Syria recorded a Current Account deficit of 0.62 percent of the country's Gross Domestic Product in 2010. source: Central Bank of Syria

Current Account to GDP in Syria averaged 1.11 percent from 2003 until 2010, reaching an all time high of 3.45 percent in 2003 and a record low of -2.15 percent in 2009. This page provides - Syria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Syria Current Account to GDP - values, historical data and charts - was last updated on December of 2020.

Current Account to GDP in Syria is expected to reach -9.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Syria Current Account to GDP is projected to trend around -9.50 percent in 2021 and -10.00 percent in 2022, according to our econometric models.

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Syria Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-0.62 -2.15 3.45 -2.15 2003 - 2010 percent Yearly

Syria Trade Last Previous Highest Lowest Unit
Exports 328519.00 210065.00 505107.00 13391.20 SYP Million [+]
Gold Reserves 25.80 25.80 25.91 25.80 Tonnes [+]
Crude Oil Production 35.00 35.00 598.00 14.00 BBL/D/1K [+]
Terrorism Index 8.01 8.32 8.62 0.00 [+]


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.