Services, value added (constant 2015 US$) in Lebanon
Lebanon: Services, value added (constant 2015 US$) was 25.14 billion constant 2015 US$ in 2024. ▲ Rising
Services, value added in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Lebanon is 25.14 billion constant 2015 US$, measured in 2024.
Compared with earlier readings it is down 7.1% on the previous year and down 30.8% over ten years.
Over the whole period, services, value added in Lebanon peaked at 37.63 billion constant 2015 US$ in 2017 and was at its lowest, 10.68 billion constant 2015 US$, in 1991.
Lebanon ranks 91st of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Services, value added (constant 2015 US$) in Lebanon, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 10.68 billion constant 2015 US$ | — |
| 1992 | 12.41 billion constant 2015 US$ | +16.2% |
| 1993 | 13.66 billion constant 2015 US$ | +10.0% |
| 1994 | 14.77 billion constant 2015 US$ | +8.2% |
| 1995 | 15.37 billion constant 2015 US$ | +4.0% |
| 1996 | 17.30 billion constant 2015 US$ | +12.6% |
| 1997 | 17.34 billion constant 2015 US$ | +0.2% |
| 1998 | 17.65 billion constant 2015 US$ | +1.8% |
| 1999 | 17.28 billion constant 2015 US$ | -2.0% |
| 2000 | 17.91 billion constant 2015 US$ | +3.6% |
| 2001 | 18.78 billion constant 2015 US$ | +4.9% |
| 2002 | 18.62 billion constant 2015 US$ | -0.8% |
| 2003 | 18.81 billion constant 2015 US$ | +1.0% |
| 2004 | 23.16 billion constant 2015 US$ | +23.1% |
| 2005 | 23.94 billion constant 2015 US$ | +3.4% |
| 2006 | 24.47 billion constant 2015 US$ | +2.2% |
| 2007 | 26.05 billion constant 2015 US$ | +6.5% |
| 2008 | 28.09 billion constant 2015 US$ | +7.8% |
| 2009 | 30.62 billion constant 2015 US$ | +9.0% |
| 2010 | 33.25 billion constant 2015 US$ | +8.6% |
| 2011 | 33.61 billion constant 2015 US$ | +1.1% |
| 2012 | 34.10 billion constant 2015 US$ | +1.5% |
| 2013 | 35.27 billion constant 2015 US$ | +3.4% |
| 2014 | 36.33 billion constant 2015 US$ | +3.0% |
| 2015 | 36.85 billion constant 2015 US$ | +1.4% |
| 2016 | 37.25 billion constant 2015 US$ | +1.1% |
| 2017 | 37.63 billion constant 2015 US$ | +1.0% |
| 2018 | 37.13 billion constant 2015 US$ | -1.3% |
| 2019 | 35.40 billion constant 2015 US$ | -4.6% |
| 2020 | 28.93 billion constant 2015 US$ | -18.3% |
| 2021 | 27.53 billion constant 2015 US$ | -4.9% |
| 2022 | 27.36 billion constant 2015 US$ | -0.6% |
| 2023 | 27.08 billion constant 2015 US$ | -1.0% |
| 2024 | 25.14 billion constant 2015 US$ | -7.1% |
Lebanon compared with similar countries
- Lebanon's 25.14 billion constant 2015 US$ is above the median for lower middle income countries, which is 12.91 billion constant 2015 US$, 1.9× the median. (46 countries reporting)
- Lebanon's 25.14 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 48.28 billion constant 2015 US$, 52% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.16 billion constant 2015 US$ | 10.68 billion constant 2015 US$ | 17.65 billion constant 2015 US$ | 9 |
| 2000s | 23.05 billion constant 2015 US$ | 17.91 billion constant 2015 US$ | 30.62 billion constant 2015 US$ | 10 |
| 2010s | 35.68 billion constant 2015 US$ | 33.25 billion constant 2015 US$ | 37.63 billion constant 2015 US$ | 10 |
| 2020s | 27.21 billion constant 2015 US$ | 25.14 billion constant 2015 US$ | 28.93 billion constant 2015 US$ | 5 |
Countries ranked near Lebanon
- 88 Libya 28.43 billion constant 2015 US$ compare
- 89 Bahrain 25.90 billion constant 2015 US$ compare
- 90 Cyprus 25.22 billion constant 2015 US$ compare
- 92 Paraguay 24.72 billion constant 2015 US$ compare
- 93 Democratic Republic of Congo 24.72 billion constant 2015 US$ compare
- 94 Myanmar 24.10 billion constant 2015 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)
- SDRs holdings, US dollar, annual growth rate -18.65 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 1.42 units per person (2025)
- SDRs holdings, SDR, annual growth rate -22.54 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 1.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0255 units per US$ of GDP (2024)
Frequently asked questions
- What is services, value added in Lebanon?
- Services, value added in Lebanon was 25.14 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Lebanon?
- The highest recorded value was 37.63 billion constant 2015 US$ in 2017.
- What is the lowest services, value added recorded in Lebanon?
- The lowest recorded value was 10.68 billion constant 2015 US$ in 1991.
- How does Lebanon rank for services, value added?
- Lebanon ranks 91st out of 196 countries with data for 2024.
- Is services, value added rising or falling in Lebanon?
- Over the last ten years it is down 30.8%. The long-run trend across the full record is rising.
- Where does this Lebanon data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.