Taxes less subsidies on products (constant LCU), annual growth rate in Lebanon
Lebanon: Taxes less subsidies on products (constant LCU), annual growth rate was -7.62 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Lebanon, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), annual growth rate in Lebanon is -7.62 % change on previous year, measured in 2024.
That represents a change of down 534.1% on the previous year and down 745.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Lebanon peaked at 27.21 % change on previous year in 1992 and was at its lowest, -67.89 % change on previous year, in 2020.
Lebanon ranks 177th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Lebanon, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 27.21 % change on previous year | — |
| 1993 | 21.64 % change on previous year | -20.5% |
| 1994 | 8.73 % change on previous year | -59.7% |
| 1995 | 24.66 % change on previous year | +182.5% |
| 1996 | 8.25 % change on previous year | -66.5% |
| 1997 | 2.39 % change on previous year | -71.0% |
| 1998 | 18.4 % change on previous year | +669.4% |
| 1999 | 13.05 % change on previous year | -29.1% |
| 2000 | -7.95 % change on previous year | -161.0% |
| 2001 | 3.86 % change on previous year | -148.5% |
| 2002 | 26.94 % change on previous year | +598.6% |
| 2003 | 13.94 % change on previous year | -48.3% |
| 2004 | -47.6 % change on previous year | -441.4% |
| 2005 | -4.63 % change on previous year | -90.3% |
| 2006 | -1.86 % change on previous year | -59.7% |
| 2007 | 24.19 % change on previous year | -1398.1% |
| 2008 | 26.33 % change on previous year | +8.9% |
| 2009 | 23.05 % change on previous year | -12.5% |
| 2010 | 6.17 % change on previous year | -73.2% |
| 2011 | -4.53 % change on previous year | -173.4% |
| 2012 | 13.21 % change on previous year | -391.8% |
| 2013 | 4.38 % change on previous year | -66.8% |
| 2014 | 1.18 % change on previous year | -73.1% |
| 2015 | 7.36 % change on previous year | +523.8% |
| 2016 | 2.51 % change on previous year | -65.9% |
| 2017 | 0.0088 % change on previous year | -99.6% |
| 2018 | -3.34 % change on previous year | -38110.1% |
| 2019 | -13.32 % change on previous year | +298.7% |
| 2020 | -67.89 % change on previous year | +409.6% |
| 2021 | -44.99 % change on previous year | -33.7% |
| 2022 | -1.05 % change on previous year | -97.7% |
| 2023 | 1.75 % change on previous year | -267.4% |
| 2024 | -7.62 % change on previous year | -534.1% |
Lebanon compared with similar countries
- Lebanon's -7.62 % change on previous year is below the median for lower middle income countries, which is 4.35 % change on previous year. (46 countries reporting)
- Lebanon's -7.62 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.13 % change on previous year. (20 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 2018 | -38110.1% | 0.0088 % change on previous year | -3.34 % change on previous year |
| 2007 | +1398.1% | -1.86 % change on previous year | 24.19 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.54 % change on previous year | 2.39 % change on previous year | 27.21 % change on previous year | 8 |
| 2000s | 5.63 % change on previous year | -47.6 % change on previous year | 26.94 % change on previous year | 10 |
| 2010s | 1.36 % change on previous year | -13.32 % change on previous year | 13.21 % change on previous year | 10 |
| 2020s | -23.96 % change on previous year | -67.89 % change on previous year | 1.75 % change on previous year | 5 |
Countries ranked near Lebanon
- 174 Lesotho -4.5 % change on previous year compare
- 175 Bolivia -5.91 % change on previous year compare
- 176 Bahamas -7.07 % change on previous year compare
- 178 Bangladesh -8.47 % change on previous year compare
- 179 Venezuela -8.9 % change on previous year compare
- 180 Zambia -9.14 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 390.72 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.015 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.3 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.84 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 181.11 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0709 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 317.35 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 21.14 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), annual growth rate in Lebanon?
- Taxes less subsidies on products (constant lcu), annual growth rate in Lebanon was -7.62 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Lebanon?
- The highest recorded value was 27.21 % change on previous year in 1992.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Lebanon?
- The lowest recorded value was -67.89 % change on previous year in 2020.
- How does Lebanon rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Lebanon ranks 177th out of 188 countries with data for 2024.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Lebanon?
- Over the last ten years it is down 745.7%. 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 Taxes less subsidies on products (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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.