Lebanon’s PMI Breaks the Contraction Cycle for the First Time in 2025!

Lebanon has faced a prolonged period of economic pessimism since the 2019 crisis, but recent data suggests a shift toward recovery. In 2025, the BLOM Lebanon Purchasing Managers’ Index (PMI) reached an annual average of 50, the first time since data collection began that the index was not in contraction territory. A reading of 50 indicates economic activity neither expanded nor contracted. The 2024 average, at 48.1, while being in the contraction territory (<50), was also relatively resilient, standing above both Lebanon’s historical PMI average (47) and the post-2019 average (47). This report highlights the most significant PMI movements in 2024 and 2025.

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