Gross value added at basic prices (GVA) (constant 2015 US$) in Lebanon
Lebanon: Gross value added at basic prices (GVA) (constant 2015 US$) was 32.00 billion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Lebanon recorded 32.00 billion constant 2015 US$ for gross value added at basic prices (gva) in 2024.
That represents a change of down 7.1% on the previous year and down 31.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Lebanon peaked at 47.47 billion constant 2015 US$ in 2017 and was at its lowest, 9.01 billion constant 2015 US$, in 1989.
That places Lebanon 97th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Lebanon, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1989 | 9.01 billion constant 2015 US$ | — |
| 1990 | 10.88 billion constant 2015 US$ | +20.7% |
| 1991 | 14.38 billion constant 2015 US$ | +32.1% |
| 1992 | 16.62 billion constant 2015 US$ | +15.6% |
| 1993 | 18.25 billion constant 2015 US$ | +9.8% |
| 1994 | 19.72 billion constant 2015 US$ | +8.0% |
| 1995 | 20.64 billion constant 2015 US$ | +4.7% |
| 1996 | 23.04 billion constant 2015 US$ | +11.6% |
| 1997 | 23.25 billion constant 2015 US$ | +0.9% |
| 1998 | 23.71 billion constant 2015 US$ | +2.0% |
| 1999 | 23.15 billion constant 2015 US$ | -2.3% |
| 2000 | 23.80 billion constant 2015 US$ | +2.8% |
| 2001 | 24.71 billion constant 2015 US$ | +3.8% |
| 2002 | 24.75 billion constant 2015 US$ | +0.2% |
| 2003 | 25.09 billion constant 2015 US$ | +1.4% |
| 2004 | 29.44 billion constant 2015 US$ | +17.3% |
| 2005 | 30.46 billion constant 2015 US$ | +3.5% |
| 2006 | 31.07 billion constant 2015 US$ | +2.0% |
| 2007 | 33.57 billion constant 2015 US$ | +8.1% |
| 2008 | 36.04 billion constant 2015 US$ | +7.4% |
| 2009 | 39.21 billion constant 2015 US$ | +8.8% |
| 2010 | 42.43 billion constant 2015 US$ | +8.2% |
| 2011 | 43.07 billion constant 2015 US$ | +1.5% |
| 2012 | 43.67 billion constant 2015 US$ | +1.4% |
| 2013 | 45.31 billion constant 2015 US$ | +3.8% |
| 2014 | 46.51 billion constant 2015 US$ | +2.6% |
| 2015 | 46.33 billion constant 2015 US$ | -0.4% |
| 2016 | 46.99 billion constant 2015 US$ | +1.4% |
| 2017 | 47.47 billion constant 2015 US$ | +1.0% |
| 2018 | 46.67 billion constant 2015 US$ | -1.7% |
| 2019 | 43.83 billion constant 2015 US$ | -6.1% |
| 2020 | 36.88 billion constant 2015 US$ | -15.9% |
| 2021 | 34.93 billion constant 2015 US$ | -5.3% |
| 2022 | 34.72 billion constant 2015 US$ | -0.6% |
| 2023 | 34.43 billion constant 2015 US$ | -0.8% |
| 2024 | 32.00 billion constant 2015 US$ | -7.1% |
Lebanon compared with similar countries
- Lebanon's 32.00 billion constant 2015 US$ is above the median for lower middle income countries, which is 25.04 billion constant 2015 US$, 1.3× the median. (46 countries reporting)
- Lebanon's 32.00 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 96.66 billion constant 2015 US$, 33% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (constant 2015 US$) 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 |
|---|---|---|---|
| 1991 | +32.1% | 10.88 billion constant 2015 US$ | 14.38 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.01 billion constant 2015 US$ | 9.01 billion constant 2015 US$ | 9.01 billion constant 2015 US$ | 1 |
| 1990s | 19.36 billion constant 2015 US$ | 10.88 billion constant 2015 US$ | 23.71 billion constant 2015 US$ | 10 |
| 2000s | 29.81 billion constant 2015 US$ | 23.80 billion constant 2015 US$ | 39.21 billion constant 2015 US$ | 10 |
| 2010s | 45.23 billion constant 2015 US$ | 42.43 billion constant 2015 US$ | 47.47 billion constant 2015 US$ | 10 |
| 2020s | 34.59 billion constant 2015 US$ | 32.00 billion constant 2015 US$ | 36.88 billion constant 2015 US$ | 5 |
Countries ranked near Lebanon
- 94 Cambodia 38.08 billion constant 2015 US$ compare
- 95 Yemen 35.32 billion constant 2015 US$ compare
- 96 Nepal 32.12 billion constant 2015 US$ compare
- 98 Guyana 31.47 billion constant 2015 US$ compare
- 99 Sudan 30.07 billion constant 2015 US$ compare
- 100 Bolivia 29.61 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate -18.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 1.42 units per person (2025)
- SDRs holdings, SDR, annual growth rate -22.54 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 1.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0255 units per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Lebanon?
- Gross value added at basic prices (gva) in Lebanon was 32.00 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Lebanon?
- The highest recorded value was 47.47 billion constant 2015 US$ in 2017.
- What is the lowest gross value added at basic prices (gva) recorded in Lebanon?
- The lowest recorded value was 9.01 billion constant 2015 US$ in 1989.
- How does Lebanon rank for gross value added at basic prices (gva)?
- Lebanon ranks 97th out of 194 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Lebanon?
- Over the last ten years it is down 31.2%. The long-run trend across the full record is rising.
- 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 value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.