Services, value added in Lebanon
Lebanon: Services, value added was 9.28 billion current US$ in 2024. ◆ Volatile
Services, value added in Lebanon, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Lebanon is 9.28 billion current US$, measured in 2024.
Compared with earlier readings it is up 9.0% on the previous year and down 73.8% over ten years.
Over the whole period, services, value added in Lebanon peaked at 42.27 billion current US$ in 2018 and was at its lowest, 5.94 billion current US$, in 1994.
Lebanon ranks 136th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.55 billion current US$ | 5.94 billion current US$ | 10.27 billion current US$ | 6 |
| 2000s | 15.40 billion current US$ | 10.62 billion current US$ | 24.49 billion current US$ | 10 |
| 2010s | 35.64 billion current US$ | 27.63 billion current US$ | 42.27 billion current US$ | 10 |
| 2020s | 17.18 billion current US$ | 8.51 billion current US$ | 27.72 billion current US$ | 5 |
Countries ranked near Lebanon
More economy & growth data for Lebanon
- External balance on goods and services as a percent of GDP -35.6% (2024)
- Inflation of consumer prices 14.6% (2025)
- GDP per capita 5,391 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 1.4% (2021)
- Gross domestic product (GDP) 31.30 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 5,391 constant 2015 US$ (2024)
- DEC alternative conversion factor 89,500 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 571.94 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 6.39 billion current US$ (2024)
- Taxes less subsidies on products 1,408.46 trillion current LCU (2024)
Frequently asked questions
- What is services, value added in Lebanon?
- Services, value added in Lebanon was 9.28 billion current 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 42.27 billion current US$ in 2018.
- What is the lowest services, value added recorded in Lebanon?
- The lowest recorded value was 5.94 billion current US$ in 1994.
- How does Lebanon rank for services, value added?
- Lebanon ranks 136th out of 203 countries with data for 2024.
- Is services, value added rising or falling in Lebanon?
- Over the last ten years it is down 73.8%. The long-run trend across the full record is volatile.
- 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 (current 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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.