Gross Domestic Product — Value US$, 2015 prices in Lebanon
Lebanon: Gross Domestic Product — Value US$, 2015 prices was 33,404 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Lebanon, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Lebanon is 33,404 million USD, measured in 2024.
Compared with earlier readings it is down 7.5% on the previous year and down 32.8% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Lebanon peaked at 51,172 million USD in 2017 and was at its lowest, 8,467 million USD, in 1976.
That places Lebanon 98th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Lebanon, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 21,505 million USD | — |
| 1971 | 23,489 million USD | +9.2% |
| 1972 | 26,344 million USD | +12.2% |
| 1973 | 27,586 million USD | +4.7% |
| 1974 | 28,249 million USD | +2.4% |
| 1975 | 19,688 million USD | -30.3% |
| 1976 | 8,467 million USD | -57.0% |
| 1977 | 15,519 million USD | +83.3% |
| 1978 | 15,045 million USD | -3.0% |
| 1979 | 16,461 million USD | +9.4% |
| 1980 | 17,030 million USD | +3.5% |
| 1981 | 17,123 million USD | +0.5% |
| 1982 | 10,824 million USD | -36.8% |
| 1983 | 13,282 million USD | +22.7% |
| 1984 | 19,190 million USD | +44.5% |
| 1985 | 23,853 million USD | +24.3% |
| 1986 | 22,237 million USD | -6.8% |
| 1987 | 25,957 million USD | +16.7% |
| 1988 | 18,635 million USD | -28.2% |
| 1989 | 10,724 million USD | -42.5% |
| 1990 | 13,570 million USD | +26.5% |
| 1991 | 18,753 million USD | +38.2% |
| 1992 | 19,597 million USD | +4.5% |
| 1993 | 20,969 million USD | +7.0% |
| 1994 | 22,647 million USD | +8.0% |
| 1995 | 24,127 million USD | +6.5% |
| 1996 | 25,366 million USD | +5.1% |
| 1997 | 24,786 million USD | -2.3% |
| 1998 | 25,677 million USD | +3.6% |
| 1999 | 25,560 million USD | -0.5% |
| 2000 | 25,904 million USD | +1.3% |
| 2001 | 26,907 million USD | +3.9% |
| 2002 | 27,826 million USD | +3.4% |
| 2003 | 28,722 million USD | +3.2% |
| 2004 | 30,531 million USD | +6.3% |
| 2005 | 31,351 million USD | +2.7% |
| 2006 | 31,837 million USD | +1.5% |
| 2007 | 34,801 million USD | +9.3% |
| 2008 | 37,957 million USD | +9.1% |
| 2009 | 41,841 million USD | +10.2% |
| 2010 | 45,178 million USD | +8.0% |
| 2011 | 45,570 million USD | +0.9% |
| 2012 | 46,727 million USD | +2.5% |
| 2013 | 48,508 million USD | +3.8% |
| 2014 | 49,704 million USD | +2.5% |
| 2015 | 49,929 million USD | +0.5% |
| 2016 | 50,710 million USD | +1.6% |
| 2017 | 51,172 million USD | +0.9% |
| 2018 | 50,224 million USD | -1.9% |
| 2019 | 46,808 million USD | -6.8% |
| 2020 | 35,295 million USD | -24.6% |
| 2021 | 36,007 million USD | +2.0% |
| 2022 | 36,367 million USD | +1.0% |
| 2023 | 36,112 million USD | -0.7% |
| 2024 | 33,404 million USD | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20,235 million USD | 8,467 million USD | 28,249 million USD | 10 |
| 1980s | 17,886 million USD | 10,724 million USD | 25,957 million USD | 10 |
| 1990s | 22,105 million USD | 13,570 million USD | 25,677 million USD | 10 |
| 2000s | 31,768 million USD | 25,904 million USD | 41,841 million USD | 10 |
| 2010s | 48,453 million USD | 45,178 million USD | 51,172 million USD | 10 |
| 2020s | 35,437 million USD | 33,404 million USD | 36,367 million USD | 5 |
Countries ranked near Lebanon
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)
- Services, value added (current US$), annual growth rate 9.05 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.3573 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,598 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 13.71 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 31,976 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 143.04 million current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate -7.14 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.9682 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Lebanon?
- Gross domestic product — value us$, 2015 prices in Lebanon was 33,404 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Lebanon?
- The highest recorded value was 51,172 million USD in 2017.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Lebanon?
- The lowest recorded value was 8,467 million USD in 1976.
- How does Lebanon rank for gross domestic product — value us$, 2015 prices?
- Lebanon ranks 98th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Lebanon?
- Over the last ten years it is down 32.8%. The long-run trend across the full record is rising.
- 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).