Syria (Syrian Arab Republic) Economic Statistics and Indicators

24, Feb 2020, EST. Welcome to the Syria economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Syria (Syrian Arab Republic) › Change country
National or Regional Currency: Syrian Pound, SYP
Year of data: 2015 › Change year
Number of Indicators Listed: 1
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 17,951,639 ; note: approximately 18,900 Israeli settlers live in the Golan Heights (2012) (July 2014 est.)
Area: total: 185,180 sq km ; land: 183,630 sq km ; water: 1,550 sq km ; note: includes 1,295 sq km of Israeli-occupied territory
Natural Resources: petroleum, phosphates, chrome and manganese ores, asphalt, iron ore, rock salt, marble, gypsum, hydropower
Capital: name: Damascus ; geographic coordinates: 33 30 N, 36 18 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins midnight on the last Friday in March; ends at midnight on the first Friday in November

Despite modest economic growth and reform prior to the outbreak of unrest, Syria's economy continues to deteriorate amid the ongoing conflict that began in 2011. The economy further contracted in 2013 because of international sanctions, widespread infrastructure damage, reduced domestic consumption and production, and sharply rising inflation. The government has struggled to address the effects of economic decline, which include dwindling foreign exchange reserves, rising budget and trade deficits, and the decreasing value of the Syrian pound. The ongoing conflict and economic decline have created a humanitarian crisis, prompting widespread need for international aid. Prior to the unrest, Damascus began liberalizing economic policies, including cutting lending interest rates, opening private banks, consolidating multiple exchange rates, raising prices on some subsidized items, and establishing the Damascus Stock Exchange. The economy remains highly regulated by the government. Long-run economic constraints include foreign trade barriers, declining oil production, high unemployment, rising budget deficits, increasing pressure on water supplies caused by heavy use in agriculture, rapid population growth, industrial expansion, and water pollution.
More on the Syria Economy
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GDP (Constant Prices, National Currency) for Syria in year 2015 is SYP n/a Billion.

GDP Growth (Constant Prices, National Currency) for Syria in year 2015 is n/a %.

GDP (Current Prices, National Currency) for Syria in year 2015 is SYP n/a Billion.

GDP (Current Prices, US Dollars) for Syria in year 2015 is US$ n/a Billion.

GDP Deflator for Syria in year 2015 is n/a (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Syria in year 2015 is SYP n/a .

GDP Per Capita (Current Prices, National Currency) for Syria in year 2015 is SYP n/a .

GDP Per Capita (Current Prices, US Dollars) for Syria in year 2015 is US$ n/a .

GDP (PPP), US Dollars for Syria in year 2015 is US$ n/a Billion.

GDP Per Capita (PPP), US Dollars for Syria in year 2015 is US$ n/a .

GDP Share of World Total (PPP) for Syria in year 2015 is n/a %.

Implied PPP Conversion Rate for Syria in year 2015 is n/a .

Investment (% of GDP) for Syria in year 2015 is n/a %.

Gross National Savings (% of GDP) for Syria in year 2015 is n/a %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Syria in year 2015 is n/a (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Syria in year 2015 is n/a %.

Inflation, End of Year (Indexed to Year 2000) for Syria in year 2015 is n/a (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Syria in year 2015 is n/a %.

Import Volume of All Items Including Goods and Services (Percent Change) for Syria in year 2015 is n/a %.

Import Volumes of Goods Only (Percent Change) for Syria in year 2015 is n/a %.

Export Volume of All Items Including Goods and Services (Percent Change) for Syria in year 2015 is n/a %.

Export Volumes of Goods Only (Percent Change) for Syria in year 2015 is n/a %.

Unemployment Rate (% of Labour Force) for Syria in year 2015 is n/a %.

Population for Syria in year 2015 is n/a Million .

General government revenue (National Currency) for Syria in year 2015 is SYP n/a Billions.

General government revenue (% of GDP) for Syria in year 2015 is n/a %.

General government total expenditure (National Currency) for Syria in year 2015 is SYP n/a Billions.

General government total expenditure (% of GDP) for Syria in year 2015 is n/a %.

Total Government Net Lending/ Borrowing (National Currency) for Syria in year 2015 is SYP n/a Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Syria in year 2015 is n/a %.

Fiscal Year Gross Domestic Product, Current Prices for Syria in year 2015 is SYP n/a Billions.

Current Account Balance (US Dollars) for Syria in year 2015 is US$ n/a Billion.

Current Account Balance (% GDP) for Syria in year 2015 is n/a %.