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Economy of Syria vs Trinidad and Tobago compared: GDP & Debt

Updated on by Georank team

Syria has a GDP of $20B compared to $25.6B for Trinidad and Tobago, ranking 129/197 and 115/197 by economy size, respectively.

Syria has $18.4B in government debt (30% of GDP), compared to $16.5B (64.2% of GDP) in Trinidad and Tobago.

Syria vs Trinidad and Tobago GDP by year

Syria
Trinidad and Tobago
1x
Year GDP, current $
Syria Trinidad
2024 - $25,633,544,529
2023 $19,993,439,950 $25,036,993,423
2022 $23,622,827,080 $28,341,164,301
2021 $14,353,205,678 $24,222,963,263
2020 $12,047,752,036 $20,888,515,184
2019 $22,583,045,060 $23,477,745,792
2018 $21,497,782,868 $23,883,058,083
2017 $16,369,843,352 $23,830,750,901
2016 $12,597,854,877 $23,624,322,193
2015 $16,466,863,117 $26,841,141,793
2014 $21,502,061,466 $29,474,180,005
2013 $21,361,254,635 $28,560,537,057
2012 $43,190,318,033 $27,147,349,937
2011 $67,539,428,159 $25,433,007,437
2010 $61,390,830,875 $22,157,920,592
2009 $54,111,735,629 $19,172,165,226
2008 $52,557,913,569 $27,871,587,350
2007 $40,465,318,382 $21,641,620,050
2006 $33,751,788,856 $18,369,361,094
2005 $28,858,965,517 $15,982,389,018
2004 $25,086,950,495 $13,280,291,990
2003 $21,828,144,686 $11,305,459,802
2002 $20,669,357,462 $9,008,298,229
2001 $20,237,024,725 $8,824,849,191
2000 $18,937,052,543 $8,154,342,116
1999 $15,873,875,969 $6,808,982,521
1998 $15,200,846,154 $6,043,686,654
1997 $14,505,233,463 $5,737,771,523
1996 $13,789,560,878 $5,759,570,336
1995 $11,396,706,587 $5,329,217,747
1994 $10,122,020,000 $4,947,181,646
1993 $13,695,962,055 $4,669,491,134
1992 $13,253,565,861 $5,439,552,941
1991 $12,981,833,333 $5,307,905,882
1990 $12,308,624,418 $5,068,000,000
1989 $9,853,395,762 $4,323,058,824
1988 $10,577,041,645 $4,496,910,569
1987 $11,356,215,543 $4,797,777,778
1986 $13,293,205,278 $4,794,444,444
1985 $16,403,539,893 $7,375,918,367
1984 $17,503,078,174 $7,757,083,333
1983 $17,589,277,143 $7,763,750,000
1982 $16,298,929,011 $8,140,416,667
1981 $15,518,201,335 $6,992,083,333
1980 $13,062,420,382 $6,235,833,333
1979 $9,929,681,529 $4,602,416,625
1978 $9,275,200,458 $3,562,333,458
1977 $7,696,011,396 $3,138,666,667
1976 $7,633,528,867 $2,500,424,955
1975 $6,826,980,444 $2,442,669,825
1974 $5,159,557,148 $2,042,001,071
1973 $3,239,487,516 $1,308,785,431
1972 $3,059,681,698 $1,083,391,758
1971 $2,589,851,325 $896,765,215
1970 $2,140,384,010 $821,850,000
1969 $2,245,011,515 $779,200,000
1968 $1,753,746,430 $758,899,950
1967 $1,580,229,799 $761,981,912
1966 $1,342,287,553 $723,739,857
1965 $1,472,036,540 $736,573,159
1964 $1,339,494,267 $711,897,520
1963 $1,200,447,408 $678,239,329
1962 $1,110,565,881 $619,322,810
1961 $945,244,972 $584,964,621
1960 $857,704,413 $535,673,252

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/syria/trinidad-and-tobago | CC BY

