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Syria

Income and expenditure assessment in Northwest Syria (February 2024)

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In the past year, the devastating impacts of the February 2023 earthquakes, in combination with several protracted crises, has had widespread impacts on the Syrian economy. The Northwest (NWS) faces its own particular challenges, in addition to being the area most affected by the earthquakes, it is also a region particularly sensitive to the economic downturn in Turkey, due to its reliance on the Turkish Lira (TRY) and Turkish markets. These issues in the wider economy translate into increased challenges for households, who face a rising cost of living in the face of stagnating incomes and currency depreciation. Cash assistance is recognised as an important modality in addressing the humanitarian impacts of these crises.1 Despite this, there is a lack of existing data on household income and expenditure. Building on the first round of this assessment, which was conducted in Afrin, Al Bab, Harim and Idleb in October 2023, this round assesses three new districts in NWS: A’zaz, Jarablus, Jisr-Ash-Shugur to gain a wider understanding of the dynamics of household finances in the region.