Lebanon recorded a Government Budget deficit equal to 0.40 percent of the country's Gross Domestic Product in 2023. Government Budget in Lebanon averaged -7.20 percent of GDP from 2010 until 2023, reaching an all time high of -0.40 percent of GDP in 2023 and a record low of -11.30 percent of GDP in 2018. source: International Monetary Fund




Related Last Previous Unit Reference
Government Budget -0.40 -6.60 percent of GDP Dec 2023
Government Debt 1406379.00 125821.00 LBP Billion Feb 2023
Government Debt to GDP 195.20 255.20 percent of GDP Dec 2023

Lebanon Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -6.60 -0.40 -11.30 2010 - 2023 percent of GDP Yearly