Service imports (BoP, current US$), annual growth rate in Lebanon
Lebanon: Service imports (BoP, current US$), annual growth rate was 0.6216 % change on previous year in 2023. ◆ Volatile
Service imports (BoP, current US$), annual growth rate in Lebanon, 2003–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service imports (bop, current us$), annual growth rate in Lebanon is 0.6216 % change on previous year, measured in 2023.
The figure is down 98.1% on the previous year and down 94.9% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Lebanon peaked at 93.37 % change on previous year in 2003 and was at its lowest, -63.5 % change on previous year, in 2020.
That places Lebanon 153rd out of 199 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Lebanon, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 93.37 % change on previous year | — |
| 2004 | 26.89 % change on previous year | -71.2% |
| 2005 | -4.11 % change on previous year | -115.3% |
| 2006 | 10.65 % change on previous year | -359.0% |
| 2007 | 14.35 % change on previous year | +34.7% |
| 2008 | 34.81 % change on previous year | +142.6% |
| 2009 | 4.34 % change on previous year | -87.5% |
| 2010 | -7.18 % change on previous year | -265.5% |
| 2011 | -6.79 % change on previous year | -5.5% |
| 2012 | -5.33 % change on previous year | -21.5% |
| 2013 | 12.27 % change on previous year | -330.2% |
| 2014 | 2.33 % change on previous year | -81.0% |
| 2015 | 3.61 % change on previous year | +55.1% |
| 2016 | -3 % change on previous year | -183.0% |
| 2017 | 4.34 % change on previous year | -244.6% |
| 2018 | 3.41 % change on previous year | -21.4% |
| 2019 | -8.17 % change on previous year | -339.8% |
| 2020 | -63.5 % change on previous year | +677.2% |
| 2021 | 2.76 % change on previous year | -104.3% |
| 2022 | 33.43 % change on previous year | +1111.4% |
| 2023 | 0.6216 % change on previous year | -98.1% |
Lebanon compared with similar countries
- Lebanon's 0.6216 % change on previous year is below the median for lower middle income countries, which is 6.03 % change on previous year, 10% of the median. (47 countries reporting)
- Lebanon's 0.6216 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.82 % change on previous year, 11% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +1111.4% | 2.76 % change on previous year | 33.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.76 % change on previous year | -4.11 % change on previous year | 93.37 % change on previous year | 7 |
| 2010s | -0.452 % change on previous year | -8.17 % change on previous year | 12.27 % change on previous year | 10 |
| 2020s | -6.67 % change on previous year | -63.5 % change on previous year | 33.43 % change on previous year | 4 |
Countries ranked near Lebanon
- 150 Georgia 0.9993 % change on previous year compare
- 151 Azerbaijan 0.815 % change on previous year compare
- 152 Madagascar 0.7087 % change on previous year compare
- 154 Canada 0.5928 % change on previous year compare
- 155 Ecuador 0.3352 % change on previous year compare
- 156 Angola 0.2155 % change on previous year compare
More economy & growth data for Lebanon
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.87 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -0 Percent per annum (2022)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is service imports (bop, current us$), annual growth rate in Lebanon?
- Service imports (bop, current us$), annual growth rate in Lebanon was 0.6216 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Lebanon?
- The highest recorded value was 93.37 % change on previous year in 2003.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Lebanon?
- The lowest recorded value was -63.5 % change on previous year in 2020.
- How does Lebanon rank for service imports (bop, current us$), annual growth rate?
- Lebanon ranks 153rd out of 199 countries with data for 2023.
- Is service imports (bop, current us$), annual growth rate rising or falling in Lebanon?
- Over the last ten years it is down 94.9%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.