Attribute | Value |
---|---|
Geography | |
Area | 10,400 km² |
Continent | Asia |
Land area | 10,230 km² |
Water area | 170 km² |
Land boundaries | 484 km |
Border countries |
|
Coastline | 225 km |
Mean elevation | 1,250 m |
Lowest point | 0 m |
Highest point | 3,088 m |
People | |
Population | 5,469,612 |
Official languages |
|
Religion | Muslim |
Government | |
Long country name | Lebanese Republic |
Short country name | Lebanon |
Long local name | Al Jumhuriyah al Lubnaniyah |
Short local name | Lubnan |
Former name |
|
Government type | Parliamentary republic |
Capital | Beirut |
Economy | |
GDP (PPP) | 88,250,000,000 USD |
GDP (OER) | 54,180,000,000 USD |
GDP (real growth rate) | 1.5 % |
GDP - per capita (PPP) | 19,600 USD |
Gross national saving | -0.7 % of GDP |
Labor force | 2,166,000 |
Unemployment rate | 9.7 % |
Population below poverty line | 28.6 % |
Budget revenues | 11,620,000,000 USD |
Budget expenditures | 15,380,000,000 USD |
Military expenditures | 4.99 % of GDP |
Taxes and other revenues | 21.5 % of GDP |
Budget surplus or deficit | -6.9 % of GDP |
Public debt | 146.8 % of GDP |
Inflation rate | 4.5 % |
Central bank discount rate | 10 % |
Commercial bank prime lending rate | 8.29 % |
Stock of narrow money | 7,047,000,000 USD |
Stock of broad money | 7,047,000,000 USD |
Stock of domestic credit | 108,200,000,000 USD |
Market value of publicly traded shares | 11,220,000,000 USD |
Current account balance | -12,370,000,000 USD |
Exports | 3,524,000,000 USD |
Imports | 18,340,000,000 USD |
Reserves of foreign exchange and gold | 55,420,000,000 USD |
External debt | 39,300,000,000 USD |
National currency | Lebanese pounds |
National currency (code) | LBP |
National currency (symbol) | £ |
National currency rate to USD | 1 |
Following World War I, France acquired a mandate over the northern portion of the former Ottoman Empire province of Syria. The French demarcated the region of Lebanon in 1920 and granted this area independence in 1943. Since independence, the country has been marked by periods of political turmoil interspersed with prosperity built on its position as a regional center for finance and trade. The country's 1975-90 civil war, which resulted in an estimated 120,000 fatalities, was followed by years of social and political instability. Sectarianism is a key element of Lebanese political life. Neighboring Syria has historically influenced Lebanon's foreign policy and internal policies, and its military occupied Lebanon from 1976 until 2005. The Lebanon-based Hizballah militia and Israel continued attacks and counterattacks against each other after Syria's withdrawal, and fought a brief war in 2006. Lebanon's borders with Syria and Israel remain unresolved.