Key data points
Last release
—
Observation period
2021
Next release
—
Forecast
—
Highest
25.00 % on Dec 31, 1972
Lowest
−26.30 % on Dec 31, 2013
About Syria GDP YoY
The current civil war has brought Syria’s economy to a standstill as international sanctions have disrupted trade and millions of people have been displaced and are unable to work. Before the war, Syria’s economy was based on oil production, agriculture, industry and tourism. Oil production peaked during the 90s, and in 2010 accounted for 35 percent of government revenue and 25 percent of GDP. Also, due to government efforts to improve irrigation system, Syria had become a net exporter of many agricultural products. In recent years, tourism had also become major source of economic growth.