Lebanon is the third-highest indebted country in the world in terms of debt-to-GDP ratio. In 2018, the size of the GDP was estimated to be $54.1 billion. After 2011, the local economy was affected by the Syrian civil war, growing by a yearly average of 1.7% on the 2011–2016 period and by 1.5% in 2017. The economy significantly expanded after the 2006 Lebanon War, with growth averaging 9.1% between 20. In 2018 government spending amounted to $15.9 billion, or 23% of GDP. The nominal GDP was estimated at $19 billion in 2020, with a per capita GDP amounting to $2,500. It is classified as a developing, lower-middle-income economy.

The economy of Lebanon has been experiencing, as of late 2019, a large-scale, multi-dimensional crisis, including a banking collapse, a liquidity crisis and a sovereign default. Lira Rate faq, information about LBP Exchange Rate and more.

'Lollar' (bank withdrawals of US$ in LL) = LL 8,000.

Official 'Sayrafa' rate = LL 28,000 (September 2021).

Official government rate = LL 1,507.5 the government plans to move this gradually to 15,000.

The BdL is also the dominant shareholder of the Intra Investment Company (IIC) which in turn owns 53% of Casino du Liban, making it the only central bank worldwide to rule over a Las Vegas-style gambling casino. It currently owns 99.37% of the shares of Lebanon's national carrier, Middle East Airlines. Banking is a very important part of Lebanon's economy with over 100 different banks, which makes the role of BdL particularly important. Other responsibilities include maintaining monetary stability, regulation of money transfers, and maintaining the soundness of the banking sector. One of the main responsibilities of the bank is issuing Lebanon's currency, the Lebanese Pound. It was established on August 1, 1963, and became fully operational on April 1, 1964. Banque du Liban (BdL, Arabic: مصرف لبنان, English: Bank of Lebanon) is the central bank of Lebanon.

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