Services, value added (% of GDP) in Lebanon
Lebanon: Services, value added (% of GDP) was 35.7% in 2024. ▲ Rising
Services, value added in Lebanon, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Lebanon recorded 35.7% for services, value added in 2024. That is the lowest value across all 31 years on record.
That represents a change of down 15.7% on the previous year and down 51.5% over ten years.
Over the whole period, services, value added in Lebanon peaked at 94.1% in 2021 and was at its lowest, 35.7%, in 2024.
That places Lebanon 198th out of 206 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added (% of GDP) in Lebanon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 61.9% | — |
| 1995 | 60.4% | -2.4% |
| 1996 | 61.2% | +1.4% |
| 1997 | 60.6% | -1.0% |
| 1998 | 58.3% | -3.8% |
| 1999 | 59.1% | +1.3% |
| 2000 | 61.5% | +4.2% |
| 2001 | 61.4% | -0.1% |
| 2002 | 60.2% | -2.1% |
| 2003 | 59.6% | -1.0% |
| 2004 | 69.1% | +15.9% |
| 2005 | 71.1% | +3.0% |
| 2006 | 72.8% | +2.3% |
| 2007 | 70.8% | -2.8% |
| 2008 | 72.4% | +2.4% |
| 2009 | 69.2% | -4.5% |
| 2010 | 71.9% | +3.9% |
| 2011 | 73.5% | +2.3% |
| 2012 | 73.0% | -0.8% |
| 2013 | 72.1% | -1.2% |
| 2014 | 73.7% | +2.3% |
| 2015 | 73.8% | +0.1% |
| 2016 | 74.2% | +0.5% |
| 2017 | 75.4% | +1.6% |
| 2018 | 77.0% | +2.1% |
| 2019 | 79.3% | +3.0% |
| 2020 | 87.4% | +10.2% |
| 2021 | 94.1% | +7.7% |
| 2022 | 88.6% | -5.9% |
| 2023 | 42.4% | -52.2% |
| 2024 | 35.7% | -15.7% |
Lebanon compared with similar countries
- Lebanon's 35.7% is below the median for lower middle income countries, which is 51.2%, 70% of the median. (47 countries reporting)
- Lebanon's 35.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 50.9%, 70% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Services, value added (% of GDP) 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 |
|---|---|---|---|
| 2023 | -52.2% | 88.6% | 42.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 60.3% | 58.3% | 61.9% | 6 |
| 2000s | 66.8% | 59.6% | 72.8% | 10 |
| 2010s | 74.4% | 71.9% | 79.3% | 10 |
| 2020s | 69.7% | 35.7% | 94.1% | 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)
- 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 35.7% 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 94.1% in 2021.
- What is the lowest services, value added recorded in Lebanon?
- The lowest recorded value was 35.7% in 2024.
- How does Lebanon rank for services, value added?
- Lebanon ranks 198th out of 206 countries with data for 2024.
- Is services, value added rising or falling in Lebanon?
- Over the last ten years it is down 51.5%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.