|
Macroeconomic Indicators
|
|
|
|
|
Gross Domestic Product-GDP (US$ billion)
|
22.4
|
25.0
|
28.9
|
|
Real GDP growth rate
|
0.6%
|
7.5%
|
8.5%
|
|
GDP per capita, current prices (US$)
|
5,517
|
6,097
|
6,980
|
|
Agriculture, value added (% GDP)
|
6%
|
6%
|
5%
|
|
Industry, value added (% GDP)
|
23%
|
24%
|
22%
|
|
Services, etc., value added (%GDP)
|
71%
|
70%
|
73%
|
|
FDI (% GDP)
|
10.40%
|
13.95%
|
11.10%
|
|
Gross Capital Formation (% GDP)
|
22%
|
18%
|
20%
|
|
Agriculture
|
|
|
|
|
Agricultural exports (US$ million)
|
104
|
134
|
166
|
|
Banks credits to agriculture (variation in US$ million)
|
-10
|
22
|
46
|
|
Agricultural exports/total exports
|
4.6%
|
4.8%
|
4.8%
|
|
Industry
|
|
|
|
|
Industrial exports (US$ million)
|
2,178
|
2,682
|
3,312
|
|
Banks credits to industry (variation in US$ million)
|
21
|
393
|
741
|
|
Industrial exports/Total exports
|
95.4%
|
95.2%
|
95.2%
|
|
Imports of industrial machinery (US$ million)
|
130
|
163
|
188
|
|
Tourism
|
|
|
|
|
Number of tourists
|
1,062,635
|
1,017,072
|
1,332,551
|
|
Hotel occupancy rate (general average)
|
50%
|
38%
|
57%
|
|
Total spending in hotels (US$ million)
|
69
|
59
|
87
|
|
Construction
|
|
|
|
|
Construction permits (‘000 sqm)
|
8,693
|
9,038
|
11,772
|
|
Value of property transactions (LP billion)
|
4,733
|
6,329
|
9,770
|
|
Number of property transactions
|
127,016
|
154,158
|
167,054
|
|
Banks credits to construction (variation in US$ million)
|
74
|
292
|
265
|
|
Cement deliveries (‘000 tons)
|
3,423
|
3,945
|
4,219
|
|
Transport
|
|
|
|
|
Beirut Port Activity
|
|
|
|
|
Number of ships
|
1,832
|
2,187
|
2,055
|
|
Number of containers
|
339,174
|
444,165
|
491,300
|
|
Merchandise (‘000 tons)
|
4,227
|
5,318
|
5,700
|
|
Beirut Aeroport Activity
|
|
|
|
|
Number of planes
|
32,980
|
39,052
|
45,278
|
|
Number of passengers (‘000)
|
2,740
|
3,441
|
4,040
|
|
Energy
|
|
|
|
|
Electricity generated (million Kwh)
|
10,214
|
10,548
|
11,189
|
|
Oil imports (‘000 metric tons)
|
4,123
|
3,560
|
4,060
|
|
Foreign Trade (US$ million)
|
|
|
|
|
Imports
|
9,398
|
11,815
|
16,137
|
|
Exports
|
2,282
|
2,816
|
3,478
|
|
Exports to main trade partners
|
|
|
|
|
UAE
|
7.7%
|
8.7%
|
10.0%
|
|
Switzerland
|
19.8%
|
10.9%
|
9.5%
|
|
Iraq
|
6.0%
|
5.3%
|
7.7%
|
|
Syria
|
7.7%
|
7.5%
|
6.4%
|
|
Saudi Arabia
|
6.4%
|
6.6%
|
6.0%
|
|
Imports from main trade partners
|
|
|
|
|
USA
|
10.8%
|
9.6%
|
11.5%
|
|
China
|
8.0%
|
8.6%
|
8.6%
|
|
France
|
8.1%
|
7.5%
|
8.3%
|
|
Italy
|
7.6%
|
9.0%
|
6.9%
|
|
Germany
|
7.0%
|
6.4%
|
6.4%
|
|
Main exports
|
|
|
|
|
Jewelry
|
24.3%
|
17.3%
|
16.5%
|
|
Electrical equipment
|
14.6%
|
16.3%
|
15.4%
|
|
Metals and metal products
|
14.1%
|
17.5%
|
15.2%
|
|
Chemical products
|
7.1%
|
8.3%
|
12.5%
|
|
Food products
|
8.2%
|
8.5%
|
8.1%
|
|
Paper and paper products
|
5.9%
|
6.2%
|
5.9%
|
|
Main imports
|
|
|
|
|
Mineral products
|
25.7%
|
22.8%
|
26.5%
|
|
Vehicles
|
8.1%
|
8.4%
|
10.6%
|
|
Electrical equipment
|
11.9%
|
12.1%
|
10.5%
|
|
Metals and metal product
|
7.3%
|
8.2%
|
8.1%
|
|
Chemical products
|
9.5%
|
9.3%
|
8.0%
|
|
Food products
|
5.7%
|
6.4%
|
5.3%
|
|
Balance of Payments (US$ million)
|
|
|
|
|
Trade Balance
|
(7,116)
|
(8,999)
|
(12,659)
|
|
Gross Capital Inflows
|
9,911
|
11,036
|
16,121
|
|
Balance of Payments
|
2,795
|
2,037
|
3,462
|
|
Public Finance (LP billion)
|
|
|
|
|
Government expenditures
|
11,880
|
12,587
|
14,957
|
|
Government revenues
|
7,316
|
8,749
|
10,553
|
|
Public finance deficit
|
4,564
|
3,838
|
4,404
|
|
Gross total debt (LP billion)
|
60,880
|
63,364
|
70,874
|
|
Net total debt (LP billion)
|
56,436
|
58,837
|
62,548
|
|
Monetary Situation (LP billion)
|
|
|
|
|
M1 (currency + LP demand deposits)
|
3,322
|
3,578
|
4,269
|
|
M2 (M1+quasi-money in LP)
|
23,477
|
24,831
|
37,325
|
|
M3 (M2+FX deposits)
|
80,244
|
90,197
|
103,506
|
|
M4 (M3+Tbs public)
|
84,545
|
95,810
|
109,412
|
|
Prices and Wages
|
|
|
|
|
Average Consumer Price Index (in LP)
|
4.1%
|
4.1%
|
10.7%
|
|
Minimum salary (in LP)
|
300,000
|
300,000
|
500,000
|
|
Minimum salary (in US$)
|
199
|
199
|
331.7
|
|
LP/US$ exchange rate (year end)
|
1,507.5
|
1,507.5
|
1,507.5
|
|
LP/US$ exchange rate (yearly average)
|
1,507.5
|
1,507.5
|
1,507.5
|
|
Lebanese Stock Market
|
|
|
|
|
Market capitalization (US$ million)
|
9,182
|
11,977
|
9,323
|
|
Traded volume (US$ million)
|
1,927
|
925
|
1,659
|
|
Number of listed companies
|
16
|
15
|
13
|
|
Number of listed shares (thousands)
|
962,790
|
771,179
|
801,042
|
|
Banking System
|
|
|
|
|
Number of commercial banks
|
54
|
54
|
53
|
|
Number of medium & long term credit banks
|
9
|
12
|
12
|
|
Activity highlights (LP billion)
|
|
|
|
|
Total assets
|
111,964
|
123,999
|
142,090
|
|
Total deposits
|
91,494
|
101,435
|
117,252
|
|
Total credits
|
25,652
|
30,791
|
37,629
|