Lebanon: Industry, including construction, value added (% of GDP)

Key figures

What the numbers say

In 2024, Lebanon's industry, including construction, value added (% of GDP) rose 0.55 percentage points on 2023 (from 2.09% to 2.63%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.68 percentage points and a typical year strayed about 1.58 percentage points from that (the standard deviation). This year's change was 0.8 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 1.41 percentage points in 1998 and the biggest yearly fall was 5.86 percentage points in 2020. 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 1.92 percentage points a year. A straight line explains 89% 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 32nd highest value of the 31 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

• Hong Kong SAR, China — 28th of 31: 6.17%
• Bermuda — 29th of 31: 4.9%
• Macao SAR, China — 30th of 31: 4.69%

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector.

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

All 34 values

Industry, including construction, value added (% of GDP) in nearby economies

• Afghanistan — 14.52% (2024)
• Algeria — 34.8% (2025)
• Bahrain — 41.21% (2025)
• Djibouti — 16.58% (2025)
• Egypt, Arab Rep. — 32.06% (2025)
• Iran, Islamic Rep. — 39.64% (2025)
• Iraq — 45.39% (2025)
• Israel — 17.23% (2024)
• Jordan — 27.37% (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

• 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 industry, including construction, value added (% of GDP)?

2.63% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1991?

It is down 21 percentage points from 23.63% in 1991. The highest value was 23.68% in 1998 and the lowest 2.09% in 2023.

How does Lebanon rank?

32nd highest of 31 economies with data for 2024.

Is the latest change in industry, including construction, value added (% of GDP) unusual for Lebanon?

In 2024, Lebanon's industry, including construction, value added (% of GDP) rose 0.55 percentage points on 2023 (from 2.09% to 2.63%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.68 percentage points and a typical year strayed about 1.58 percentage points from that (the standard deviation). This year's change was 0.8 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 NV.IND.TOTL.ZS, 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.