21, Jul 2019, EDT.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Lebanon › Change country
Economic Indicator: Fiscal Year Gross Domestic Product, Current Prices › See all Lebanon indicators, › See Fiscal Year Gross Domestic Product, Current Prices data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Lebanese Pound
Currency Symbol: LBP

Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices. Source: Ministry of Finance or Treasury Latest actual data: 2014 Fiscal assumptions: Revenue projections are made based on the macroeconomic assumptions and revenue buoyancy of various taxes (as measures by elasticity measures and staff's understanding of the authorities' tax policy measures). On the spending side, projections reflect the authorities' projections, with a few deviations to take into account key macroeconomic assumptions (e.g., WEO oil price for subsidies to the electricity company). Monetary projections are based on key assumptions on deposits growth, dollarization and credit to private sector. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. GFSM 2001 has been adopted but should be refined. Budgetary ex

Fiscal Year Gross Domestic Product, Current Prices for Lebanon is LBP 77,135.95 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

In the previous year, 2014, Fiscal Year Gross Domestic Product, Current Prices for Lebanon was LBP 75,290.96 Billions Fiscal Year Gross Domestic Product, Current Prices for Lebanon in 2015 was or will be 2.45% more than it was or will be in 2014.

In the following or forecasted year, 2016, Fiscal Year Gross Domestic Product, Current Prices for Lebanon was or will be LBP 79,591.90 Billions, which is 3.18% more than the 2015 figure.