Syria Current Account Balance: % of GDP

1990 - 2020 | Yearly | % | CEIC Data

Key information about Syria Current Account Balance: % of GDP

  • Syria Current Account deficit accounted for 1.0 % of the country's Nominal GDP in Dec 2020, compared with a 4.1 % deficit in the previous year.
  • Syria Current Account Balance: % of Nominal GDP data is updated yearly, available from Dec 1990 to Dec 2020, with an average value of -0.3 %.
  • The data reached an all-time high of 29.2 % in Dec 1990 and a record low of -32.7 % in Dec 2013.

CEIC calculates Current Account Balance as % of Nominal GDP from annual Current Account Balance and annual Nominal GDP. The Central Bank of Syria provides Current Account Balance in USD. The Central Bureau of Statistics provides Nominal GDP in local currency. The Central Bank of Syria average market exchange rate is used for currency conversions. Current Account Balance prior to 1993 is sourced from the International Monetary Fund.


Key information about Syria Current Account Balance: % of GDP

  • In the latest reports of Syria, Current Account recorded a deficit of 169.8 USD mn in Dec 2020.
  • Foreign Direct Investment (FDI) increased by 804.2 USD mn in Dec 2011.
  • The country's Nominal GDP was reported at 12.1 USD bn in Dec 2021.

View Syria's Current Account Balance: % of GDP from 1990 to 2020 in the chart:

Syria Current Account Balance: % of GDP

What was Syria's Current Account Balance: % of GDP in 2020?

Syria Current Account deficit accounted for 1.0 % of the country's Nominal GDP in Dec 2020, compared with a 4.1 % deficit in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1.0 2020 -4.1 2019 -32.7 2013 29.2 1990 % yearly 1990 - 2020

