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Lebanon

Issuer website
Government website

Issuer

Abbreviation 

Email

Phone

Location

Capital

Official languages

Population

Currency

ISO 4217

Beirut

Lebanon

Arabic, French

5,353,930

LBP

Lebanese Pound

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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<Economy>

Lebanon's economy has been in a state of decline in recent years. According to the World Bank, the country's GDP growth rate has dropped from 4.2% in 2018 to -12.2% in 2019. This is largely due to the political and economic crisis that has been gripping the country since October 2019. The country's unemployment rate has also risen from 8.3% in 2018 to 25.2% in 2019. Inflation has also been on the rise, with the consumer price index increasing from 4.2% in 2018 to 8.2% in 2019. The country's public debt has also increased significantly, reaching a staggering 170.2% of GDP in 2019. These figures demonstrate the severity of the economic crisis in Lebanon and the urgent need for reform.

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