Economic Digest

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

Sara Hadchiti
Economic Digest
August 27, 2019

Number of Construction Permits down by 16.41% to 6,947 by July 2019

According to the Orders of Engineers in Beirut and Tripoli, the total number of construction permits fell by a yearly 16.41% to reach 6,947 by July 2019. Accordingly, the Construction Area Authorized by ... read more

admin
Economic Digest
August 26, 2019

Lebanon’s Trade Deficit Ended at $8.04B in H1 2019, Up by 4.58% y-o-y

Lebanon’s trade deficit widened in the first 6 months of the year to reach $8.41B, up by 4.58% compared to the same period in 2018. Regardless of the promising progress in exports, which grew by a yearly ... read more

Rouba Chbeir
Economic Digest
August 23, 2019

The Value of Kafalat Guarantees Down to $4.7M by July 2019

According to Kafalat, the number of loan guarantees dropped from 257 guarantees by July 2018 to 42 loans by July 2019. It followed that the total value of issued loan guarantees slumped from $33.6M by July ... read more

Rouba Chbeir
Economic Digest
August 22, 2019

Total Assets of BDL Slipped by 6.15% YTD to $132B by Mid-August 2019

According to the latest balance sheet of Banque du Liban (BDL),Total assets fell by 6.15% since year start to reach $132B in mid-August 2019. In details, Foreign Assets (which grasped 28.23% of BDL’s Total ... read more

Rouba Chbeir
Economic Digest
August 21, 2019

Average Inflation Rate Softened to Stand at 3% YOY by July 2019

According to the Central Administration of Statistics (CAS), Lebanon’s average consumer prices rose by an annual 3% in the first seven months of 2019, compared to an annual uptick of 6.23% recorded by July ... read more

Rouba Chbeir
Economic Digest
August 20, 2019

Number of Total Registered New Cars Dropped by 23.6% y-o-y by July 2019

The slump in the car market persists in the first seven months of 2019, as the number of new registered “commercial” and “passenger” cars retreated from 22,245 by July 2018, to stand at 16,988 cars by July ... read more

Rouba Chbeir
Economic Digest
August 19, 2019

Value of Cleared Checks Down by 15.8%YOY to $32.6B by July 2019

The latest data by the Association of Banks (ABL) revealed that the total value of cleared checks declined by an annual 15.8% to stand at $32.6B by July 2019. In turn, the total number of checks fell by ... read more

Sara Hadchiti
Economic Digest
August 16, 2019

The Number of Real Estate Transactions Down by 23.54% y-o-y to 25,384 by July 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 23.54% to ... read more

Rouba Chbeir
Economic Digest
August 14, 2019

Net Profit of OdeaBank Plunged to $1.82M in H1 2019

Odeabank, Bank Audi’s Turkish subsidiary, released its financial statements for the first half of 2019. The bank’s income statement revealed a net profit of $1.82M, down from $29.23M recorded in H1 last ... read more

Rouba Chbeir
Economic Digest
August 14, 2019

HOLCIM Posted a Net Loss of $1.04M in H1 2019

According to Holcim’s balance sheet as of June 2019, the company’s Total Assets dropped by 7.11% since year start, to settle at $244.63M in H1 2019. In turn, the firm’s Total equity recorded a year-to-date ... read more

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