Government Consumption in Lebanon
The Lebanese economy recorded an average growth rate of -5.7% in the decade to 2021. In 2021, government consumption growth was -76.0%.
Lebanon Government Consumption Chart
Note: This chart displays Government Consumption (ann. var. %) for Lebanon from 2012 to 2023.
Source: Macrobond.
Lebanon Government Consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Government Consumption (ann. var. %) | 2.8 | -53.7 | -76.0 | 34.9 | -18.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Lebanese government consumption projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable government consumption forecast available for Lebanese government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Lebanese government consumption projections.
Want to get access to the full dataset of Lebanese government consumption forecasts? Send an email to info@focus-economics.com.