|
|
Statistical Data
Population: 4,300,000 (Yr. 2000)
Age distribution:
|
Age Bracket
|
%
|
| 0-4 years |
12.3
|
| 5-14 years |
21.8
|
| 15-24 years |
20.0
|
| 25-59 years |
32.1
|
| 60-64 years |
8.3
|
| 65 + years |
5.5
|
(Source: Ministry of Social Affairs & the U.N. Population Fund.)
| Geography |
|
| Surface (in sq. km) |
10,452 |
| Coast length (in km) |
210 |
| Maximum Altitude (in m) |
3,083 |
| Average temperature (in centigrade) |
20.7 |
| Rainfall (in mm per year) |
893 |
| Number of rainy days per year |
78 |
| Humidity rate |
68% |
|
|
| Demography |
|
| Population (in millions) |
4.3 |
| Population growth rate |
1.6% |
| Population density (per sq. km) |
306 |
| Urban population |
87% |
| Active labor force (in millions) |
1.22 |
| Life expectancy at birth (years) |
69 |
| Infant mortality rate |
40/1,000 |
| Human Development Index (UNDP) |
0.79 |
|
|
| Education |
|
| Adult literacy rate |
91% |
| Male |
92% |
| Female |
90% |
|
|
| Infrastructure |
|
| Roads (paved): |
7,200 km |
| Railways: |
Non functional |
|
|
| Airport: |
Beirut Int'l Airport |
|
|
| Ports: |
Beirut (Principal) |
|
Tripoli (North) |
|
Jounieh (Keserwan) |
|
Saida (South) |
|
|
| General |
|
| Currency: |
Lebanese Pound (LBP) |
| Language: |
Arabic (Official) |
|
English |
|
French |
|
Armenian |
|
|
| Business Hours |
|
| Government: |
8:00 AM - 2:00 PM - Mon to Thu |
|
8:00 AM - 11:00 AM - Fri |
|
8:00 AM - 1:00 PM - Sat |
|
|
| Banks' Counters: |
8:30 AM - 12:30 PM - Mon to Fri |
|
8:30 AM - 12:00 PM - Sat |
|
1998
|
|
1999
|
|
2000
|
| Macroeconomic indicators |
|
|
|
|
|
| GDP (US$ million) |
16,167 |
|
16,400 |
|
16,641 |
| Real GDP growth rate |
3.00% |
|
1.00% |
|
0.00% |
| GDP deflator |
4.00% |
|
0.30% |
|
1.30% |
| GDP per capita |
4,900 |
|
5,000 |
|
5,000 |
|
|
|
|
|
|
| Agriculture |
1998
|
|
1999 |
|
2000 |
| Agricultural exports (US$ million) |
70 |
|
63 |
|
62 |
| Banks credits to agriculture ($ million) |
46 |
|
33 |
|
16 |
| Agricultural exports/total exports |
10.60% |
|
9.30% |
|
8.60% |
|
|
|
|
|
|
| Industry |
1998
|
|
1999 |
|
2000 |
| Industrial exports (US$ million) |
591 |
|
614 |
|
652 |
| Banks credits to industry (US$ million) |
207 |
|
149 |
|
72 |
| Industrial exports/total exports |
89.40% |
|
90.70% |
|
90.90% |
| Industrial machinery imports ($ million) |
171 |
|
113 |
|
94 |
|
|
|
|
|
|
| Total Number of new factories |
451 |
|
526 |
|
418 |
| Mineral products |
98 |
|
131 |
|
106 |
| Food products |
113 |
|
117 |
|
98 |
| Wood & furniture |
56 |
|
84 |
|
57 |
| Others |
25 |
|
19 |
|
41 |
| Chemical products |
43 |
|
37 |
|
29 |
| Textile & clothes |
22 |
|
37 |
|
21 |
| Non mineral products |
23 |
|
40 |
|
17 |
| Jewelry |
18 |
|
10 |
|
14 |
| Machines |
25 |
|
29 |
|
14 |
| Paper products |
16 |
|
12 |
|
13 |
| Tanned leather |
12 |
