Lebanon | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 6.40 6.8 6.8 6.8 6.8 6.7 percent [+]
Inflation Rate 1.78 1.9 2.2 2 2.3 2.5 percent [+]
Interest Rate 10.00 8 8 8 8 8 percent [+]
Balance of Trade -1222.52 -1500 -1500 -1305 -1800 -1700 USD Million [+]
Government Debt to GDP 139.00 141 141 141 141 142 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 1505.20 1540 1550 1570 1580 1810 [+]
Stock Market 1206.37 1190 1180 1170 1160 973 points [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 1.00 1.2 1.5 1.7 1.9 4.6 percent [+]
GDP 47.10 47.03 47.44 47.85 48.26 51.01 USD Billion [+]
GDP Constant Prices 51664436.99 50952684 51159449 51366214 51572980 50972085 LBP Million [+]
GDP per capita 7045.50 7076 6917 6758 6599 7115 USD [+]
GDP per capita PPP 13089.01 12800 12800 12800 12800 14063 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 6.40 6.8 6.8 6.8 6.8 6.7 percent [+]
Population 4.65 4.59 4.63 4.67 4.71 4.94 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.78 1.9 2.2 2 2.3 2.5 percent [+]
Consumer Price Index CPI 98.32 97.47 97.55 97.64 97.59 97.6 Index Points [+]
Inflation Rate Mom 0.39 0.25 0.57 0.34 0.45 0.42 percent [+]
Food Inflation -0.57 -0.35 -0.35 -0.34 -0.34 -0.34 percent [+]
Cpi Transportation 87.17 86.24 86.49 86.42 86.43 86.43 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 10.00 8 8 8 8 8 percent [+]
Money Supply M0 4218.70 4374 4453 4532 4610 5523 LBP Billion [+]
Money Supply M1 9620.00 10022 10213 10405 10597 12843 LBP Billion [+]
Money Supply M2 81156.30 81535 81691 81786 81881 82137 LBP Billion [+]
Money Supply M3 194079.00 198272 200637 202940 205201 228791 LBP Billion [+]
Deposit Interest Rate 6.00 6.05 6.06 6.07 6.07 5.98 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -1222.52 -1500 -1500 -1305 -1800 -1700 USD Million [+]
Exports 247.29 261 260 260 260 260 USD Million [+]
Imports 1450.01 1525 1556 1553 1554 1554 USD Million [+]
Current Account -680.20 73.54 214 146 176 166 USD Million [+]
Current Account to GDP -25.00 -20 -20 -18.64 -20 -17 percent [+]
External Debt 29009.00 29534 29817 30091 30358 33057 USD Million [+]
Capital Flows 209.90 1555 1464 1457 1461 1464 USD Million [+]
Remittances 870.80 830 821 822 819 810 USD Million [+]
Gold Reserves 286.83 287 287 287 287 287 Tonnes [+]
Terrorism Index 6.07 6.14 6.09 6.03 5.98 5.89 [+]
Tourist Arrivals 1355.00 1410 1540 1540 1540 1970 Thousand [+]
Foreign Direct Investment 171.19 202 201 202 202 202 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 139.00 141 141 141 141 142 percent [+]
Government Budget 5.35 2.91 1.11 -0.68 -2.48 7.07 percent of GDP [+]
Government Budget Value -681483.00 -387132 -360488 -371004 -367820 -368678 LBP Million [+]
Government Spending 6533697.60 6672239 6540639 6409039 6277440 6278255 LBP Million [+]
Government Revenues 835439.00 1183038 1197827 1184733 1186127 1184204 LBP Million [+]
Fiscal Expenditure 1516922.00 1518079 1522111 1522022 1522937 1522169 LBP Million [+]
Military Expenditure 2236.10 2301 2328 2354 2346 2319 USD Million [+]
Government Debt 97068.00 99525 100922 102310 103691 119710 LBP Billion [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Manufacturing Pmi 47.00 48.7 48.7 46.11 49.2 51 [+]
Ease of Doing Business 126.00 121 122 123 123 119 [+]
Electricity Production 1150.00 1153 1148 1150 1149 1150 Gigawatt-hour [+]
Coincident Index 287.10 304 304 285 305 309 Index Points [+]
Competitiveness Index 3.84 3.83 3.83 3.83 3.83 3.83 Points [+]
Competitiveness Rank 101.00 99.72 99.72 99.72 99.72 95.07 [+]
Corruption Index 28.00 28.22 28.35 28.48 28.6 28.67 Points [+]
Corruption Rank 123.00 126 125 123 122 111 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 44444718.94 41941368 42757107 43572847 44388587 43756568 LBP Million [+]
Gasoline Prices 0.75 0.75 0.75 0.75 0.75 0.75 USD/Liter [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 15.00 15 15 15 15 15 percent [+]
Personal Income Tax Rate 20.00 20 20 20 20 20 percent [+]
Sales Tax Rate 10.00 10 10 10 10 10 percent [+]
Social Security Rate 23.50 23.5 23.5 23.5 23.5 23.5 percent [+]
Social Security Rate For Companies 21.50 21.5 21.5 21.5 21.5 21.5 percent [+]
Social Security Rate For Employees 2.00 2 2 2 2 2 percent [+]





Economic Forecasts for Lebanon including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Lebanon economy. 1/18/2017