Syrian Arab Republic Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Syrian Arab Republic's current account balance was -0.60% in 2010, ranked 128th globally. This represents a 79.6% increase from 2009. Data from World Bank, covering 1977–2010.
Overview
Syrian Arab Republic's current account balance stood at -0.60% in 2010, a rise of +2.34% from 2009. Syrian Arab Republic ranked 128th globally.
Syria's current account balance has fluctuated significantly over the past three decades, with a peak of 14.32 in 1990 and a trough of -7.81 in 1994. Despite a slight improvement in recent years, the country still registered a deficit of -0.60 in 2010, ranking 128th globally. This trajectory is comparable to that of Slovenia, which also experienced a deficit of -0.69 during the same period. The Syrian economy has struggled with external imbalances, partly due to its heavy reliance on oil exports and a lack of diversification. The current account balance has been negatively affected by the ongoing conflict, which has disrupted trade and investment. A significant change in the trajectory of Syria's current account balance could be achieved through economic reforms, such as increasing non-oil exports and improving the business environment, which would likely require a sustained period of peace and stability.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2010 | -0.60% | +2.34% | #128 |
| 2009 | -1.90% | −0.62% | #112 |
| 2008 | 0.90% | +1.13% | #138 |
| 2007 | 1.14% | −0.28% | #126 |
| 2006 | 2.73% | +4.97% | #133 |
| 2005 | 1.04% | +4.14% | #126 |
| 2004 | 2.36% | +10.02% | #139 |
| 2003 | 3.45% | −1.48% | #152 |
| 2002 | 6.97% | +3.01% | #166 |
| 2001 | 6.03% | +0.82% | #161 |
| 2000 | 5.60% | +3.80% | #150 |
| 1999 | 1.27% | +0.46% | #139 |
| 1998 | 0.38% | −2.10% | #143 |
| 1997 | 3.18% | +3.41% | #155 |
| 1996 | 0.29% | −0.96% | #134 |
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 current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Syrian Arab Republic's current account balance was -0.60% in 2010. Ranked 128th globally. This represents a 79.6% increase from the previous year.
Syrian Arab Republic's current account balance peaked at 14.32% in 1990.
The lowest current account balance in Syrian Arab Republic was -7.81% in 1994.
Syrian Arab Republic ranks 128th globally in current account balance as of 2010.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
The current account balance of Syrian Arab Republic in 2010 was -0.60%. This ranks 128th in the world.
Cite this page
@misc{historysaid_syrian-arab-republic_current-account,
title = {Syrian Arab Republic Current Account Balance},
url = {https://historysaid.com/syrian-arab-republic/current-account/},
publisher = {HistorySaid},
year = {2026}
}