|
6 |
|
8 |
|
|
|
|
|
|
| Newly created jobs |
3,654 |
|
3,886 |
|
3,762 |
| New capital (LBP million) |
192,909 |
|
128,194 |
|
104,796 |
|
|
|
|
|
|
| Construction |
1998
|
|
1999 |
|
2000 |
| Construction permits ( ' 000 sqm) |
9,834 |
|
8,424 |
|
6,857 |
| Beirut |
599 |
|
725 |
|
489 |
| Mount Lebanon |
5,124 |
|
3,805 |
|
2,953 |
| North |
1,850 |
|
1,666 |
|
1,505 |
| South |
1,390 |
|
1,373 |
|
1,214 |
| Bekaa |
871 |
|
855 |
|
697 |
|
|
|
|
|
|
| Transport |
1998
|
|
1999 |
|
2000 |
| Beirut Port activity |
|
|
|
|
|
| Number of ships |
2,840 |
|
2,812 |
|
2,552 |
| Number of containers |
135,437 |
|
102,215 |
|
102,038 |
| Merchandise ('000 tons) |
5,565 |
|
5,550 |
|
4,834 |
|
|
|
|
|
|
| Beirut Airport activity |
|
|
|
|
|
| Number of planes |
25,010 |
|
27,878 |
|
29,707 |
| Number of passengers ('000) |
1,996 |
|
2,111 |
|
2,245 |
|
|
|
|
|
|
| Energy |
1998
|
|
1999 |
|
2000 |
| Electricity generated (million Kwh) |
8,988 |
|
9,025 |
|
9,111 |
| Oil imports (‘000 metric tons) |
4,636 |
|
4,962 |
|
4,392 |
|
|
|
|
|
|
| Foreign trade (US$ million) |
1998
|
|
1999 |
|
2000 |
| Imports |
7,060 |
|
6,206 |
|
6,228 |
| Exports |
661 |
|
677 |
|
714 |
| Trade Balance |
-6,399 |
|
-5,529 |
|
-5,514 |
| Exports/Imports |
10.10% |
|
10.90% |
|
11.50% |
|
|
|
|
|
|
| Exports to main trade partners |
1998
|
|
1999 |
|
2000 |
| Saudi Arabia |
13.20% |
|
10.50% |
|
10.90% |
| U.A.E |
9.10% |
|
8.00% |
|
10.50% |
| U.S |
6.80% |
|
6.20% |
|
6.40% |
| France |
7.00% |
|
7.70% |
|
5.20% |
| Syria |
7.00% |
|
4.70% |
|
3.60% |
|
|
|
|
|
|
| Imports from main trade partners |
1998
|
|
1999 |
|
2000 |
| Italy |
11.50% |
|
10.90% |
|
10.90% |
| France |
9.70% |
|
9.60% |
|
8.50% |
| Germany |
8.70% |
|
8.90% |
|
8.40% |
| U.S |
9.30% |
|
8.10% |
|
7.30% |
| Switzerland |
6.30% |
|
7.10% |
|
6.90% |
|
|
|
|
|
|
| Main exports |
1998
|
|
1999 |
|
2000 |
| Jewelry |
10.40% |
|
14.20% |
|
17.80% |
| Chemical products |
13.20% |
|
12.60% |
|
12.30% |
| Electrical equipment |
9.50% |
|
10.80% |
|
10.50% |
| Food products |
10.70% |
|
10.90% |
|
10.10% |
| Metals and metal products |
10.30% |
|
11.70% |
|
8.80% |
| Paper and paper products |
8.00% |
|
8.00% |
|
7.40% |
|
|
|
|
|
|
| Main imports |
1998
|
|
1999 |
|
2000 |
| Mineral products |
7.90% |
|
9.90% |
|
17.60% |
| Electrical equipment |
16.10% |
|
14.70% |
|
12.90% |
| Vehicles |
9.70% |
|
9.90% |
|
8.90% |
| Chemical products |
8.00% |
|
9.30% |
|
8.40% |
| Metals and metal products |
7.80% |
|
7.80% |
|
7.80% |
| Food products |
8.40% |
|
7.50% |
|
6.70% |
|
|
|
|
|
|
| Balance of Payments (US$ million) |
1998
|
|
1999 |
|
2000 |
| Trade balance |
-6,399 |
|
-5,529 |
|
-5,514 |
| Gross capital inflows |
5,912 |
|
5,795 |
|
5,225 |
| Change in bank’s net foreign assets |
-966 |
|
-1,084 |
|
1,417 |
