Services, value added in Syrian Arab Republic
Syrian Arab Republic: Services, value added was 4.6% in 2022. ◆ Volatile
Services, value added in Syrian Arab Republic, 2001–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Syrian Arab Republic is 4.6%, measured in 2022.
Compared with earlier readings it is down 22.8% on the previous year and up 125.4% over ten years.
Over the whole period, services, value added in Syrian Arab Republic peaked at 20.5% in 2003 and was at its lowest, -22.8%, in 2013.
Syrian Arab Republic ranks 61st of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Syrian Arab Republic, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | -3.0% | — |
| 2002 | 7.4% | -349.1% |
| 2003 | 20.5% | +179.3% |
| 2004 | 8.1% | -60.8% |
| 2005 | 9.6% | +19.2% |
| 2006 | 3.6% | -62.1% |
| 2007 | 16.6% | +356.4% |
| 2008 | 10.5% | -37.0% |
| 2009 | 5.1% | -51.3% |
| 2010 | 7.0% | +37.5% |
| 2011 | 4.9% | -30.0% |
| 2012 | -18.2% | -470.5% |
| 2013 | -22.8% | +25.8% |
| 2014 | -1.3% | -94.5% |
| 2015 | -6.9% | +452.7% |
| 2016 | -5.9% | -14.7% |
| 2017 | -5.6% | -6.1% |
| 2018 | 2.9% | -152.3% |
| 2019 | 1.7% | -42.7% |
| 2020 | -0.8% | -146.5% |
| 2021 | 6.0% | -871.5% |
| 2022 | 4.6% | -22.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.7% | -3.0% | 20.5% | 9 |
| 2010s | -4.4% | -22.8% | 7.0% | 10 |
| 2020s | 3.3% | -0.8% | 6.0% | 3 |
Countries ranked near Syrian Arab Republic
More economy & growth data for Syrian Arab Republic
- US dollar per domestic currency (End-of-period (EoP)) 0.0004 (2022)
- Inflation of consumer prices 13.42 (2019)
- External balance on goods and services as a percent of gdp -21.88 (2022)
- Gdp worldbank constant usd, per capita 716.94 units per person (2022)
- Gdp worldbank constant usd, per unit of GDP 0.6784 units per US$ of GDP (2022)
- Gdp worldbank constant usd, annual growth rate -0.2026 % change on previous year (2022)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 3,344 (2022)
- Net primary income (Net income from abroad) (current LCU), annual -100.39 % change on previous year (2022)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0003 (2022)
- Gdp per capita worldbank constant usd 716.94 (2022)
Frequently asked questions
- What is services, value added in Syrian Arab Republic?
- Services, value added in Syrian Arab Republic was 4.6% in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Syrian Arab Republic?
- The highest recorded value was 20.5% in 2003.
- What is the lowest services, value added recorded in Syrian Arab Republic?
- The lowest recorded value was -22.8% in 2013.
- How does Syrian Arab Republic rank for services, value added?
- Syrian Arab Republic ranks 61st out of 196 countries with data for 2022.
- Is services, value added rising or falling in Syrian Arab Republic?
- Over the last ten years it is up 125.4%. 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 Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.