Gross value added at basic prices (GVA) (current US$) in Lebanon
Lebanon: Gross value added at basic prices (GVA) (current US$) was 10.23 billion current US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross value added at basic prices (gva) in Lebanon stood at 10.23 billion current US$.
Compared with earlier readings it is up 12.2% on the previous year and down 77.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in Lebanon peaked at 51.62 billion current US$ in 2018 and was at its lowest, 4.34 billion current US$, in 1991.
Lebanon ranks 152nd of 207 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Lebanon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 4.34 billion current US$ | — |
| 1992 | 5.37 billion current US$ | +23.7% |
| 1993 | 7.23 billion current US$ | +34.7% |
| 1994 | 8.73 billion current US$ | +20.8% |
| 1995 | 10.48 billion current US$ | +20.0% |
| 1996 | 12.28 billion current US$ | +17.2% |
| 1997 | 14.11 billion current US$ | +14.9% |
| 1998 | 15.19 billion current US$ | +7.7% |
| 1999 | 15.04 billion current US$ | -1.0% |
| 2000 | 15.14 billion current US$ | +0.7% |
| 2001 | 15.49 billion current US$ | +2.3% |
| 2002 | 16.27 billion current US$ | +5.1% |
| 2003 | 16.74 billion current US$ | +2.9% |
| 2004 | 18.51 billion current US$ | +10.5% |
| 2005 | 19.24 billion current US$ | +3.9% |
| 2006 | 20.32 billion current US$ | +5.6% |
| 2007 | 22.63 billion current US$ | +11.4% |
| 2008 | 27.13 billion current US$ | +19.9% |
| 2009 | 31.36 billion current US$ | +15.6% |
| 2010 | 34.42 billion current US$ | +9.8% |
| 2011 | 36.67 billion current US$ | +6.5% |
| 2012 | 40.59 billion current US$ | +10.7% |
| 2013 | 43.31 billion current US$ | +6.7% |
| 2014 | 45.19 billion current US$ | +4.3% |
| 2015 | 46.33 billion current US$ | +2.5% |
| 2016 | 47.51 billion current US$ | +2.5% |
| 2017 | 49.39 billion current US$ | +4.0% |
| 2018 | 51.62 billion current US$ | +4.5% |
| 2019 | 49.02 billion current US$ | -5.1% |
| 2020 | 30.80 billion current US$ | -37.2% |
| 2021 | 22.74 billion current US$ | -26.2% |
| 2022 | 19.36 billion current US$ | -14.9% |
| 2023 | 9.12 billion current US$ | -52.9% |
| 2024 | 10.23 billion current US$ | +12.2% |
Lebanon compared with similar countries
- Lebanon's 10.23 billion current US$ is below the median for lower middle income countries, which is 27.86 billion current US$, 37% of the median. (47 countries reporting)
- Lebanon's 10.23 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 110.20 billion current US$, 9% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (current US$) 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 |
|---|---|---|---|
| 2023 | -52.9% | 19.36 billion current US$ | 9.12 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.31 billion current US$ | 4.34 billion current US$ | 15.19 billion current US$ | 9 |
| 2000s | 20.28 billion current US$ | 15.14 billion current US$ | 31.36 billion current US$ | 10 |
| 2010s | 44.41 billion current US$ | 34.42 billion current US$ | 51.62 billion current US$ | 10 |
| 2020s | 18.45 billion current US$ | 9.12 billion current US$ | 30.80 billion current US$ | 5 |
Countries ranked near Lebanon
More economy & growth data for Lebanon
- Real gdp growth, annual growth rate 107.77 % change on previous year (2021)
- 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)
Frequently asked questions
- What is gross value added at basic prices (gva) in Lebanon?
- Gross value added at basic prices (gva) in Lebanon was 10.23 billion current US$ 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 51.62 billion current US$ in 2018.
- What is the lowest gross value added at basic prices (gva) recorded in Lebanon?
- The lowest recorded value was 4.34 billion current US$ in 1991.
- How does Lebanon rank for gross value added at basic prices (gva)?
- Lebanon ranks 152nd 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 down 77.4%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.