Government Spending in Lebanon increased to 14764.13 LBP Billion in 2020 from 14618.83 LBP Billion in 2019. source: Central Administration for Statistics, Lebanon

Government Spending in Lebanon averaged 6251.42 LBP Billion from 1970 until 2020, reaching an all time high of 14764.13 LBP Billion in 2020 and a record low of 1671.52 LBP Billion in 1976. This page provides - Lebanon Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lebanon Government Spending - values, historical data and charts - was last updated on June of 2022.

Government Spending in Lebanon is expected to reach 14469.00 LBP Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Government Spending is projected to trend around 14179.00 LBP Billion in 2023 and 14534.00 LBP Billion in 2024, according to our econometric models.

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Lebanon Government Spending

Related Last Previous Unit Reference
Government Spending 14764.13 14618.83 LBP Billion Dec 2020

Lebanon Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
14764.13 14618.83 14764.13 1671.52 1970 - 2020 LBP Billion Yearly
Constant Prices 2010, NSA