Economic Digest

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

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Economic Digest
December 11, 2014

Trade Deficit Widens by 3.00% y-o-y to $14.66B by October 2014

Lebanon’s trade deficit for the first 10 months of 2014 stood at $14.66B. This represents an increase 3.00% year-on-year (y-o-y) due to the decrease in exports more than offsetting the decrease in imports. ... read more

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Economic Digest
December 10, 2014

Water at the Heart of International Aid to Lebanon in July and August

According to the Ministry of Finance’s Aid Coordination Newsletter, aid to Lebanon was focused on the water sector during the period July-August 2014. In July, 3 aid agreements worth $8.39M were designed ... read more

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Economic Digest
December 9, 2014

Total Number of Passengers Increased by 4.15% y-o-y by October

Rafic Hariri International Airport (RHIA) activity progressed during the first 10 months of 2014, where the total number of passengers increased by 4.15% year-on-year (y-o-y) to 5.57M. The number of ... read more

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Economic Digest
December 8, 2014

Real GDP for 2013 Predicted to Have Grown by 3%

The Central Administration of Statistics (CAS) released the Lebanese National Accounts Reports for 2012-2013, where Real GDP is predicted to have grown by 3% in 2013, compared to 2.8% in 2012 and a revised ... read more

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Economic Digest
December 8, 2014

Bank Audi Shareholders Agree to Raise Capital at Extraordinary General Meeting

The Extraordinary General Meeting of shareholders of Bank Audi resolved to increase the bank’s capital from LBP 525,769,215,996 to LBP 667,836,186,600, i.e. by an amount of LBP 142,066,970,604 through the ... read more

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Economic Digest
December 5, 2014

Bank of Beirut Invites Shareholders to Extraordinary General Assembly in Downtown Headquarters

The board of directors of Bank of Beirut invites its shareholders to an extraordinary general assembly at the bank’s headquarters located in downtown Beirut, Foch Street. The meeting will take place on the ... read more

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Economic Digest
December 5, 2014

Banque de l’Habitat Doubled Capital to LBP 100B on December 3rd

After it was approved by the Central Council of Banque du Liban, Banque de l’Habitat boosted its capital from LBP 50B to LBP 100B by increasing the nominal value of the bank’s shares on December 3rd, ... read more

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Economic Digest
December 5, 2014

Unemployment Rose as New Jobs Failed to Match Expansions in Work Force

According to the World Bank, the private sector in Lebanon failed in generating enough jobs to take in the expanding labor force. This drove a rise in unemployment, particularly among young people and ... read more

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Economic Digest
December 4, 2014

BMI Projects Passenger Car Sales to Rise by 4.0% y-o-y in 2015

Given that Lebanese new passenger car sales inched up by 8.0% year-on-year over the first 10 months of 2014, to stand at 32,084 cars by October, Business Monitor International (BMI) expects passenger car ... read more

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Economic Digest
December 2, 2014

Central Bank’s Assets Rose by 0.71% Monthly by November

The Central Bank’s (BDL) balance sheet revealed a 0.71% monthly rise in total assets to stand at $86.82B by end of November, 2014. The bank’s foreign assets ticked down by 0.37% to $38.73B, and loans to ... read more

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Economic Digest