Gross value added at basic prices (GVA) in Lebanon
Lebanon: Gross value added at basic prices (GVA) was 39.13 trillion constant LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Lebanon, 1989–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Lebanon is 39.13 trillion constant LCU, measured in 2024.
The figure is 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 58.05 trillion constant LCU in 2017 and was at its lowest, 11.02 trillion constant LCU, in 1989.
That places Lebanon 24th out of 197 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.02 trillion constant LCU | 11.02 trillion constant LCU | 11.02 trillion constant LCU | 1 |
| 1990s | 23.68 trillion constant LCU | 13.31 trillion constant LCU | 28.99 trillion constant LCU | 10 |
| 2000s | 36.46 trillion constant LCU | 29.10 trillion constant LCU | 47.95 trillion constant LCU | 10 |
| 2010s | 55.31 trillion constant LCU | 51.89 trillion constant LCU | 58.05 trillion constant LCU | 10 |
| 2020s | 42.30 trillion constant LCU | 39.13 trillion constant LCU | 45.10 trillion constant LCU | 5 |
Countries ranked near Lebanon
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 39.13 trillion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Lebanon?
- The highest recorded value was 58.05 trillion constant LCU in 2017.
- What is the lowest gross value added at basic prices (gva) recorded in Lebanon?
- The lowest recorded value was 11.02 trillion constant LCU in 1989.
- How does Lebanon rank for gross value added at basic prices (gva)?
- Lebanon ranks 24th out of 197 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.