External balance on goods and services (current LCU) in Syria
Syria: External balance on goods and services (current LCU) was -19.48 trillion current LCU in 2022. ◆ Volatile
External balance on goods and services in Syria, 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 Syria 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 Syria peaked at 79.93 billion current LCU in 2002 and was at its lowest, -19.48 trillion current LCU, in 2022.
That places Syria 187th out of 193 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 (current LCU) in Syria, 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% |
Syria compared with similar countries
- Syria's -19.48 trillion current LCU is below the median for low income countries, which is -480.38 billion current LCU, 40.6× the median. (22 countries reporting)
- Syria's -19.48 trillion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.55 billion current LCU, 4279.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) in Syria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1966 | -7475322.2% | 3,600 current LCU | -269.11 million current LCU |
| 2011 | -4342.8% | 9.17 billion current LCU | -388.94 billion current LCU |
| 1991 | -2393.0% | 1.04 billion current LCU | -23.89 billion current LCU |
| 2000 | +2260.0% | 2.66 billion current LCU | 62.85 billion current LCU |
| 1990 | +1678.8% | -66.00 million current LCU | 1.04 billion current LCU |
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 Syria
More economy & growth data for Syria
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0316 units per US$ of GDP (2022)
- SDRs holdings, US dollar, per capita 30.15 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0176 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0237 units per US$ of GDP (2022)
- SDRs holdings, SDR, per capita 22.01 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0165 units per US$ of GDP (2022)
- IMF holdings of currency, US dollar, per capita 15.69 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Syria?
- External balance on goods and services in Syria 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 Syria?
- The highest recorded value was 79.93 billion current LCU in 2002.
- What is the lowest external balance on goods and services recorded in Syria?
- The lowest recorded value was -19.48 trillion current LCU in 2022.
- How does Syria rank for external balance on goods and services?
- Syria ranks 187th out of 193 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 3,129.8%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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.