Economic Digest

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

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Aline Azzi
Economic Digest
August 24, 2021

Lebanon Burns Dollars in Fuel! Gasoline Prices in Comparative Perspective

Since November 2020, worldwide fuel prices had been increasing in line with the rise in global oil prices. However, today more significant increase has been prompted in Lebanon due to the recent government ... read more

Revenues of Port of Beirut down by 35.07% to $7.22M by June 2021

The latest statistics on activity at the Port of Beirut show an annual slump of 35.07% in the revenues of the Port of Beirut (PoB) to $7.22M by June 2021, compared to last year’s $11.12M. Since 2019, total ... read more

Lebanon’s Fiscal Deficit Down by 2.65% YOY to $688.16M by January 2021

According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $688.16M by January 2021, down from last year’s $670.40M. In detail, the substantial deficit is ... read more

Sami Baff
Economic Digest
August 24, 2021

The Number of Airport Passengers at 2.05M by July 2021: Up by 46.73%YOY

Beirut’s International Airport welcomed 2.05million (M) passengers in the first 7 months of 2021 compared to 1.39M passengers during the same period last year. The breakdown of the airport’s statistics ... read more

Aline Azzi
Economic Digest
August 18, 2021

Lebanon’s Inflation Rate Reached 100.64% YOY in June 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

Gross Public Debt Up Yearly by 5.3% to $97.77B by April 2021

The data released by the Ministry of Finance (MoF) recently, indicated that Lebanon’s gross public debt hit $97.77B in April 2021, thereby recording an annual increase of 5.3%. The rise is mainly ... read more

Total Value of Cleared Checks down by 22.12% to $20.61B by June 2021

As per the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 3,041,067 checks by June 2020 to 1,881,673 checks by ... read more

Lebanon’s Balance of Payments Deficit Stood at $1.812B by June 2021

According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1,812.1M by June 2021, compared to a deficit of $2,486.3M over the same period last year. Accordingly, Net foreign ... read more

Lebanese Commercial Banks’ Total Assets Down Year to Date by 3.70% to $181.08B by June 2021

Lebanese Commercial banks, BDL and the Lebanese government incurred high losses as a result of the financial crisis, and will continue to suffer as long as no reforms and recovery program is in sight. In ... read more

Transfers to EDL Dropped by an annual 38.6% to $924.36M by December 2020

According to the Ministry of Finance, transfers to EDL stood at $924.36M by December 2020, dropping by 38.6% compared to the same period last year. This was mainly a result of lower payments to KPC and ... read more

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Economic Digest