Current Account Balance: % of GDP by Country Comparison

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Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 6.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Algeria (%) 4.8 Mar 2023 quarterly Mar 2007 - Mar 2023
Argentina (%) -2.2 Dec 2023 quarterly Mar 2004 - Dec 2023
Armenia (%) 2.7 Dec 2023 quarterly Dec 1994 - Dec 2023
Australia (%) 1.8 Dec 2023 quarterly Sep 1959 - Dec 2023
Austria (%) 1.7 Sep 2023 quarterly Mar 1970 - Sep 2023
Azerbaijan (%) 8.9 Dec 2023 quarterly Mar 2013 - Dec 2023
Bahrain (%) 15.2 Dec 2022 quarterly Mar 2018 - Dec 2022
Bangladesh (%) -0.5 2023 yearly 1998 - 2023
Belarus (%) -1.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Belgium (%) 1.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Bolivia (%) -2.5 Sep 2023 quarterly Mar 1990 - Sep 2023
Bosnia and Herzegovina (%) -2.3 Sep 2023 quarterly Mar 2008 - Sep 2023
Botswana (%) 1.2 Sep 2023 quarterly Mar 2004 - Sep 2023
Brazil (%) -1.5 Dec 2023 quarterly Mar 1995 - Dec 2023
Brunei (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Bulgaria (%) -3.1 Dec 2023 quarterly Sep 1999 - Dec 2023
Cambodia (%) -1.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Canada (%) -0.2 Dec 2023 quarterly Mar 1957 - Dec 2023
Chile (%) -4.4 Dec 2023 quarterly Mar 1996 - Dec 2023
China (%) 1.2 Dec 2023 quarterly Mar 1998 - Dec 2023
Colombia (%) -2.3 Dec 2023 quarterly Mar 1996 - Dec 2023
Croatia (%) -5.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Cyprus (%) -6.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Czech Republic (%) 0.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (%) 12.5 Dec 2023 quarterly Mar 1990 - Dec 2023
Ecuador (%) 1.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Egypt (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (%) 0.3 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 2.5 Dec 2023 quarterly Mar 1999 - Dec 2023
Finland (%) 1.5 Dec 2023 quarterly Mar 1990 - Dec 2023
France (%) 0.9 Dec 2023 quarterly Mar 1997 - Dec 2023
Georgia (%) -6.8 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 6.9 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (%) 0.9 Sep 2023 quarterly Mar 2006 - Sep 2023
Greece (%) -12.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Hong Kong SAR, China (%) 9.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Hungary (%) -1.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Iceland (%) -2.7 Dec 2023 quarterly Mar 1995 - Dec 2023
India (%) -1.2 Dec 2023 quarterly Jun 2004 - Dec 2023
Indonesia (%) 0.9 Mar 2023 quarterly Mar 1993 - Mar 2023
Iran (%) 0.6 2023 yearly 1997 - 2023
Ireland (%) -0.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (%) 9.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (%) 0.7 Dec 2023 quarterly Mar 1980 - Dec 2023
Ivory Coast (%) -6.3 2022 yearly 1975 - 2022
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (%) 3.0 Dec 2023 quarterly Mar 1992 - Dec 2023
Kazakhstan (%) -2.6 Sep 2023 quarterly Dec 1997 - Sep 2023
Kenya (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
South Korea (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Kosovo (%) -15.4 Dec 2023 quarterly Mar 2010 - Dec 2023
Kuwait (%) 37.2 Sep 2023 quarterly Mar 2012 - Sep 2023
Kyrgyzstan (%) -60.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (%) -0.1 2022 yearly 1984 - 2022
Latvia (%) -1.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Lebanon (%) -4.4 2020 yearly 2002 - 2020
Lithuania (%) 4.2 Dec 2023 quarterly Mar 1993 - Dec 2023
Luxembourg (%) 7.0 Dec 2023 quarterly Mar 1995 - Dec 2023
Macau SAR, China (%) 11.4 2022 yearly 2002 - 2022
North Macedonia (%) -3.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Malawi (%) -14.2 2021 yearly 1977 - 2021
Malaysia (%) 0.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Malta (%) 0.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Mauritius (%) -3.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Mexico (%) 2.5 Dec 2023 quarterly Mar 1993 - Dec 2023
Moldova (%) -11.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Mongolia (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Montenegro (%) -24.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Morocco (%) -0.5 Dec 2023 quarterly Mar 2014 - Dec 2023
Mozambique (%) -37.4 2022 yearly 1980 - 2022
Nepal (%) -1.3 2023 yearly 2001 - 2023
Netherlands (%) 8.5 Dec 2023 quarterly Mar 1987 - Dec 2023
New Zealand (%) -6.7 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Norway (%) 16.1 Sep 2023 quarterly Mar 1981 - Sep 2023
Oman (%) -4.9 2021 yearly 1980 - 2021
Pakistan (%) -0.7 2023 yearly 1977 - 2023
Palestinian Territory (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Panama (%) -28.8 Sep 2023 quarterly Mar 2007 - Sep 2023
Paraguay (%) -1.2 Dec 2023 quarterly Mar 2000 - Dec 2023
Peru (%) 2.3 Dec 2023 quarterly Mar 1990 - Dec 2023
Philippines (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Poland (%) 1.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Portugal (%) -0.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Qatar (%) 15.6 Jun 2023 quarterly Mar 2011 - Jun 2023
Romania (%) -7.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Russia (%) 2.1 Dec 2023 quarterly Mar 1994 - Dec 2023
Saudi Arabia (%) 1.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Serbia (%) -5.5 Dec 2023 quarterly Mar 2007 - Dec 2023
Singapore (%) 19.5 Dec 2023 quarterly Mar 1986 - Dec 2023
Slovakia (%) -3.6 Dec 2023 quarterly Mar 1997 - Dec 2023
Slovenia (%) 3.9 Dec 2023 quarterly Mar 1995 - Dec 2023
South Africa (%) -2.3 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (%) 2.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Sri Lanka (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Sudan (%) -8.5 2021 yearly 1977 - 2021
Sweden (%) 7.1 Dec 2023 quarterly Mar 1980 - Dec 2023
Switzerland (%) 7.6 Dec 2023 quarterly Mar 1983 - Dec 2023

