Development of inflation rates in Syria
The inflation rate for consumer prices in Syria moved over the past 33 years between -3.8% and 59.5%. For 2012, an inflation rate of 36.7% was calculated.
During the observation period from 1979 to 2012, the average inflation rate was 12.3%
per year. Overall, the price increase was 3,721.69 %. An item that cost 100 Pound in 1979 was so charged 3,821.69 Pound in the beginning of 2013.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Syria