Lebanon - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Lebanon was 113,560,000,000,000 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of 113,560,000,000,000 in 2020 and a minimum value of 4,028,000,000,000 in 1991.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1991 4,028,000,000,000
1992 9,190,950,000,000
1993 12,588,500,000,000
1994 14,671,400,000,000
1995 16,993,400,000,000
1996 19,302,500,000,000
1997 21,725,000,000,000
1998 23,037,000,000,000
1999 22,679,000,000,000
2000 22,826,000,000,000
2001 23,344,000,000,000
2002 24,524,000,000,000
2003 25,243,000,000,000
2004 27,901,600,000,000
2005 28,998,600,000,000
2006 30,633,700,000,000
2007 34,116,300,000,000
2008 40,899,500,000,000
2009 47,269,600,000,000
2010 51,888,200,000,000
2011 55,285,100,000,000
2012 61,219,600,000,000
2013 65,332,100,000,000
2014 68,194,400,000,000
2015 70,052,400,000,000
2016 71,982,300,000,000
2017 74,902,200,000,000
2018 78,445,700,000,000
2019 76,551,600,000,000
2020 113,560,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts