Economic Research | Lebanon This Week | Lebanon This Week 539 | Nine out of 10 of Lebanese consider the country's economic situation to be 'bad' or 'very bad' | Lebanon | Byblos Bank

You are being redirected to .

 

Please Rotate your screen to portrait, for best viewing.

Byblos Bank

Lebanon This Week 539

|

Nine out of 10 of Lebanese consider the country's economic situation to be 'bad' or 'very bad'

A survey conducted by the Doha-based Arab Center for Research & Policy Studies indicated that 48% of Lebanese consider that the economic situation in Lebanon is 'bad', 42% say that it is 'very bad', while only 9% believe that it is 'good' and 1% consider it to be 'very good'. The perception about economic conditions in Lebanon improved from the 2016 survey when 65% of Lebanese respondents believed that the economic situation was 'very bad', and from the 2015 survey when 71% of respondents said the economy was 'very bad'. 

Overall, 90% of Lebanese respondents believe that the economic situation in Lebanon is 'bad' or 'very bad', nearly unchanged from 89% of respondents in the 2016 survey and relative to 95% in the 2015 survey. The percentage of respondents in Lebanon who consider that the economic situation in the country is 'bad' or 'very bad' is, along with that in Tunisia, the highest among 11 Arab economies covered in the survey, and is significantly higher than the average of 59% of respondents in the Arab region who share similar views. 

In parallel, the survey showed that 84% of Lebanese do not wish to emigrate to another country, compared to 69% of respondents who did not wish to emigrate in the 2016 survey. The percentage of respondents in Lebanon who wish to emigrate to another country is the third lowest regionally, and is lower than the average of 26% of respondents in the Arab region who wish to emigrate to another country. Respondents in the Arab world indicated that the main reason behind their desire to emigrate is to improve their financial situation.  

The survey was conducted in 11 Arab countries through face-to-face interviews as part of the Arab Center for Research & Policy Studies' 2017-2018 Arab Opinion Index. It covered a sample of 18,830 respondents in Egypt, Iraq, Jordan, Kuwait, Lebanon, Mauritania, Morocco, Palestine, Saudi Arabia, Sudan and Tunisia.
Cookies Information

To optimize this website's functionality, we may utilize cookies, which are small data files stored on your device. This common practice helps improve your browsing experience.

Privacy settings

Choose which cookies you wish to enable.
You can change these settings at any time. However, this can result in some functions no longer being available. For more information on deleting cookies, please consult your browser help function.
LEARN MORE ABOUT THE COOKIES WE USE.

Use the slider to enable or disable various types of cookies:

Necessary
Functionality
Analytics
Marketing

This website will:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location

This website won't:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location


Save And Close