Gross Domestic Product — Value Standard Local Currency in Lebanon
Lebanon: Gross Domestic Product — Value Standard Local Currency was 2.58 billion million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Lebanon, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency in Lebanon stood at 2.58 billion million SLC. That is the highest value across all 55 years on record.
The figure is up 23.2% on the previous year and up 3,451.6% over ten years.
Over the whole period, gross domestic product — value standard local currency in Lebanon peaked at 2.58 billion million SLC in 2024 and was at its lowest, 5,480 million SLC, in 1976.
That places Lebanon 4th out of 218 countries with data for 2024, putting it 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 in Lebanon, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 6,504 million SLC | — |
| 1971 | 7,216 million SLC | +11.0% |
| 1972 | 8,507 million SLC | +17.9% |
| 1973 | 9,494 million SLC | +11.6% |
| 1974 | 10,876 million SLC | +14.6% |
| 1975 | 10,024 million SLC | -7.8% |
| 1976 | 5,480 million SLC | -45.3% |
| 1977 | 10,963 million SLC | +100.0% |
| 1978 | 11,763 million SLC | +7.3% |
| 1979 | 14,906 million SLC | +26.7% |
| 1980 | 18,717 million SLC | +25.6% |
| 1981 | 22,460 million SLC | +20.0% |
| 1982 | 16,844 million SLC | -25.0% |
| 1983 | 17,039 million SLC | +1.2% |
| 1984 | 17,209 million SLC | +1.0% |
| 1985 | 37,356 million SLC | +117.1% |
| 1986 | 107,765 million SLC | +188.5% |
| 1987 | 489,680 million SLC | +354.4% |
| 1988 | 1.42 million million SLC | +190.6% |
| 1989 | 1.42 million million SLC | -0.4% |
| 1990 | 2.05 million million SLC | +44.8% |
| 1991 | 4.04 million million SLC | +97.2% |
| 1992 | 9.82 million million SLC | +142.9% |
| 1993 | 13.77 million million SLC | +40.2% |
| 1994 | 15.73 million million SLC | +14.2% |
| 1995 | 18.66 million million SLC | +18.6% |
| 1996 | 21.42 million million SLC | +14.8% |
| 1997 | 24.01 million million SLC | +12.1% |
| 1998 | 25.64 million million SLC | +6.8% |
| 1999 | 25.65 million million SLC | +0.0% |
| 2000 | 25.14 million million SLC | -2.0% |
| 2001 | 25.73 million million SLC | +2.3% |
| 2002 | 28.21 million million SLC | +9.7% |
| 2003 | 29.85 million million SLC | +5.8% |
| 2004 | 31.90 million million SLC | +6.9% |
| 2005 | 32.41 million million SLC | +1.6% |
| 2006 | 33.20 million million SLC | +2.4% |
| 2007 | 37.43 million million SLC | +12.7% |
| 2008 | 43.90 million million SLC | +17.3% |
| 2009 | 53.36 million million SLC | +21.6% |
| 2010 | 57.95 million million SLC | +8.6% |
| 2011 | 60.19 million million SLC | +3.9% |
| 2012 | 66.36 million million SLC | +10.2% |
| 2013 | 70.67 million million SLC | +6.5% |
| 2014 | 72.50 million million SLC | +2.6% |
| 2015 | 75.27 million million SLC | +3.8% |
| 2016 | 77.11 million million SLC | +2.4% |
| 2017 | 79.94 million million SLC | +3.7% |
| 2018 | 82.76 million million SLC | +3.5% |
| 2019 | 80.27 million million SLC | -3.0% |
| 2020 | 96.91 million million SLC | +20.7% |
| 2021 | 245.57 million million SLC | +153.4% |
| 2022 | 655.21 million million SLC | +166.8% |
| 2023 | 2.09 billion million SLC | +219.1% |
| 2024 | 2.58 billion million SLC | +23.2% |
Lebanon compared with similar countries
- Lebanon's 2.58 billion million SLC is above the median for lower middle income countries, which is 1.54 million million SLC, 1677.2× the median. (43 countries reporting)
- Lebanon's 2.58 billion million SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 million million SLC, 1677.2× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 1987 | +354.4% | 107,765 million SLC | 489,680 million SLC |
| 2023 | +219.1% | 655.21 million million SLC | 2.09 billion million SLC |
| 1988 | +190.6% | 489,680 million SLC | 1.42 million million SLC |
| 1986 | +188.5% | 37,356 million SLC | 107,765 million SLC |
| 2022 | +166.8% | 245.57 million million SLC | 655.21 million million SLC |
| 2021 | +153.4% | 96.91 million million SLC | 245.57 million million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,573 million SLC | 5,480 million SLC | 14,906 million SLC | 10 |
| 1980s | 356,651 million SLC | 16,844 million SLC | 1.42 million million SLC | 10 |
| 1990s | 16.08 million million SLC | 2.05 million million SLC | 25.65 million million SLC | 10 |
| 2000s | 34.11 million million SLC | 25.14 million million SLC | 53.36 million million SLC | 10 |
| 2010s | 72.30 million million SLC | 57.95 million million SLC | 82.76 million million SLC | 10 |
| 2020s | 1.13 billion million SLC | 96.91 million million SLC | 2.58 billion million SLC | 5 |
Countries ranked near Lebanon
- 1 Iran (Islamic Republic of) 197.86 billion million SLC compare
- 2 Indonesia 22.14 billion million SLC compare
- 3 Viet Nam 11.40 billion million SLC compare
- 5 Republic of Korea 2.55 billion million SLC compare
- 6 Colombia 1.69 billion million SLC compare
- 7 Uzbekistan 1.29 billion million SLC 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 — value standard local currency in Lebanon?
- Gross domestic product — value standard local currency in Lebanon was 2.58 billion million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Lebanon?
- The highest recorded value was 2.58 billion million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Lebanon?
- The lowest recorded value was 5,480 million SLC in 1976.
- How does Lebanon rank for gross domestic product — value standard local currency?
- Lebanon ranks 4th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Lebanon?
- Over the last ten years it is up 3,451.6%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).