Personal remittances, paid (current US$), per unit of GDP in Lebanon
Lebanon: Personal remittances, paid (current US$), per unit of GDP was 0.0884 current US$ per US$ of GDP in 2023. ▼ Falling
Personal remittances, paid (current US$), per unit of GDP in Lebanon, 2002–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Lebanon recorded 0.0884 current US$ per US$ of GDP for personal remittances, paid (current us$), per unit of gdp in 2023.
The figure is up 6.9% on the previous year and down 16.3% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Lebanon peaked at 0.2032 current US$ per US$ of GDP in 2003 and was at its lowest, 0.0736 current US$ per US$ of GDP, in 2015.
That places Lebanon 7th out of 195 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 22 years of available data.
Personal remittances, paid (current US$), per unit of GDP in Lebanon, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2002 | 0.1316 current US$ per US$ of GDP | — |
| 2003 | 0.2032 current US$ per US$ of GDP | +54.4% |
| 2004 | 0.2 current US$ per US$ of GDP | -1.6% |
| 2005 | 0.1866 current US$ per US$ of GDP | -6.7% |
| 2006 | 0.1564 current US$ per US$ of GDP | -16.2% |
| 2007 | 0.1193 current US$ per US$ of GDP | -23.7% |
| 2008 | 0.1499 current US$ per US$ of GDP | +25.7% |
| 2009 | 0.1624 current US$ per US$ of GDP | +8.3% |
| 2010 | 0.1142 current US$ per US$ of GDP | -29.7% |
| 2011 | 0.1096 current US$ per US$ of GDP | -4.0% |
| 2012 | 0.1067 current US$ per US$ of GDP | -2.6% |
| 2013 | 0.1056 current US$ per US$ of GDP | -1.1% |
| 2014 | 0.0892 current US$ per US$ of GDP | -15.5% |
| 2015 | 0.0736 current US$ per US$ of GDP | -17.5% |
| 2016 | 0.0815 current US$ per US$ of GDP | +10.8% |
| 2017 | 0.084 current US$ per US$ of GDP | +3.0% |
| 2018 | 0.0912 current US$ per US$ of GDP | +8.6% |
| 2019 | 0.084 current US$ per US$ of GDP | -7.9% |
| 2020 | 0.087 current US$ per US$ of GDP | +3.5% |
| 2021 | 0.0834 current US$ per US$ of GDP | -4.1% |
| 2022 | 0.0827 current US$ per US$ of GDP | -0.8% |
| 2023 | 0.0884 current US$ per US$ of GDP | +6.9% |
Lebanon compared with similar countries
- Lebanon's 0.0884 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0053 current US$ per US$ of GDP, 16.7× the median. (47 countries reporting)
- Lebanon's 0.0884 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.009 current US$ per US$ of GDP, 9.8× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1637 current US$ per US$ of GDP | 0.1193 current US$ per US$ of GDP | 0.2032 current US$ per US$ of GDP | 8 |
| 2010s | 0.094 current US$ per US$ of GDP | 0.0736 current US$ per US$ of GDP | 0.1142 current US$ per US$ of GDP | 10 |
| 2020s | 0.0854 current US$ per US$ of GDP | 0.0827 current US$ per US$ of GDP | 0.0884 current US$ per US$ of GDP | 4 |
Countries ranked near Lebanon
- 4 Libya 0.1095 current US$ per US$ of GDP compare
- 5 Kuwait 0.1065 current US$ per US$ of GDP compare
- 6 Turks and Caicos Islands 0.0982 current US$ per US$ of GDP compare
- 8 Maldives 0.0882 current US$ per US$ of GDP compare
- 9 Oman 0.0857 current US$ per US$ of GDP compare
- 10 Cayman Islands 0.0779 current US$ per US$ of GDP 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)
- 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Lebanon?
- Personal remittances, paid (current us$), per unit of gdp in Lebanon was 0.0884 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Lebanon?
- The highest recorded value was 0.2032 current US$ per US$ of GDP in 2003.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Lebanon?
- The lowest recorded value was 0.0736 current US$ per US$ of GDP in 2015.
- How does Lebanon rank for personal remittances, paid (current us$), per unit of gdp?
- Lebanon ranks 7th out of 195 countries with data for 2023.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Lebanon?
- Over the last ten years it is down 16.3%. The long-run trend across the full record is falling.
- Where does this Lebanon data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.