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Country Report Syria 3rd Quarter

  • ID: 5360352
  • Country Profile
  • July 2021
  • Region: Syria
  • The Economist Intelligence Unit
Syria's economy has been devastated by a decade-long conflict. The output of the main sectors, agriculture and mineral extraction, has shrunk dramatically. Destroyed infrastructure and bouts of fighting make most of the country economically unviable.

The Economist Intelligence Unit expects the president, Bashar al-Assad, to stay in power owing to a patronage system that keeps the security forces loyal. Instability will be particularly acute in 2021-22 owing to dire socioeconomic conditions and low investment.

Mr Assad will try to revive the economy, but a lack of access to debt and ongoing conflict will hinder efforts. Policymakers will attempt to offset the erosion of purchasing power by rapid inflation and currency depreciation, but their capacity to do so will be limited.
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Country Report Syria 3rd Quarter

Briefing sheet
Political and economic outlook
Key changes since March 22nd
The quarter ahead
Major risks to our forecast

Outlook for 2021-25: Political stability
Sochi 2.0: cracks appear in fragile ceasefire agreement

Outlook for 2021-25: Election watch

Outlook for 2021-25: International relations

Outlook for 2021-25: Policy trends

Outlook for 2021-25: Fiscal policy

Outlook for 2021-25: Monetary policy

Outlook for 2021-25: International assumptions

Outlook for 2021-25: Economic growth
The impact of the coronavirus: global and regional assumptions
Syria: mass vaccine rollout schedule
Economic growth

Outlook for 2021-25: Inflation

Outlook for 2021-25: Exchange rates

Outlook for 2021-25: External sector

Outlook for 2021-25: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Population
Main provinces
Climate
Weather in Damascus
Languages
Religion
Measures
Currency
Time
Fiscal year
Public holidays

Political structure
Official name
Form of state
Legal system
Legislature
Electoral system
National elections
Head of state
Executive
Main political parties
Key ministers
Central bank governor
Head of the State Planning Commission
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