Lebanon Current Account to GDP

Lebanon recorded a Current Account deficit of 16.10 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Lebanon is reported by the World Bank. From 2002 until 2012, Lebanon Current Account to GDP averaged -15.6 Percent reaching an all time high of -5.0 Percent in December of 2006 and a record low of -25.6 Percent in December of 2003. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Lebanon Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-16.10 -9.87 -4.98 -25.59 -21.36 | 2013/12 2002 - 2012 Percent Yearly

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Lebanon Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -1478.94 2014-02-15 -1628.87 -182.55 -2369.73 -1459.53 2014-02-28 USD Million [+]
Capital Flows 1194.60 2013-05-15 -380.00 5755.80 -2085.70 380.46 2013-09-30 USD Million [+]
Current Account 193.70 2014-02-15 -31.30 1610.00 -1188.80 -135.47 2014-02-28 USD Million [+]
Current Account to GDP -16.10 2012-12-31 -9.87 -4.98 -25.59 -21.36 2013-12-31 Percent [+]
Exports 253.06 2014-02-15 243.98 487.13 26.69 257.26 2014-02-28 USD Million [+]
External Debt 26379.00 2014-02-28 26122.00 26411.00 315.00 26401.35 2014-02-28 USD Million [+]
Imports 1732.00 2014-02-15 1872.85 2798.95 268.55 1812.33 2014-02-28 USD Million [+]
Remittances 797.50 2013-05-15 863.70 1378.50 -248.90 618.87 2013-09-30 USD Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


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Lebanon Government Budget Value at -207397.00 LBP Million  
Lebanon recorded a government budget deficit of 207397 LBP Million in December of 2013. Government Budget Value in Lebanon is reported by the Ministry Of Finance, Republic of Lebanon.
Lebanon Government Spending at 8069880.00 LBP Million  
Government Spending in Lebanon increased to 8069880 LBP Million in 2012 from 6760020 LBP Million in 2011. Government Spending in Lebanon is reported by the SESRIC.
Lebanon Imports at 1732.00 USD Million  
Imports in Lebanon decreased to 1732 USD Million in February of 2014 from 1872.85 USD Million in January of 2014. Imports in Lebanon is reported by the Banque du Liban.
Lebanon Money Supply M0 at 3156.59 LBP Billion  
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Lebanon Money Supply M1 at 7522.46 LBP Billion  
Money Supply M1 in Lebanon increased to 7522.46 LBP Billion in February of 2014 from 7480.94 LBP Billion in January of 2014. Money Supply M1 in Lebanon is reported by the Banque Du Liban.
Lebanon Money Supply M2 at 69422.00 LBP Billion  
Money Supply M2 in Lebanon increased to 69422 LBP Billion in February of 2014 from 68948.50 LBP Billion in January of 2014. Money Supply M2 in Lebanon is reported by the Banque Du Liban.
Lebanon Money Supply M3 at 168339.00 LBP Billion  
Money Supply M3 in Lebanon increased to 168339 LBP Billion in February of 2014 from 167232 LBP Billion in January of 2014. Money Supply M3 in Lebanon is reported by the Banque Du Liban.
Lebanon Remittances at 797.50 USD Million  
Remittances in Lebanon decreased to 797.50 USD Million in the second quarter of 2013 from 863.70 USD Million in the first quarter of 2013. Remittances in Lebanon is reported by the Banque du Liban.
Lebanon Balance of Trade at -1478.94 USD Million  
Lebanon recorded a trade deficit of 1478.94 USD Million in February of 2014. Balance of Trade in Lebanon is reported by the Banque du Liban.
Lebanon Capital Flows at 1194.60 USD Million  
Capital Flows in Lebanon increased to 1194.60 USD Million in the second quarter of 2013 from -380 USD Million in the first quarter of 2013. Capital Flows in Lebanon is reported by the Banque Du Liban.
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