Economic insights
Increased by +20.8%, up from LBP 2,258 trillion in 2023.
Increased due to net inflows of primary income from abroad.
Expanded as remittances and international transfers strengthened national disposable resources.
Lebanon's economy contracted in 2024, reflecting the severe economic conditions experienced in Lebanon.
Economic output remained below pre-crisis levels despite improvements.
The trade deficit accounted for 42% of nominal GDP in 2024.
Overview
The Central Administration of Statistics (CAS), in partnership with the United Nations Development Programme (UNDP), has issued the National Accounts and Gross Domestic Product (GDP) Report for 2024. The report presents the National Accounts estimates for 2024, including revised estimates for previous years, and follows the System of National Accounts (SNA) 2008 methodology.