Lebanon GDP Trends from 1980 to 2022: A overall increase with some decline Flow

Lebanon's GDP changed from approximately $4B 19M in 1980 to $21B 780M in 2022, showing an overall 441.8% sharply increased during the period.
The lowest GDP was recorded in 1982 at $2B 621M, and the highest in 2018 at $54B 901M.
Over the 42-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 4.1%.
For comparison, the average annual growth rate of Israel was 7.2%, and that of Egypt was 6.3%.

Overview of Lebanon's GDP (1980–2022)

The Gross Domestic Product (GDP) of Lebanon recorded a 441.8% sharply increased from 1980 to 2022.
The average GDP during this period was $21B 99M, and the median was $17B 361M.
GDP fluctuated within a range of $52B 280M, with a standard deviation of $17B 81M.
The average annual change was $1B 171M.


Lebanon GDP from 1980 to 2022

The total market value of goods and services produced annually in Lebanon.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1982, $2B 621M
    • Highest GDP: 2018, $54B 901M
    • Most Recent GDP: 2022, $21B 780M

    Notable Annual GDP Changes

    • 2009: Significant increase in GDP
    • 2020: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Lebanon's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $50B 880M → $24B 494M
    • Outcome: sharply declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $24B 827M → $35B 400M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $17B 18M → $17B 361M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $15B 535M → $17B 59M
    • Outcome: increased

    Key Economic Indicators of Lebanon (1980–2022)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 4B 19M
    $ 1,552.84
    $ 6,345.09
    $ 16B 427M
    1.467 %
    -3.457 %
    14.64 %
    0 %
    2M 589K people
    1981
    $ 3B 843M
    $ 1,481.17
    $ 6,969.13
    $ 18B 80M
    0.55 %
    -19.414 %
    −1.29 %
    0 %
    2M 594K people
    1982
    $ 2B 621M
    $ 1,005.59
    $ 4,656.22
    $ 12B 135M
    -36.789 %
    37.814 %
    65.12 %
    0 %
    2M 606K people
    1983
    $ 3B 611M
    $ 1,377.27
    $ 5,901.32
    $ 15B 474M
    22.71 %
    -32.592 %
    −11.02 %
    0 %
    2M 622K people
    1984
    $ 4B 269M
    $ 1,618.26
    $ 8,780.39
    $ 23B 163M
    44.479 %
    -27.149 %
    −13.82 %
    0 %
    2M 638K people
    1985
    $ 3B 566M
    $ 1,344.58
    $ 11,199.97
    $ 29B 702M
    24.3 %
    -13.77 %
    −6.18 %
    0 %
    2M 652K people
    1986
    $ 2B 780M
    $ 1,044.67
    $ 10,616.03
    $ 28B 248M
    -6.773 %
    -7.555 %
    −2.14 %
    0 %
    2M 661K people
    1987
    $ 3B 254M
    $ 1,219.75
    $ 12,665.36
    $ 33B 790M
    16.729 %
    -6.146 %
    −2.22 %
    0 %
    2M 668K people
    1988
    $ 3B 269M
    $ 1,217.82
    $ 9,354.62
    $ 25B 114M
    -28.209 %
    -21.688 %
    −5.59 %
    0 %
    2M 685K people
    1989
    $ 2B 682M
    $ 983.64
    $ 5,533.39
    $ 15B 86M
    -42.195 %
    -22.499 %
    26 %
    0 %
    2M 726K people
    1990
    $ 2B 801M
    $ 999.18
    $ 4,834.21
    $ 13B 550M
    -13.421 %
    -39.204 %
    18.01 %
    -19.196 %
    2M 803K people
    1991
    $ 4B 392M
    $ 1,503.38
    $ 6,626.33
    $ 19B 360M
    38.2 %
    -57.463 %
    19.55 %
    -14.458 %
    2M 922K people
    1992
    $ 5B 472M
    $ 1,778.90
    $ 6,726.43
    $ 20B 691M
    4.495 %
    -50.529 %
    36.30 %
    -18.442 %
    3M 76K people
    1993
    $ 7B 435M
    $ 2,290.38
    $ 6,982
    $ 22B 664M
    7 %
    -6.188 %
    23.29 %
    -1.133 %
    3M 246K people
    1994
    $ 8B 988M
    $ 2,641.04
    $ 7,347.81
    $ 25B 7M
    8.03 %
    -6.249 %
    26.59 %
    -19.26 %
    3M 403K people
    1995
    $ 10B 971M
    $ 3,109.26
    $ 7,705.85
    $ 27B 189M
    6.493 %
    -9.764 %
    23.62 %
    -3.099 %
    3M 528K people
    1996
    $ 12B 824M
    $ 3,551.80
    $ 7,977.77
    $ 28B 805M
    4.038 %
    -10.266 %
    20.31 %
    -12.52 %
    3M 611K people
    1997
    $ 15B 535M
    $ 4,246.44
    $ 8,825.54
    $ 32B 287M
    10.19 %
    -32.419 %
    −3.38 %
    -9.99 %
    3M 658K people
    1998
    $ 17B 59M
    $ 4,618.67
    $ 9,184.71
    $ 33B 924M
    3.9 %
    -29.917 %
    4.12 %
    -4.31 %
    3M 694K people
    1999
    $ 17B 174M
    $ 4,582.36
    $ 9,106.41
    $ 34B 128M
    -0.8 %
    -19.38 %
    6.01 %
    -2.719 %
    3M 748K people