Syria Faces $216 Billion Reconstruction Challenge After 13 Years of Conflict: World Bank Report
The World Bank projects that rebuilding Syria’s damaged assets could cost between $140 billion and $345 billion, with a central estimate of $216 billion.
- Country:
- Syrian Arab Republic
After over thirteen years of devastating conflict, Syria's path to recovery has been laid out in stark numbers. According to the newly released Syria Physical Damage and Reconstruction Assessment 2011–2024 by the World Bank, the nation's reconstruction costs are estimated at $216 billion, underscoring the immense task of rebuilding amid economic collapse and infrastructural ruin.
Massive Destruction Across Key Sectors
The report reveals that nearly one-third of Syria's pre-war gross capital stock has been destroyed. The total physical damage amounts to $108 billion, with infrastructure emerging as the hardest hit sector, accounting for 48 percent of total losses. This includes damage to electricity networks, transport systems, and water infrastructure—sectors critical to economic and humanitarian recovery.
Residential buildings follow with $33 billion in estimated losses, while non-residential structures such as hospitals, schools, and industrial facilities suffered $23 billion in damage. The governorates of Aleppo, Rif Dimashq, and Homs stand out as the most severely impacted, collectively representing a substantial share of nationwide destruction.
Reconstruction Costs and Investment Needs
The World Bank projects that rebuilding Syria's damaged assets could cost between $140 billion and $345 billion, with a central estimate of $216 billion. This includes $75 billion for residential housing, $59 billion for non-residential infrastructure, and $82 billion for essential infrastructure systems.
Aleppo and Rif Dimashq alone will require some of the largest reconstruction investments, reflecting the scale of urban devastation and population displacement. The Bank emphasized that these figures capture physical reconstruction only and do not include the broader economic, social, and institutional rebuilding required for national recovery.
Economic Collapse and the Urgency for Global Support
The report paints a grim picture of Syria's economic decline. Between 2010 and 2022, the nation's real GDP plummeted by nearly 53 percent. In nominal terms, GDP contracted from $67.5 billion in 2011 to an estimated $21.4 billion in 2024, as highlighted in the Syria Macro-Fiscal Assessment published earlier this year.
The World Bank notes that the estimated reconstruction bill is almost ten times Syria's projected 2024 GDP, a staggering ratio that reflects the scale of destruction and the monumental financial burden ahead.
Jean-Christophe Carret, World Bank Middle East Division Director, stressed the need for coordinated global action:
"The challenges ahead are immense, but the World Bank stands ready to work alongside the Syrian people and the international community to support recovery and reconstruction. Collective commitment, coordinated action, and a structured support program are critical to helping Syria on its path to recovery."
Call for a Global Partnership
Syria's Minister of Finance, H.E. Yisr Barnieh, called on the international community to respond decisively:
"This report provides a critical baseline of the massive scale of destruction and reconstruction costs ahead. Now, more than ever, it is imperative for the global community to mobilize support to restore infrastructure, revitalize communities, and lay the foundation for a more resilient future."
Experts note that beyond physical reconstruction, the country faces deep social, institutional, and demographic scars. Millions of displaced citizens must be reintegrated, while essential services—healthcare, education, sanitation, and energy—require urgent rehabilitation to restore normalcy.
A Baseline for Recovery Planning
Prepared with financial and technical backing from the Global Facility for Disaster Reduction and Recovery (GFDRR), the World Bank's assessment serves as a foundational document for future planning. Due to ongoing conflict and data constraints, the report refrains from providing sector-by-sector breakdowns, instead offering a nationwide perspective to guide strategic decisions on recovery and resource allocation.
Despite uncertainties, the findings offer the most comprehensive picture yet of Syria's physical devastation—an indispensable step in planning a recovery that could take decades to achieve.
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