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

Lebanon: Gross value added at basic prices (GVA) (current LCU), annual growth was 16.99 % change on previous year in 2024. ◆ Volatile

Latest (2024)
16.99 % change on previous year
Change on year
down 64.7%
World rank
24th
of 205 countries
All-time high
135.3 % change on previous year
in 2021
All-time low
-2.12 % change on previous year
in 2019
Years of data
33
1992–2024

Gross value added at basic prices (GVA) (current LCU), annual growth in Lebanon, 1992–2024

0501001501992200820241992: 128.2 % change on previous year1993: 37 % change on previous year1994: 16.5 % change on previous year1995: 15.8 % change on previous year1996: 13.6 % change on previous year1997: 12.6 % change on previous year1998: 6 % change on previous year1999: -1.6 % change on previous year2000: 0.648 % change on previous year2001: 2.3 % change on previous year2002: 5.1 % change on previous year2003: 2.9 % change on previous year2004: 10.5 % change on previous year2005: 3.9 % change on previous year2006: 5.6 % change on previous year2007: 11.4 % change on previous year2008: 19.9 % change on previous year2009: 15.6 % change on previous year2010: 9.8 % change on previous year2011: 6.5 % change on previous year2012: 10.7 % change on previous year2013: 6.7 % change on previous year2014: 4.3 % change on previous year2015: 2.5 % change on previous year2016: 2.5 % change on previous year2017: 4 % change on previous year2018: 4.5 % change on previous year2019: -2.1 % change on previous year2020: 49.1 % change on previous year2021: 135.3 % change on previous year2022: 97.7 % change on previous year2023: 48.1 % change on previous year2024: 17 % change on previous year

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

Analysis

The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Lebanon is 16.99 % change on previous year, measured in 2024.

The figure is down 64.7% on the previous year and up 290.7% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Lebanon peaked at 135.3 % change on previous year in 2021 and was at its lowest, -2.12 % change on previous year, in 2019.

That places Lebanon 24th out of 205 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current LCU), annual growth in Lebanon, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Lebanon, 1992 to 2024.
Year % change on previous year Change
1992 128.18 % change on previous year
1993 36.97 % change on previous year -71.2%
1994 16.55 % change on previous year -55.2%
1995 15.83 % change on previous year -4.3%
1996 13.59 % change on previous year -14.1%
1997 12.55 % change on previous year -7.6%
1998 6.04 % change on previous year -51.9%
1999 -1.55 % change on previous year -125.7%
2000 0.6482 % change on previous year -141.7%
2001 2.27 % change on previous year +250.1%
2002 5.05 % change on previous year +122.7%
2003 2.93 % change on previous year -42.0%
2004 10.53 % change on previous year +259.2%
2005 3.93 % change on previous year -62.7%
2006 5.64 % change on previous year +43.4%
2007 11.37 % change on previous year +101.6%
2008 19.88 % change on previous year +74.9%
2009 15.57 % change on previous year -21.7%
2010 9.77 % change on previous year -37.3%
2011 6.55 % change on previous year -33.0%
2012 10.68 % change on previous year +63.2%
2013 6.7 % change on previous year -37.3%
2014 4.35 % change on previous year -35.0%
2015 2.52 % change on previous year -42.0%
2016 2.54 % change on previous year +0.5%
2017 3.96 % change on previous year +56.2%
2018 4.52 % change on previous year +14.2%
2019 -2.12 % change on previous year -146.9%
2020 49.15 % change on previous year -2416.5%
2021 135.3 % change on previous year +175.3%
2022 97.74 % change on previous year -27.8%
2023 48.12 % change on previous year -50.8%
2024 16.99 % change on previous year -64.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 28.52 % change on previous year -1.55 % change on previous year 128.18 % change on previous year 8
2000s 7.78 % change on previous year 0.6482 % change on previous year 19.88 % change on previous year 10
2010s 4.95 % change on previous year -2.12 % change on previous year 10.68 % change on previous year 10
2020s 69.46 % change on previous year 16.99 % change on previous year 135.3 % change on previous year 5

Countries ranked near Lebanon

  1. 21 Nigeria 18.25 % change on previous year compare
  2. 22 Tajikistan 18.12 % change on previous year compare
  3. 23 Palau 17.95 % change on previous year compare
  4. 25 Rwanda 16.95 % change on previous year compare
  5. 26 Kazakhstan 16.55 % change on previous year compare
  6. 27 Ukraine 16.15 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Lebanon

All data for Lebanon →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), annual growth in Lebanon?
Gross value added at basic prices (gva) (current lcu), annual growth in Lebanon was 16.99 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Lebanon?
The highest recorded value was 135.3 % change on previous year in 2021.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Lebanon?
The lowest recorded value was -2.12 % change on previous year in 2019.
How does Lebanon rank for gross value added at basic prices (gva) (current lcu), annual growth?
Lebanon ranks 24th out of 205 countries with data for 2024.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Lebanon?
Over the last ten years it is up 290.7%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current 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-current-lcu-annual-growth-rate/lebanon/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/lebanon/">Gross value added at basic prices (GVA) (current 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) (current 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) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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