Gross domestic product (GDP) in Lebanon
Lebanon: Gross domestic product (GDP) was 27.79 billion current GBP in 2014. ◆ Volatile
Gross domestic product (GDP) in Lebanon, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Lebanon recorded 27.79 billion current GBP for gross domestic product (gdp) in 2014.
Compared with earlier readings it is down 2.0% on the previous year and up 142.8% over ten years.
Over the whole period, gross domestic product (gdp) in Lebanon peaked at 28.37 billion current GBP in 2013 and was at its lowest, 45.56 million current GBP, in 1949.
That places Lebanon 89th out of 200 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Lebanon, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 45.56 million current GBP | — |
| 1950 | 66.44 million current GBP | +45.8% |
| 1951 | 73.03 million current GBP | +9.9% |
| 1952 | 80.20 million current GBP | +9.8% |
| 1953 | 87.95 million current GBP | +9.7% |
| 1954 | 95.82 million current GBP | +9.0% |
| 1955 | 104.84 million current GBP | +9.4% |
| 1956 | 112.89 million current GBP | +7.7% |
| 1957 | 125.27 million current GBP | +11.0% |
| 1958 | 135.61 million current GBP | +8.3% |
| 1959 | 171.71 million current GBP | +26.6% |
| 1960 | 211.56 million current GBP | +23.2% |
| 1961 | 254.93 million current GBP | +20.5% |
| 1962 | 302.07 million current GBP | +18.5% |
| 1963 | 337.27 million current GBP | +11.7% |
| 1964 | 371.82 million current GBP | +10.2% |
| 1965 | 409.60 million current GBP | +10.2% |
| 1966 | 441.13 million current GBP | +7.7% |
| 1967 | 431.65 million current GBP | -2.1% |
| 1968 | 563.99 million current GBP | +30.7% |
| 1969 | 584.43 million current GBP | +3.6% |
| 1970 | 620.23 million current GBP | +6.1% |
| 1971 | 687.34 million current GBP | +10.8% |
| 1972 | 835.37 million current GBP | +21.5% |
| 1973 | 1.11 billion current GBP | +33.0% |
| 1974 | 1.46 billion current GBP | +31.6% |
| 1975 | 1.25 billion current GBP | -14.3% |
| 1976 | 1.34 billion current GBP | +6.7% |
| 1977 | 1.53 billion current GBP | +14.5% |
| 1978 | 1.55 billion current GBP | +1.4% |
| 1979 | 1.62 billion current GBP | +4.6% |
| 1980 | 1.75 billion current GBP | +8.0% |
| 1981 | 1.94 billion current GBP | +10.5% |
| 1982 | 1.52 billion current GBP | -21.5% |
| 1983 | 3.52 billion current GBP | +131.7% |
| 1984 | 1.28 billion current GBP | -63.7% |
| 1985 | 1.05 billion current GBP | -17.7% |
| 1986 | 919.60 million current GBP | -12.6% |
| 1987 | 632.73 million current GBP | -31.2% |
| 1988 | 1.86 billion current GBP | +194.4% |
| 1989 | 1.66 billion current GBP | -10.8% |
| 1990 | 1.60 billion current GBP | -3.8% |
| 1991 | 2.52 billion current GBP | +57.9% |
| 1992 | 3.16 billion current GBP | +25.2% |
| 1993 | 5.02 billion current GBP | +59.0% |
| 1994 | 6.27 billion current GBP | +24.8% |
| 1995 | 7.43 billion current GBP | +18.4% |
| 1996 | 8.77 billion current GBP | +18.2% |
| 1997 | 9.62 billion current GBP | +9.7% |
| 1998 | 10.41 billion current GBP | +8.2% |
| 1999 | 10.75 billion current GBP | +3.2% |
| 2000 | 11.41 billion current GBP | +6.1% |
| 2001 | 12.26 billion current GBP | +7.5% |
| 2002 | 12.78 billion current GBP | +4.2% |
| 2003 | 12.30 billion current GBP | -3.7% |
| 2004 | 11.45 billion current GBP | -7.0% |
| 2005 | 11.71 billion current GBP | +2.3% |
| 2006 | 11.85 billion current GBP | +1.2% |
| 2007 | 12.28 billion current GBP | +3.7% |
| 2008 | 15.68 billion current GBP | +27.7% |
| 2009 | 22.56 billion current GBP | +43.8% |
| 2010 | 24.60 billion current GBP | +9.1% |
| 2011 | 25.01 billion current GBP | +1.7% |
| 2012 | 27.35 billion current GBP | +9.3% |
| 2013 | 28.37 billion current GBP | +3.7% |
| 2014 | 27.79 billion current GBP | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 45.56 million current GBP | 45.56 million current GBP | 45.56 million current GBP | 1 |
| 1950s | 105.38 million current GBP | 66.44 million current GBP | 171.71 million current GBP | 10 |
| 1960s | 390.85 million current GBP | 211.56 million current GBP | 584.43 million current GBP | 10 |
| 1970s | 1.20 billion current GBP | 620.23 million current GBP | 1.62 billion current GBP | 10 |
| 1980s | 1.61 billion current GBP | 632.73 million current GBP | 3.52 billion current GBP | 10 |
| 1990s | 6.56 billion current GBP | 1.60 billion current GBP | 10.75 billion current GBP | 10 |
| 2000s | 13.43 billion current GBP | 11.41 billion current GBP | 22.56 billion current GBP | 10 |
| 2010s | 26.63 billion current GBP | 24.60 billion current GBP | 28.37 billion current GBP | 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)
- Industry (including construction), value added (constant 2015 US$) -5.85 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1953 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 873.7 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual -5.85 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 202.53 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 905,948 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 9.05 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.3573 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Lebanon?
- Gross domestic product (gdp) in Lebanon was 27.79 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Lebanon?
- The highest recorded value was 28.37 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Lebanon?
- The lowest recorded value was 45.56 million current GBP in 1949.
- How does Lebanon rank for gross domestic product (gdp)?
- Lebanon ranks 89th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Lebanon?
- Over the last ten years it is up 142.8%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.