Syria Economic Monitor - Syria’s Economy in Ruins after a Decade-long War - Winter 2022/23

Jul 19, 2026

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The Syria Economic Monitor examines the country’s economic condition following a decade-long war, outlining how conflict conditions continue to shape recovery prospects. It reviews recent economic developments, highlighting persistent macroeconomic stress such as elevated inflation, tightened fiscal policy, declining trade activity, and worsening household welfare. The report also assesses outlooks and risks, supported by a special focus on the Syria Joint Damage Assessment for selected cities.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages54

Reading Time2 h 16 min

AccessFree to download

Executive Summary

Preface

List of Abbreviations

The Conflict Context

Recent Economic Developments

Economic challenges persist

Trade activities have declined

Inflation remains elevated

Fiscal policies have tightened

Household welfare continues to worsen

Outlook and Risks

Special Focus: Syria Joint Damage Assessment of Selected Cities

References

SYRIA ECONOMIC MONITOR Public Disc losure Authorized Syria’s Economy in Ruins after a Decade-long War Winter 2022/23 Pub lic Disclosure Authorized Pub lic Disclosure Authorized Syria Economic Monitor Syria’s Economy in Ruins after a Decade-long War Winter 2022/23 Middle East and North Africa Region ©2023 International Bank for Reconstruction and Development/The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 [Internet: www.worldbank.org](Internet: www.worldbank.org) This work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be construed or considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and Permissions The material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given. Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: [pubrights@worldbank.org](pubrights@worldbank.org). Cover photos courtesy of: (top) Mohammad Bash/Shutterstock,(center left) Fly_and_Dive/Shutterstock,(center right) quetions123/Shutterstock, and (bottom) stu. dio/Shutterstock. Further permission required for reuse. Publication design and layout by The Word Express, Inc. TABLE OF CONTENTS List of Abbreviations ..................................................... v Preface .............................................................. vii Executive Summary ...................................................... ix xiii الملخص التنفيذي 1. The Conflict Context ................................................... 1 2. Recent Economic Developments............................................ 5 Economic challenges persist ....................................................................5 Trade activities have declined ................................................................... 9 Inflation remains elevated ......................................................................15 Fiscal policies have tightened .................................................................. 19 Household welfare continues to worsen .........................................................21 3. Outlook and Risks .....................................................25 Special Focus: Syria Joint Damage Assessment of Selected Cities ........................29 References ............................................................33 List of Figures Figure 1 Despite a General Decline, Syria’s Conflict-Related Fatalities Remain Significant ..........2 Figure 2 More than Half of Syria’s pre-Conflict Population Remained Displaced ...................2 Figure 3 Nighttime Light Emissions Suggest Economic Activities Have Further Contracted since 2020............................................................6 Figure 4 Syria’s Cholera Outbreak Has Been Spreading ..................

FAQs

What key economic developments does the report cover for Syria’s recent period?

It highlights persistent economic challenges, declining trade activity, elevated inflation, tighter fiscal policies, and continued deterioration in household welfare.

How does the report frame the conflict context’s role in Syria’s economy?

It presents the conflict as an ongoing driver that affects displacement, economic activity, and the severity of economic constraints across sectors.

What special focus is included, and what is its purpose?

The report includes a special focus on the Syria Joint Damage Assessment of selected cities to provide a targeted view of damage and implications for recovery planning.

Jul 19, 2026

Upload by Miles