Terms of trade adjustment in Lebanon
Lebanon: Terms of trade adjustment was -703.04 billion constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Lebanon recorded -703.04 billion constant LCU for terms of trade adjustment in 2024.
That represents a change of up 42.9% on the previous year and up 41.1% over ten years.
Over the whole period, terms of trade adjustment in Lebanon peaked at 2.16 trillion constant LCU in 2020 and was at its lowest, -2.16 trillion constant LCU, in 2011.
That places Lebanon 167th out of 178 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Lebanon, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1989 | -220.37 billion constant LCU | — |
| 1990 | -213.71 billion constant LCU | -3.0% |
| 1991 | -240.62 billion constant LCU | +12.6% |
| 1992 | -479.06 billion constant LCU | +99.1% |
| 1993 | -559.67 billion constant LCU | +16.8% |
| 1994 | -559.92 billion constant LCU | +0.0% |
| 1995 | -832.28 billion constant LCU | +48.6% |
| 1996 | -1.07 trillion constant LCU | +28.3% |
| 1997 | -1.43 trillion constant LCU | +34.2% |
| 1998 | -1.16 trillion constant LCU | -19.4% |
| 1999 | -1.13 trillion constant LCU | -2.2% |
| 2000 | -1.40 trillion constant LCU | +24.4% |
| 2001 | -1.45 trillion constant LCU | +2.9% |
| 2002 | -1.38 trillion constant LCU | -4.7% |
| 2003 | -1.83 trillion constant LCU | +32.6% |
| 2004 | 879.28 billion constant LCU | -148.1% |
| 2005 | -7.87 billion constant LCU | -100.9% |
| 2006 | -247.91 billion constant LCU | +3051.6% |
| 2007 | -759.96 billion constant LCU | +206.5% |
| 2008 | -1.16 trillion constant LCU | +52.1% |
| 2009 | 605.17 billion constant LCU | -152.4% |
| 2010 | 0 constant LCU | -100.0% |
| 2011 | -2.16 trillion constant LCU | — |
| 2012 | -1.21 trillion constant LCU | -44.3% |
| 2013 | -1.64 trillion constant LCU | +36.2% |
| 2014 | -1.19 trillion constant LCU | -27.3% |
| 2015 | 588.75 billion constant LCU | -149.4% |
| 2016 | 1.88 trillion constant LCU | +218.9% |
| 2017 | 1.53 trillion constant LCU | -18.4% |
| 2018 | 1.17 trillion constant LCU | -23.6% |
| 2019 | 1.60 trillion constant LCU | +36.5% |
| 2020 | 2.16 trillion constant LCU | +35.3% |
| 2021 | -70.32 billion constant LCU | -103.3% |
| 2022 | -911.78 billion constant LCU | +1196.5% |
| 2023 | -1.23 trillion constant LCU | +35.1% |
| 2024 | -703.04 billion constant LCU | -42.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -220.37 billion constant LCU | -220.37 billion constant LCU | -220.37 billion constant LCU | 1 |
| 1990s | -767.19 billion constant LCU | -1.43 trillion constant LCU | -213.71 billion constant LCU | 10 |
| 2000s | -674.36 billion constant LCU | -1.83 trillion constant LCU | 879.28 billion constant LCU | 10 |
| 2010s | 56.07 billion constant LCU | -2.16 trillion constant LCU | 1.88 trillion constant LCU | 10 |
| 2020s | -151.35 billion constant LCU | -1.23 trillion constant LCU | 2.16 trillion constant 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)
- Services, value added (constant LCU), per capita 5.42 million constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 45.16 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.19 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.3941 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,763 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 16.99 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 35,269 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 157.77 million current LCU per person (2024)
Frequently asked questions
- What is terms of trade adjustment in Lebanon?
- Terms of trade adjustment in Lebanon was -703.04 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Lebanon?
- The highest recorded value was 2.16 trillion constant LCU in 2020.
- What is the lowest terms of trade adjustment recorded in Lebanon?
- The lowest recorded value was -2.16 trillion constant LCU in 2011.
- How does Lebanon rank for terms of trade adjustment?
- Lebanon ranks 167th out of 178 countries with data for 2024.
- Is terms of trade adjustment rising or falling in Lebanon?
- Over the last ten years it is up 41.1%. 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 Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. 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.