Lebanon Real GDP Growth
2005 - 2020 | Yearly | % | Central Administration of Statistics
Key information about Lebanon Real GDP Growth
- The Gross Domestic Product (GDP) in Lebanon contracted 25.9 % YoY in Dec 2020, following a negative growth of 6.9 % in the previous year.
- Real GDP Growth YoY data in Lebanon is updated yearly, available from Dec 2005 to Dec 2020, with an average rate of 2.0 %.
- The data reached an all-time high of 10.2 % in Dec 2009 and a record low of -25.9 % in Dec 2020.
Related information about Lebanon Real GDP Growth
- In the latest reports, Nominal GDP of Lebanon reached 63.5 USD bn in Dec 2020.
- Its GDP deflator (implicit price deflator) increased 61.1 % in Dec 2020.
- GDP Per Capita in Lebanon 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.
View Lebanon's Real GDP Growth from 2005 to 2020 in the chart:
What was Lebanon's Real GDP Growth in 2020?
The Gross Domestic Product (GDP) in Lebanon contracted 25.9 % YoY in Dec 2020, following a negative growth of 6.9 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -25.9 2020 | -6.9 2019 | -25.9 2020 | 10.2 2009 | % | yearly | 2005 - 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.7 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Algeria (%) | 3.0 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Argentina (%) | 1.2 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Armenia (%) | 12.1 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
| Australia (%) | 2.7 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
| Austria (%) | 1.8 Mar 2023 | quarterly | Mar 1989 - Mar 2023 |
| Azerbaijan (%) | 1.1 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Bahrain (%) | 3.9 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Bangladesh (%) | 7.1 2022 | yearly | 2007 - 2022 |
| Belarus (%) | -2.0 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
| Belgium (%) | 1.9 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Bolivia (%) | 4.3 Jun 2022 | quarterly | Mar 1991 - Jun 2022 |
| Bosnia and Herzegovina (%) | 2.6 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| Botswana (%) | 6.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Brazil (%) | 3.4 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| Brunei (%) | 0.9 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Bulgaria (%) | 2.3 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cambodia (%) | 5.3 2022 | yearly | 1994 - 2022 |
| Canada (%) | 2.1 Dec 2022 | quarterly | Mar 1962 - Dec 2022 |
| Chile (%) | -0.1 Sep 2022 | quarterly | Mar 1987 - Sep 2022 |
| China (%) | 4.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Colombia (%) | 2.9 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Croatia (%) | 4.0 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cyprus (%) | 3.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Czech Republic (%) | 0.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Denmark (%) | 1.5 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
| Ecuador (%) | 3.2 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Egypt (%) | 4.4 Sep 2022 | quarterly | Sep 2002 - Sep 2022 |
| Estonia (%) | -4.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| European Union (%) | 1.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Finland (%) | -0.3 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| France (%) | 0.9 Mar 2023 | quarterly | Mar 1950 - Mar 2023 |
| Georgia (%) | 9.7 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Germany (%) | -0.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Ghana (%) | 0.5 Sep 2023 | quarterly | Jun 2006 - Sep 2023 |
| Greece (%) | 5.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Hong Kong SAR, China (%) | 2.8 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Hungary (%) | 0.8 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Iceland (%) | 6.1 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| India (%) | 4.4 Dec 2022 | quarterly | Jun 2005 - Dec 2022 |
| Indonesia (%) | 5.0 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Iran (%) | 5.0 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
| Ireland (%) | -0.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Israel (%) | 2.5 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Italy (%) | 1.4 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
| Ivory Coast (%) | 6.8 2022 | yearly | 1966 - 2022 |
| Japan (%) | 0.4 Dec 2022 | quarterly | Mar 1956 - Dec 2022 |
| Jordan (%) | 2.8 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Kazakhstan (%) | 3.4 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
| Kenya (%) | 5.2 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| South Korea (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
| Kosovo (%) | 4.0 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Kuwait (%) | 0.3 Sep 2023 | quarterly | Jun 2010 - Sep 2023 |
| Kyrgyzstan (%) | 7.0 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
| Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
| Latvia (%) | 0.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Lebanon (%) | -25.9 2020 | yearly | 2005 - 2020 |
| Lithuania (%) | -0.4 Dec 2022 | quarterly | Jun 1995 - Dec 2022 |
