Macroeconomy

Macroeconomy

The Central Administration for Statistics (CAS) releases in this document the Gross Domestic Product (GDP) estimates for 2014 and 2015, with revised figures for 2012 and 2013. The estimates of the Gross National Income (GNI) and the Gross National Disposable Income (GNDI) for the years 2013, 2014 and 2015 are also available for the first time.

Note that: The Gross National Income GNI is equal to GDP less primary incomes (Compensation of employees and property income such as interest, dividends and other...) payable to non-resident units plus primary incomes receivable from non-resident units. In contrast to GDP, GNI is not a concept of value added, but a concept of income.

The Gross National Disposable Income GNDI is equal to GNI less current transfers (remittances and other transfers…) payable to non-resident units, plus the corresponding transfers receivable by resident units from the rest of the world. Gross national disposable income measures the income available to the total economy for final consumption and gross savings.

Primary income and current transfers data are derived from the Balance of Payments produced by Banque du Liban.


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