Services balance (credit less debit), Net (credits less debits) (US) in Lebanon
Lebanon: Services balance (credit less debit), Net (credits less debits) (US) was 1.30 billion in 2023. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Lebanon, 2005–2023
Source: International Monetary Fund.
Analysis
Lebanon recorded 1.30 billion for services balance (credit less debit), net (credits less debits) in 2023.
The figure is down 22.2% on the previous year and down 49.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Lebanon peaked at 6.43 billion in 2011 and was at its lowest, 151.80 million, in 2020.
Lebanon ranks 63rd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Lebanon, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.97 billion | — |
| 2006 | 2.94 billion | -1.1% |
| 2007 | 2.78 billion | -5.7% |
| 2008 | 4.18 billion | +50.5% |
| 2009 | 2.87 billion | -31.4% |
| 2010 | 3.01 billion | +4.8% |
| 2011 | 6.43 billion | +113.9% |
| 2012 | 3.62 billion | -43.7% |
| 2013 | 2.56 billion | -29.3% |
| 2014 | 1.54 billion | -40.0% |
| 2015 | 2.22 billion | +44.3% |
| 2016 | 1.91 billion | -13.8% |
| 2017 | 1.33 billion | -30.5% |
| 2018 | 1.29 billion | -2.9% |
| 2019 | 516.08 million | -60.0% |
| 2020 | 151.80 million | -70.6% |
| 2021 | 901.82 million | +494.1% |
| 2022 | 1.67 billion | +84.6% |
| 2023 | 1.30 billion | -22.2% |
Lebanon compared with similar countries
- Lebanon's 1.30 billion is above the median for lower middle income countries, which is -329.10 million. (46 countries reporting)
- Lebanon's 1.30 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 18.90 million, 68.5× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) in Lebanon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +494.1% | 151.80 million | 901.82 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.15 billion | 2.78 billion | 4.18 billion | 5 |
| 2010s | 2.44 billion | 516.08 million | 6.43 billion | 10 |
| 2020s | 1.00 billion | 151.80 million | 1.67 billion | 4 |
Countries ranked near Lebanon
- 60 Jamaica 1.80 billion compare
- 61 Montenegro 1.72 billion compare
- 62 Armenia 1.46 billion compare
- 64 Netherlands Antilles 1.16 billion compare
- 65 North Macedonia 1.15 billion compare
- 66 Sint Maarten (Dutch part) 942.52 million compare
More financial sector data for Lebanon
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2024)
- Reserve position in the IMF, US dollar, per capita 29.61 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0049 units per US$ of GDP (2024)
- Reserve position in the IMF, SDR, per capita 21.62 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2024)
- Reserve tranche position, US dollar, per capita 29.61 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Lebanon?
- Services balance (credit less debit), net (credits less debits) in Lebanon was 1.30 billion in 2023, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Lebanon?
- The highest recorded value was 6.43 billion in 2011.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Lebanon?
- The lowest recorded value was 151.80 million in 2020.
- How does Lebanon rank for services balance (credit less debit), net (credits less debits)?
- Lebanon ranks 63rd out of 197 countries with data for 2023.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Lebanon?
- Over the last ten years it is down 49.5%. 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 Services 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.