I want to
apply for IDAL’s incentives
know if I qualify for IDAL’s incentives
know what are the steps to open a business
know what are the licenses and permits needed to open a business
know more about Investment Opportunities in Lebanon
access Global Bids
operate in Lebanon
Lebanon In Figures
GOVERNMENT
  • Capital
    Beirut
 
  • Area
    10,452 km2
 
  • Form of Government
    Parliamentary Democracy
 
  • Head of State
    To be elected
 
  • Head of Government
    Tammam Salam
 
  • Speaker of Parliament
    Nabih Berri 
 
  • Official Languages
    Arabic
 
  • Currency
    Lebanese Pounds
    USD 1 ≈  LBP 1507
LEBANON MAP
GEOGRAPHY
SOCIO - DEMOGRAPHICS
ECONOMY
  • Governorates
    Bekaa - Beirut - Mount Lebanon - South Lebanon - Nabatiyeh - North Lebanon

  • Time Zone
    EET (UTC+2)
    Summer (DST)
    EEST (UTC+3)
 
  • Main Cities
    Beirut - Baabda - Saida -  Baalbek - Zahle - Tripoli - Nabatiyeh
  • Population (2014)
    4.510 million
 
  • Density (2012)
    444.6/km2
 
  • Labor force (2011)
    1.6 million
 
  • Urban Population (2012)
    87% of total
 
  • Human Development Index (2013)
    0.765

  • Percentage of Tertiary Education (2013)
    48%

  • Unemployment Rate (2013)
    13%

 

 

Source: International Monetary Fund (IMF), World Bank, Central Administration for Statistics (CAS), UNDP, ESCWA

  • GDP at current prices (2014)
    USD 49.9 billion
 
  • GDP/Capita (2014)
    USD 11,067
 
  • Real GDP growth (2014)
    2.0%
 
  • GDP composition by sector (2011)
    Commercial Trade and Motor Vehicle Repairs (16%)
    Real Estate (14%)
    Education, Health, Social care and Personal & Community Services (12%)
    Manufacturing, Mining ,Quarrying and utilities (10%)
    Public Administration (9%)
    Transport, Hotels & Restaurants, Information and Communication (9%)
    Taxes (8%)
    Professional and Administrative Services (7%)
    Financial Services (7%)
    Construction (4%)
    Agriculture and Livestock (4%)  

  • Average Inflation Rate (2014)
    1.9%

  • Current Account balance (2014)
    -24.9% of GDP
 
  • Balance of Payments  (2014)
    USD -1,408 million
 
  • Domestic credit to private sector  (2013)
    109% of GDP
 
  • Corporate tax rate
    15%
 
  • Main Import Partners (2014)
    China - Italy - France - USA - Germany - Greece - Russian Federation
     
  • Main Export Partners (2014)
    Saudi Arabia - UAE - South Africa - Iraq - Syria - Jordan - Turkey
 
  • FDI inflows (2013)
    USD 2.83 billion
 
  • Airport passengers  (2014)
    6.6 million

 

 

Source: International Monetary Fund (IMF), World Bank, BDL, Central Administration for Statistics (CAS), Ministry of Economy and Trade, Lebanese Customs Administration