Syrian Arab Republic - Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Syrian Arab Republic was 12.69 as of 2019. Its highest value over the past 59 years was 41.04 in 2005, while its lowest value was 7.02 in 2014.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 21.36
1961 17.60
1962 20.93
1963 19.43
1964 16.71
1965 17.04
1966 17.66
1967 15.75
1968 17.36
1969 17.11
1970 17.50
1971 17.35
1972 18.14
1973 22.06
1974 24.08
1975 21.41
1976 19.53
1977 18.17
1978 14.84
1979 19.14
1980 18.23
1981 15.64
1982 13.92
1983 13.25
1984 12.42
1985 11.95
1986 11.26
1987 15.66
1988 16.78
1989 30.07
1990 28.34
1991 24.41
1992 26.26
1993 27.87
1994 33.06
1995 31.04
1996 31.83
1997 32.42
1998 30.53
1999 32.32
2000 36.12
2001 36.89
2002 39.75
2003 32.21
2004 40.45
2005 41.04
2006 39.01
2007 38.59
2008 37.56
2009 29.06
2010 32.17
2011 19.37
2012 7.71
2013 7.78
2014 7.02
2015 7.08
2016 9.30
2017 8.98
2018 14.91
2019 12.69

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts