Imports of goods, services and primary income in Lebanon
Lebanon: Imports of goods, services and primary income was 24.25 billion BoP, current US$ in 2023. ▲ Rising
Imports of goods, services and primary income in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, imports of goods, services and primary income in Lebanon stood at 24.25 billion BoP, current US$.
The figure is down 7.4% on the previous year and down 31.8% over ten years.
Over the whole period, imports of goods, services and primary income in Lebanon peaked at 36.71 billion BoP, current US$ in 2018 and was at its lowest, 10.74 billion BoP, current US$, in 2002.
That places Lebanon 94th out of 200 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Imports of goods, services and primary income in Lebanon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 10.74 billion BoP, current US$ | — |
| 2003 | 18.13 billion BoP, current US$ | +68.7% |
| 2004 | 19.01 billion BoP, current US$ | +4.9% |
| 2005 | 18.77 billion BoP, current US$ | -1.3% |
| 2006 | 20.01 billion BoP, current US$ | +6.6% |
| 2007 | 23.82 billion BoP, current US$ | +19.0% |
| 2008 | 31.28 billion BoP, current US$ | +31.3% |
| 2009 | 31.71 billion BoP, current US$ | +1.4% |
| 2010 | 32.18 billion BoP, current US$ | +1.5% |
| 2011 | 32.90 billion BoP, current US$ | +2.2% |
| 2012 | 33.93 billion BoP, current US$ | +3.1% |
| 2013 | 35.54 billion BoP, current US$ | +4.7% |
| 2014 | 36.28 billion BoP, current US$ | +2.1% |
| 2015 | 33.77 billion BoP, current US$ | -6.9% |
| 2016 | 34.27 billion BoP, current US$ | +1.5% |
| 2017 | 35.41 billion BoP, current US$ | +3.3% |
| 2018 | 36.71 billion BoP, current US$ | +3.7% |
| 2019 | 35.49 billion BoP, current US$ | -3.3% |
| 2020 | 17.83 billion BoP, current US$ | -49.8% |
| 2021 | 19.61 billion BoP, current US$ | +10.0% |
| 2022 | 26.18 billion BoP, current US$ | +33.5% |
| 2023 | 24.25 billion BoP, current US$ | -7.4% |
Lebanon compared with similar countries
- Lebanon's 24.25 billion BoP, current US$ is above the median for lower middle income countries, which is 12.80 billion BoP, current US$, 1.9× the median. (47 countries reporting)
- Lebanon's 24.25 billion BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 50.72 billion BoP, current US$, 48% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Imports of goods, services and primary income in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +68.7% | 10.74 billion BoP, current US$ | 18.13 billion BoP, current US$ |
| 2020 | -49.8% | 35.49 billion BoP, current US$ | 17.83 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.68 billion BoP, current US$ | 10.74 billion BoP, current US$ | 31.71 billion BoP, current US$ | 8 |
| 2010s | 34.65 billion BoP, current US$ | 32.18 billion BoP, current US$ | 36.71 billion BoP, current US$ | 10 |
| 2020s | 21.97 billion BoP, current US$ | 17.83 billion BoP, current US$ | 26.18 billion BoP, current US$ | 4 |
Countries ranked near Lebanon
- 91 Ethiopia 25.50 billion BoP, current US$ compare
- 92 Tunisia 24.85 billion BoP, current US$ compare
- 93 Georgia 24.51 billion BoP, current US$ compare
- 95 El Salvador 23.61 billion BoP, current US$ compare
- 96 Honduras 23.09 billion BoP, current US$ compare
- 97 Paraguay 22.74 billion BoP, current US$ 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)
- 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is imports of goods, services and primary income in Lebanon?
- Imports of goods, services and primary income in Lebanon was 24.25 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Lebanon?
- The highest recorded value was 36.71 billion BoP, current US$ in 2018.
- What is the lowest imports of goods, services and primary income recorded in Lebanon?
- The lowest recorded value was 10.74 billion BoP, current US$ in 2002.
- How does Lebanon rank for imports of goods, services and primary income?
- Lebanon ranks 94th out of 200 countries with data for 2023.
- Is imports of goods, services and primary income rising or falling in Lebanon?
- Over the last ten years it is down 31.8%. The long-run trend across the full record is rising.
- Where does this Lebanon data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.