Lebanon

Capital: Beirut
Population: 3.971.941 (June 2008)
Area: 10, 400 SQ KM
Currency: Lebanese Pound
Currency Code: LBP
GDP Per Capita (PPP): $ 11, 300
GDP (Purchasing Power Parity): $42.27 Billion
GDP (Official Exchange Rate): $24.64 Billion
GDP Real Growth Rate: 4%
GDP Composition by Industry Sector: Agriculture: 5.1% - Industry: 19% - Services: 75.9%

Industry: Banking, Tourism, Food Processing, Wine, Jewellery, Cement, Textiles, Mineral and Chemical Products, Wood and Furniture Products, Oil Refining, Metal Fabricating.

Economy: Lebanon’s economy is best described as a private and liberal economy with openness to foreign investment, and capital and labour mobility.  The country’s private sector contributes to around 75% of aggregate demand, and is a major pillar for growth and recovery.  The Lebanese economy is also a typical open economy with a large banking sector providing essential support to aggregate demand.