Trade in services as share of GDP in Lebanon
Lebanon: Trade in services as share of GDP was 72.5% in 2023. ▼ Falling
Trade in services as share of GDP in Lebanon, 2002–2023
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for trade in services as share of gdp in Lebanon is 72.5%, measured in 2023.
The figure is up 2.5% on the previous year and up 19.6% over ten years.
Over the whole period, trade in services as share of gdp in Lebanon peaked at 106.8% in 2008 and was at its lowest, 30.8%, in 2020.
Lebanon ranks 22nd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Trade in services as share of GDP in Lebanon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 40.9% | — |
| 2003 | 79.5% | +94.5% |
| 2004 | 84.9% | +6.7% |
| 2005 | 87.2% | +2.8% |
| 2006 | 92.6% | +6.2% |
| 2007 | 91.6% | -1.1% |
| 2008 | 106.8% | +16.6% |
| 2009 | 87.4% | -18.1% |
| 2010 | 75.6% | -13.5% |
| 2011 | 77.0% | +1.8% |
| 2012 | 60.5% | -21.4% |
| 2013 | 60.6% | +0.1% |
| 2014 | 58.1% | -4.0% |
| 2015 | 59.3% | +2.0% |
| 2016 | 55.7% | -6.1% |
| 2017 | 54.8% | -1.6% |
| 2018 | 54.5% | -0.4% |
| 2019 | 52.0% | -4.7% |
| 2020 | 30.8% | -40.8% |
| 2021 | 46.6% | +51.4% |
| 2022 | 70.7% | +51.8% |
| 2023 | 72.5% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.9% | 40.9% | 106.8% | 8 |
| 2010s | 60.8% | 52.0% | 77.0% | 10 |
| 2020s | 55.1% | 30.8% | 72.5% | 4 |
Countries ranked near Lebanon
- 19 Saint Lucia 78.2% compare
- 20 Antigua and Barbuda 78.1% compare
- 21 Curaçao 75.6% compare
- 23 Turks and Caicos Islands 68.1% compare
- 24 Saint Kitts and Nevis 66.5% compare
- 25 Bahrain 62.3% 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.0994 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.453 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 2,026 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -6.83 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -11.4 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 45.85 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 935.33 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.18 million current LCU per person (2024)
Frequently asked questions
- What is trade in services as share of gdp in Lebanon?
- Trade in services as share of gdp in Lebanon was 72.5% in 2023, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Lebanon?
- The highest recorded value was 106.8% in 2008.
- What is the lowest trade in services as share of gdp recorded in Lebanon?
- The lowest recorded value was 30.8% in 2020.
- How does Lebanon rank for trade in services as share of gdp?
- Lebanon ranks 22nd out of 198 countries with data for 2023.
- Is trade in services as share of gdp rising or falling in Lebanon?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is falling.
- Where does this Lebanon data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).