
Lebanon: Savings, percent of GDP
* indicates monthly or quarterly data series
| Lebanon |
Savings as percent of GDP |
|---|---|
| Latest value | -12.55 |
| Year | 2023 |
| Measure | percent |
| Data availability | 2002 - 2023 |
| Average | -0.54 |
| Min - Max | -21.78 - 14.75 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2023 is -12.55 percent, an increase from -21.78 percent in 2022. In comparison, the world average is 22.69 percent, based on data from 153 countries. Historically, the average for Lebanon from 2002 to 2023 is -0.54 percent. The minimum value, -21.78 percent, was reached in 2022 while the maximum of 14.75 percent was recorded in 2007.
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* indicates monthly or quarterly data series
| Recent values | Lebanon: Savings, percent of GDP |
|---|---|
| 2023 | -12.55 |
| 2022 | -21.78 |
| 2021 | -6.60 |
| 2020 | 2.24 |
| 2019 | -6.02 |
| 2018 | -3.80 |
| 2017 | -0.93 |
| 2016 | 2.06 |
The savings in Lebanon and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 2.63 | 2024 | percent |
| Share of manufacturing | 1.43 | 2021 | percent |
| Share of services | 35.73 | 2024 | percent |
| Industry value added | 0.68 | 2024 | billion U.S. dollars |
| Manufacturing value added | 0.33 | 2021 | billion U.S. dollars |
| Services value added | 9.28 | 2024 | billion U.S. dollars |
| Savings, percent of GDP | -12.55 | 2023 | percent |
| Savings, in dollars | -2.52 | 2023 | billion U.S. dollars |