Travel services in Lebanon
Lebanon: Travel services was 68.3% in 2023. ▬ Flat
Travel services in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Lebanon is 68.3%, measured in 2023.
Compared with earlier readings it is up 5.9% on the previous year and up 62.8% over ten years.
Over the whole period, travel services in Lebanon peaked at 95.7% in 2002 and was at its lowest, 33.0%, in 2008.
Lebanon ranks 35th of 198 countries on this measure, in the top quarter.
Travel services in Lebanon, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2002 | 95.7% | — |
| 2003 | 67.2% | -29.8% |
| 2004 | 55.6% | -17.2% |
| 2005 | 50.9% | -8.4% |
| 2006 | 42.7% | -16.2% |
| 2007 | 40.9% | -4.2% |
| 2008 | 33.0% | -19.3% |
| 2009 | 40.1% | +21.4% |
| 2010 | 49.0% | +22.3% |
| 2011 | 40.1% | -18.1% |
| 2012 | 45.2% | +12.7% |
| 2013 | 41.9% | -7.2% |
| 2014 | 44.2% | +5.4% |
| 2015 | 43.1% | -2.5% |
| 2016 | 46.4% | +7.6% |
| 2017 | 50.1% | +8.1% |
| 2018 | 53.8% | +7.3% |
| 2019 | 62.8% | +16.9% |
| 2020 | 47.5% | -24.4% |
| 2021 | 53.7% | +13.1% |
| 2022 | 64.5% | +20.0% |
| 2023 | 68.3% | +5.9% |
Lebanon compared with similar countries
- Lebanon's 68.3% is above the median for lower middle income countries, which is 36.8%, 1.9× the median. (47 countries reporting)
- Lebanon's 68.3% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 27.9%, 2.4× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.2% | 33.0% | 95.7% | 8 |
| 2010s | 47.7% | 40.1% | 62.8% | 10 |
| 2020s | 58.5% | 47.5% | 68.3% | 4 |
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)
- 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 travel services in Lebanon?
- Travel services in Lebanon was 68.3% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Lebanon?
- The highest recorded value was 95.7% in 2002.
- What is the lowest travel services recorded in Lebanon?
- The lowest recorded value was 33.0% in 2008.
- How does Lebanon rank for travel services?
- Lebanon ranks 35th out of 198 countries with data for 2023.
- Is travel services rising or falling in Lebanon?
- Over the last ten years it is up 62.8%. The long-run trend across the full record is flat.
- Where does this Lebanon data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.