Net incurrence of liabilities, total (current LCU) in Lebanon
Lebanon: Net incurrence of liabilities, total (current LCU) was 1.13 trillion current LCU in 2024. ▲ Rising
Net incurrence of liabilities, total in Lebanon, 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net incurrence of liabilities, total in Lebanon stood at 1.13 trillion current LCU. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 75.5% on the previous year and down 78.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Lebanon peaked at 9.51 trillion current LCU in 2019 and was at its lowest, 1.13 trillion current LCU, in 2024.
Lebanon ranks 31st of 136 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Net incurrence of liabilities, total (current LCU) in Lebanon, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 3.44 trillion current LCU | — |
| 1998 | 4.67 trillion current LCU | +35.9% |
| 1999 | 5.89 trillion current LCU | +26.2% |
| 2000 | 5.88 trillion current LCU | -0.2% |
| 2001 | 4.82 trillion current LCU | -18.1% |
| 2002 | 3.98 trillion current LCU | -17.3% |
| 2003 | 3.62 trillion current LCU | -9.2% |
| 2004 | 3.59 trillion current LCU | -0.9% |
| 2005 | 3.77 trillion current LCU | +5.0% |
| 2006 | 2.60 trillion current LCU | -31.0% |
| 2007 | 2.45 trillion current LCU | -5.6% |
| 2008 | 7.50 trillion current LCU | +206.0% |
| 2009 | 6.26 trillion current LCU | -16.6% |
| 2010 | 2.70 trillion current LCU | -56.9% |
| 2011 | 2.44 trillion current LCU | -9.4% |
| 2012 | 6.33 trillion current LCU | +159.0% |
| 2013 | 8.84 trillion current LCU | +39.6% |
| 2014 | 5.35 trillion current LCU | -39.5% |
| 2015 | 6.12 trillion current LCU | +14.3% |
| 2016 | 6.81 trillion current LCU | +11.3% |
| 2017 | 6.56 trillion current LCU | -3.6% |
| 2018 | 8.49 trillion current LCU | +29.3% |
| 2019 | 9.51 trillion current LCU | +12.0% |
| 2020 | 5.96 trillion current LCU | -37.3% |
| 2021 | 4.61 trillion current LCU | -22.7% |
| 2024 | 1.13 trillion current LCU | -75.5% |
Lebanon compared with similar countries
- Lebanon's 1.13 trillion current LCU is above the median for lower middle income countries, which is 47.21 billion current LCU, 23.9× the median. (34 countries reporting)
- Lebanon's 1.13 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 12.20 billion current LCU, 92.5× the median. (13 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (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 |
|---|---|---|---|
| 2008 | +206.0% | 2.45 trillion current LCU | 7.50 trillion current LCU |
| 2012 | +159.0% | 2.44 trillion current LCU | 6.33 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.67 trillion current LCU | 3.44 trillion current LCU | 5.89 trillion current LCU | 3 |
| 2000s | 4.45 trillion current LCU | 2.45 trillion current LCU | 7.50 trillion current LCU | 10 |
| 2010s | 6.31 trillion current LCU | 2.44 trillion current LCU | 9.51 trillion current LCU | 10 |
| 2020s | 3.90 trillion current LCU | 1.13 trillion current LCU | 5.96 trillion current LCU | 3 |
Countries ranked near Lebanon
- 28 Costa Rica 1.29 trillion current LCU compare
- 29 Philippines 1.28 trillion current LCU compare
- 30 Laos 1.27 trillion current LCU compare
- 32 Burkina Faso 900.19 billion current LCU compare
- 33 Kenya 883.55 billion current LCU compare
- 34 Brazil 865.42 billion current LCU compare
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 net incurrence of liabilities, total in Lebanon?
- Net incurrence of liabilities, total in Lebanon was 1.13 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Lebanon?
- The highest recorded value was 9.51 trillion current LCU in 2019.
- What is the lowest net incurrence of liabilities, total recorded in Lebanon?
- The lowest recorded value was 1.13 trillion current LCU in 2024.
- How does Lebanon rank for net incurrence of liabilities, total?
- Lebanon ranks 31st out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Lebanon?
- Over the last ten years it is down 78.9%. The long-run trend across the full record is rising.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.