Economic Digest

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

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Total Number of Registered Cars a drop of 28.13% by November 2021

The Association of Car Importers in Lebanon (denoted as AIA) recently stated in its automotive report that “A dramatic drop of 28.1% in new cars registered in Lebanon during the first 11 months of 2021 in ... read more

Real Estate Transactions Up Yearly by 32.14% by October 2021

According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions which may include one or more realties, went up by a yearly 32.14% to ... read more

Aline Azzi
Economic Digest
December 23, 2021

Lebanon’s Fiscal Balance Recorded First Time Surplus of $186.68M by June 2021

According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal balance (cash basis) decreased by 108.40% from last year to register a first time surplus of $186.68M by June 2021. In detail, the ... read more

Aline Azzi
Economic Digest
December 22, 2021

Lebanon’s Inflation Soared to an all-time High of 201% in November 2021

According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), which gives an overview about the evolution of goods and services’ prices consumed by households, revealed that ... read more

Aline Azzi
Economic Digest
December 21, 2021

Gross Public Debt Up Yearly by 4.7% to $98.73B by August 2021

The data released by the Ministry of Finance (MoF) recently, indicated that Lebanon’s gross public debt hit $98.73B in August 2021, thereby recording an annual increase of 4.7%. The rise is mainly ... read more

Aline Azzi
Economic Digest
December 20, 2021

BDL’s Foreign Assets Down by a Yearly 27.29% to reach $18.08B by mid December 2021

According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 3.76% compared to last year, to reach $163.86B by mid December 2021.The increase was mainly due to the 25.26% ... read more

Aline Azzi
Economic Digest
December 16, 2021

Transfers to EDL Dropped by an annual 33.6% to $256.80M by April 2021

According to the Ministry of Finance, transfers to EDL stood at $256.80M by April 2021, dropping by 33.6% compared to the same period last year. This was mainly a result of lower payments to KPC and ... read more

Aline Azzi
Economic Digest
December 16, 2021

BDL’s Net Foreign Reserves: A Neglected Predictor or Signal to the Lebanese Exchange Rate Crisis!

Today, Lebanon is witnessing the fallout of years of political and financial mismanagement. The economic structure adopted supported a financial model defined by shoring up foreign reserves, attracting ... read more

Sami Baff
Economic Digest
December 15, 2021

The Number of Airport Passengers Up by a yearly 70.91% in November 2021

The activity at Rafic Hariri International Airport improved in the first 11 months of the year despite a rough summer and holiday’s season and shy tourism during this period. Consequently, the number of ... read more

Aline Azzi
Economic Digest
December 13, 2021

Total Value of Cleared Checks down by 31.72% to $30.82B by October 2021

According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 4,955,345 checks by October 2020 to 2,745,805 ... read more

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Economic Digest