Gross national savings — all countries

Gross national savings — Lebanon

Gross national savings in Lebanon in 2023 — -12.5%. Ranked 155 in the world out of 156. Since 2002, the indicator has fallen by 8.3 pp.

2023 -12.5% +9.2 pp vs 2022
World rank 155of 156
Period maximum 14.7%2007
Period minimum -21.8%2022

Trend over time

2002–2023 · % of GDP

Gross national savings — Lebanon, 2002–2023-30-20-1001020200220052008201120142017202020232002: -4.2%2003: -16.4%2004: 6.5%2005: 7.5%2006: 10.3%2007: 14.7%2008: 8.1%2009: 7.5%2010: 4.9%2011: 2.7%2012: -2.5%2013: -2.3%2014: -3.6%2015: 2.4%2016: 2.1%2017: -0.9%2018: -3.8%2019: -6%2020: 2.2%2021: -6.6%2022: -21.8%2023: -12.5%
Change over the period: −8.3 pp Annual average: -0.4 pp

Comparison, 2023

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

Lebanon -12.5%
World 26.2%
Western Asia computed 32.4%
Gross national savings — Lebanon, by year Lebanon All countries CSV XLSX
Year % Change, pp
2023 -12.5 +9.2 pp
2022 -21.8 −15.2 pp
2021 -6.6 −8.8 pp
2020 2.2 +8.3 pp
2019 -6 −2.2 pp
2018 -3.8 −2.9 pp
2017 -0.9 −3 pp
2016 2.1 −0.4 pp
2015 2.4 +6.1 pp
2014 -3.6 −1.3 pp
2013 -2.3 +0.2 pp
2012 -2.5 −5.2 pp
2011 2.7 −2.2 pp
2010 4.9 −2.5 pp
2009 7.5 −0.6 pp
2008 8.1 −6.7 pp
2007 14.7 +4.5 pp
2006 10.3 +2.8 pp
2005 7.5 +1 pp
2004 6.5 +22.8 pp
2003 -16.4 −12.1 pp
2002 -4.2

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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