Gross value added at basic prices (GVA) (constant LCU), annual growth in Lebanon

Lebanon: Gross value added at basic prices (GVA) (constant LCU), annual growth was -7.07 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-7.07 % change on previous year
Change on year
down 754.6%
World rank
194th
of 195 countries
All-time high
32.14 % change on previous year
in 1991
All-time low
-15.86 % change on previous year
in 2020
Years of data
35
1990–2024

Gross value added at basic prices (GVA) (constant LCU), annual growth in Lebanon, 1990–2024

-20-1001020301990200720241990: 20.7 % change on previous year1991: 32.1 % change on previous year1992: 15.6 % change on previous year1993: 9.8 % change on previous year1994: 8 % change on previous year1995: 4.7 % change on previous year1996: 11.6 % change on previous year1997: 0.904 % change on previous year1998: 2 % change on previous year1999: -2.3 % change on previous year2000: 2.8 % change on previous year2001: 3.8 % change on previous year2002: 0.176 % change on previous year2003: 1.4 % change on previous year2004: 17.3 % change on previous year2005: 3.5 % change on previous year2006: 2 % change on previous year2007: 8.1 % change on previous year2008: 7.4 % change on previous year2009: 8.8 % change on previous year2010: 8.2 % change on previous year2011: 1.5 % change on previous year2012: 1.4 % change on previous year2013: 3.8 % change on previous year2014: 2.6 % change on previous year2015: -0.377 % change on previous year2016: 1.4 % change on previous year2017: 1 % change on previous year2018: -1.7 % change on previous year2019: -6.1 % change on previous year2020: -15.9 % change on previous year2021: -5.3 % change on previous year2022: -0.611 % change on previous year2023: -0.827 % change on previous year2024: -7.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Lebanon recorded -7.07 % change on previous year for gross value added at basic prices (gva) (constant lcu), annual growth in 2024.

The figure is down 754.6% on the previous year and down 367.1% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Lebanon peaked at 32.14 % change on previous year in 1991 and was at its lowest, -15.86 % change on previous year, in 2020.

Lebanon ranks 194th of 195 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 value added at basic prices (GVA) (constant LCU), annual growth in Lebanon, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), annual growth rate in Lebanon, 1990 to 2024.
Year % change on previous year Change
1990 20.73 % change on previous year
1991 32.14 % change on previous year +55.0%
1992 15.58 % change on previous year -51.5%
1993 9.81 % change on previous year -37.0%
1994 8.04 % change on previous year -18.0%
1995 4.67 % change on previous year -42.0%
1996 11.64 % change on previous year +149.4%
1997 0.904 % change on previous year -92.2%
1998 1.98 % change on previous year +118.5%
1999 -2.33 % change on previous year -218.1%
2000 2.77 % change on previous year -218.9%
2001 3.84 % change on previous year +38.3%
2002 0.1757 % change on previous year -95.4%
2003 1.35 % change on previous year +669.5%
2004 17.33 % change on previous year +1181.7%
2005 3.49 % change on previous year -79.9%
2006 1.98 % change on previous year -43.2%
2007 8.05 % change on previous year +306.2%
2008 7.36 % change on previous year -8.5%
2009 8.79 % change on previous year +19.3%
2010 8.22 % change on previous year -6.4%
2011 1.5 % change on previous year -81.8%
2012 1.39 % change on previous year -7.0%
2013 3.76 % change on previous year +169.8%
2014 2.65 % change on previous year -29.6%
2015 -0.3772 % change on previous year -114.3%
2016 1.43 % change on previous year -478.9%
2017 1.02 % change on previous year -28.5%
2018 -1.69 % change on previous year -265.8%
2019 -6.09 % change on previous year +259.5%
2020 -15.86 % change on previous year +160.5%
2021 -5.27 % change on previous year -66.8%
2022 -0.6105 % change on previous year -88.4%
2023 -0.8267 % change on previous year +35.4%
2024 -7.07 % change on previous year +754.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10.32 % change on previous year -2.33 % change on previous year 32.14 % change on previous year 10
2000s 5.51 % change on previous year 0.1757 % change on previous year 17.33 % change on previous year 10
2010s 1.18 % change on previous year -6.09 % change on previous year 8.22 % change on previous year 10
2020s -5.93 % change on previous year -15.86 % change on previous year -0.6105 % change on previous year 5

Countries ranked near Lebanon

  1. 191 Venezuela -3.26 % change on previous year compare
  2. 192 Haiti -3.58 % change on previous year compare
  3. 193 Equatorial Guinea -6.08 % change on previous year compare
  4. 195 East Timor -9.5 % change on previous year compare

See the full ranking of 196 places →

More economy & growth data for Lebanon

All data for Lebanon →

Frequently asked questions

What is gross value added at basic prices (gva) (constant lcu), annual growth in Lebanon?
Gross value added at basic prices (gva) (constant lcu), annual growth in Lebanon was -7.07 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Lebanon?
The highest recorded value was 32.14 % change on previous year in 1991.
What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Lebanon?
The lowest recorded value was -15.86 % change on previous year in 2020.
How does Lebanon rank for gross value added at basic prices (gva) (constant lcu), annual growth?
Lebanon ranks 194th out of 195 countries with data for 2024.
Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Lebanon?
Over the last ten years it is down 367.1%. The long-run trend across the full record is volatile.
Where does this Lebanon data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant LCU), annual growth in Lebanon. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-annual-growth-rate/lebanon/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-annual-growth-rate/lebanon/">Gross value added at basic prices (GVA) (constant LCU), annual growth in Lebanon</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 8,134 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.