Lebanon GDP Per Capita 2023

[ Nominal GDP Per Capita in USD ]

Year -

$3,477.72

Source: world bank Nominal/PPP
Summary:

Lebanon GDP Per Capita expanded from 1988 to 2023, increasing from $959.15 to $3,477.72 .The compound annual growth rate (CAGR) averaged 3.75% 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 62.09%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.

Latest GDP Per Capita of Lebanon 2023 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20232023
Latest GDP Per Capita$ 3,477.72 dollars$ 12,574.83 Int dollars
Growth (YoY)-4.834%2.294%
Net Change vs Previous Year$ -176.63 dollars$ 281.99 Int dollars
% of World GDP Per Capita3.26%6.67%
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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1988959.15-----
1989771-188.15-19.617 %---
1990789.5318.532.403 %2990.34--
19911278.42488.8961.923 %4527.261536.9251.396 %
19921559.38280.9621.977 %5278.71751.4516.598 %
19932078.64519.2633.299 %5870.79592.0811.216 %
19942467.77389.1318.72 %6366.91496.128.451 %
19952958.74490.9719.895 %6795.68428.776.734 %
19963393.05434.3114.679 %7559.76764.0811.244 %
19973834.06441.0112.997 %7631.9972.230.955 %
19984124.86290.87.585 %7861.23229.243.004 %
19994086.94-37.92-0.919 %7792.66-68.56-0.872 %
20003986.84-100.1-2.449 %7937.96145.31.865 %
20014009.5622.720.57 %8289.38351.434.427 %
20024290.85281.297.016 %8586.24296.863.581 %
20034437.72146.863.423 %8914.48328.243.823 %
20044600.68162.973.672 %9609.01694.537.791 %
20054602.21.510.033 %10019.99410.984.277 %
20064635.2533.050.718 %10312.35292.362.918 %
20075125.26490.0110.571 %11355.661043.3110.117 %
20085912.05786.7915.351 %12415.941060.289.337 %
20097090.851178.8119.939 %13586.141170.29.425 %
20107625.81534.967.544 %14703.621117.478.225 %
20117834.96209.152.743 %14974.55270.941.843 %
20128406.98572.027.301 %16121.341146.787.658 %
20138162.38-244.6-2.91 %16315.61194.281.205 %
20147577.64-584.74-7.164 %16139.86-175.75-1.077 %
20157714.11136.471.801 %17045.9906.035.614 %
20168089.01374.94.86 %18940.591894.6911.115 %
20178608.21519.26.419 %20963.822023.2310.682 %
20189174.54566.336.579 %21985.491021.664.873 %
20198905.88-268.66-2.928 %21710.46-275.02-1.251 %
20205561.19-3344.69-37.556 %16259.71-5450.76-25.107 %
20214045.37-1515.82-27.257 %11599.78-4659.93-28.659 %
20223654.36-391.02-9.666 %12292.84693.075.975 %
20233477.72-176.63-4.834 %12574.83281.992.294 %
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
  • Contraction (1999–2000) indicating temporary slowdown
  • Expansion (2003–2006) indicating steady moderate growth
  • High Growth (2007–2010) indicating robust economic expansion
  • Contraction (2013–2014) indicating temporary slowdown
  • Expansion (2015–2016) indicating steady moderate growth
  • High Growth (2017–2018) indicating robust economic expansion
  • Crisis (2020–2021) indicating severe economic downturn
  • Contraction (2022–2023) indicating temporary slowdown

The most remarkable growth occurred in 1991 with an increase of 61.923%, while the largest decline was in 2020 at -37.556%.