World Bank Estimates Syria’s Post-Conflict Recovery Costs at $216 Billion
Edited by: Татьяна Гуринович
In October 2025, the World Bank released a comprehensive report detailing the monumental financial requirements necessary to rebuild Syria following over thirteen years of devastating conflict. The assessment concluded that achieving full national recovery would necessitate an investment of $216 billion. This figure is not merely a large sum; it represents a staggering economic challenge, underscoring the depth of the crisis. To put this figure into perspective, this amount is equivalent to nearly one-third of the total capital reserves Syria held prior to the crisis’s inception and is approximately ten times greater than the nation's projected Gross Domestic Product for the year 2024.
The calculation of direct physical destruction suffered by residential buildings, commercial properties, and vital infrastructure assets during the 2011 to 2024 period is quantified at $108 billion. Infrastructure bore the overwhelming brunt of the devastation. Essential public services, including energy systems, critical water provision networks, and vital transportation routes, accounted for 48% of the total recorded physical losses, translating specifically to $52 billion. The report specifically highlighted the provinces of Aleppo, Rif-Dimashq, and Homs as the areas most critically impacted and in urgent need of immediate, targeted investment and reconstruction efforts.
Economic indicators paint a grim picture of profound resource depletion and national exhaustion. Between 2010 and 2022, Syria experienced a severe 53% contraction in its real GDP. Furthermore, the nominal GDP plummeted drastically, falling from $67.5 billion in 2011 to only $21.4 billion projected for 2024. Recognizing this dire economic reality, the new Syrian government, which was formed at the end of March 2025, has formally identified national recovery and reconstruction as its foremost strategic objective and primary development vector.
The path forward presents a monumental challenge for the new administration, requiring the mobilization of vast capital while navigating a complex environment characterized by territorial divisions and ongoing external pressures. Jean-Christophe Carré, Director of the World Bank's Middle East Department, stressed that sustained economic recovery and long-term development hinge upon “coordinated and structured actions.” Echoing this sentiment, Ravi Afgani, the Deputy Representative of UNDP in Syria, underscored that supporting Syria is crucial not only for the nation itself but also for guaranteeing stability throughout the entire region.
Addressing attendees at the recent IMF and World Bank meetings, Syrian Minister of Finance Muhammed Yasir Barnieh appealed directly to the international community. He highlighted the urgent necessity for global assistance to establish a foundation for the prosperity and well-being of future generations, asserting that critical reforms are proceeding internally irrespective of existing sanctions. This period offers Syria a pivotal chance to fundamentally redefine its structure, ensuring that each infrastructure restoration project contributes to the establishment of a more robust and sustainable national system.
Sources
Daily Mail Online
World Bank Estimates Cost of Syria’s Reconstruction
From rubble to rebirth: A model for Syria's reconstruction
Challenges for Syria’s Economic Recovery and Reconstruction Process
Post-Conflict Reconstruction in Syria: Opportunities in Infrastructure and Development Finance
Read more news on this topic:
Did you find an error or inaccuracy?
We will consider your comments as soon as possible.
