Lebanon's budget balance in relation to GDP 2023

In 2023, the budget balance in relation to the GDP in Lebanon increased by 6.2 percentage points compared to 2022. Therefore, the budget balance in Lebanon reached a peak in 2023 with -0.39 percent. Nevertheless, the last two years recorded a significantly lower budget balance than the preceding years.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

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