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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 515.00
515 515 515 515 515
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate -3.40
percent
-3 -3 -9.67 -8.85 -6.1
GDP 73.67
USD Billion
58 58 65 65 75
GDP Constant Prices 641640.00
SYP Million
622391 622391 579593 584855 600204
Gross Fixed Capital Formation 30033.60
SYP Million
29133 29133 27129 27376 28094
GDP per capita 1700.39
USD
1100 1100 870 870 870
GDP per capita PPP 4684.72
USD
1100 1100 900 900 900
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 15.20
percent
25 25 14.72 14.65 22
Population 18.27
Million
17.8 17.8 18.16 18.14 19
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 27.10
percent
26.3 23.1 20.3 19.2 12
Consumer Price Index CPI 790.50
Index Points
998 973 951 942 1275
Food Inflation 25.90
percent
27 26.5 26.4 26.3 26.3
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Deposit Interest Rate 6.22
percent
4.8 4.8 5.3 5.3 5.7
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -1909953.00
SYP Million
-1702656 -1879657 -1869655 -1887056 -1887669
Exports 328519.00
SYP Million
264758 261233 256379 251526 260697
Imports 2238472.00
SYP Million
1967414 2113488 2126035 2138581 2148365
Current Account -418.30
SYP Billion
-600 -700 -211 -260 -400
Current Account to GDP -0.62
percent
-15 -12 -10 -10 -9
Gold Reserves 25.80
Tonnes
25.8 25.8 25.8 25.8 25.8
Crude Oil Production 25.00
BBL/D/1K
19 19 28.41 29.03 31.35
Terrorism Index 8.62
8.24 8.23 8.13 8.03 6.34
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 30.01
percent
68 68 70 70 77
Government Budget -11.40
percent of GDP
-12.91 -13.81 -14.19 -14.57 -17.81
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 1814.14
KBps
1610 1593 1584 1593 1592
IP Addresses 554074.00
IP
507387 509609 511926 509022 504244
Corruption Index 14.00
Points
15 15 15 16 20
Corruption Rank 178.00
172 170 171 171 171
Competitiveness Index 3.85
Points
3.85 3.85 3.85 3.85 3.85
Competitiveness Rank 98.00
99 99 99 99 102
Ease of Doing Business 174.00
172 172 171 171 167
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 22.47
mm
0.74 33.62 48.37 22.41 25.27
Temperature 7.28
celsius
27.77 13.64 8.72 27.58 18.36