The World Bank has estimated that Syria’s post civil war reconstruction costs now total around $216 billion (€186 billion).
Covering the years from 2011 to 2024, an official report estimates that nearly one-third of Syria’s pre-war capital stock was destroyed, with direct physical damage to infrastructure and buildings valued at $108 billion (€93 billion).
Infrastructure was the hardest hit sector and the provinces of Aleppo and Damascus countryside suffered the most severe destruction during the war.
The report comes as Syria’s new Islamist authorities face the massive challenge of rebuilding the country after the overthrow of Bashar al-Assad last December. The World Bank noted that reconstruction costs are ten times greater than Syria’s projected 2024 GDP.
Despite the difficulties, the new government has begun seeking international investment and better diplomatic relations, including from several Gulf states. Syrian finance minister Mohammed Barnieh urged global partners to help rebuild essential infrastructure.