| Luxembourg (%) | -2.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Macau SAR, China (%) | -23.4 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| North Macedonia (%) | 0.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
| Malaysia (%) | 7.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Malta (%) | 4.3 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mauritius (%) | 7.4 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Mexico (%) | 3.7 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Moldova (%) | -10.3 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Mongolia (%) | 7.7 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Montenegro (%) | 4.3 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 0.5 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
| Myanmar (%) | 3.5 2022 | yearly | 2011 - 2022 |
| Nepal (%) | 0.7 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Netherlands (%) | 2.1 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| New Zealand (%) | 1.8 Mar 2023 | quarterly | Jun 1983 - Mar 2023 |
| Nigeria (%) | 2.3 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
| Norway (%) | 1.8 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
| Oman (%) | 3.1 2021 | yearly | 1999 - 2021 |
| Pakistan (%) | 1.7 2023 | yearly | 2001 - 2023 |
| Palestinian Territory (%) | -29.3 Dec 2023 | quarterly | Jun 2000 - Dec 2023 |
| Panama (%) | 9.5 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Paraguay (%) | 5.2 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Peru (%) | -0.4 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Philippines (%) | 7.1 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Poland (%) | 0.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
| Qatar (%) | 1.0 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Romania (%) | 2.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Russia (%) | -2.6 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Saudi Arabia (%) | -3.7 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
| Singapore (%) | 0.4 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| Slovakia (%) | 1.2 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Slovenia (%) | 2.6 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| South Africa (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
| Spain (%) | 2.7 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Sri Lanka (%) | -12.4 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Sudan (%) | -1.9 2021 | yearly | 1983 - 2021 |
| Sweden (%) | -0.1 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
| Switzerland (%) | 0.7 Mar 2023 | quarterly | Mar 1966 - Mar 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Consolidated Fiscal Balance (USD mn) | 405.307 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Tax Revenue (USD mn) | 1,153.980 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Tax Revenue: % of GDP (%) | 10.9 2020 | yearly | 1998 - 2020 |
| National Government Debt (USD mn) | 100,370.8 Dec 2021 | monthly | Dec 2001 - Dec 2021 |
| Government Debt: % of GDP (%) | 150.6 2020 | yearly | 1998 - 2020 |
| Forecast: Government Expenditure (LBP bn) | 61,857.670 2022 | yearly | 1990 - 2022 |
| Forecast: Government Net Debt (LBP bn) | 1,556,473.950 2022 | yearly | 2000 - 2022 |
| Forecast: Government Revenue (LBP bn) | 34,858.450 2022 | yearly | 1990 - 2022 |
| Govt Transactions: Budget: Revenue: Tax (LBP mn) | 1,739,625.000 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Govt Transactions: Budget Deficit or Surplus (LBP mn) | 597,020.000 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Govt Transactions: Budget: Revenue (LBP mn) | 2,118,726.000 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Govt Transactions: Budget: Revenue: Tax: Value Added Tax (LBP mn) | 521,161.000 Dec 2021 | monthly | Feb 2002 - Dec 2021 |
| Govt Transactions: Budget: Expenditure (LBP mn) | 1,521,706.000 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Government Expenditure: ytd: Current (LBP bn) | 15,619.000 Dec 2021 | monthly | Sep 2003 - Dec 2021 |
| Government Expenditure: ytd: Capital (LBP bn) | 246.000 Dec 2021 | monthly | Sep 2003 - Dec 2021 |
| Public Debt: Outstanding: Net (LBP bn) | 125,760.000 Jan 2023 | monthly | Dec 1993 - Jan 2023 |
| Public Debt: Outstanding: Gross: Domestic (LBP bn) | 890,545.000 Feb 2023 | monthly | Dec 1993 - Feb 2023 |
| Public Debt: Outstanding: Gross: Foreign (LBP bn) | 58,062.000 Dec 2021 | monthly | Dec 2001 - Dec 2021 |
| Public Debt: Outstanding: Gross (LBP bn) | 151,309.000 Dec 2021 | monthly | Dec 2001 - Dec 2021 |
| Public Debt: Outstanding: Gross: Domestic: Short Term Treasury Bills (LBP bn) | 4,916.000 Feb 2023 | monthly | Dec 1993 - Feb 2023 |
| Public Debt: Outstanding: Gross: Domestic: Long Term Bonds (LBP bn) | 85,953.000 Feb 2023 | monthly | Dec 1993 - Feb 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -21.652 2020 | yearly | 1980 - 2020 |
| Trade Balance (USD mn) | -397.4 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Total Exports (USD mn) | 271.9 Dec 2022 | monthly | Jan 1993 - Dec 2022 |
| Total Exports Growth (%) | 1,697.6 Aug 2023 | monthly | Jan 1994 - Aug 2023 |
| Aluminum: Exports (USD th) | 21,709.941 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 45,746.201 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,189.821 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,251.0 Dec 2022 | monthly | Jan 1993 - Dec 2022 |
