Lebanon's budget balance in relation to GDP 2020
The budget balance in relation to the gross domestic product in Lebanon increased significantly by 6.9 percentage points in 2020 in comparison to the previous year. Therefore, the budget balance in Lebanon reached a peak in 2020 with -3.52 percent.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the gross domestic product in countries like Saudi Arabia, Iraq and Jordan.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the gross domestic product in countries like Saudi Arabia, Iraq and Jordan.
