Syria recorded a Current Account deficit of 0.90 percent of the country's Gross Domestic Product in 2020. Current Account to GDP in Syria averaged -4.01 percent of GDP from 2000 until 2020, reaching an all time high of 6.60 percent of GDP in 2002 and a record low of -31.80 percent of GDP in 2014. source: Central Bank of Syria



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Syria Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -4.10 6.60 -31.80 2000 - 2020 percent of GDP Yearly
NSA