| Total Imports Growth (%) | 1,305.3 Aug 2023 | monthly | Jan 1994 - Aug 2023 |
| Imports: Medicament (USD th) | 446,353.363 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 313,535.469 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 2.304 Aug 2023 | monthly | Jan 2010 - Aug 2023 |
| Total Imports from USA (USD mn) | 17.625 Aug 2023 | monthly | Jan 2010 - Aug 2023 |
| Total Exports to China (USD mn) | 0.810 Aug 2023 | monthly | Jan 2010 - Aug 2023 |
| Total Imports from China (USD mn) | 56.200 Aug 2023 | monthly | Jan 1981 - Aug 2023 |
| Exports: LBP (LBP bn) | 7,651.207 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Imports: LBP (LBP bn) | 41,624.699 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Trade Balance: LBP (LBP bn) | -33,973.492 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Exports: HS: 1-Digit: LBP: Prepared Foodstuffs, Beverages and Tobacco (LBP mn) | 774,615.209 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Exports: HS: 1-Digit: LBP: Pearls, Precious Stones and Metals (LBP mn) | 2,064,214.309 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Exports: HS: 1-Digit: LBP: Machinery and Electrical Instruments (LBP mn) | 865,269.539 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Exports: HS: 1-Digit: LBP: Products of Chemical and Allied Industries (LBP mn) | 839,052.546 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Exports: HS: 1-Digit: LBP: Base Metals and Articles of Base Metal (LBP mn) | 1,078,412.817 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Exports: MENA: Syria (USD mn) | 24.235 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Exports: MENA: Iraq (USD mn) | 39.262 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Exports: MENA: United Arab Emirates (USD mn) | 117.369 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Exports: MENA: Saudi Arabia (USD mn) | 0.048 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Exports: Europe: Switzerland (USD mn) | 24.882 Dec 2018 | quarterly | Mar 2004 - Dec 2018 |
| Exports: Monthly: ow United States of America (USD) | 5,951,000.000 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Exports: Monthly: ow China (USD) | 37,000.000 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Imports: HS: 1-Digit: LBP: Products of Chemical and Allied Industries (LBP mn) | 3,561,632.560 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Imports: HS: 1-Digit: LBP: Prepared Foodstuffs, Beverages and Tobacco (LBP mn) | 2,283,487.818 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Imports: HS: 1-Digit: LBP: Vehicles, Aircraft, Vessels, Transport Equipment (LBP mn) | 2,390,364.724 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Imports: HS: 1-Digit: LBP: Mineral Products (LBP mn) | 9,703,435.688 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Imports: HS: 1-Digit: LBP: Machinery and Electrical Instruments (LBP mn) | 4,056,713.308 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Imports: Europe: France (USD mn) | 74.311 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Imports: MENA: Turkey (USD mn) | 307.937 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Imports: Europe: Germany (USD mn) | 122.175 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Imports: Europe: Italy (USD mn) | 255.825 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Imports: Monthly: ow United States of America (USD) | 73,007,000.000 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Imports: Monthly: ow China (USD) | 65,944,000.000 Jan 2020 | monthly | Jan 2010 - Jan 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 23.8 Jun 2020 | quarterly | Jun 2011 - Jun 2020 |
| Money Supply M1 (USD mn) | 5,771.887 Nov 2023 | monthly | Dec 1979 - Nov 2023 |
| Money Supply M2 (USD mn) | 6,783.793 Nov 2023 | monthly | Dec 1979 - Nov 2023 |
| M2 Growth (%) | -5.5 Nov 2023 | monthly | Dec 1980 - Nov 2023 |
| Reserve Requirement Ratio (%) | 25.0 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 14,738.7 Feb 2023 | monthly | Jun 1990 - Feb 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 65.941 2020 | yearly | 2004 - 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 12.5 Dec 2022 | monthly | Jan 1993 - Dec 2022 |
| Gold Reserves (USD mn) | 19,165.409 Dec 2023 | monthly | Dec 1950 - Dec 2023 |
| Total Deposits (USD mn) | 96,540.180 Apr 2023 | monthly | Dec 2017 - Apr 2023 |
| Domestic Credit (USD mn) | 105,909.1 Jan 2018 | monthly | Mar 1965 - Jan 2018 |
| Domestic Credit Growth (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
| Total Loans (USD mn) | 12,866.644 Jun 2023 | monthly | Mar 2002 - Jun 2023 |
| Total Loans Growth (%) | 315.62 Jun 2023 | monthly | Mar 2003 - Jun 2023 |
| Private Debt: % of Nominal GDP (%) | 102.16 2017 | yearly | 1988 - 2017 |
| Money Supply: M4 (LBP bn) | 223,562.00 Jul 2018 | monthly | Jan 2017 - Jul 2018 |
| Money Supply: M3 (LBP bn) | 212,335.00 Jul 2018 | monthly | Jan 2017 - Jul 2018 |
| Reserve Requirement Ratio: Local Currency: Time Liabilities (%) | 15.000 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
More Indicators for Lebanon
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