Syria Real GDPSyria Real GDPSyria Real GDP

Syria Real GDP

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Key data points


Last release
Observation period
2021
Next release
Forecast
Highest
‪1.54 T‬SYP on Dec 31, 2011
Lowest
‪666.39 B‬SYP on Dec 31, 2017

About Syria Real GDP


Category
GDP
Frequency
Annual
Units
SYP

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
In 2021 Syria Real GDP was 691.55 B SYP, and the year before it reached 682.68 B SYP.