Economic Digest

Short analyses about Lebanon’s latest economic indicators, updated on a monthly basis

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Rouba Chbeir
Economic Digest
September 20, 2019

The Number of Airport Passengers at 5.04M by July 2019: Up by 4.12%YOY

Beirut’s International Airport welcomed 5.04 million (M) passengers in the first 7 months of 2019 compared to 4.84M passengers during the same period last year. The breakdown of the airport’s statistics ... read more

Rouba Chbeir
Economic Digest
September 19, 2019

Value of Kafalat Guarantees Contracted to $5.2M by August 2019

According to Kafalat, the number of loan guarantees dropped from 277 guarantees by August 2018 to 47 loans by August 2019. In turn, the total value of issued loan guarantees fell to $5.2M, down from $35.9M ... read more

Rouba Chbeir
Economic Digest
September 18, 2019

Value of Industrial Exports Up by 5.4%YOY by May 2019

According to the Lebanese Ministry of Industry (MoI), the value of total industrial exports grew by a yearly 5.4% to reach $1.14BM in the first five months of 2019. Meanwhile, the value of total industrial ... read more

Rouba Chbeir
Economic Digest
September 17, 2019

Value of Cleared Checks Contracted by 15.2%YOY to $37.4B by August 2019

According to the Association of Banks (ABL), the total value of cleared checks fell by a yearly 15.2% to settle at $37.4B in the first eight months of 2019. Correspondingly, the total number of checks ... read more

Rouba Chbeir
Economic Digest
September 16, 2019

Gross Public Debt Added 3.7%YOY to Stand at $86B by July 2019

The latest data released by the Ministry of Finance (MoF) revealed Lebanese gross public debt grew by a yearly 3.7% to touch $86B by July 2019. In details, domestic debt (denominated in LBP) increased by a ... read more

Sara Hadchiti
Economic Digest
September 13, 2019

Beirut’s Hotel Occupancy Rate at 70.20% by July 2019

According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Lebanon’s 4- and 5-star hotels reached a 4-year high of 70.20% by July 2019, compared to 61% during the same period ... read more

Sara Hadchiti
Economic Digest
September 12, 2019

The Number of Real Estate Transactions Down by 18.30% y-o-y to 31,131 by August 2019

According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of real estate (R.E) transactions which may include one or more realties, dropped by a yearly 18.30% to ... read more

Sara Hadchiti
Economic Digest
September 11, 2019

Number of Total Registered New Cars Dropped by 23.86% y-o-y to 19,151 by August 2019

The slump in the car market persists in the first 8 months of 2019, as the number of new registered “commercial” and “passenger” cars retreated from 25,153 by August 2018, to stand at 19,151 cars by August ... read more

Sara Hadchiti
Economic Digest
September 9, 2019

Port of Beirut Revenues down by 13.97% y-o-y to $119.30M by July 2019

Figures released by the Port of Beirut (PoB) show that the port’s revenues fell by a yearly 13.97% to stand at $119.30M by July 2019. In details, total container activity including transshipment (TEU+TS) ... read more

Rouba Chbeir
Economic Digest
September 6, 2019

Commercial Banks’ Total Private Sector Deposits Added 1.12% YTD to $172.35B

According to the commercial banks’ consolidated balance sheet, Total assets of the banks added 3.89% year-to-date (YTD) to $259.18B by July 2019. It is worthy to note that towards the end of July 2019, the ... read more

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