Syrian Arab Republic Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Syrian Arab Republic's budget deficit was -7.79% in 2010, ranked 20th globally. This represents a 169.4% decrease from 2009. Data from IMF WEO, covering 1990–2010.
Overview
Syrian Arab Republic's budget deficit stood at -7.79% in 2010, a decline of +4.90% from 2009. Syrian Arab Republic ranked 20th globally.
Syrian Arab Republic’s primary budget deficit widened dramatically over the 21‑year span from 1990 to 2010, moving from a modest –3.92 percent of GDP in 1990 to a severe –7.79 percent in 2010, the deepest shortfall recorded in the series and the twentieth‑largest deficit among the 190 economies covered by the IMF World Economic Outlook. The deficit’s trajectory peaked positively in 2001 at 2.31 percent, indicating a brief fiscal surplus before the downturn accelerated. By the end of the sample period Syria’s deficit was comparable to that of Kiribati (–7.80 percent) and slightly larger than Barbados (–7.49 percent), reflecting a regional pattern of widening fiscal gaps in the wake of political and economic turbulence. The sustained deterioration suggests that unless revenue mobilisation improves or expenditure reforms are implemented, the deficit is likely to remain elevated, with any reversal contingent on stabilising the macro‑economic environment and restoring fiscal credibility.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2010 | -7.79% | −4.90% | #20 |
| 2009 | -2.89% | −0.03% | #109 |
| 2008 | -2.86% | +0.12% | #54 |
| 2007 | -2.99% | −1.87% | #31 |
| 2006 | -1.12% | +3.29% | #75 |
| 2005 | -4.41% | −0.23% | #26 |
| 2004 | -4.18% | −1.48% | #37 |
| 2003 | -2.70% | −0.68% | #72 |
| 2002 | -2.02% | −4.33% | #108 |
| 2001 | 2.31% | +3.67% | #157 |
| 2000 | -1.36% | +0.11% | #89 |
| 1999 | -1.47% | +1.34% | #86 |
| 1998 | -2.81% | −1.03% | #64 |
| 1997 | -1.78% | +1.05% | #71 |
| 1996 | -2.83% | +0.98% | #56 |
Detected Pattern
Analysis
Syrian Arab Republic matched the Stagflation Risk pattern in 2019. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Syrian Arab Republic's budget deficit was -7.79% in 2010. Ranked 20th globally. This represents a 169.4% decrease from the previous year.
Syrian Arab Republic's budget deficit peaked at 2.31% in 2001.
The lowest budget deficit in Syrian Arab Republic was -7.79% in 2010.
Syrian Arab Republic ranks 20th globally in budget deficit as of 2010.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
The budget deficit of Syrian Arab Republic in 2010 was -7.79%. This ranks 20th in the world.
Cite this page
@misc{historysaid_syrian-arab-republic_budget-deficit,
title = {Syrian Arab Republic Budget Deficit},
url = {https://historysaid.com/syrian-arab-republic/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}