Syria's GDP changed from approximately $12B 980M in 1980 to $60B 43M in 2010, showing an overall 362.6% sharply increased during the period.
The lowest GDP was recorded in 1989 at $9B 849M, and the highest in 2010 at $60B 43M.
Over the 30-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 5.2%.
For comparison, the average annual growth rate of Turkey was 5.7%, and that of Iran was 3.7%.
Syria GDP from 1980 to 2010
The total market value of goods and services produced annually in Syria.
Overview of Syria's GDP (1980–2010)
The Gross Domestic Product (GDP) of Syria recorded a 362.6% sharply increased from 1980 to 2010.
The average GDP during this period was $23B 280M, and the median was $18B 649M.
GDP fluctuated within a range of $50B 194M, with a standard deviation of $12B 728M.
The average annual change was $918M 885K.
Highest and Lowest GDP Records
- Lowest GDP: 1989, $9B 849M
- Highest GDP: 2010, $60B 43M
- Most Recent GDP: 2010, $60B 43M
Notable Annual GDP Changes
- 2008: Significant increase in GDP
- 1988: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Syria's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $0 → $0
- Outcome: remained stable
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $40B 488M → $53B 939M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $19B 861M → $20B 979M
- Outcome: increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $16B 573M → $16B 143M
- Outcome: declined
Key Economic Indicators of Syria (1980–2010)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1980 | 10.493 % | $ 12B 980M | $ 18B 923M | $ 1,421.84 | $ 2,072.83 | 22.41 % | 9M 129K people | -4.892 % | 0 % |
1981 | 8.463 % | $ 16B 652M | $ 22B 466M | $ 1,763.34 | $ 2,378.94 | 20.44 % | 9M 444K people | -2.8 % | 0 % |
1982 | 2.583 % | $ 17B 415M | $ 24B 470M | $ 1,784.58 | $ 2,507.59 | 22.22 % | 9M 758K people | -1.446 % | 0 % |
1983 | 1.605 % | $ 18B 649M | $ 25B 836M | $ 1,849.43 | $ 2,562.20 | 10.25 % | 10M 84K people | -4.327 % | 0 % |
1984 | -6.498 % | $ 19B 171M | $ 25B 29M | $ 1,839.91 | $ 2,402.18 | 11.87 % | 10M 419K people | -4.157 % | 0 % |
1985 | 7.296 % | $ 21B 177M | $ 27B 705M | $ 1,965.14 | $ 2,570.93 | 10.11 % | 10M 776K people | -4.056 % | 0 % |
1986 | -4.757 % | $ 25B 428M | $ 26B 918M | $ 2,284.04 | $ 2,417.88 | 11.34 % | 11M 133K people | -1.982 % | 0 % |
1987 | 1.251 % | $ 32B 497M | $ 27B 931M | $ 2,823.16 | $ 2,426.47 | 4.13 % | 11M 511K people | -0.917 % | 0 % |
1988 | 12.721 % | $ 16B 538M | $ 32B 594M | $ 1,389.82 | $ 2,739.20 | 2.39 % | 11M 899K people | -0.792 % | 0 % |
1989 | -6.067 % | $ 9B 849M | $ 31B 817M | $ 800.86 | $ 2,587.21 | 12.85 % | 12M 298K people | 12.408 % | 0 % |
1990 | 10.358 % | $ 12B 303M | $ 36B 426M | $ 967.14 | $ 2,863.50 | 30.75 % | 12M 721K people | 14.209 % | -3.641 % |
1991 | 10.727 % | $ 12B 738M | $ 41B 698M | $ 972.17 | $ 3,182.51 | 26.73 % | 13M 102K people | 13.231 % | -6.254 % |
1992 | 13.246 % | $ 13B 263M | $ 48B 298M | $ 983.58 | $ 3,581.75 | 23.04 % | 13M 484K people | 4.089 % | -6.563 % |
1993 | 7.409 % | $ 13B 796M | $ 53B 105M | $ 995.06 | $ 3,830.21 | 24.22 % | 13M 865K people | -1.756 % | -4.148 % |
1994 | 5.534 % | $ 15B 105M | $ 57B 241M | $ 1,060.71 | $ 4,019.57 | 24.32 % | 14M 241K people | -5.642 % | -5.459 % |
1995 | 5.423 % | $ 16B 556M | $ 61B 610M | $ 1,133.16 | $ 4,216.90 | 28.49 % | 14M 610K people | 1.253 % | -3.155 % |
1996 | 2.966 % | $ 17B 761M | $ 64B 599M | $ 1,186.16 | $ 4,314.28 | 23.37 % | 14M 973K people | -0.233 % | -2.428 % |
1997 | -1.09 % | $ 16B 573M | $ 64B 997M | $ 1,080.81 | $ 4,238.80 | 23.34 % | 15M 334K people | 2.483 % | -1.162 % |
1998 | 5.554 % | $ 16B 143M | $ 69B 378M | $ 1,028.17 | $ 4,418.47 | 21.35 % | 15M 702K people | 0.802 % | -2.257 % |
1999 | -3.121 % | $ 16B 785M | $ 68B 163M | $ 1,043.17 | $ 4,236.19 | 20.57 % | 16M 91K people | 1.805 % | -0.813 % |