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Browse Profiles > Lebanon > Business Indicators |
| Score | Rank | |
| Standards Compliance Index | 13.33 out of 100 | 71 |
| Business Indicator Index | 5.57 out of 12 | 70 |
Lebanon| Business Indicators |  |
With an overall score of 5.7/12 Lebanon is below standard on the economic, legal, and political indicators that make up our Business Index. Lebanon has a market-based statist economy, in which total government expenditure, including consumption and transfer payments, is moderate. Government spending equaled 34.5 percent of GDP, and 23.8 percent of government revenues came from state-owned enterprises and government ownership of property. Lebanon is open to foreign investment and provides national treatment to foreign investors. However, there are restrictions against foreign investment in several sectors, as well as unofficial barriers such as outdated legislation and a weak judicial system. On the other hand, Lebanon offers a variety of incentive packages, including tax incentives. Secured interests in property are enforced, but intellectual property rights enforcement in weak. Political instability may be another deterrent from investment. Corruption is manageable, as reflected in Lebanon's ranking of 99th out of 180 countries in Transparency International's 2007 Corruption Perceptions Index.
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Business Indicators |
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