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Lebanon — GDP growth

GDP Growth (Annual %) for Lebanon, 1989–2024.

Latest value · 2024
-7.08%
GDP Growth (Annual %) · annual % · +83.3% since 1989

GDP growth for Lebanon was -7.08% in 2024, according to the latest World Bank data. The series covers 36 years, from 1989 to 2024. The highest recorded value was 49.45% in 1991. The lowest was -42.45% in 1989 (about 6.0× the latest value).

Lebanon ranks 211 of 212 economies on this measure (1 = highest), putting it in the top 100%. The median for Middle East, North Africa, Afghanistan & Pakistan is 2.93%, so Lebanon sits below it. It peaked in 1991 and has fallen 114% since. Over the last decade (2014–2024) the figure moved down 385%.

Key figures

Latest (2024)
-7.08%
First (1989)
-42.45%
Change
+83.3%
Highest
49.45%
in 1991
Lowest
-42.45%
in 1989
Average
3.25%
Annual growth (CAGR)
Years of data
36

Recent years

Yearannual %
2024-7.08%
2023-0.76%
2022-0.62%
2021-7%
2020-21.4%
2019-6.91%
2018-1.88%
20170.9%
20161.55%
20150.46%
20142.48%
20133.83%
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.