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
Gross value added at basic prices (GVA) (constant LCU), annual growth in Lebanon, 1990–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
- 191 Venezuela -3.26 % change on previous year compare
- 192 Haiti -3.58 % change on previous year compare
- 193 Equatorial Guinea -6.08 % change on previous year compare
- 195 East Timor -9.5 % change on previous year 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 value added at basic prices (GVA) (current LCU), annual growth 16.99 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 35,269 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 157.77 million current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -7.07 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.23 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,512 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1,507 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 6.74 million constant LCU per person (2024)
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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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
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
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.