Labor force | 1.771 million (2023 est.) |
---|---|
Industrial production growth rate | 0.74% (2023 est.) |
Industries | banking, tourism, real estate and construction, food processing, wine, jewelry, cement, textiles, mineral and chemical products, wood and furniture products, oil refining, metal fabricating |
Population below poverty line | |
Taxes and other revenues | 5.68% (of GDP) (2021 est.) |
Fiscal year | |
Exchange rates | |
Currency | Lebanese pounds (LBP) per US dollar - |
Exchange rates 2022 | 1,507.5 (2022 est.) |
Exchange rates 2021 | 1,507.5 (2021 est.) |
Exchange rates 2020 | 1,507.5 (2020 est.) |
Exchange rates 2019 | 1,507.5 (2019 est.) |
Exchange rates 2018 | 1,507.5 (2018 est.) |
Debt - external | |
Debt - external 2022 | $38.856 billion (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2022 | $32.513 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $35.239 billion (2021 est.) |
Reserves of foreign exchange and gold 2020 | $42.44 billion (2020 est.) |
Current account balance | |
Current account balance 2023 | -$5.643 billion (2023 est.) |
Current account balance 2022 | -$7.265 billion (2022 est.) |
Current account balance 2021 | -$4.556 billion (2021 est.) |
Public debt | |
Public debt 2017 | 146.8% of GDP (2017 est.) |
Budget | |
Revenues | $12.73 billion (2021 est.) |
Expenditures | $11.356 billion (2021 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 35.51% of GDP (2023 est.) |
Remittances 2022 | 30.66% of GDP (2022 est.) |
Remittances 2021 | 27.47% of GDP (2021 est.) |
Average household expenditures | |
On food | 20.7% of household expenditures (2022 est.) |
On alcohol and tobacco | 1.1% of household expenditures (2022 est.) |
Imports | |
Imports 2023 | $23.313 billion (2023 est.) |
Imports 2022 | $24.536 billion (2022 est.) |
Imports 2021 | $17.667 billion (2021 est.) |
Imports (partners) | China 14%, Turkey 13%, Greece 9%, UAE 7%, Italy 5% (2022) |
Comodities Imports force | refined petroleum, cars, gold, broadcasting equipment, diamonds (2022) |
Exports | |
Imports 2023 | $23.313 billion (2023 est.) |
Imports 2022 | $24.536 billion (2022 est.) |
Imports 2021 | $17.667 billion (2021 est.) |
Exports (partners) | UAE 22%, Syria 8%, Egypt 5%, US 5%, Turkey 4% (2022) |
Comodities Exports force | diamonds, plastics, jewelry, gold, scrap iron (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $65.818 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $65.917 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $66.329 billion (2021 est.) |
GDP (official exchange rate) | $17.937 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $12,300 (2023 est.) |
Real GDP per capita 2022 | $12,000 (2022 est.) |
Real GDP per capita 2021 | $11,900 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 1.1% (2023 est.) |
Industry | 2.4% (2023 est.) |
Services | 47.7% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 129.7% (2023 est.) |
Government consumption | 5.8% (2023 est.) |
Investment in fixed capital | 0.9% (2023 est.) |
Exports of goods and services | 46.1% (2023 est.) |
Imports of goods and services | -82.4% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 11.57% (2023 est.) |
Unemployment rate 2022 | 11.6% (2022 est.) |
Unemployment rate 2021 | 12.62% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 23.7% (2023 est.) |
Male | 24.6% (2023 est.) |
Female | 22% (2023 est.) |
Want to know more about Lebanon? Check all different factbooks for Lebanon below.