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Economy Lebanon
Flag of Lebanon Lebanon
Population: 3,777,218 (July 2004 est.)
Capital: Beirut
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Tabular Data - The Lebanese Economy

GDP : purchasing power parity - $17.82 billion (2003 est.)
GDP - Real Growth Rate : 3% (2003 est.)
GDP - Per Capita : purchasing power parity - $4,800 (2003 est.)
GDP - Composition By Sector : agriculture: 12%
industry: 21%
services: 67% (2000)
Population Below Poverty Line : 28% (1999 est.)
Inflation Rate (Consumer Prices) : 2.5% (2003 est.)
Labor Force : 1.5 million
note: in addition, there are as many as 1 million foreign workers (2001 est.)
Budget : revenues: $4.414 billion
expenditures: $7.026 billion, including capital expenditures of NA (2003 est.)
Industries : banking; food processing; jewelry; cement; textiles; mineral and chemical products; wood and furniture products; oil refining; metal fabricating
Electricity - Production : 6.728 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 97.2%
hydro: 2.8%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 7.44 billion kWh (2001)
Electricity - Imports : 1.183 billion kWh (2001)
Agriculture - Products : citrus, grapes, tomatoes, apples, vegetables, potatoes, olives, tobacco; sheep, goats
Exports : $1.359 billion f.o.b. (2003 est.)
Exports - Commodities : authentic jewelry, inorganic chemicals, miscellaneous consumer goods, fruit, tobacco, construction minerals, electric power machinery and switchgear, textile fibers, paper
Exports - Partners : UAE 10.3%, Switzerland 9.3%, Saudi Arabia 7.7%, US 7.5%, Turkey 4.6%, Jordan 4.5% (2003 est.)
Imports : $6.073 billion f.o.b. (2003 est.)
Imports - Commodities : petroleum products, cars, medicinal products, clothing, meat and live animals, consumer goods, paper, textile fabrics, tobacco
Imports - Partners : France 13.1%, Germany 11.4%, Italy 10.5%, Syria 5.2%, China 5.1%, UK 4.8%, US 4.4% (2003 est.)
Debt - External : $20.79 billion (2003 est.)
Economic Aid - Recipient : $3.5 billion (pledges 1997-2001); $4.2 billion in soft loan pledges November 2002 Paris II Aid Conference (2002)
Currency : Lebanese pound (LBP)
Currency Code : LBP
Exchange Rates : Lebanese pounds per US dollar - 1,507.5 (2003), 1,507.5 (2002), 1,507.5 (2001), 1,507.5 (2000), 1,507.84 (1999)
Fiscal Year : Calendar Year

Country References
Country profile data for Lebanon

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Data Source: Central Intelligence Agency 2004 World Factbook