The Gross Domestic Product (GDP) in Lebanon was worth 17.94 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Lebanon represents 0.02 percent of the world economy. This dataset provides - Lebanon GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lebanon gdp growth rate for 2022 was -0.62%, a 6.38% increase from 2021.

• Lebanon gdp growth rate for 2021 was -7.00%, a 14.4% increase from 2020.
• Lebanon gdp growth rate for 2020 was -21.40%, a 14.49% decline from 2019.
• Lebanon gdp growth rate for 2019 was -6.91%, a 5.03% decline from 2018.

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

GDP deflator: linked series (base year varies by country) in Lebanon was reported at 3538 year in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Lebanon - GDP deflator: linked series (base year varies by country) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

GDP per capita, PPP (current international $) in Lebanon was reported at 12293 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Lebanon - GDP per capita, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Key information about Lebanon Nominal GDP

• Lebanon Nominal GDP reached 63.5 USD bn in Dec 2020, compared with 53.2 USD bn in the previous year.
• Nominal GDP in Lebanon is updated yearly, available from Dec 1997 to Dec 2020, with an average number of 32.3 USD bn.
• The data reached an all-time high of 63.5 USD bn in Dec 2020 and a record low of 15.8 USD bn in Dec 1997.

CEIC converts annual Nominal GDP into USD. The Central Administration of Statistics provides Nominal GDP in local currency based on SNA 2008. Banque du Liban average market exchange rate is used for currency conversions. Nominal GDP prior to 2004 is based on SNA 1993, sourced from the Presidency of the Council of Ministers.


Related information about Lebanon Nominal GDP

• In the latest reports, Lebanon GDP contracted 25.9 % YoY in Dec 2020.
• Its GDP deflator (implicit price deflator) increased 61.1 % in Dec 2020.
• Lebanon GDP Per Capita reached 9,300.8 USD in Dec 2020.
• Its Gross Savings Rate was measured at -21.7 % in Dec 2020.
• For Nominal GDP contributions, Investment accounted for 9.5 % in Dec 2020.
• Public Consumption accounted for 15.7 % in Dec 2020.
• Private Consumption accounted for 106.0 % in Dec 2020.

The gross domestic product (GDP) per capita in Israel was forecast to continuously increase between 2024 and 2029 by in total 7,941 U.S. dollars (+14.95 percent). After the sixth consecutive increasing year, the GDP per capita is estimated to reach 61,051.9 U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Syria, Oman, and Lebanon.

GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc.). It includes expenditure funded by transfers from international sources to government. General government usually refers to local, regional and central governments.

Gross savings (% of GDP) in Lebanon was reported at --6.0042 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Lebanon - Gross savings (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

The growth of the real gross domestic product (GDP) in Kuwait was forecast to increase between 2024 and 2029 by in total 5.4 percentage points. This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the growth will have increased for the third consecutive year to 2.63 percent. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Lebanon, Saudi Arabia, and Syria.

Inflation Rate in Lebanon decreased to 15.60 percent in February from 16.10 percent in January of 2025. This dataset provides the latest reported value for - Lebanon Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) per capita in Iraq was forecast to continuously increase between 2024 and 2029 by in total 1,024.6 U.S. dollars (+17.23 percent). According to this forecast, in 2029, the GDP per capita will have increased for the sixth consecutive year to 6,971.86 U.S. dollars. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Israel, Saudi Arabia, and Lebanon.

Forest rents (% of GDP) in Lebanon was reported at 0.00276 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Lebanon - Forest rents (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The growth of the real gross domestic product (GDP) in Yemen was forecast to increase between 2024 and 2029 by in total 6.5 percentage points. This overall increase does not happen continuously, notably not in 2027, 2028 and 2029. The growth is estimated to amount to 5.5 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Oman, Lebanon, and Iraq.

The ratio of national debt to gross domestic product (GDP) in Israel was forecast to increase between 2024 and 2029 by in total 2.1 percentage points. This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the ratio will have increased for the third consecutive year to 70.08 percent. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Saudi Arabia, Lebanon, and Kuwait.

The gross domestic product (GDP) per capita in Iran was forecast to continuously increase between 2024 and 2029 by in total 1,573.1 U.S. dollars (+31.38 percent). According to this forecast, in 2029, the GDP per capita will have increased for the sixth consecutive year to 6,585.94 U.S. dollars. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Syria, Lebanon, and Yemen.

Net incurrence of liabilities, total (% of GDP) in Lebanon was reported at 1.6957 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Lebanon - Net incurrence of liabilities, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Stock market capitalization to GDP (%) in Lebanon was reported at 25.83 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Lebanon - Stock market capitalization to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The tourism sector GDP share in Saudi Arabia was forecast to continuously increase between 2023 and 2028 by in total 1.9 percentage points. The share is estimated to amount to 9.4 percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Lebanon and Jordan.