This study assesses the economic and social consequences of the Syrian conflict as of early 2017. The conflict has inflicted significant damage to the Syrian Arab Republic’s physical capital stock (7 percent housing stock destroyed and 20 percent partially damaged), led to large numbers of casualties and forced displacement (between 400,000 and 470,000 estimated deaths and more than half of Syria’s 2010 population forcibly displaced), while depressing and disrupting economic activity. From 2011 until the end of 2016, the cumulative losses in gross domestic product (GDP) have been estimated at $226 billion, about four times the Syrian GDP in 2010.
