Lebanon Trade (% GDP)
Lebanon's trade (% GDP) fell to 104.21% in 2023, down from 114.89% in 2022, according to World Bank. This represents a decrease of 10.68% from the previous year. Lebanon has trade (% GDP) higher than the global median (104.21% vs median 84.49%). Compared with the median in Asia, Lebanon is higher (104.21% vs regional median 82.69%) and ranks 17th out of 45 countries in Asia.
Yearly Historical Data (1989-2023)
(in %)Lebanon Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Lebanon divided by its total economic output, shown as a percentage.