Current account balance (credit less debit), Net (credits less debits) in Lebanon
Lebanon: Current account balance (credit less debit), Net (credits less debits) was -5.64 billion in 2023. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Lebanon, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, current account balance (credit less debit), net (credits less debits) in Lebanon stood at -5.64 billion.
The figure is up 22.3% on the previous year and up 52.8% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Lebanon peaked at -1.12 billion in 2006 and was at its lowest, -13.37 billion, in 2018.
Lebanon ranks 177th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Lebanon, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.75 billion | — |
| 2006 | -1.12 billion | -59.4% |
| 2007 | -1.60 billion | +43.8% |
| 2008 | -4.10 billion | +155.7% |
| 2009 | -6.74 billion | +64.3% |
| 2010 | -7.55 billion | +12.0% |
| 2011 | -5.52 billion | -26.9% |
| 2012 | -10.32 billion | +86.8% |
| 2013 | -11.96 billion | +15.9% |
| 2014 | -12.62 billion | +5.5% |
| 2015 | -8.54 billion | -32.3% |
| 2016 | -10.47 billion | +22.6% |
| 2017 | -12.13 billion | +15.8% |
| 2018 | -13.37 billion | +10.2% |
| 2019 | -11.26 billion | -15.7% |
| 2020 | -2.78 billion | -75.3% |
| 2021 | -4.56 billion | +64.0% |
| 2022 | -7.26 billion | +59.4% |
| 2023 | -5.64 billion | -22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.26 billion | -6.74 billion | -1.12 billion | 5 |
| 2010s | -10.37 billion | -13.37 billion | -5.52 billion | 10 |
| 2020s | -5.06 billion | -7.26 billion | -2.78 billion | 4 |
Countries ranked near Lebanon
More financial sector data for Lebanon
- Total reserves in months of imports, annual growth rate -8.72 % change on previous year (2023)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2023)
- Total reserves in months of imports, per capita 0 units per person (2023)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 12.38 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2676 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,197 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 12.23 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 1,220 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 24.63 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 4,398 SDR per person (2024)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Lebanon?
- Current account balance (credit less debit), net (credits less debits) in Lebanon was -5.64 billion in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Lebanon?
- The highest recorded value was -1.12 billion in 2006.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Lebanon?
- The lowest recorded value was -13.37 billion in 2018.
- How does Lebanon rank for current account balance (credit less debit), net (credits less debits)?
- Lebanon ranks 177th out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Lebanon?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is volatile.
- Where does this Lebanon data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.