Coincident Index in Lebanon decreased to 274 points in November from 280.90 points in October of 2019. Lebanon Coincident Index - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Coincident Index in Lebanon averaged 197.56 points from 1993 until 2019, reaching an all time high of 325.70 points in April of 2018 and a record low of 91.50 points in March of 1993. This page provides - Lebanon Coincident Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Coincident Index in Lebanon is expected to be 307.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Coincident Index in Lebanon to stand at 309.00 in 12 months time. In the long-term, the Lebanon Coincident Index is projected to trend around 309.00 points in 2021, according to our econometric models.

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Lebanon Coincident Index

Actual Previous Highest Lowest Dates Unit Frequency
274.00 280.90 325.70 91.50 1993 - 2019 points Monthly

Lebanon Coincident Index
Coincident Index is a monthly weighted average that measures economic activity and correlates with the business cycle. Its evolution is a barometric indication of the behavior of the domestic economy at large. It includes eight economic indicators that seek to reflect the current state of the economy in Lebanon: construction permits, cement deliveries, property sales, electricity production, merchandise trade, cleared checks,passengers at the airport, car sales. In general, increasing coincident index shows that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase. .