Imports$19.89 billion (2011 est.)
Exports$5.482 billion (2011 est.)
Inflation rate (consumer prices)5.1% (2011 est.)
GDP - per capita (PPP)$15,700 (2011 est.)
National product real growth rate7.2% (2010 est.)
Internet users1 million (2009)
Telephones - mobile cellular2.875 million (2009)
Population growth rate-0.38% (2012 est.)
Population4,140,289 (July 2012 est.)
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....
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....
The Economist Intelligence Unit
NCAIS: 0 SIC: 0
This report contains detailed forecasts and analysis for Lebanon, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...