Cost of food in Lebanon increased 9.77 percent in December of 2019 over the same month in the previous year. Food Inflation in Lebanon averaged 3.31 percent from 2009 until 2019, reaching an all time high of 15.08 percent in January of 2009 and a record low of -3.30 percent in October of 2009. This page provides - Lebanon Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Lebanon increased 2.71 percent in December of 2019 over the previous month. Inflation Rate Mom in Lebanon averaged 0.22 percent from 2013 until 2019, reaching an all time high of 2.71 percent in December of 2019 and a record low of -2.18 percent in January of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Lebanon Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lebanon recorded a Government Budget deficit equal to 11.40 percent of the country's Gross Domestic Product in 2019. Government Budget in Lebanon averaged -8.64 percent of GDP from 2010 until 2019, reaching an all time high of -5.92 percent of GDP in 2011 and a record low of -11.40 percent of GDP in 2019. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Lebanon Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Lebanon was estimated at 6.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Lebanon had a population of 1.8 million people. The population of Lebanon represents 0.06 percent of the world´s total population which arguably means that one person in every 1637 people on the planet is a resident of Lebanon. This page provides - Lebanon Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lebanon recorded a government budget deficit of 1259434 LBP Million in December of 2019. Government Budget Value in Lebanon averaged -275511.86 LBP Million from 1998 until 2019, reaching an all time high of 829967 LBP Million in May of 2017 and a record low of -1662466 LBP Million in November of 2018. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Lebanon Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Electricity Production in Lebanon decreased to 1113 Gigawatt-hour in January from 1141 Gigawatt-hour in December of 2019. Electricity Production in Lebanon averaged 874.69 Gigawatt-hour from 1993 until 2020, reaching an all time high of 1528 Gigawatt-hour in July of 2017 and a record low of 277 Gigawatt-hour in September of 1994. This page provides - Lebanon Electricity Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Lebanon increased to 118 points in January from 115.54 points in December of 2019. Consumer Price Index CPI in Lebanon averaged 95.06 points from 2008 until 2020, reaching an all time high of 118 points in January of 2020 and a record low of 76.72 points in January of 2008. In Lebanon, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Lebanon Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Lebanon was recorded at 10.04 percent in January of 2020. Inflation Rate in Lebanon averaged 2.74 percent from 2008 until 2020, reaching an all time high of 11.10 percent in October of 2012 and a record low of -4.67 percent in September of 2015. In Lebanon, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (28.5 percent of the total weight) and food and non-alcoholic beverages (20.6 percent of the total weight) and transport (13.1 percent). The index also includes: health (7.8 percent); education (5.9 percent); clothing and footwear (5.4 percent) and communication (4.6 percent). Furnishings, alcoholic beverages and tobacco, recreation and cultural activities, hotels, restaurants and other goods and services account for the remaining 14 percent of total weight. This page provides the latest reported value for - Lebanon Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Lebanon recorded a capital and financial account surplus of 535.90 USD Million in the third quarter of 2019. Capital Flows in Lebanon averaged 1915.97 USD Million from 2003 until 2019, reaching an all time high of 5755.80 USD Million in the second quarter of 2005 and a record low of -2085.70 USD Million in the first quarter of 2005. In Lebanon, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - Lebanon Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Pmi in Lebanon decreased to 30.90 points in April from 35 points in March of 2020. Manufacturing Pmi in Lebanon averaged 46.35 points from 2013 until 2020, reaching an all time high of 49.50 points in November of 2014 and a record low of 30.90 points in April of 2020. In Lebanon, the BLOM Lebanon Purchasing Managers’ Index measures the performance of private sector and is derived from a survey of 450 companies, including manufacturing, services, construction and retail. The PMI is a composite index, calculated as a weighted average of five individual sub-components: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). Reading above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. . This page provides - Lebanon Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Lebanon increased to 13212.60 LBP Billion in March from 11972.40 LBP Billion in February of 2020. Money Supply M0 in Lebanon averaged 1576.83 LBP Billion from 1975 until 2020, reaching an all time high of 13212.60 LBP Billion in March of 2020 and a record low of 2.24 LBP Billion in December of 1975. Lebanon Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Lebanon Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Lebanon increased to 59697 LBP Billion in March from 59676.60 LBP Billion in February of 2020. Money Supply M2 in Lebanon averaged 25817.06 LBP Billion from 1975 until 2020, reaching an all time high of 83694.40 LBP Billion in August of 2017 and a record low of 8.57 LBP Billion in December of 1975. Lebanon Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Lebanon Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Lebanon decreased to 196483 LBP Billion in March from 197405 LBP Billion in February of 2020. Money Supply M3 in Lebanon averaged 67040.89 LBP Billion from 1975 until 2020, reaching an all time high of 213088 LBP Billion in September of 2018 and a record low of 10.65 LBP Billion in December of 1975. Lebanon Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Lebanon Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Lebanon increased to 34068.30 USD Million in February from 33946.90 USD Million in January of 2020. External Debt in Lebanon averaged 16989.86 USD Million from 1993 until 2020, reaching an all time high of 35694.20 USD Million in May of 2018 and a record low of 315 USD Million in July of 1994. In Lebanon, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Lebanon External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Lebanon increased to 343.28 USD Million in February from 333.09 USD Million in January of 2020. Exports in Lebanon averaged 187.45 USD Million from 1993 until 2020, reaching an all time high of 487.12 USD Million in December of 2010 and a record low of 26.69 USD Million in January of 1993. Lebanon mainly exports precious stones, metals, electrical equipment, chemical products, food and beverages, and paper. Lebanon’s main exports partners are South Africa, Switzerland, Saudi Arabia, Turkey, the United Arab Emirates, Iraq and Belgium. This page provides - Lebanon Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Lebanon increased to 21936.40 LBP Billion in March from 19549.20 LBP Billion in February of 2020. Money Supply M1 in Lebanon averaged 2558.93 LBP Billion from 1964 until 2020, reaching an all time high of 21936.40 LBP Billion in March of 2020 and a record low of 1.53 LBP Billion in February of 1967. This page provides - Lebanon Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Lebanon decreased to 951.12 USD Million in February from 1153.57 USD Million in January of 2020. Imports in Lebanon averaged 1068.05 USD Million from 1993 until 2020, reaching an all time high of 5825.86 USD Million in December of 2017 and a record low of 268.55 USD Million in August of 2006. Lebanon mainly imports oil, electrical equipment, precious stones, metals, chemical products, base metals, vehicles, food and beverages, vegetable products and animal products. Lebanon’s main imports partners are Italy, China, France, the United States, Germany, Egypt, Switzerland and Turkey. This page provides - Lebanon Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lebanon recorded a trade deficit of 607.84 USD Million in February of 2020. Balance of Trade in Lebanon averaged -880.60 USD Million from 1993 until 2020, reaching an all time high of -182.55 USD Million in August of 2006 and a record low of -5575.08 USD Million in December of 2017. The decades long reconstruction efforts in Lebanon has led to consistent trade deficits. Lebanon mainly exports precious stones, metals, electrical equipment, chemical products, food and beverages, and paper. Lebanon mainly imports oil, electrical equipment, precious stones and metals, chemical products, base metals, vehicles, food and beverages, vegetable products and animal products. Lebanon’s main trading partners are South Africa, Switzerland, Saudi Arabia, Italy, China and France. This page provides - Lebanon Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Lebanon stands at SD with n/a outlook. Moody's credit rating for Lebanon was last set at Ca with stable outlook. Fitch's credit rating for Lebanon was last reported at RD with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Lebanon thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Lebanon as reported by major credit rating agencies.

