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Syrian Arab Republic—Current Account Balance (% of GDP)

Category: TradeSource: World Bank World Development Indicators ↗Series years: 2000–2010
Latest Value
-0.6%
2010
YoY Change
+68.5%
2009 → 2010
Maximum
6.9%
2002
Minimum
-1.9%
2009
Last
-0.6%
Previous
-1.9%
Highest
6.9%
Lowest
-1.9%
Unit
% of GDP
Source
World Bank World Development Indicators

Syrian Arab Republic's current account balance (% of GDP) was -0.6% in 2010. This represents a +68.5% change from 2009. Over the past 11 years, the highest recorded value was 6.9% (2002) and the lowest was -1.9% (2009). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
2010-0.6%+68.5%
2009-1.9%-311.9%
20080.9%-20.9%
20071.1%-58.3%
20062.7%+163.0%
20051.0%-56.1%
20042.4%-31.6%
20033.4%-50.3%
20026.9%+13.9%
20016.1%+8.5%
20005.6%

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6Brunei Darussalam18.0%2025
7Ireland17.4%2024
8Tajikistan17.1%2025
9Singapore16.7%2025
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About This Indicator

Definition

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2010View original source →