Insurance and financial services in Syrian Arab Republic
Syrian Arab Republic: Insurance and financial services was 3.9% in 2010. ▲ Rising
Insurance and financial services in Syrian Arab Republic, 1977–2010
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Syrian Arab Republic recorded 3.9% for insurance and financial services in 2010.
That represents a change of down 22.9% on the previous year and up 101.9% over ten years.
Over the whole period, insurance and financial services in Syrian Arab Republic peaked at 15.2% in 2006 and was at its lowest, 1.9%, in 2003.
Syrian Arab Republic ranks 136th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Insurance and financial services in Syrian Arab Republic, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1977 | 5.7% | — |
| 1978 | 5.3% | -7.1% |
| 1979 | 6.6% | +25.7% |
| 1980 | 3.4% | -48.4% |
| 1981 | 5.7% | +67.7% |
| 1982 | 5.0% | -12.8% |
| 1983 | 5.3% | +6.3% |
| 1984 | 4.7% | -11.1% |
| 1985 | 5.3% | +11.9% |
| 1986 | 4.3% | -17.8% |
| 1987 | 5.3% | +21.2% |
| 1988 | 5.0% | -5.2% |
| 1989 | 4.2% | -16.5% |
| 1990 | 4.4% | +5.3% |
| 1991 | 4.8% | +10.2% |
| 1992 | 5.6% | +15.8% |
| 2003 | 1.9% | -65.3% |
| 2004 | 3.1% | +58.9% |
| 2005 | 3.2% | +3.9% |
| 2006 | 15.2% | +372.9% |
| 2007 | 9.3% | -38.5% |
| 2008 | 7.9% | -15.3% |
| 2009 | 5.1% | -35.6% |
| 2010 | 3.9% | -22.9% |
Syrian Arab Republic compared with similar countries
- Syrian Arab Republic's 3.9% is below the median for low income countries, which is 4.2%, 94% of the median. (22 countries reporting)
- Syrian Arab Republic's 3.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.7%, 59% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Syrian Arab Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +372.9% | 3.2% | 15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.9% | 5.3% | 6.6% | 3 |
| 1980s | 4.8% | 3.4% | 5.7% | 10 |
| 1990s | 4.9% | 4.4% | 5.6% | 3 |
| 2000s | 6.5% | 1.9% | 15.2% | 7 |
| 2010s | 3.9% | 3.9% | 3.9% | 1 |
Countries ranked near Syrian Arab Republic
- 133 Mali 4.0% compare
- 134 Venezuela, Bolivarian Republic of 4.0% compare
- 135 Côte d'Ivoire 4.0% compare
- 137 Rwanda 3.9%
- 138 Guinea-Bissau 3.9% compare
- 139 Sudan 3.9% compare
More private sector data for Syrian Arab Republic
- Merchandise trade 79.2% (2025)
- Food imports 21.0% (2010)
- Manufactures imports 54.1% (2010)
- Merchandise imports 7.91 billion current US$ (2025)
- Food exports 21.0% (2010)
- Manufactures exports 24.7% (2010)
- Merchandise exports 3.38 billion current US$ (2025)
- Merchandise exports (current US$), per capita 132.12 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0816 current US$ per US$ of GDP (2022)
- Merchandise exports (current US$), annual growth rate 1.8 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Syrian Arab Republic?
- Insurance and financial services in Syrian Arab Republic was 3.9% 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 Syrian Arab Republic?
- The highest recorded value was 15.2% in 2006.
- What is the lowest insurance and financial services recorded in Syrian Arab Republic?
- The lowest recorded value was 1.9% in 2003.
- How does Syrian Arab Republic rank for insurance and financial services?
- Syrian Arab Republic ranks 136th out of 197 countries with data for 2010.
- Is insurance and financial services rising or falling in Syrian Arab Republic?
- Over the last ten years it is up 101.9%. The long-run trend across the full record is rising.
- Where does this Syrian Arab Republic 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 imports). 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 imports which are commercial services provided by non-residents to residents.