Gross domestic product (GDP) in Lebanon
Lebanon: Gross domestic product (GDP) was 31.30 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
31.30 billion constant 2015 US$
Change on year
down 7.1%
World rank
104th
of 209 countries
All-time high
51.16 billion constant 2015 US$
in 2017
All-time low
7.82 billion constant 2015 US$
in 1989
Years of data
37
1988–2024
Gross domestic product (GDP) in Lebanon, 1988–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for gross domestic product (gdp) in Lebanon is 31.30 billion constant 2015 US$, measured in 2024.
Compared with earlier readings it is down 7.1% on the previous year and down 37.0% over ten years.
Over the whole period, gross domestic product (gdp) in Lebanon peaked at 51.16 billion constant 2015 US$ in 2017 and was at its lowest, 7.82 billion constant 2015 US$, in 1989.
That places Lebanon 104th out of 209 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross domestic product (GDP) in Lebanon, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1988 | 13.59 billion constant 2015 US$ | — |
| 1989 | 7.82 billion constant 2015 US$ | -42.5% |
| 1990 | 9.90 billion constant 2015 US$ | +26.5% |
| 1991 | 14.79 billion constant 2015 US$ | +49.4% |
| 1992 | 17.22 billion constant 2015 US$ | +16.4% |
| 1993 | 19.08 billion constant 2015 US$ | +10.8% |
| 1994 | 20.62 billion constant 2015 US$ | +8.1% |
| 1995 | 21.95 billion constant 2015 US$ | +6.4% |
| 1996 | 24.43 billion constant 2015 US$ | +11.3% |
| 1997 | 24.69 billion constant 2015 US$ | +1.1% |
| 1998 | 25.59 billion constant 2015 US$ | +3.7% |
| 1999 | 25.46 billion constant 2015 US$ | -0.5% |
| 2000 | 25.80 billion constant 2015 US$ | +1.3% |
| 2001 | 26.79 billion constant 2015 US$ | +3.8% |
| 2002 | 27.71 billion constant 2015 US$ | +3.4% |
| 2003 | 28.60 billion constant 2015 US$ | +3.2% |
| 2004 | 30.51 billion constant 2015 US$ | +6.7% |
| 2005 | 31.33 billion constant 2015 US$ | +2.7% |
| 2006 | 31.82 billion constant 2015 US$ | +1.5% |
| 2007 | 34.78 billion constant 2015 US$ | +9.3% |
| 2008 | 37.93 billion constant 2015 US$ | +9.1% |
| 2009 | 41.81 billion constant 2015 US$ | +10.2% |
| 2010 | 45.15 billion constant 2015 US$ | +8.0% |
| 2011 | 45.54 billion constant 2015 US$ | +0.9% |
| 2012 | 46.71 billion constant 2015 US$ | +2.6% |
| 2013 | 48.49 billion constant 2015 US$ | +3.8% |
| 2014 | 49.70 billion constant 2015 US$ | +2.5% |
| 2015 | 49.93 billion constant 2015 US$ | +0.5% |
| 2016 | 50.71 billion constant 2015 US$ | +1.6% |
| 2017 | 51.16 billion constant 2015 US$ | +0.9% |
| 2018 | 50.20 billion constant 2015 US$ | -1.9% |
| 2019 | 46.73 billion constant 2015 US$ | -6.9% |
| 2020 | 36.73 billion constant 2015 US$ | -21.4% |
| 2021 | 34.16 billion constant 2015 US$ | -7.0% |
| 2022 | 33.94 billion constant 2015 US$ | -0.6% |
| 2023 | 33.69 billion constant 2015 US$ | -0.8% |
| 2024 | 31.30 billion constant 2015 US$ | -7.1% |
Lebanon compared with similar countries
- Lebanon's 31.30 billion constant 2015 US$ is above the median for lower middle income countries, which is 28.68 billion constant 2015 US$, 1.1× the median. (47 countries reporting)
- Lebanon's 31.30 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 93.82 billion constant 2015 US$, 33% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +49.4% | 9.90 billion constant 2015 US$ | 14.79 billion constant 2015 US$ |
| 1989 | -42.5% | 13.59 billion constant 2015 US$ | 7.82 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.71 billion constant 2015 US$ | 7.82 billion constant 2015 US$ | 13.59 billion constant 2015 US$ | 2 |
| 1990s | 20.37 billion constant 2015 US$ | 9.90 billion constant 2015 US$ | 25.59 billion constant 2015 US$ | 10 |
| 2000s | 31.71 billion constant 2015 US$ | 25.80 billion constant 2015 US$ | 41.81 billion constant 2015 US$ | 10 |
| 2010s | 48.43 billion constant 2015 US$ | 45.15 billion constant 2015 US$ | 51.16 billion constant 2015 US$ | 10 |
| 2020s | 33.96 billion constant 2015 US$ | 31.30 billion constant 2015 US$ | 36.73 billion constant 2015 US$ | 5 |
Countries ranked near Lebanon
- 101 Nepal 36.54 billion constant 2015 US$ compare
- 102 Cyprus 33.08 billion constant 2015 US$ compare
- 103 Guyana 32.76 billion constant 2015 US$ compare
- 105 Latvia 31.21 billion constant 2015 US$ compare
- 106 El Salvador 30.14 billion constant 2015 US$ compare
- 107 Sudan 30.07 billion constant 2015 US$ 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Lebanon?
- Gross domestic product (gdp) in Lebanon was 31.30 billion constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Lebanon?
- The highest recorded value was 51.16 billion constant 2015 US$ in 2017.
- What is the lowest gross domestic product (gdp) recorded in Lebanon?
- The lowest recorded value was 7.82 billion constant 2015 US$ in 1989.
- How does Lebanon rank for gross domestic product (gdp)?
- Lebanon ranks 104th out of 209 countries with data for 2024.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.