Volume of remittances (in United States dollars) as a proportion of in Lebanon
Lebanon: Volume of remittances (in United States dollars) as a proportion of was 33.3% in 2023. ▲ Rising
Latest (2023)
33.3%
Change on year
up 8.8%
World rank
3rd
of 203 countries
All-time high
33.3%
in 2023
All-time low
12.7%
in 2018
Years of data
22
2002–2023
Volume of remittances (in United States dollars) as a proportion of in Lebanon, 2002–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, volume of remittances (in united states dollars) as a proportion of in Lebanon stood at 33.3%. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 8.8% on the previous year and up 106.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Lebanon peaked at 33.3% in 2023 and was at its lowest, 12.7%, in 2018.
That places Lebanon 3rd out of 203 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 22 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Lebanon, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 13.3% | — |
| 2003 | 23.6% | +77.8% |
| 2004 | 26.4% | +11.9% |
| 2005 | 22.9% | -13.3% |
| 2006 | 23.6% | +3.1% |
| 2007 | 23.2% | -1.6% |
| 2008 | 24.7% | +6.1% |
| 2009 | 21.4% | -13.4% |
| 2010 | 18.0% | -15.8% |
| 2011 | 17.2% | -4.2% |
| 2012 | 15.2% | -12.0% |
| 2013 | 16.1% | +6.5% |
| 2014 | 15.0% | -7.4% |
| 2015 | 15.0% | +0.2% |
| 2016 | 14.9% | -0.8% |
| 2017 | 13.3% | -10.4% |
| 2018 | 12.7% | -4.6% |
| 2019 | 14.3% | +12.4% |
| 2020 | 20.8% | +45.6% |
| 2021 | 27.5% | +32.1% |
| 2022 | 30.7% | +11.6% |
| 2023 | 33.3% | +8.8% |
Lebanon compared with similar countries
- Lebanon's 33.3% is above the median for lower middle income countries, which is 6.1%, 5.5× the median. (43 countries reporting)
- Lebanon's 33.3% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.3%, 24.7× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.4% | 13.3% | 26.4% | 8 |
| 2010s | 15.2% | 12.7% | 18.0% | 10 |
| 2020s | 28.1% | 20.8% | 33.3% | 4 |
Countries ranked near Lebanon
- 1 Tajikistan 47.9% compare
- 2 Tonga 42.6% compare
- 4 Nicaragua 26.6% compare
- 5 Kyrgyzstan 26.6% compare
- 6 Nepal 26.2% 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 volume of remittances (in united states dollars) as a proportion of in Lebanon?
- Volume of remittances (in united states dollars) as a proportion of in Lebanon was 33.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Lebanon?
- The highest recorded value was 33.3% in 2023.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Lebanon?
- The lowest recorded value was 12.7% in 2018.
- How does Lebanon rank for volume of remittances (in united states dollars) as a proportion of?
- Lebanon ranks 3rd out of 203 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Lebanon?
- Over the last ten years it is up 106.6%. The long-run trend across the full record is rising.
- Where does this Lebanon data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under UN SDG Global Database (open, attribution requested).