Government Spending in Lebanon increased to 14618.83 LBP Billion in 2019 from 13792.71 LBP Billion in 2018. source: Central Administration for Statistics, Lebanon

Government Spending in Lebanon averaged 6081.17 LBP Billion from 1970 until 2019, reaching an all time high of 14618.83 LBP Billion in 2019 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 September of 2021.

Government Spending in Lebanon is expected to reach 10528575.84 LBP Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Government Spending is projected to trend around 13968.00 LBP Billion in 2022 and 14318.00 LBP Billion in 2023, according to our econometric models.

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Lebanon Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
14618.83 13792.71 14618.83 1671.52 1970 - 2019 LBP Billion Yearly
Constant Prices 2010, NSA

Lebanon Government Last Previous Highest Lowest Unit
Government Debt to GDP 171.70 174.50 183.00 131.00 percent of GDP [+]
Government Budget -16.50 -10.50 -5.92 -16.50 percent of GDP [+]
Government Budget Value -1287507.00 -130759.00 829967.00 -1662466.00 LBP Million [+]
Government Spending 14618.83 13792.71 14618.83 1671.52 LBP Billion [+]
Government Revenues 708376.00 1646451.00 2658114.00 174236.00 LBP Million [+]
Fiscal Expenditure 1995883.00 1777210.00 2797788.00 239680.00 LBP Million [+]
Military Expenditure 1036.00 2521.00 2938.00 290.00 USD Million [+]
Government Debt 130999.00 130784.00 130999.00 4974.10 LBP Billion [+]
Credit Rating 11.00 [+]

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.