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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 515.00
515 515 515 515 515
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate -5.30
percent
-3 -3 -3 -3 2.6
GDP 73.67
USD Billion
72.6 74.7 76.8 58 75
GDP Constant Prices 1469703.00
SYP Million
1474002 1486538 1499074 1511610 1253653
Gross Fixed Capital Formation 30033.60
SYP Million
27618 29225 30833 32440 37036
GDP per capita 1700.39
USD
1679 1684 1688 1100 1470
GDP per capita PPP 4684.72
USD
4606 4627 4648 3990 4680
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 14.30
percent
25 25 25 25 22
Population 18.43
Million
17.8 17.8 17.8 17.8 19
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 43.20
percent
21 25 26.2 18 8
Consumer Price Index CPI 773.40
Index Points
772 760 748 736 621
Food Inflation 46.60
percent
35.6 29.82 28.17 28.55 30.51
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Deposit Interest Rate 6.22
percent
5.33 5.07 4.81 4.55 4.44
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 9394.50
SYP Million
-11532 -11878 -12209 -12526 -14601
Exports 84431.40
SYP Million
121526 121813 122078 122322 123699
Imports 75036.90
SYP Million
131769 132492 133175 133818 137817
Current Account -418.30
SYP Billion
-600 -600 -600 -700 -400
Current Account to GDP -0.62
percent
-15 -15 -15 -12 -9
Gold Reserves 25.80
Tonnes
25.8 25.8 25.8 25.8 25.81
Crude Oil Production 14.00
BBL/D/1K
19 19 19 19 35.34
Terrorism Index 8.62
8.26 8.25 8.24 8.23 6.83
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 30.01
percent
68 68 68 68 77
Government Budget -11.40
percent of GDP
-10.51 -10.96 -11.42 -11.88 -4.64
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 1814.14
KBps
1411 1395 1419 1394 1369
IP Addresses 554074.00
IP
519281 510409 505055 499231 455976
Corruption Index 13.00
Points
17 16 16 16 21
Corruption Rank 173.00
165 170 174 179 155
Competitiveness Index 3.85
Points
3.85 3.85 3.85 3.85 3.85
Competitiveness Rank 98.00
94 94 94 94 89
Ease of Doing Business 174.00
171 171 172 172 168
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 22.47
mm
48.27 16.26 0.74 33.62 25.27
Temperature 7.28
celsius
8.7 21.75 27.77 13.64 18.36