Gross value added at basic prices (GVA) (constant LCU) in Lebanon
Lebanon: Gross value added at basic prices (GVA) (constant LCU) was 39.13 trillion constant LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Lebanon is 39.13 trillion constant LCU, measured in 2024.
The figure is 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 58.05 trillion constant LCU in 2017 and was at its lowest, 11.02 trillion constant LCU, in 1989.
That places Lebanon 24th out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross value added at basic prices (GVA) (constant LCU) in Lebanon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1989 | 11.02 trillion constant LCU | — |
| 1990 | 13.31 trillion constant LCU | +20.7% |
| 1991 | 17.58 trillion constant LCU | +32.1% |
| 1992 | 20.32 trillion constant LCU | +15.6% |
| 1993 | 22.32 trillion constant LCU | +9.8% |
| 1994 | 24.11 trillion constant LCU | +8.0% |
| 1995 | 25.24 trillion constant LCU | +4.7% |
| 1996 | 28.17 trillion constant LCU | +11.6% |
| 1997 | 28.43 trillion constant LCU | +0.9% |
| 1998 | 28.99 trillion constant LCU | +2.0% |
| 1999 | 28.31 trillion constant LCU | -2.3% |
| 2000 | 29.10 trillion constant LCU | +2.8% |
| 2001 | 30.22 trillion constant LCU | +3.8% |
| 2002 | 30.27 trillion constant LCU | +0.2% |
| 2003 | 30.68 trillion constant LCU | +1.4% |
| 2004 | 36.00 trillion constant LCU | +17.3% |
| 2005 | 37.25 trillion constant LCU | +3.5% |
| 2006 | 37.99 trillion constant LCU | +2.0% |
| 2007 | 41.05 trillion constant LCU | +8.1% |
| 2008 | 44.07 trillion constant LCU | +7.4% |
| 2009 | 47.95 trillion constant LCU | +8.8% |
| 2010 | 51.89 trillion constant LCU | +8.2% |
| 2011 | 52.67 trillion constant LCU | +1.5% |
| 2012 | 53.40 trillion constant LCU | +1.4% |
| 2013 | 55.41 trillion constant LCU | +3.8% |
| 2014 | 56.87 trillion constant LCU | +2.6% |
| 2015 | 56.66 trillion constant LCU | -0.4% |
| 2016 | 57.47 trillion constant LCU | +1.4% |
| 2017 | 58.05 trillion constant LCU | +1.0% |
| 2018 | 57.07 trillion constant LCU | -1.7% |
| 2019 | 53.60 trillion constant LCU | -6.1% |
| 2020 | 45.10 trillion constant LCU | -15.9% |
| 2021 | 42.72 trillion constant LCU | -5.3% |
| 2022 | 42.46 trillion constant LCU | -0.6% |
| 2023 | 42.11 trillion constant LCU | -0.8% |
| 2024 | 39.13 trillion constant LCU | -7.1% |
Lebanon compared with similar countries
- Lebanon's 39.13 trillion constant LCU is above the median for lower middle income countries, which is 664.36 billion constant LCU, 58.9× the median. (47 countries reporting)
- Lebanon's 39.13 trillion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 732.44 billion constant LCU, 53.4× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (constant LCU) 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% | 13.31 trillion constant LCU | 17.58 trillion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.02 trillion constant LCU | 11.02 trillion constant LCU | 11.02 trillion constant LCU | 1 |
| 1990s | 23.68 trillion constant LCU | 13.31 trillion constant LCU | 28.99 trillion constant LCU | 10 |
| 2000s | 36.46 trillion constant LCU | 29.10 trillion constant LCU | 47.95 trillion constant LCU | 10 |
| 2010s | 55.31 trillion constant LCU | 51.89 trillion constant LCU | 58.05 trillion constant LCU | 10 |
| 2020s | 42.30 trillion constant LCU | 39.13 trillion constant LCU | 45.10 trillion constant LCU | 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)
- 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 39.13 trillion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Lebanon?
- The highest recorded value was 58.05 trillion constant LCU in 2017.
- What is the lowest gross value added at basic prices (gva) recorded in Lebanon?
- The lowest recorded value was 11.02 trillion constant LCU in 1989.
- How does Lebanon rank for gross value added at basic prices (gva)?
- Lebanon ranks 24th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.