Taxes less subsidies on products in Lebanon
Lebanon: Taxes less subsidies on products was 1,408.46 trillion current 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 current LCU.
Analysis
The most recent figure for taxes less subsidies on products in Lebanon is 1,408.46 trillion current LCU, measured in 2024. That is the highest value across all 34 years on record.
The figure is up 49.8% on the previous year and up 32,088.4% over ten years.
Over the whole period, taxes less subsidies on products in Lebanon peaked at 1,408.46 trillion current LCU in 2024 and was at its lowest, 325.77 billion current LCU, in 1991.
Lebanon ranks 2nd of 197 countries on this measure, in the top 10%.
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 | current LCU | Change |
|---|---|---|
| 1991 | 325.77 billion current LCU | — |
| 1992 | 817.87 billion current LCU | +151.1% |
| 1993 | 1.24 trillion current LCU | +51.7% |
| 1994 | 1.46 trillion current LCU | +17.3% |
| 1995 | 2.01 trillion current LCU | +37.9% |
| 1996 | 2.21 trillion current LCU | +10.1% |
| 1997 | 2.52 trillion current LCU | +14.2% |
| 1998 | 3.11 trillion current LCU | +23.2% |
| 1999 | 3.54 trillion current LCU | +13.9% |
| 2000 | 3.19 trillion current LCU | -9.9% |
| 2001 | 3.26 trillion current LCU | +2.2% |
| 2002 | 4.35 trillion current LCU | +33.3% |
| 2003 | 5.03 trillion current LCU | +15.7% |
| 2004 | 4.00 trillion current LCU | -20.6% |
| 2005 | 3.41 trillion current LCU | -14.7% |
| 2006 | 2.57 trillion current LCU | -24.7% |
| 2007 | 3.31 trillion current LCU | +29.1% |
| 2008 | 3.00 trillion current LCU | -9.5% |
| 2009 | 6.10 trillion current LCU | +103.4% |
| 2010 | 6.07 trillion current LCU | -0.5% |
| 2011 | 4.91 trillion current LCU | -19.1% |
| 2012 | 5.16 trillion current LCU | +5.3% |
| 2013 | 5.38 trillion current LCU | +4.2% |
| 2014 | 4.38 trillion current LCU | -18.7% |
| 2015 | 5.42 trillion current LCU | +23.9% |
| 2016 | 5.49 trillion current LCU | +1.2% |
| 2017 | 5.48 trillion current LCU | -0.0% |
| 2018 | 4.94 trillion current LCU | -9.9% |
| 2019 | 4.03 trillion current LCU | -18.6% |
| 2020 | 3.35 trillion current LCU | -16.8% |
| 2021 | 4.60 trillion current LCU | +37.5% |
| 2022 | 44.70 trillion current LCU | +871.1% |
| 2023 | 940.35 trillion current LCU | +2003.6% |
| 2024 | 1,408.46 trillion current LCU | +49.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.92 trillion current LCU | 325.77 billion current LCU | 3.54 trillion current LCU | 9 |
| 2000s | 3.82 trillion current LCU | 2.57 trillion current LCU | 6.10 trillion current LCU | 10 |
| 2010s | 5.13 trillion current LCU | 4.03 trillion current LCU | 6.07 trillion current LCU | 10 |
| 2020s | 480.29 trillion current LCU | 3.35 trillion current LCU | 1,408.46 trillion current LCU | 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)
- Industry (including construction), value added (constant 2015 US$) -5.85 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1953 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 873.7 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual -5.85 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 202.53 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 905,948 constant LCU per person (2024)
- 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)
Frequently asked questions
- What is taxes less subsidies on products in Lebanon?
- Taxes less subsidies on products in Lebanon was 1,408.46 trillion current 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 1,408.46 trillion current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Lebanon?
- The lowest recorded value was 325.77 billion current LCU in 1991.
- How does Lebanon rank for taxes less subsidies on products?
- Lebanon ranks 2nd out of 197 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Lebanon?
- Over the last ten years it is up 32,088.4%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.