Economy of Lebanon

Imports
Imports commoditiespetroleum products, cars, medicinal products, clothing, meat and live animals, consumer goods, paper, textile fabrics, tobacco, electrical machinery and equipment, chemicals
Import partnersUS 11.2%, Italy 8.6%, China 8.3%, France 7.2%, Germany 5.6%, Turkey 4.5%, Greece 4.2% (2012)
Exports
Exports commoditiesjewelry, base metals, chemicals, miscellaneous consumer goods, fruit and vegetables, tobacco, construction minerals, electric power machinery and switchgear, textile fibers, paper
Export partnersSouth Africa 19.3%, Switzerland 12.2%, Saudi Arabia 8%, UAE 7.9%, Syria 6.6%, Iraq 4.7% (2012)
Economy sectors
Agriculture productscitrus, grapes, tomatoes, apples, vegetables, potatoes, olives, tobacco; sheep, goats
Industrial productsbanking, tourism, food processing, wine, jewelry, cement, textiles, mineral and chemical products, wood and furniture products, oil refining, metal fabricating
Economy
Unemployment8.90 % (2012)8.90 % (2011)8.90 % (2010)
Unemployment of Lebanon
GDP - Official Exchange Rate43.5 Billion $ (2013)40.8 Billion $ (2012)40.1 Billion $ (2011)
GDP - Official Exchange Rate of Lebanon
GDP growth rate1.50 % (2013)1.50 % (2012)1.50 % (2011)
GDP growth rate of Lebanon
GDP per Capita (PPP)15,800 $ (2013)15,600 $ (2012)15,800 $ (2011)
GDP per Capita (PPP) of Lebanon
GDP - Purchasing Power Parity64.3 Billion $ (2013)62.5 Billion $ (2012)62.4 Billion $ (2011)
GDP - Purchasing Power Parity of Lebanon
GDP PPP per land area6.18 Million $ per square kilometer (2013)6.01 Million $ per square kilometer (2012)6.00 Million $ per square kilometer (2011)
GDP PPP per land area of Lebanon
ElectricityBanking
Central bank discount rate3.50 % (2010)10.0 % (2009)12.0 % (2008)
Central bank discount rate of Lebanon
Commercial bank prime lending rate7.50 % (2013)7.25 % (2012)7.53 % (2011)
Commercial bank prime lending rate of Lebanon
GDP decomposition by sector
Agriculture % of GDP4.60 % (2013)4.60 % (2012)
Industry % of GDP20.0 % (2013)19.6 % (2012)
Services % of GDP75.4 % (2013)75.8 % (2012)
Tourism
International tourism, number of arrivals1.37 Million (2012)1.66 Million (2011)2.17 Million (2010)
International tourism, number of arrivals of Lebanon
Yearly Tourist arrivals to residents ratio33.0 % (2012)39.9 % (2011)49.9 % (2010)
Yearly Tourist arrivals to residents ratio of Lebanon
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)120 % of GDP (2013)120 % of GDP (2012)134 % of GDP (2011)
Public debt (Percentage of GDP) of Lebanon
Current Account Balance (Percentage of GDP)-3.85 % of GDP (2012)-12.12 % of GDP (2011)-19.87 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Lebanon
External Debt Stocks (Percentage of GNI)68.4 % of GNI (2012)62.0 % of GNI (2011)67.2 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Lebanon
Short-term debt (percentage of total external debt)13.6 % of total external debt (2012)13.4 % of total external debt (2011)14.2 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Lebanon
Current Account Balance (Total)-3.22 Billion $ (2013)-1.66 Billion $ (2012)-4.16 Billion $ (2011)
Current Account Balance (Total) of Lebanon
External Debt (Total)26.7 Billion $ (2013)25.2 Billion $ (2012)29.5 Billion $ (2011)
External Debt (Total) of Lebanon
External Debt (Percentage of GDP)61.5 % of GDP (2013)61.7 % of GDP (2012)73.5 % of GDP (2011)
External Debt (Percentage of GDP) of Lebanon
External Debt per Capita6,472 $ (2013)6,077 $ (2012)7,113 $ (2011)
External Debt per Capita of Lebanon