2006a | 2007a | 2008a | 2009b | 2010b | 2011c | 2012c | |
GDP | |||||||
Nominal GDP (US$ m) | 32,786 | 40,376 | 49,192 | 51,413a | 56,213 | 62,697 | 66,785 |
Nominal GDP (S£ bn) | 1,705 | 2,018 | 2,292 | 2,401a | 2,608 | 2,938 | 3,139 |
Real GDP growth (%) | 5.0 | 5.7 | 4.5 | 6.0 | 4.5 | 4.8 | 4.5 |
Expenditure on GDP (% real change) | |||||||
Private consumption | 3.0 | 1.0 | 2.3 | 5.1 | 4.4 | 5.1 | 5.2 |
Government consumption | 1.5 | 23.6 | -0.5 | 8.0 | 5.1 | 3.7 | 3.0 |
Gross fixed investment | 7.1 | -8.3 | -5.9 | 1.5 | 4.5 | 6.0 | 6.5 |
Exports of goods & services | 20.6 | 1.4 | -1.8 | -0.2 | 4.0 | 3.4 | 2.7 |
Imports of goods & services | -12.7 | 11.3 | 2.5 | -3.8 | 2.7 | 3.1 | 3.5 |
Origin of GDP (% real change) | |||||||
Agriculture | 10.2 | -13.5 | -8.7 | 12.0 | -4.0 | 2.0 | 2.1 |
Industry | 0.6 | 3.8 | 5.5 | 0.1 | 8.5 | 5.3 | 4.7 |
Services | 3.4 | 16.6 | 8.3 | 4.9 | 5.0 | 4.9 | 5.1 |
Population and income | |||||||
Population (m) | 19.8 | 20.5 | 21.2 | 21.9a | 22.5 | 23.1 | 23.7 |
GDP per head (US$ at PPP) | 4,191b | 4,401b | 4,536b | 4,700 | 4,811 | 4,990 | 5,202 |
Recorded unemployment (av; %) | 8.3 | 9.2 | 10.9 | 8.5a | 8.3 | 8.1 | 8.0 |
Fiscal indicators (% of GDP) | |||||||
Central government revenue | 25.5 | 22.7 | 21.4 | 21.7a | 22.1 | 24.8 | 22.4 |
Central government expenditure | 29.0 | 25.8 | 23.9 | 25.6a | 26.6 | 26.6 | 27.7 |
Central government balance | -3.5 | -3.1 | -2.5 | -3.9a | -4.5 | -1.7 | -5.3 |
Net public debt | 33.9b | 28.3b | 23.2b | 25.8 | 28.0 | 27.5 | 30.8 |
Prices and financial indicators | |||||||
Exchange rate S£:US$ (end-period) | 51.10 | 48.10 | 46.45 | 45.70a | 46.68 | 46.87 | 47.01 |
Consumer prices (av; % change) | 10.0 | 3.9 | 15.7 | 2.6a | 4.4a | 7.1 | 2.4 |
Stock of money M1 (% change) | -4.0 | 10.7 | 12.9 | 10.5a | 24.2 | 9.6 | 11.2 |
Stock of money M2 (% change) | 7.8 | 14.7 | 12.4 | 9.3a | 13.0 | 7.5 | 9.2 |
Lending interest rate (av; %) | 8.0 | 10.0 | 10.0 | 10.0a | 10.0 | 9.0 | 9.0 |
Current account (US$ m) | |||||||
Trade balance | 886 | -521 | -773 | -3,049 | -3,262 | -3,103 | -3,449 |
Goods: exports fob | 10,245 | 11,756 | 15,334 | 10,883 | 11,929 | 13,117 | 13,414 |
Goods: imports fob | -9,359 | -12,277 | -16,107 | -13,932 | -15,191 | -16,220 | -16,864 |
Services balance | 404 | 849 | 838 | 1,932 | 2,253 | 2,808 | 3,103 |
Income balance | -935 | -689 | -1,149 | -1,107 | -1,160 | -1,228 | -1,311 |
Current transfers balance | 535 | 820 | 1,150 | 1,062 | 1,109 | 1,158 | 1,238 |
Current-account balance | 890 | 459 | 66 | -1,162 | -1,060 | -364 | -420 |
External debt (US$ m) | |||||||
Debt stock | 6,502 | 6,808b | 7,112b | 7,243 | 7,537 | 7,835 | 8,186 |
Debt service paid | 187 | 182b | 192b | 196 | 199 | 203 | 214 |
Principal repayments | 130 | 126b | 127b | 127 | 128 | 128 | 129 |
Interest | 57 | 56b | 65b | 68 | 71 | 75 | 85 |
International reserves (US$ m) | |||||||
Total international reserves | 16,496 | 17,052 | 17,100 | 17,436a | 17,784 | 18,140 | 18,503 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | |||||||
Source: Central Bank of Syria; IMF, International Financial Statistics; World Bank, Global Development Finance. |
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