Syria war could cost country $1.3T by 2020: Study

Jessica Hartogs, Special to CNBC.com

Tuesday, 8 Mar 2016 | 7:56 AM ET

The prolonged conflict in Syria has already had a devastating economic impact but could yet spiral to cost the country more than $1 trillion, according to a new report.

The report published Tuesday by children’s charity World Vision and consultancy firm Frontier Economics said that the Syrian war to date had cost an estimated $275 billion for the country.

It added that real GDP (gross domestic product) per capita was around 45 percent lower than it would have been in the absence of war.

“The $275 billion is just to Syria itself. It’s the gap between what the GDP should be and what it is,” Fran Charles, World Vision’s Syria Response Advocacy Director and one of the writers behind the report, told CNBC by phone from Jordan.

more:    http://www.cnbc.com/2016/03/08/syria-war-could-cost-country-13t-by-2020-study.html

1 reply

  1. This is not new News. Just reflecting: If these amounts would be used for positive reasons just imagine what could have been achieved! The human race is getting more silly it seems

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