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Economy of Syria vs Uruguay compared: GDP & Debt

Updated on by Georank team

Syria has a GDP of $20B compared to $81B for Uruguay, ranking 129/197 and 81/197 by economy size, respectively.

Syria has $18.4B in government debt (30% of GDP), compared to $55.6B (68.7% of GDP) in Uruguay.

Syria vs Uruguay GDP by year

Syria
Uruguay
1x
Year GDP, current $
Syria Uruguay
2024 - $80,961,511,074
2023 $19,993,439,950 $77,991,666,838
2022 $23,622,827,080 $70,594,110,920
2021 $14,353,205,678 $60,739,084,241
2020 $12,047,752,036 $53,559,359,262
2019 $22,583,045,060 $62,222,313,619
2018 $21,497,782,868 $65,344,577,416
2017 $16,369,843,352 $65,005,997,963
2016 $12,597,854,877 $57,480,787,465
2015 $16,466,863,117 $57,680,327,999
2014 $21,502,061,466 $61,496,186,974
2013 $21,361,254,635 $61,337,621,934
2012 $43,190,318,033 $54,232,266,359
2011 $67,539,428,159 $50,342,406,067
2010 $61,390,830,875 $41,950,361,212
2009 $54,111,735,629 $32,708,319,078
2008 $52,557,913,569 $31,119,602,539
2007 $40,465,318,382 $23,797,773,024
2006 $33,751,788,856 $19,741,420,740
2005 $28,858,965,517 $17,362,857,684
2004 $25,086,950,495 $13,686,329,890
2003 $21,828,144,686 $12,045,638,352
2002 $20,669,357,462 $13,606,515,723
2001 $20,237,024,725 $20,898,761,742
2000 $18,937,052,543 $22,823,270,892
1999 $15,873,875,969 $23,983,945,191
1998 $15,200,846,154 $25,385,886,978
1997 $14,505,233,463 $23,969,739,234
1996 $13,789,560,878 $20,515,458,114
1995 $11,396,706,587 $19,297,663,097
1994 $10,122,020,000 $17,474,588,896
1993 $13,695,962,055 $15,002,136,971
1992 $13,253,565,861 $12,878,148,791
1991 $12,981,833,333 $11,206,176,651
1990 $12,308,624,418 $9,298,807,850
1989 $9,853,395,762 $8,438,951,476
1988 $10,577,041,645 $8,213,538,369
1987 $11,356,215,543 $7,367,494,080
1986 $13,293,205,278 $5,880,112,788
1985 $16,403,539,893 $4,732,017,873
1984 $17,503,078,174 $4,850,238,550
1983 $17,589,277,143 $5,102,276,308
1982 $16,298,929,011 $9,178,780,077
1981 $15,518,201,335 $11,048,301,421
1980 $13,062,420,382 $10,163,020,116
1979 $9,929,681,529 $7,181,182,224
1978 $9,275,200,458 $4,910,254,566
1977 $7,696,011,396 $4,114,670,014
1976 $7,633,528,867 $3,667,161,241
1975 $6,826,980,444 $3,538,278,047
1974 $5,159,557,148 $4,090,209,682
1973 $3,239,487,516 $3,964,296,443
1972 $3,059,681,698 $2,189,418,689
1971 $2,589,851,325 $2,807,258,065
1970 $2,140,384,010 $2,137,096,774
1969 $2,245,011,515 $2,004,435,484
1968 $1,753,746,430 $1,593,674,185
1967 $1,580,229,799 $1,597,713,469
1966 $1,342,287,553 $1,809,185,094
1965 $1,472,036,540 $1,890,767,156
1964 $1,339,494,267 $1,975,701,816
1963 $1,200,447,408 $1,539,681,491
1962 $1,110,565,881 $1,710,004,407
1961 $945,244,972 $1,547,388,781
1960 $857,704,413 $1,242,289,239

