Lebanon: Food, beverages and tobacco (% of value added in manufacturing)

Key figures

What the numbers say

In 2020, Lebanon's food, beverages and tobacco (% of value added in manufacturing) fell 0.09 percentage points on 2019 (from 40.76% to 40.67%).

Across the 12 yearly changes before that (2008 to 2019), the average change was +1.11 percentage points and a typical year strayed about 2.2 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below 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 3.93 percentage points in 2011 and the biggest yearly fall was 4.1 percentage points in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 the straight-line trend is upward, about 1.32 percentage points a year. A straight line explains 96% 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.

A straight-line projection, tested first

Extending that straight line gives about 46.12% for 2023. We show this only because the same method, fitted on earlier years, predicted 2018 to 2020 better than "no change" would have: its average miss was 0.52%, against 2.46% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

Closest to Lebanon in the 2020 ranking

• Panama — 1st of 4: 56.56%
• Bermuda — 3rd of 4: 16.89%
• Bangladesh — 4th of 4: 15.37%

What this measures

Manufacturing of food, beverages, and tobacco includes industries classified in ISIC (Rev. 3) divisions 15 and 16. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).

Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

All 15 values

Food, beverages and tobacco (% of value added in manufacturing) in nearby economies

• Algeria — 10.62% (2017)
• Bahrain — 1.23% (2018)
• Djibouti — 77.99% (2024)
• Egypt, Arab Rep. — 27.84% (2022)
• Iran, Islamic Rep. — 11.47% (2022)
• Iraq — 33.61% (2022)
• Israel — 12.95% (2021)
• Jordan — 23.51% (2022)
• Kuwait — 7.7% (2021)

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
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Lebanon's food, beverages and tobacco (% of value added in manufacturing)?

40.67% in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1998?

It is up 14.87 percentage points from 25.79% in 1998. The highest value was 40.76% in 2019 and the lowest 23.35% in 2008.

Is the latest change in food, beverages and tobacco (% of value added in manufacturing) unusual for Lebanon?

Source

World Bank, World Development Indicators, indicator NV.MNF.FBTO.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) 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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