Gross value added at basic prices (GVA) in Lebanon
Lebanon: Gross value added at basic prices (GVA) was 32.00 billion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Lebanon recorded 32.00 billion constant 2015 US$ for gross value added at basic prices (gva) in 2024.
That represents a change of down 7.1% on the previous year and down 31.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Lebanon peaked at 47.47 billion constant 2015 US$ in 2017 and was at its lowest, 9.01 billion constant 2015 US$, in 1989.
That places Lebanon 97th out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.01 billion constant 2015 US$ | 9.01 billion constant 2015 US$ | 9.01 billion constant 2015 US$ | 1 |
| 1990s | 19.36 billion constant 2015 US$ | 10.88 billion constant 2015 US$ | 23.71 billion constant 2015 US$ | 10 |
| 2000s | 29.81 billion constant 2015 US$ | 23.80 billion constant 2015 US$ | 39.21 billion constant 2015 US$ | 10 |
| 2010s | 45.23 billion constant 2015 US$ | 42.43 billion constant 2015 US$ | 47.47 billion constant 2015 US$ | 10 |
| 2020s | 34.59 billion constant 2015 US$ | 32.00 billion constant 2015 US$ | 36.88 billion constant 2015 US$ | 5 |
Countries ranked near Lebanon
- 94 Cambodia 38.08 billion constant 2015 US$ compare
- 95 Yemen 35.32 billion constant 2015 US$ compare
- 96 Nepal 32.12 billion constant 2015 US$ compare
- 98 Guyana 31.47 billion constant 2015 US$ compare
- 99 Sudan 30.07 billion constant 2015 US$ compare
- 100 Bolivia 29.61 billion constant 2015 US$ 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 gross value added at basic prices (gva) in Lebanon?
- Gross value added at basic prices (gva) in Lebanon was 32.00 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Lebanon?
- The highest recorded value was 47.47 billion constant 2015 US$ in 2017.
- What is the lowest gross value added at basic prices (gva) recorded in Lebanon?
- The lowest recorded value was 9.01 billion constant 2015 US$ in 1989.
- How does Lebanon rank for gross value added at basic prices (gva)?
- Lebanon ranks 97th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Lebanon?
- Over the last ten years it is down 31.2%. The long-run trend across the full record is rising.
- 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 Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.