Countries / Levant / Lebanon

Lebanon

Lower-middle income  ·  Import-dependent economy  ·  Data availability: partial

Historically the region’s banking and services hub, now in one of the world’s deepest financial crises: collapsed currency, insolvent banks, and hollowed-out state institutions. Remittances and diaspora ties keep the economy breathing.

Alerts · what moved recentlyAll signals →
MilestoneNew

Lebanon's inflation, consumer prices fell below 20% in 2025, to 14.6%, the first time since 2019.

Prices & money · data through 2025
Financing

Cabinet approved a budget transfer of credit to the High Relief Commission for 2026.

Oct 22, 2026 · Council of Ministers of Lebanon
Policy reform

The Finance Ministry approved a settlement of tax assessment and collection penalties for some violations.

Sep 9, 2026 · Ministry of Finance

Vitals

Core figures — the latest value each source holds, the previous reading and the bloc median.

GDP
$26.0B
as of 2024
up from $20.1B (2023)
Mashreq median $169.1B
Real GDP growth
-7.1%
as of 2024
down from -0.8% (2023)
Mashreq median 0.4%
Inflation, year-on-year
16.7%
as of Aug 2026
up from 15.7% (Jul 2026)
GDP per person
$4,473
as of 2024
up from $3,478 (2023)
Mashreq median $4,206

Dimmed cards hold figures more than a year old. All of this country's data in the Database →

Quarterly report

Written once from the quarter's findings, then frozen.

All reports →
Q3 2026 · Lebanon

LBN — Q3 2026 brief

Lebanon’s Q3 2026 findings recorded a sustained easing in annual inflation. Inflation fell for 3 straight months, from 20.0% in April 2026 to 15.7% in July 2026, a decline of 4.3 percentage points. Prices continued to rise year-on-year despite the slowdown.

Read the full report

Signals & patterns

Everything MENACodex detects for this economy — the lead finding charted, the rest filtered by pattern and sector.

Outlier · Public finance

Lebanon's government spending as a share of GDP reached 4.90% in 2024, 8.5 points below its 1990–2023 average of 13.4%. A gap that large has appeared twice in the past 35 years.

General government final consumption expenditure (% of GDP)4.9
05101520199020072024

Source: World Bank — World Development Indicators · data through 2024

MilestoneLebanon's inflation, consumer prices fell below 20% in 2025, to 14.6%, the first time since 2019.

newdata through 2025

TrendLebanon's export purchasing power at constant prices have fallen for 5 straight years, from 19.7 trillion (local currency) in 2019 to 7.8 trillion in 2024: down 61%.

data through 2024

TrendLebanon's gross domestic income at constant prices have fallen for 7 straight years, from 67.2 trillion (local currency) in 2017 to 39.5 trillion in 2024: down 41%.

data through 2024

TrendLebanon's methane emissions compared with 1990 have risen for 6 straight years, from 157% in 2018 to 204% in 2024: up 47 points.

data through 2024

TrendLebanon's services output as a share of GDP has fallen for 3 straight years, from 94.1% in 2021 to 35.7% in 2024: down 58 points.

data through 2024

Signal archive →

Agenda Watch

Official decisions and what the news is reporting, with the original source named.

DateDecisionTypeSource
Oct 22, 2026Cabinet approved a budget transfer of credit to the High Relief Commission for 2026.FinancingCouncil of Ministers of Lebanon (pcm.gov.lb)
Oct 21, 2026The president backed moving ahead with Lebanon Telecom and Ogero staff transfers with full safeguards.Policy reformPresidency of the Lebanese Republic (presidency.gov.lb)
Oct 21, 2026The president backed the electricity board's governance plan and reform steps for Electricite du Liban.Policy reformPresidency of the Lebanese Republic (presidency.gov.lb)
Oct 2, 2026The president signed the 2027 budget bill and approved an extra 1,450.8 billion lira appropriation for public drivers.Policy reformPresidency of the Lebanese Republic (presidency.gov.lb)
Sep 10, 2026The cabinet approved a bill to block sales of property in areas occupied by the Israeli army.Policy reformCouncil of Ministers of Lebanon (presidency.gov.lb)
Sep 9, 2026The Finance Ministry approved a settlement of tax assessment and collection penalties for some violations.Policy reformMinistry of Finance (finance.gov.lb)

Explore the data

Every series we hold for Lebanon, by sector — open one in the Database to chart it against its neighbours.

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Ask about Lebanon Coming soon

Answers only from MENACodex's data on Lebanon, every claim linked to its source. The question box opens when the analyst is ready; these are examples of what it will answer.

Ask about the Lebanon economy…Ask ✦
What has changed in Lebanon recently?Signals, briefs and decisions, with their sources
What did last quarter add up to?Drawn from the quarterly report
What did the government decide this year?From the Agenda Watch record
How does Lebanon compare with its neighbours?Any series against the bloc median