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Lebanon - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
22.203  
23.327  
Real GDP growth (constant prices)
0.0 % 
3.0 %
GDP per capita (USD)
5828.710  
6003.635  
Inflation rate
2.0 % 
2.0 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 18.4   19.9   21.8  
Real GDP growth (constant prices) 2.9 % 4.9 % 6.3 %
GDP per capita (USD) 4006   4151   4358  
Inflation rate .. % .. % .. %
Unemployment rate ..   ..   ..  
External debt (USD billion) 17   19   ..  
Lebanon Pound rate on 12/31 (1 US$)   1554.5   1555.1   1548.4  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 11.7%   12.2%   12.9%  
Industry and mining 21.0%   20.0%     19.1%  
Services 67.3%   67.7%     68.1%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 257   358   288   102 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 6.4   7.2   8.8  
Export of goods (f.o.b) 1.4   1.8   2.6  
Trade balance ..   ..   ..  
Balance of payments -3.3   -4.0   -4.1  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 51.8%   52.4%   54.1%  
Share of imports in GDP 38.7%   39.0%   39.9%  
Share of exports in GDP 13.1%   13.4%   14.1%  
Imports of goods and services (percent change) -3.6%   8.7%   8.2%  
Exports of goods and services (percent change) 11.5%   9.6%   11.8%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     7.2     1.8    
Agricultural raw materials 2%   2%  
Food products 18%   19%  
Hydrocarbons 16%   0%  
Manufactured products (chemicals, machines,...) 62%   68%  
Ores and metals 2%   10%  
Other goods 0%   1%  


2003 Imports Exports
Total Trade in Services (USD billion): 0   2  
Transport ..   ..  
Tourisme ..   ..  
Other services (insurance, financial services, telecommunications,...) ..   ..  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Switzerland   24.9%  
Iraq   8%  
United Arab Emirates   6.8%  
Saudi Arabia   6.8%  
Syria   6.5%  

Main suppliers
(% of imports)
2004
Italy   9.4%  
Germany   8.1%  
France   8.1%  
China   7.4%  
USA   6%  
Source : COMTRADE


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Last modified in October 2005
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