Industry (including construction), value added (current US$) in Lebanon
Lebanon: Industry (including construction), value added (current US$) was 684.08 million current US$ in 2024. ◆ Volatile
Industry (including construction), value added in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, industry (including construction), value added in Lebanon stood at 684.08 million current US$.
The figure is up 63.3% on the previous year and down 91.2% over ten years.
Over the whole period, industry (including construction), value added in Lebanon peaked at 8.16 billion current US$ in 2016 and was at its lowest, 418.90 million current US$, in 2023.
Lebanon ranks 170th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current US$) in Lebanon, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 1.11 billion current US$ | — |
| 1992 | 1.33 billion current US$ | +20.4% |
| 1993 | 1.80 billion current US$ | +34.7% |
| 1994 | 2.17 billion current US$ | +20.8% |
| 1995 | 2.61 billion current US$ | +20.0% |
| 1996 | 3.05 billion current US$ | +17.2% |
| 1997 | 3.51 billion current US$ | +14.9% |
| 1998 | 4.08 billion current US$ | +16.4% |
| 1999 | 3.69 billion current US$ | -9.6% |
| 2000 | 3.45 billion current US$ | -6.7% |
| 2001 | 3.61 billion current US$ | +4.6% |
| 2002 | 3.66 billion current US$ | +1.5% |
| 2003 | 3.68 billion current US$ | +0.5% |
| 2004 | 3.08 billion current US$ | -16.1% |
| 2005 | 3.17 billion current US$ | +2.9% |
| 2006 | 3.31 billion current US$ | +4.2% |
| 2007 | 3.85 billion current US$ | +16.5% |
| 2008 | 4.72 billion current US$ | +22.6% |
| 2009 | 5.47 billion current US$ | +15.8% |
| 2010 | 5.31 billion current US$ | -2.9% |
| 2011 | 5.79 billion current US$ | +9.1% |
| 2012 | 6.82 billion current US$ | +17.7% |
| 2013 | 7.66 billion current US$ | +12.4% |
| 2014 | 7.80 billion current US$ | +1.7% |
| 2015 | 7.84 billion current US$ | +0.6% |
| 2016 | 8.16 billion current US$ | +4.1% |
| 2017 | 7.92 billion current US$ | -3.0% |
| 2018 | 7.58 billion current US$ | -4.2% |
| 2019 | 6.45 billion current US$ | -14.9% |
| 2020 | 2.11 billion current US$ | -67.4% |
| 2021 | 638.12 million current US$ | -69.7% |
| 2022 | 501.88 million current US$ | -21.4% |
| 2023 | 418.90 million current US$ | -16.5% |
| 2024 | 684.08 million current US$ | +63.3% |
Lebanon compared with similar countries
- Lebanon's 684.08 million current US$ is below the median for lower middle income countries, which is 7.20 billion current US$, 10% of the median. (47 countries reporting)
- Lebanon's 684.08 million current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 46.04 billion current US$, 1% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.60 billion current US$ | 1.11 billion current US$ | 4.08 billion current US$ | 9 |
| 2000s | 3.80 billion current US$ | 3.08 billion current US$ | 5.47 billion current US$ | 10 |
| 2010s | 7.13 billion current US$ | 5.31 billion current US$ | 8.16 billion current US$ | 10 |
| 2020s | 869.62 million current US$ | 418.90 million current US$ | 2.11 billion current US$ | 5 |
Countries ranked near Lebanon
- 167 Faroe Islands 741.68 million current US$ compare
- 168 San Marino 725.05 million current US$ compare
- 169 Maldives 722.27 million current US$ compare
- 171 Central African Republic 650.74 million current US$ compare
- 172 Lesotho 647.45 million current US$ compare
- 173 Greenland 613.64 million current US$ compare
More economy & growth data for Lebanon
- Real gdp growth, annual growth rate 107.77 % change on previous year (2021)
- 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)
- SDRs holdings, US dollar, annual growth rate -18.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 1.42 units per person (2025)
- SDRs holdings, SDR, annual growth rate -22.54 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 1.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Lebanon?
- Industry (including construction), value added in Lebanon was 684.08 million current US$ 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 8.16 billion current US$ in 2016.
- What is the lowest industry (including construction), value added recorded in Lebanon?
- The lowest recorded value was 418.90 million current US$ in 2023.
- How does Lebanon rank for industry (including construction), value added?
- Lebanon ranks 170th 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 down 91.2%. 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 US$). 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 indicator is expressed in United States dollars.