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%.
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.
Syria GDP from 1980 to 2010
The total market value of goods and services produced annually in Syria.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 12B 980M | $ 1,421.84 | $ 2,072.83 | $ 18B 923M | 10.493 % | -4.892 % | 22.41 % | 0 % | 9M 129K people |
1981 | $ 16B 652M | $ 1,763.34 | $ 2,378.94 | $ 22B 466M | 8.463 % | -2.8 % | 20.44 % | 0 % | 9M 444K people |
1982 | $ 17B 415M | $ 1,784.58 | $ 2,507.59 | $ 24B 470M | 2.583 % | -1.446 % | 22.22 % | 0 % | 9M 758K people |
1983 | $ 18B 649M | $ 1,849.43 | $ 2,562.20 | $ 25B 836M | 1.605 % | -4.327 % | 10.25 % | 0 % | 10M 84K people |
1984 | $ 19B 171M | $ 1,839.91 | $ 2,402.18 | $ 25B 29M | -6.498 % | -4.157 % | 11.87 % | 0 % | 10M 419K people |
1985 | $ 21B 177M | $ 1,965.14 | $ 2,570.93 | $ 27B 705M | 7.296 % | -4.056 % | 10.11 % | 0 % | 10M 776K people |
1986 | $ 25B 428M | $ 2,284.04 | $ 2,417.88 | $ 26B 918M | -4.757 % | -1.982 % | 11.34 % | 0 % | 11M 133K people |
1987 | $ 32B 497M | $ 2,823.16 | $ 2,426.47 | $ 27B 931M | 1.251 % | -0.917 % | 4.13 % | 0 % | 11M 511K people |
1988 | $ 16B 538M | $ 1,389.82 | $ 2,739.20 | $ 32B 594M | 12.721 % | -0.792 % | 2.39 % | 0 % | 11M 899K people |
1989 | $ 9B 849M | $ 800.86 | $ 2,587.21 | $ 31B 817M | -6.067 % | 12.408 % | 12.85 % | 0 % | 12M 298K people |
1990 | $ 12B 303M | $ 967.14 | $ 2,863.50 | $ 36B 426M | 10.358 % | 14.209 % | 30.75 % | -3.641 % | 12M 721K people |
1991 | $ 12B 738M | $ 972.17 | $ 3,182.51 | $ 41B 698M | 10.727 % | 13.231 % | 26.73 % | -6.254 % | 13M 102K people |
1992 | $ 13B 263M | $ 983.58 | $ 3,581.75 | $ 48B 298M | 13.246 % | 4.089 % | 23.04 % | -6.563 % | 13M 484K people |
1993 | $ 13B 796M | $ 995.06 | $ 3,830.21 | $ 53B 105M | 7.409 % | -1.756 % | 24.22 % | -4.148 % | 13M 865K people |
1994 | $ 15B 105M | $ 1,060.71 | $ 4,019.57 | $ 57B 241M | 5.534 % | -5.642 % | 24.32 % | -5.459 % | 14M 241K people |
1995 | $ 16B 556M | $ 1,133.16 | $ 4,216.90 | $ 61B 610M | 5.423 % | 1.253 % | 28.49 % | -3.155 % | 14M 610K people |
1996 | $ 17B 761M | $ 1,186.16 | $ 4,314.28 | $ 64B 599M | 2.966 % | -0.233 % | 23.37 % | -2.428 % | 14M 973K people |
1997 | $ 16B 573M | $ 1,080.81 | $ 4,238.80 | $ 64B 997M | -1.09 % | 2.483 % | 23.34 % | -1.162 % | 15M 334K people |
1998 | $ 16B 143M | $ 1,028.17 | $ 4,418.47 | $ 69B 378M | 5.554 % | 0.802 % | 21.35 % | -2.257 % | 15M 702K people |
1999 | $ 16B 785M | $ 1,043.17 | $ 4,236.19 | $ 68B 163M | -3.121 % | 1.805 % | 20.57 % | -0.813 % | 16M 91K people |
