East Mediterranean

Lebanon

Lebanon’s corrupt and inefficient government has long hindered development. The new government is talking a good game – particularly on powergen – but real reforms are needed to right the ship.

State of Play

Lebanon is dreaming of gas riches with a Total-led consortium set to drill in 2019. However the country faces more pressing concerns. Donors contributed $12bn at April’s Cedre conference in Paris, in hope to benefit Lebanon's creaky infrastructure and troubled economy. But the government does have to first overcome widespread corruption.

2018 In Numbers
Peak Load 2.1 GW
GDP 56.7 $bn
Growth 1 %GDP
Debt 85.4 $bn
Debt to GDP 149 %
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SELECTED DATA

Lebanon’s ‘Best Case Scenario’* Still Projects Electricity Deficits^ (Gw) Until 2024. Can GE & Siemens Do Any Better?

Lebanon Growth 1.7% A Year Since 2011 (% GDP)

Mena’s Vulnerable Economies Depend Heavily On Remittance Inflows (%GDP)

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