Goods and services expense (current LCU) in Lebanon
Lebanon: Goods and services expense (current LCU) was 19.06 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Lebanon, 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Lebanon stood at 19.06 trillion current LCU. That is the highest value across all 26 years on record.
That represents a change of up 2,660.7% on the previous year and up 2,384.0% over ten years.
Over the whole period, goods and services expense in Lebanon peaked at 19.06 trillion current LCU in 2024 and was at its lowest, 205.80 billion current LCU, in 2000.
Lebanon ranks 5th of 155 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (current LCU) in Lebanon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 1.20 trillion current LCU | — |
| 1998 | 761.00 billion current LCU | -36.6% |
| 1999 | 631.02 billion current LCU | -17.1% |
| 2000 | 205.80 billion current LCU | -67.4% |
| 2001 | 237.20 billion current LCU | +15.3% |
| 2002 | 232.70 billion current LCU | -1.9% |
| 2003 | 242.58 billion current LCU | +4.2% |
| 2004 | 250.80 billion current LCU | +3.4% |
| 2005 | 232.18 billion current LCU | -7.4% |
| 2006 | 291.92 billion current LCU | +25.7% |
| 2007 | 331.04 billion current LCU | +13.4% |
| 2008 | 459.08 billion current LCU | +38.7% |
| 2009 | 494.12 billion current LCU | +7.6% |
| 2010 | 527.69 billion current LCU | +6.8% |
| 2011 | 581.95 billion current LCU | +10.3% |
| 2012 | 539.28 billion current LCU | -7.3% |
| 2013 | 792.37 billion current LCU | +46.9% |
| 2014 | 767.20 billion current LCU | -3.2% |
| 2015 | 747.39 billion current LCU | -2.6% |
| 2016 | 678.50 billion current LCU | -9.2% |
| 2017 | 977.50 billion current LCU | +44.1% |
| 2018 | 967.03 billion current LCU | -1.1% |
| 2019 | 773.75 billion current LCU | -20.0% |
| 2020 | 796.23 billion current LCU | +2.9% |
| 2021 | 690.33 billion current LCU | -13.3% |
| 2024 | 19.06 trillion current LCU | +2660.6% |
Lebanon compared with similar countries
- Lebanon's 19.06 trillion current LCU is above the median for lower middle income countries, which is 40.65 billion current LCU, 468.9× the median. (36 countries reporting)
- Lebanon's 19.06 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 40.65 billion current LCU, 468.9× the median. (14 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (current LCU) in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +2660.6% | 690.33 billion current LCU | 19.06 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 864.34 billion current LCU | 631.02 billion current LCU | 1.20 trillion current LCU | 3 |
| 2000s | 297.74 billion current LCU | 205.80 billion current LCU | 494.12 billion current LCU | 10 |
| 2010s | 735.27 billion current LCU | 527.69 billion current LCU | 977.50 billion current LCU | 10 |
| 2020s | 6.85 trillion current LCU | 690.33 billion current LCU | 19.06 trillion current LCU | 3 |
Countries ranked near Lebanon
More public sector data for Lebanon
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.55 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -35.71 % change on previous year (2024)
Frequently asked questions
- What is goods and services expense in Lebanon?
- Goods and services expense in Lebanon was 19.06 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Lebanon?
- The highest recorded value was 19.06 trillion current LCU in 2024.
- What is the lowest goods and services expense recorded in Lebanon?
- The lowest recorded value was 205.80 billion current LCU in 2000.
- How does Lebanon rank for goods and services expense?
- Lebanon ranks 5th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Lebanon?
- Over the last ten years it is up 2,384.0%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.