Taxes less subsidies on products in Lebanon
Lebanon: Taxes less subsidies on products was 1.05 trillion constant LCU in 2024. ◆ Volatile
Taxes less subsidies on products in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, taxes less subsidies on products in Lebanon stood at 1.05 trillion constant LCU. That is the lowest value across all 34 years on record.
Compared with earlier readings it is down 7.6% on the previous year and down 84.9% over ten years.
Over the whole period, taxes less subsidies on products in Lebanon peaked at 7.62 trillion constant LCU in 2017 and was at its lowest, 1.05 trillion constant LCU, in 2024.
That places Lebanon 33rd out of 189 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.
Taxes less subsidies on products in Lebanon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1991 | 1.40 trillion constant LCU | — |
| 1992 | 1.78 trillion constant LCU | +27.2% |
| 1993 | 2.17 trillion constant LCU | +21.6% |
| 1994 | 2.36 trillion constant LCU | +8.7% |
| 1995 | 2.94 trillion constant LCU | +24.7% |
| 1996 | 3.18 trillion constant LCU | +8.3% |
| 1997 | 3.26 trillion constant LCU | +2.4% |
| 1998 | 3.86 trillion constant LCU | +18.4% |
| 1999 | 4.36 trillion constant LCU | +13.0% |
| 2000 | 4.02 trillion constant LCU | -8.0% |
| 2001 | 4.17 trillion constant LCU | +3.9% |
| 2002 | 5.30 trillion constant LCU | +26.9% |
| 2003 | 6.03 trillion constant LCU | +13.9% |
| 2004 | 3.16 trillion constant LCU | -47.6% |
| 2005 | 3.02 trillion constant LCU | -4.6% |
| 2006 | 2.96 trillion constant LCU | -1.9% |
| 2007 | 3.68 trillion constant LCU | +24.2% |
| 2008 | 4.64 trillion constant LCU | +26.3% |
| 2009 | 5.71 trillion constant LCU | +23.0% |
| 2010 | 6.07 trillion constant LCU | +6.2% |
| 2011 | 5.79 trillion constant LCU | -4.5% |
| 2012 | 6.56 trillion constant LCU | +13.2% |
| 2013 | 6.84 trillion constant LCU | +4.4% |
| 2014 | 6.92 trillion constant LCU | +1.2% |
| 2015 | 7.43 trillion constant LCU | +7.4% |
| 2016 | 7.62 trillion constant LCU | +2.5% |
| 2017 | 7.62 trillion constant LCU | +0.0% |
| 2018 | 7.37 trillion constant LCU | -3.3% |
| 2019 | 6.39 trillion constant LCU | -13.3% |
| 2020 | 2.05 trillion constant LCU | -67.9% |
| 2021 | 1.13 trillion constant LCU | -45.0% |
| 2022 | 1.12 trillion constant LCU | -1.0% |
| 2023 | 1.14 trillion constant LCU | +1.8% |
| 2024 | 1.05 trillion constant LCU | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.81 trillion constant LCU | 1.40 trillion constant LCU | 4.36 trillion constant LCU | 9 |
| 2000s | 4.27 trillion constant LCU | 2.96 trillion constant LCU | 6.03 trillion constant LCU | 10 |
| 2010s | 6.86 trillion constant LCU | 5.79 trillion constant LCU | 7.62 trillion constant LCU | 10 |
| 2020s | 1.30 trillion constant LCU | 1.05 trillion constant LCU | 2.05 trillion constant LCU | 5 |
Countries ranked near Lebanon
- 30 Benin 1.17 trillion constant LCU compare
- 31 Burkina Faso 1.07 trillion constant LCU compare
- 32 Kazakhstan 1.06 trillion constant LCU compare
- 34 Bangladesh 1.00 trillion constant LCU compare
- 35 Kenya 936.18 billion constant LCU compare
- 36 Sri Lanka 925.14 billion constant LCU 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)
- 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 taxes less subsidies on products in Lebanon?
- Taxes less subsidies on products in Lebanon was 1.05 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Lebanon?
- The highest recorded value was 7.62 trillion constant LCU in 2017.
- What is the lowest taxes less subsidies on products recorded in Lebanon?
- The lowest recorded value was 1.05 trillion constant LCU in 2024.
- How does Lebanon rank for taxes less subsidies on products?
- Lebanon ranks 33rd out of 189 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Lebanon?
- Over the last ten years it is down 84.9%. 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 Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.