Exports of Goods and Services for Syrian Arab Republic

SYRBXUSD • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19,057,589,296.80

Year-over-Year Change

197.82%

Date Range

1/1/2000 - 1/1/2010

Summary

The 'Exports of Goods and Services for Syrian Arab Republic' metric tracks the total value of all goods and services exported from Syria to other countries. This is a key economic indicator used to assess Syria's trade balance and international economic engagement.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series represents the total dollar value of all goods and services exported from the Syrian Arab Republic to the rest of the world. It is a critical macroeconomic indicator that provides insight into Syria's trade position, foreign exchange earnings, and overall economic activity.

Methodology

The data is collected and reported by the Syrian Central Bureau of Statistics.

Historical Context

Policymakers and analysts use this metric to evaluate Syria's trade competitiveness, exchange rate policy, and progress on economic reforms.

Key Facts

  • Syria's exports totaled $5.7 billion in 2021.
  • Crude oil and mineral fuels account for over 50% of Syria's exports.
  • Syria ran a trade deficit of $2.8 billion in 2021.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total value of all goods and services exported from the Syrian Arab Republic to other countries.

Q: Why is this trend relevant for users or analysts?

A: This is a key indicator used to assess Syria's trade balance, foreign exchange earnings, and overall economic activity.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Syrian Central Bureau of Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate Syria's trade competitiveness, exchange rate policy, and progress on economic reforms.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and potential limitations due to political and economic conditions in Syria.

Related Trends

Citation

U.S. Federal Reserve, Exports of Goods and Services for Syrian Arab Republic (SYRBXUSD), retrieved from FRED.