GDP at Current Prices: Consumption Expenditure by Households
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Location
Lebanon |
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Series ID
10240 |
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Reference
LEB10240A2024 |
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Currency code
LBP |
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Source
Economena Analytics, Central Administration of Statistics |
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Frequency
Annual |
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Unit
Trillion |
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Aggregation
Period Sum |
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Note
Since 2020, the Central Administration of Statistics has employed a unitary exchange rate — a weighted average of actual exchange rates applied to imports— to convert GDP and related aggregates between Lebanese pounds and US dollars. This methodology was implemented following the collapse of the official fixed exchange rate regime of 1,507.5 LBP per USD at the end of 2019, which led to widespread reliance on multiple parallel market rates. The unitary exchange rates used for the period were approximately 3,843.5 LBP/USD in 2020, 12,647.0 LBP/USD in 2021, 30,473.5 LBP/USD in 2022, and 87,472.3 LBP/USD in 2023. Figures from 2012 onwards have been updated following revisions. |
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Description
Current prices means the prices actually paid at the time i.e. in the year in question. The estimates thus include the effects of inflation. |
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Start date
2011 |
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End date
2024 |
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Useful links
www.cas.gov.lb |
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Suggested citation. Use of data is subject to Terms & Conditions
Central Administration of Statistics , GDP at Current Prices: Consumption Expenditure by Households , retrieved from BRITE; https://brite.blominvestbank.com/series/GDP-at-Current-Prices-Consumption-Expenditure-by-Households-10240/ |
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