17 July 2008
BEIRUT: The World Bank ranked Lebanon in 82nd place among 185 nations and 15th in the Middle East and North Africa region in terms of nominal gross domestic product for 2007, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group.
Lebanon also ranked in 20th place among 32 upper middle-income countries. The World Bank estimated Lebanon's nominal GDP at $24 billion in 2007, accounting for 0.05 percent of global GDP, 0.4 percent of the aggregate GDP of upper middle-income countries, as well as for 1.4 percent of total GDP in the MENA region and for 1.9 percent of the GDP of Arab economies.
Globally, Lebanon ranked ahead of Uruguay, Uzbekistan and Estonia and came immediately behind Costa Rica, Latvia and Kenya. Also, Lebanon ranked ahead of Uruguay, Estonia and Trinidad & Tobago and behind Costa Rica, Latvia and the Dominican Republic among upper middle-income countries.
Regionally, it came ahead of Yemen, Bahrain, Jordan and the West Bank & Gaza, while it ranked immediately behind Tunisia, Oman and Syria. - The Daily Star
Copyright The Daily Star 2008.
