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 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. Current Account to GDP in Syria is reported by the Central Bank of Syria.
||2003 - 2010
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.