Lebanon's industry, including construction, value added (constant LCU) was 5.26 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is down 38.64% from 8.57 trillion in 2014 (4.77% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5.26 trillion | 2024 |
| Five years earlier | 6.44 trillion | 2019 |
| Ten years earlier | 8.57 trillion | 2014 |
| Highest | 8.81 trillion | 2013 |
| Lowest | 3.03 trillion | 1991 |
| Average since 2015 | 6.68 trillion | 2015–2024 |
| First recorded | 3.03 trillion |
What the numbers say
In 2024, Lebanon's industry, including construction, value added (constant LCU) fell 5.8% on 2023 (from 5.59 trillion to 5.26 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +1.5% and a typical year strayed about 6.5% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 17.6% in 2007 and the biggest yearly fall was 16.9% 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 the straight-line trend is downward, about 389.17 billion a year. A straight line explains 90% 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 3rd highest value of the 26 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 — 1st of 26: 161.07 trillion
- United Arab Emirates — 3rd of 26: 818.68 billion
- Türkiye — 4th of 26: 565.45 billion
- Israel — 5th of 26: 299.77 billion
What this measures
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 34 values
| Year | Industry, including construction, value added (constant LCU) |
|---|---|
| 2024 | 5,259,899,000,000 |
| 2023 | 5,586,560,000,000 |
| 2022 | 5,580,814,000,000 |
| 2021 | 5,612,260,000,000 |
| 2020 | 6,025,277,000,000 |
| 2019 | 6,440,817,000,000 |
| 2018 | 7,751,095,165,900 |
| 2017 | 8,068,183,424,600 |
| 2016 | 8,315,793,275,600 |
| 2015 | 8,130,934,433,000 |
Industry, including construction, value added (constant LCU) in nearby economies
- Afghanistan — 155.61 billion (2024)
- Algeria — 2.88 trillion (2025)
- Bahrain — 5.89 billion (2025)
- Djibouti — 119.95 billion (2025)
- Egypt, Arab Rep. — 2.62 trillion (2025)
- Iran, Islamic Rep. — 31,865.5 trillion (2025)
- Iraq — 122.55 trillion (2025)
- Israel — 299.77 billion (2024)
- Jordan — 11.48 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 industry, including construction, value added (constant LCU)?
- 5.26 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is up 73.33% from 3.03 trillion in 1991 (1.68% a year on average, compounded). The highest value was 8.81 trillion in 2013 and the lowest 3.03 trillion in 1991.
- How does Lebanon rank?
- 3rd highest of 26 economies with data for 2024.
- Is the latest change in industry, including construction, value added (constant LCU) unusual for Lebanon?
- In 2024, Lebanon's industry, including construction, value added (constant LCU) fell 5.8% on 2023 (from 5.59 trillion to 5.26 trillion). Across the 30 yearly changes before that (1994 to 2023), the average change was +1.5% and a typical year strayed about 6.5% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NV.IND.TOTL.KN, 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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