Economic Indicators |
ALL INDICATORS |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
Macroeconomic
Indicators |
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GDP (Current prices) (USD billion)-World Bank |
35.4 |
38.4 |
40 |
44 |
47 |
48.1 |
50 |
51.2 |
53.1 |
55 |
52.0 |
33.4 |
GDP (Current prices) (USD billion)-IMF |
35.4 |
38.4 |
40 |
44 |
47 |
48.1 |
50 |
51.2 |
53.1 |
55 |
52.6 |
19.1 |
GDP growth-World Bank |
10.2 |
8 |
0.9 |
2.5 |
3.8 |
2.5 |
0.2 |
1.5 |
0.9 |
-1.9 |
-6.7 |
-20.3 |
GDP growth-IMF |
10.2 |
8 |
0.9 |
2.5 |
3.8 |
2.5 |
0.2 |
1.5 |
0.9 |
-1.9 |
-6.7 |
-25 |
GDP per capita (Current prices) (USD)-World Bank |
7,355 |
7,762 |
7,675 |
7,952 |
7,933 |
7,688 |
7,645 |
7,626 |
7,793 |
8,013 |
7,584 |
4,891 |
GDP per capita (Current prices) (USD)-IMF |
7,355 |
7,762 |
7,675 |
7,952 |
7,933 |
7,688 |
7,645 |
7,626 |
7,793 |
8,013 |
7,668 |
2,802 |
Consumer Price Index (CPI) at Year End* |
83 |
87 |
90 |
99 |
100 |
99 |
96 |
99 |
104 |
108 |
116 |
284 |
Coincident Indicator (100 in 1993) (At Year End) |
241 |
256 |
266 |
263 |
268 |
293 |
302 |
292 |
318 |
301 |
266 |
174 |
Exports (in USD million) |
3,484 |
4,253 |
4,265 |
4,483 |
3,936 |
3,313 |
2,951 |
2,976 |
2,844 |
2,951 |
3,713 |
3,538 |
Imports (in USD million) |
16,242 |
17,964 |
20,158 |
21,280 |
21,228 |
21,438 |
18,595 |
19,119 |
19,583 |
19,979 |
19,239 |
11,309 |
Trade Balance (in USD million) |
-12,758 |
-13,711 |
-15,893 |
-16,797 |
-17,292 |
-18,125 |
-15,644 |
-16,143 |
-16,739 |
-17,028 |
-15,526 |
-7,771 |
Imports of Industrial Machinery (in USD million) |
200 |
228 |
240 |
290 |
300 |
270 |
243 |
237 |
257 |
266 |
190 |
84 |
Foreign Direct Investments (in USD billion) |
4.8 |
4.2 |
3.4 |
3.7 |
2.8 |
3.0 |
2.2 |
2.6 |
2.5 |
2.7 |
2.1 |
3.1 |
Remittances inflows (USD billion)-World Bank |
7.6 |
6.9 |
6.9 |
6.7 |
7.6 |
7.2 |
7.5 |
7.6 |
7.1 |
7.0 |
7.4 |
6.3 |
Business Indicators |
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Number of Real Estate transactions |
94,046 |
94,202 |
82,984 |
74,569 |
69,198 |
70,793 |
63,386 |
64,248 |
73,740 |
60,714 |
50,352 |
82,202 |
Real Estate Sales (in USD million) |
6,956 |
9,479 |
8,841 |
9,175 |
8,263 |
9,200 |
8,010 |
8,482 |
9,953 |
8,100 |
6,800 |
14,386 |
Building Permits (in million square meters) |
14.1 |
17.6 |
16.3 |
14.5 |
12.9 |
13.0 |
12.3 |
12.2 |
11.7 |
9.0 |
6.1 |
4.4 |
Cement Deliveries (in million tons) |
4.9 |
5.2 |
5.5 |
5.3 |
5.8 |
5.5 |
5.0 |
5.26 |
5.15 |
4.7 |
3.2 |
2.0 |
Airport Passenger Numbers (in million) |
5.0 |
5.6 |
5.7 |
6.0 |
6.3 |
6.6 |
7.2 |
7.6 |
8.2 |
8.8 |
8.7 |
2.5 |
Number of Tourists (in million) |
1.9 |
2.2 |
1.6 |
1.4 |
1.2 |
1.3 |
1.5 |
1.7 |
1.9 |
2.0 |
1.9 |
0.4 |
Beirut Port Activity (out/in in thousand tons) |
6,322 |
6,469 |
6,677 |
7,225 |
8,268 |
8,280 |
8,216 |
8,737 |
8,629 |
7,984 |
6,524 |
4,561 |
Number of Vessels |
2,395 |
2,285 |
2,167 |
2,125 |
2,114 |
1,962 |
1,807 |
1,580 |
1,909 |
1,872 |
1,746 |
1,377 |
Number of Containers |
994,601 |
949,155 |
1,034,249 |
1,041,756 |
1,117,334 |
1,210,413 |
1,130,296 |
1,147,219 |
1,305,032 |
1,305,754 |
1,229,081 |
772,873 |
of which containers in transshipment |
403,411 |
349,668 |
449,029 |
406,787 |
359,276 |
428,984 |
331,686 |
291,588 |
407,255 |
431,508 |
495,000 |
306,346 |
Sale of new vehicles |
32,177 |
33,412 |
32,455 |
35,477 |
36,109 |
37,816 |
39,361 |
36,326 |
37,222 |
33,012 |
21,991 |
6,152 |
Number of new firms registered (Beirut & Mount-Lebanon) |
7,093 |
7,667 |
7,554 |
6,157 |
6,299 |
6,071 |
6,303 |
5,787 |
6,251 |
5,495 |
4,720 |
2,295 |
Electricity Production (in million kWh) |
11,920 |
12,458 |
12,397 |
10,966 |
12,096 |
12,522 |
12,520 |
13,130 |
15,030 |
15,245 |
14,791 |
12,324 |
Financial Indicators |
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BDL's Gold Reserves (in USD million) |
10,000 |
13,014 |
14,401 |
15,312 |
11,104 |
11,000 |
9,848 |
10,705 |
11,962 |
11,770 |
13,939 |
17,324 |
BDL's Foreign Currency Reserves (in USD million) |
29,200 |
30,614 |
30,815 |
29,972 |
31,713 |
32,403 |
30,638 |
34,029 |
35,806 |
32,514 |
29,553 |
18,604 |
BSE Market Capitalization (USD billion) |
12.8 |
12.7 |
10.3 |
10.421 |
10.5 |
11.2 |
11.2 |
11.9 |
11.5 |
9.7 |
7.8 |
6.7 |
Total Volume of Traded Shares (in million) |
103 |
271 |
78 |
55 |
51 |
96 |
75 |
120 |
87 |
90 |
200 |
50 |
Total Value of Traded Shares (in USD million) |
1,038 |
1,871 |
515 |
408 |
375 |
661 |
629 |
972 |
762 |
634 |
902 |
243 |
Total Checks cleared (value in USD million) |
56,000 |
67,418 |
72,103 |
71,037 |
72,300 |
74,200 |
69,627 |
68,136 |
68,375 |
66,687 |
57,753 |
54,197 |
Returned checks (value in USD million) |
1,101 |
1,420 |
1,438 |
1,140 |
1,548 |
1,607 |
1,530 |
1,461 |
1,429 |
1,622 |
1,639 |
957 |
Dollarization rate of Deposits (%) |
64.5 |
63.2 |
65.9 |
64.8 |
66.1 |
65.7 |
64.9 |
65.8 |
68.0 |
69.8 |
74.5 |
78.0 |
3-month LIBOR Interest Rate* |
0.25 |
0.30 |
0.56 |
0.31 |
0.24 |
0.26 |
0.54 |
0.98 |
1.60 |
2.79 |
1.91 |
0.23 |
Beirut Reference Rate on $ |
5.18 |
4.67 |
4.68 |
5.76 |
5.89 |
6.05 |
6.16 |
6.54 |
6.83 |
8.2 |
10.39 |
4.53 |
Average interest rates on Deposits (LL)* |
6.75 |
5.68 |
5.63 |
5.41 |
5.44 |
5.56 |
5.56 |
5.56 |
6.41 |
8.3 |
7.36 |
2.64 |
Average interest rates on Deposits ($)* |
3.05 |
2.8 |
2.83 |
2.86 |
2.95 |
3.07 |
3.17 |
3.52 |
3.89 |
5.15 |
4.62 |
0.94 |
Average interest rate on loans (LL) |
9.04 |
7.91 |
7.38 |
7.07 |
7.29 |
7.49 |
7.45 |
8.23 |
8.09 |
9.97 |
9.09 |
7.77 |
Average interest rate on loans ($) |
7.28 |
6.74 |
7.02 |
6.87 |
6.88 |
6.97 |
7.06 |
7.35 |
7.67 |
8.57 |
10.84 |
6.73 |
Balance of Payments (in USD million) |
7,899 |
3,325 |
-1,996 |
-1,537 |
-1,128 |
-1,408 |
-3,354 |
1,238 |
-156 |
-4,823 |
-5,851 |
-10,551 |
Banking Indicators |
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Number of Commercial Banks |
53 |
54 |
54 |
54 |
56 |
55 |
53 |
50 |
49 |
49 |
47 |
47 |
Number of Investment Banks |
12 |
13 |
15 |
17 |
17 |
16 |
16 |
17 |
16 |
16 |
16 |
16 |
Total Number of Banks |
65 |
67 |
69 |
71 |
73 |
71 |
69 |
67 |
65 |
65 |
63 |
63 |
Number of Financial Institutions |
47 |
50 |
53 |
53 |
55 |
55 |
52 |
50 |
49 |
45 |
44 |
41 |
Number of Payment Cards (in million) |
1.6 |
1.7 |
1.8 |
1.9 |
2.2 |
2.4 |
2.8 |
2.8 |
2.6 |
2.8 |
3.0 |
2.8 |
Number of ATM machines |
1,207 |
1,285 |
1,326 |
1,433 |
1,516 |
1,603 |
1,707 |
1,793 |
1,902 |
1,998 |
2,003 |
1,874 |
Commercial Banks |
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Number of Commercial Bank-Branches†† |
885 |
912 |
948 |
962 |
985 |
1,020 |
1,039 |
1,056 |
1,065 |
1,080 |
1,058 |
992 |
Total Net Profit (in USD million) (local operations) |
1,197 |
1,642 |
1,564 |
1,563 |
1,632 |
1,717 |
1,865 |
1,900 |
2,302 |
2,234 |
NA |
NA |
Deposits at the Central Bank (in USD million) |
35,755 |
40,331 |
47,208 |
52,540 |
54,271 |
63,508 |
70,557 |
89,295 |
103,412 |
130,771 |
118,215 |
111,537 |
Total Assets (in USD million) |
115,097 |
128,970 |
140,623 |
151,932 |
164,821 |
175,697 |
185,989 |
204,311 |
219,856 |
249,484 |
216,781 |
188,042 |
Total Deposits (in USD million) |
95,001 |
107,239 |
117,742 |
127,699 |
139,166 |
147,637 |
154,951 |
162,495 |
168,394 |
173,178 |
157,479 |
137,589 |
Loans to the Resident Private Sector (in USD million) |
24,267 |
30,326 |
34,236 |
37,857 |
41,516 |
45,382 |
48,061 |
51,040 |
53,448 |
51,798 |
43,912 |
31,766 |
Loans to Non-Resident Private Sector (in
USD million) |
4,116 |
4,614 |
5,151 |
5,608 |
5,863 |
5,517 |
6,182 |
6,140 |
6,071 |
7,117 |
5,572 |
4,136 |
Loans to the Public Sector (in USD million) |
29,072 |
29,325 |
29,234 |
31,141 |
37,668 |
37,364 |
37,813 |
34,723 |
31,949 |
33,599 |
28,683 |
21,058 |
Foreign Assets (in USD million) |
23,680 |
25,727 |
25,497 |
26,167 |
26,625 |
24,192 |
23,794 |
23,100 |
23,601 |
25,201 |
17,601 |
14,023 |
Claims on Non-Resident Financial Sector (in USD million) |
15,025 |
15,849 |
14,634 |
14,400 |
13,920 |
12,171 |
11,561 |
11,240 |
11,300 |
11,989 |
6,767 |
4,716 |
Money Supply |
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Currency in Circulation (in million USD) |
1,584 |
1,800 |
1,918 |
2,132 |
2,137 |
2,425 |
2,663 |
3,046 |
3,241 |
3,322 |
6,513 |
19,398 |
M1 = Currency in Circulation+Demand Deposits in LL (in million
USD) |
3,219 |
3,801 |
4,073 |
4,714 |
5,068 |
5,521 |
6,000 |
6,739 |
7,047 |
7,736 |
11,025 |
26,638 |
M2 = M1 + Other Deposits in LL (in million USD) |
34,246 |
39,417 |
38,914 |
43,183 |
45,726 |
48,819 |
52,170 |
54,679 |
52,515 |
50,964 |
42,112 |
44,783 |
M3 = M2 +Bonds+Deposits in Foreign Currency (in million USD) |
82,295 |
92,176 |
97,263 |
104,045 |
111,455 |
117,990 |
123,663 |
132,797 |
138,617 |
141,289 |
134,548 |
132,704 |
M4 = M3 +Treasury Bills held by the public (in million USD) |
87,186 |
97,426 |
102,432 |
109,276 |
117,598 |
124,927 |
130,968 |
139,960 |
145,742 |
148,880 |
142,008 |
140,350 |
Fiscal Indicators |
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Gross Public Debt (in USD million) |
51,152 |
52,620 |
53,690 |
57,694 |
63,491 |
66,576 |
70,336 |
74,899 |
79,530 |
85,139 |
91,642 |
95,594 |
Debt in LL (in USD million) |
29,833 |
32,010 |
32,730 |
33,299 |
37,355 |
40,963 |
43,247 |
46,785 |
49,139 |
51,643 |
57,897 |
59,544 |
Debt in Foreign Currency (in USD million)** |
21,319 |
20,610 |
20,960 |
24,395 |
26,136 |
25,613 |
27,089 |
28,114 |
30,391 |
33,496 |
33,745 |
36,050 |
Net Public Debt (in USD million) |
44,172 |
45,045 |
46,403 |
49,126 |
53,212 |
57,126 |
61,344 |
65,223 |
69,143 |
75,729 |
81,242 |
85,556 |
Gross Market Debt (in USD million) |
33,995 |
34,031 |
33,556 |
39,147 |
43,641 |
44,958 |
45,904 |
46,635 |
47,724 |
50,550 |
49,380 |
50,118 |
Treasury Bills in LL (in USD million) |
29,026 |
31,345 |
32,096 |
32,726 |
36,740 |
40,228 |
42,529 |
46,001 |
48,300 |
50,796 |
56,849 |
58,468 |
Eurobonds (in USD million) |
18,010 |
17,737 |
18,235 |
21,751 |
23,571 |
23,118 |
24,916 |
26,030 |
28,086 |
31,327 |
31,314 |
31,314 |
Debt/GDP ratio*** |
144% |
137% |
134% |
131% |
135% |
138% |
141% |
146% |
150% |
155% |
176% |
286% |
Fiscal deficit or surplus (in USD million) |
-2,960 |
-2,894 |
-2,341 |
-3,925 |
-4,220 |
-3,073 |
-3,952 |
-4,944 |
-3,756 |
-6,246 |
-5,837 |
-2,709 |
Fiscal deficit (surplus)/GDP ratio*** |
-8% |
-8% |
-6% |
-9% |
-9% |
-6% |
-8% |
-10% |
-7% |
-11% |
-11% |
-8% |
Primary fiscal deficit or surplus (in USD million) |
1078 |
1231 |
1661 |
-110 |
-240 |
1307 |
724 |
21 |
1428 |
-636 |
-287 |
-648 |
Total Tax Revenues (in USD million) |
5,962 |
6,620 |
6,557 |
6,758 |
6,711 |
6,891 |
6,853 |
7,030 |
8,213 |
8,468 |
8,315 |
6,948 |
VAT Revenues (in USD million) |
1,920 |
2,119 |
2,189 |
2,173 |
2,187 |
2,190 |
2,095 |
2,145 |
2,306 |
2,548 |
2,161 |
1,237 |
Customs Revenues (in USD million) |
1,764 |
1,859 |
1,445 |
1,493 |
1,431 |
1,355 |
1,369 |
1,404 |
1,435 |
1,343 |
1,194 |
856 |
Telecom Revenues transferred to the MoF (in USD million) |
1,366 |
635 |
1,500 |
1,430 |
1,430 |
2,012 |
1,234 |
1,265 |
1,284 |
1,071 |
947 |
1,237 |
Total Non-tax Revenues transferred to MOF (in USD million) |
2,040 |
1,355 |
2,301 |
2,180 |
2,168 |
2,888 |
2,192 |
2,250 |
2,565 |
2,271 |
2,226 |
2,130 |
Total Expenditures (in USD million) |
11,372 |
10,078 |
10,628 |
10,153 |
10,652 |
12,265 |
12,012 |
12,947 |
14,078 |
16,361 |
15,657 |
11,394 |
Salaries, Wages, Retirement and End of Service Compensations
(USD million) |
3,274 |
3,354 |
3,670 |
4,460 |
4,294 |
4,462 |
4,697 |
4,866 |
5,451 |
6,447 |
6,730 |
6,557 |
Debt servicing (in USD million) |
3,848 |
3,911 |
4,003 |
3,816 |
3,980 |
4,380 |
4,677 |
4,965 |
5,184 |
5,610 |
5,549 |
2,060 |
Transfers to EDL (in USD million) |
1,496 |
1,193 |
1,742 |
2,261 |
2,027 |
2,094 |
1,135 |
927 |
1,328 |
1,756 |
1,505 |
924 |
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*Average rate for
December of each year |
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**The 2020
figures include unpaid Eurobond principals, coupons, and their accrued
interests |
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***Based on World Bank's
GDP estimates |
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