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Compare Syria (2008) - Syria (2007)

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 Syria (2008)Syria (2007)
 SyriaSyria
Budget revenues: $8.45 billion


expenditures: $10.38 billion (2007 est.)
revenues: $7.635 billion


expenditures: $9.38 billion (2006 est.)
Debt - external $6.61 billion (31 December 2007 est.) $6.601 billion; note - excludes military debt and debt to Russia (2006 est.)
Economy - overview The Syrian economy grew by an estimated 3.5% in real terms in 2007 led by the petroleum and agricultural sectors, which together account for about one-half of GDP. Higher crude oil prices countered declining oil production and led to higher budgetary and export receipts. Damascus has implemented modest economic reforms in the past few years, including cutting lending interest rates, opening private banks, consolidating all of the multiple exchange rates, raising prices on some subsidized items, most notably, gasoline and cement, and establishing the Damascus Stock Exchange-which is set to begin operations in 2008. In October 2007, for example, Damascus raised the price of subsidized gasoline by 20%, and may institute a rationing system in 2008. In addition, President ASAD signed legislative decrees to encourage corporate ownership reform, and to allow the Central Bank to issue Treasury bills and bonds for government debt. Nevertheless, the economy remains highly controlled by the government. Long-run economic constraints include declining oil production, high unemployment and inflation, rising budget deficits, and increasing pressure on water supplies caused by heavy use in agriculture, rapid population growth, industrial expansion, and water pollution. The Syrian economy grew by an estimated 2.9% in real terms in 2006 led by the petroleum and agricultural sectors, which together account for about one-half of GDP. Higher crude oil prices countered declining oil production and exports and led to higher budgetary and export receipts. Total foreign assets of the Central Bank and domestic banking system rose to about $20 billion in 2006, and the government strengthened the private sector foreign exchange rate by about 7% from the start of the year. The Government of Syria has implemented modest economic reforms in the past few years, including cutting lending interest rates, opening private banks, consolidating some of the multiple exchange rates, and raising prices on some subsidized items, most notably, gasoline and cement. Nevertheless, the economy remains highly controlled by the government. Long-run economic constraints include declining oil production and exports, weak investment, high unemployment, and increasing pressure on water supplies caused by heavy use in agriculture, rapid population growth, industrial expansion, and water pollution.
Electricity - consumption 34 billion kWh (2007 est.) 24.74 billion kWh (2005 est.)
Electricity - exports 0 kWh (2007) 0 kWh (2005)
Electricity - imports 0 kWh (2007 est.) 0 kWh (2005)
Electricity - production 34.94 billion kWh (2007 est.) 33.01 billion kWh (2005 est.)
Exchange rates Syrian pounds per US dollar - 50.0085 (2007), 51.689 (2006), 50 (2005), 48.5 (2004), 52.8 (2003)


note: data for 2004-06 are the public sector rate; data for 2002-03 are the parallel market rate in 'Amman and Beirut; the official rate for repaying loans was 11.25 Syrian pounds per US dollars during 2004-06,
Syrian pounds per US dollar - 51.689 (2006), 50 (2005), 48.5 (2004), 52.8 (2003), 52.4 (2002)


note: data for 2004-06 are the public sector rate; data for 2002-03 are the parallel market rate in 'Amman and Beirut; the official rate for repaying loans was 11.25 Syrian pounds per US dollars during 2004-06,
Exports 150,000 bbl/day (2007 est.) 175,000 bbl/day (2006)
Exports - partners Iraq 27.3%, Germany 12.1%, Lebanon 9.5%, Italy 6.6%, Egypt 5.3%, Saudi Arabia 4.8% (2006) Iraq 27.3%, Germany 12.2%, Lebanon 9.5%, Italy 6.6%, Egypt 5.3%, Saudi Arabia 4.7% (2006)
Flag description three equal horizontal bands of red (top), white, and black, colors associated with the Arab Liberation flag; two small, green, five-pointed stars in a horizontal line centered in the white band; former flag of the United Arab Republic where the two stars represented the constituent states of Syria and Egypt; similar to the flag of Yemen, which has a plain white band, Iraq, which has an Arabic inscription centered in the white band, and that of Egypt, which has a gold Eagle of Saladin centered in the white band; the current design dates to 1980 three equal horizontal bands of red (top), white, and black, colors associated with the Arab Liberation flag; two small green five-pointed stars in a horizontal line centered in the white band; former flag of the United Arab Republic where the two stars represented the constituent states of Syria and Egypt; similar to the flag of Yemen, which has a plain white band, Iraq, which has three green stars (plus an Arabic inscription) in a horizontal line centered in the white band, and that of Egypt, which has a gold Eagle of Saladin centered in the white band; the current design dates to 1980
GDP - composition by sector agriculture: 24.6%


