Lebanon: Price level index (GDP)

Key figures

What the numbers say

In 2024, Lebanon's price level index (GDP) rose 9.9 on 2023 (from 27.63 to 37.54).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.26 and a typical year strayed about 2.75 from that (the standard deviation). This year's change was 3.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 9.9 in 2024 and the biggest yearly fall was 6.82 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 1.57 a year. A straight line explains 67% 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 10th highest value of the 10 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

• Aruba — 6th of 10: 74.63
• Curaçao — 7th of 10: 69.74
• United Arab Emirates — 8th of 10: 63.36
• Afghanistan — 10th of 10: 18.64

What this measures

The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.

Limitations: Global PPP estimates underlying this indicator are produced by the ICP Global Office and regional implementing agencies, based on data supplied by the national implementing agencies in the participating economies, and in accordance with the methodology recommended by the ICP Technical Advisory Group and approved by the ICP Governing Board. As such, these results are not produced by participating economies as part of their national official statistics. Price level index are not recommended to use as a precise measure to establish strict rankings of countries.

Regional and income-group figures are computed by the World Bank as a no aggregation provided for this indicator in wdi..

All 35 values

Price level index (GDP) in nearby economies

• Afghanistan — 18.64 (2024)
• Algeria — 32.56 (2025)
• Bahrain — 43.1 (2025)
• Djibouti — 46.21 (2025)
• Egypt, Arab Rep. — 15.27 (2025)
• Iran, Islamic Rep. — 19.92 (2025)
• Iraq — 37.92 (2025)
• Israel — 101.04 (2025)
• Jordan — 42.34 (2025)
• Kuwait — 57.22 (2025)
• Libya — 39.03 (2025)
• Malta — 66.34 (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
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Lebanon's price level index (GDP)?

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

How has it changed since 1990?

It is up 42.17% from 26.4 in 1990 (1.04% a year on average, compounded). The highest value was 52.47 in 1998 and the lowest 26.4 in 1990.

How does Lebanon rank?

10th highest of 10 economies with data for 2024.

Is the latest change in price level index (GDP) unusual for Lebanon?

In 2024, Lebanon's price level index (GDP) rose 9.9 on 2023 (from 27.63 to 37.54). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.26 and a typical year strayed about 2.75 from that (the standard deviation). This year's change was 3.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator PA.NUS.GDP.PLI, licensed CC BY 4.0. Original source: World Development Indicators, World Bank (WB), uri: https://databank.worldbank.org/source/world-development-indicators, publisher: World Development Indicators 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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