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TOOL · GROSS COST

How much would a basic income cost in Lebanon?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 4,231,056child population 1,542,437year 2023World Bank WDI

GROSS ANNUAL COST

48,022 million

in LBPLBP 48,021,835,200

Equal to 0.0% of reference GDP

Population covered: 5,773,493 people

Adults: 4,231,056 × LBP 800 × 12 = LBP 40,618,137,600

Children: 1,542,437 × LBP 400 × 12 = LBP 7,403,697,600

LBP 40,618,137,600 + LBP 7,403,697,600 = LBP 48,021,835,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $20,078,620,357 · World Bank WDI

Currency LBP · exchange rate 13,875.6250 LBP/USD (2023)

Converted cost $3,460,877 for the GDP share.