Lebanon: Imports, percent of GDP

* indicates monthly or quarterly data series
 Lebanon

Imports of goods and services as percent of GDP

 Latest value 82.45
 Year 2023
 Measure percent
 Data availability 1989 - 2023
 Average 57.11
 Min - Max 33.76 - 99.91
 Source The World Bank
The latest value from 2023 is 82.45 percent, an increase from 80.06 percent in 2022. In comparison, the world average is 49.03 percent, based on data from 138 countries. Historically, the average for Lebanon from 1989 to 2023 is 57.11 percent. The minimum value, 33.76 percent, was reached in 2020 while the maximum of 99.91 percent was recorded in 1990. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Lebanon - Imports, percent of GDP - Recent values chart

Historical series
Lebanon - Imports, percent of GDP - historical chart - 1989-2023




The imports of Lebanon and other countries are calculated as the total amount of goods and services produced abroad and sold at home. Imports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If imports are about 15 percent or less of GDP the economy is considered relatively closed. That, for example, applies to the U.S. In contrast, many small European countries import over 40 percent of the products they consume. They are considered more open to international trade.
Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Terms of trade 103.76 2021 percent
 Trade openness 128.53 2023 percent
 Financial openness -0.042 2021 index points
 Exports, percent of GDP 46.08 2023 percent
 Exports, billion dollars 8.27 2023 billion U.S. dollars
 Growth of exports 2.80 2023 percent
 Imports, percent of GDP 82.45 2023 percent
 Imports, billion dollars 14.79 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.51 2022 percent
 Foreign Direct Investment, billion dollars 0.53 2022 billion U.S. dollars
 Portfolio investment inflows, equities 76.07 2023 million dollars (current)
 Current account, percent of GDP -16.10 2020 percent
 Current account, in dollars -5.64 2023 billion U.S. dollars
 Trade balance, percent of GDP -45.23 2022 percent
 Trade balance, in dollars -11.54 2023 billion U.S. dollars
 Reserves 32.51 2022 billion U.S. dollars
 Remittances, percent of GDP 35.51 2023 percent
 Remittances 6,370.00 2023 million U.S. dollars
 Net errors and omissions 1,634.57 2023 million USD
 External debt 309.35 2021 percent
 Short-term external debt 23.12 2022 percent
 Short-term debt to reserves 47.72 2022 percent
 Foreign exchange reserves 3,003,022.18 2/2024 billion
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