Social contributions in Lebanon
Lebanon: Social contributions was 24.00 billion current LCU in 2024. ◆ Volatile
Social contributions in Lebanon, 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, social contributions in Lebanon stood at 24.00 billion current LCU.
That represents a change of down 90.6% on the previous year and down 82.4% over ten years.
Over the whole period, social contributions in Lebanon peaked at 261.71 billion current LCU in 2020 and was at its lowest, 4.34 billion current LCU, in 1997.
Lebanon ranks 61st of 112 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 | 6.27 billion current LCU | 4.34 billion current LCU | 9.63 billion current LCU | 3 |
| 2000s | 81.12 billion current LCU | 72.70 billion current LCU | 95.22 billion current LCU | 10 |
| 2010s | 168.42 billion current LCU | 107.28 billion current LCU | 221.77 billion current LCU | 10 |
| 2020s | 180.32 billion current LCU | 24.00 billion current LCU | 261.71 billion current LCU | 3 |
Countries ranked near Lebanon
More public sector data for Lebanon
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- Tax revenue 11.1% (2024)
- Taxes on income, profits and capital gains 7.8% (2024)
- Taxes on goods and services 48.4% (2024)
- Net investment in nonfinancial assets 0.3% (2024)
- Net lending (+) / net borrowing (-) 1.2% (2024)
- Interest payments 5.4% (2024)
- Grants and other revenue 17.2% (2024)
- Interest payments 15.2% (2021)
- Other taxes 17.3% (2024)
Frequently asked questions
- What is social contributions in Lebanon?
- Social contributions in Lebanon was 24.00 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Lebanon?
- The highest recorded value was 261.71 billion current LCU in 2020.
- What is the lowest social contributions recorded in Lebanon?
- The lowest recorded value was 4.34 billion current LCU in 1997.
- How does Lebanon rank for social contributions?
- Lebanon ranks 61st out of 112 countries with data for 2024.
- Is social contributions rising or falling in Lebanon?
- Over the last ten years it is down 82.4%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.