Gross Domestic Product — Value US$ in Lebanon
Lebanon: Gross Domestic Product — Value US$ was 28,771 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Lebanon, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Lebanon stood at 28,771 million USD.
The figure is up 4.8% on the previous year and down 40.2% over ten years.
Over the whole period, gross domestic product — value us$ in Lebanon peaked at 54,899 million USD in 2018 and was at its lowest, 1,908 million USD, in 1976.
Lebanon ranks 108th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Lebanon, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,990 million USD | — |
| 1971 | 2,236 million USD | +12.4% |
| 1972 | 2,789 million USD | +24.7% |
| 1973 | 3,637 million USD | +30.4% |
| 1974 | 4,672 million USD | +28.5% |
| 1975 | 4,355 million USD | -6.8% |
| 1976 | 1,908 million USD | -56.2% |
| 1977 | 3,572 million USD | +87.2% |
| 1978 | 3,980 million USD | +11.4% |
| 1979 | 4,597 million USD | +15.5% |
| 1980 | 5,447 million USD | +18.5% |
| 1981 | 5,206 million USD | -4.4% |
| 1982 | 3,551 million USD | -31.8% |
| 1983 | 3,763 million USD | +6.0% |
| 1984 | 2,643 million USD | -29.8% |
| 1985 | 2,275 million USD | -13.9% |
| 1986 | 2,809 million USD | +23.4% |
| 1987 | 2,180 million USD | -22.4% |
| 1988 | 3,477 million USD | +59.5% |
| 1989 | 2,852 million USD | -18.0% |
| 1990 | 2,950 million USD | +3.4% |
| 1991 | 4,356 million USD | +47.6% |
| 1992 | 5,734 million USD | +31.6% |
| 1993 | 7,909 million USD | +37.9% |
| 1994 | 9,364 million USD | +18.4% |
| 1995 | 11,506 million USD | +22.9% |
| 1996 | 13,632 million USD | +18.5% |
| 1997 | 15,595 million USD | +14.4% |
| 1998 | 16,910 million USD | +8.4% |
| 1999 | 17,013 million USD | +0.6% |
| 2000 | 16,678 million USD | -2.0% |
| 2001 | 17,065 million USD | +2.3% |
| 2002 | 18,712 million USD | +9.7% |
| 2003 | 19,802 million USD | +5.8% |
| 2004 | 21,160 million USD | +6.9% |
| 2005 | 21,497 million USD | +1.6% |
| 2006 | 22,023 million USD | +2.4% |
| 2007 | 24,827 million USD | +12.7% |
| 2008 | 29,119 million USD | +17.3% |
| 2009 | 35,400 million USD | +21.6% |
| 2010 | 38,444 million USD | +8.6% |
| 2011 | 39,927 million USD | +3.9% |
| 2012 | 44,017 million USD | +10.2% |
| 2013 | 46,880 million USD | +6.5% |
| 2014 | 48,095 million USD | +2.6% |
| 2015 | 49,929 million USD | +3.8% |
| 2016 | 51,150 million USD | +2.4% |
| 2017 | 53,030 million USD | +3.7% |
| 2018 | 54,899 million USD | +3.5% |
| 2019 | 53,249 million USD | -3.0% |
| 2020 | 23,129 million USD | -56.6% |
| 2021 | 24,673 million USD | +6.7% |
| 2022 | 26,696 million USD | +8.2% |
| 2023 | 27,464 million USD | +2.9% |
| 2024 | 28,771 million USD | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,374 million USD | 1,908 million USD | 4,672 million USD | 10 |
| 1980s | 3,420 million USD | 2,180 million USD | 5,447 million USD | 10 |
| 1990s | 10,497 million USD | 2,950 million USD | 17,013 million USD | 10 |
| 2000s | 22,628 million USD | 16,678 million USD | 35,400 million USD | 10 |
| 2010s | 47,962 million USD | 38,444 million USD | 54,899 million USD | 10 |
| 2020s | 26,147 million USD | 23,129 million USD | 28,771 million USD | 5 |
Countries ranked near Lebanon
- 105 Iceland 33,328 million USD compare
- 106 Papua New Guinea 32,546 million USD compare
- 107 Senegal 31,964 million USD compare
- 109 Bosnia and Herzegovina 28,264 million USD compare
- 110 Albania 26,512 million USD compare
- 111 Trinidad and Tobago 26,425 million USD 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)
- Gross domestic savings (current US$), annual growth rate -7.21 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.3415 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita -1,528 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -11.8 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP -30,568 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita -136.74 million current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate -3.47 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.7957 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Lebanon?
- Gross domestic product — value us$ in Lebanon was 28,771 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Lebanon?
- The highest recorded value was 54,899 million USD in 2018.
- What is the lowest gross domestic product — value us$ recorded in Lebanon?
- The lowest recorded value was 1,908 million USD in 1976.
- How does Lebanon rank for gross domestic product — value us$?
- Lebanon ranks 108th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Lebanon?
- Over the last ten years it is down 40.2%. 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 US$. 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).