Current account balance in Lebanon
Lebanon: Current account balance was -5.64 billion BoP, current US$ in 2023. ◆ Volatile
Current account balance in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Lebanon is -5.64 billion BoP, current US$, measured in 2023.
Compared with earlier readings it is up 22.3% on the previous year and up 52.8% over ten years.
Over the whole period, current account balance in Lebanon peaked at -1.12 billion BoP, current US$ in 2006 and was at its lowest, -13.37 billion BoP, current US$, in 2018.
That places Lebanon 175th out of 199 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.80 billion BoP, current US$ | -6.74 billion BoP, current US$ | -1.12 billion BoP, current US$ | 8 |
| 2010s | -10.37 billion BoP, current US$ | -13.37 billion BoP, current US$ | -5.52 billion BoP, current US$ | 10 |
| 2020s | -5.06 billion BoP, current US$ | -7.26 billion BoP, current US$ | -2.78 billion BoP, current US$ | 4 |
Countries ranked near Lebanon
- 172 Morocco -4.56 billion BoP, current US$ compare
- 173 Serbia -4.90 billion BoP, current US$ compare
- 174 Slovakia -5.60 billion BoP, current US$ compare
- 176 Uzbekistan -5.78 billion BoP, current US$ compare
- 177 Senegal -6.07 billion BoP, current US$ compare
- 178 Argentina -7.58 billion BoP, current US$ compare
More economy & growth data for Lebanon
- Manufacturing, value added 330.05 million current US$ (2021)
- Households and NPISHs final consumption expenditure 129.3% (2024)
- Final consumption expenditure 34.84 billion current US$ (2024)
- Final consumption expenditure 3,118.37 trillion current LCU (2024)
- Final consumption expenditure 37.45 billion constant 2015 US$ (2024)
- Final consumption expenditure -4.0% (2024)
- Manufacturing, value added 3.88 trillion current LCU (2021)
- Final consumption expenditure 134.2% (2024)
- Exports of goods and services 6.06 billion current US$ (2024)
- Gross national expenditure 135.6% (2024)
Frequently asked questions
- What is current account balance in Lebanon?
- Current account balance in Lebanon was -5.64 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Lebanon?
- The highest recorded value was -1.12 billion BoP, current US$ in 2006.
- What is the lowest current account balance recorded in Lebanon?
- The lowest recorded value was -13.37 billion BoP, current US$ in 2018.
- How does Lebanon rank for current account balance?
- Lebanon ranks 175th out of 199 countries with data for 2023.
- Is current account balance rising or falling in Lebanon?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is volatile.
- 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 Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.