The Gross Domestic Product (GDP) in Lebanon contracted 5 percent in the second quarter of 2019 over the same quarter of the previous year.
GDP Annual Growth Rate in Lebanon averaged 3.36 percent from 1971 until 2019, reaching an all time high of 83.28 percent in the fourth quarter of 1977 and a record low of -56.99 percent in the fourth quarter of 1976. This page provides - Lebanon GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lebanon GDP Annual Growth Rate - values, historical data and charts - was last updated on October of 2020.
GDP Annual Growth Rate in Lebanon is expected to be -10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Lebanon to stand at 2.50 in 12 months time. In the long-term, the Lebanon GDP Annual Growth Rate is projected to trend around 2.50 percent in 2021, according to our econometric models.