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DispatchFactbookEconomy

by An ioslainnd. . 40 reads.

Economy - Lebanon

Economy of Iceland - Efnahagur Íslands

Beirut, the Financial Center of Lebanon.

Currency
Lebanese Pound (LBP)

Fiscal year
Calendar Year

Trade organizations
CAEU, MECO

Country group
Upper-middle income economy

Statistics

GDP
US$56.372 Billion (2017 est.)

GDP Growth
1%

GDP Per Capita
US$9,251 (2017 est.)

Inflation (CPI)
9%

Population below
poverty line
27.4%

Gini coefficient
31.8 (2015)

Unemployment
▼ 6.2%

External

Exports
US$5.1 Billion (2017)

Export goods
jewelry, base metals, chemicals, consumer goods,
fruit and vegetables, tobacco, construction minerals,
electric power machinery and switchgear, textile fibers, paper

Main export partners
China 13%
United Arab Emirates 9.9%
South Africa 7.5%
Saudi Arabia 6.5%
Iraq 5.8%

Imports
US$18.34 Billion (2017)

Import goods
petroleum products, cars, medicinal products, clothing
meat and live animals, consumer goods, paper, textile fabrics,
tobacco, electrical machinery and equipment, chemicals

Main import partners
China 10.2%
Italy 8.9%
Germany 6.6%
United States 6.3%

Public finances

Public Debt
74.5% of GDP (2017)

Revenues
11.62 Billion

Expenses
15.38 Billion

Economic Aid
donor: ODA, $20 Million (2016)

Crediting rating
B (Domestic)
A+ (Foreign)

Foreign reserves
US$55.42 Billion

Taxation

Tax Rate
15%

Corporate Tax
20%

Sales Tax
5%

An ioslainnd

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