Government Debt in Lebanon increased to 124464 LBP Billion in February from 123222 LBP Billion in January of 2020. Government Debt in Lebanon averaged 57147.19 LBP Billion from 1993 until 2020, reaching an all time high of 124464 LBP Billion in February of 2020 and a record low of 4974.10 LBP Billion in December of 1993. This page provides - Lebanon Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Lebanon decreased to 314388.60 LBP Billion in March from 317082.90 LBP Billion in February of 2020. Banks Balance Sheet in Lebanon averaged 348180.33 LBP Billion from 2017 until 2020, reaching an all time high of 396176.80 LBP Billion in October of 2019 and a record low of 308104.40 LBP Billion in January of 2017. This page provides - Lebanon Banks Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Lebanon decreased to 64747.90 LBP Billion in March from 65785.70 LBP Billion in February of 2020. Private Sector Credit in Lebanon averaged 80517.04 LBP Billion from 2017 until 2020, reaching an all time high of 86022.70 LBP Billion in December of 2017 and a record low of 64747.90 LBP Billion in March of 2020. This page provides - Lebanon Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans To Banks in Lebanon decreased to 20585.80 LBP Billion in March from 20609.40 LBP Billion in February of 2020. Loans To Banks in Lebanon averaged 2123.03 LBP Billion from 1964 until 2020, reaching an all time high of 53435.40 LBP Billion in February of 2019 and a record low of 0 LBP Billion in February of 1964. This page provides - Lebanon Loans To Banks- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lebanon recorded 809 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Lebanon reported 26 Coronavirus Deaths. This page includes a chart with historical data for Lebanon Coronavirus Cases.

Lebanon recorded 26 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Lebanon reported 809 Coronavirus Cases. This page includes a chart with historical data for Lebanon Coronavirus Deaths.

Lebanon recorded 234 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Lebanon reported 26 Coronavirus Deaths. This page includes a chart with historical data for Lebanon Coronavirus Recovered.

