Net trade in goods and services in Lebanon
Lebanon: Net trade in goods and services was -11.54 billion BoP, current US$ in 2023. ▼ Falling
Net trade in goods and services in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Lebanon recorded -11.54 billion BoP, current US$ for net trade in goods and services in 2023.
That represents a change of up 4.5% on the previous year and up 13.5% over ten years.
Over the whole period, net trade in goods and services in Lebanon peaked at -2.03 billion BoP, current US$ in 2003 and was at its lowest, -14.40 billion BoP, current US$, in 2014.
Lebanon ranks 181st of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.79 billion BoP, current US$ | -8.34 billion BoP, current US$ | -2.03 billion BoP, current US$ | 8 |
| 2010s | -12.00 billion BoP, current US$ | -14.40 billion BoP, current US$ | -7.63 billion BoP, current US$ | 10 |
| 2020s | -9.51 billion BoP, current US$ | -12.09 billion BoP, current US$ | -6.43 billion BoP, current US$ | 4 |
Countries ranked near Lebanon
- 178 El Salvador -8.83 billion BoP, current US$ compare
- 179 Mexico -10.66 billion BoP, current US$ compare
- 180 Nepal -10.96 billion BoP, current US$ compare
- 182 Ethiopia -11.95 billion BoP, current US$ compare
- 183 Belgium -13.81 billion BoP, current US$ compare
- 184 Greece -13.93 billion BoP, current US$ compare
More economy & growth data for Lebanon
- Manufacturing, value added 330.05 million current US$ (2021)
- Households and NPISHs final consumption expenditure 129.3% (2024)
- Final consumption expenditure 34.84 billion current US$ (2024)
- Final consumption expenditure 3,118.37 trillion current LCU (2024)
- Final consumption expenditure 37.45 billion constant 2015 US$ (2024)
- Final consumption expenditure -4.0% (2024)
- Manufacturing, value added 3.88 trillion current LCU (2021)
- Final consumption expenditure 134.2% (2024)
- Exports of goods and services 6.06 billion current US$ (2024)
- Gross national expenditure 135.6% (2024)
Frequently asked questions
- What is net trade in goods and services in Lebanon?
- Net trade in goods and services in Lebanon was -11.54 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Lebanon?
- The highest recorded value was -2.03 billion BoP, current US$ in 2003.
- What is the lowest net trade in goods and services recorded in Lebanon?
- The lowest recorded value was -14.40 billion BoP, current US$ in 2014.
- How does Lebanon rank for net trade in goods and services?
- Lebanon ranks 181st out of 199 countries with data for 2023.
- Is net trade in goods and services rising or falling in Lebanon?
- Over the last ten years it is up 13.5%. The long-run trend across the full record is falling.
- Where does this Lebanon data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.