The economy of Lebanon is a developing economy, with a private sector that contributes to 75% of aggregate demand and a large banking sector that supports this demand. The IMF forecast a growth of 7% for Lebanon's real GDP in 2010 and 2011 following 9% growth in 2009 and 8.5% in 2008 it has 54th richest GDP per capita in the world it is forecasted that Lebanon per capita will be 19,100 by 2015 which makes it one of the strongest in the region.
The major industrial sectors include metal products, banking, agriculture, chemicals, and transport equipment. Lebanon has a competitive and free market regime and a strong laissez-faire commercial tradition. The Lebanese economy is service-oriented; main growth sectors include banking and tourism. There are no restrictions on foreign exchange or capital movement
Read more about Economy Of Lebanon: History, Macro-economic Trend, Opportunity Cost of Conflict, External Trade, Investment, Reforms, Economic Growth, Salaries of Lebanon
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