Source
Central bank

Central Bank of Lebanon

International Reserves

US$ 47,856 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 45 billion (2014 estimate)

GDP (Purchasing Power Parity)

68 billion of International dollars (2014 estimate)

Real GDP growth
2005 2006 2007 2008 2009 2010 2011
2.7% 1.6% 9.4% 9.1% 10.3% 8.0% 2.0%
2012 2013 2014*        
1.5% 1.0% 1.0%        

*Estimate

GDP per capita - current prices

US$ 10,086 (2014 estimate)

GDP per capita - PPP

$15,078 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.12% 0.05% 0.07% 0.08% 0.08%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 4.6% 
  • industry: 20% 
  • services: 75.4% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2010 2011 2012 2013 2014*
5.1% 7.2% 5.9% 3.2% 2.0%

*Estimate

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

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
138.4% 133.9% 135.7% 139.7% 147.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-7.6% -5.9% -8.7% -9.5% -11.5%

*Estimate  

Government bond ratings

Standard & Poor's: B-

Moody's rating: B1

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Sept 22 2014)

Market value of publicly traded shares
2010 2011 2012
US$12.59 billion US$10.16 billion US$10.3 billion

2010 Estimate    2012 Estimate

Largest companies in Lebanon

Bank Audi (Regional Banks), Blom Bank (Regional Banks) (2014)

 
 
Source
Current account balance

US$ -7.172 billion (2014 estimate)(After 2008)

Current account balance by percentage of GDP

-15.766% of GDP (2014 estimate)(2009)

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

62.5% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0.03%(2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.5% (2012)

(Data were released in 2014)

Total exports

US$ 5.826 billion (2013 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$ 20.97 billion (2013 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

South Africa 19.3%, Switzerland 12.2%, Saudi Arabia 8%, UAE 7.9%, Syria 6.6%, Iraq 4.7% (2012)

Imports - major partners

US 11.2%, Italy 8.6%, China 8.3%, France 7.2%, Germany 5.6%, Turkey 4.5%, Greece 4.2% (2012)

FDI inflows
2011 2012 2013
US$ 3,485 million US$ 3,674 million US$ 2,833 million
FDI outflows
2011 2012 2013  
US$ 755 million US$ 572 million US$ 690 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$26 million US$836 million US$80 million US$0 million
Cross-border M&A; deals worth over $3 billion completed in 2012(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 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(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.)

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 111 out of 189 countries(2009) (2013)

Subcategories:

Starting a business: 120 out of 189 countries(2009)

Enforcing Contracts: 126 out of 189 countries

Registering Property: 112 out of 189 countries

Getting credit: 109 out of 189 countries

Protecting investors: 98 out of 189 countries

Trading across border: 97 out of 189 countries

Paying Taxes: 39 out of 189 countries

Dealing with Construction Permits: 179 out of 189 countries

Getting Electricity: 51 out of 189 countries

Resolving Insolvency: 93 out of 189 countries

(2013)

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

113

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 96 Score: 59.4 (Moderately Free) (2014)

(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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