🇱🇧 Lebanon Services, value added
Lebanon Services, value added was $33.91T in 2023, down 1.0% from 2022, according to World Bank data. The 10-year average is $41.52T. Historical data available from 1991 to 2023 (33 data points). The all-time high was $47.14T in 2017.
Source: World Bank World Development Indicators • 1991–2023 • 33 data points • Economy & Growth
Lebanon Services, value added (constant LCU) — 1991 to 2023
About this Indicator
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $33.91T |
| 2022 | $34.27T |
| 2021 | $34.47T |
| 2020 | $36.24T |
| 2019 | $44.34T |
| 2018 | $46.50T |
| 2017 | $47.14T |
| 2016 | $46.66T |
| 2015 | $46.16T |
| 2014 | $45.50T |
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