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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

Protesters attempt to break a street sign near the government palace in downtown Beirut on 29 August

Beirut protesters struggle to find an effective strategy Subscription

1 September 2015 | By

Demonstrators risk the interference of sectarian factions if unrest continues

Makeshift settlement: Lebanon has the highest per capita concentration of refugees in the world

Cheaper oil boosts economy Subscription

14 July 2015 | By

Reduced capital spending and lower priced energy imports have led to growth in Lebanon’s economy, despite the ongoing conflict in neighbouring Syria

Corruptioin perception and press freedom in Mena

Tackling the problem of corruption Subscription

1 July 2015 | By Dominc Dudley

The region’s policies to weed out malpractice and fraud are rarely seen as effective

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

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MEED comment

Special reports

Lebanon faces test of resilience

Lebanon faces test of resilience Subscription

30 June 2015

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

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: Wastewater networks Subscription

24 August 2015 | By

Carrying out complementary wastewater network works

Lebanon: Water filter systems Subscription

24 August 2015 | By

Supply and installation of water filter systems

Lebanon: Wastewater project consultancy Subscription

24 August 2015 | By

Provision of consultancy services for a wastewater project

Lebanon: Vehicle tyres Subscription

21 August 2015 | By

Suppy and delivery of vehicle tyres

Lebanon: Construction and sanitation supplies Subscription

20 August 2015 | By

Provision of construction and sanitation supplies

Lebanon: Water supply Scada systems Subscription

6 August 2015 | By

Provision of Scada systems for a water supply project

Lebanon: Social stability project consultancy Subscription

30 July 2015 | By

Provision of consultancy services for the establishment of mechanisms for social stability

Lebanon: Football playground construction Subscription

28 July 2015 | By

Construction of a mini-football playground

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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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