External balance on goods and services in Syrian Arab Republic
Syrian Arab Republic: External balance on goods and services was -5.19 billion current US$ 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 US$.
Analysis
In 2022, external balance on goods and services in Syrian Arab Republic stood at -5.19 billion current US$.
The figure is down 19.9% on the previous year and up 39.7% over ten years.
Over the whole period, external balance on goods and services in Syrian Arab Republic peaked at 1.63 billion current US$ in 2002 and was at its lowest, -8.65 billion current US$, in 2014.
Syrian Arab Republic ranks 154th of 192 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -44.53 million current US$ | -102.82 million current US$ | 1,043 current US$ | 10 |
| 1970s | -790.47 million current US$ | -1.73 billion current US$ | -76.17 million current US$ | 10 |
| 1980s | -1.73 billion current US$ | -2.69 billion current US$ | -3.11 million current US$ | 10 |
| 1990s | -734.33 million current US$ | -1.79 billion current US$ | 51.61 million current US$ | 10 |
| 2000s | 722.41 million current US$ | -987.54 million current US$ | 1.63 billion current US$ | 10 |
| 2010s | -4.98 billion current US$ | -8.65 billion current US$ | 198.54 million current US$ | 10 |
| 2020s | -3.88 billion current US$ | -5.19 billion current US$ | -2.10 billion current US$ | 3 |
Countries ranked near Syrian Arab Republic
More economy & growth data for Syrian Arab Republic
- Domestic currency per Special drawing rights (End-of-period (EoP)) 3,344 (2022)
- Gdp worldbank constant usd, per unit of GDP 0.6784 units per US$ of GDP (2022)
- Gdp worldbank constant usd, per capita 716.94 units per person (2022)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0003 (2022)
- Gdp worldbank constant usd, annual growth rate -0.2026 % change on previous year (2022)
- External balance on goods and services as a percent of gdp -21.88 (2022)
- Domestic currency per US dollar (End-of-period (EoP)) 2,512 (2022)
- Gdp per capita worldbank constant usd 716.94 (2022)
- US dollar per domestic currency (End-of-period (EoP)) 0.0004 (2022)
- Inflation of consumer prices 13.42 (2019)
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 -5.19 billion current US$ 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 1.63 billion current US$ in 2002.
- What is the lowest external balance on goods and services recorded in Syrian Arab Republic?
- The lowest recorded value was -8.65 billion current US$ in 2014.
- How does Syrian Arab Republic rank for external balance on goods and services?
- Syrian Arab Republic ranks 154th 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 up 39.7%. 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 US$). 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 indicator is expressed in United States dollars.