The Levant's Return To Confidence
In the aftermath of revolution and civil war, the storied trading region seeks to convince investors it’s time to come back.
Lebanon GDP and Economic Data
Country Report 2017 - Includes Lebanon real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Lebanon economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Lebanon best banks and safest banks are also available.
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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 (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 0.12% | 0.05% | 0.07% | 0.08% | 0.07% |
*Estimate
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GDP - composition by sector
- agriculture: 5.7%
- industry: 25%
- services: 69.4%
(2016 estimate)
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
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)
Source
Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Source
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)
Export commodities
Jewelry, base metals, chemicals, consumer goods, fruit and vegetables, tobacco, construction minerals, electric power machinery and switchgear, textile fibers, paper
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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
Source
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
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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 (2012 est.)
Total population
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 2.703 million | 3.235 million | 4.341 million | 4.597 million | 4.822 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| 42% | 74% | 86% | 88% |
Literacy
Total population: 93.9%
Male: 96%
Female: 91.8% (2015 est.)
(age 15 and over can read and write)
Freedom House rating
Political Rights: 5
Civil Liberties: 4 (2017)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed 20.04% Mobile 92.16% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)