GDP per capita in Syria vs Trinidad and Tobago by year

Syria
GDP per capita

GDP per capita, PPP
Trinidad and Tobago
GDP per capita

GDP per capita, PPP
1x
Year Current $
Syria Trinidad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $18,733 $36,329
2023 $847 $4,650 $18,308 $34,623
2022 $1,052 $4,772 $20,751 $32,979
2021 $664 $4,593 $17,713 $30,482
2020 $572 $3,738 $15,284 $26,731
2019 $1,110 $3,502 $17,213 $29,316
2018 $1,098 $3,456 $17,571 $28,673
2017 $852 $3,265 $17,566 $28,484
2016 $656 - $17,449 $28,232
2015 $848 - $19,887 $29,825
2014 $1,061 - $21,908 $32,027
2013 $986 - $21,305 $31,746
2012 $1,898 - $20,332 $31,883
2011 $2,952 - $19,151 $31,078
2010 $2,731 - $16,815 $30,778
2009 $2,462 - $14,634 $29,602
2008 $2,429 - $21,299 $30,807
2007 $1,938 - $16,607 $29,355
2006 $1,719 - $14,153 $27,393
2005 $1,534 - $12,346 $23,536
2004 $1,368 - $9,871 $20,674
2003 $1,220 - $8,445 $18,743
2002 $1,183 - $6,763 $16,141
2001 $1,187 - $6,657 $14,797
2000 $1,138 - $6,179 $13,953
1999 $978 - $5,179 $12,812
1998 $961 - $4,613 $11,735
1997 $941 - $4,394 $10,769
1996 $918 - $4,427 $9,883
1995 $780 - $4,115 $9,099
1994 $712 - $3,840 $8,631
1993 $993 - $3,647 $8,209
1992 $990 - $4,277 $8,129
1991 $1,000 - $4,205 $7,274
1990 $978 - $4,047 $6,878
1989 $809 - $3,482 -
1988 $898 - $3,656 -
1987 $997 - $3,941 -
1986 $1,208 - $3,985 -
1985 $1,544 - $6,212 -
1984 $1,706 - $6,613 -
1983 $1,776 - $6,690 -
1982 $1,703 - $7,091 -
1981 $1,676 - $6,160 -
1980 $1,458 - $5,559 -
1979 $1,146 - $4,155 -
1978 $1,108 - $3,258 -
1977 $951 - $2,907 -
1976 $976 - $2,345 -
1975 $904 - $2,319 -
1974 $707 - $1,962 -
1973 $459 - $1,273 -
1972 $448 - $1,067 -
1971 $393 - $894 -
1970 $335 - $829 -
1969 $364 - $795 -
1968 $293.3 - $783 -
1967 $272.9 - $797 -
1966 $239.3 - $768 -
1965 $270.8 - $793 -
1964 $254.2 - $780 -
1963 $234.9 - $756 -
1962 $223.9 - $704 -
1961 $196.3 - $678 -
1960 $183.5 - $634 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/syria/trinidad-and-tobago | CC BY

Syria's GDP per capita is $847, ranking 185/197, compared to $18,733 in Trinidad and Tobago, ranking 61/197. Adjusted for purchasing power (GDP per capita PPP), Syria ranks 160th at $4,650, while Trinidad and Tobago ranks 62nd at $36,329.

Economic indicators

Syria Trinidad
Gross domestic product
$20B
2023
$25.6B
2024
GDP rank
129/197
2023
115/197
2024
GDP growth
-1.21%
2022-2023
2.51%
2023-2024
GDP per capita
$847
2023
$18,733
2024
GDP per capita rank
185/197
2023
61/197
2024
GDP per capita, PPP
$4,650
2023
$36,329
2024
GDP per capita PPP rank
160/197
2023
62/197
2024
Government debt
$18.4B
2010
$16.5B
2024
Debt-to-GDP ratio
30%
2010
64.2%
2024
Government debt per person
$820
2010
$12,028
2024
Government debt per person rank
148/185
2010
45/185
2024
Average annual personal income after taxes
$730
2026
$11,007
2026
Market capitalization of domestic companies n/a
$3.89B
2001
Income share by richest 10%
21.1%
2022
29.9%
1992
Income share by poorest 10%
3.8%
2022
2.1%
1992
Government expenditure, % of GDP
28.6%
2010
32.3%
2024
Consumer prices inflation
13.4%
2018-2019
0.53%
2023-2024
Central bank interest rate n/a
3.5%
2020
Unemployment rate
8.61%
2010
4.01%
2024
Population
26829400
1374840

