Lebanon

Lebanon : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$19.89 billion (2011 est.)
$17.72 billion (2010 est.)

Exports

$5.482 billion (2011 est.)
$5.467 billion (2010 est.)

Inflation rate (consumer prices)

5.1% (2011 est.)
4% (2010 est.)

Unemployment rate

NA%

GDP - per capita (PPP)

$15,700 (2011 est.)
$15,700 (2010 est.)
$14,900 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

7.2% (2010 est.)
6.9% (2009 est.)
9.3% (2008 est.)

Internet users

1 million (2009)

Telephones - mobile cellular

2.875 million (2009)

Population growth rate

-0.38% (2012 est.)

Population

4,140,289 (July 2012 est.)

Historical background

Following World War I, France acquired a mandate over the northern portion of the former Ottoman Empire province of Syria.

The French separated out the region of Lebanon in 1920, and granted this area independence in 1943.

A lengthy civil war (1975-90) devastated the country, but Lebanon has since made progress toward rebuilding its political institutions.

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Lebanon

Economic overview

Lebanon has a free-market economy and a strong laissez-faire commercial tradition.

The government does not restrict foreign investment; however, the investment climate suffers from red tape, corruption, arbitrary licensing decisions, high taxes, tariffs, and fees, archaic legislation, and weak intellectual property rights.

The Lebanese economy is service-oriented; main growth sectors include banking and tourism.

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The Economist Intelligence Unit

Country Risk Service Lebanon October 2014

Country Risk Service Lebanon October 2014

  • $ 520
  • Country report
  • October 2014
  • by The Economist Intelligence Unit

NCAIS: 0 SIC: 0

  • Countries : Lebanon

Oxford Economics

Country Economic Forecasts > Lebanon

Country Economic Forecasts > Lebanon

  • $ 185
  • Country report
  • October 2014
  • by Oxford Economics

Hopes for economic revival during 2014 have been dashed by regional and domestic political events, and indicators continue to point to only marginal growth. We expect GDP to grow just 1.5% this year, rising ...

  • Countries : Lebanon

PRS Group

ICRG Annual: Volume 4, The Middle East & North Africa

ICRG Annual: Volume 4, The Middle East & North Africa

  • $ 386
  • Country report
  • October 2014
  • by PRS Group

Purchase individual volumes of the International Country Risk Guide Annual (described separately). Choose from seven perfect-bound volumes (6 regional volumes and one volume of country risk ratings & statistics ...

  • Countries : Africa, Asia, United Arab Emirates, Saudi Arabia, World, Yemen, Syrian Arab Republic, Qatar, Lebanon, Kuwait, Jordan, Israel, Bahrain, Tunisia, Sudan, Morocco, Libyan Arab Jamahiriya, Egypt, Algeria, Oman, Iraq, Iran

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