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Syria


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Syria
Leader
President Bashar al-Assad

Syria country datafile
Country overview
Government contacts

Country data

Iran 2007 2008 2009 2010 2011 2012f 2013f
Nominal GDP ($bn) 40.5 52.6 53.9 60.0 n/a n/a n/a
GDP per capita ($) 2,0164 2,557 2,557 2,807 n/a n/a n/a
Real GDP growth (annual change, %) 5.7 4.5 5.9 3.4 n/a n/a n/a
Government revenue (% of GDP) 22.7 20.1 23.9 20.9 n/a n/a n/a
Government total expenditure (% of GDP) 25.7 22.9 26.7 28.6 n/a n/a n/a
Total government debt (gross, % of GDP) 42.7 37.3 31.2 30.0 n/a n/a n/a
Current account balance (% of GDP) -0.2 -1.3 -2.9 2.8 n/a n/a n/a
Value of oil imports 4.3 5.7 2.2 3.5* n/a n/a n/a
Value of oil exports 4.4 5.5 3.3 5* n/a n/a n/a
Inflation (%) 4.7 15.2 2.8 4.4 n/a n/a n/a
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

News & analysis

 given the rising volumes of passengers travelling on the Dubai Metro, the region is beginning to establish a track record that lenders and bankers could use to predict whether project finance debts can be repaid

The Middle East in 2030

10 December 2014 | By

Take part in MEED’s survey to identify the key trends that will shape the Middle East economy in 2030

Defence

Pushing back against Isis Subscription

2 November 2014 | By

While the US’ allies in the region have joined the coalition against Isis, each has a differing agenda on Syria. Meanwhile, Iran, the one country that could really help, is being ignored

Promising development: Amman is now studying a proposal to issue its first Islamic bond

Wider Middle East ripe for Islamic finance Subscription

18 September 2014 | By Richard Nield

Sharia-compliant banking has yet to take off across most of the Levant and North Africa. But growing support from governments could soon lead to a boom in demand

Obama said the US will send 475 military personnel to assist in the crackdown on Isis

Obama prepared to target Isis in Syria Subscription

11 September 2014 | By

Washington outlines strategy for tackling terrorist group

Syria's President Bashar a-Assad

Respite from cold for Al-Assad Subscription

4 September 2014 | By

The West might have to ask the Syrian leader for assistance in stamping out jihadist group Isis

Syrian refugees

Syrian exodus weighs on Lebanon Subscription

23 July 2014 | By Richard Nield

Lebanon now has the largest refugee population per capita in the world, which is having a devastating effect on the country’s economic growth

At odds: Al-Hariri (left) and Al-Bahra have varied backing

Opposition looks to regain its voice in Syria Subscription

22 July 2014 | By James Gavin

The Syrian National Coalition has lost much of its influence in the face of a resurgent regime and the emergence of Isis. It is now up to its new president, Hadi al-Bahra, to reverse the body’s marginalisation

Syria debt 2010-2013

Damascus survives on war economy Subscription

22 July 2014 | By James Gavin

Although headline macroeconomic figures are worsening, Damascus is being shored up by external sources of funding, meanwhile illicit business networks are feeding off the instability

Syria's President Bashar al-Assad (front on right) reviews a guard of honour before his swearing-in for a new seven-year term in Damascus on 16 July

Al-Assad sworn in for third term Subscription

17 July 2014 | By

Syria’s president secures another seven-year term in disputed election

Isis announces caliphate in Iraq and Syria Subscription

30 June 2014 | By

Islamist group names Isis leader Abu Bakr al-Baghdadi as head of new Islamic state

Mena oil production 2013

Mena share of global oil production slips Subscription

24 June 2014 | By

Production drops in Libya, Iran and Syria as US output surges

UN relief: Syrians wait to receive food aid

Scarcity of resources hits Syria Subscription

22 June 2014 | By

With food items costing up to 360 per cent more than three years ago, the increasingly impoverished Syrian population is feeling the impact of the deteriorating economy

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Special reports

Hadi al-Bahra, president, Syrian National Coalition

Syria: New leadership hopes to reinvigorate opposition Subscription

22 July 2014

Al-Assad looks in a stronger position than ever

More Syria special reports

Companies

Syrian International Islamic Bank

Syria International Islamic Bank Subscription

Formed in 2006 to capitalise on the opening up of Syria’s financial sector

Syrian Petroleum Company logo

Syrian Petroleum Company Subscription

The Syrian Petroleum Company is a state-owned oil company, established in 1974 responsible for the oil and gas industry exploration and production

    See all company profiles

    People

    Bashar al-Assad Subscription

    7 January 2014

    Bashar al-Assad is President, Syria

    See all Syria biographies

    Tenders & project awards

    Syria: Tarpaulins and ropes Subscription

    31 October 2014 | By

    Supply of tarpaulins and ropes for storage and milling

    Filter Syria tenders by sector

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