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

GeoRank.org/economy/syria/uruguay | CC BY

GDP per capita in Syria vs Uruguay by year

Syria
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Syria Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $23,907 $36,418
2023 $847 $4,650 $23,019 $34,471
2022 $1,052 $4,772 $20,819 $33,001
2021 $664 $4,593 $17,882 $29,432
2020 $572 $3,738 $15,758 $25,725
2019 $1,110 $3,502 $18,316 $25,783
2018 $1,098 $3,456 $19,250 $24,386
2017 $852 $3,265 $19,185 $23,607
2016 $656 - $17,010 $22,841
2015 $848 - $17,126 $22,169
2014 $1,061 - $18,322 $21,868
2013 $986 - $18,335 $20,661
2012 $1,898 - $16,260 $19,495
2011 $2,952 - $15,132 $19,135
2010 $2,731 - $12,641 $17,873
2009 $2,462 - $9,881 $16,422
2008 $2,429 - $9,424 $15,694
2007 $1,938 - $7,222 $14,397
2006 $1,719 - $6,001 $13,179
2005 $1,534 - $5,284 $12,296
2004 $1,368 - $4,169 $11,103
2003 $1,220 - $3,671 $10,303
2002 $1,183 - $4,150 $10,030
2001 $1,187 - $6,383 $10,719
2000 $1,138 - $6,988 $10,929
1999 $978 - $7,371 $10,938
1998 $961 - $7,837 $11,002
1997 $941 - $7,436 $10,461
1996 $918 - $6,398 $9,524
1995 $780 - $6,050 $8,906
1994 $712 - $5,508 $8,897
1993 $993 - $4,753 $8,162
1992 $990 - $4,102 $7,808
1991 $1,000 - $3,589 $7,112
1990 $978 - $2,995 $6,683
1989 $809 - $2,734 -
1988 $898 - $2,677 -
1987 $997 - $2,416 -
1986 $1,208 - $1,939 -
1985 $1,544 - $1,568 -
1984 $1,706 - $1,615 -
1983 $1,776 - $1,707 -
1982 $1,703 - $3,085 -
1981 $1,676 - $3,728 -
1980 $1,458 - $3,443 -
1979 $1,146 - $2,443 -
1978 $1,108 - $1,678 -
1977 $951 - $1,414 -
1976 $976 - $1,268 -
1975 $904 - $1,232 -
1974 $707 - $1,433 -
1973 $459 - $1,397 -
1972 $448 - $776 -
1971 $393 - $1,000 -
1970 $335 - $766 -
1969 $364 - $723 -
1968 $293.3 - $579 -
1967 $272.9 - $585 -
1966 $239.3 - $668 -
1965 $270.8 - $705 -
1964 $254.2 - $745 -
1963 $234.9 - $587 -
1962 $223.9 - $659 -
1961 $196.3 - $604 -
1960 $183.5 - $491 -

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

GeoRank.org/economy/syria/uruguay | CC BY

Syria's GDP per capita is $847, ranking 185/197, compared to $23,907 in Uruguay, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Syria ranks 160th at $4,650, while Uruguay ranks 61st at $36,418.

Economic indicators

Syria Uruguay
Gross domestic product
$20B
2023
$81B
2024
GDP rank
129/197
2023
81/197
2024
GDP growth
-1.21%
2022-2023
3.11%
2023-2024
GDP per capita
$847
2023
$23,907
2024
GDP per capita rank
185/197
2023
52/197
2024
GDP per capita, PPP
$4,650
2023
$36,418
2024
GDP per capita PPP rank
160/197
2023
61/197
2024
Government debt
$18.4B
2010
$55.6B
2024
Debt-to-GDP ratio
30%
2010
68.7%
2024
Government debt per person
$820
2010
$16,421
2024
Government debt per person rank
148/185
2010
38/185
2024
Average annual personal income after taxes
$730
2026
$12,433
2026
Market capitalization of domestic companies n/a
$284M
1996
Income share by richest 10%
21.1%
2022
30%
2024
Income share by poorest 10%
3.8%
2022
2.2%
2024
Government expenditure, % of GDP
28.6%
2010
31.1%
2024
Consumer prices inflation
13.4%
2018-2019
4.85%
2023-2024
Central bank interest rate n/a
8.25%
2025
Unemployment rate
8.61%
2010
8.21%
2024
Population
26829400
3382789

