Expense in Lebanon

Lebanon: Expense was 6.3% in 2021. ▼ Falling

Latest (2021)
6.3%
Change on year
down 57.9%
World rank
155th
of 157 countries
All-time high
31.7%
in 2006
All-time low
6.3%
in 2021
Years of data
24
1998–2021

Expense in Lebanon, 1998–2021

1020301998200920211998: 26.2 % of GDP1999: 28.1 % of GDP2000: 30.5 % of GDP2001: 29 % of GDP2002: 28.4 % of GDP2003: 30.5 % of GDP2004: 26.8 % of GDP2005: 26.8 % of GDP2006: 31.7 % of GDP2007: 31.6 % of GDP2008: 30.5 % of GDP2009: 28.8 % of GDP2010: 25.8 % of GDP2011: 26.4 % of GDP2012: 26.8 % of GDP2013: 26.7 % of GDP2014: 25.9 % of GDP2015: 22.9 % of GDP2016: 25.8 % of GDP2017: 26 % of GDP2018: 29.3 % of GDP2019: 29.2 % of GDP2020: 14.9 % of GDP2021: 6.3 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Lebanon is 6.3%, measured in 2021. That is the lowest value across all 24 years on record.

Compared with earlier readings it is down 57.9% on the previous year and down 76.1% over ten years.

Over the whole period, expense in Lebanon peaked at 31.7% in 2006 and was at its lowest, 6.3%, in 2021.

That places Lebanon 155th out of 157 countries with data for 2021, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 27.1% 26.2% 28.1% 2
2000s 29.5% 26.8% 31.7% 10
2010s 26.5% 22.9% 29.3% 10
2020s 10.6% 6.3% 14.9% 2

Countries ranked near Lebanon

  1. 152 Sudan 9.7% compare
  2. 153 Bangladesh 8.3% compare
  3. 154 Somalia 6.3% compare
  4. 156 Ethiopia 6.1% compare
  5. 157 United Arab Emirates 3.8% compare

See the full ranking of 183 places →

More economy & growth data for Lebanon

All data for Lebanon →

Frequently asked questions

What is expense in Lebanon?
Expense in Lebanon was 6.3% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Lebanon?
The highest recorded value was 31.7% in 2006.
What is the lowest expense recorded in Lebanon?
The lowest recorded value was 6.3% in 2021.
How does Lebanon rank for expense?
Lebanon ranks 155th out of 157 countries with data for 2021.
Is expense rising or falling in Lebanon?
Over the last ten years it is down 76.1%. The long-run trend across the full record is falling.
Where does this Lebanon data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.