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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

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

Iran nuclear talks in Lausanne

MEED board report, April 2015 Subscription

8 April 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

Lebanon public debt

Economy grows on cheaper oil prices Subscription

23 February 2015 | By

On paper, the Lebanese economy seems to be performing well, due to a lower energy import bill. But instability continues to trouble the country

Middle East contracts awarded Jan 15

Middle East contracts awarded: January 2015 Subscription

3 February 2015

Over $7bn of contracts awarded in January in the Middle East

Lebanon electricity supply and power and water projects

Lebanon faces power and water crisis Subscription

2 November 2014 | By James Gavin

With frequent power blackouts and growing water shortages, urgent investment in Lebanon’s outdated electricity and water supply networks is needed

Power and water

Region’s utility sector races to meet demand Subscription

30 October 2014 | By

With rapid population and industrial growth, the Middle East and North Africa is a key market for companies involved in the power and water sectors

Lebanon projects by sector and project status

Lebanon struggles to keep up project momentum Subscription

1 October 2014 | By James Gavin

Political problems are having a detrimental effect on investment in vital infrastructure

Filter Lebanon analysis by sector

MEED comment

Special reports

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: School construction Subscription

16 May 2015 | By

Construction of a secondary school

Lebanon: Utility vehicle Subscription

16 May 2015 | By

Supply of a small utility vehicle

Lebanon: Refuse bins and water tanks Subscription

16 May 2015 | By

Supply of plastic refuse bins and water tanks

Lebanon: Utility panel vehicles Subscription

16 May 2015 | By

Supply of utility panel vehicles

Lebanon: Travel management services Subscription

16 May 2015 | By

Provision of professional travel management services

Lebanon: Restoration works (Baalbek Serail) Subscription

14 May 2015 | By

Restoration of Baalbek Serail

Lebanon: Restoration works (Khan el-Echle) Subscription

14 May 2015 | By

Restoration of Khan el-Echle

Lebanon: University campus O&M Subscription

14 May 2015 | By

Operation and maintenance (O&M) of a university campus

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

See all company profiles

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

See all Lebanon biographies


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