Gross value added at basic prices (GVA) in Lebanon
Lebanon: Gross value added at basic prices (GVA) was 916.00 trillion current LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Lebanon recorded 916.00 trillion current LCU for gross value added at basic prices (gva) in 2024. That is the highest value across all 34 years on record.
The figure is up 17.0% on the previous year and up 1,244.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Lebanon peaked at 916.00 trillion current LCU in 2024 and was at its lowest, 4.03 trillion current LCU, in 1991.
That places Lebanon 7th out of 207 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Lebanon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1991 | 4.03 trillion current LCU | — |
| 1992 | 9.19 trillion current LCU | +128.2% |
| 1993 | 12.59 trillion current LCU | +37.0% |
| 1994 | 14.67 trillion current LCU | +16.5% |
| 1995 | 16.99 trillion current LCU | +15.8% |
| 1996 | 19.30 trillion current LCU | +13.6% |
| 1997 | 21.73 trillion current LCU | +12.6% |
| 1998 | 23.04 trillion current LCU | +6.0% |
| 1999 | 22.68 trillion current LCU | -1.6% |
| 2000 | 22.83 trillion current LCU | +0.6% |
| 2001 | 23.34 trillion current LCU | +2.3% |
| 2002 | 24.52 trillion current LCU | +5.1% |
| 2003 | 25.24 trillion current LCU | +2.9% |
| 2004 | 27.90 trillion current LCU | +10.5% |
| 2005 | 29.00 trillion current LCU | +3.9% |
| 2006 | 30.63 trillion current LCU | +5.6% |
| 2007 | 34.12 trillion current LCU | +11.4% |
| 2008 | 40.90 trillion current LCU | +19.9% |
| 2009 | 47.27 trillion current LCU | +15.6% |
| 2010 | 51.89 trillion current LCU | +9.8% |
| 2011 | 55.29 trillion current LCU | +6.5% |
| 2012 | 61.19 trillion current LCU | +10.7% |
| 2013 | 65.29 trillion current LCU | +6.7% |
| 2014 | 68.13 trillion current LCU | +4.3% |
| 2015 | 69.85 trillion current LCU | +2.5% |
| 2016 | 71.62 trillion current LCU | +2.5% |
| 2017 | 74.45 trillion current LCU | +4.0% |
| 2018 | 77.82 trillion current LCU | +4.5% |
| 2019 | 76.17 trillion current LCU | -2.1% |
| 2020 | 113.61 trillion current LCU | +49.1% |
| 2021 | 267.31 trillion current LCU | +135.3% |
| 2022 | 528.58 trillion current LCU | +97.7% |
| 2023 | 782.95 trillion current LCU | +48.1% |
| 2024 | 916.00 trillion current LCU | +17.0% |
Lebanon compared with similar countries
- Lebanon's 916.00 trillion current LCU is above the median for lower middle income countries, which is 1.54 trillion current LCU, 593.9× the median. (47 countries reporting)
- Lebanon's 916.00 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.50 trillion current LCU, 609.7× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) 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 |
|---|---|---|---|
| 2021 | +135.3% | 113.61 trillion current LCU | 267.31 trillion current LCU |
| 1992 | +128.2% | 4.03 trillion current LCU | 9.19 trillion current LCU |
| 2022 | +97.7% | 267.31 trillion current LCU | 528.58 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.02 trillion current LCU | 4.03 trillion current LCU | 23.04 trillion current LCU | 9 |
| 2000s | 30.58 trillion current LCU | 22.83 trillion current LCU | 47.27 trillion current LCU | 10 |
| 2010s | 67.17 trillion current LCU | 51.89 trillion current LCU | 77.82 trillion current LCU | 10 |
| 2020s | 521.69 trillion current LCU | 113.61 trillion current LCU | 916.00 trillion current 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 390.72 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.3 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.84 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 181.11 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0709 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 317.35 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 21.14 % change on previous year (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 916.00 trillion current LCU 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 916.00 trillion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Lebanon?
- The lowest recorded value was 4.03 trillion current LCU in 1991.
- How does Lebanon rank for gross value added at basic prices (gva)?
- Lebanon ranks 7th out of 207 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 up 1,244.5%. The long-run trend across the full record is volatile.
- 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) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.