Lebanon's final consumption expenditure (current LCU) was 3,118.37 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 3,907% from 77.82 trillion in 2014 (44.64% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3,118.37 trillion | 2024 |
| Five years earlier | 87.62 trillion | 2019 |
| Ten years earlier | 77.82 trillion | 2014 |
| Highest | 3,118.37 trillion | 2024 |
| Lowest | 2.68 trillion | 1990 |
| Average since 2015 | 724.72 trillion | 2015–2024 |
| First recorded | 2.68 trillion |
What the numbers say
In 2024, Lebanon's final consumption expenditure (current LCU) rose 28.1% on 2023 (from 2,433.41 trillion to 3,118.37 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +23.9% and a typical year strayed about 49.9% from that (the standard deviation). This year's change was 0.1 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 194.8% in 2023 and the biggest yearly fall was 0.1% in 2015. 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 the straight-line trend is upward, about 292.98 trillion a year. A straight line explains 63% of the movement over 10 observed years.
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 2nd highest value of the 37 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
- Japan — 2nd of 37: 464.34 trillion
- Iraq — 3rd of 37: 249.35 trillion
- Kazakhstan — 4th of 37: 86.21 trillion
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.
All 35 values
| Year | Final consumption expenditure (current LCU) |
|---|---|
| 2024 | 3,118,367,435,000,000 |
| 2023 | 2,433,414,775,000,000 |
| 2022 | 825,557,965,000,000 |
| 2021 | 330,154,611,000,000 |
| 2020 | 127,815,240,000,000 |
| 2019 | 87,624,123,441,000 |
| 2018 | 86,290,749,611,000 |
| 2017 | 82,188,420,882,000 |
| 2016 | 77,974,873,948,000 |
| 2015 | 77,780,131,610,000 |
Final consumption expenditure (current LCU) in nearby economies
- Afghanistan — 1.71 trillion (2024)
- Algeria — 22.68 trillion (2025)
- Bahrain — 9.57 billion (2024)
- Djibouti — 688.39 billion (2025)
- Egypt, Arab Rep. — 17.92 trillion (2025)
- Iran, Islamic Rep. — 180,346 trillion (2025)
- Iraq — 249.35 trillion (2024)
- Israel — 1.55 trillion (2025)
- Kuwait — 33.25 billion (2024)
- Libya — 161.3 billion (2025)
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
Questions people ask
- What is Lebanon's final consumption expenditure (current LCU)?
- 3,118.37 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 116,348% from 2.68 trillion in 1990 (23.08% a year on average, compounded). The highest value was 3,118.37 trillion in 2024 and the lowest 2.68 trillion in 1990.
- How does Lebanon rank?
- 2nd highest of 37 economies with data for 2024.
- Is the latest change in final consumption expenditure (current LCU) unusual for Lebanon?
- In 2024, Lebanon's final consumption expenditure (current LCU) rose 28.1% on 2023 (from 2,433.41 trillion to 3,118.37 trillion). Across the 30 yearly changes before that (1994 to 2023), the average change was +23.9% and a typical year strayed about 49.9% from that (the standard deviation). This year's change was 0.1 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 NE.CON.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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