Source
Central bank

Central Bank of Lebanon

International Reserves

US$ 47.859 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 41.804 billion (2010 estimate)

GDP (Purchasing Power Parity)

64.098 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
4% 3.4% 3.2% 7.5% 1% 0.6% 7.5% 9.3%
2009 2010 2011 2012*        
8.5% 7% 1.5% 3%        

*Estimate

GDP per capita - current prices

US$ 10,425 (2007 estimate)

GDP per capita - PPP

$15,985 International Dollars (2007 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.12% 0.05% 0.07% 0.08% 0.08%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 4.5% 
  • industry: 15.9% 
  • services: 79.7% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
1.2%(2008) 4.5% 5% 4%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
156.3% 147.6% 141.7% 136.2% 135.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-9.5% -8.3% -7.7% -5.6% -8.1%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: B

Moody's rating: B1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$12.89 billion US$12.59 billion US$10.16 billion
Largest companies in Lebanon

Bank Audi (Regional Banks), Blom Bank (Regional Banks) (2012)

 
 
Source
Current account balance

US$ -5.9 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-14.2% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

20.9% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.03%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.42% (2010)(2007)

(Data were released in 2012)

Total exports

US$5.655 billion (2012 estimate) 

Export commodities

jewelry, base metals, chemicals, miscellaneous consumer goods, fruit and vegetables, tobacco, construction minerals, electric power machinery and switchgear, textile fibers, paper

Total imports

US$20.73 billion (2012 estimate) 

 
 
Source
Import commodities

petroleum products, cars, medicinal products, clothing, meat and live animals, consumer goods, paper, textile fabrics, tobacco, electrical machinery and equipment, chemicals

Exports - major partners

UAE 11.6%, South Africa 9.3%, Iraq 7.4%, Saudi Arabia 6.8%, Turkey 6.2%, Syria 6%, Egypt 5.4%, Switzerland 4.9% (2009 estimate)

Imports - major partners

US 10.3%, Italy 9.5%, France 8.9%, China 8.3%, Germany 5.2%, Turkey 4.1% (2009 estimate)

FDI inflows
2009 2010 2011
US$4,804 million US$4,280 million(2009) US$3,200 million(2009)
FDI outflows
2009 2010 2011  
US$1,126 million US$487 million US$900 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$-233 million US$283 million(2009) US$0 million(2009) US$834 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 115 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 114 out of 185 countries(2009)

Enforcing Contracts: 121 out of 185 countries

Registering Property: 108 out of 185 countries

Getting credit: 104 out of 185 countries

Protecting investors: 100 out of 185 countries

Trading across border: 95 out of 185 countries

Paying Taxes: 37 out of 185 countries

Dealing with Construction Permits: 172 out of 185 countries

Getting Electricity: 47 out of 185 countries

Resolving Insolvency: 131 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

91

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 90 Score: 60.1 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

10,400 km2 (2006)

Capital

Beirut (2009)

Currency

Lebanese pounds (LBP) (2009)

Government type

republic (2009)

Languages

Arabic (official), French, English, Armenian

Religions

Muslim 59.7% (Shia, Sunni, Druze, Isma'ilite, Alawite or Nusayri), Christian 39% (Maronite Catholic, Greek Orthodox, Melkite Catholic, Armenian Orthodox, Syrian Catholic, Armenian Catholic, Syrian Orthodox, Roman Catholic, Chaldean, Assyrian, Copt, Protestant), other 1.3%

Total population
1980 1990 2000 2012* 2017**
2.67 million 2.83 million 3.56 million 4.01 million 4.28 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
42.3% 73.7% 86% 87.2%
Population median age

29 years (2010)

Population growth rate

0.7% (2011)

Life expectancy

72 years (2010)

Adult literacy

90% (2005/2010)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:4 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

99.78% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

52% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Beirut: 75th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

4.996 (Data were released in 2012 and refer to 2009)

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