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Browse Profiles > Syria > Business Indicators

	Score	Rank
Standards Compliance Index	4.17 out of 100	81
Business Indicator Index	3.91 out of 12	77

Syria

Business Indicators

With an overall score of 3.91/12, Syria is below standard on the economic, legal, and political indicators that make up our Business Index. Syria is a non-market based mixed economy where government spending equaled 36.4 percent of GDP in the most recent year for which data was available. Although the Syrian government claims to support foreign investment, its actions indicate otherwise. Foreign investment is permitted in almost all sectors of the economy, and foreign investors receive the same incentives as domestic investors. However, weak legal and regulatory frameworks and arbitrary enforcement of unclear laws inhibit foreign investment. The legal code includes property rights protection, but the courts do not uphold them. Political stability due to civil unrest and conflict with Israel is a deterrent to foreign investors. Corruption is extensive, as reflected by Syria's ranking of 147th out of 180 countries in Transparency International's 2008 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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