Syria Economic Monitor, Winter 2022/23 Syria's Economy in Ruins after a Decade-long War

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,...

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Bibliographic Details
Corporate Author: World Bank Group
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2023
Series:Economic Updates and Modeling
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary: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