Current inflation سوريا 34.5%
December 2019
Current Inflation
Inflation is very high at 34.5%, far above the ECB target.
Historical Context
Inflation is 10.6 percentage points higher than the 5-year average of 23.9%.
- 5-year average
- 23.9%
- 10-year average
- 23.6%
- All-time high (2016)
- 47.7%
- All-time low (2018)
- 0.9%
Trend
Over the period 2017-2019, inflation shows a downward trend. Compared to 2018, average inflation in 2019 through December has risen by 12.5 percentage points.
ECB Target
Inflation is 32.5 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for SYP 100 this year will cost approximately SYP 135 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- Average 2019 through December
- 13.4%
- Last year
- 0.9%
- 5-year average
- 23.9%
- All-time high (2016)
- 47.7%