Lebanon: Trade balance, in dollars

* indicates monthly or quarterly data series
 Lebanon

Trade balance, billion USD

 Latest value -11.54
 Year 2023
 Measure billion U.S. dollars
 Data availability 2002 - 2023
 Average -8.93
 Min - Max -14.40 - -2.03
 Source The World Bank
 Available for Data download
The latest value from 2023 is -11.54 billion U.S. dollars, an increase from -12.09 billion U.S. dollars in 2022. In comparison, the world average is 4.48 billion U.S. dollars, based on data from 170 countries. Historically, the average for Lebanon from 2002 to 2023 is -8.93 billion U.S. dollars. The minimum value, -14.4 billion U.S. dollars, was reached in 2014 while the maximum of -2.03 billion U.S. dollars was recorded in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Lebanon: Trade balance, in dollars
 2023 -11.54
 2022 -12.09
 2021 -7.98
 2020 -6.43
 2019 -12.94
 2018 -13.62
 2017 -13.13
 2016 -12.11




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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Article: Are trade deficits bad for the economy?

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 Related indicators Latest Reference Measure
 Terms of trade 96.90 2024 percent
 Trade openness 82.23 2024 percent
 Financial openness -0.050 2022 index points
 Exports, percent of GDP 23.32 2024 percent
 Exports, billion dollars 6.06 2024 billion U.S. dollars
 Growth of exports -9.70 2024 percent
 Imports, percent of GDP 58.92 2024 percent
 Imports, billion dollars 15.30 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 7.09 2024 percent
 Foreign Direct Investment, billion dollars 1.84 2024 billion U.S. dollars
 Portfolio investment inflows, equities 76.07 2023 million dollars (current)
 Current account, percent of GDP -28.10 2023 percent
 Current account, in dollars -5.64 2023 billion U.S. dollars
 Trade balance, percent of GDP -35.60 2024 percent
 Trade balance, in dollars -11.54 2023 billion U.S. dollars
 Reserves 33.30 2024 billion U.S. dollars
 Remittances, percent of GDP 33.35 2023 percent
 Remittances 6,696.17 2023 million U.S. dollars
 Net errors and omissions 1,634.57 2023 million USD
 External debt 233.88 2024 percent
 Short-term external debt 25.85 2023 percent
 Short-term debt to reserves 62.34 2023 percent
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