GDP in Lebanon

Lebanon GDP | Economic News & Forecasts

Lebanon - GDP

Economic conditions remained grim in the third quarter, with the PMI decreasing through August amid ongoing currency depreciation, political instability and acute shortages of fuel and other basic goods. That said, stronger tourism and economic recoveries abroad should have provided some support. To help alleviate the burden from the punishing energy crisis, Jordan has recently discussed ways to expedite gas delivery to Lebanon. Moreover, after over a year without a fully functioning administration, a new government was announced in mid-September. Since then, Prime Minister Najib Mikati has resumed talks with the IMF over much-needed financial aid. However, international financial support remains largely conditional on reforms.

Lebanon - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)0.4  1.6  0.9  -1.9  -5.6  

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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

Value Change Date
Exchange Rate1,5130.0 %Dec 31

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