Industry (including construction), value added in Lebanon
Lebanon: Industry (including construction), value added was -5.8% in 2024. ◆ Volatile
Industry (including construction), value added in Lebanon, 1992–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, industry (including construction), value added in Lebanon stood at -5.8%.
Compared with earlier readings it is down 5,779.2% on the previous year and down 114.7% over ten years.
Over the whole period, industry (including construction), value added in Lebanon peaked at 17.6% in 2007 and was at its lowest, -16.9%, in 2019.
Lebanon ranks 190th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Lebanon, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1992 | 12.5% | — |
| 1993 | 9.8% | -21.8% |
| 1994 | 8.0% | -18.4% |
| 1995 | 4.7% | -40.8% |
| 1996 | 11.7% | +146.5% |
| 1997 | 0.9% | -92.4% |
| 1998 | 3.2% | +267.8% |
| 1999 | -6.2% | -291.1% |
| 2000 | -0.8% | -87.0% |
| 2001 | 1.8% | -319.0% |
| 2002 | 4.2% | +137.3% |
| 2003 | 3.4% | -18.9% |
| 2004 | 6.2% | +82.9% |
| 2005 | 5.1% | -18.4% |
| 2006 | -0.2% | -103.9% |
| 2007 | 17.6% | -9073.5% |
| 2008 | 9.2% | -47.7% |
| 2009 | 4.7% | -49.3% |
| 2010 | 6.2% | +32.0% |
| 2011 | 2.2% | -64.6% |
| 2012 | 1.8% | -19.7% |
| 2013 | 5.9% | +236.9% |
| 2014 | -2.7% | -146.2% |
| 2015 | -5.1% | +88.9% |
| 2016 | 2.3% | -144.2% |
| 2017 | -3.0% | -231.0% |
| 2018 | -3.9% | +32.0% |
| 2019 | -16.9% | +330.1% |
| 2020 | -6.5% | -61.8% |
| 2021 | -6.9% | +6.2% |
| 2022 | -0.6% | -91.8% |
| 2023 | 0.1% | -118.4% |
| 2024 | -5.8% | -5779.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.6% | -6.2% | 12.5% | 8 |
| 2000s | 5.1% | -0.8% | 17.6% | 10 |
| 2010s | -1.3% | -16.9% | 6.2% | 10 |
| 2020s | -3.9% | -6.9% | 0.1% | 5 |
Countries ranked near Lebanon
- 187 Hong Kong, China -5.0% compare
- 188 Haiti -5.1% compare
- 189 Venezuela, Bolivarian Republic of -5.8% compare
- 191 Macau, China -6.0% compare
- 192 Iraq -6.5% compare
- 193 Botswana -7.8% 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)
- GDP (constant 2015 US$), annual growth rate -7.08 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 1.21 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 5,391 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate -7.08 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 1,547 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), per capita 6.92 million constant LCU per person (2024)
- Gross domestic savings (current US$), annual growth rate -7.21 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.3415 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is industry (including construction), value added in Lebanon?
- Industry (including construction), value added in Lebanon was -5.8% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Lebanon?
- The highest recorded value was 17.6% in 2007.
- What is the lowest industry (including construction), value added recorded in Lebanon?
- The lowest recorded value was -16.9% in 2019.
- How does Lebanon rank for industry (including construction), value added?
- Lebanon ranks 190th out of 197 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Lebanon?
- Over the last ten years it is down 114.7%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.