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In 2001, the tourism sector was one of the fastest growing sectors of the economy, with the number of tourists visiting Lebanon between 1996 and 2000 growing at the rate of 14 percent annually. [34] In 2003 the tourism industry contributed 6.374 billion U.S. dollars to the Lebanese economy and in 2005 the receipts per capita reached 1,433 U.S ...
The GDP growth rate declined to around 1 percent in 2018. [62] In August 2019, the USD parallel exchange rate started diverging from the official exchange rate; the official exchange rate for the USD had been £L 1,507.5 since 1997, while the parallel exchange rate was £L1,600 in the fall of 2019 and would increase to around £L4,200 in May 2020.
However, it was the National Tourism Council (CNT or Conseil National du Tourisme in French), a private organization, which effectively promoted tourism in Lebanon. The growth of tourism on a global scale led to the creation of the Ministry of Tourism in 1966 (Law 21/66, issued on March 29, 1966), composed of the General Directorate of Tourism ...
Natural Growth Rate in Lebanon throughout years. The balance of power has been slightly adjusted in the 1943 National Pact, an informal agreement struck at independence, in which positions of power were divided according to the 1932 census. The Sunni elite was then accorded more power, but Maronites continued to dominate the system. The ...
Lebanon has witnessed immense struggle with respect to its growth rate. It is important to mention that regardless these struggles, the Lebanese economy has shown a high level of resilience in the face of regional instability, supported by sectors such as tourism and construction.
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The table below shows annual population growth rate history and projections for various areas, countries, regions and sub-regions from various sources for various time periods. The right-most column shows a projection for the time period shown using the medium fertility variant. Preceding columns show actual history.
Lebanon, [b] officially the Republic of Lebanon, [c] is a country in the Levant region of WestSituated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, [11] it is bordered by Syria to the north and east, Israel to the south, and the Mediterranean Sea to the west; Cyprus lies a short distance from the coastline.