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Lebanon GDP

Lebanon's GDP fell to $20.08 billion in 2023, down from $20.99 billion in 2022, according to World Bank. This represents a decrease of 4.4% ($913.8 million) from the previous year and accounts for 0.02% of the world's total GDP. Lebanon has GDP lower than the global median ($20.08 billion vs median $35.85 billion). Compared with the median in Asia, Lebanon is lower ($20.08 billion vs regional median $98.96 billion) and ranks 37th out of 47 countries in Asia.

Lebanon's GDP per capita fell to $5,834.63 in 2023, down from $5,909.04 in 2022.

Yearly Historical Data (1988-2023)

(in Billion USD)
Year GDP (Billion USD)
2023 20.08
2022 20.99
2021 23.13
2020 31.71
2019 51.61
2018 54.9
2017 53.03
2016 51.15
2015 49.93
2014 48.1
2013 46.88
2012 44.02
2011 39.93
2010 38.44
2009 35.4
2008 29.12
2007 24.83
2006 22.02
2005 21.5
2004 21.16
2003 20.08
2002 19.15
2001 17.65
2000 17.26
1999 17.39
1998 17.25
1997 15.75
1996 13.69
1995 11.72
1994 9.6
1993 7.94
1992 5.84
1991 4.69
1990 2.84
1989 2.72
1988 3.31
Lebanon GDP : Definition
GDP measures the total value of all goods and services produced in Lebanon, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate -0.76% -0.62% 2023
GDP per Capita $5,834.63 $5,909.04 2023
GDP per Capita PPP $11,330.27 $11,474.75 2023
Real GDP $33.69B $33.94B 2023