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Lebanon

Lebanon news and analysis, tenders, contracts awarded, commentary and economic data

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Lebanon_map_527x286px Lebanon+flag President_Michel_Suleiman
Lebanon
Selection process for new president is ongoing
Previous President Michel Suleiman

Lebanon country datafile
Country overview
Government contacts

Country data

Lebanon
Lebanon 2009 2010 2011 2012 2013 2014 2015f
Nominal GDP ($bn) 35.1 38.0 40.1 43.0* 45.0 47.5 50.8
GDP per capita ($) 8,274 8,756 9,145 9,709* 10,077 10,531 11,159
Real GDP growth (annual change, %) 10.3 8.0 2.0 2.5* 1.5 1.8 2.5
Government revenue (% of GDP) 24.2 22.2 22.8 22.3 20.9 20.8* 21.8
Government total expenditure (% of GDP) 32.3 29.7 28.7 31.0 30.1 32.0* 33.9
General government debt (gross, % of GDP) 145.6 138.4 133.9 134.3 141.0 144.9* 147.4
Current account balance (% of GDP) -12.5 -13.3 -12.8 -12.7* -12.9 -12.7 -12.3
Inflation 3.4 6.7 5.4 6.3 1.7 4.6* 3.5
Population (millions) 4.2 4.3 4.4 4.4 4.5* 4.5 4.6
Unemployment (%) na na na na na na na
Click to see full economic data (2005 - 2019 forecast)
Source: International Monetary Fund, World Economic Outlook Database;
Last updated: February 2015; *=Estimate

Lebanon trends

Hezbollah fighters

Regional instability fuels stalemate in Beirut Subscription

30 June 2015 | By

Lebanon’s two major political factions are closely linked to regional and international players, leaving the government struggling to revive the economy in the face of unrest across the region

Lebanon project planned or under way and Lebanon granted loans

Beirut requires new economic strategy Subscription

30 June 2015 | By

Lebanon’s economy rests on a precipice as regional instability continues to deter investment, tourism and real economic growth

Survival: A young refugee begs for her next meal

Dealing with Lebanon's second population Subscription

30 June 2015 | By , Nadine Sayegh

The influx of refugees from Syria has come at a sensitive time for Lebanon, with the government having to power ahead with infrastructure building and defusing social tensions

Saudi Arabia army

MEED board report, June 2015 Subscription

15 June 2015 | By

Key events and trends in the region over the past month and their impact on the outlook for the Middle East and North Africa

Contract awards

Middle East contracts awarded: May 2015 Subscription

14 June 2015

Nearly $9bn of contracts awarded in May

Central bank: The banking sector is well regulated

Lebanon's banks weathering the storm Subscription

8 June 2015 | By Dominic Dudley

Beirut’s banks continue to be a rare point of strength for the country, although there have been some signs at the start of this year that the market may be getting tougher

Offshore oil blocks Lebanon

Lebanon's energy plans continue to falter Subscription

11 May 2015 | By

Political paralysis is stalling progress towards Lebanon’s first oil and gas exploration licensing round

Saudi Defence Minister Prince Mohammed bin Salman bin Abdulaziz al-Saud (C) at a defence exhibition in February

MEED board report, May 2015 Subscription

7 May 2015 | By

Key events and trends in the region over the past month and their impact on the outlook for the Middle East and North Africa

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MEED comment

Special reports

Lebanon faces test of resilience

Lebanon faces test of resilience

30 June 2015

The government’s habit of allowing external events to affect domestic policy continues to paralyse Beirut’s political process

Lebanon

Lebanon: Hopes for economic revival shattered Subscription

23 July 2014

What is urgently needed is a strong and unified leadership

More Lebanon special reports

Top 10 projects

Rank

Rank Project Name Sector Contract value ($m)
1 Venus Towers Construction 500
2 Beirut Terraces Construction 460
3 Litani Water Project: Phase 1 Water 330
4 Zouk Power Plant Expansion Power 260
5 Waterfront City: Phase 1 Construction 225
6 Forty Four Construction 200
7 Greater Beirut Water Supply Project (Tunnel & Transfer Lines) Water 193
8 Summerland Kempinski Hotel Construction 155
9 Sama Beirut Construction 150
9 3 Beirut Tower Construction 150
Click through to the full data table on Lebanon's biggest projects in construction
Click through to MEED's Q1 2015 Top 100 Projects report
Source: MEED Projects; Data compiled: May 2015; All projects in execution

Tenders & project awards

Lebanon: Dam construction Subscription

15 June 2015 | By

Construction of a dam as part of a water supply augmentation project

Lebanon: Dam consultancy Subscription

15 June 2015 | By

Provision of consultancy services for a dam construction project

Contract awards

Middle East contracts awarded: May 2015 Subscription

14 June 2015

Nearly $9bn of contracts awarded in May

Lebanon: Stastistical information system Subscription

8 June 2015 | By

Implementation of a stastistical information system

Lebanon: Statistical information system Subscription

5 June 2015 | By

Implementation of a statistical information system

Lebanon: Urban resilience masterplan consultancy Subscription

3 June 2015 | By

Provision of e-consultancy services for an urban resilience masterplan

Lebanon: IT and communications equipment Subscription

1 June 2015 | By

Supply of IT and communications equipment

Lebanon: School construction Subscription

16 May 2015 | By

Construction of a secondary school

Filter Lebanon tenders by sector

Companies

Batco Group Subscription

Batco is an engineering and contracting company active in construction of roads, infrastructure, water dams, solid waste and EPC projects

Conser Consulting Engineers Subscription

Conser Consulting Engineers provide consulting services across transportation, water, master planning and urban development along with architecture and mechanical and electrical engineering work

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People

Muhyiddin Itani Subscription

1 February 2015

Muhyiddin Itani is managing director at Davis Langdon Lebanon

Farid Chedid Subscription

7 January 2014

Farid Chedid is founder, chairman and CEO, Chedid Capital

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