Lebanon’s economy expanded to an estimated $43 billion in 2024. (Source: This is Beirut)
Lebanon’s economy expanded to an estimated $43 billion in 2024. (Source: This is Beirut)

LEBANON (Enmaeya News) - December 14, 2025

Lebanon’s economy expanded to an estimated $43 billion in 2024, recording its strongest performance in nearly 14 years and marking a significant turnaround after a prolonged period of contraction, according to figures published by the Central Administration of Statistics.

The economy grew from $31.6 billion in 2023, signaling a slow but noticeable recovery and a gradual return toward pre-crisis levels following the financial collapse that began in 2019.

Gross Domestic Product (GDP) measures the total value of goods and services produced within a country over the course of one year and is widely used as an indicator of overall economic health.

Lebanon’s GDP is composed of three main elements: consumer spending by households and the government, capital formation through investment in construction, machinery, and equipment, and net exports, which reflect the balance between exports and imports. Together, these components determine the size and annual performance of the economy.

Whether Lebanon can sustain this progress depends heavily on stability during the holiday season, which typically drives a large share of economic activity. Imports are projected to reach $20 billion this year, surpassing 2019 levels and indicating rising domestic demand.