Spending and national debt comparison by year

Syria
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Syria Uruguay
Government spending Government debt Government spending Government debt
2024 - - 31.1% 68.7%
2023 - - 30.5% 64%
2022 - - 30% 59.9%
2021 - - 30.2% 64.1%
2020 - - 32.8% 68.2%
2019 - - 30.6% 59.6%
2018 - - 30.3% 57.9%
2017 - - 29.7% 55.8%
2016 - - 29.7% 56.4%
2015 - - 28.4% 57.8%
2014 - - 29.1% 51.1%
2013 - - 28.8% 50%
2012 - - 27.7% 49.8%
2011 - - 26.3% 41.3%
2010 28.6% 30% 27.4% 40.9%
2009 26.7% 31.2% 27.2% 46.2%
2008 22.9% 37.3% 26.3% 46.2%
2007 25.7% 42.7% 26.8% 52.8%
2006 26.3% 45% 26.8% 61.1%
2005 28.2% 50.7% 26.3% 66.2%
2004 31.3% 113% 26.6% 73.7%
2003 32.6% 133.4% 27.7% 91.9%
2002 28.5% 132.4% 27.6% 90.1%
2001 28% 144.5% 27.8% 39.4%
2000 27.4% 152.1% 26.6% 30.5%
1999 28% 147.7% 27.2% 24.1%
1998 28.8% 151.2% 27.3% 19.4%
1997 29% 147.6% 27.6% 18.8%
1996 27.7% 141.5% 26.5% 18.3%
1995 29.8% 152.6% 26.2% 18.5%
1994 30.3% 163% 29.5% 19.3%
1993 29.4% 171.9% 27.7% 20%
1992 34.2% 173.6% 23.6% 22.2%
1991 34.3% 182.4% 22.2% 20.4%
1990 28.3% 189.8% 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-02-20).

GeoRank.org/economy/syria/uruguay | CC BY

In 2024, Syria's government spending was $17.6B, accounting for 28.6% of its GDP, while Uruguay spent $25.2B, or 31.1% of GDP.

Debt-to-GDP ratio is 30% in Syria and 68.7% in Uruguay, ranking 157/185 and 59/185, respectively.

Government deficit by year

Deficit/surplus
Syria

Uruguay
1x
Year Deficit/surplus, % of GDP
Syria Uruguay
2024 - -3.22%
2023 - -3.13%
2022 - -2.52%
2021 - -2.61%
2020 - -4.64%
2019 - -2.71%
2018 - -1.89%
2017 - -2.51%
2016 - -2.68%
2015 - -1.86%
2014 - -2.6%
2013 - -1.72%
2012 - -2.17%
2011 - -0.33%
2010 -7.79% -0.39%
2009 -2.89% -1.39%
2008 -2.86% -1.31%
2007 -2.99% -0.16%
2006 -1.12% -0.64%
2005 -4.41% -0.28%
2004 -4.18% -0.87%
2003 -2.7% -2.19%
2002 -2.02% -3.19%
2001 2.3% -2.85%
2000 -1.36% -2.76%
1999 -1.47% -2.76%
1998 -2.81% -0.76%
1997 -1.78% -0.97%
1996 -2.83% -1.32%
1995 -3.81% -1.08%
1994 -6% -2.37%
1993 -4.96% -0.47%
1992 -7.26% 0.6%
1991 -6.57% 0.88%
1990 -3.92% 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20).

GeoRank.org/economy/syria/uruguay | 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 Uruguay's deficit of $162M, or 0.39% of GDP.

Over the past 21 years, Syria recorded a fiscal deficit in 20 of those years, while Uruguay ran a deficit in 18 years. On average, Syria posted an annual deficit equal to 3.4% of GDP, compared to deficit of 1.13% of GDP for Uruguay.

