Syria - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Syria including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Syria economy.


MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 515.00
515 515 515 515 515
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate -3.40
percent
-3 -3 -3 -9.67 -6.1
GDP 73.67
USD Billion
74.45 76.62 58 65 75
GDP Constant Prices 1469703.00
SYP Million
1425612 1425612 1275923 1327583 1230440
Gross Fixed Capital Formation 30033.60
SYP Million
29133 29133 26074 27129 25144
GDP per capita 1700.39
USD
1714 1100 1100 1350 1470
GDP per capita PPP 4684.72
USD
4705 4734 3990 4540 4680
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 15.20
percent
25 25 25 13.25 22
Population 18.43
Million
17.8 17.8 17.8 18.28 19
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 43.20
percent
25 26.7 18 18 8
Consumer Price Index CPI 782.90
Index Points
979 992 1149 924 1390
Food Inflation 46.60
percent
50 50 50 50 50
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Deposit Interest Rate 6.22
percent
5.13 4.88 4.63 4.48 5.77
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 9394.50
SYP Million
7976 7976 7976 7976 7976
Exports 84431.40
SYP Million
83513 83513 83513 83513 83513
Imports 75036.90
SYP Million
75537 75537 75537 75537 75537
Current Account -418.30
SYP Billion
-600 -600 -700 -211 -400
Current Account to GDP -0.62
percent
-15 -15 -12 -10 -9
Gold Reserves 25.80
Tonnes
25.8 25.8 25.8 25.8 25.8
Crude Oil Production 14.00
BBL/D/1K
19 19 19 14 14
Terrorism Index 8.62
8.25 8.24 8.23 8.13 6.34
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 30.01
percent
68 68 68 70 77
Government Budget -11.40
percent of GDP
-10.96 -11.42 -11.88 -11.43 -5.53
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 1814.14
KBps
1574 1610 1593 1584 1592
IP Addresses 554074.00
IP
514703 507387 509609 511926 504244
Corruption Index 14.00
Points
14 14 14 14 14
Corruption Rank 178.00
178 178 178 178 178
Competitiveness Index 3.85
Points
3.84 3.85 3.85 3.85 3.85
Competitiveness Rank 98.00
98 99 99 99 102
Ease of Doing Business 174.00
174 174 174 174 174
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 28.00
percent
28 28 28 28 28
Personal Income Tax Rate 22.00
percent
22 22 22 22 22
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 22.47
mm
16.26 0.74 33.62 48.37 25.27
Temperature 7.28
celsius
21.75 27.77 13.64 8.72 18.36