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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

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With frequent power blackouts and growing water shortages, urgent investment in Lebanon’s outdated electricity and water supply networks is needed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

Promising development: Amman is now studying a proposal to issue its first Islamic bond

Wider Middle East ripe for Islamic finance Subscription

18 September 2014 | By Richard Nield

Sharia-compliant banking has yet to take off across most of the Levant and North Africa. But growing support from governments could soon lead to a boom in demand

Lebanon water demand

Beirut’s water supply challenge Subscription

1 September 2014 | By

Lebanon’s water supply is under increasing pressure as demand for potable water climbs higher. Beirut hopes new water transmission infrastructure plans will make up the shortfall

Lebanon tourist arrivals

Fresh turmoil thwarts economic recovery Subscription

23 July 2014 | By

With trade, tourism and agriculture growth succumbing to regional instability, Lebanon’s economy is being kept afloat by strong performance in the banking sector

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 Waterfront City: Phase 1 Construction 225
5 Forty Four Construction 200
6 Summerland Kempinski Hotel Construction 155
7 3 Beirut Towers Construction 150
7 Sama Beirut Construction 150
9 Ciel et Jardin Construction 125
9 Gemmayzeh Village Construction 125
Click through to the full data table on Lebanon's biggest projects in construction
Click through to MEED's Q3 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: November 2014; All projects in execution

Tenders & project awards

Lebanon: Water treatment plant Subscription

3 March 2015 | By

Construction of a water treatment plant

Lebanon: Underground parking Subscription

11 February 2015 | By

Construction of underground parking

Lebanon: Engineering studies and supervision consultancy Subscription

11 February 2015 | By

Provision of consultancy services comprising detailed engineering studies and supervision services

Lebanon: Wastewater project consultancy Subscription

10 February 2015 | By

Provision of consultancy services for a wastewater project

Lebanon: Reclamation works Subscription

9 February 2015 | By

Carrying out reclamation works for a special economic area at a port

Lebanon: Solid waste collection and disposal Subscription

9 February 2015 | By

Carrying out solid waste collection and disposal services projects

Lebanon: Gas generation project Subscription

9 February 2015 | By

Carrying out a gas generation project

Lebanon: Hydropower consultancy Subscription

4 February 2015 | By

Provision of e-consultancy services comprising a study on hydropower development

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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