Inflation comparison by year

Inflation
Syria

Uruguay
1x
Year Consumer prices inflation
Syria Uruguay
2024 - 4.85%
2023 - 5.87%
2022 - 9.1%
2021 - 7.75%
2020 - 9.76%
2019 13.4% 7.88%
2018 0.94% 7.61%
2017 18.1% 6.22%
2016 47.7% 9.64%
2015 38.5% 8.67%
2014 10.9% 8.88%
2013 40% 8.58%
2012 36.7% 8.1%
2011 4.75% 8.09%
2010 4.4% 6.7%
2009 2.92% 7.06%
2008 15.7% 7.88%
2007 3.91% 8.11%
2006 10% 6.4%
2005 7.24% 4.7%
2004 4.43% 9.16%
2003 5.8% 19.4%
2002 -0.13% 14%
2001 3% 4.36%
2000 -3.85% 4.76%
1999 -3.7% 5.66%
1998 -0.8% 10.8%
1997 1.89% 19.8%

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

GeoRank.org/economy/syria/uruguay | CC BY

Over the past 23 years, Syria has recorded an average annual inflation rate of 11.4%, compared with 8.8% in Uruguay. In 2019, inflation was 13.4% in Syria and 4.85% in Uruguay.

Top exports between countries

Syria
Export category Export value
Uruguay
Export category Export value
Animal & marine products $746K
Raw materials & minerals $33K
Wood & paper products $7K

Balance of trade

Syria Uruguay
Current account balance
-$367M
2010
-$633M
2024
Current account balance ranking
103/190
2010
111/190
2024
Current account balance, % of GDP
-0.6%
2010
-0.78%
2024
Goods imports
$15.9B
2010
$13B
2024
Goods exports
$12.3B
2010
$16.3B
2024
Service imports
$3.53B
2010
$6.22B
2024
Service exports
$7.33B
2010
$7.1B
2024
Imports of goods and services, % of GDP
28.8%
2022
23.7%
2024
Exports of goods and services, % of GDP
6.81%
2022
28.8%
2024

Economic freedom indices

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

Syria Uruguay
Economic freedom 51.2 69.8
Economic freedom ranking 155/197 39/197
Property rights 4 87.4
Government integrity 3.6 79
Judicial effectiveness 3.7 80.9
Tax burden 87.3 73.3
Government spending 78.5 72
Fiscal health 13.8 76.6
Business freedom 33.8 83.8
Labor freedom 37.2 61.7
Monetary freedom 80 70.2
Trade freedom 47 73.2
Investment freedom 0 50
Financial freedom 20 30

Economic freedom comparison by year

Syria
Uruguay
1x
Year Economic freedom index
Syria Uruguay
2026 - 69.8
2025 - 70.2
2024 - 69.8
2023 - 70.2
2022 - 70
2021 - 69.3
2020 - 69.1
2019 - 68.6
2018 - 69.2
2017 - 69.7
2016 - 68.8
2015 - 68.6
2014 - 69.3
2013 - 69.7
2012 51.2 69.9
2011 51.3 70
2010 49.4 69.8
2009 51.3 69.1
2008 47.2 67.9
2007 48.3 68.4
2006 51.2 65.3
2005 46.3 66.9
2004 40.6 66.7
2003 41.3 69.8
2002 36.3 68.7
2001 36.6 70.7
2000 37.2 69.3
1999 39 68.5
1998 42.2 68.6
1997 43 67.5
1996 42.3 63.7
1995 - 62.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/syria/uruguay | CC BY

The Economic Freedom Index for Syria is 51.2, ranking 155/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Syria Uruguay
Services, % of GDP
44.9%
2022
65.3%
2024
Industry, % of GDP
12%
2022
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
43.1%
2022
6.42%
2024
GNI, Atlas method
$18.2B
2023
$73.3B
2024
GNI per capita, PPP
$4,480
2023
$34,170
2024
Total reserves including gold
$20.6B
2010
$17.4B
2024
Total reserves ranking
62/177
2010
66/177
2024
Net foreign direct investment
-$1.47B
2010
$2.58B
2024
Net inflows of foreign direct investment
$0
2024
-$3.94B
2024
Net outflows of foreign direct investment
$0
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
0.15%
2023
n/a
Poverty at national poverty lines
35.2%
2007
17.3%
2024
Gross capital formation, % of GDP
16%
1969
15.6%
2024

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/uruguay | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.