Goods imports in Lebanon
Lebanon: Goods imports was 16.69 billion BoP, current US$ in 2023. ▲ Rising
Goods imports in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Lebanon recorded 16.69 billion BoP, current US$ for goods imports in 2023.
The figure is down 7.0% on the previous year and down 18.2% over ten years.
Over the whole period, goods imports in Lebanon peaked at 20.54 billion BoP, current US$ in 2012 and was at its lowest, 6.13 billion BoP, current US$, in 2002.
Lebanon ranks 88th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Goods imports in Lebanon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 6.13 billion BoP, current US$ | — |
| 2003 | 6.81 billion BoP, current US$ | +11.1% |
| 2004 | 8.91 billion BoP, current US$ | +30.8% |
| 2005 | 8.96 billion BoP, current US$ | +0.6% |
| 2006 | 9.03 billion BoP, current US$ | +0.7% |
| 2007 | 11.46 billion BoP, current US$ | +27.0% |
| 2008 | 15.53 billion BoP, current US$ | +35.5% |
| 2009 | 15.39 billion BoP, current US$ | -0.9% |
| 2010 | 17.19 billion BoP, current US$ | +11.7% |
| 2011 | 18.86 billion BoP, current US$ | +9.7% |
| 2012 | 20.54 billion BoP, current US$ | +8.9% |
| 2013 | 20.40 billion BoP, current US$ | -0.7% |
| 2014 | 20.04 billion BoP, current US$ | -1.8% |
| 2015 | 17.20 billion BoP, current US$ | -14.2% |
| 2016 | 17.71 billion BoP, current US$ | +3.0% |
| 2017 | 18.21 billion BoP, current US$ | +2.9% |
| 2018 | 18.45 billion BoP, current US$ | +1.3% |
| 2019 | 17.99 billion BoP, current US$ | -2.5% |
| 2020 | 10.40 billion BoP, current US$ | -42.2% |
| 2021 | 12.73 billion BoP, current US$ | +22.4% |
| 2022 | 17.95 billion BoP, current US$ | +41.0% |
| 2023 | 16.69 billion BoP, current US$ | -7.0% |
Lebanon compared with similar countries
- Lebanon's 16.69 billion BoP, current US$ is above the median for lower middle income countries, which is 9.23 billion BoP, current US$, 1.8× the median. (47 countries reporting)
- Lebanon's 16.69 billion BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 23.59 billion BoP, current US$, 71% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.28 billion BoP, current US$ | 6.13 billion BoP, current US$ | 15.53 billion BoP, current US$ | 8 |
| 2010s | 18.66 billion BoP, current US$ | 17.19 billion BoP, current US$ | 20.54 billion BoP, current US$ | 10 |
| 2020s | 14.44 billion BoP, current US$ | 10.40 billion BoP, current US$ | 17.95 billion BoP, current US$ | 4 |
Countries ranked near Lebanon
- 85 Azerbaijan 17.70 billion BoP, current US$ compare
- 86 Paraguay 17.49 billion BoP, current US$ compare
- 87 Ghana 17.45 billion BoP, current US$ compare
- 89 El Salvador 16.66 billion BoP, current US$ compare
- 90 Georgia 16.47 billion BoP, current US$ compare
- 91 Venezuela 16.34 billion BoP, current 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is goods imports in Lebanon?
- Goods imports in Lebanon was 16.69 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Lebanon?
- The highest recorded value was 20.54 billion BoP, current US$ in 2012.
- What is the lowest goods imports recorded in Lebanon?
- The lowest recorded value was 6.13 billion BoP, current US$ in 2002.
- How does Lebanon rank for goods imports?
- Lebanon ranks 88th out of 200 countries with data for 2023.
- Is goods imports rising or falling in Lebanon?
- Over the last ten years it is down 18.2%. The long-run trend across the full record is rising.
- Where does this Lebanon data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.