Economic Digest

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

Lebanon’s Trade Deficit Ended Q1 2019 at $4.09B, Up by 2.46% y-o-y

Lebanon’s trade deficit for the first three months of 2019 stood at $4.09B, widening from $3.99B in Q1 2018, on the back of total imports increasing by an annual 2.9% to $4.95B, while total exports grew by ... read more

Lebanon’s Gross Public Debt Up to $86.2B in Q1 2019

Figures released by the Ministry of Finance (MoF) revealed that Lebanon’s gross public debt climbed by a monthly 1.2% and grew by a yearly 5.3% to hit $86.2B in the first quarter of 2019 (Q1). The rise ... read more

Value of Industrial Exports Down by a yearly 3.8% y-o-y in January 2019

According to the Lebanese Ministry of Industry (MoI), the value of total industrial exports declined to $179.9M in January 2019, compared to $187M in January 2018. In details, exports of “Machinery and ... read more

Beirut’s Hotel Occupancy Rate ended Q1 2019 at 69.8%

According to E&Y’s Middle East Hotel Benchmark Survey, Beirut recorded improvements on all the measured key performance indicators (KPIs) in the first quarter of the year. This can be mainly attributed ... read more

Average Inflation Rate at 3.61% y-o-y by April 2019

Lebanon’s average consumer prices rose by 3.61% year-on-year (y-o-y) by April 2019 compared to an annual uptick of 5.47% recorded in the same period of 2018, as per the Central Administration of Statistics ... read more

Number of Cleared Checks Ticked Down by a yearly 11.53% by April 2019

According to the Association of Lebanese Banks (ABL), the value of cleared checks reached $19.26B by April 2019, down by 12.97% compared to the same period last year. Similarly, the total number of cleared ... read more

Number of Total Registered New Cars Regressed by 21.16% to 8,601 by April 2019

According to the Association of Lebanese Car Importers (AIA), the number of new registered “commercial” and “passenger” cars recorded a 21.16% annual drop to settle at 8,601 cars by April 2019. In details, ... read more

Number of Construction Permits down by 22.14% to 3,815 by April 2019

According to the Orders of Engineers in Beirut and Tripoli, the total number of construction permits fell by a yearly 22.14% to reach 3,815 by April 2019. Accordingly, the Construction Area Authorized by ... read more

Number of Real Estate Transactions Contracted by 10.91% y-o-y by April 2019

According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of RE transactions which may include one or more realties, reached 15,726 transactions by April 2019, down ... read more

Odeabank’s Net Profit Plunge in the First Quarter of 2019

Odeabank, Bank Audi’s Turkish subsidiary, released its financial statements for the first three months of 2019. The bank revealed a net profit of $0.64M, down from $12.07M recorded in Q1 last year. This ... read more

Choose Category

Enter Keyword

Economic Digest