Terms of trade adjustment in Syria
Syria: Terms of trade adjustment was -27.27 billion constant LCU in 2022. ◆ Volatile
Terms of trade adjustment in Syria, 1970–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Syria recorded -27.27 billion constant LCU for terms of trade adjustment in 2022.
Compared with earlier readings it is down 168.8% on the previous year and down 252.4% over ten years.
Over the whole period, terms of trade adjustment in Syria peaked at 177.73 billion constant LCU in 2005 and was at its lowest, -57.10 billion constant LCU, in 1998.
That places Syria 148th out of 178 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.
Terms of trade adjustment in Syria, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 9.60 billion constant LCU | — |
| 1971 | 13.21 billion constant LCU | +37.6% |
| 1972 | 11.23 billion constant LCU | -14.9% |
| 1973 | 14.02 billion constant LCU | +24.8% |
| 1974 | 31.38 billion constant LCU | +123.8% |
| 1975 | 16.49 billion constant LCU | -47.4% |
| 1976 | 13.17 billion constant LCU | -20.1% |
| 1977 | 24.41 billion constant LCU | +85.4% |
| 1978 | 22.54 billion constant LCU | -7.7% |
| 1979 | 32.84 billion constant LCU | +45.7% |
| 1980 | 31.51 billion constant LCU | -4.1% |
| 1981 | 14.68 billion constant LCU | -53.4% |
| 1982 | 13.51 billion constant LCU | -7.9% |
| 1983 | 426.31 million constant LCU | -96.8% |
| 1984 | 6.28 billion constant LCU | +1372.0% |
| 1985 | 20.04 billion constant LCU | +219.3% |
| 1986 | 23.05 billion constant LCU | +15.0% |
| 1987 | 34.57 billion constant LCU | +50.0% |
| 1988 | 42.30 billion constant LCU | +22.3% |
| 1989 | 114.30 billion constant LCU | +170.2% |
| 1990 | 94.24 billion constant LCU | -17.6% |
| 1991 | 14.81 billion constant LCU | -84.3% |
| 1992 | 24.19 billion constant LCU | +63.3% |
| 1993 | 3.68 billion constant LCU | -84.8% |
| 1994 | -20.20 billion constant LCU | -648.3% |
| 1995 | -1.56 billion constant LCU | -92.3% |
| 1996 | -36.50 billion constant LCU | +2241.2% |
| 1997 | -46.89 billion constant LCU | +28.5% |
| 1998 | -57.10 billion constant LCU | +21.8% |
| 1999 | -52.06 billion constant LCU | -8.8% |
| 2000 | 0 constant LCU | -100.0% |
| 2001 | -16.67 billion constant LCU | — |
| 2002 | -6.07 billion constant LCU | -63.6% |
| 2003 | 19.76 billion constant LCU | -425.6% |
| 2004 | 67.92 billion constant LCU | +243.8% |
| 2005 | 177.73 billion constant LCU | +161.7% |
| 2006 | 57.22 billion constant LCU | -67.8% |
| 2007 | 63.96 billion constant LCU | +11.8% |
| 2008 | 115.97 billion constant LCU | +81.3% |
| 2009 | 36.02 billion constant LCU | -68.9% |
| 2010 | 89.58 billion constant LCU | +148.7% |
| 2011 | 40.15 billion constant LCU | -55.2% |
| 2012 | -7.74 billion constant LCU | -119.3% |
| 2013 | -10.36 billion constant LCU | +33.9% |
| 2014 | -18.52 billion constant LCU | +78.7% |
| 2015 | 19.65 billion constant LCU | -206.1% |
| 2016 | 33.17 billion constant LCU | +68.8% |
| 2017 | 41.38 billion constant LCU | +24.7% |
| 2018 | 34.32 billion constant LCU | -17.0% |
| 2019 | 33.77 billion constant LCU | -1.6% |
| 2020 | 804.14 million constant LCU | -97.6% |
| 2021 | 39.66 billion constant LCU | +4831.7% |
| 2022 | -27.27 billion constant LCU | -168.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.89 billion constant LCU | 9.60 billion constant LCU | 32.84 billion constant LCU | 10 |
| 1980s | 30.07 billion constant LCU | 426.31 million constant LCU | 114.30 billion constant LCU | 10 |
| 1990s | -7.74 billion constant LCU | -57.10 billion constant LCU | 94.24 billion constant LCU | 10 |
| 2000s | 51.58 billion constant LCU | -16.67 billion constant LCU | 177.73 billion constant LCU | 10 |
| 2010s | 25.54 billion constant LCU | -18.52 billion constant LCU | 89.58 billion constant LCU | 10 |
| 2020s | 4.40 billion constant LCU | -27.27 billion constant LCU | 39.66 billion constant LCU | 3 |
Countries ranked near Syria
More economy & growth data for Syria
- Industry (including construction), value added (constant 2015 US$) -13.39 % change on previous year (2022)
- Industry (including construction), value added (constant 2015 US$) 0.096 constant 2015 US$ per US$ of GDP (2022)
- Industry (including construction), value added (constant 2015 US$) 101.4 constant 2015 US$ per person (2022)
- Industry (including construction), value added (constant LCU), annual -13.39 % change on previous year (2022)
- Industry (including construction), value added (constant LCU), per 3.38 constant LCU per US$ of GDP (2022)
- Industry (including construction), value added (constant LCU), per 3,567 constant LCU per person (2022)
- Services, value added (current US$), annual growth rate 79.51 % change on previous year (2022)
- Services, value added (current US$), per unit of GDP 0.4472 current US$ per US$ of GDP (2022)
- Services, value added (current US$), per capita 472.61 current US$ per person (2022)
- Services, value added (current LCU), annual growth rate 133.08 % change on previous year (2022)
Frequently asked questions
- What is terms of trade adjustment in Syria?
- Terms of trade adjustment in Syria was -27.27 billion constant LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Syria?
- The highest recorded value was 177.73 billion constant LCU in 2005.
- What is the lowest terms of trade adjustment recorded in Syria?
- The lowest recorded value was -57.10 billion constant LCU in 1998.
- How does Syria rank for terms of trade adjustment?
- Syria ranks 148th out of 178 countries with data for 2022.
- Is terms of trade adjustment rising or falling in Syria?
- Over the last ten years it is down 252.4%. 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 Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. 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.