Spending and national debt comparison by year

Syria
Spending

Debt
Trinidad and Tobago
Spending

Debt
1x
Year % of GDP
Syria Trinidad
Government spending Government debt Government spending Government debt
2024 - - 32.3% 64.2%
2023 - - 33.5% 62.2%
2022 - - 27.2% 51.3%
2021 - - 30.3% 58.4%
2020 - - 36.2% 62.5%
2019 - - 31.2% 46.2%
2018 - - 30.2% 41.5%
2017 - - 30.7% 39.8%
2016 - - 31.9% 35.4%
2015 - - 35% 27.1%
2014 - - 32.8% 23.5%
2013 - - 31.3% 21.6%
2012 - - 29.5% 21.8%
2011 - - 29.4% 26.4%
2010 28.6% 30% 30.4% 16.8%
2009 26.7% 31.2% 37% 20.7%
2008 22.9% 37.3% 26.7% 13.5%
2007 25.7% 42.7% 25.7% 16.2%
2006 26.3% 45% 31.6% 16.9%
2005 28.2% 50.7% 26.7% 19.8%
2004 31.3% 113% 22.5% 24.2%
2003 32.6% 133.4% 22.2% 30.2%
2002 28.5% 132.4% 24.4% 37%
2001 28% 144.5% 24.8% 36.6%
2000 27.4% 152.1% 23.1% 38.9%
1999 28% 147.7% 24.1% 42.2%
1998 28.8% 151.2% 26.9% 42.8%
1997 29% 147.6% 27.2% 46.1%
1996 27.7% 141.5% 27.6% 47%
1995 29.8% 152.6% 26.2% 50.1%
1994 30.3% 163% 25.4% 52.6%
1993 29.4% 171.9% 26.9% 58.8%
1992 34.2% 173.6% 28.6% 49.2%
1991 34.3% 182.4% 29.6% 49.5%
1990 28.3% 189.8% 26.9% 47.7%
1989 - - 30.9% 51.9%
1988 - - 45.3% 65.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

GeoRank.org/economy/syria/trinidad-and-tobago | CC BY

In 2024, Syria's government spending was $17.6B, accounting for 28.6% of its GDP, while Trinidad and Tobago spent $8.28B, or 32.3% of GDP.

Debt-to-GDP ratio is 30% in Syria and 64.2% in Trinidad and Tobago, ranking 157/185 and 70/185, respectively.

Government deficit by year

Deficit/surplus
Syria

Trinidad and Tobago
1x
Year Deficit/surplus, % of GDP
Syria Trinidad
2024 - -5.24%
2023 - -1.24%
2022 - 0.92%
2021 - -8.1%
2020 - -12.2%
2019 - -3.74%
2018 - -5.89%
2017 - -10.4%
2016 - -10.1%
2015 - -7.56%
2014 - -4.31%
2013 - -2.67%
2012 - -1.26%
2011 - -0.67%
2010 -7.79% 0.13%
2009 -2.89% -5.42%
2008 -2.86% 5.39%
2007 -2.99% 3.12%
2006 -1.12% 1.56%
2005 -4.41% 2.36%
2004 -4.18% 1.84%
2003 -2.7% 1.8%
2002 -2.02% -0.2%
2001 2.3% 0.61%
2000 -1.36% 0.17%
1999 -1.47% -0.88%
1998 -2.81% -1.8%
1997 -1.78% 0.11%
1996 -2.83% -0.45%
1995 -3.81% 0.17%
1994 -6% -0.02%
1993 -4.96% 0.23%
1992 -7.26% -2.74%
1991 -6.57% -0.21%
1990 -3.92% -1.27%
1989 - -4.46%
1988 - -9.34%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

GeoRank.org/economy/syria/trinidad-and-tobago | CC BY

In 2010, Syria's government deficit, the difference between spending and revenue, was $4.78B, equivalent to 7.79% of GDP. This compares to Trinidad and Tobago's surplus of $29M, or 0.13% of GDP.

Over the past 21 years, Syria recorded a fiscal deficit in 20 of those years, while Trinidad and Tobago ran a deficit in 9 years. On average, Syria posted an annual deficit equal to 3.4% of GDP, compared to surplus of 0.21% of GDP for Trinidad and Tobago.

