2021 | -7 | -67.3% |
| 2022 | -0.6217 | -91.1% |
| 2023 | -0.7606 | +22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -42.45 | -42.45 | -42.45 | 1 |
| 1990s | 13.32 | -0.5256 | 49.45 | 10 |
| 2000s | 5.14 | 1.34 | 10.23 | 10 |
| 2010s | 1.18 | -6.91 | 7.98 | 10 |
| 2020s | -7.45 | -21.4 | -0.6217 | 4 |
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)
- GDP (current US$), annual growth rate 29.35 % change on previous year (2024)
- GDP (current US$), per capita 4,473 current US$ per person (2024)
- GDP (current LCU), annual growth rate 34.88 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 89,500 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 400.36 million current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate -7.08 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 1.21 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 5,391 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gdp growth in Lebanon?
- Gdp growth in Lebanon was -0.7606 in 2023, according to UNICEF.
- What is the highest gdp growth recorded in Lebanon?
- The highest recorded value was 49.45 in 1991.
- What is the lowest gdp growth recorded in Lebanon?
- The lowest recorded value was -42.45 in 1989.
- How does Lebanon rank for gdp growth?
- Lebanon ranks 68th out of 74 countries with data for 2023.
- Is gdp growth rising or falling in Lebanon?
- Over the last ten years it is down 119.9%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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