Syrian Arab Republic's commercial banks and other lending (PPG + PNG) (NFL, current US$) was US$0 in 2024, the latest year in the World Bank's World Development Indicators. That is up 100% from −US$612,000 in 2019.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$0 | 2024 |
| Five years earlier | −US$612,000 | 2019 |
| Ten years earlier | US$0 | 2014 |
| Highest | US$0 | 2012 |
| Lowest | −US$2.48 million | 2008 |
| Average since 2015 | −US$247,200 | 2015–2024 |
| First recorded | −US$2.48 million |
What the numbers say
In 2024, Syrian Arab Republic's commercial banks and other lending (PPG + PNG) (NFL, current US$) did not change US$0 on 2023 (from US$0 to US$0).
Across the 15 yearly changes before that (2009 to 2023), the average change was +US$165,200 and a typical year strayed about US$746,595 from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$2.33 million in 2012 and the biggest yearly fall was US$1.22 million in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 7% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Syrian Arab Republic had the 41st highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Syrian Arab Republic | US$0 | 2024 |
| Low income | US$3.5 billion | 2024 |
Closest to Syrian Arab Republic in the 2024 ranking
What this measures
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).
Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.
Regional and income-group figures are computed by the World Bank as a sum.
All 17 values
| Year | Commercial banks and other lending (PPG + PNG) (NFL, current US$) |
|---|---|
| 2024 | 0 |
| 2023 | 0 |
| 2022 | 0 |
| 2021 | 0 |
| 2020 | 0 |
| 2019 | -612,000 |
| 2018 | -1,519,000 |
| 2017 | -296,000 |
| 2016 | -45,000 |
| 2015 | 0 |
| 2014 |
Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies
- Algeria — US$12.51 million (2022)
- Djibouti — −US$2.64 million (2015)
- Egypt, Arab Rep. — −US$451.06 million (2024)
- Iran, Islamic Rep. — −US$20.97 million (2024)
- Jordan — −US$631.12 million (2024)
- Lebanon — −US$959.17 million (2024)
- Morocco — US$170.33 million (2024)
- Pakistan — US$834.85 million (2024)
- Tunisia
More economic policy & debt data for Syrian Arab Republic
- Grants, excluding technical cooperation (BoP, current US$) — US$8.91 billion (2023)
- Technical cooperation grants (BoP, current US$) — US$305.05 million (2023)
- Net bilateral aid flows from DAC donors, Germany (current US$) — US$820.37 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$2.65 billion (2023)
- Net official development assistance and official aid received (current US$) — US$9.21 billion (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$9.21 billion (2023)
- Net official development assistance received (current US$) — US$9.21 billion (2023)
Reading data like this
Questions people ask
- What is Syrian Arab Republic's commercial banks and other lending (PPG + PNG) (NFL, current US$)?
- US$0 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is up 100% from −US$2.48 million in 2008. The highest value was US$0 in 2012 and the lowest −US$2.48 million in 2008.
- How does Syrian Arab Republic rank?
- 41st highest of 87 economies with data for 2024.
- Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Syrian Arab Republic?
- In 2024, Syrian Arab Republic's commercial banks and other lending (PPG + PNG) (NFL, current US$) did not change US$0 on 2023 (from US$0 to US$0). Across the 15 yearly changes before that (2009 to 2023), the average change was +US$165,200 and a typical year strayed about US$746,595 from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in