Indicator Definition:
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
The indicator "GDP (current US$)" stands at 25.97 Billion Lebanese Pounds as of 12/31/2024, the highest value since 12/31/2021.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 29.35 percent compared to the value the year prior.
The 1 year change in percent is 29.35.
The 3 year change in percent is 12.28.
The 5 year change in percent is -49.67.
The 10 year change in percent is -46.00.
| Measure | Realization |
| Indicator Name: | GDP (current US$) |
| Indicator Source: | World Bank national accounts data, and OECD National Accounts data files. | macro-rankings.com |
| Indicator Description: | GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. |
| Observations Date: | 12/31/1988 |