Statistical Data

Population and Manpower

Population: 4,600,000 (Yr. 2009)

Age Bracket

%

0-14 years

25.8

15-64 years

67.1

65 + years

7.2

(Source: CIA - The World FactBook)

 

Geography

Surface (in sq. km)

10,452

Coast length (in km)

225

   

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)

4.6

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 a.m. to 1 p.m. Saturday

   

Banks' Counters:

8:30 AM - 5 PM - Mon to Fri

   
 

8:30 AM - 12:00 PM - Sat

   

 

 

2006

2007

2008

Macroeconomic Indicators

 

 

 

Gross Domestic Product-GDP (US$ billion)

22.4

25.0

28.9

Real GDP growth rate 

0.6%

7.5%

8.5%

GDP per capita, current prices (US$)

5,517

6,097

6,980

Agriculture, value added (% GDP)

6%

6%

5%

Industry, value added (% GDP)

23%

24%

22%

Services, etc., value added (%GDP)

71%

70%

73%

FDI (% GDP)

10.40%

13.95%

11.10%

Gross Capital Formation (% GDP)

22%

18%

20%

Agriculture

 

 

 

Agricultural exports (US$ million) 

104

134

166

Banks credits to agriculture (variation in US$ million)

-10

22

46

Agricultural exports/total exports  

4.6%

4.8%

4.8%

Industry

 

 

 

Industrial exports (US$ million) 

2,178

2,682

3,312

Banks credits to industry (variation in US$ million)

21

393

741

Industrial exports/Total exports  

95.4%

95.2%

95.2%

Imports of industrial machinery (US$ million) 

130

163

188

Tourism

 

 

 

Number of tourists  

1,062,635

1,017,072

1,332,551

Hotel occupancy rate (general average) 

50%

38%

57%

Total spending in hotels (US$ million) 

69

59

87

Construction

 

 

 

Construction permits (‘000 sqm) 

8,693

9,038

11,772

Value of property transactions (LP billion) 

4,733

6,329

9,770

Number of property transactions 

127,016

154,158

167,054

Banks credits to construction (variation in US$ million)

74

292

265

Cement deliveries (‘000 tons) 

3,423

3,945

4,219

Transport

 

 

 

Beirut Port Activity

 

 

 

Number of ships 

1,832

2,187

2,055

Number of containers 

339,174

444,165

491,300

Merchandise (‘000 tons)  

4,227

5,318

5,700

Beirut Aeroport Activity

 

 

 

Number of planes

32,980

39,052

45,278

Number of passengers (‘000)

2,740

3,441

4,040

Energy

 

 

 

Electricity generated (million Kwh)  

10,214

10,548

11,189

Oil imports (‘000 metric tons) 

4,123

3,560

4,060

Foreign Trade (US$ million)

 

 

 

Imports 

9,398

11,815

16,137

Exports  

2,282

2,816

3,478

Exports to main trade partners

 

 

 

UAE  

7.7%

8.7%

10.0%

Switzerland

19.8%

10.9%

9.5%

Iraq

6.0%

5.3%

7.7%

Syria

7.7%

7.5%

6.4%

Saudi Arabia

6.4%

6.6%

6.0%

Imports from main trade partners

 

 

 

USA

10.8%

9.6%

11.5%

China

8.0%

8.6%

8.6%

France

8.1%

7.5%

8.3%

Italy

7.6%

9.0%

6.9%

Germany

7.0%

6.4%

6.4%

Main exports

 

 

 

Jewelry  

24.3%

17.3%

16.5%

Electrical equipment  

14.6%

16.3%

15.4%

Metals and metal products  

14.1%

17.5%

15.2%

Chemical products  

7.1%

8.3%

12.5%

Food products

8.2%

8.5%

8.1%

Paper and paper products

5.9%

6.2%

5.9%

Main imports

 

 

 

Mineral products  

25.7%

22.8%

26.5%

Vehicles

8.1%

8.4%

10.6%

Electrical equipment

11.9%

12.1%

10.5%

Metals and metal product  

7.3%

8.2%

8.1%

Chemical products  

9.5%

9.3%

8.0%

Food products 

5.7%

6.4%

5.3%

Balance of Payments (US$ million)

 

 

 

Trade Balance

(7,116)

(8,999)

(12,659)

Gross Capital Inflows  

9,911

11,036

16,121

Balance of Payments  

2,795

2,037

3,462

Public Finance (LP billion)

 

 

 

Government expenditures  

11,880

12,587

14,957

Government revenues 

7,316

8,749

10,553

Public finance deficit 

4,564

3,838

4,404

Gross total debt (LP billion) 

60,880

63,364

70,874

Net total debt (LP billion) 

56,436

58,837

62,548

Monetary Situation (LP billion)

 

 

 

M1 (currency + LP demand deposits)

3,322

3,578

4,269

M2 (M1+quasi-money in LP)

23,477

24,831

37,325

M3 (M2+FX deposits) 

80,244

90,197

103,506

M4 (M3+Tbs public)  

84,545

95,810

109,412

Prices and Wages

 

 

 

Average Consumer Price Index (in LP)

4.1%

4.1%

10.7%

Minimum salary (in LP)

300,000

300,000

500,000

Minimum salary (in US$)

199

199

331.7

LP/US$ exchange rate (year end)

1,507.5

1,507.5

1,507.5

LP/US$ exchange rate (yearly average)

1,507.5

1,507.5

1,507.5

Lebanese Stock Market

 

 

 

Market capitalization (US$ million)

9,182

11,977

9,323

Traded volume (US$ million) 

1,927

925

1,659

Number of listed companies 

16

15

13

Number of listed shares (thousands)

962,790

771,179

801,042

Banking System

 

 

 

Number of commercial banks

54

54

53

Number of medium & long term credit banks

9

12

12

Activity highlights (LP billion)

 

 

 

Total assets

111,964

123,999

142,090

Total deposits

91,494

101,435

117,252

Total credits

25,652

30,791

37,629

Total shareholders’ equity

8,718

9,439

10,810

Source: http://www.idal.org

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