Syria: Trade openness
* indicates monthly or quarterly data series
| Syria |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 35.61 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1960 - 2022 |
| Average | 53.20 |
| Min - Max | 33.51 - 80.13 |
| Source | The World Bank |
The latest value from 2022 is 35.61 percent, a decline from 61.22 percent in 2021. In comparison, the world average is 101.04 percent, based on data from 169 countries. Historically, the average for Syria from 1960 to 2022 is 53.2 percent. The minimum value, 33.51 percent, was reached in 1986 while the maximum of 80.13 percent was recorded in 2005.
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Definition: Exports plus imports as percent of GDP.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 87.62 | 2021 | percent |
| Trade openness | 35.61 | 2022 | percent |
| Financial openness | -1.931 | 2021 | index points |
| Exports, percent of GDP | 6.81 | 2022 | percent |
| Exports, billion dollars | 1.61 | 2022 | billion U.S. dollars |
| Growth of exports | 15.77 | 2021 | percent |
| Imports, percent of GDP | 73.06 | 2021 | percent |
| Imports, billion dollars | 6.80 | 2022 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.19 | 2011 | percent |
| Foreign Direct Investment, billion dollars | 1.47 | 2010 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 2009 | million dollars (current) |
| Current account, in dollars | -0.37 | 2010 | billion U.S. dollars |
| Trade balance, percent of GDP | -48.26 | 2021 | percent |
| Trade balance, in dollars | 0.20 | 2010 | billion U.S. dollars |
| Reserves | 20.63 | 2010 | billion U.S. dollars |
| Remittances, percent of GDP | 2.64 | 2010 | percent |
| Remittances | 1,622.54 | 2010 | million U.S. dollars |
| Net errors and omissions | 1,133.96 | 2010 | million USD |
| External debt | 58.77 | 2021 | percent |
| Short-term external debt | 12.76 | 2023 | percent |
| Short-term debt to reserves | 2.73 | 2010 | percent |