The GDP composition of Syria in 2023 indicates that the largest sectors include Mining, Manufacturing, and Utilities with 26.79%, followed closely by Wholesale, Retail Trade, Restaurants, and Hotels at 22.47%. Agriculture, Hunting, Forestry, and Fishing sector accounts for 20.55%, while Services contribute 17.32%. Transport, Storage, and Communication represent 9.48% of the GDP, with Construction being the smallest sector at 3.4%. Over the past two years, these sectors have shown varying degrees of fluctuation, reflective of the region’s unstable economic conditions.
Future trends show potential growth in reconstruction and development, potentially enhancing the Construction sector. Keeping an eye on geopolitical changes and international sanctions will be crucial, as these significantly impact the mining and financial sectors. Furthermore, increased focus on sustainable agricultural practices and technological advancement in communications could alter current GDP compositions.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 26.79 | 2016 | |
| 2 | 2 Wholesale, retail trade, restaurants and hotels | 22.47 | 2016 | |
| 3 | 3 Agriculture, hunting, forestry, fishing | 20.55 | 2016 | |
| 4 | 4 Services | 17.32 | 2016 | |
| 5 | 5 Transport, storage and communication | 9.48 | 2016 | |
| 6 | 6 Construction | 3.4 | 2016 |