Industry (including construction), value added in Lebanon
Lebanon: Industry (including construction), value added was 2.6% in 2024. ▼ Falling
Industry (including construction), value added in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for industry (including construction), value added in Lebanon is 2.6%, measured in 2024.
Compared with earlier readings it is up 26.3% on the previous year and down 83.8% over ten years.
Over the whole period, industry (including construction), value added in Lebanon peaked at 23.7% in 1998 and was at its lowest, 2.1%, in 2023.
That places Lebanon 207th out of 209 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Industry (including construction), value added in Lebanon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 23.6% | — |
| 1992 | 22.8% | -3.4% |
| 1993 | 22.6% | -0.9% |
| 1994 | 22.6% | -0.1% |
| 1995 | 22.2% | -1.7% |
| 1996 | 22.3% | +0.3% |
| 1997 | 22.3% | -0.2% |
| 1998 | 23.7% | +6.3% |
| 1999 | 21.2% | -10.4% |
| 2000 | 20.0% | -6.0% |
| 2001 | 20.4% | +2.3% |
| 2002 | 19.1% | -6.4% |
| 2003 | 18.3% | -4.2% |
| 2004 | 14.6% | -20.4% |
| 2005 | 14.8% | +1.3% |
| 2006 | 15.0% | +1.7% |
| 2007 | 15.5% | +3.3% |
| 2008 | 16.2% | +4.5% |
| 2009 | 15.4% | -4.8% |
| 2010 | 13.8% | -10.6% |
| 2011 | 14.5% | +5.0% |
| 2012 | 15.5% | +6.8% |
| 2013 | 16.3% | +5.5% |
| 2014 | 16.2% | -0.8% |
| 2015 | 15.7% | -3.1% |
| 2016 | 16.0% | +1.6% |
| 2017 | 14.9% | -6.4% |
| 2018 | 13.8% | -7.5% |
| 2019 | 12.5% | -9.5% |
| 2020 | 6.6% | -46.9% |
| 2021 | 2.8% | -58.4% |
| 2022 | 2.4% | -13.3% |
| 2023 | 2.1% | -12.7% |
| 2024 | 2.6% | +26.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.6% | 21.2% | 23.7% | 9 |
| 2000s | 16.9% | 14.6% | 20.4% | 10 |
| 2010s | 14.9% | 12.5% | 16.3% | 10 |
| 2020s | 3.3% | 2.1% | 6.6% | 5 |
Countries ranked near Lebanon
- 204 Micronesia, Federated States of 5.3% compare
- 205 Bermuda 4.9% compare
- 206 Macau, China 4.7% compare
- 208 Sao Tome and Principe 2.2% compare
- 209 Venezuela, Bolivarian Republic of 0.0% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0143 current US$ per US$ of GDP (2021)
- Manufacturing, value added (current US$), per capita 57.72 current US$ per person (2021)
- Manufacturing, value added (current LCU), per unit of GDP 167.72 current LCU per US$ of GDP (2021)
- Manufacturing, value added (current LCU), per capita 678,506 current LCU per person (2021)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0979 constant 2015 US$ per US$ of GDP (2021)
- Manufacturing, value added (constant 2015 US$), per capita 396.15 constant 2015 US$ per person (2021)
- Manufacturing, value added (constant LCU), per capita 435,209 constant LCU per person (2021)
- Industry (including construction), value added (current US$), annual 63.3 % 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 2.6% 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 23.7% in 1998.
- What is the lowest industry (including construction), value added recorded in Lebanon?
- The lowest recorded value was 2.1% in 2023.
- How does Lebanon rank for industry (including construction), value added?
- Lebanon ranks 207th 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 83.8%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.