Macroeconomic Forecast Syria

BMI View: We see considerable growth potential in Syria, though caution that foreign investment does not come without its risks (as BMI's business environment rating of 31.5/100 certainly does not inspire confidence). We expect certain industry sectors to outperform, including food and drink, oil and gas, and infrastructure, and we believe the economic returns have significant potential to outweigh the risks. On the other hand, we caution that the telecoms and banking sectors present less attractive investment opportunities. We project real GDP growth in Syria to average 4.7% between 2011 and 2020.

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