Income Per Capita Lebanon

Government spending amounted to 15 9 billion in 2018 or 23 of gdp.

Income per capita lebanon. The gross domestic product per capita in lebanon was last recorded at 14717 40 us dollars in 2019 when adjusted by purchasing power parity ppp. Learn how the world bank group is helping countries with covid 19. This data is based on self reported data that was gathered between 2006 and 2012. In this article we ll explore the median income around the world.

Poverty headcount ratio at national poverty lines of population. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. All countries and economies. Gdp per capita ppp in lebanon averaged 14928 85 usd from 1990 until 2019 reaching an all time high of 19499 20 usd in 2010.

Gdp per capita in lebanon averaged 5782 07 usd from 1988 until 2019 reaching an all time high of 7761 60 usd in 2010 and a record low of 2442 70 usd in 1989. Co2 emissions metric tons per capita details. The annual growth rate of gdp was estimated at 1. This page provides lebanon gdp per capita actual.

The gross domestic product per capita in lebanon was last recorded at 5858 20 us dollars in 2019. Gdp per capita ppp current international gdp per capita current lcu gdp per capita ppp constant 2017 international inflation gdp deflator annual oil rents of gdp download. The economy of lebanon is classified as a developing upper middle income economy the nominal gdp was estimated 54 1 billion in 2018 with a per capita gdp amounting to 12 000. Lebanon from the world bank.

The table below lists countries in the world ranked by gdp at purchasing power parity ppp per capita along with the nominal gdp per capita. Lebanon income the us central intelligence agency cia reports that in 2001 lebanon s gross domestic product gdp was estimated at 18 8 billion. The gdp per capita in lebanon is equivalent to 46 percent of the world s average. Lebanon gni per capita for 2018 was 7 720 a 3 35 increase from 2017.

Lebanon s informal sector employees earn less than the monthly minimum wage of usd 450. Lebanon gni per capita for 2016 was 7 230 a 0 69 decline from 2015. The gdp per capita in lebanon when adjusted by purchasing power parity is equivalent to 83 percent of the world s average. Having said so there is also indication that wages and incomes are under declared for all income strata in part reflected by lebanon s low personal income tax to gdp ratio which stood at 0 8 percent of gdp in 2014 compared to 2 3 percent in selected non.

Lebanon gni per capita for 2017 was 7 470 a 3 32 increase from 2016. Online tool for visualization and analysis. Countries with the lowest median income include libera burundi mali benin togo sierra leone and madagascar. The lebanese economy significantly expanded after the war of 2006 with growth averaging 9 1 between 2007 and 2010.

According to 2013 data from gallup the median household income worldwide is 9 733.