Gross Domestic Product — Value Standard Local Currency, annual growth in Lebanon

Lebanon: Gross Domestic Product — Value Standard Local Currency, annual growth was 23.16 % change on previous year in 2024. ◆ Volatile

Latest (2024)
23.16 % change on previous year
Change on year
down 89.4%
World rank
18th
of 218 countries
All-time high
354.4 % change on previous year
in 1987
All-time low
-45.33 % change on previous year
in 1976
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in Lebanon, 1971–2024

0100200300400197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product — value standard local currency, annual growth in Lebanon is 23.16 % change on previous year, measured in 2024.

That represents a change of down 89.4% on the previous year and up 793.7% over ten years.

Over the whole period, gross domestic product — value standard local currency, annual growth in Lebanon peaked at 354.4 % change on previous year in 1987 and was at its lowest, -45.33 % change on previous year, in 1976.

Lebanon ranks 18th of 218 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value Standard Local Currency, annual growth in Lebanon, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in Lebanon, 1971 to 2024.
Year % change on previous year Change
1971 10.95 % change on previous year
1972 17.89 % change on previous year +63.3%
1973 11.59 % change on previous year -35.2%
1974 14.56 % change on previous year +25.6%
1975 -7.83 % change on previous year -153.8%
1976 -45.33 % change on previous year +479.1%
1977 100.05 % change on previous year -320.7%
1978 7.3 % change on previous year -92.7%
1979 26.72 % change on previous year +265.8%
1980 25.56 % change on previous year -4.3%
1981 20 % change on previous year -21.8%
1982 -25.01 % change on previous year -225.0%
1983 1.16 % change on previous year -104.6%
1984 0.9977 % change on previous year -13.9%
1985 117.07 % change on previous year +11634.0%
1986 188.48 % change on previous year +61.0%
1987 354.4 % change on previous year +88.0%
1988 190.57 % change on previous year -46.2%
1989 -0.4428 % change on previous year -100.2%
1990 44.76 % change on previous year -10209.5%
1991 97.16 % change on previous year +117.1%
1992 142.92 % change on previous year +47.1%
1993 40.23 % change on previous year -71.9%
1994 14.22 % change on previous year -64.6%
1995 18.59 % change on previous year +30.7%
1996 14.83 % change on previous year -20.2%
1997 12.07 % change on previous year -18.6%
1998 6.79 % change on previous year -43.7%
1999 0.0351 % change on previous year -99.5%
2000 -1.97 % change on previous year -5698.0%
2001 2.32 % change on previous year -218.0%
2002 9.65 % change on previous year +316.2%
2003 5.82 % change on previous year -39.7%
2004 6.86 % change on previous year +17.8%
2005 1.6 % change on previous year -76.7%
2006 2.44 % change on previous year +53.2%
2007 12.74 % change on previous year +421.1%
2008 17.29 % change on previous year +35.7%
2009 21.57 % change on previous year +24.8%
2010 8.6 % change on previous year -60.1%
2011 3.86 % change on previous year -55.1%
2012 10.24 % change on previous year +165.5%
2013 6.51 % change on previous year -36.5%
2014 2.59 % change on previous year -60.2%
2015 3.81 % change on previous year +47.1%
2016 2.45 % change on previous year -35.9%
2017 3.68 % change on previous year +50.3%
2018 3.52 % change on previous year -4.1%
2019 -3.01 % change on previous year -185.3%
2020 20.72 % change on previous year -789.4%
2021 153.41 % change on previous year +640.4%
2022 166.81 % change on previous year +8.7%
2023 219.09 % change on previous year +31.3%
2024 23.16 % change on previous year -89.4%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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.

YearChange FromTo
1985 +11634.0% 0.9977 % change on previous year 117.07 % change on previous year
1990 +10209.5% -0.4428 % change on previous year 44.76 % change on previous year
2000 -5698.0% 0.0351 % change on previous year -1.97 % change on previous year
2020 +789.4% -3.01 % change on previous year 20.72 % change on previous year
2021 +640.4% 20.72 % change on previous year 153.41 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.1 % change on previous year -45.33 % change on previous year 100.05 % change on previous year 9
1980s 87.28 % change on previous year -25.01 % change on previous year 354.4 % change on previous year 10
1990s 39.16 % change on previous year 0.0351 % change on previous year 142.92 % change on previous year 10
2000s 7.83 % change on previous year -1.97 % change on previous year 21.57 % change on previous year 10
2010s 4.23 % change on previous year -3.01 % change on previous year 10.24 % change on previous year 10
2020s 116.64 % change on previous year 20.72 % change on previous year 219.09 % change on previous year 5

Countries ranked near Lebanon

  1. 15 Pakistan 25.81 % change on previous year compare
  2. 16 Sierra Leone 24.8 % change on previous year compare
  3. 17 Zambia 23.58 % change on previous year compare
  4. 19 Suriname 23.1 % change on previous year compare
  5. 20 Democratic Republic of the Congo 21.94 % change on previous year compare
  6. 21 Sudan (former) 21.92 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for Lebanon

All data for Lebanon →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in Lebanon?
Gross domestic product — value standard local currency, annual growth in Lebanon was 23.16 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in Lebanon?
The highest recorded value was 354.4 % change on previous year in 1987.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in Lebanon?
The lowest recorded value was -45.33 % change on previous year in 1976.
How does Lebanon rank for gross domestic product — value standard local currency, annual growth?
Lebanon ranks 18th out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth rising or falling in Lebanon?
Over the last ten years it is up 793.7%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in Lebanon. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/lebanon/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.