Lebanon Economic Statistics and Indicators

25, Feb 2018, EST. Welcome to the Lebanon economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Lebanon › Change country
National or Regional Currency: Lebanese Pound, LBP
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 5,882,562 (July 2014 est.)
Area: total: 10,400 sq km ; land: 10,230 sq km ; water: 170 sq km
Natural Resources: limestone, iron ore, salt, water-surplus state in a water-deficit region, arable land
Capital: name: Beirut ; geographic coordinates: 33 52 N, 35 30 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Lebanon has a free-market economy and a strong laissez-faire commercial tradition. The government does not restrict foreign investment; however, the investment climate suffers from red tape, corruption, arbitrary licensing decisions, complex customs procedures, high taxes, tariffs, and fees, archaic legislation, and weak intellectual property rights. The Lebanese economy is service-oriented; main growth sectors include banking and tourism. The 1975-90 civil war seriously damaged Lebanon's economic infrastructure, cut national output by half, and derailed Lebanon's position as a Middle Eastern entrepot and banking hub. Following the civil war, Lebanon rebuilt much of its war-torn physical and financial infrastructure by borrowing heavily, mostly from domestic banks, which saddled the government with a huge debt burden. Pledges of economic and financial reforms made at separate international donor conferences during the 2000s have mostly gone unfulfilled, including those made during the Paris III Donor Conference in 2007 following the July 2006 war. The collapse of the MIKATI government in early 2011 over its backing of the Special Tribunal for Lebanon and the conflict in neighboring Syria slowed economic growth to the 1-2% range in 2011-13, after four years of 8% average growth. In September 2011 the Cabinet endorsed a bill that would provide $1.2 billion in funding to improve Lebanon's downtrodden electricity sector, but fiscal limitations will test the government's ability to invest in other areas, such as water.
More on the Lebanon Economy
More on the Lebanon Export, Import and Trade

Economic Indicator Listing
  For Lebanon in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1 %
GDP (Current Prices, National Currency)LBP 77,135.95 Billion.
GDP (Current Prices, US Dollars)US$ 51.168 Billion
GDP Deflator 122.906 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)LBP 13,782,473.61 .
GDP Per Capita (Current Prices, National Currency)LBP 16,939,465.25 .
GDP Per Capita (Current Prices, US Dollars)US$ 11,236.79
GDP (PPP), US DollarsUS$ 83.057 Billion
GDP Per Capita (PPP), US DollarsUS$ 18,239.84
GDP Share of World Total (PPP) 0.073 %
Implied PPP Conversion Rate 928.707
Gross National Savings (% of GDP) -3.683 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 111.807 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -3.749 %
Inflation, End of Year (Indexed to Year 2000) 110.097 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -3.402 %
Import Volume of All Items Including Goods and Services (Percent Change) 7.095 %
Import Volumes of Goods Only (Percent Change) 7.815 %
Export Volume of All Items Including Goods and Services (Percent Change) 8.915 %
Export Volumes of Goods Only (Percent Change) -4.878 %
Population 4.554 Million
General government revenue (National Currency)LBP 15,080.66 Billions.
General government revenue (% of GDP) 19.551 %
General government total expenditure (National Currency)LBP 21,963.31 Billions.
General government total expenditure (% of GDP) 28.474 %
Total Government Net Lending/ Borrowing (National Currency)LBP -6,882.65 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -8.923 %
General Government Structural Balance (National Currency)LBP -9,093.21 Billion.
General Government Structural Balance (% Potential GDP) -12.209 %
Fiscal Year Gross Domestic Product, Current PricesLBP 77,135.95 Billions.
Current Account Balance (US Dollars)US$ -12.782 Billion
Current Account Balance (% GDP) -24.98 %
Economic Indicators for Lebanon 2015

GDP (Constant Prices, National Currency) for Lebanon in year 2015 is LBP 62,760.20 Billion.

GDP Growth (Constant Prices, National Currency) for Lebanon in year 2015 is 1 %.

GDP (Current Prices, National Currency) for Lebanon in year 2015 is LBP 77,135.95 Billion.

GDP (Current Prices, US Dollars) for Lebanon in year 2015 is US$ 51.168 Billion.

GDP Deflator for Lebanon in year 2015 is 122.906 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Lebanon in year 2015 is LBP 13,782,473.61 .

GDP Per Capita (Current Prices, National Currency) for Lebanon in year 2015 is LBP 16,939,465.25 .

GDP Per Capita (Current Prices, US Dollars) for Lebanon in year 2015 is US$ 11,236.79 .

GDP (PPP), US Dollars for Lebanon in year 2015 is US$ 83.057 Billion.

GDP Per Capita (PPP), US Dollars for Lebanon in year 2015 is US$ 18,239.84 .

GDP Share of World Total (PPP) for Lebanon in year 2015 is 0.073 %.

Implied PPP Conversion Rate for Lebanon in year 2015 is 928.707 .

Gross National Savings (% of GDP) for Lebanon in year 2015 is -3.683 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Lebanon in year 2015 is 111.807 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Lebanon in year 2015 is -3.749 %.

Inflation, End of Year (Indexed to Year 2000) for Lebanon in year 2015 is 110.097 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Lebanon in year 2015 is -3.402 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Lebanon in year 2015 is 7.095 %.

Import Volumes of Goods Only (Percent Change) for Lebanon in year 2015 is 7.815 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Lebanon in year 2015 is 8.915 %.

Export Volumes of Goods Only (Percent Change) for Lebanon in year 2015 is -4.878 %.

Population for Lebanon in year 2015 is 4.554 Million .

