Syria Current Account to GDP

Syria recorded a Current Account deficit of 0.62 percent of the country's Gross Domestic Product in 2010. Current Account to GDP in Syria is reported by the 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. 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. This page provides - Syria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.62 -2.15 3.45 -2.15 -0.80 | 2011/12 2003 - 2010 Percent Yearly

TO

Syria Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Crude Oil Production 25.00 2013-12-15 31.00 598.00 25.00 32.77 2013-11-30 Thousands Barrels per Day [+]
Exports 48842.00 2011-12-15 15063.00 87414.00 15063.00 31005.17 2012-01-31 SYP Million [+]
Imports 84155.00 2011-12-15 83037.00 94592.00 27197.00 83139.75 2012-01-31 SYP Million [+]
Balance of Trade 9394.50 2010-12-31 -26075.10 82856.40 -115678.10 -1135.36 2011-01-31 SYP Million [+]
Current Account -418.30 2011-12-31 -18.10 47.05 -418.30 -422.29 2012-12-31 SYP Billion [+]
Current Account to GDP -0.62 2010-12-31 -2.15 3.45 -2.15 -0.80 2011-12-31 Percent [+]
Exports 84431.40 2010-12-31 46987.60 315919.30 13391.20 48885.65 2011-01-31 SYP Million [+]
Imports 75036.90 2010-12-31 73062.70 253679.60 17337.20 74740.14 2011-01-31 SYP Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Syria Imports at 84155.00 SYP Million  
Imports in Syria increased to 84155 SYP Million in December of 2011 from 83037 SYP Million in November of 2011. Imports in Syria is reported by the Central Bank Of Syria.
Syria GDP Constant Prices at 1469703.00 SYP Million  
GDP Constant Prices in Syria increased to 1469703 SYP Million in 2010 from 1420833 SYP Million in 2009. GDP Constant Prices in Syria is reported by the Central Bank Of Syria.
Syria Exports at 48842.00 SYP Million  
Exports in Syria increased to 48842 SYP Million in December of 2011 from 15063 SYP Million in November of 2011. Exports in Syria is reported by the Central Bank Of Syria.
Syria Crude Oil Production at 25.00 Thousands Barrels per Day  
Crude Oil Production in Syria decreased to 25 Thousands Barrels per Day in December of 2013 from 31 Thousands Barrels per Day in November of 2013. Crude Oil Production in Syria is reported by the U.S. Energy Information Administration.
Syria Corporate Tax Rate at 22.00 percent  
The Corporate Tax Rate in Syria stands at 22 percent. Corporate Tax Rate in Syria is reported by the Ministry of Finance, Syria.
Syria Current Account to GDP at -0.62 Percent  
Syria recorded a Current Account deficit of 0.62 percent of the country's Gross Domestic Product in 2010. Current Account to GDP in Syria is reported by the Central Bank of Syria.
Syria Balance of Trade at 9394.50 SYP Million  
Syria recorded a trade surplus of 9394.50 SYP Million in December of 2010. Balance of Trade in Syria is reported by the Central Bureau of Statistics, Syrian Arab Republic.
Syria Current Account at -418.30 SYP Billion  
Syria recorded a Current Account deficit of 418.30 SYP Billion in 2011. Current Account in Syria is reported by the Central Bank of Syria.
Syria Inflation Rate at 49.50 Percent  
The inflation rate in Syria was recorded at 49.50 percent in November of 2012. Inflation Rate in Syria is reported by the Central Bureau of Statistics, Syrian Arab Republic.
Syria Personal Income Tax Rate at 22.00 percent  
The Personal Income Tax Rate in Syria stands at 22 percent. Personal Income Tax Rate in Syria is reported by the Ministry of Finance, Syria.
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