GDP in constant prices — all countries

GDP in constant prices — Lebanon

GDP in constant prices in Lebanon in 2024 — 31,301,271,532 US$ 2015. Ranked 102 in the world out of 199. Since 1988, the indicator has risen by 130.3%.

2024 31.3B US$ 2015 −7.08% vs 2023
World rank 102of 199
Period maximum 51.16B US$ 20152017
Period minimum 7.82B US$ 20151989

Trend over time

1988–2024 · constant 2015 US$

GDP in constant prices — Lebanon, 1988–2024020B40B60B19881992199620002004200820122016202020241988: 13,590,690,652 US$ 20151989: 7,821,290,497 US$ 20151990: 9,896,526,026 US$ 20151991: 14,790,098,776 US$ 20151992: 17,221,346,343 US$ 20151993: 19,075,339,625 US$ 20151994: 20,621,442,059 US$ 20151995: 21,951,290,517 US$ 20151996: 24,428,699,054 US$ 20151997: 24,686,413,686 US$ 20151998: 25,591,349,425 US$ 20151999: 25,456,845,224 US$ 20152000: 25,798,443,406 US$ 20152001: 26,789,018,311 US$ 20152002: 27,706,046,545 US$ 20152003: 28,600,147,894 US$ 20152004: 30,510,478,933 US$ 20152005: 31,329,923,063 US$ 20152006: 31,815,384,921 US$ 20152007: 34,777,595,316 US$ 20152008: 37,931,620,044 US$ 20152009: 41,812,842,420 US$ 20152010: 45,147,473,284 US$ 20152011: 45,539,055,324 US$ 20152012: 46,707,037,069 US$ 20152013: 48,494,923,363 US$ 20152014: 49,699,566,407 US$ 20152015: 49,929,337,837 US$ 20152016: 50,705,514,063 US$ 20152017: 51,163,399,288 US$ 20152018: 50,199,119,756 US$ 20152019: 46,727,888,411 US$ 20152020: 36,728,167,163 US$ 20152021: 34,156,740,537 US$ 20152022: 33,944,395,264 US$ 20152023: 33,686,219,465 US$ 20152024: 31,301,271,532 US$ 2015
Change over the period: +17.71B (+130.31%) Average annual rate: 2.34 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Lebanon

Lebanon 31.3B US$ 2015
World 96.83T US$ 2015
Western Asia computed 3.93T US$ 2015
Lower-middle-income countries computed 8.19T US$ 2015
GDP in constant prices — Lebanon, by year Lebanon All countries CSV XLSX
Year US$ 2015 Change Change, %
2024 31.3B −2.38B −7.08%
2023 33.69B −258M −0.76%
2022 33.94B −212M −0.62%
2021 34.16B −2.57B −7%
2020 36.73B −10B −21.4%
2019 46.73B −3.47B −6.91%
2018 50.2B −964M −1.88%
2017 51.16B +458M +0.9%
2016 50.71B +776M +1.55%
2015 49.93B +230M +0.46%
2014 49.7B +1.2B +2.48%
2013 48.49B +1.79B +3.83%
2012 46.71B +1.17B +2.56%
2011 45.54B +392M +0.87%
2010 45.15B +3.33B +7.98%
2009 41.81B +3.88B +10.23%
2008 37.93B +3.15B +9.07%
2007 34.78B +2.96B +9.31%
2006 31.82B +485M +1.55%
2005 31.33B +819M +2.69%
2004 30.51B +1.91B +6.68%
2003 28.6B +894M +3.23%
2002 27.71B +917M +3.42%
2001 26.79B +991M +3.84%
2000 25.8B +342M +1.34%
1999 25.46B −135M −0.53%
1998 25.59B +905M +3.67%
1997 24.69B +258M +1.05%
1996 24.43B +2.48B +11.29%
1995 21.95B +1.33B +6.45%
1994 20.62B +1.55B +8.11%
1993 19.08B +1.85B +10.77%
1992 17.22B +2.43B +16.44%
1991 14.79B +4.89B +49.45%
1990 9.9B +2.08B +26.53%
1989 7.82B −5.77B −42.45%
1988 13.59B

About the indicator

Gross domestic product in constant 2015 prices and at the exchange rate of that same year. Unlike nominal GDP, this series does not grow with inflation or with movements of the exchange rate, so it is the only one on which the size of a country's economy can be compared with its own past. The difference accumulates fast: over thirty years the nominal GDP of most countries grew several times more than the real one, and almost all of that difference is price growth.

Important: Suited to comparing a country with itself over time, but not countries with one another: conversion at the 2015 exchange rate does not account for differences in price levels. For cross-country comparison there is GDP at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.