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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

Iran 2008 2009 2010 2011 2012 2013f 2014f
Nominal GDP ($bn) 28.8 35.1 38.0 40.1 42.5 44.3 45.6
GDP per capita ($) 6.888 8.274 8.756 9.145 9.609 9.920 10.086
Real GDP growth (annual change, %) 9.1 10.3 8.0 2.0 1.5 1.0 1.0
Government revenue (% of GDP) 24.7 24.2 22.2 22.8 22.6 21.3 21.4
Government total expenditure (% of GDP) 34.7 32.3 29.7 28.7 31.3 30.7 32.9
Total government debt (gross, % of GDP) 163.1 145.6 138.4 133.9 135.7 139.7 147.6
Current account balance (% of GDP) -11.1 -12.6 -13.3 -15.7 -15.7 -16.2 -15.8
Value of oil imports 3.9 3.1 3.9 4.8 6.2 6.4 6.4
Value of oil exports 0 0 0 0 0 0 0
Inflation (%) 10.8 1.2 5.1 7.2 5.9 3.2 2..0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

Lebanon trends

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

Lebnanon construction activity

Property sector sees short-term gains in Lebanon Subscription

23 July 2014 | By

Signs of a recovery in Lebanon’s real estate and construction sectors may just be temporary as a new political vacuum is denting investor confidence

Threat: Isis claimed responsibility for a recent suicide bomb attack on a Beirut hotel

Power vacuum looks set to continue in Lebanon Subscription

23 July 2014 | By

External allies will play a vital role in reaching the compromise needed to appoint a new president. But escalating violence in the region may push Beirut’s power struggles to the backseat

Lebanon trade

Industry supports labour market in Lebanon Subscription

1 July 2014

Lebanon’s fragmented industrial sector is challenged on several fronts

Divided: Levanon's parliament failed to elect a new president due to political stalemate

Security concerns hit economy in Lebanon Subscription

22 June 2014 | By

Low-cost loans have prevented Lebanon’s economy from contracting over the past year, but more progress is needed to address the country’s widening deficit

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MEED comment

Aftermath: Shortly after the car bomb blast that killed Mohamad Chatah

Lebanon's moderate voices face extinction Subscription

31 December 2013

The assassination of Mohamad Chatah is said to be part of a strategy to sow division in moderate camps

More MEED commentary

Special reports

Lebanon

Lebanon: Hopes for economic revival shattered

23 July 2014

What is urgently needed is a strong and unified leadership

More Lebanon special reports

Top 10 projects

Rank Project Name Sector Contract value ($m)
1 Beit Misk Construction 800
2 Deir al-Ammar Power Plant Expansion Power 500
2 Venus Towers Construction 500
4 Litani Water Project: Phase 1 Water 330
5 Waterfront City Construction 210
6 Forty Four Construction 165
7 Summerland Kempinski Hotel Construction 155
8 Sama Beirut Construction 150
8 3 Beirut Towers Construction 150
10 Zouk Power Plant Expansion Power 139
10 Jieh Power Plant Expansion Power 139
Click through to the full data table on Lebanon's biggest projects in construction
Click through to MEED's Q2 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: September 2014; All projects in execution

Tenders & project awards

Lebanon: Electrical cables Subscription

4 October 2014 | By

Supply of electrical cables

Lebanon: Medical equipment Subscription

4 October 2014 | By

Supply of medical equipment

Lebanon: Air quality measurement equipmen Subscription

13 September 2014 | By

Supply of air quality measurement equipment

Lebanon: ICT equipment Subscription

13 September 2014 | By

Supply of ICT equipment and software

Lebanon: Wastewater consultancy services Subscription

8 September 2014 | By

Provision of consultancy services for a wastewater project

Lebanon: Wastewater management works (65) Subscription

22 August 2014 | By

Carrying out civil works for comprehensive wastewater management

Lebanon: Wastewater management works (64) Subscription

22 August 2014 | By

Carrying out civil works for comprehensive wastewater management

Lebanon: Wastewater management works (63) Subscription

22 August 2014 | By

Carrying out civil works for comprehensive wastewater management

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Companies

D G Jones and Partners Subscription

D G Jones and Partners is a construction project consultancy business offering services in quantity surveying, construction, facilities and solid waste management

Dar Al Handasah Nazih Taleb and Partners Subscription

Dar Al Handasah Nazih Taleb and Partners of Lebanon is an architectural design and engineering consultancy

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People

Farid Chedid Subscription

7 January 2014

Farid Chedid is founder, chairman and CEO, Chedid Capital

See all Lebanon biographies

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