Guardianship Authority
Presidency of the
Council of Ministers
LEBANON’S MAIN ECONOMIC INDICATORS |
OUTPUT AND PRICES (2019) 1 |
|
GDP |
USD 58.56 Billion |
GDP/Capita | USD 9,655 |
Real GDP Growth | 0.2% |
Average Inflation Rate | 3.1% |
GDP COMPOSITION BY SECTOR (2018) 2 | |
Agriculture, Forestry, and Fishing | 3.2% |
Mining and Quarrying | 0.4% |
Manufacturing | 7.6% |
Utilities (Electricity and Water) | 2.4% |
Construction | 3.8% |
Wholesale and Retail Trade, Repair of Vehicles | 12.9% |
Real Estate | 15.2% |
Information and Communication | 2.1% |
Transportation | 2.9% |
Hotels and Restaurants | 3.1% |
Financial Services | 8.5% |
Professional Services | 4.1% |
Administrative Services | 2.6% |
Public Administration | 11.4% |
Education | 7.4% |
Health and Social Care | 3.7% |
Personal & Community Services | 2.9% |
FISCAL PERFORMANCE 3 | |
Gross Public Debt (as of October 2019) | 151% of GDP |
Fiscal Deficit (as of October 2019) | USD -6,066 million |
Corporate Tax Rate (2019) | 17% |
FINANCIAL PERFORMANCE |
|
Domestic Credit to Private Sector (end of 2018) 4 | 109.4% of GDP |
Liquidity Ratio (2018) 5 | 6.1% |
Non-resident Capital Inflows (2018) 6 | USD 7 billion |
EXTERNAL SECTOR |
|
Foreign Direct Investment (FDI) (2018) 7 | USD 2.88 billion |
Current Account Balance (2019) 1 | USD -15.45 billion |
Source: 1International Monetary Fund (IMF), 2Central Administration of Statistics (CAS),
3Ministry of Finance, 4Central Bank of Lebanon and IMF, 5IMF, Article IV 2019, 6Byblos Bank, 7UNCTAD