The economy of Syria is that of a middle-income, developing country with a diversified economy based on agriculture, industry, and energy.
Damascus is the capital and largest city of Syria. Damascus is home to a wide range of industrial activity, such as Textile, food processing, Cement and various Chemical industries. The historical role that Damascus played as an important trade center has changed in recent years due to political development in the region as well as the development of modern trade.
Damascus has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.