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The United Nations estimates that the economy grew 5.7 percent in 2022, achieving the first GDP growth since 2017, according to the recently released World Economic Situation and Prospects (WESP) 2023 report. It expects growth to continue in the coming two years with forecasted growth rates of 4.6 percent in 2023 and 4.4 percent in 2024. GDP shrunk by 11.7 percent in 2021 and by almost 26 percent in 2020.
The report said that the biggest hit to GDP in 2022 came from the import of both food and energy commodities. The country may have she...more |
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PRESS COVERAGE |
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Other local and international press coverage
on business and economic stories on Lebanon
Click to view
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| | | | PROPERTY FINDER | | | | | APARTMENTS FOR SALE | | | | Kornet Chehwan.550 m2. 3 Bedroom(s), 2 Salon(s), 1 Dining room(s), 2 Living room(s), $550,000 | | | | Raouche.231 m2. 4 Bedroom(s), 2 Salon(s), 1 Dining room(s), 3 Bathroom(s), 1 Maid's Room(s). $690,000 | | | | Baabda.330 m2. 4 Bedroom(s), 2 Salon(s), 1 Dining room(s), 1 Living room(s), 4 Bathroom(s), 1 Maid's Room(s). $270,000 | | | | Aabrin.300 m2. 3 Bedroom(s), 4 Bathroom(s), $230,000 | | | | Achrafieh.130 m2. 2 Bedroom(s), 3 Bathroom(s), $200,000 | | |
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