Gross savings in Lebanon
Lebanon: Gross savings was -2.52 billion current US$ in 2023. ◆ Volatile
Gross savings in Lebanon, 2002–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, gross savings in Lebanon stood at -2.52 billion current US$.
The figure is up 44.9% on the previous year and down 131.7% over ten years.
Over the whole period, gross savings in Lebanon peaked at 3.66 billion current US$ in 2007 and was at its lowest, -4.57 billion current US$, in 2022.
That places Lebanon 178th out of 178 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Lebanon, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | -811.29 million current US$ | — |
| 2003 | -3.29 billion current US$ | +305.0% |
| 2004 | 1.37 billion current US$ | -141.6% |
| 2005 | 1.61 billion current US$ | +17.4% |
| 2006 | 2.26 billion current US$ | +41.0% |
| 2007 | 3.66 billion current US$ | +61.7% |
| 2008 | 2.35 billion current US$ | -36.0% |
| 2009 | 2.64 billion current US$ | +12.5% |
| 2010 | 1.90 billion current US$ | -28.1% |
| 2011 | 1.08 billion current US$ | -43.1% |
| 2012 | -1.11 billion current US$ | -203.2% |
| 2013 | -1.09 billion current US$ | -2.3% |
| 2014 | -1.75 billion current US$ | +60.6% |
| 2015 | 1.22 billion current US$ | -169.8% |
| 2016 | 1.06 billion current US$ | -13.4% |
| 2017 | -495.73 million current US$ | -147.0% |
| 2018 | -2.09 billion current US$ | +320.7% |
| 2019 | -3.10 billion current US$ | +48.8% |
| 2020 | 708.91 million current US$ | -122.8% |
| 2021 | -1.53 billion current US$ | -315.5% |
| 2022 | -4.57 billion current US$ | +199.3% |
| 2023 | -2.52 billion current US$ | -44.9% |
Lebanon compared with similar countries
- Lebanon's -2.52 billion current US$ is below the median for lower middle income countries, which is 4.69 billion current US$. (45 countries reporting)
- Lebanon's -2.52 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.69 billion current US$. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.22 billion current US$ | -3.29 billion current US$ | 3.66 billion current US$ | 8 |
| 2010s | -438.23 million current US$ | -3.10 billion current US$ | 1.90 billion current US$ | 10 |
| 2020s | -1.98 billion current US$ | -4.57 billion current US$ | 708.91 million current US$ | 4 |
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)
- 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Lebanon?
- Gross savings in Lebanon was -2.52 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Lebanon?
- The highest recorded value was 3.66 billion current US$ in 2007.
- What is the lowest gross savings recorded in Lebanon?
- The lowest recorded value was -4.57 billion current US$ in 2022.
- How does Lebanon rank for gross savings?
- Lebanon ranks 178th out of 178 countries with data for 2023.
- Is gross savings rising or falling in Lebanon?
- Over the last ten years it is down 131.7%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.