External balance on goods and services in Syria
Syria: External balance on goods and services was -220.82 billion constant LCU in 2022. ◆ Volatile
External balance on goods and services in Syria, 2000–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Syria recorded -220.82 billion constant LCU for external balance on goods and services in 2022.
The figure is up 18.8% on the previous year and down 44.2% over ten years.
Over the whole period, external balance on goods and services in Syria peaked at 77.86 billion constant LCU in 2001 and was at its lowest, -271.90 billion constant LCU, in 2021.
Syria ranks 121st of 161 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Syria, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 62.85 billion constant LCU | — |
| 2001 | 77.86 billion constant LCU | +23.9% |
| 2002 | 77.86 billion constant LCU | +0.0% |
| 2003 | 9.41 billion constant LCU | -87.9% |
| 2004 | -37.02 billion constant LCU | -493.4% |
| 2005 | -151.42 billion constant LCU | +309.0% |
| 2006 | -7.33 billion constant LCU | -95.2% |
| 2007 | -52.99 billion constant LCU | +623.3% |
| 2008 | -102.50 billion constant LCU | +93.4% |
| 2009 | -61.11 billion constant LCU | -40.4% |
| 2010 | -84.62 billion constant LCU | +38.5% |
| 2011 | -196.50 billion constant LCU | +132.2% |
| 2012 | -153.15 billion constant LCU | -22.1% |
| 2013 | -133.04 billion constant LCU | -13.1% |
| 2014 | -113.78 billion constant LCU | -14.5% |
| 2015 | -113.17 billion constant LCU | -0.5% |
| 2016 | -111.11 billion constant LCU | -1.8% |
| 2017 | -146.33 billion constant LCU | +31.7% |
| 2018 | -141.24 billion constant LCU | -3.5% |
| 2019 | -132.71 billion constant LCU | -6.0% |
| 2020 | -89.55 billion constant LCU | -32.5% |
| 2021 | -271.90 billion constant LCU | +203.6% |
| 2022 | -220.82 billion constant LCU | -18.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -18.44 billion constant LCU | -151.42 billion constant LCU | 77.86 billion constant LCU | 10 |
| 2010s | -132.56 billion constant LCU | -196.50 billion constant LCU | -84.62 billion constant LCU | 10 |
| 2020s | -194.09 billion constant LCU | -271.90 billion constant LCU | -89.55 billion constant LCU | 3 |
Countries ranked near Syria
More economy & growth data for Syria
- Gross domestic savings (current US$), per capita -179.18 current US$ per person (2022)
- GNI (current US$), annual growth rate 59.57 % change on previous year (2022)
- GNI, Atlas method (current US$), per capita 722.99 current US$ per person (2022)
- GNI, Atlas method (current US$), per unit of GDP 0.6841 current US$ per US$ of GDP (2022)
- GNI, Atlas method (current US$), annual growth rate 3.01 % change on previous year (2022)
- Gross domestic savings (current LCU), per capita -671,947 current LCU per person (2022)
- Gross domestic savings (current LCU), per unit of GDP -635.84 current LCU per US$ of GDP (2022)
- Gross domestic savings (current LCU), annual growth rate -321.38 % change on previous year (2022)
- GDP (constant LCU), annual growth rate -0.2025 % change on previous year (2022)
- Inflation of consumer prices 13.42 (2019)
Frequently asked questions
- What is external balance on goods and services in Syria?
- External balance on goods and services in Syria was -220.82 billion constant LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Syria?
- The highest recorded value was 77.86 billion constant LCU in 2001.
- What is the lowest external balance on goods and services recorded in Syria?
- The lowest recorded value was -271.90 billion constant LCU in 2021.
- How does Syria rank for external balance on goods and services?
- Syria ranks 121st out of 161 countries with data for 2022.
- Is external balance on goods and services rising or falling in Syria?
- Over the last ten years it is down 44.2%. The long-run trend across the full record is volatile.
- Where does this Syria data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.