Balanced trade in services in Syrian Arab Republic
Syrian Arab Republic: Balanced trade in services was 0.4739 US dollars, exchange rate converted in 2024. ▼ Falling
Balanced trade in services in Syrian Arab Republic, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
The most recent figure for balanced trade in services in Syrian Arab Republic is 0.4739 US dollars, exchange rate converted, measured in 2024.
That represents a change of up 9.3% on the previous year and down 17.0% over ten years.
Over the whole period, balanced trade in services in Syrian Arab Republic peaked at 1.02 US dollars, exchange rate converted in 2010 and was at its lowest, 0.2159 US dollars, exchange rate converted, in 2020.
The long-run direction has been consistently falling across the 20 years of available data.
Balanced trade in services in Syrian Arab Republic, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2005 | 0.7747 US dollars, exchange rate converted | — |
| 2006 | 0.7931 US dollars, exchange rate converted | +2.4% |
| 2007 | 0.8805 US dollars, exchange rate converted | +11.0% |
| 2008 | 0.9755 US dollars, exchange rate converted | +10.8% |
| 2009 | 0.8554 US dollars, exchange rate converted | -12.3% |
| 2010 | 1.02 US dollars, exchange rate converted | +18.7% |
| 2011 | 0.9097 US dollars, exchange rate converted | -10.4% |
| 2012 | 0.8617 US dollars, exchange rate converted | -5.3% |
| 2013 | 0.6003 US dollars, exchange rate converted | -30.3% |
| 2014 | 0.5713 US dollars, exchange rate converted | -4.8% |
| 2015 | 0.5042 US dollars, exchange rate converted | -11.7% |
| 2016 | 0.4294 US dollars, exchange rate converted | -14.8% |
| 2017 | 0.413 US dollars, exchange rate converted | -3.8% |
| 2018 | 0.4147 US dollars, exchange rate converted | +0.4% |
| 2019 | 0.3925 US dollars, exchange rate converted | -5.3% |
| 2020 | 0.2159 US dollars, exchange rate converted | -45.0% |
| 2021 | 0.2951 US dollars, exchange rate converted | +36.7% |
| 2022 | 0.4225 US dollars, exchange rate converted | +43.2% |
| 2023 | 0.4335 US dollars, exchange rate converted | +2.6% |
| 2024 | 0.4739 US dollars, exchange rate converted | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8558 US dollars, exchange rate converted | 0.7747 US dollars, exchange rate converted | 0.9755 US dollars, exchange rate converted | 5 |
| 2010s | 0.6113 US dollars, exchange rate converted | 0.3925 US dollars, exchange rate converted | 1.02 US dollars, exchange rate converted | 10 |
| 2020s | 0.3682 US dollars, exchange rate converted | 0.2159 US dollars, exchange rate converted | 0.4739 US dollars, exchange rate converted | 5 |
Countries ranked near Syrian Arab Republic
- 8 Moldova 0.6755 US dollars, exchange rate converted compare
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- 8 Lithuania 1.25 US dollars, exchange rate converted compare
- 9 Madagascar 0.6325 US dollars, exchange rate converted compare
- 9 Slovenia 0.9632 US dollars, exchange rate converted compare
- 9 Australia 73.5 US dollars, exchange rate converted compare
- 10 Fiji 0.5978 US dollars, exchange rate converted compare
- 10 Switzerland 68.76 US dollars, exchange rate converted compare
- 10 Estonia 0.8532 US dollars, exchange rate converted compare
- 11 Hong Kong 66.5 US dollars, exchange rate converted compare
- 11 Eswatini 0.5824 US dollars, exchange rate converted compare
- 12 Timor-Leste 0.1818 US dollars, exchange rate converted compare
- 12 Anguilla 0.3363 US dollars, exchange rate converted compare
- 12 Ireland 42.41 US dollars, exchange rate converted compare
- 13 Lesotho 0.2357 US dollars, exchange rate converted compare
- 13 Germany 42.21 US dollars, exchange rate converted compare
- 14 Cabo Verde 0.1906 US dollars, exchange rate converted compare
- 14 France 37.98 US dollars, exchange rate converted compare
More economy & growth data for Syrian Arab Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.08 Percent per annum (2010)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.44 Percent per annum (2010)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 3.68 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.8 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -42.58 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -38.46 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 9.1 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -37.09 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.23 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 3.68 % change on previous year (2024)
Frequently asked questions
- What is balanced trade in services in Syrian Arab Republic?
- Balanced trade in services in Syrian Arab Republic was 0.4739 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Syrian Arab Republic?
- The highest recorded value was 1.02 US dollars, exchange rate converted in 2010.
- What is the lowest balanced trade in services recorded in Syrian Arab Republic?
- The lowest recorded value was 0.2159 US dollars, exchange rate converted in 2020.
- How does Syrian Arab Republic rank for balanced trade in services?
- Syrian Arab Republic ranks 11th out of 12 countries with data for 2024.
- Is balanced trade in services rising or falling in Syrian Arab Republic?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is falling.
- Where does this Syrian Arab Republic data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
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About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html