| Change in BDL net foreign assets |
479 |
|
1,350 |
|
-1,706 |
| Balance of Payments |
-487 |
|
266 |
|
-289 |
|
|
|
|
|
|
| Public finance (LBP billion) |
1998
|
|
1999 |
|
2000 |
| Government expenditures |
7,907 |
|
8,454 |
|
10,424 |
| o.w. Debt Service |
3,352 |
|
3,625 |
|
4,197 |
| Government revenues |
4,449 |
|
4,868 |
|
4,553 |
| o.w. Custom duties |
1,763 |
|
1,838 |
|
1,746 |
| Budget Deficit |
3,457 |
|
3,585 |
|
5,871 |
| Net total debt (LBP billion) |
25,824 |
|
29,870 |
|
35,034 |
| Net total debt (US$ million) |
17,125 |
|
19,814 |
|
23,240 |
| o.w. Net internal debt (US$ million) |
12,960 |
|
14,302 |
|
16,272 |
| o.w. Foreign debt (US$ million) |
4,165 |
|
5,512 |
|
6,968 |
|
|
|
|
|
|
| Monetary situation (LBP billion) |
1998
|
|
1999 |
|
2000 |
| M1 (Currency+LBP demand deposits) |
2,052 |
|
2,261 |
|
2,389 |
| M2 (M1+Quasi-money in LBP) |
16,533 |
|
20,240 |
|
19,493 |
| M3 (M2+FX deposits) |
40,478 |
|
44,993 |
|
49,294 |
| M4 (M3+Tbs public) |
45,750 |
|
51,295 |
|
55,993 |
|
|
|
|
|
|
| Counterparts of M3 |
1998
|
|
1999 |
|
2000 |
| Foreign assets-net |
14,492 |
|
14,614 |
|
13,944 |
| Gold |
3,998 |
|
4,037 |
|
3,806 |
| Gold (US$ million) |
2,651 |
|
2,678 |
|
2,525 |
| FX |
10,495 |
|
10,577 |
|
10,139 |
| FX (US$ million) |
6,959 |
|
7,016 |
|
6,725 |
| Debit position of public sector |
12,908 |
|
15,104 |
|
20,521 |
| Net Claims |
15,954 |
|
18,022 |
|
23,043 |
| Valuation Adjustment |
-3,046 |
|
-2,918 |
|
-2,522 |
| Claims on private sector |
19,322 |
|
21,573 |
|
23,011 |
| Claims in LBP |
2,334 |
|
2,750 |
|
3,274 |
| Claims in FX |
16,988 |
|
18,823 |
|
19,598 |
| Other Items-Net |
-6,343 |
|
-6,408 |
|
-8,043 |
|
|
|
|
|
|
| Prices and wages |
1998
|
|
1999 |
|
2000 |
| Consumer Price Index (in LBP) |
1.60% |
|
1.40% |
|
-0.90% |
| Consumer Price Index (in US$) |
2.90% |
|
1.50% |
|
-0.90% |
| Minimum salary (in LBP) |
300,000 |
|
300,000 |
|
300,000 |
| Minimum salary (in US$) |
200 |
|
200 |
|
200 |
|
|
|
|
|
|
| LBP/US$ exchange rate (year end) |
1,508 |
|
1,508 |
|
1,508 |
| LBP/US$ exchange rate (yearly average) |
1,516 |
|
1,508 |
|
1,508 |
|
|
|
|
|
|
| Stock Market: Basic Figures |
1998
|
|
1999 |
|
2000 |
| Market Capitalization (US$ million) |
3,672 |
|
3,046 |
|
2,459 |
| Market Cap/GDP |
22.90% |
|
18.60% |
|
14.50% |
| Traded Volume (US$ million) |
330.5 |
|
69.7 |
|
47.5 |
| Traded Volume to Market Cap |
9.00% |
|
2.30% |
|
1.90% |
| Number of listed companies |
12 |
|
13 |
|
13 |
| Number of shares outstanding (Thousands) |
541,047 |
|
537,208 |
|
537,208 |
|
|
|
|
|
|
| Banking System |
1998
|
|
1999 |
|
2000 |
| Number of operating banks |
78 |
|
73 |
|
71 |
| o.w. under foreign control |
30 |
|
34 |
|
n.a.
|
| Number of branches |
691 |
|
733 |
|
764 |
| Number of staff employed |
15,187 |
|
n.a.
|
|
n.a.
|
|
