Report for Selected Countries and Subjects: April 2020
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Gross domestic product per capita, constant prices
Purchasing power parity; percent change
-2.499
-6.462
-11.629
n/a
Lebanon
General government net lending/borrowing
Percent of GDP
-11.287
-10.700
-15.285
n/a
Lebanon
Current account balance
Percent of GDP
-26.708
-20.619
-12.642
n/a
Country
Subject Descriptor
Units
Scale
Country/Series-specific Notes
2018
2019
2020
2021
Estimates Start After
Lebanon
Gross domestic product, constant prices
Percent change
Source: National Statistics Office. 2004-2014
Latest actual data: 2018. Data for 2004-2014 revised as per the latest data from the statistics office.
National accounts manual used: System of National Accounts (SNA) 2008. Accounts were established according to the SNA 2008 but with simplified model adapted to Lebanon. .
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010. Used by Fund staff (the authorities use 2010 as base year).
Chain-weighted: Yes, from 2010
-1.926
-6.513
-12.019
n/a
2018
Lebanon
Gross domestic product per capita, constant prices
Purchasing power parity; percent change
Source: National Statistics Office. 2004-2014
Latest actual data: 2018. Data for 2004-2014 revised as per the latest data from the statistics office.
National accounts manual used: System of National Accounts (SNA) 2008. Accounts were established according to the SNA 2008 but with simplified model adapted to Lebanon. .
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010. Used by Fund staff (the authorities use 2010 as base year).
Chain-weighted: Yes, from 2010
-2.499
-6.462
-11.629
n/a
2018
Lebanon
General government net lending/borrowing
Percent of GDP
Source: Ministry of Finance or Treasury
Latest actual data: 2018
Fiscal assumptions: Revenue projections are made based on the macroeconomic assumptions and revenue buoyancy of various taxes (as measures by elasticity measures and staff's understanding of the authorities' tax policy measures). On the spending side, projections reflect the authorities' projections, with a few deviations to take into account key macroeconomic assumptions (e.g., WEO oil price for subsidies to the electricity company). Monetary projections are based on key assumptions on deposits growth, dollarization and credit to private sector.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. GFSM 2001 has been adopted but should be refined. Budgetary expenditure data are reported on a modified cash basis, corresponding to the issuance of payment orders.
Basis of recording: Mixed. Modified cash basis (only corrects for arrears)
General government includes: Central Government;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits;. Information on the size of public assets is not available in case of Lebanon. Net debt is calculated as gross debt minus value of government’s accounts at the central bank.”
-11.287
-10.700
-15.285
n/a
2018
Lebanon
Current account balance
Percent of GDP
Source: Central Bank. Also: IMF staff.
Latest actual data: 2018
BOP Manual used: Balance of Payments Manual, fifth edition (BPM5). The authorities are moving to BPM6.
-26.708
-20.619
-12.642
n/a
2018
International Monetary Fund, World Economic Outlook Database April 2020