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Syria Key Series

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Includes 164 key indicators for Syria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.2 2010 yearly 1998 - 2010
Tax Revenue (USD mn) 5,640.444 2010 yearly 1998 - 2010
Forecast: Government Expenditure (SYP bn) 799.504 2010 yearly 1990 - 2010
Forecast: Government Net Debt (SYP bn) 838.214 2010 yearly 1990 - 2010
Forecast: Government Revenue (SYP bn) 582.024 2010 yearly 1990 - 2010
General Budget: Revenue (SYP mn) 634,425.000 2010 yearly 1998 - 2010
General Budget: Expenditure: Capital (SYP mn) 243,065.000 2010 yearly 1998 - 2010
General Budget: Expenditure: Current (SYP mn) 452,319.000 2010 yearly 1998 - 2010
General Budget: Financing (SYP mn) 60,957.000 2010 yearly 1998 - 2010
General Budget: Overall Balance incl Price Stabilization Fund (SYP mn) -60,957.000 2010 yearly 1998 - 2010
General Budget: Expenditure (SYP mn) 695,384.000 2010 yearly 1998 - 2010
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 18.283 2010 yearly 1981 - 2010
Trade Balance (USD mn) 4,074.0 2023 yearly 1950 - 2023
Total Exports (USD mn) 1,193.1 Dec 2023 monthly Jan 1960 - Dec 2023
Total Exports Growth (%) 41.5 Dec 2023 monthly Jan 1961 - Dec 2023
Aluminum: Exports (USD th) 35,028.428 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 14,405.370 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 172.324 2022 yearly 1995 - 2022
Total Imports (USD mn) 435.6 Dec 2023 monthly Jan 1960 - Dec 2023
Total Imports Growth (%) -19.3 Dec 2023 monthly Jan 1961 - Dec 2023
Imports: Medicament (USD th) 32,037.861 2022 yearly 2000 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 69,096.825 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 2.515 Dec 2023 monthly Jul 1987 - Dec 2023
Total Imports from USA (USD mn) 0.864 Dec 2023 monthly Oct 2015 - Dec 2023
Total Exports to China (USD mn) 0.321 Dec 2023 monthly Oct 2014 - Dec 2023
Total Imports from China (USD mn) 57.462 Dec 2023 monthly Jul 1990 - Dec 2023
Imports: Value (SYP mn) 13,153,168.000 2021 yearly 1981 - 2021
Exports: Value (SYP mn) 3,822,093.000 2021 yearly 1981 - 2021
Re-Exports: Value (SYP mn) 14,757.000 2021 yearly 1983 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) -169.8 2020 yearly 1977 - 2020
Current Account Balance: % of GDP (%) -1.0 2020 yearly 1990 - 2020
Foreign Direct Investment (USD mn) 804.2 2011 yearly 1970 - 2011
Foreign Direct Investment: % of GDP (%) 1.2 2011 yearly 1990 - 2011
Forecast: Current Account Balance (USD bn) -1.707 2010 yearly 1980 - 2010
Net International Investment Position (USD mn) 13,474.961 2010 yearly 2007 - 2010
BoP: CF: Financial Account: Portfolio Investment (USD mn) -167.496 2011 yearly 1993 - 2011
BoP: CA: Goods and Services: Goods (USD mn) -3,206.064 2020 yearly 1993 - 2020
BoP: Credit: CA: Goods and Services: Services (USD mn) 311.801 2020 yearly 1993 - 2020
BoP: Credit: Current Account (CA) (USD mn) 6,245.740 2020 yearly 2003 - 2020
BoP: CA: Income (USD mn) 34.095 2020 yearly 1993 - 2020
