Taxes on goods and services in Lebanon
Lebanon: Taxes on goods and services was 151.40 trillion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Lebanon, 2000–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Lebanon recorded 151.40 trillion current LCU for taxes on goods and services in 2024. That is the highest value across all 23 years on record.
The figure is up 2,160.7% on the previous year and up 2,971.4% over ten years.
Over the whole period, taxes on goods and services in Lebanon peaked at 151.40 trillion current LCU in 2024 and was at its lowest, 1.07 trillion current LCU, in 2000.
Lebanon ranks 2nd of 157 countries on this measure, 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 |
|---|---|---|---|---|
| 2000s | 2.78 trillion current LCU | 1.07 trillion current LCU | 5.18 trillion current LCU | 10 |
| 2010s | 5.13 trillion current LCU | 4.87 trillion current LCU | 5.70 trillion current LCU | 10 |
| 2020s | 53.79 trillion current LCU | 3.29 trillion current LCU | 151.40 trillion current LCU | 3 |
Countries ranked near Lebanon
- 1 Indonesia 256.25 trillion current LCU compare
- 3 Colombia 122.84 trillion current LCU compare
- 4 South Korea 114.81 trillion current LCU compare
- 5 Uzbekistan 80.19 trillion current LCU compare
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 taxes on goods and services in Lebanon?
- Taxes on goods and services in Lebanon was 151.40 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Lebanon?
- The highest recorded value was 151.40 trillion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Lebanon?
- The lowest recorded value was 1.07 trillion current LCU in 2000.
- How does Lebanon rank for taxes on goods and services?
- Lebanon ranks 2nd out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Lebanon?
- Over the last ten years it is up 2,971.4%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.