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Syria

Headline economic indicators for Syria, with the most recent official readings.

Prices

Prices — Syria
Indicator Value Change
Inflation rate · 13.4% +12.48 (+1,325.9%)
Consumer price index · 614.9 +72.75 (+13.4%)
GDP deflator inflation · 107.4% -11.02 (-9.3%)

GDP

GDP — Syria
Indicator Value Change
GDP growth rate · -0.2% -1.99 (-111.3%)
GDP per capita · 1,056.78 +368.22 (+53.5%)
GDP per capita, long-run history · 2,495 -187.58 (-7.0%)
GDP · 23,737,634,644.4 +8,844,749,116 (+59.4%)
GDP, PPP · 110,180,384,541 +7,107,522,594 (+6.9%)
GDP per capita, PPP · 4,905 +139.62 (+2.9%)
GDP per capita growth · -3.9% -2.97 (-316.7%)
GNI per capita · 720 -10.00 (-1.4%)
Agriculture to GDP · 42.9% +4.18 (+10.8%)
Industry to GDP · 11.9% -6.05 (-33.6%)
Services to GDP · 44.7% +5.01 (+12.6%)
Household consumption to GDP · 114.2% +36.68 (+47.3%)
Gross capital formation to GDP · 16.0% +2.07 (+14.9%)
Gross savings to GDP · 15.8% +3.65 (+29.9%)

Labour

Labour — Syria
Indicator Value Change
Unemployment rate · 13.6% +0.21 (+1.6%)
Labour force participation rate · 36.9% -0.09 (-0.2%)
Female labour force participation rate · 12.7% -0.04 (-0.4%)
Youth unemployment rate · 33.1% +0.33 (+1.0%)
Employment to population ratio · 31.9% -0.16 (-0.5%)
Employment in agriculture · 16.3% -0.15 (-0.9%)
Employment in industry · 25.2% -0.23 (-0.9%)
Employment in services · 58.5% +0.38 (+0.7%)

Money

Money — Syria
Indicator Value Change
Broad money to GDP · 57.8% -14.16 (-19.7%)
Private sector credit to GDP · 20.7% -1.19 (-5.4%)
Official exchange rate · 2,505.75 +1,250 (+99.5%)

Trade

Trade — Syria
Indicator Value Change
Current account to GDP · -0.6% +1.30 (+68.5%)
Exports to GDP · 6.8% -8.17 (-54.7%)
Imports to GDP · 28.7% -15.39 (-34.9%)
Trade to GDP · 35.4% -23.56 (-39.9%)
Exports of goods and services · 1,608,744,496.23 -617,864,077 (-27.7%)
Imports of goods and services · 6,803,218,572.24 +242,725,002 (+3.7%)
Trade balance, goods and services (annual) · 196,994,859.36 +1,181,865,135 (+120.0%)
Current account balance (annual) · -367,388,473.02 +662,136,775 (+64.3%)
Foreign direct investment to GDP · 1.2% -1.20 (-50.2%)
Remittances received to GDP · 2.6% +0.15 (+5.9%)
Total reserves, including gold · 20,631,907,296.87 +2,331,572,507 (+12.7%)
Reserves in months of imports · 11.7 -0.46 (-3.8%)
External debt to GNI · 25.3% +4.02 (+18.9%)

Government

Government — Syria
Indicator Value Change
Government consumption to GDP · 2.7% -3.88 (-58.9%)
Education spending to GDP · 5.1% +0.53 (+11.6%)
Health spending to GDP · 2.7% -0.67 (-19.9%)

Demography

Demography — Syria
Indicator Value Change
Population · 25,620,427 +947,667 (+3.8%)
Population, long-run history · 20,985 +759.62 (+3.8%)
Population growth · 3.8% -0.70 (-15.6%)
Life expectancy · 72.6 +0.44 (+0.6%)
Fertility rate · 2.70 -0.01 (-0.4%)
Birth rate · 23.2 +1.05 (+4.8%)
Death rate · 4.9 -0.11 (-2.1%)
Urban population share · 72.1% +0.01 (+0.0%)
Population aged 65 and over · 4.8% +0.10 (+2.1%)
Under-five mortality rate · 18.4 -1.70 (-8.5%)
Population density · 134.4 +5.87 (+4.6%)
Net migration · 421,693 -124,801 (-22.8%)
Gini index · 26.4 -14.00 (-34.7%)

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

Syria

Economies nearby

Comparable readings from neighbouring economies.