Lebanon: Economy

Economic Trivia

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

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): China, Italy, and France
Top 3 Exported Goods (2014): Precious Stones & Metals, Industrial Machinery, and Electrical Machinery

Top Industries Source: CIA World Factbook

Banking; Tourism; Food Processing; Wine

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $81,547,339,207 (2015)
GDP Growth Rate (annual %) 1.509% (2015)
GDP Per Capita, PPP (current international) $13,938 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 88/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -3.749% (2015)
External debt stocks, total (DOD, current US$) $30,608,412,000 (2014)
Total tax rate (% of commercial profits) 30.3% (2015)
Real Interest Rate (5 year average %) 5.54% (2015)
Manufacturing, value added (% of GDP) 9.081% (2015)
Current Account Balance (BoP, current US$) ($8,145,515,688) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 1,650,523 (2014)
Employment in Agriculture (% of total employment) 6.3% (2009)
Employment in Industry (% of total employment) 21% (2009)
Employment in Services (% of total employment) 72.6% (2009)
Unemployment Rate 6.4% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $30,589,354,993 (2015)
Exports of goods and services (current US$) $26,821,125,143 (2015)
Total Merchandise Trade (% of GDP) 56.161% (2014)
FDI, net inflows (BoP, current US$) $2,341,880,814 (2015)
Commercial Service Exports (current US$) $13,725,511,061 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Lebanon’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary