GDP in Lebanon

Lebanon GDP | Economic News & Forecasts

Lebanon - GDP

The economy continues to benefit from upbeat sentiment on the political front. Business operating conditions have improved in light of the formation of a new government, with the PMI recording the best reading in a year in January. The Central Bank’s economic coincident indicator, which is meant to emulate GDP growth in the absence of timely national account data, has outperformed its recent historical standards, growing 6.2% in annual terms in November. Nonetheless, the adoption of a new electoral law could prove a stumbling block for new elections due to be held in May. Although hopes were high that lawmakers would find a compromise between a proportional and majority parliamentary system, a recent refusal from some political forces could see the postponement of both the new law and the elections.

Lebanon - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)0.9  2.8  3.0  2.0  -     

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Lebanon GDP Chart

Lebanon GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Administration of Statistics and FocusEconomics calculations.

Lebanon Facts

Exchange Rate1,5090.06 %Feb 16
Stock Market1,2250.46 %Feb 16

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