GDP growth — all countries

GDP growth — Lebanon

GDP growth in Lebanon in 2024 — -7.08%. Ranked 196 in the world out of 200. Since 1989, the indicator has risen by 35.37 pp.

2024 -7.08% −6.32 pp vs 2023
World rank 196of 200
Period maximum 49.45%1991
Period minimum -42.45%1989

Trend over time

1989–2024 · % per year

GDP growth — Lebanon, 1989–2024-50-250255019891993199720012005200920132017202120241989: -42.45%1990: 26.53%1991: 49.45%1992: 16.44%1993: 10.77%1994: 8.11%1995: 6.45%1996: 11.29%1997: 1.05%1998: 3.67%1999: -0.53%2000: 1.34%2001: 3.84%2002: 3.42%2003: 3.23%2004: 6.68%2005: 2.69%2006: 1.55%2007: 9.31%2008: 9.07%2009: 10.23%2010: 7.98%2011: 0.87%2012: 2.56%2013: 3.83%2014: 2.48%2015: 0.46%2016: 1.55%2017: 0.9%2018: -1.88%2019: -6.91%2020: -21.4%2021: -7%2022: -0.62%2023: -0.76%2024: -7.08%
Change over the period: +35.37 pp Annual average: 1.01 pp

Comparison, 2024

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

Lebanon -7.08%
World 2.9%
Western Asia computed 2.38%
GDP growth — Lebanon, by year Lebanon All countries CSV XLSX
Year % Change, pp
2024 -7.08 −6.32 pp
2023 -0.76 −0.14 pp
2022 -0.62 +6.38 pp
2021 -7 +14.4 pp
2020 -21.4 −14.48 pp
2019 -6.91 −5.03 pp
2018 -1.88 −2.79 pp
2017 0.9 −0.65 pp
2016 1.55 +1.09 pp
2015 0.46 −2.02 pp
2014 2.48 −1.34 pp
2013 3.83 +1.26 pp
2012 2.56 +1.7 pp
2011 0.87 −7.11 pp
2010 7.98 −2.26 pp
2009 10.23 +1.16 pp
2008 9.07 −0.24 pp
2007 9.31 +7.76 pp
2006 1.55 −1.14 pp
2005 2.69 −3.99 pp
2004 6.68 +3.45 pp
2003 3.23 −0.2 pp
2002 3.42 −0.42 pp
2001 3.84 +2.5 pp
2000 1.34 +1.87 pp
1999 -0.53 −4.19 pp
1998 3.67 +2.61 pp
1997 1.05 −10.23 pp
1996 11.29 +4.84 pp
1995 6.45 −1.66 pp
1994 8.11 −2.66 pp
1993 10.77 −5.67 pp
1992 16.44 −33.01 pp
1991 49.45 +22.91 pp
1990 26.53 +68.98 pp
1989 -42.45

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

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