Net secondary income in Lebanon
Lebanon: Net secondary income was 5.98 billion BoP, current US$ in 2023. ◆ Volatile
Net secondary income in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net secondary income in Lebanon stood at 5.98 billion BoP, current US$. That is the highest value across all 22 years on record.
The figure is up 5.6% on the previous year and up 273.4% over ten years.
Over the whole period, net secondary income in Lebanon peaked at 5.98 billion BoP, current US$ in 2023 and was at its lowest, 77.66 million BoP, current US$, in 2002.
Lebanon ranks 27th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in Lebanon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 77.66 million BoP, current US$ | — |
| 2003 | 328.46 million BoP, current US$ | +322.9% |
| 2004 | 1.72 billion BoP, current US$ | +422.4% |
| 2005 | 1.06 billion BoP, current US$ | -38.1% |
| 2006 | 1.97 billion BoP, current US$ | +85.3% |
| 2007 | 2.77 billion BoP, current US$ | +40.6% |
| 2008 | 2.36 billion BoP, current US$ | -14.7% |
| 2009 | 1.83 billion BoP, current US$ | -22.6% |
| 2010 | 2.45 billion BoP, current US$ | +34.1% |
| 2011 | 2.34 billion BoP, current US$ | -4.4% |
| 2012 | 1.79 billion BoP, current US$ | -23.4% |
| 2013 | 1.60 billion BoP, current US$ | -10.8% |
| 2014 | 2.36 billion BoP, current US$ | +47.4% |
| 2015 | 3.39 billion BoP, current US$ | +43.8% |
| 2016 | 2.45 billion BoP, current US$ | -27.8% |
| 2017 | 1.21 billion BoP, current US$ | -50.8% |
| 2018 | 1.37 billion BoP, current US$ | +13.4% |
| 2019 | 2.92 billion BoP, current US$ | +113.9% |
| 2020 | 4.67 billion BoP, current US$ | +59.7% |
| 2021 | 5.32 billion BoP, current US$ | +13.9% |
| 2022 | 5.66 billion BoP, current US$ | +6.4% |
| 2023 | 5.98 billion BoP, current US$ | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.51 billion BoP, current US$ | 77.66 million BoP, current US$ | 2.77 billion BoP, current US$ | 8 |
| 2010s | 2.19 billion BoP, current US$ | 1.21 billion BoP, current US$ | 3.39 billion BoP, current US$ | 10 |
| 2020s | 5.41 billion BoP, current US$ | 4.67 billion BoP, current US$ | 5.98 billion BoP, current US$ | 4 |
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)
- Net primary income (Net income from abroad) (current LCU), annual -24.65 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 43.63 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.6059 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 2,710 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 49.78 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 54,231 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 242.59 million current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0 (2025)
Frequently asked questions
- What is net secondary income in Lebanon?
- Net secondary income in Lebanon was 5.98 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Lebanon?
- The highest recorded value was 5.98 billion BoP, current US$ in 2023.
- What is the lowest net secondary income recorded in Lebanon?
- The lowest recorded value was 77.66 million BoP, current US$ in 2002.
- How does Lebanon rank for net secondary income?
- Lebanon ranks 27th out of 199 countries with data for 2023.
- Is net secondary income rising or falling in Lebanon?
- Over the last ten years it is up 273.4%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.