Government Spending in Lebanon increased to 13792.71 LBP Billion in 2018 from 8960.03 LBP Billion in 2017. Lebanon Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Lebanon averaged 5906.93 LBP Billion from 1970 until 2018, reaching an all time high of 13792.71 LBP Billion in 2018 and a record low of 1671.52 LBP Billion in 1976. This page provides - Lebanon Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Lebanon is expected to reach 13944.00 LBP Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Government Spending is projected to trend around 14293.00 LBP Billion in 2021 and 14665.00 LBP Billion in 2022, according to our econometric models.

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Lebanon Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
13792.71 8960.03 13792.71 1671.52 1970 - 2018 LBP Billion Yearly
Constant Prices 2010, NSA

Lebanon Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.