🇱🇧 Lebanon Gross value added at basic prices

Lebanon Gross value added at basic prices was $42.11T in 2023, down 0.8% from 2022, according to World Bank data. The 10-year average is $51.21T. Historical data available from 1989 to 2023 (35 data points). The all-time high was $58.05T in 2017.

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

Latest Value
$42.11T
2023
Year-on-Year
-0.8%
vs 2022
10-Year Average
$51.21T
20142023
Range
High: $58.05T (2017)
Low: $11.02T (1989)

Lebanon Gross value added at basic prices (GVA) (constant LCU)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 varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2023$42.11T
2022$42.46T
2021$42.72T
2020$45.10T
2019$53.60T
2018$57.07T
2017$58.05T
2016$57.47T
2015$56.66T
2014$56.87T

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