Secondary income, other sectors, payments in Lebanon
Lebanon: Secondary income, other sectors, payments was 1.91 billion BoP, current US$ in 2023. ▲ Rising
Secondary income, other sectors, payments in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, secondary income, other sectors, payments in Lebanon stood at 1.91 billion BoP, current US$.
That represents a change of up 1.0% on the previous year and down 71.1% over ten years.
Over the whole period, secondary income, other sectors, payments in Lebanon peaked at 7.26 billion BoP, current US$ in 2014 and was at its lowest, 1.89 billion BoP, current US$, in 2022.
That places Lebanon 52nd out of 197 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Secondary income, other sectors, payments in Lebanon, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 2.51 billion BoP, current US$ | — |
| 2003 | 3.75 billion BoP, current US$ | +49.3% |
| 2004 | 3.60 billion BoP, current US$ | -3.8% |
| 2005 | 3.33 billion BoP, current US$ | -7.6% |
| 2006 | 3.19 billion BoP, current US$ | -4.3% |
| 2007 | 2.44 billion BoP, current US$ | -23.4% |
| 2008 | 3.68 billion BoP, current US$ | +51.0% |
| 2009 | 4.79 billion BoP, current US$ | +30.0% |
| 2010 | 5.47 billion BoP, current US$ | +14.1% |
| 2011 | 5.43 billion BoP, current US$ | -0.7% |
| 2012 | 6.30 billion BoP, current US$ | +16.0% |
| 2013 | 6.62 billion BoP, current US$ | +5.1% |
| 2014 | 7.26 billion BoP, current US$ | +9.7% |
| 2015 | 5.43 billion BoP, current US$ | -25.2% |
| 2016 | 6.45 billion BoP, current US$ | +18.8% |
| 2017 | 6.54 billion BoP, current US$ | +1.4% |
| 2018 | 6.34 billion BoP, current US$ | -3.1% |
| 2019 | 5.32 billion BoP, current US$ | -16.1% |
| 2020 | 2.99 billion BoP, current US$ | -43.9% |
| 2021 | 2.34 billion BoP, current US$ | -21.5% |
| 2022 | 1.89 billion BoP, current US$ | -19.2% |
| 2023 | 1.91 billion BoP, current US$ | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.41 billion BoP, current US$ | 2.44 billion BoP, current US$ | 4.79 billion BoP, current US$ | 8 |
| 2010s | 6.12 billion BoP, current US$ | 5.32 billion BoP, current US$ | 7.26 billion BoP, current US$ | 10 |
| 2020s | 2.28 billion BoP, current US$ | 1.89 billion BoP, current US$ | 2.99 billion BoP, current US$ | 4 |
Countries ranked near Lebanon
- 49 Greece 2.09 billion BoP, current US$ compare
- 50 New Zealand 2.07 billion BoP, current US$ compare
- 51 Finland 1.91 billion BoP, current US$ compare
- 53 Croatia 1.89 billion BoP, current US$ compare
- 54 Dominican Republic 1.87 billion BoP, current US$ compare
- 55 Belarus 1.65 billion BoP, current US$ 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)
- Services, value added (constant LCU), per capita 5.42 million constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 45.16 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.19 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.3941 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,763 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 16.99 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 35,269 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 157.77 million current LCU per person (2024)
Frequently asked questions
- What is secondary income, other sectors, payments in Lebanon?
- Secondary income, other sectors, payments in Lebanon was 1.91 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Lebanon?
- The highest recorded value was 7.26 billion BoP, current US$ in 2014.
- What is the lowest secondary income, other sectors, payments recorded in Lebanon?
- The lowest recorded value was 1.89 billion BoP, current US$ in 2022.
- How does Lebanon rank for secondary income, other sectors, payments?
- Lebanon ranks 52nd out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Lebanon?
- Over the last ten years it is down 71.1%. The long-run trend across the full record is rising.
- 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.