Economic Research | Lebanon This Week | Lebanon This Week 529 | Lebanon's net wealth per capita at $65,148, 73rd highest worldwide and ninth highest in MENA region | Lebanon | Byblos Bank

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Byblos Bank

Lebanon This Week 529

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Lebanon's net wealth per capita at $65,148, 73rd highest worldwide and ninth highest in MENA region

The World Bank estimated Lebanon's wealth per capita at $65,148, the 73rd highest among 141 countries worldwide and the ninth highest out of 16 countries in the Middle East & North Africa (MENA) region. The World Bank broadened the measures used to assess a country's economic progress by including wealth as a complementary indicator to gross domestic product (GDP). It measured the national wealth of 141 countries based on four asset categories that are human capital, produced capital & urban land, natural capital, and net foreign assets. 

Lebanon had a higher level of national wealth per capita than Thailand ($62,599), Ukraine ($56,053) and Albania ($53,107), while it had a lower level of wealth than South Africa ($77,348), Jamaica ($71,766) and the Republic of Congo ($68,779) among economies with a GDP of $10bn or more. Lebanon's wealth per capita was lower than the global level of $168,580 per capita, the wealth level of $158,892 per capita in the MENA region and the UMIC's level of $112,798 per capita, while it was higher than the wealth level of $48,495 per capita among low- and middle-income countries in the MENA region. 
 
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