Gross value added at basic prices (GVA) in Lebanon
Lebanon: Gross value added at basic prices (GVA) was 10.23 billion current US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross value added at basic prices (gva) in Lebanon stood at 10.23 billion current US$.
Compared with earlier readings it is up 12.2% on the previous year and down 77.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in Lebanon peaked at 51.62 billion current US$ in 2018 and was at its lowest, 4.34 billion current US$, in 1991.
Lebanon ranks 152nd of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.31 billion current US$ | 4.34 billion current US$ | 15.19 billion current US$ | 9 |
| 2000s | 20.28 billion current US$ | 15.14 billion current US$ | 31.36 billion current US$ | 10 |
| 2010s | 44.41 billion current US$ | 34.42 billion current US$ | 51.62 billion current US$ | 10 |
| 2020s | 18.45 billion current US$ | 9.12 billion current US$ | 30.80 billion current US$ | 5 |
Countries ranked near Lebanon
- 149 Togo 12.25 billion current US$ compare
- 150 Monaco 11.13 billion current US$ compare
- 151 Mauritania 10.75 billion current US$ compare
- 154 Bermuda 8.86 billion current US$ compare
- 155 New Caledonia 8.46 billion current 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 10.23 billion current US$ 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 51.62 billion current US$ in 2018.
- What is the lowest gross value added at basic prices (gva) recorded in Lebanon?
- The lowest recorded value was 4.34 billion current US$ in 1991.
- How does Lebanon rank for gross value added at basic prices (gva)?
- Lebanon ranks 152nd out of 206 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 77.4%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.