Lebanon's national debt reached 45.57 billion U.S. dollars in 2023.
Understanding Lebanon's National Debt
Lebanon's national debt experienced a significant increase in 2023, peaking at 45.57 billion U.S. dollars. This figure represents a substantial rise compared to the previous year, with an increase of 26.9 billion U.S. dollars, marking a 144.08 percent surge.
This considerable growth highlights the severe financial challenges faced by the nation. The escalating debt reflects a complex economic landscape and ongoing fiscal pressures.
Key Figures for Lebanon's National Debt
To provide a clear overview, here are the key figures related to Lebanon's national debt in 2023:
| Metric | Value |
|---|---|
| National Debt (2023) | 45.57 billion USD |
| Increase from Prior Year | 26.9 billion USD |
| Percentage Increase | 144.08% |
This data underscores the critical financial situation Lebanon is navigating, with its public debt reaching unprecedented levels.
