Publication: Syria Economic Monitor, Winter 2022/23: Syria’s Economy in Ruins after a Decade-long War
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2023-03-28
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2023-03-28
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The World Bank’s teams have been resorting to the use of a mix of standard tools and innovative geospatial and remote-based data sources (e.g., nighttime lights, shipping-position data, traffic congestion data, aviation statistics, mobile phone location data, remote sensing vegetation indices, and conflict intensity maps) to reveal economic trends and analyze unrecorded activities that are prominent in war-torn economies like Syria. Macroeconomic conditions in Syria have substantially deteriorated since the start of the war in Ukraine. Already very high, the vulnerability of Syrian households is on the rise. Subject to high uncertainty, real gross domestic product (GDP) is projected to contract by 3.2 percent in 2023, following a 3.5 percent decline in 2022.
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“World Bank. 2023. Syria Economic Monitor, Winter 2022/23: Syria’s Economy in Ruins after a Decade-long War. © World Bank. http://hdl.handle.net/10986/39611 License: CC BY-NC 3.0 IGO.”
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