The Gross Domestic Product (GDP) in Lebanon was worth 56.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Lebanon represents 0.05 percent of the world economy. GDP in Lebanon averaged 25.85 USD Billion from 1988 until 2019, reaching an all time high of 56.90 USD Billion in 2019 and a record low of 2.72 USD Billion in 1989. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Lebanon GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lebanon is the 88 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Lebanon averaged 92.44 from 2011 until 2019, reaching an all time high of 113 in 2015 and a record low of 75 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Lebanon Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Lebanon stands at 11 percent. Sales Tax Rate in Lebanon averaged 10.43 percent from 2014 until 2020, reaching an all time high of 11 percent in 2018 and a record low of 10 percent in 2015. In Lebanon, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Lebanon. This page provides - Lebanon Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Lebanon stands at 25.50 percent. Social Security Rate in Lebanon averaged 23.63 percent from 2004 until 2019, reaching an all time high of 25.50 percent in 2019 and a record low of 23.50 percent in 2005. In Lebanon, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Lebanon because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Lebanon Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lebanon recorded a Current Account deficit of 556.80 USD Million in March of 2020. Current Account in Lebanon averaged 27.27 USD Million from 1993 until 2020, reaching an all time high of 1787.80 USD Million in August of 2016 and a record low of -1881.60 USD Million in May of 2019. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Lebanon Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Lebanon increased to 1283024 LBP Million in December from 1132048 LBP Million in November of 2019. Government Revenues in Lebanon averaged 841807.34 LBP Million from 1998 until 2019, reaching an all time high of 2658114 LBP Million in May of 2017 and a record low of 174236 LBP Million in November of 2000. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Lebanon Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline Prices in Lebanon remained unchanged at 0.78 USD/Liter in April from 0.78 USD/Liter in March of 2020. Gasoline Prices in Lebanon averaged 0.82 USD/Liter from 1998 until 2020, reaching an all time high of 1.23 USD/Liter in March of 2013 and a record low of 0.35 USD/Liter in December of 1998. This page provides the latest reported value for - Lebanon Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fiscal Expenditure in Lebanon increased to 2542458 LBP Million in December from 2444598 LBP Million in November of 2019. Fiscal Expenditure in Lebanon averaged 1103023.11 LBP Million from 1998 until 2019, reaching an all time high of 2797788 LBP Million in November of 2018 and a record low of 239680 LBP Million in February of 1998. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Lebanon Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Lebanon increased to 836.80 USD Million in the third quarter of 2019 from 833.30 USD Million in the second quarter of 2019. Remittances in Lebanon averaged 569.21 USD Million from 2003 until 2019, reaching an all time high of 1378.50 USD Million in the fourth quarter of 2004 and a record low of -248.90 USD Million in the third quarter of 2004. In Lebanon, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Lebanon Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central Bank Balance Sheet in Lebanon increased to 220518 LBP Billion in March from 217807 LBP Billion in February of 2020. Central Bank Balance Sheet in Lebanon averaged 34755.92 LBP Billion from 1964 until 2020, reaching an all time high of 220518 LBP Billion in March of 2020 and a record low of 0 LBP Billion in February of 1964. This page provides - Lebanon Central Bank Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Lebanon decreased to 3 percent in March from 20 percent in February of 2020. Interbank Rate in Lebanon averaged 8.60 percent from 1972 until 2020, reaching an all time high of 275 percent in May of 1995 and a record low of 0 percent in June of 1972. This page provides - Lebanon Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Beirut hit by another sovereign bond downgrade amid political crisis

Once known for its resilience, the country’s fragile financial system has triggered angry protests

The country is trapped in a full-scale emergency that could unravel social bonds

London-based Ashmore bet heavily on the country’s short-term debt

Finance minister says bail-in may be needed amid severe economic and financial turmoil

International financial support at risk as leading figures fight over economic crisis

A bailout is the Mediterranean country’s only option to refloat its sinking economy

The Imam Al-Mahdi Scouts, which has 45,000 members - boys and girls - is officially recognised by the World Scouting Movement but the group is actually grooming its young recruits.

Usually the kingdom of water tanks and satellite dishes, Lebanon's rooftops have recently been graced by unlikely scenes of locked-down residents fleeing...

In a segment aired on 60 Minutes on Sunday night journalist Tara Brown defended her crew's involvement in the botched child abduction of Sally Faulkner's two child in Beirut, Lebanon.

Tara Brown was even supposed to board a getaway boat with three TV crew members following the abduction of Sally Faulkner's children in Beirut earlier this month.

The Brisbane mother at the centre of the 60 Minutes kidnapping attempt now has no contact with her children. Sally Faulkner's estranged husband has stopped all contact.

It has been confirmed that 60 Minutes presenter Tara Brown will not be attending the event in Melbourne on Sunday night.