Current Account in Lebanon

Lebanon Current Account | Economic News & Forecasts

Lebanon - Current Account

Economic growth likely remained anemic in Q4 2018 as construction permits and cement deliveries decreased. However, the Central Bank’s monthly economic activity index ticked upwards in Q4 compared to Q3. Meanwhile, parliament backed the new government’s mission statement in mid-February and the cabinet reaffirmed its commitment to reforming public finances and the economy. This should prop up investor confidence in the ailing economy and help unlock vast sums of donor funds pledged at a Paris conference last April. Commenting on developments, Moody’s stated in early February that the formation of the government was positive for the country’s credit rating, although downside risks remain abound.

Lebanon - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-26.7  -28.1  -19.6  -23.3  -     

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Lebanon Current Account Chart


Lebanon Current Account
Note: Current account balance as % of GDP.
Source: IMF.

Lebanon Facts

ValueChangeDate
Exchange Rate1,5080.0 %Mar 11
Stock Market9760.37 %Mar 11

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