Services, value added (constant LCU), annual growth rate in Lebanon
Lebanon: Services, value added (constant LCU), annual growth rate was -7.14 % change on previous year in 2024. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Lebanon, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lebanon recorded -7.14 % change on previous year for services, value added (constant lcu), annual growth rate in 2024.
The figure is down 594.2% on the previous year and down 337.2% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Lebanon peaked at 23.14 % change on previous year in 2004 and was at its lowest, -18.27 % change on previous year, in 2020.
Lebanon ranks 196th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), annual growth rate in Lebanon, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 16.19 % change on previous year | — |
| 1993 | 10.02 % change on previous year | -38.1% |
| 1994 | 8.18 % change on previous year | -18.3% |
| 1995 | 4.04 % change on previous year | -50.6% |
| 1996 | 12.57 % change on previous year | +211.2% |
| 1997 | 0.203 % change on previous year | -98.4% |
| 1998 | 1.77 % change on previous year | +773.9% |
| 1999 | -2.05 % change on previous year | -215.5% |
| 2000 | 3.6 % change on previous year | -275.9% |
| 2001 | 4.89 % change on previous year | +35.6% |
| 2002 | -0.8464 % change on previous year | -117.3% |
| 2003 | 1 % change on previous year | -218.4% |
| 2004 | 23.14 % change on previous year | +2209.2% |
| 2005 | 3.36 % change on previous year | -85.5% |
| 2006 | 2.23 % change on previous year | -33.8% |
| 2007 | 6.45 % change on previous year | +189.9% |
| 2008 | 7.82 % change on previous year | +21.2% |
| 2009 | 9.02 % change on previous year | +15.4% |
| 2010 | 8.58 % change on previous year | -4.9% |
| 2011 | 1.07 % change on previous year | -87.5% |
| 2012 | 1.47 % change on previous year | +37.4% |
| 2013 | 3.41 % change on previous year | +132.3% |
| 2014 | 3.01 % change on previous year | -11.9% |
| 2015 | 1.44 % change on previous year | -52.0% |
| 2016 | 1.09 % change on previous year | -24.5% |
| 2017 | 1.02 % change on previous year | -6.3% |
| 2018 | -1.35 % change on previous year | -231.5% |
| 2019 | -4.64 % change on previous year | +245.1% |
| 2020 | -18.27 % change on previous year | +293.7% |
| 2021 | -4.87 % change on previous year | -73.3% |
| 2022 | -0.6062 % change on previous year | -87.6% |
| 2023 | -1.03 % change on previous year | +69.6% |
| 2024 | -7.14 % change on previous year | +594.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.36 % change on previous year | -2.05 % change on previous year | 16.19 % change on previous year | 8 |
| 2000s | 6.07 % change on previous year | -0.8464 % change on previous year | 23.14 % change on previous year | 10 |
| 2010s | 1.51 % change on previous year | -4.64 % change on previous year | 8.58 % change on previous year | 10 |
| 2020s | -6.38 % change on previous year | -18.27 % change on previous year | -0.6062 % change on previous year | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0143 current US$ per US$ of GDP (2021)
- Manufacturing, value added (current US$), per capita 57.72 current US$ per person (2021)
- Manufacturing, value added (current LCU), per unit of GDP 167.72 current LCU per US$ of GDP (2021)
- Manufacturing, value added (current LCU), per capita 678,506 current LCU per person (2021)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0979 constant 2015 US$ per US$ of GDP (2021)
- Manufacturing, value added (constant 2015 US$), per capita 396.15 constant 2015 US$ per person (2021)
- Manufacturing, value added (constant LCU), per capita 435,209 constant LCU per person (2021)
- Industry (including construction), value added (current US$), annual 63.3 % change on previous year (2024)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Lebanon?
- Services, value added (constant lcu), annual growth rate in Lebanon was -7.14 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Lebanon?
- The highest recorded value was 23.14 % change on previous year in 2004.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Lebanon?
- The lowest recorded value was -18.27 % change on previous year in 2020.
- How does Lebanon rank for services, value added (constant lcu), annual growth rate?
- Lebanon ranks 196th out of 196 countries with data for 2024.
- Is services, value added (constant lcu), annual growth rate rising or falling in Lebanon?
- Over the last ten years it is down 337.2%. 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 Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.