Lebanon : Commercial Service Imports (Current US$) from 2002 to 2022

The "Commercial Service Imports (current US$)" indicator represents the total value of services imported by a country from other countries, measured in current U.S. dollars. These services typically include financial services, insurance, travel services, transportation, and various business services. This metric is a component of a country's balance of payments and helps in assessing its economic interactions with the rest of the world. It can provide insights into the level of economic openness, the demand for foreign services, and the country's role in the global economy. The chart displays commercial service imports in Lebanon, measured in U.S. dollars, over a 21-year period from 2002 to 2022. In 2022, commercial service imports in Lebanon reached 6 billion U.S. dollars, a significant decrease from 13 billion U.S. dollars in 2019, prior to the COVID-19 pandemic.