Services, value added in Lebanon
Lebanon: Services, value added was 830.48 trillion current LCU in 2024. ◆ Volatile
Services, value added in Lebanon, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for services, value added in Lebanon is 830.48 trillion current LCU, measured in 2024. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 13.7% on the previous year and up 1,453.5% over ten years.
Over the whole period, services, value added in Lebanon peaked at 830.48 trillion current LCU in 2024 and was at its lowest, 9.98 trillion current LCU, in 1994.
That places Lebanon 7th out of 205 countries with data for 2024, putting it in the top 10%.
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 | 13.34 trillion current LCU | 9.98 trillion current LCU | 15.49 trillion current LCU | 6 |
| 2000s | 23.22 trillion current LCU | 16.01 trillion current LCU | 36.92 trillion current LCU | 10 |
| 2010s | 53.91 trillion current LCU | 41.65 trillion current LCU | 63.72 trillion current LCU | 10 |
| 2020s | 485.43 trillion current LCU | 102.24 trillion current LCU | 830.48 trillion current 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 services, value added in Lebanon?
- Services, value added in Lebanon was 830.48 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Lebanon?
- The highest recorded value was 830.48 trillion current LCU in 2024.
- What is the lowest services, value added recorded in Lebanon?
- The lowest recorded value was 9.98 trillion current LCU in 1994.
- How does Lebanon rank for services, value added?
- Lebanon ranks 7th out of 205 countries with data for 2024.
- Is services, value added rising or falling in Lebanon?
- Over the last ten years it is up 1,453.5%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.