🇱🇧 Lebanon Gross value added at basic prices

Lebanon Gross value added at basic prices was $34.43B in 2023, down 0.8% from 2022, according to World Bank data. The 10-year average is $41.88B. Historical data available from 1989 to 2023 (35 data points). The all-time high was $47.47B in 2017.

Source: World Bank World Development Indicators • 1989202335 data pointsEconomy & Growth

Latest Value
$34.43B
2023
Year-on-Year
-0.8%
vs 2022
10-Year Average
$41.88B
20142023
Range
High: $47.47B (2017)
Low: $9.01B (1989)

Lebanon Gross value added at basic prices (GVA) (constant 2015 US$)1989 to 2023

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About this Indicator

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2023$34.43B
2022$34.72B
2021$34.93B
2020$36.88B
2019$43.83B
2018$46.67B
2017$47.47B
2016$46.99B
2015$46.33B
2014$46.51B

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