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Lebanon

Headline economic indicators for Lebanon, with the most recent official readings.

Prices

Prices — Lebanon
Indicator Value Change
Inflation rate · 14.6% -30.65 (-67.7%)
Consumer price index · 8,882.6 +1,131 (+14.6%)
GDP deflator inflation · 45.2% -157.75 (-77.7%)

GDP

GDP — Lebanon
Indicator Value Change
GDP growth rate · -7.1% -6.32 (-830.8%)
GDP per capita · 4,473.27 +995.55 (+28.6%)
GDP per capita, long-run history · 10,341 -232.70 (-2.2%)
GDP · 25,971,643,441.34 +5,893,023,084 (+29.3%)
GDP, PPP · 69,192,263,556 -3,468,285,447 (-4.8%)
GDP per capita, PPP · 11,917 -667.75 (-5.3%)
GDP per capita growth · -7.6% -6.34 (-503.6%)
GNI per capita · 3,560 -150.00 (-4.0%)
Agriculture to GDP · 1.0% +0.08 (+8.1%)
Industry to GDP · 2.6% +0.55 (+26.3%)
Manufacturing to GDP · 1.4% -1.52 (-51.5%)
Services to GDP · 35.7% -6.65 (-15.7%)
Household consumption to GDP · 129.3% -6.78 (-5.0%)
Gross capital formation to GDP · 1.4% -0.45 (-23.9%)
Gross savings to GDP · -12.5% +9.24 (+42.4%)

Labour

Labour — Lebanon
Indicator Value Change
Unemployment rate · 11.0% -0.12 (-1.1%)
Labour force participation rate · 43.4% +0.02 (+0.1%)
Female labour force participation rate · 22.2% -0.10 (-0.5%)
Youth unemployment rate · 22.7% -0.16 (-0.7%)
Employment to population ratio · 38.7% +0.07 (+0.2%)
Employment in agriculture · 3.5% -0.06 (-1.6%)
Employment in industry · 20.1% +0.59 (+3.0%)
Employment in services · 76.4% -0.53 (-0.7%)

Money

Money — Lebanon
Indicator Value Change
Real interest rate · 6.2% +2.78 (+82.1%)
Broad money to GDP · 260.6% +1.33 (+0.5%)
Private sector credit to GDP · 106.6% +2.57 (+2.5%)
Lending rate · 10.5% +1.42 (+15.6%)
Bank deposit rate · 9.7% +1.97 (+25.6%)
Stock market capitalization to GDP · 45.7% +24.59 (+116.3%)
Bank nonperforming loans · 15.2% +4.94 (+48.2%)
Official exchange rate · 89,500 +0.00 (+0.0%)

Trade

Trade — Lebanon
Indicator Value Change
Current account to GDP · -28.1% +6.50 (+18.8%)
Exports to GDP · 23.3% -7.23 (-23.7%)
Imports to GDP · 58.9% -14.74 (-20.0%)
Trade to GDP · 82.2% -21.97 (-21.1%)
Exports of goods and services · 6,055,691,106.15 -78,610,917 (-1.3%)
Imports of goods and services · 15,301,404,346.37 +512,496,904 (+3.5%)
Trade balance, goods and services (annual) · -11,542,638,381.84 +548,756,731 (+4.5%)
Current account balance (annual) · -5,642,829,132.74 +1,621,856,083 (+22.3%)
Foreign direct investment to GDP · 6.8% +3.53 (+108.1%)
Remittances received to GDP · 33.3% +2.69 (+8.8%)
Total reserves, including gold · 33,301,277,509.62 +5,811,579,378 (+21.1%)
Reserves in months of imports · 13.6 -1.30 (-8.7%)
External debt to GNI · 331.6% -1.21 (-0.4%)

Government

Government — Lebanon
Indicator Value Change
Government debt to GDP · 128.6% +21.68 (+20.3%)
Government revenue to GDP · 13.5% +6.58 (+95.8%)
Government expense to GDP · 6.3% -8.65 (-57.9%)
Tax revenue to GDP · 11.1% +5.45 (+95.9%)
Government budget balance to GDP · 1.2% +0.70 (+144.1%)
Government consumption to GDP · 4.9% -0.27 (-5.2%)
Education spending to GDP · 1.2% -0.28 (-18.6%)
Health spending to GDP · 5.6% +0.66 (+13.5%)

Demography

Demography — Lebanon
Indicator Value Change
Population · 5,849,421 +43,459 (+0.7%)
Population, long-run history · 4,713 -88.34 (-1.8%)
Population growth · 0.7% +0.18 (+33.0%)
Life expectancy · 77.9 +0.13 (+0.2%)
Fertility rate · 2.23 -0.01 (-0.5%)
Birth rate · 16.0 -0.19 (-1.2%)
Death rate · 6.0 +0.07 (+1.2%)
Urban population share · 91.0% +0.26 (+0.3%)
Population aged 65 and over · 10.4% +0.30 (+3.0%)
Under-five mortality rate · 17.6 +0.60 (+3.5%)
Population density · 567.5 +3.17 (+0.6%)
Net migration · -10,230 +7,037 (+40.8%)
Gini index · 35.5 +3.70 (+11.6%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

Lebanon

Economies nearby

Comparable readings from neighbouring economies.