BoP: Debit: CA: Transfers (USD mn) 12.627 2020 yearly 2003 - 2020
BoP: CF: Financial Account: Direct Investment (USD mn) 804.163 2011 yearly 1993 - 2011
BoP: CF: Capital Account (USD mn) -163.620 2011 yearly 1993 - 2011
BoP: Debit: Current Account (CA) (USD mn) 6,415.507 2020 yearly 2003 - 2020
BoP: Credit: CA: Goods and Services: Goods (USD mn) 2,494.544 2020 yearly 1993 - 2020
BoP: Debit: CA: Goods and Services: Services (USD mn) 683.142 2020 yearly 1993 - 2020
BoP: Credit: CF: Capital Account (USD mn) 315.280 2011 yearly 1993 - 2011
BoP: CA: Goods and Services: Services (USD mn) -371.341 2020 yearly 1993 - 2020
BoP: Reserve Assets (USD mn) 7,128.320 2011 yearly 1993 - 2011
BoP: CA: Transfers (USD mn) 3,373.543 2020 yearly 1993 - 2020
BoP: Debit: CF: Financial Account (USD mn) 1,370.926 2011 yearly 1993 - 2011
BoP: Credit: CA: Income (USD mn) 53.225 2020 yearly 1993 - 2020
BoP: Credit: CF: Financial Account (USD mn) 3,448.666 2011 yearly 1993 - 2011
BoP: Credit: CA: Transfers (USD mn) 3,386.170 2020 yearly 2003 - 2020
BoP: Debit: CF: Capital Account (USD mn) 478.900 2011 yearly 1993 - 2011
BoP: Debit: CA: Income (USD mn) 19.130 2020 yearly 1993 - 2020
BoP: Net Errors and Omissions (USD mn) -373.078 2011 yearly 1993 - 2011
BoP: Debit: CA: Goods and Services: Goods (USD mn) 5,700.608 2020 yearly 1993 - 2020
BoP: CF: Financial Account (USD mn) 2,077.740 2011 yearly 1993 - 2011
Monetary Last Frequency Range
Household Debt: % of GDP (%) 14.6 2011 yearly 2004 - 2011
Money Supply M1 (USD mn) 18,756.126 Dec 2011 monthly Dec 1994 - Dec 2011
Money Supply M2 (USD mn) 33,769.510 Dec 2011 monthly Dec 1994 - Dec 2011
M2 Growth (%) -7.8 Dec 2011 monthly Dec 1995 - Dec 2011
Foreign Exchange Reserves (USD mn) 16,221.1 Jun 2011 monthly Dec 1950 - Jun 2011
Foreign Exchange Reserves: % of GDP (%) 31.149 2010 yearly 1990 - 2010
Foreign Exchange Reserves: Months of Import (NA) 9.8 Jun 2011 quarterly Mar 1960 - Jun 2011
Gold Reserves (USD mn) 54.200 Jun 2011 quarterly Dec 1950 - Jun 2011
Total Deposits (USD mn) 20,275.678 2011 yearly 1998 - 2011
Domestic Credit (USD mn) 29,083.7 Dec 2011 monthly Dec 2001 - Dec 2011
Domestic Credit Growth (%) 23.0 Dec 2011 monthly Dec 2002 - Dec 2011
Household Debt (USD mn) 8,543.6 Dec 2011 monthly Dec 2006 - Dec 2011
Total Loans (USD mn) 22,819.559 Dec 2011 monthly Dec 2006 - Dec 2011
Total Loans Growth (%) -3.07 Dec 2011 monthly Dec 2007 - Dec 2011
Private Debt: % of Nominal GDP (%) 20.75 2011 yearly 2006 - 2011
Monetary Survey: M2: Liabilities: Money Supply (M1) (SYP mn) 1,045,091.314 Dec 2011 monthly Dec 1994 - Dec 2011
Monetary Survey: Broad Money (M2) (SYP mn) 1,881,637.107 Dec 2011 monthly Dec 1994 - Dec 2011
Local Banks: Credits: PR: Resident: Business Sector (SYP mn) 198,647.777 Dec 2011 monthly Dec 2006 - Dec 2011
Local Banks: Credits (SYP mn) 1,271,505.830 Dec 2011 monthly Dec 2006 - Dec 2011
Local Banks: Credits: PR: Resident: Households (SYP mn) 476,048.476 Dec 2011 monthly Dec 2006 - Dec 2011

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