PPP conversion factor, GDP in Lebanon
Lebanon: PPP conversion factor, GDP was 33,594 LCU per international $ in 2024. ◆ Volatile
PPP conversion factor, GDP in Lebanon, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2024, ppp conversion factor, gdp in Lebanon stood at 33,594 LCU per international $. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 41.6% on the previous year and up 4,646.5% over ten years.
Over the whole period, ppp conversion factor, gdp in Lebanon peaked at 33,594 LCU per international $ in 2024 and was at its lowest, 183.52 LCU per international $, in 1990.
That places Lebanon 2nd out of 205 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
PPP conversion factor, GDP in Lebanon, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 183.52 LCU per international $ | — |
| 1991 | 262.12 LCU per international $ | +42.8% |
| 1992 | 505.98 LCU per international $ | +93.0% |
| 1993 | 616.55 LCU per international $ | +21.9% |
| 1994 | 651.2 LCU per international $ | +5.6% |
| 1995 | 705.93 LCU per international $ | +8.4% |
| 1996 | 705.29 LCU per international $ | -0.1% |
| 1997 | 773.39 LCU per international $ | +9.7% |
| 1998 | 795.53 LCU per international $ | +2.9% |
| 1999 | 790.8 LCU per international $ | -0.6% |
| 2000 | 757.14 LCU per international $ | -4.3% |
| 2001 | 729.17 LCU per international $ | -3.7% |
| 2002 | 753.35 LCU per international $ | +3.3% |
| 2003 | 750.45 LCU per international $ | -0.4% |
| 2004 | 721.77 LCU per international $ | -3.8% |
| 2005 | 692.4 LCU per international $ | -4.1% |
| 2006 | 677.6 LCU per international $ | -2.1% |
| 2007 | 680.39 LCU per international $ | +0.4% |
| 2008 | 717.82 LCU per international $ | +5.5% |
| 2009 | 786.79 LCU per international $ | +9.6% |
| 2010 | 781.84 LCU per international $ | -0.6% |
| 2011 | 788.75 LCU per international $ | +0.9% |
| 2012 | 786.13 LCU per international $ | -0.3% |
| 2013 | 754.17 LCU per international $ | -4.1% |
| 2014 | 707.77 LCU per international $ | -6.2% |
| 2015 | 682.22 LCU per international $ | -3.6% |
| 2016 | 643.81 LCU per international $ | -5.6% |
| 2017 | 619.01 LCU per international $ | -3.9% |
| 2018 | 629.08 LCU per international $ | +1.6% |
| 2019 | 637.47 LCU per international $ | +1.3% |
| 2020 | 1,261 LCU per international $ | +97.9% |
| 2021 | 4,100 LCU per international $ | +225.0% |
| 2022 | 8,120 LCU per international $ | +98.1% |
| 2023 | 23,717 LCU per international $ | +192.1% |
| 2024 | 33,594 LCU per international $ | +41.6% |
Lebanon compared with similar countries
- Lebanon's 33,594 LCU per international $ is above the median for lower middle income countries, which is 29.19 LCU per international $, 1150.7× the median. (47 countries reporting)
- Lebanon's 33,594 LCU per international $ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.49 LCU per international $, 9632.1× the median. (23 countries reporting)
Biggest year-on-year movements
Years where PPP conversion factor, GDP in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +225.0% | 1,261 LCU per international $ | 4,100 LCU per international $ |
| 2023 | +192.1% | 8,120 LCU per international $ | 23,717 LCU per international $ |
| 2020 | +97.9% | 637.47 LCU per international $ | 1,261 LCU per international $ |
| 2022 | +98.1% | 4,100 LCU per international $ | 8,120 LCU per international $ |
| 1992 | +93.0% | 262.12 LCU per international $ | 505.98 LCU per international $ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 599.03 LCU per international $ | 183.52 LCU per international $ | 795.53 LCU per international $ | 10 |
| 2000s | 726.69 LCU per international $ | 677.6 LCU per international $ | 786.79 LCU per international $ | 10 |
| 2010s | 703.03 LCU per international $ | 619.01 LCU per international $ | 788.75 LCU per international $ | 10 |
| 2020s | 14,158 LCU per international $ | 1,261 LCU per international $ | 33,594 LCU per international $ | 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)
- 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 ppp conversion factor, gdp in Lebanon?
- Ppp conversion factor, gdp in Lebanon was 33,594 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Lebanon?
- The highest recorded value was 33,594 LCU per international $ in 2024.
- What is the lowest ppp conversion factor, gdp recorded in Lebanon?
- The lowest recorded value was 183.52 LCU per international $ in 1990.
- How does Lebanon rank for ppp conversion factor, gdp?
- Lebanon ranks 2nd out of 205 countries with data for 2024.
- Is ppp conversion factor, gdp rising or falling in Lebanon?
- Over the last ten years it is up 4,646.5%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.