Browse a full set of economic indicators


Includes Syria real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Syria economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Syria best banks and safest banks are also available.

Economy Wrecked By A Decade Of War

Ruled by the Assad family since 1970, Syria has been grappling with a protracted civil war between the government led by President Bashar al-Assad and a variety of opposition groups. As a result, according to the World Bank, more than half the pre-conflict population of almost 21 million has been displaced, either within the country or as refugees, while the GDP saw a decline of more than 50% from 2010 to 2020.

Amid widespread destruction of infrastructure, the situation has been exacerbated by the Covid-19 pandemic, international sanctions, and significant capital flight of Syrians moving their money abroad.

Policy-making has prioritized preserving the regime and its military capabilities, further crippling the economy and leaving regions ravaged by war with virtually non-existent job markets.

Syria GDP & Economic Overview

Key Facts

Total Area 185,180 sq km
Type of Government Presidential republic; highly authoritarian regime
Capital City Damascus
Total Population N/A
Median Age N/A
Total GDP N/A
Adult Per Capita Income (PPP) 7,893

Trade & Finance

International Trade

Total Exports USD 5,720.07 million
Major Exports Olive oil
cumin seeds
pitted fruits
Major Trade Partners – Export Iraq
Saudi Arabia
Total Imports USD 1,369.71 million
Major Imports Cigarettes
broadcasting equipment
wheat flours
sunflower oil
refined petroleum
Major Trade Partners – Imports Turkey
Russian Federation

Syria's Leading Companies

Oil Syrian Petroleum Company
Banking Commercial Bank of Syria
Telecom Syriatel
Conglomerate Cham Group

Global Finance Rankings & Awards: Syria

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000