Industry (including construction), value added in Lebanon
Lebanon: Industry (including construction), value added was 61.23 trillion current LCU in 2024. ◆ Volatile
Industry (including construction), value added in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, industry (including construction), value added in Lebanon stood at 61.23 trillion current LCU. That is the highest value across all 34 years on record.
That represents a change of up 70.3% on the previous year and up 421.0% over ten years.
Over the whole period, industry (including construction), value added in Lebanon peaked at 61.23 trillion current LCU in 2024 and was at its lowest, 1.03 trillion current LCU, in 1991.
Lebanon ranks 21st of 209 countries on this measure, in the top 10%.
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 | current LCU | Change |
|---|---|---|
| 1991 | 1.03 trillion current LCU | — |
| 1992 | 2.28 trillion current LCU | +122.1% |
| 1993 | 3.13 trillion current LCU | +37.0% |
| 1994 | 3.65 trillion current LCU | +16.5% |
| 1995 | 4.22 trillion current LCU | +15.8% |
| 1996 | 4.80 trillion current LCU | +13.6% |
| 1997 | 5.40 trillion current LCU | +12.6% |
| 1998 | 6.19 trillion current LCU | +14.7% |
| 1999 | 5.57 trillion current LCU | -10.1% |
| 2000 | 5.20 trillion current LCU | -6.7% |
| 2001 | 5.44 trillion current LCU | +4.6% |
| 2002 | 5.52 trillion current LCU | +1.5% |
| 2003 | 5.54 trillion current LCU | +0.5% |
| 2004 | 4.65 trillion current LCU | -16.1% |
| 2005 | 4.78 trillion current LCU | +2.9% |
| 2006 | 4.98 trillion current LCU | +4.2% |
| 2007 | 5.80 trillion current LCU | +16.5% |
| 2008 | 7.12 trillion current LCU | +22.6% |
| 2009 | 8.24 trillion current LCU | +15.8% |
| 2010 | 8.00 trillion current LCU | -2.9% |
| 2011 | 8.73 trillion current LCU | +9.1% |
| 2012 | 10.28 trillion current LCU | +17.7% |
| 2013 | 11.55 trillion current LCU | +12.4% |
| 2014 | 11.75 trillion current LCU | +1.7% |
| 2015 | 11.82 trillion current LCU | +0.6% |
| 2016 | 12.30 trillion current LCU | +4.1% |
| 2017 | 11.93 trillion current LCU | -3.0% |
| 2018 | 11.43 trillion current LCU | -4.2% |
| 2019 | 10.02 trillion current LCU | -12.3% |
| 2020 | 7.76 trillion current LCU | -22.5% |
| 2021 | 7.50 trillion current LCU | -3.4% |
| 2022 | 13.71 trillion current LCU | +82.7% |
| 2023 | 35.95 trillion current LCU | +162.3% |
| 2024 | 61.23 trillion current LCU | +70.3% |
Lebanon compared with similar countries
- Lebanon's 61.23 trillion current LCU is above the median for lower middle income countries, which is 522.90 billion current LCU, 117.1× the median. (47 countries reporting)
- Lebanon's 61.23 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 430.49 billion current LCU, 142.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added 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 | +162.3% | 13.71 trillion current LCU | 35.95 trillion current LCU |
| 1992 | +122.1% | 1.03 trillion current LCU | 2.28 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.03 trillion current LCU | 1.03 trillion current LCU | 6.19 trillion current LCU | 9 |
| 2000s | 5.73 trillion current LCU | 4.65 trillion current LCU | 8.24 trillion current LCU | 10 |
| 2010s | 10.78 trillion current LCU | 8.00 trillion current LCU | 12.30 trillion current LCU | 10 |
| 2020s | 25.23 trillion current LCU | 7.50 trillion current LCU | 61.23 trillion current 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 61.23 trillion current 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 61.23 trillion current LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Lebanon?
- The lowest recorded value was 1.03 trillion current LCU in 1991.
- How does Lebanon rank for industry (including construction), value added?
- Lebanon ranks 21st out of 209 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Lebanon?
- Over the last ten years it is up 421.0%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.