Current Account in Lebanon

Lebanon Current Account | Economic News & Forecasts

Lebanon - Current Account

As anxiety spikes over Lebanon’s economic and financial situation, both Moody’s and Fitch Ratings downgraded the country’s outlook to negative in December. Recent data remains underwhelming amid prolonged political impasse. Seven months after the general elections, cabinet posts remain unfilled and a swift resolution to the stalemate is necessary to kickstart the economy and unlock donor funds, especially pertinent given the high public debt and large twin deficits. In the third quarter, construction permits and cement deliveries decreased sharply, while the trade deficit widened and the money supply continued to contract noticeably. Moreover, although the trade deficit narrowed year-on-year in October, construction permits and cement deliveries dropped and the money supply fell yet again in the same month.

Lebanon - Current Account Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Lebanon Current Account Chart


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

Lebanon Facts

ValueChangeDate
Exchange Rate1,5090.0 %Jan 16
Stock Market9630.37 %Jan 16

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free 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.

Sign Up

Economic News

    Search form