Service imports in Lebanon
Lebanon: Service imports was 6.63 billion BoP, current US$ in 2023. ▲ Rising
Service imports in Lebanon, 2002–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, service imports in Lebanon stood at 6.63 billion BoP, current US$.
Compared with earlier readings it is up 0.6% on the previous year and down 48.7% over ten years.
Over the whole period, service imports in Lebanon peaked at 14.33 billion BoP, current US$ in 2018 and was at its lowest, 3.35 billion BoP, current US$, in 2002.
That places Lebanon 81st out of 199 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.02 billion BoP, current US$ | 3.35 billion BoP, current US$ | 14.04 billion BoP, current US$ | 8 |
| 2010s | 13.11 billion BoP, current US$ | 11.50 billion BoP, current US$ | 14.33 billion BoP, current US$ | 10 |
| 2020s | 5.74 billion BoP, current US$ | 4.80 billion BoP, current US$ | 6.63 billion BoP, current US$ | 4 |
Countries ranked near Lebanon
More economy & growth data for Lebanon
- Agriculture, forestry, and fishing, value added 2.38 trillion constant LCU (2024)
- 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 330.05 million current US$ (2021)
- Final consumption expenditure 134.2% (2024)
- Gross national expenditure 135.6% (2024)
- Agriculture, forestry, and fishing, value added -8.7% (2024)
Frequently asked questions
- What is service imports in Lebanon?
- Service imports in Lebanon was 6.63 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Lebanon?
- The highest recorded value was 14.33 billion BoP, current US$ in 2018.
- What is the lowest service imports recorded in Lebanon?
- The lowest recorded value was 3.35 billion BoP, current US$ in 2002.
- How does Lebanon rank for service imports?
- Lebanon ranks 81st out of 199 countries with data for 2023.
- Is service imports rising or falling in Lebanon?
- Over the last ten years it is down 48.7%. The long-run trend across the full record is rising.
- 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of services are services provided by non-residents to residents. 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.