Insurance and financial services (% of commercial service exports) in Syria
Syria: Insurance and financial services (% of commercial service exports) was 1.1% in 2010. ▲ Rising
Insurance and financial services in Syria, 2003–2010
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Syria recorded 1.1% for insurance and financial services in 2010.
That represents a change of down 61.0% on the previous year and down 41.0% over ten years.
Syria ranks 140th of 190 countries on this measure, in the middle of the range.
Insurance and financial services (% of commercial service exports) in Syria, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2003 | 1.9% | — |
| 2004 | 1.1% | -42.0% |
| 2005 | 1.1% | -1.4% |
| 2006 | 2.4% | +120.9% |
| 2007 | 2.9% | +18.5% |
| 2008 | 3.5% | +23.9% |
| 2009 | 2.9% | -18.4% |
| 2010 | 1.1% | -61.0% |
Syria compared with similar countries
- Syria's 1.1% is below the median for low income countries, which is 4.1%, 28% of the median. (21 countries reporting)
- Syria's 1.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.6%, 44% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 1.1% | 3.5% | 7 |
| 2010s | 1.1% | 1.1% | 1.1% | 1 |
Countries ranked near Syria
More private sector data for Syria
- Merchandise trade 79.2% (2025)
- Food imports 21.0% (2010)
- Manufactures imports 54.1% (2010)
- Merchandise imports 7.91 billion current US$ (2025)
- Commercial service imports 3.44 billion current US$ (2010)
- Food exports 21.0% (2010)
- Manufactures exports 24.7% (2010)
- Merchandise exports 3.38 billion current US$ (2025)
- Commercial service exports 7.04 billion current US$ (2010)
- Merchandise exports (current US$), per capita 132.12 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Syria?
- Insurance and financial services in Syria was 1.1% in 2010, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Syria?
- The highest recorded value was 3.5% in 2008.
- What is the lowest insurance and financial services recorded in Syria?
- The lowest recorded value was 1.1% in 2005.
- How does Syria rank for insurance and financial services?
- Syria ranks 140th out of 190 countries with data for 2010.
- Is insurance and financial services rising or falling in Syria?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is rising.
- Where does this Syria data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.