Lebanon: Commercial banks and other lending (PPG + PNG) (NFL, current US$)

Key figures

What the numbers say

In 2024, Lebanon's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$1.33 billion on 2023 (from −US$2.29 billion to −US$959.17 million).

Across the 30 yearly changes before that (1985 to 2023), the average change was −US$76.38 million and a typical year strayed about US$2.55 billion from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$4.82 billion in 2021 and the biggest yearly fall was US$10.75 billion in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 19% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Lebanon had the 78th highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Lebanon in the 2024 ranking

• Lao PDR — 75th of 87: −US$784.74 million
• Belarus — 76th of 87: −US$828.98 million
• Angola — 77th of 87: −US$924.98 million
• Ghana — 79th of 87: −US$1.08 billion
• Zambia — 80th of 87: −US$1.14 billion
• Peru — 81st of 87: −US$2.4 billion

What this measures

Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).

Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.

Regional and income-group figures are computed by the World Bank as a sum.

All 37 values

Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies

• Algeria — US$12.51 million (2022)
• Djibouti — −US$2.64 million (2015)
• Egypt, Arab Rep. — −US$451.06 million (2024)
• Iran, Islamic Rep. — −US$20.97 million (2024)
• Jordan — −US$631.12 million (2024)
• Morocco — US$170.33 million (2024)
• Pakistan — US$834.85 million (2024)
• Syrian Arab Republic — US$0 (2024)
• Tunisia

More economic policy & debt data for Lebanon

• Total reserves, including gold (current US$) — US$33.3 billion (2024)
• Total reserves, excluding gold (current US$) — US$9.24 billion (2024)
• Grants, excluding technical cooperation (BoP, current US$) — US$1.42 billion (2023)
• Technical cooperation grants (BoP, current US$) — US$330.71 million (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$1.43 billion (2023)
• Net official development assistance and official aid received (current US$) — US$1.75 billion (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$1.75 billion (2023)
• Net official development assistance received (current US$) — US$1.75 billion (2023)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Lebanon's commercial banks and other lending (PPG + PNG) (NFL, current US$)?

−US$959.17 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1980?

It is down 1,474% from US$69.81 million in 1980. The highest value was US$5.3 billion in 2018 and the lowest −US$10.29 billion in 2020.

How does Lebanon rank?

78th highest of 87 economies with data for 2024.

Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Lebanon?

In 2024, Lebanon's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$1.33 billion on 2023 (from −US$2.29 billion to −US$959.17 million). Across the 30 yearly changes before that (1985 to 2023), the average change was −US$76.38 million and a typical year strayed about US$2.55 billion from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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