Inflation comparison by year

Inflation
Syria

Trinidad and Tobago
1x
Year Consumer prices inflation
Syria Trinidad
2024 - 0.53%
2023 - 4.63%
2022 - 5.83%
2021 - 2.06%
2020 - 0.6%
2019 13.4% 1%
2018 0.94% 1.02%
2017 18.1% 1.88%
2016 47.7% 3.07%
2015 38.5% 4.66%
2014 10.9% 5.68%
2013 40% 5.2%
2012 36.7% 9.26%
2011 4.75% 5.11%
2010 4.4% 10.5%
2009 2.92% 6.98%
2008 15.7% 12%
2007 3.91% 7.89%
2006 10% 8.33%
2005 7.24% 6.87%
2004 4.43% 3.72%
2003 5.8% 3.81%
2002 -0.13% 4.15%
2001 3% 5.54%
2000 -3.85% 3.56%
1999 -3.7% 3.44%
1998 -0.8% 5.61%
1997 1.89% 3.63%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/syria/trinidad-and-tobago | CC BY

Over the past 23 years, Syria has recorded an average annual inflation rate of 11.4%, compared with 5.35% in Trinidad and Tobago. In 2019, inflation was 13.4% in Syria and 0.53% in Trinidad and Tobago.

Top exports between countries

Syria
Export category Export value
Processed food, beverages & tobacco $91K
Textiles & consumer goods $44K
Metals $12K
Raw materials & minerals $12K
Machinery & equipment $9K
Chemicals & pharma $5K
Raw agricultural goods $4K
Precious metals & jewellery $1K
Trinidad
Export category Export value

Balance of trade

Syria Trinidad
Current account balance
-$367M
2010
$645M
2024
Current account balance ranking
103/190
2010
58/190
2024
Current account balance, % of GDP
-0.6%
2010
+2.52%
2024
Goods imports
$15.9B
2010
$7.54B
2024
Goods exports
$12.3B
2010
$10B
2024
Service imports
$3.53B
2010
$2.71B
2024
Service exports
$7.33B
2010
$1.26B
2024
Imports of goods and services, % of GDP
28.8%
2022
n/a
Exports of goods and services, % of GDP
6.81%
2022
45%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Syria Trinidad
Economic freedom 51.2 62.4
Economic freedom ranking 155/197 87/197
Property rights 4 47.3
Government integrity 3.6 45.5
Judicial effectiveness 3.7 58.8
Tax burden 87.3 76.1
Government spending 78.5 71.1
Fiscal health 13.8 86.3
Business freedom 33.8 67.1
Labor freedom 37.2 57.2
Monetary freedom 80 81
Trade freedom 47 68.8
Investment freedom 0 50
Financial freedom 20 40

Economic freedom comparison by year

Syria
Trinidad and Tobago
1x
Year Economic freedom index
Syria Trinidad
2026 - 62.4
2025 - 63.6
2024 - 60.4
2023 - 59.5
2022 - 58.8
2021 - 59
2020 - 58.3
2019 - 57
2018 - 57.7
2017 - 61.2
2016 - 62.9
2015 - 64.1
2014 - 62.7
2013 - 62.3
2012 51.2 64.4
2011 51.3 66.5
2010 49.4 65.7
2009 51.3 68
2008 47.2 69.5
2007 48.3 70.6
2006 51.2 70.4
2005 46.3 71.5
2004 40.6 71.3
2003 41.3 68.8
2002 36.3 70.1
2001 36.6 71.8
2000 37.2 74.5
1999 39 72.4
1998 42.2 72
1997 43 71.3
1996 42.3 69.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/syria/trinidad-and-tobago | CC BY

The Economic Freedom Index for Syria is 51.2, ranking 155/197, compared to 62.4 for Trinidad and Tobago, ranking 87/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Syria Trinidad
Services, % of GDP
44.9%
2022
59.2%
2024
Industry, % of GDP
12%
2022
34.6%
2024
Agriculture, forestry, and fishing, % of GDP
43.1%
2022
0.78%
2024
GNI, Atlas method
$18.2B
2023
$27B
2024
GNI per capita, PPP
$4,480
2023
$36,580
2024
Total reserves including gold
$20.6B
2010
$5.6B
2024
Total reserves ranking
62/177
2010
94/177
2024
Net foreign direct investment
-$1.47B
2010
$980M
2024
Net inflows of foreign direct investment
$0
2024
-$453M
2024
Net outflows of foreign direct investment
$0
2024
$527M
2024
Servicing debt to the IMF, % of GNI
0.15%
2023
n/a
Poverty at national poverty lines
35.2%
2007
20%
2020
Gross capital formation, % of GDP
16%
1969
19%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/syria/trinidad-and-tobago | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20)
  6. TradeMap (2010, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.