External balance on goods and services in Syrian Arab Republic
Syrian Arab Republic: External balance on goods and services was -19.48 trillion current LCU in 2022. ◆ Volatile
External balance on goods and services in Syrian Arab Republic, 1960–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2022, external balance on goods and services in Syrian Arab Republic stood at -19.48 trillion current LCU. That is the lowest value across all 63 years on record.
Compared with earlier readings it is down 55.6% on the previous year and down 3,129.8% over ten years.
Over the whole period, external balance on goods and services in Syrian Arab Republic peaked at 79.93 billion current LCU in 2002 and was at its lowest, -19.48 trillion current LCU, in 2022.
That places Syrian Arab Republic 186th out of 192 countries with data for 2022, putting it 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 Syrian Arab Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | -197.82 million current LCU | — |
| 1961 | -161.88 million current LCU | -18.2% |
| 1962 | -25.80 million current LCU | -84.1% |
| 1963 | -79.93 million current LCU | +209.8% |
| 1964 | -127.90 million current LCU | +60.0% |
| 1965 | 3,600 current LCU | -100.0% |
| 1966 | -269.11 million current LCU | -7475322.2% |
| 1967 | -187.59 million current LCU | -30.3% |
| 1968 | -188.22 million current LCU | +0.3% |
| 1969 | -314.32 million current LCU | +67.0% |
| 1970 | -242.00 million current LCU | -23.0% |
| 1971 | -400.00 million current LCU | +65.3% |
| 1972 | -513.00 million current LCU | +28.2% |
| 1973 | -366.00 million current LCU | -28.7% |
| 1974 | -1.53 billion current LCU | +318.3% |
| 1975 | -2.59 billion current LCU | +69.0% |
| 1976 | -3.65 billion current LCU | +41.1% |
| 1977 | -6.08 billion current LCU | +66.4% |
| 1978 | -5.31 billion current LCU | -12.7% |
| 1979 | -6.58 billion current LCU | +23.9% |
| 1980 | -8.82 billion current LCU | +34.2% |
| 1981 | -11.40 billion current LCU | +29.2% |
| 1982 | -7.58 billion current LCU | -33.5% |
| 1983 | -9.84 billion current LCU | +29.8% |
| 1984 | -8.72 billion current LCU | -11.3% |
| 1985 | -11.23 billion current LCU | +28.7% |
| 1986 | -10.98 billion current LCU | -2.2% |
| 1987 | -16.95 billion current LCU | +54.4% |
| 1988 | -17.16 billion current LCU | +1.2% |
| 1989 | -66.00 million current LCU | -99.6% |
| 1990 | 1.04 billion current LCU | -1678.8% |
| 1991 | -23.89 billion current LCU | -2393.0% |
| 1992 | -42.27 billion current LCU | +76.9% |
| 1993 | -53.95 billion current LCU | +27.6% |
| 1994 | -62.41 billion current LCU | +15.7% |
| 1995 | -39.38 billion current LCU | -36.9% |
| 1996 | -43.26 billion current LCU | +9.9% |
| 1997 | -10.30 billion current LCU | -76.2% |
| 1998 | -2.90 billion current LCU | -71.9% |
| 1999 | 2.66 billion current LCU | -191.9% |
| 2000 | 62.85 billion current LCU | +2260.0% |
| 2001 | 62.38 billion current LCU | -0.7% |
| 2002 | 79.93 billion current LCU | +28.1% |
| 2003 | 30.81 billion current LCU | -61.4% |
| 2004 | 35.26 billion current LCU | +14.4% |
| 2005 | 29.40 billion current LCU | -16.6% |
| 2006 | 65.91 billion current LCU | +124.2% |
| 2007 | 16.36 billion current LCU | -75.2% |
| 2008 | 21.94 billion current LCU | +34.1% |
| 2009 | -46.00 billion current LCU | -309.7% |
| 2010 | 9.17 billion current LCU | -119.9% |
| 2011 | -388.94 billion current LCU | -4342.8% |
| 2012 | -603.14 billion current LCU | +55.1% |
| 2013 | -856.28 billion current LCU | +42.0% |
| 2014 | -1.45 trillion current LCU | +69.7% |
| 2015 | -1.08 trillion current LCU | -25.9% |
| 2016 | -1.46 trillion current LCU | +35.2% |
| 2017 | -1.87 trillion current LCU | +28.3% |
| 2018 | -2.00 trillion current LCU | +6.8% |
| 2019 | -1.86 trillion current LCU | -6.9% |
| 2020 | -3.25 trillion current LCU | +75.2% |
| 2021 | -12.52 trillion current LCU | +284.8% |
| 2022 | -19.48 trillion current LCU | +55.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -155.26 million current LCU | -314.32 million current LCU | 3,600 current LCU | 10 |
| 1970s | -2.72 billion current LCU | -6.58 billion current LCU | -242.00 million current LCU | 10 |
| 1980s | -10.27 billion current LCU | -17.16 billion current LCU | -66.00 million current LCU | 10 |
| 1990s | -27.47 billion current LCU | -62.41 billion current LCU | 2.66 billion current LCU | 10 |
| 2000s | 35.88 billion current LCU | -46.00 billion current LCU | 79.93 billion current LCU | 10 |
| 2010s | -1.15 trillion current LCU | -2.00 trillion current LCU | 9.17 billion current LCU | 10 |
| 2020s | -11.75 trillion current LCU | -19.48 trillion current LCU | -3.25 trillion current LCU | 3 |
Countries ranked near Syrian Arab Republic
- 183 Madagascar -10.29 trillion current LCU compare
- 184 Lao People's Democratic Republic -11.21 trillion current LCU compare
- 185 Uganda -16.68 trillion current LCU compare
- 187 Guinea -51.06 trillion current LCU compare
- 188 Colombia -100.13 trillion current LCU compare
- 189 Uzbekistan -246.53 trillion current LCU compare
More economy & growth data for Syrian Arab Republic
- External balance on goods and services as a percent of gdp -21.88 (2022)
- GNI (current LCU), annual growth rate 107.19 % change on previous year (2022)
- GNI (current LCU), per unit of GDP 3,623 current LCU per US$ of GDP (2022)
- GNI (current LCU), per capita 3.83 million current LCU per person (2022)
- Gdp worldbank constant usd, per capita 716.94 units per person (2022)
- Net primary income (Net income from abroad) (current US$), annual -54.33 % change on previous year (2022)
- Net primary income (Net income from abroad) (current LCU), annual -100.39 % change on previous year (2022)
- Gdp worldbank constant usd, per unit of GDP 0.6784 units per US$ of GDP (2022)
- US dollar per domestic currency (End-of-period (EoP)) 0.0004 (2022)
- Domestic currency per US dollar (End-of-period (EoP)) 2,512 (2022)
Frequently asked questions
- What is external balance on goods and services in Syrian Arab Republic?
- External balance on goods and services in Syrian Arab Republic was -19.48 trillion current 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 Syrian Arab Republic?
- The highest recorded value was 79.93 billion current LCU in 2002.
- What is the lowest external balance on goods and services recorded in Syrian Arab Republic?
- The lowest recorded value was -19.48 trillion current LCU in 2022.
- How does Syrian Arab Republic rank for external balance on goods and services?
- Syrian Arab Republic ranks 186th out of 192 countries with data for 2022.
- Is external balance on goods and services rising or falling in Syrian Arab Republic?
- Over the last ten years it is down 3,129.8%. The long-run trend across the full record is volatile.
- Where does this Syrian Arab Republic 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.