GDP at Previous Year's Prices: Hotels and Restaurants
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  • GDP at Previous Year's Prices: Hotels and Restaurants
    Location
    Lebanon
    Series ID
    134962
    Reference
    LEB134962A2023
    Currency code
    LBP
    Source
    Economena Analytics, Central Administration of Statistics
    Frequency
    Annual
    Unit
    Trillion
    Aggregation
    Period Sum
    Note
    These figures are used for aggregation purposes only. Since 2020, the Central Administration of Statistics has employed a unitary exchange rate — a weighted average of actual exchange rates applied to imports— to convert GDP and related aggregates between Lebanese pounds and US dollars. This methodology was implemented following the collapse of the official fixed exchange rate regime of 1,507.5 LBP per USD at the end of 2019, which led to widespread reliance on multiple parallel market rates. The unitary exchange rates used for the period were approximately 3,843.5 LBP/USD in 2020, 12,647.0 LBP/USD in 2021, 30,473.5 LBP/USD in 2022, and 87,472.3 LBP/USD in 2023. Figures from 2012 onwards have been updated following revisions.
    Start date
    2011
    End date
    2023
    Useful links
    www.cas.gov.lb
    Tags
    gdp
    previous
    year-s
    prices
    hotels
    restaurants
    annual
    central administration of statistics
    Suggested citation. Use of data is subject to Terms & Conditions
    Central Administration of Statistics, GDP at Previous Year's Prices: Hotels and Restaurants, retrieved from BRITE;
    https://brite.blominvestbank.com/series/GDP-at-Previous-Year-s-Prices-Hotels-and-Restaurants-134962/
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