Source
Central bank

Central Bank of Lebanon

International Reserves

USD 39.2 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 53.4 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 88.7 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
1.6% 9.4% 9.1% 10.3% 8% 0.9% 2.8%
2013 2014* 2015* 2016* 2017*    
2.5% 2% 1% 1% 2%    

*Estimate

GDP per capita - current prices

USD 11,497.5 (2017, estimate)

GDP per capita - PPP

Intl$ 19,116.6 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.12% 0.05% 0.07% 0.08% 0.07%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 5.7% 
  • industry: 25% 
  • services: 69.4%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
4.8% 1.9% -3.7% -0.7% 2.0%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
133.4% 133.4% 138.4% 143.9% 149.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-8.7% -6% -7.4% -8.1% -9.5%

*Estimate

Government bond ratings

Standard & Poor's: B-

Moody's: B2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

Bank Audi, Blom Bank.

 
 
Source
Current account balance

USD -11.0 billion (2017 estimate)

Current account balance by percentage of GDP

-20.6% (2017 estimate)

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

57.0% (2015)

Shares in world total merchandising export

0.02% (2015)

Shares in world total commercial services export

0.3% (2014)

Total exports

USD 3.1 billion (2016 estimate)

Export commodities

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

Total imports

USD 18.0 billion (2016 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

Saudi Arabia 12.1%, UAE 10.6%, Iraq 7.6%, Syria 7.1%, South Africa 6.6% (2015)

Imports - major partners

China 11.5%, Italy 7.1%, Germany 6.8%, France 6%, US 5.7%, Russia 4.6%, Greece 4.4% (2015)

FDI inflows
2013 2014 2015
USD 2,701 million USD 2,906 million USD 2,341 million
FDI outflows
2013 2014 2015
USD 1,965 million USD 1,213 million USD 619 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 80.1 million N/A USD -62.8 million USD 7.3 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 126 out of 190 countries (2017)

Subcategories:

Starting a business: 139 out of 190 countries

Enforcing Contracts: 127 out of 190 countries

Registering Property: 103 out of 190 countries

Getting Credit: 118 out of 190 countries

Protecting Minority Investors: 145 out of 190 countries

Trading Across Borders: 134 out of 190 countries

Paying Taxes: 67 out of 190 countries

Dealing with Construction Permits: 135 out of 190 countries

Getting Electricity: 122 out of 190 countries

Resolving Insolvency: 143 out of 190 countries

Global competitiveness ranking

101 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 98 / Score: 59.52 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+2

Total area

10,400 sq km

Capital

Beirut

Currency

Lebanese pounds (LBP)

Government type

republic

Languages

Arabic (official), French, English, Armenian

Religions

Muslim 54% (27% Sunni, 27% Shia), Christian 40.5% (includes 21% Maronite Catholic, 8% Greek Orthodox, 5% Greek Catholic, 6.5% other Christian), Druze 5.6%, very small numbers of Jews, Baha'is, Buddhists, Hindus, and Mormons

Total population
1990 2000 2010 2014* 2019**
2.703 million 3.235 million 4.341 million 4.51 million 4.731 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
42.3% 74% 86% 88%
Population median age

 29.3 years (2014 est.)

Population growth rate

9.37% (2014 est.)

Life expectancy

77.22 years  (2014 est.)

Adult literacy

89.6% (2007 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 5
Civil Liberties: 4 (2014)

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

Total telephone subscribers as % of population

Fixed 18.0%   Mobile 80.6% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

70.50% (2013)

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 63rd (2014)

CO2 emissions(Metric tons of CO2 per capita)

4.7 (2010)

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