industry: 24.4%


services: 51% (2007 est.)
agriculture: 24.8%


industry: 25.1%


services: 50.1% (2005 est.)
GDP - real growth rate 3.5% (2007 est.) 4% (2006 est.)
Imports 160,000 bbl/day (2007 est.) NA bbl/day
Imports - partners Saudi Arabia 12.3%, China 7.9%, Egypt 6.2%, UAE 6%, Germany 4.9%, Italy 4.9%, Ukraine 4.8%, Iran 4.5% (2006) Saudi Arabia 12.3%, China 7.9%, Egypt 6.2%, UAE 6%, Italy 4.9%, Ukraine 4.8%, Germany 4.7%, Iran 4.5% (2006)
Industrial production growth rate -0.4% (2007 est.) 1.5% (2005)
Inflation rate (consumer prices) 7% (2007 est.) 10% (2006 est.)
Labor force 5.457 million (2007 est.) 5.276 million (2006 est.)
Pipelines gas 2,794 km; oil 2,000 km (2007) gas 2,764 km; oil 2,000 km (2006)
Political parties and leaders legal parties: National Progressive Front or NPF [President Bashar al-ASAD, Dr. Suleiman QADDAH] (includes Arab Socialist Renaissance (Ba'th) Party [President Bashar al-ASAD]; Socialist Unionist Democratic Party [Fadlallah Nasr Al-DIN]; Syrian Arab Socialist Union or ASU [Safwan QUDSI]; Syrian Communist Party (two branches) [Wissal Farha BAKDASH, Yusuf Rashid FAYSAL]; Syrian Social Nationalist Party [Ali QANSU]; Unionist Socialist Party [Fayez ISMAIL])


opposition parties not legally recognized:: Arab Democratic Socialist Union Party [Hasan Abdul AZIM]; Arab Socialist Movement; Democratic Ba'th Party [Ibrahim MAHKOS]; People's Democratic Party [Riad al TURK]; Revolutionary Workers' Party [Abdul Hafeez al HAFEZ]


Kurdish parties (considered illegal): Kurdish Democratic Front [Abdul Hamid DARWISH] (includes four parties); Kurdish Coordination [Abdul Hakim BASHAR] (includes Azadi Party [Kheirudin MURAD], Future Party [Masha'l TAMMO], Yekity Party [Hasam SALE])


other parties: Nahda Party [Abdul Aziz al MISLET]; Syrian Democratic Party [Mustafa QALAAJI]
legal parties: National Progressive Front or NPF [President Bashar al-ASAD, Dr. Suleiman QADDAH] (includes Arab Socialist Renaissance (Ba'th) Party [President Bashar al-ASAD]; Arab Socialist Renaissance (Ba'th) Party [President Bashar al-ASAD]; Socialist Unionist Democratic Party [Fadlallah Nasr Al-DIN]; Syrian Arab Socialist Union or ASU [Safwan QUDSI]; Syrian Communist Party (two branches) [Wissal Farha BAKDASH, Yusuf Rashid FAYSAL]; Syrian Social Nationalist Party [Ali QANSU]; Unionist Socialist Party [Fayez ISMAIL]); illegal parties: Kurdish Azadi Party [Khayr al-Din MURAD]; Kurdish Democratic Alliance [Abd al-Hamid DARWISH] (includes four parties); Kurdish Democratic Front (includes three parties but no designated leader); Kurdish Democratic Union Party or PYD [Ali MUHAMMAD]; Kurdish Future Movement; Kurdish Yekiti Party [Hasan SALEH]; National Democratic Front [Hassan Abd al-AZEM]
Political pressure groups and leaders Damascus Declaration National Council [Riyad SEIF, secretary general] (a broad alliance of opposition groups and individuals including: Committee for Revival of Civil Society [Michel KILO, Riyad SEIF]; Communist Action Party [Fateh JAMOUS]; Kurdish Democratic Alliance; Kurdish Democratic Front; Liberal Nationalists' Movement; National Democratic Front; National Democratic Rally; and Syrian Human Rights Society or HRAS [Fawed FAWUZ]); National Salvation Front (alliance between former Vice President Abd al-Halim KHADDAM, the SMB, and other small opposition groups); Syrian Muslim Brotherhood or SMB [Sadr al-Din al-BAYANUNI]; (operates in exile in London; endorsed the Damascus Declaration but is not an official member) Damascus Declaration [Riyad SEIF, secretary general] (a broad alliance of opposition groups including: Committee for Revival of Civil Society [Michel KILO, Riyad SEIF]; Kurdish Democratic Alliance; Kurdish Democratic Front; National Democratic Front; Syrian Human Rights Society or HRAS [Fawed FAWUZ]); National Salvation Front (alliance between former Vice President Abd al-Halim KHADDAM, the SMB, and other small opposition groups); Syrian Muslim Brotherhood or SMB [Sadr al-Din al-BAYANUNI]; (operates in exile in London; endorsed the Damascus Declaration but is not an official member)
Telephone system general assessment: fair system currently undergoing significant improvement and digital upgrades, including fiber-optic technology


domestic: the number of fixed-line connections has increased markedly since 2000; mobile-cellular service growing rapidly and teledensity has reached 25 wireless telephones per 100 persons; coaxial cable and microwave radio relay network


international: country code - 963; submarine cable connection to Cyprus; satellite earth stations - 1 Intelsat (Indian Ocean) and 1 Intersputnik (Atlantic Ocean region); coaxial cable and microwave radio relay to Iraq, Jordan, Lebanon, and Turkey; participant in Medarabtel
general assessment: fair system currently undergoing significant improvement and digital upgrades, including fiber-optic technology


domestic: coaxial cable and microwave radio relay network


international: country code - 963; satellite earth stations - 1 Intelsat (Indian Ocean) and 1 Intersputnik (Atlantic Ocean region); 1 submarine cable; coaxial cable and microwave radio relay to Iraq, Jordan, Lebanon, and Turkey; participant in Medarabtel
Unemployment rate 10% (2007 est.) 12.5% (2005 est.)
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