GDP growth in Lebanon
Lebanon: GDP growth was -7.1% in 2024. ◆ Volatile
GDP growth in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Lebanon recorded -7.1% for gdp growth in 2024.
Compared with earlier readings it is down 830.8% on the previous year and down 385.0% over ten years.
Over the whole period, gdp growth in Lebanon peaked at 49.4% in 1991 and was at its lowest, -42.5%, in 1989.
That places Lebanon 212th out of 214 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -42.5% | -42.5% | -42.5% | 1 |
| 1990s | 13.3% | -0.5% | 49.4% | 10 |
| 2000s | 5.1% | 1.3% | 10.2% | 10 |
| 2010s | 1.2% | -6.9% | 8.0% | 10 |
| 2020s | -7.4% | -21.4% | -0.6% | 5 |
Countries ranked near Lebanon
- 209 Haiti -2.7% compare
- 210 Iran -2.8% compare
- 211 Equatorial Guinea -5.8% compare
- 213 South Sudan -10.8% compare
- 214 New Caledonia -13.5% compare
More economy & growth data for Lebanon
- DEC alternative conversion factor 89,500 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 571.94 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 6.39 billion current US$ (2024)
- Taxes less subsidies on products 1,408.46 trillion current LCU (2024)
- Taxes less subsidies on products 15.74 billion current US$ (2024)
- Net primary income (Net income from abroad) -23.97 trillion current LCU (2024)
- Net primary income (Net income from abroad) -267.77 million current US$ (2024)
- GNI per capita 396.23 million current LCU (2024)
- GNI per capita, Atlas method 3,560 current US$ (2024)
- GNI 2,300.50 trillion current LCU (2024)
Frequently asked questions
- What is gdp growth in Lebanon?
- Gdp growth in Lebanon was -7.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Lebanon?
- The highest recorded value was 49.4% in 1991.
- What is the lowest gdp growth recorded in Lebanon?
- The lowest recorded value was -42.5% in 1989.
- How does Lebanon rank for gdp growth?
- Lebanon ranks 212th out of 214 countries with data for 2024.
- Is gdp growth rising or falling in Lebanon?
- Over the last ten years it is down 385.0%. 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 GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.