The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Lebanon  
Rank: 106 · Score: 25.2  

Basic facts        
Population (millions) 5.5   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 30.0   M&A volume (quartile) Bottom
GDP per capita (US$) 5,465.4   Venture capital investments (quartile) 2nd
GDP growth (per cent) -25.9   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 106 41, 38, 32, 35, 19 25.2
1 Economic Activity 125 19, 8, 0, 17, 0 13.5
2 Depth of Capital Market 96 42, 42, 43, 34, 29 12.4
3 Taxation 27 101, 90, 95, 97, 98 104.4
4 Investor Protection and Corporate Governance 103 22, 20, 20, 22, 22 42.7
5 Human and Social Environment 97 30, 35, 30, 28, 28 24.9
6 Entrepreneurial Opportunities 66 61, 60, 60, 58, 59 47.7


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Lebanon  
Middle East
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Oman 76.4 51.6 113.3 67.7 34.3 31.1
Kuwait 77.9 45.5 113.9 66.9 29.1 38.7
Qatar 83.7 32.8 127.8 47.2 42.1 50.7
Bahrain 70.2 32.0 101.3 77.5 35.1 40.7
Jordan 50.1 32.6 87.8 67.4 35.5 45.6
Lebanon 13.5 12.4 104.4 42.7 24.9 47.7
Syria 54.4 5.0 73.9 38.8 10.2 28.3
Last updated: 4 Nov 2023