Non-oil Revenue for General Government for Syrian Arab Republic

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

Latest Value

21.19

Year-over-Year Change

10.43%

Date Range

1/1/2000 - 1/1/2010

Summary

The Non-oil Revenue for General Government for Syrian Arab Republic measures the government's revenue from sources other than oil and gas exports. This metric is crucial for understanding the fiscal health and diversification of the Syrian economy.

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 indicator tracks the total revenue collected by the Syrian government, excluding income from oil and natural gas. It provides insight into the government's ability to generate funds from other economic activities, which is important for assessing the economy's resilience and long-term growth potential.

Methodology

The data is collected and reported by the International Monetary Fund (IMF).

Historical Context

Policymakers and economists use this metric to evaluate the Syrian government's fiscal policies and the broader economic landscape.

Key Facts

  • Non-oil revenue accounts for over 60% of total government revenue in Syria.
  • The Syrian government has historically relied on oil exports to fund its activities.
  • Diversifying revenue sources is a key priority for the Syrian government.

FAQs

Q: What does this economic trend measure?

A: This trend measures the revenue collected by the Syrian government from sources other than oil and gas exports, providing insight into the diversification of the country's economy.

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

A: This metric is crucial for understanding the fiscal health and long-term growth potential of the Syrian economy, as it reflects the government's ability to generate funds from non-oil sources.

Q: How is this data collected or calculated?

A: The data is collected and reported by the International Monetary Fund (IMF).

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to evaluate the Syrian government's fiscal policies and the broader economic landscape, particularly in terms of economic diversification and resilience.

Q: Are there update delays or limitations?

A: The data may be subject to periodic revisions and updates by the IMF, and there may be delays in data availability due to the complex political and economic situation in Syria.

Related Trends

Citation

U.S. Federal Reserve, Non-oil Revenue for General Government for Syrian Arab Republic (SYRGGRXOGDPXOPT), retrieved from FRED.