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IDD Code: 00
Country Code: 961
ISO: LB
ISO3: LBN
Time Time
Monday, December 23, 2024 Capital: Beirut
Time Zone Time Zone
UTC+02:00
Time Difference Time Difference
Beirut, Lebanon is ()
Daylight Savings Time Daylight Savings Time
Lebanon does not follow DST
Weather Weather
City Calling Code
Aley, Bhamadoun, Hammana, Shbanieh+961-5
Ashrafieh, Baabda, Badaro, Beirut, Bir Hassan, Chyah, Kaldeh+961-1
Baabdat, Bickfaya, Brumana+961-4
Baalbeck, Bekaa, Mashghara, Rayack+961-8
Ghazir, Junieh, Nahr Ibrahim, Qartaba+961-9
Marjeyoun, Saida, Sur+961-7
Tripoli+961-6
Country NameLebanon
ContinentAsia
Lat/Long33.85472100, 35.86228500
BackgroundFollowing World War I, France acquired a mandate over the northern portion of the former Ottoman Empire province of Syria. The French demarcated the region of Lebanon in 1920 and granted this area independence in 1943. Since independence the country has been marked by periods of political turmoil interspersed with prosperity built on its position as a regional center for finance and trade. The country's 1975-90 civil war that resulted in an estimated 120,000 fatalities, was followed by years of social and political instability. Sectarianism is a key element of Lebanese political life. Neighboring Syria has historically influenced Lebanon's foreign policy and internal policies, and its military occupied Lebanon from 1976 until 2005. The Lebanon-based Hizballah militia and Israel continued attacks and counterattacks against each other after Syria's withdrawal, and fought a brief war in 2006. Lebanon's borders with Syria and Israel remain unresolved.
Population6,237,738 (July 2016 est.)
LanguagesArabic (official), French, English, Armenian
ReligionsMuslim 54% (27% Sunni, 27% Shia), Christian 40.5% (includes 21% Maronite Catholic, 8% Greek Orthodox, 5% Greek Catholic, 6.5% other Christian), Druze 5.6%, very small numbers of Jews, Baha'is, Buddhists, Hindus, and Mormons
Ethnic GroupsArab 95%, Armenian 4%, other 1%
EconomyLebanon has a free-market economy and a strong laissez-faire commercial tradition. The government does not restrict foreign investment; however, the investment climate suffers from red tape, corruption, arbitrary licensing decisions, complex customs procedures, high taxes, tariffs, and fees, archaic legislation, and weak intellectual property rights. The Lebanese economy is service-oriented; main growth sectors include banking and tourism.

The 1975-90 civil war seriously damaged Lebanon's economic infrastructure, cut national output by half, and derailed Lebanon's position as a Middle Eastern entrepot and banking hub. Following the civil war, Lebanon rebuilt much of its war-torn physical and financial infrastructure by borrowing heavily, mostly from domestic banks, which saddled the government with a huge debt burden. Pledges of economic and financial reforms made at separate international donor conferences during the 2000s have mostly gone unfulfilled, including those made during the Paris III Donor Conference in 2007, following the July 2006 war.

Spillover from the Syrian conflict, including the influx of more than 1.1 million registered Syrian refugees, has increased internal tension and slowed economic growth to the 1-2% range in 2011-16, after four years of averaging 8% growth. Syrian refugees have increased the labor supply, but are blamed for pushing more Lebanese into unemployment. Chronic fiscal deficits have increased Lebanon’s debt-to-GDP ratio, the third highest in the world; most of the debt is held internally by Lebanese banks. Weak economic growth limits tax revenues, while the largest government expenditures remain debt servicing, salaries for government workers, and transfers to the electricity sector. These limitations constrain other government spending and limit the government’s ability to invest in necessary infrastructure improvements, such as water, electricity, and transportation.
GDP$51.82 billion (2016 est.)
CurrencyPound
Internet TLD.lb
Internet Users4.577 million
Land Lines970,000
Mobile Phones4.4 million
Broadcast Media7 TV stations, 1 of which is state owned; more than 30 radio stations, 1 of which is state owned; satellite and cable TV services available; transmissions of at least 2 international broadcasters are accessible through partner stations (2007)