Economic Outlook of Lebanon / Turkey-Lebanon Economic and Trade Relations

Economic Outlook of Lebanon (2017):

GDP (billion USD)

54,1

Inflation Rate (%)

4,51

Economic Growth (GDP %)

1,5

Unemployment Rate (%)

6,3

Population (million)

5,9

Export (billion USD)

2,8

Population growth (%)

0,7

Import (billion USD)

18,9

GDP per capita (USD)

11.684

Main trade partners: Saudi Arabia, UAE, Syria, Iraq, South Africa, China, Italy, USA, France, Germany

Main export products: Pearls, precious stones, plastics, fruits and nuts
Main import products: Mineral fuels, iron/steel, machinery, boilers

Bilateral Trade Statistics:

YEAR

EXPORT

IMPORT

VOLUME

BALANCE

2016

734

81

815

+653

2017

889

131

1020

+758

2018

901

169

1070

+732

Number of Lebanese visitors: 237.476 (2017)