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Syria - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
26.981  
26.551  
Real GDP growth (constant prices)
3.5 % 
4.0 %
GDP per capita (USD)
1447.035  
1386.549  
Inflation rate
10.0 % 
5.0 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 19.9   21.5   23.1  
Real GDP growth (constant prices) 3.2 % 2.5 % 3.6 %
GDP per capita (USD) 1133   1135   115  
Inflation rate 1.0 % .. % .. %
Unemployment rate 11.7%   ..   ..  
External debt (USD billion) 21   22   ..  
Syrian Pound rate on 12/31 (1 US$)   53.458   47.703   53.617  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 23.5%   23.5%   24.4%  
Industry and mining 29.3%   28.6%     28.2%  
Services 47.2%   48.0%     47.4%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 1030   1084   1206   53 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 4.5   4.4   ..  
Export of goods (f.o.b) 6.7   5.8   ..  
Trade balance 2.2   1.3   ..  
Balance of payments 1.4   0.8   ..  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 76.4%   73.2%   74.1%  
Share of imports in GDP 33.2%   33.0%   33.4%  
Share of exports in GDP 43.1%   40.2%   40.6%  
Imports of goods and services (percent change) -2.4%   5.4%   3.4%  
Exports of goods and services (percent change) 2.1%   5.8%   -3.5%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     4.4     5.8    
Agricultural raw materials 4%   3%  
Food products 19%   14%  
Hydrocarbons 4%   71%  
Manufactured products (chemicals, machines,...) 70%   11%  
Ores and metals 3%   1%  
Other goods 0%   0%  


2003 Imports Exports
Total Trade in Services (USD billion): 2   1  
Transport 48%   17%  
Tourisme 41%   65%  
Other services (insurance, financial services, telecommunications,...) 11%   18%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Italy   24.1%  
France   19.2%  
Iraq   9.6%  
Turkey   6.8%  
Saudi Arabia   6.6%  

Main suppliers
(% of imports)
2004
Ukraine   7.9%  
China   7%  
Russian Federation   4.9%  
Saudi Arabia   4.7%  
Turkey   4.3%  
Source : COMTRADE


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Last modified in October 2005
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