General government revenue (National Currency) for Lebanon in year 2015 is LBP 15,080.66 Billions.

General government revenue (% of GDP) for Lebanon in year 2015 is 19.551 %.

General government total expenditure (National Currency) for Lebanon in year 2015 is LBP 21,963.31 Billions.

General government total expenditure (% of GDP) for Lebanon in year 2015 is 28.474 %.

Total Government Net Lending/ Borrowing (National Currency) for Lebanon in year 2015 is LBP -6,882.65 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Lebanon in year 2015 is -8.923 %.

General Government Structural Balance (National Currency) for Lebanon in year 2015 is LBP -9,093.21 Billion.

General Government Structural Balance (% Potential GDP) for Lebanon in year 2015 is -12.209 %.

Fiscal Year Gross Domestic Product, Current Prices for Lebanon in year 2015 is LBP 77,135.95 Billions.

Current Account Balance (US Dollars) for Lebanon in year 2015 is US$ -12.782 Billion.

Current Account Balance (% GDP) for Lebanon in year 2015 is -24.98 %.

* Source: IMF
Aggregate Indicators for Lebanon
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Lebanon
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Lebanon
  Natural Resources, Agricultural Products, Land Use and Water Use for Lebanon
  Nationality, Ethnic Groups, Languages and Religions for Lebanon
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Lebanon
  Age Structure, Median Age, Gender and Urbanization for Lebanon
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Lebanon
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Lebanon
  HIV, AIDS and Other Major Infectious Disease Rates for Lebanon
  Literacy Rate, Educational Expenditure and School Life Expectancy for Lebanon
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Lebanon
  Industries and Industrial Growth Production Rate for Lebanon
  Labor Force by Occupation for Lebanon
  Poverty Line, Gini Index, Household Income and Consumption for Lebanon
  National Budget and Public Debt for Lebanon
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Lebanon
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Lebanon
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Lebanon
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Lebanon
  Foreign Exchange Reserves and Gold Reserves for Lebanon
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Lebanon
  Exchange Rate Statistics for Lebanon
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Lebanon
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Lebanon
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Lebanon
  Television and Radio Statistics (TV Stats, Radio Stats) for Lebanon
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Lebanon
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Lebanon
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Lebanon
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Lebanon
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Lebanon
* Source: CIA
Internet Indicators for Lebanon
Indicators
  Number of Internet Users for Lebanon
  Internet Penetration Rate for Lebanon
  Number of Facebook Accounts for Lebanon
  Facebook Penetration Rate for Lebanon
* Source: IWS
Economic Freedom Indicators for Lebanon
Indicators
  Economic Freedom World Rank for Lebanon
  Government Spending for Lebanon
  Monetary Freedom for Lebanon
  Investment Freedom for Lebanon
  Financial Freedom for Lebanon
  Property Rights for Lebanon
  Economic Freedom Regional Ranking for Lebanon
  Freedom from Corruption for Lebanon
  Labor Freedom for Lebanon
  Tariff Rate for Lebanon
  Income Tax Rate for Lebanon
  Corporate Tax Rate for Lebanon
  Tax Burden % of GDP for Lebanon
  Government Expenditure % of GDP for Lebanon
  Business Freedom for Lebanon
  Trade Freedom for Lebanon
  Fiscal Freedom for Lebanon
  2016 Score for Lebanon
* Source: HFO
Lebanon Economic Indicators in other Years
  Lebanon Economic Indicators for Year 2021 (Forecast)
  Lebanon Economic Indicators for Year 2020 (Forecast)
  Lebanon Economic Indicators for Year 2019 (Forecast)
  Lebanon Economic Indicators for Year 2018 (Forecast)
  Lebanon Economic Indicators for Year 2017 (Forecast)
  Lebanon Economic Indicators for Year 2016 (Forecast)
Lebanon Economic Indicators for Year 2015 (Current)
  Lebanon Economic Indicators for Year 2014
  Lebanon Economic Indicators for Year 2013
  Lebanon Economic Indicators for Year 2012
  Lebanon Economic Indicators for Year 2011
  Lebanon Economic Indicators for Year 2010
  Lebanon Economic Indicators for Year 2009
  Lebanon Economic Indicators for Year 2008
  Lebanon Economic Indicators for Year 2007
  Lebanon Economic Indicators for Year 2006
  Lebanon Economic Indicators for Year 2005
  Lebanon Economic Indicators for Year 2004
  Lebanon Economic Indicators for Year 2003
  Lebanon Economic Indicators for Year 2002
  Lebanon Economic Indicators for Year 2001
  Lebanon Economic Indicators for Year 2000
  Lebanon Economic Indicators for Year 1999
  Lebanon Economic Indicators for Year 1998
  Lebanon Economic Indicators for Year 1997
  Lebanon Economic Indicators for Year 1996
  Lebanon Economic Indicators for Year 1995
  Lebanon Economic Indicators for Year 1994
  Lebanon Economic Indicators for Year 1993
  Lebanon Economic Indicators for Year 1992
  Lebanon Economic Indicators for Year 1991
  Lebanon Economic Indicators for Year 1990
  Lebanon Economic Indicators for Year 1989
  Lebanon Economic Indicators for Year 1988
  Lebanon Economic Indicators for Year 1987
  Lebanon Economic Indicators for Year 1986
  Lebanon Economic Indicators for Year 1985
  Lebanon Economic Indicators for Year 1984
  Lebanon Economic Indicators for Year 1983
  Lebanon Economic Indicators for Year 1982
  Lebanon Economic Indicators for Year 1981
  Lebanon Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International