Lebanon Economy 5-6-25

Lebanon's nominal GDP is projected to be approximately $17.04 billion by the end of 2025.

In 2025, Lebanon's population is estimated to be around 5,849,421, according to Worldometer.

In 2025, Lebanon's nominal per capita GDP is projected to be approximately $4,180. 

From 2020 to the present, Lebanon's exports have seen a shift in key products. While the country's top exports remain diamonds, gold, and jewelry, the value of these exports has fluctuated, and new items have emerged as important export categories. For example, in 2023, motor cars and other motor vehicles were a significant export category, accounting for 12.5% of total exports. 

https://www.google.com/search?q=lebanon+exports+2020+to+present

In Lebanon, the government debt to nominal GDP ratio is projected to be 183.61% in 2025.

https://www.google.com/search?q=lebanon+debt+to+nominal+gdp+2020+to+2025

The crisis combines a foreign debt default, a currency devaluation and banking sector bankruptcy in a “perfect storm” unseen since the 19th century, according to the World Bank. More than an economic collapse, its consequences are threatening the survival of the country as we know it. Lebanon's crisis is no accident.

https://www.google.com/search?q=lebanon+current+political+situation

After gaining independence in 1943, Lebanon’s new political leaders created a system of governance that would allow for the proportional representation of the country’s three major religious groups: Maronite Christians (represented by the president), Shiite Muslims (represented by the speaker of parliament), and Sunni Muslims (represented by the prime minister). However, unresolved sectarian differences eventually devolved into a civil war that lasted from 1975 to 1990, in which both Israeli and Syrian forces intervened—and more than one hundred thousand people died. Syrian forces withdrew from Lebanon in 2005 following the assassination of Lebanese Prime Minister Rafiq Hariri, but a war between Israel and Hezbollah quickly followed in 2006. 

Since these hostilities, sectarian tensions between Hezbollah and other religious sects have increased, particularly among Sunnis and Maronite Christians. The unique balance of power within the country has made it increasingly difficult for all stakeholders to come to political agreements, especially when it comes to filling the presidency. In addition to a two-and-a-half-year leadership gap from 2014 to 2016, Lebanon is currently without a president after the conclusion of Michel Aoun’s contentious term in October 2022. Furthermore, Lebanese politics has become a proxy battleground for Iran, which provides support for Hezbollah; and Saudi Arabia, which backed former Prime Minister Saad Hariri and other Sunni politicians. 

https://www.cfr.org/global-conflict-tracker/conflict/political-instability-lebanon

Comments

Lebanon has a low GDP, a low Population, a low Per Capita GDP a high Debt to GDP and Hezbollah.

Lebanon was a prime European tourist destination in the 1950s until the Muslims ran the Christians out.

They need to have Hezbollah removed.  

Norb Leahy, Dunwoody GA Tea Party Leader