Services, value added (current LCU), annual growth rate in Lebanon
Lebanon: Services, value added (current LCU), annual growth rate was 13.71 % change on previous year in 2024. ◆ Volatile
Services, value added (current LCU), annual growth rate in Lebanon, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current lcu), annual growth rate in Lebanon is 13.71 % change on previous year, measured in 2024.
That represents a change of down 68.7% on the previous year and up 177.5% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Lebanon peaked at 150.39 % change on previous year in 2021 and was at its lowest, -0.1811 % change on previous year, in 2019.
That places Lebanon 33rd out of 204 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Lebanon, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 14.99 % change on previous year | — |
| 1996 | 14.78 % change on previous year | -1.5% |
| 1997 | 11.57 % change on previous year | -21.7% |
| 1998 | 3.77 % change on previous year | -67.4% |
| 1999 | 1.54 % change on previous year | -59.1% |
| 2000 | 3.36 % change on previous year | +118.3% |
| 2001 | 2.12 % change on previous year | -36.9% |
| 2002 | 6.25 % change on previous year | +194.3% |
| 2003 | 3.85 % change on previous year | -38.5% |
| 2004 | 22.15 % change on previous year | +476.0% |
| 2005 | 4.64 % change on previous year | -79.1% |
| 2006 | 4.82 % change on previous year | +4.0% |
| 2007 | 9.57 % change on previous year | +98.4% |
| 2008 | 20.08 % change on previous year | +109.8% |
| 2009 | 16.11 % change on previous year | -19.8% |
| 2010 | 12.8 % change on previous year | -20.6% |
| 2011 | 6.28 % change on previous year | -50.9% |
| 2012 | 9.38 % change on previous year | +49.3% |
| 2013 | 5.22 % change on previous year | -44.4% |
| 2014 | 4.94 % change on previous year | -5.3% |
| 2015 | 3.92 % change on previous year | -20.7% |
| 2016 | 2.99 % change on previous year | -23.7% |
| 2017 | 5.38 % change on previous year | +79.9% |
| 2018 | 5.69 % change on previous year | +5.9% |
| 2019 | -0.1811 % change on previous year | -103.2% |
| 2020 | 60.75 % change on previous year | -33642.2% |
| 2021 | 150.39 % change on previous year | +147.6% |
| 2022 | 98.46 % change on previous year | -34.5% |
| 2023 | 43.75 % change on previous year | -55.6% |
| 2024 | 13.71 % change on previous year | -68.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.33 % change on previous year | 1.54 % change on previous year | 14.99 % change on previous year | 5 |
| 2000s | 9.3 % change on previous year | 2.12 % change on previous year | 22.15 % change on previous year | 10 |
| 2010s | 5.64 % change on previous year | -0.1811 % change on previous year | 12.8 % change on previous year | 10 |
| 2020s | 73.41 % change on previous year | 13.71 % change on previous year | 150.39 % change on previous year | 5 |
Countries ranked near Lebanon
- 30 Samoa 14.99 % change on previous year compare
- 31 Bhutan 14.96 % change on previous year compare
- 32 Lesotho 13.74 % change on previous year compare
- 34 Sao Tome and Principe 13.56 % change on previous year compare
- 35 Palau 13.55 % change on previous year compare
- 36 Belarus 13.37 % 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)
- Services, value added (current US$), annual growth rate 9.05 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.3573 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,598 current US$ per person (2024)
- Services, value added (current LCU), per unit of GDP 31,976 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 143.04 million current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate -7.14 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.9682 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 4,331 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Lebanon?
- Services, value added (current lcu), annual growth rate in Lebanon was 13.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Lebanon?
- The highest recorded value was 150.39 % change on previous year in 2021.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Lebanon?
- The lowest recorded value was -0.1811 % change on previous year in 2019.
- How does Lebanon rank for services, value added (current lcu), annual growth rate?
- Lebanon ranks 33rd out of 204 countries with data for 2024.
- Is services, value added (current lcu), annual growth rate rising or falling in Lebanon?
- Over the last ten years it is up 177.5%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.