Gross Domestic Product, GDP in millions constant 2021 international $ in Lebanon
Lebanon: Gross Domestic Product, GDP in millions constant 2021 international $ was 70,005 in 2023. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Lebanon, 1991–2023
Source: International Labour Organization.
Analysis
In 2023, gross domestic product, gdp in millions constant 2021 international $ in Lebanon stood at 70,005.
The figure is down 0.7% on the previous year and down 25.7% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Lebanon peaked at 99,354 in 2017 and was at its lowest, 28,721, in 1991.
Lebanon ranks 118th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Lebanon, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 28,721 | — |
| 1992 | 33,442 | +16.4% |
| 1993 | 37,042 | +10.8% |
| 1994 | 40,045 | +8.1% |
| 1995 | 42,627 | +6.4% |
| 1996 | 47,438 | +11.3% |
| 1997 | 47,938 | +1.1% |
| 1998 | 49,696 | +3.7% |
| 1999 | 49,435 | -0.5% |
| 2000 | 50,098 | +1.3% |
| 2001 | 52,022 | +3.8% |
| 2002 | 53,802 | +3.4% |
| 2003 | 55,539 | +3.2% |
| 2004 | 59,248 | +6.7% |
| 2005 | 60,840 | +2.7% |
| 2006 | 61,782 | +1.5% |
| 2007 | 67,535 | +9.3% |
| 2008 | 73,659 | +9.1% |
| 2009 | 81,196 | +10.2% |
| 2010 | 87,672 | +8.0% |
| 2011 | 88,432 | +0.9% |
| 2012 | 90,700 | +2.6% |
| 2013 | 94,172 | +3.8% |
| 2014 | 96,512 | +2.5% |
| 2015 | 96,958 | +0.5% |
| 2016 | 98,465 | +1.6% |
| 2017 | 99,354 | +0.9% |
| 2018 | 97,482 | -1.9% |
| 2019 | 90,741 | -6.9% |
| 2020 | 68,421 | -24.6% |
| 2021 | 69,801 | +2.0% |
| 2022 | 70,499 | +1.0% |
| 2023 | 70,005 | -0.7% |
Lebanon compared with similar countries
- Lebanon's 70,005 is below the median for lower middle income countries, which is 75,074, 93% of the median. (46 countries reporting)
- Lebanon's 70,005 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 214,891, 33% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41,820 | 28,721 | 49,696 | 9 |
| 2000s | 61,572 | 50,098 | 81,196 | 10 |
| 2010s | 94,049 | 87,672 | 99,354 | 10 |
| 2020s | 69,681 | 68,421 | 70,499 | 4 |
Countries ranked near Lebanon
- 115 Lao People's Democratic Republic 71,386 compare
- 116 Armenia 70,674 compare
- 117 Bosnia and Herzegovina 70,360 compare
- 119 Mongolia 69,690 compare
- 120 Benin 68,668 compare
- 121 Burkina Faso 68,429 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 70,005 in 2023, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Lebanon?
- The highest recorded value was 99,354 in 2017.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Lebanon?
- The lowest recorded value was 28,721 in 1991.
- How does Lebanon rank for gross domestic product, gdp in millions constant 2021 international $?
- Lebanon ranks 118th out of 188 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 25.7%. The long-run trend across the full record is rising.
- Where does this Lebanon data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.