Insurance and financial services (% of commercial service imports) in Syria
Syria: Insurance and financial services (% of commercial service imports) was 3.9% in 2010. ▲ Rising
Insurance and financial services in Syria, 1977–2010
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Syria 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 Syria peaked at 15.2% in 2006 and was at its lowest, 1.9%, in 2003.
Syria 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 (% of commercial service imports) in Syria, 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% |
Syria compared with similar countries
- Syria's 3.9% is below the median for low income countries, which is 4.4%, 88% of the median. (22 countries reporting)
- Syria'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 (% of commercial service imports) in Syria 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 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 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 Syria?
- The highest recorded value was 15.2% in 2006.
- What is the lowest insurance and financial services recorded in Syria?
- The lowest recorded value was 1.9% in 2003.
- How does Syria rank for insurance and financial services?
- Syria ranks 136th out of 197 countries with data for 2010.
- Is insurance and financial services rising or falling in Syria?
- Over the last ten years it is up 101.9%. 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 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.