Lebanon's gross savings (current LCU) was -216.19 trillion in 2023, the latest year in the World Bank's World Development Indicators. That is down 13,092% from -1.64 trillion in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -216.19 trillion | 2023 |
| Five years earlier | -3.14 trillion | 2018 |
| Ten years earlier | -1.64 trillion | 2013 |
| Highest | 5.52 trillion | 2007 |
| Lowest | -216.19 trillion | 2023 |
| Average since 2014 | -36.43 trillion | 2014–2023 |
| First recorded | -1.22 trillion |
What the numbers say
In 2023, Lebanon's gross savings (current LCU) fell 91.32 trillion on 2022 (from -124.88 trillion to -216.19 trillion).
Across the 20 yearly changes before that (2003 to 2022), the average change was −6.18 trillion and a typical year strayed about 24.35 trillion from that (the standard deviation). This year's change was 3.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 7.44 trillion in 2020 and the biggest yearly fall was 106.92 trillion in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about 17.57 trillion a year. A straight line explains 51% 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.
Closest to Lebanon in the 2023 ranking
What this measures
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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 22 values
| Year | Gross savings (current LCU) |
|---|---|
| 2023 | -216,194,094,449,571 |
| 2022 | -124,875,974,284,525 |
| 2021 | -17,956,300,877,457 |
| 2020 | 2,614,470,951,278 |
| 2019 | -4,823,980,805,161 |
| 2018 | -3,143,950,790,472 |
| 2017 | -747,317,294,305 |
| 2016 | 1,591,637,103,005 |
| 2015 | 1,836,859,899,093 |
| 2014 | -2,632,747,051,945 |
Gross savings (current LCU) in nearby economies
- Algeria — 14.67 trillion (2025)
- Bahrain — 5.93 billion (2024)
- Djibouti — 109.67 billion (2024)
- Egypt, Arab Rep. — 1.47 trillion (2025)
- Iraq — 116.38 trillion (2024)
- Israel — 542.97 billion (2025)
- Kuwait — 21.78 billion (2024)
- Libya — 54.81 billion (2023)
- Malta — 5.99 billion (2024)
- Morocco — 501.05 billion (2025)
- Oman — 11.42 billion (2024)
- Pakistan
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 gross savings (current LCU)?
- -216.19 trillion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 17,577% from -1.22 trillion in 2002. The highest value was 5.52 trillion in 2007 and the lowest -216.19 trillion in 2023.
- Is the latest change in gross savings (current LCU) unusual for Lebanon?
- In 2023, Lebanon's gross savings (current LCU) fell 91.32 trillion on 2022 (from -124.88 trillion to -216.19 trillion). Across the 20 yearly changes before that (2003 to 2022), the average change was −6.18 trillion and a typical year strayed about 24.35 trillion from that (the standard deviation). This year's change was 3.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NY.GNS.ICTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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