External balance on goods and services in Lebanon

Lebanon: External balance on goods and services was -827.49 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
-827.49 trillion current LCU
Change on year
down 11.4%
World rank
191st
of 192 countries
All-time high
-988.56 billion current LCU
in 1989
All-time low
-827.49 trillion current LCU
in 2024
Years of data
36
1989–2024

External balance on goods and services in Lebanon, 1989–2024

-800.0T-600.0T-400.0T-200.0T01989200620241989: -988.6B current LCU1990: -1.6T current LCU1991: -2.9T current LCU1992: -6.1T current LCU1993: -8.0T current LCU1994: -8.8T current LCU1995: -9.8T current LCU1996: -9.1T current LCU1997: -8.0T current LCU1998: -7.1T current LCU1999: -5.9T current LCU2000: -5.7T current LCU2001: -6.5T current LCU2002: -5.4T current LCU2003: -6.2T current LCU2004: -6.7T current LCU2005: -6.3T current LCU2006: -6.6T current LCU2007: -8.9T current LCU2008: -13.0T current LCU2009: -12.8T current LCU2010: -14.5T current LCU2011: -17.7T current LCU2012: -20.5T current LCU2013: -23.2T current LCU2014: -23.4T current LCU2015: -19.2T current LCU2016: -18.7T current LCU2017: -19.7T current LCU2018: -22.1T current LCU2019: -17.3T current LCU2020: -20.3T current LCU2021: -72.8T current LCU2022: -259.3T current LCU2023: -742.8T current LCU2024: -827.5T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2024, external balance on goods and services in Lebanon stood at -827.49 trillion current LCU. That is the lowest value across all 36 years on record.

The figure is down 11.4% on the previous year and down 3,432.9% over ten years.

Over the whole period, external balance on goods and services in Lebanon peaked at -988.56 billion current LCU in 1989 and was at its lowest, -827.49 trillion current LCU, in 2024.

That places Lebanon 191st out of 192 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.

Averages by decade

DecadeAverage LowestHighest Years
1980s -988.56 billion current LCU -988.56 billion current LCU -988.56 billion current LCU 1
1990s -6.75 trillion current LCU -9.79 trillion current LCU -1.62 trillion current LCU 10
2000s -7.80 trillion current LCU -12.96 trillion current LCU -5.44 trillion current LCU 10
2010s -19.65 trillion current LCU -23.42 trillion current LCU -14.52 trillion current LCU 10
2020s -384.55 trillion current LCU -827.49 trillion current LCU -20.33 trillion current LCU 5

Countries ranked near Lebanon

  1. 188 Colombia -100.13 trillion current LCU compare
  2. 189 Uzbekistan -246.53 trillion current LCU compare
  3. 190 Somalia -272.14 trillion current LCU compare
  4. 192 Iran -23,522.90 trillion current LCU compare

See the full ranking of 192 places →

More economy & growth data for Lebanon

All data for Lebanon →

Frequently asked questions

What is external balance on goods and services in Lebanon?
External balance on goods and services in Lebanon was -827.49 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Lebanon?
The highest recorded value was -988.56 billion current LCU in 1989.
What is the lowest external balance on goods and services recorded in Lebanon?
The lowest recorded value was -827.49 trillion current LCU in 2024.
How does Lebanon rank for external balance on goods and services?
Lebanon ranks 191st out of 192 countries with data for 2024.
Is external balance on goods and services rising or falling in Lebanon?
Over the last ten years it is down 3,432.9%. 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 External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.