Lebanon GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Lebanon's gdp growth was -7.50% in 2024, ranked 197th globally. This represents a 971.4% decrease from 2023. Data from World Bank, covering 1980–2024.
Overview
Lebanon's gdp growth stood at -7.50% in 2024, a decline of +6.80pp from 2023. Lebanon ranked 197th globally.
Lebanon’s real GDP growth has swung dramatically over the 45‑year span recorded by the World Bank, moving from a modest 1.47 % increase in 1980 to an all‑time peak of 49.45 % in 1991, a year that coincided with the post‑civil‑war reconstruction surge, before plunging to a historic trough of –42.45 % in 1989 amid the height of the Lebanese war and hyperinflation. The latest figure for 2024 shows a contraction of –7.50 %, placing Lebanon at 197th in the global ranking and trailing peers such as Haiti (–4.17 %) and Timor‑Leste (–9.10 %). The volatility reflects repeated shocks from political instability, financial sector collapse and regional conflicts, which have repeatedly eroded investor confidence and curtailed private sector activity. Should structural reforms and a credible debt‑restructuring plan be implemented, the current downward trajectory could be moderated, offering a modest prospect for a return to positive growth in the medium term.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2024 | -7.50% | −6.80pp | #197 |
| 2023 | -0.76% | −1.76pp | #187 |
| 2022 | -0.62% | −2.64pp | #188 |
| 2021 | -7.00% | +17.60pp | #209 |
| 2020 | -21.40% | −14.60pp | #205 |
| 2019 | -6.91% | −5.06pp | #211 |
| 2018 | -1.88% | −2.80pp | #201 |
| 2017 | 0.90% | −0.66pp | #174 |
| 2016 | 1.55% | +1.10pp | #157 |
| 2015 | 0.46% | −2.00pp | #177 |
| 2014 | 2.48% | −1.33pp | #126 |
| 2013 | 3.83% | +1.29pp | #90 |
| 2012 | 2.56% | +1.70pp | #111 |
| 2011 | 0.87% | −7.11pp | #170 |
| 2010 | 7.98% | −2.26pp | #29 |
Detected Pattern
Analysis
Lebanon matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Lebanon's gdp growth was -7.50% in 2024. Ranked 197th globally. This represents a 971.4% decrease from the previous year.
Lebanon's gdp growth peaked at 49.45% in 1991.
The lowest gdp growth in Lebanon was -42.45% in 1989.
Lebanon ranks 197th globally in gdp growth as of 2024.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
The gdp growth of Lebanon in 2024 was -7.50%. This ranks 197th in the world.
Cite this page
@misc{historysaid_lebanon_gdp-growth,
title = {Lebanon GDP Growth},
url = {https://historysaid.com/lebanon/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}