Industry (including construction), value added in Lebanon
Lebanon: Industry (including construction), value added was 5.26 trillion constant LCU in 2024. ▲ Rising
Industry (including construction), value added in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for industry (including construction), value added in Lebanon is 5.26 trillion constant LCU, measured in 2024.
Compared with earlier readings it is down 5.8% on the previous year and down 38.6% over ten years.
Over the whole period, industry (including construction), value added in Lebanon peaked at 8.81 trillion constant LCU in 2013 and was at its lowest, 3.03 trillion constant LCU, in 1991.
Lebanon ranks 34th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Industry (including construction), value added in Lebanon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1991 | 3.03 trillion constant LCU | — |
| 1992 | 3.42 trillion constant LCU | +12.5% |
| 1993 | 3.75 trillion constant LCU | +9.8% |
| 1994 | 4.05 trillion constant LCU | +8.0% |
| 1995 | 4.24 trillion constant LCU | +4.7% |
| 1996 | 4.74 trillion constant LCU | +11.7% |
| 1997 | 4.78 trillion constant LCU | +0.9% |
| 1998 | 4.93 trillion constant LCU | +3.2% |
| 1999 | 4.63 trillion constant LCU | -6.2% |
| 2000 | 4.59 trillion constant LCU | -0.8% |
| 2001 | 4.67 trillion constant LCU | +1.8% |
| 2002 | 4.87 trillion constant LCU | +4.2% |
| 2003 | 5.03 trillion constant LCU | +3.4% |
| 2004 | 5.35 trillion constant LCU | +6.2% |
| 2005 | 5.62 trillion constant LCU | +5.1% |
| 2006 | 5.61 trillion constant LCU | -0.2% |
| 2007 | 6.59 trillion constant LCU | +17.6% |
| 2008 | 7.20 trillion constant LCU | +9.2% |
| 2009 | 7.54 trillion constant LCU | +4.7% |
| 2010 | 8.00 trillion constant LCU | +6.2% |
| 2011 | 8.18 trillion constant LCU | +2.2% |
| 2012 | 8.32 trillion constant LCU | +1.8% |
| 2013 | 8.81 trillion constant LCU | +5.9% |
| 2014 | 8.57 trillion constant LCU | -2.7% |
| 2015 | 8.13 trillion constant LCU | -5.1% |
| 2016 | 8.32 trillion constant LCU | +2.3% |
| 2017 | 8.07 trillion constant LCU | -3.0% |
| 2018 | 7.75 trillion constant LCU | -3.9% |
| 2019 | 6.44 trillion constant LCU | -16.9% |
| 2020 | 6.03 trillion constant LCU | -6.5% |
| 2021 | 5.61 trillion constant LCU | -6.9% |
| 2022 | 5.58 trillion constant LCU | -0.6% |
| 2023 | 5.59 trillion constant LCU | +0.1% |
| 2024 | 5.26 trillion constant LCU | -5.8% |
Lebanon compared with similar countries
- Lebanon's 5.26 trillion constant LCU is above the median for lower middle income countries, which is 119.95 billion constant LCU, 43.9× the median. (47 countries reporting)
- Lebanon's 5.26 trillion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 155.61 billion constant LCU, 33.8× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.17 trillion constant LCU | 3.03 trillion constant LCU | 4.93 trillion constant LCU | 9 |
| 2000s | 5.71 trillion constant LCU | 4.59 trillion constant LCU | 7.54 trillion constant LCU | 10 |
| 2010s | 8.06 trillion constant LCU | 6.44 trillion constant LCU | 8.81 trillion constant LCU | 10 |
| 2020s | 5.61 trillion constant LCU | 5.26 trillion constant LCU | 6.03 trillion constant LCU | 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)
- 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 industry (including construction), value added in Lebanon?
- Industry (including construction), value added in Lebanon was 5.26 trillion constant LCU 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 8.81 trillion constant LCU in 2013.
- What is the lowest industry (including construction), value added recorded in Lebanon?
- The lowest recorded value was 3.03 trillion constant LCU in 1991.
- How does Lebanon rank for industry (including construction), value added?
- Lebanon ranks 34th out of 200 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Lebanon?
- Over the last ten years it is down 38.6%. The long-run trend across the full record is rising.
- 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.