Households and NPISHs Final consumption expenditure, PPP in Lebanon
Lebanon: Households and NPISHs Final consumption expenditure, PPP was 57.34 billion current international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Lebanon, 2008–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Lebanon recorded 57.34 billion current international $ for households and npishs final consumption expenditure, ppp in 2024.
That represents a change of down 9.2% on the previous year and down 29.9% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Lebanon peaked at 101.45 billion current international $ in 2018 and was at its lowest, 49.25 billion current international $, in 2008.
That places Lebanon 100th out of 182 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Lebanon, year by year
| Year | current international $ | Change |
|---|---|---|
| 2008 | 49.25 billion current international $ | — |
| 2009 | 56.30 billion current international $ | +14.3% |
| 2010 | 62.40 billion current international $ | +10.8% |
| 2011 | 65.22 billion current international $ | +4.5% |
| 2012 | 72.39 billion current international $ | +11.0% |
| 2013 | 76.26 billion current international $ | +5.3% |
| 2014 | 81.82 billion current international $ | +7.3% |
| 2015 | 86.79 billion current international $ | +6.1% |
| 2016 | 90.13 billion current international $ | +3.8% |
| 2017 | 95.15 billion current international $ | +5.6% |
| 2018 | 101.45 billion current international $ | +6.6% |
| 2019 | 100.34 billion current international $ | -1.1% |
| 2020 | 85.21 billion current international $ | -15.1% |
| 2021 | 67.55 billion current international $ | -20.7% |
| 2022 | 66.88 billion current international $ | -1.0% |
| 2023 | 63.12 billion current international $ | -5.6% |
| 2024 | 57.34 billion current international $ | -9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.77 billion current international $ | 49.25 billion current international $ | 56.30 billion current international $ | 2 |
| 2010s | 83.19 billion current international $ | 62.40 billion current international $ | 101.45 billion current international $ | 10 |
| 2020s | 68.02 billion current international $ | 57.34 billion current international $ | 85.21 billion current international $ | 5 |
Countries ranked near Lebanon
- 97 Slovenia 61.09 billion current international $ compare
- 98 Senegal 60.68 billion current international $ compare
- 99 Qatar 59.09 billion current international $ compare
- 101 Zimbabwe 53.46 billion current international $ compare
- 102 Bosnia and Herzegovina 51.00 billion current international $ compare
- 103 Armenia 50.76 billion current international $ compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.0994 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.453 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 2,026 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -6.83 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -11.4 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 45.85 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 935.33 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.18 million current LCU per person (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Lebanon?
- Households and npishs final consumption expenditure, ppp in Lebanon was 57.34 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Lebanon?
- The highest recorded value was 101.45 billion current international $ in 2018.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Lebanon?
- The lowest recorded value was 49.25 billion current international $ in 2008.
- How does Lebanon rank for households and npishs final consumption expenditure, ppp?
- Lebanon ranks 100th out of 182 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Lebanon?
- Over the last ten years it is down 29.9%. The long-run trend across the full record is rising.
- Where does this Lebanon data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.