Gross domestic savings in Lebanon
Lebanon: Gross domestic savings was -34.2% in 2024. ◆ Volatile
Gross domestic savings in Lebanon, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross domestic savings in Lebanon stood at -34.2%.
That represents a change of up 17.1% on the previous year and down 365.5% over ten years.
Over the whole period, gross domestic savings in Lebanon peaked at 3.5% in 2005 and was at its lowest, -44.0%, in 2022.
Lebanon ranks 184th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Lebanon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -35.7% | — |
| 1991 | -19.3% | -46.0% |
| 1992 | -31.9% | +65.2% |
| 1993 | -27.0% | -15.4% |
| 1994 | -17.9% | -33.7% |
| 1995 | -15.1% | -15.7% |
| 1996 | -7.6% | -49.5% |
| 1997 | -3.8% | -50.0% |
| 1998 | 1.2% | -131.9% |
| 1999 | 0.1% | -88.0% |
| 2000 | -1.3% | -1030.9% |
| 2001 | -1.5% | +13.7% |
| 2002 | -0.1% | -93.7% |
| 2003 | -1.5% | +1402.0% |
| 2004 | 2.2% | -251.3% |
| 2005 | 3.5% | +56.5% |
| 2006 | 0.7% | -80.9% |
| 2007 | 0.6% | -9.2% |
| 2008 | -1.5% | -357.4% |
| 2009 | 2.9% | -289.5% |
| 2010 | -0.1% | -103.9% |
| 2011 | -2.6% | +2169.0% |
| 2012 | -6.1% | +139.2% |
| 2013 | -5.3% | -14.2% |
| 2014 | -7.3% | +39.3% |
| 2015 | -3.3% | -54.5% |
| 2016 | -1.1% | -66.2% |
| 2017 | -2.8% | +149.3% |
| 2018 | -4.3% | +51.4% |
| 2019 | -9.3% | +117.4% |
| 2020 | -9.3% | +0.3% |
| 2021 | -21.4% | +130.6% |
| 2022 | -44.0% | +105.5% |
| 2023 | -41.2% | -6.4% |
| 2024 | -34.2% | -17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -15.7% | -35.7% | 1.2% | 10 |
| 2000s | 0.4% | -1.5% | 3.5% | 10 |
| 2010s | -4.2% | -9.3% | -0.1% | 10 |
| 2020s | -30.0% | -44.0% | -9.3% | 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)
- Total reserves minus gold (current US$), annual growth rate 9.09 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.3558 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 1,592 current US$ per person (2024)
- General government final consumption expenditure (current US$) 22.65 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.049 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 219.26 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 27.9 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 4,387 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic savings in Lebanon?
- Gross domestic savings in Lebanon was -34.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Lebanon?
- The highest recorded value was 3.5% in 2005.
- What is the lowest gross domestic savings recorded in Lebanon?
- The lowest recorded value was -44.0% in 2022.
- How does Lebanon rank for gross domestic savings?
- Lebanon ranks 184th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Lebanon?
- Over the last ten years it is down 365.5%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.