Lebanon GDP Per Capita 2023

[ Nominal GDP Per Capita in USD ]

Year -

$20.08

Source: world bank Nominal/PPP
Summary:

Lebanon GDP Per Capita expanded from 1988 to 2023, increasing from $3.31 to $20.08 .The compound annual growth rate (CAGR) averaged 5.29% over the period. The economy recorded its peak level in 2018 and its lowest level in 1989. Growth volatility remained high. The maximum drawdown reached 63.42%, indicating the largest cyclical decline from peak levels. The country experienced 3 recession episode(s) during the observed period.

Latest GDP Per Capita of Lebanon 2023 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20232023
Latest GDP Per Capita$ 20.08 dollars$ 72.60 Int dollars
Growth (YoY)-4.353%2.81%
Net Change vs Previous Year$ -0.91 dollars$ 1.98 Int dollars
% of World GDP Per Capita0.02%0.04%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Lebanon GDP | Lebanon GDP Growth

Lebanon Annual GDP Per Capita From 1960 to 2023

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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19883.31-----
19892.72-0.6-17.973 %---
19902.840.124.433 %10.75--
19914.691.8565.244 %16.615.8654.501 %
19925.841.1524.586 %19.783.1719.092 %
19937.942.135.905 %22.432.6513.391 %
19949.61.6620.869 %24.772.3410.414 %
199511.722.1222.082 %26.922.158.681 %
199613.691.9716.823 %30.53.5913.323 %
199715.752.0615.059 %31.360.852.798 %
199817.251.59.493 %32.871.514.831 %
199917.390.140.834 %33.160.290.882 %
200017.26-0.13-0.751 %34.371.213.637 %
200117.650.392.256 %36.492.126.178 %
200219.151.58.513 %38.321.845.03 %
200320.080.934.859 %40.342.025.265 %
200421.161.085.362 %44.193.859.548 %
200521.50.341.595 %46.82.615.905 %
200622.020.532.444 %492.194.681 %
200724.832.812.735 %55.016.0112.272 %
200829.124.2917.286 %61.156.1411.171 %
200935.46.2821.569 %67.836.6710.912 %
201038.443.048.6 %74.136.39.287 %
201139.931.483.858 %76.312.192.948 %
201244.024.0910.243 %84.418.110.61 %
201346.882.866.505 %93.719.311.019 %
201448.11.222.592 %102.448.739.319 %
201549.931.833.814 %110.337.897.701 %
201651.151.222.439 %119.769.438.55 %
201753.031.883.676 %129.149.387.831 %
201854.91.873.534 %131.562.421.877 %
201951.61-3.3-6.003 %125.8-5.76-4.379 %
202031.71-19.89-38.549 %92.72-33.08-26.298 %
202123.13-8.58-27.056 %66.33-26.39-28.463 %
202220.99-2.14-9.249 %70.624.296.463 %
202320.08-0.91-4.353 %72.61.982.81 %
2024------

Lebanon Economic Phases (1988 - 2023)

From 1988 to 2023, Lebanon economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1991–1998) indicating robust economic expansion
  • Expansion (2005–2006) indicating steady moderate growth
  • High Growth (2007–2010) indicating robust economic expansion
  • High Growth (2012–2013) indicating robust economic expansion
  • Expansion (2014–2018) indicating steady moderate growth
  • Crisis (2020–2021) indicating severe economic downturn
  • Contraction (2022–2023) indicating temporary slowdown

The most remarkable growth occurred in 1991 with an increase of 65.244%, while the largest decline was in 2020 at -38.549%.