Exports of Services (BoP, USD) in Lebanon

Exports of services as a part of balance of payment reached 15.2 USD bil in 2017 in Lebanon, according to the National Statistical Office. This is 0.018 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Lebanon reached an all time high of 18.6 USD bil in 2011 and an all time low of 4.48 USD bil in 2002. When compared to Lebanon's main peers, exports of services as a part of balance of payment in Cyprus amounted to 11.5 USD bil, 44.6 USD bil in Israel and 6.79 USD bil in Jordan in 2017.

Lebanon has been ranked 51st within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 4 places behind the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

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