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USD 20,749 the average annual family spending in Lebanon in 2012 according to CAS

17-3-2014

The survey of household budget for 2012 carried out by the Central Administration for Statistics (CAS) indicates that the average annual household spending rose to USD 20,749 in 2012 compared to USD 12,764 in 2004 thus scoring an annual increase of 6.3% between 2004 and 2012.  According to that same study, spending on accommodation and utilities (water, electricity, gas and other combustible fuel) constitutes 28.5% of total spending (i.e. USD 5,913 per year).  This is followed by spending on food and non alcoholic beverages constitutes 20.6% of total spending (i.e. USD 4,266 per year), transportation 13.1% (i.e. USD 2,719), health care 7.8% (i.e. USD 1,623), education 5.9% (i.e. USD 1,215), clothing 5.4% (i.e. USD 1,118) and finally, communication 4.6% (i.e. USD 948).  To be noted that according to the study referred to by Bank Byblos weekly newsletter, Lebanon this Week, spending on accommodation alone used up 16.6% of household spending in 2012.
Source: L’Orient Le Jour 13 March 2014

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