US EditionWorld Bank Estimates US$216B Needed to Rebuild Syria After Civil War
The World Bank's conservative estimate of $216 billion covers infrastructure and building repairs, with Aleppo and Damascus countryside needing the most investment, amid widespread poverty.
- On Tuesday, the World Bank estimated Syria's rebuilding needs at a conservative $216 billion, with total costs possibly ranging from $140 billion to $345 billion.
- Since 2011, Syria's civil war began when mass protests met a brutal crackdown and spiraled into armed conflict, and President Bashar Assad was ousted in December in a rebel offensive.
- Damage estimates show significant losses to buildings and the grid, including $75 billion for residential buildings, $59 billion for non-residential structures, and $82 billion for infrastructure rebuilding.
- The United Nations warns that 90% of Syria’s population lives in poverty, and cuts to international aid have worsened conditions despite lifted sanctions by the United States and Europe and Gulf countries’ investment deals.
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Rebuilding Syria after more than a decade of civil war is expected to cost about $216 billion (185 billion euros), the World Bank said in an estimate published on Tuesday. The cost is almost 10 times greater than Syria's gross domestic product for 2024, reports Telegraph. The conflict destroyed large parts of the country and damaged critical infrastructure, including its electricity grid. The World Bank says reconstruction could cost between $14…
The World Bank estimates that the reconstruction costs of the country ravaged by 13 years of war will be ten times higher than its GDP.
According to a World Bank report released on Tuesday, 21 October, the estimated cost of rebuilding Syria is at least $216 billion. All parts of Syria are affected by destruction, but to different degrees.
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