Gross value added at basic prices (GVA) (current US$), annual growth in Lebanon
Lebanon: Gross value added at basic prices (GVA) (current US$), annual growth was 12.19 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Lebanon, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lebanon recorded 12.19 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2024.
Compared with earlier readings it is up 123.1% on the previous year and up 180.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Lebanon peaked at 34.72 % change on previous year in 1993 and was at its lowest, -52.87 % change on previous year, in 2023.
That places Lebanon 44th out of 205 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Lebanon, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 23.66 % change on previous year | — |
| 1993 | 34.72 % change on previous year | +46.8% |
| 1994 | 20.8 % change on previous year | -40.1% |
| 1995 | 20.02 % change on previous year | -3.7% |
| 1996 | 17.2 % change on previous year | -14.1% |
| 1997 | 14.88 % change on previous year | -13.5% |
| 1998 | 7.67 % change on previous year | -48.4% |
| 1999 | -1.01 % change on previous year | -113.2% |
| 2000 | 0.6708 % change on previous year | -166.2% |
| 2001 | 2.27 % change on previous year | +238.3% |
| 2002 | 5.06 % change on previous year | +122.8% |
| 2003 | 2.93 % change on previous year | -42.0% |
| 2004 | 10.53 % change on previous year | +259.3% |
| 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 | -5.05 % change on previous year | -211.7% |
| 2020 | -37.15 % change on previous year | +635.7% |
| 2021 | -26.18 % change on previous year | -29.5% |
| 2022 | -14.88 % change on previous year | -43.1% |
| 2023 | -52.87 % change on previous year | +255.2% |
| 2024 | 12.19 % change on previous year | -123.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.24 % change on previous year | -1.01 % change on previous year | 34.72 % change on previous year | 8 |
| 2000s | 7.79 % change on previous year | 0.6708 % change on previous year | 19.88 % change on previous year | 10 |
| 2010s | 4.65 % change on previous year | -5.05 % change on previous year | 10.68 % change on previous year | 10 |
| 2020s | -23.78 % change on previous year | -52.87 % change on previous year | 12.19 % change on previous year | 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)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.3941 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,763 current US$ per person (2024)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Lebanon?
- Gross value added at basic prices (gva) (current us$), annual growth in Lebanon was 12.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Lebanon?
- The highest recorded value was 34.72 % change on previous year in 1993.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Lebanon?
- The lowest recorded value was -52.87 % change on previous year in 2023.
- How does Lebanon rank for gross value added at basic prices (gva) (current us$), annual growth?
- Lebanon ranks 44th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Lebanon?
- Over the last ten years it is up 180.3%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). 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) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.