Industry (including construction), value added in Lebanon
Lebanon: Industry (including construction), value added was 5.07 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Lebanon, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, industry (including construction), value added in Lebanon stood at 5.07 billion constant 2015 US$.
The figure is down 5.8% on the previous year and down 38.6% over ten years.
Over the whole period, industry (including construction), value added in Lebanon peaked at 8.50 billion constant 2015 US$ in 2013 and was at its lowest, 2.93 billion constant 2015 US$, in 1991.
That places Lebanon 114th out of 195 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.03 billion constant 2015 US$ | 2.93 billion constant 2015 US$ | 4.76 billion constant 2015 US$ | 9 |
| 2000s | 5.50 billion constant 2015 US$ | 4.43 billion constant 2015 US$ | 7.27 billion constant 2015 US$ | 10 |
| 2010s | 7.77 billion constant 2015 US$ | 6.21 billion constant 2015 US$ | 8.50 billion constant 2015 US$ | 10 |
| 2020s | 5.41 billion constant 2015 US$ | 5.07 billion constant 2015 US$ | 5.81 billion constant 2015 US$ | 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 industry (including construction), value added in Lebanon?
- Industry (including construction), value added in Lebanon was 5.07 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Lebanon?
- The highest recorded value was 8.50 billion constant 2015 US$ in 2013.
- What is the lowest industry (including construction), value added recorded in Lebanon?
- The lowest recorded value was 2.93 billion constant 2015 US$ in 1991.
- How does Lebanon rank for industry (including construction), value added?
- Lebanon ranks 114th out of 195 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Lebanon?
- Over the last ten years it is down 38.6%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.