It is classified as a developing, lower-middle-income economy. The nominal GDP was estimated at $19 billion in 2020, with a per capita GDP amounting to $2,500.

The Lebanese economy was characterized by a minimum of government intervention in private enterprise combined with an income- and profit-tax-free environment.

The Lebanese economy is based primarily on the service sector, which accounts for approximately 60% of GDP (down from approximately 70%. in the 1970's). Major ...

Nominal GDP plummeted from close to US$52 billion in 2019 to an estimated US$23.1 billion in 2021. The protracted economic contraction has led to a marked ...

Since 2019, Lebanon has experienced one of the worst economic meltdowns in recent history. GDP has collapsed close to 40% in real terms, while the local ...

Lebanon's financial sector accumulated more than $72 billion in U.S. dollar (USD) losses since the 2019 economic crisis. As a result, Lebanese depositors face ...

The Gross Domestic Product (GDP) in Lebanon was worth 17.94 billion US dollars in 2023, according to official data from the World Bank.

Lebanon's economic freedom score is 48.3, making its economy the 154th freest in the 2024 Index of Economic Freedom. Its rating has increased by 2.7 points ...

Lebanon witnessed a growth spurt between 2007 and 2010, during which real GDP growth averaged around 8 percent. More than 28 percent of the population lives on ...

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