A split in regional economic performance

The rapidly deteriorating political situation in Syria will undoubtedly worsen the economic conditions in the Middle East and North Africa (MENA) region. Admittedly, the country’s GDP amounted to less than 3% of the total output of Arab countries in 2010 and it only produces 400,000 barrels of crude oil a day (0.5% of the world total). However, a prolonged (and indeed violent) political crisis in Syria will affect investment and tourism in the region overall, and add upward pressure on oil prices.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.