Syria Economic Overview

Syria Economic Overview

Basic data Capital Damascus Population 20.38 million Language Arabic (Official) Religion Islam (87%, of which 74% Sunni Islam, 13% Shia Islam), Christianity (10%), Druze (3%) State system parliamentary republic Head of State Bashar al-Assad Head of government Hussain Arnús Currency name Syrian pound (SYP) Travel Time shift +1 hour (in summer +2 hours) Economy Nominal GDP (billion USD) 21.3 Economic growth (%) -2.2 Inflation (%) 66.1 Unemployment (%) 60.0 The…

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Syria Trade Relations with the EU

Syria Trade

Subchapters: Business Relationships FTAs ​​and Treaties Development Cooperation Prospective fields of study (MOP) Business relations Trade relations with the EU In connection with the introduction of the EU sanctions regime, the volume of bilateral trade has significantly decreased in recent years. Nevertheless, the EU is Syria’s largest trading partner, accounting for 8.7% of the country’s total international trade in goods in 2020. In contrast, Syria is the EU’s 136th trading…

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