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

The value for Gross value added at factor cost (constant LCU) in Lebanon was 45,007,600,000,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 58,200,500,000,000 in 2017 and a minimum value of 11,021,200,000,000 in 1989.

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 constant local currency.

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

Year Value
1989 11,021,200,000,000
1990 13,306,000,000,000
1991 17,583,000,000,000
1992 20,322,300,000,000
1993 22,316,100,000,000
1994 24,111,300,000,000
1995 25,236,400,000,000
1996 28,173,700,000,000
1997 28,428,400,000,000
1998 28,989,900,000,000
1999 28,313,600,000,000
2000 29,099,100,000,000
2001 30,215,800,000,000
2002 30,268,900,000,000
2003 30,678,200,000,000
2004 35,995,300,000,000
2005 37,251,600,000,000
2006 37,990,000,000,000
2007 41,048,500,000,000
2008 44,071,700,000,000
2009 47,945,500,000,000
2010 51,888,200,000,000
2011 52,665,500,000,000
2012 53,341,800,000,000
2013 55,384,400,000,000
2014 56,817,400,000,000
2015 56,838,100,000,000
2016 57,696,500,000,000
2017 58,200,500,000,000
2018 57,289,500,000,000
2019 53,600,400,000,000
2020 45,007,600,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts