Gross Domestic Product, GDP in millions constant 2021 international $ in Lebanon
Lebanon: Gross Domestic Product, GDP in millions constant 2021 international $ was -0.7 % change on previous year in 2023. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Lebanon, 1992–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lebanon recorded -0.7 % change on previous year for gross domestic product, gdp in millions constant 2021 international $ in 2023.
Compared with earlier readings it is down 170.0% on the previous year and down 118.3% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Lebanon peaked at 16.44 % change on previous year in 1992 and was at its lowest, -24.6 % change on previous year, in 2020.
Lebanon ranks 186th of 189 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Lebanon, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 16.44 % change on previous year | — |
| 1993 | 10.77 % change on previous year | -34.5% |
| 1994 | 8.11 % change on previous year | -24.7% |
| 1995 | 6.45 % change on previous year | -20.4% |
| 1996 | 11.29 % change on previous year | +75.0% |
| 1997 | 1.05 % change on previous year | -90.7% |
| 1998 | 3.67 % change on previous year | +247.5% |
| 1999 | -0.5256 % change on previous year | -114.3% |
| 2000 | 1.34 % change on previous year | -355.3% |
| 2001 | 3.84 % change on previous year | +186.1% |
| 2002 | 3.42 % change on previous year | -10.9% |
| 2003 | 3.23 % change on previous year | -5.7% |
| 2004 | 6.68 % change on previous year | +107.0% |
| 2005 | 2.69 % change on previous year | -59.8% |
| 2006 | 1.55 % change on previous year | -42.3% |
| 2007 | 9.31 % change on previous year | +500.8% |
| 2008 | 9.07 % change on previous year | -2.6% |
| 2009 | 10.23 % change on previous year | +12.8% |
| 2010 | 7.98 % change on previous year | -22.1% |
| 2011 | 0.8673 % change on previous year | -89.1% |
| 2012 | 2.56 % change on previous year | +195.7% |
| 2013 | 3.83 % change on previous year | +49.2% |
| 2014 | 2.48 % change on previous year | -35.1% |
| 2015 | 0.4623 % change on previous year | -81.4% |
| 2016 | 1.55 % change on previous year | +236.3% |
| 2017 | 0.903 % change on previous year | -41.9% |
| 2018 | -1.88 % change on previous year | -308.7% |
| 2019 | -6.91 % change on previous year | +266.9% |
| 2020 | -24.6 % change on previous year | +255.7% |
| 2021 | 2.02 % change on previous year | -108.2% |
| 2022 | 1 % change on previous year | -50.4% |
| 2023 | -0.7 % change on previous year | -170.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.15 % change on previous year | -0.5256 % change on previous year | 16.44 % change on previous year | 8 |
| 2000s | 5.14 % change on previous year | 1.34 % change on previous year | 10.23 % change on previous year | 10 |
| 2010s | 1.18 % change on previous year | -6.91 % change on previous year | 7.98 % change on previous year | 10 |
| 2020s | -5.57 % change on previous year | -24.6 % change on previous year | 2.02 % change on previous year | 4 |
Countries ranked near Lebanon
- 183 Italy 0.568 % change on previous year compare
- 184 Haiti 0.4801 % change on previous year compare
- 185 New Caledonia -0.3292 % change on previous year compare
- 187 United States Virgin Islands -1.15 % change on previous year compare
- 188 Syrian Arab Republic -2.2 % change on previous year compare
- 189 Sudan -2.5 % change on previous year 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 millions constant 2021 international $ in Lebanon?
- Gross domestic product, gdp in millions constant 2021 international $ in Lebanon was -0.7 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Lebanon?
- The highest recorded value was 16.44 % change on previous year in 1992.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Lebanon?
- The lowest recorded value was -24.6 % change on previous year in 2020.
- How does Lebanon rank for gross domestic product, gdp in millions constant 2021 international $?
- Lebanon ranks 186th out of 189 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Lebanon?
- Over the last ten years it is down 118.3%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.