Current Account in Lebanon
Lebanon - Current Account
Available data suggests that economic momentum has been tepid so far this year. In January and February, the coincident indicator—which measures economic activity—averaged lower than in Q4 2018, while credit to the private sector declined and the construction sector remained weak, as shown by annual falls in building permits and cement sales. Moreover, passenger arrivals through Beirut International Airport have been soft, suggesting the tourism sector is struggling. On the political front, discussions are under way over the 2019 budget, which will be a vital gauge of the government’s commitment to fiscal reform. However, the austerity measures required to put the public finances on an even keel could cause social unrest; small protests in recent weeks could be a sign of things to come.Lebanon - Current Account Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Current Account (% of GDP) | -26.7 | -28.1 | -19.6 | -23.3 | - |
Lebanon Current Account Chart
Source: IMF.
Lebanon Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1,508 | 0.0 % | May 13 |
| Stock Market | 870 | 0.37 % | May 13 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
© Copyright: 2019 | Lebanon Current Account | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
