The World Bank reported that the cost of post-conflict reconstruction in Syria is estimated at 216 billion dollars.
In a statement, the Bank announced the release of a report titled “Syria Physical Damage and Reconstruction Assessment 2011–2024,” which examines the country’s infrastructure and building assets.
According to the statement, after more than 13 years of conflict, Syria’s reconstruction cost is estimated at 216 billion dollars.
The statement emphasized that about one-third of Syria’s pre-conflict gross capital stock has been damaged and that the direct physical damage to infrastructure, housing, and non-residential buildings is estimated at 108 billion dollars.
Among the assessed categories, infrastructure sustained the greatest losses, accounting for 48% of total damage. Aleppo, Rural Damascus, and Homs were identified as the most affected areas in terms of overall damage.
The cost of rebuilding the damaged physical assets is projected to range between 140 billion and 345 billion dollars, with the most likely estimate being 216 billion dollars.
Of this total, 75 billion dollars would be required for rebuilding housing, 59 billion dollars for non-residential structures, and 82 billion dollars for infrastructure. Aleppo and Rural Damascus were highlighted as the regions requiring the highest reconstruction investments.
The statement pointed out that the estimated reconstruction costs are roughly ten times Syria’s projected Gross Domestic Product (GDP) for 2024, underscoring the scale of the challenge and the immense need for international support.
It also noted that the conflict has “devastated” Syria’s economy, with real GDP falling by about 53% between 2010 and 2022.
Nominally, the country’s GDP is estimated to have dropped from 67.5 billion dollars in 2011 to 21.4 billion dollars in 2024.
