War likely to wipe 9% off Lebanon's GDP, with fallout set to exceed 2006 conflict

The UN predicts the ongoing conflict between Israel and Hezbollah will reduce Lebanon's GDP by 9% by 2024, with long-term economic and humanitarian repercussions. The GDP is expected to contract further in 2025 and 2026. Lebanon faces unprecedented damage to infrastructure, environment, and trade, necessitating increased international aid to support the displaced population and stem the economic downturn.