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Economy of Syria vs Vatican compared: GDP & Debt

Updated on by Georank team

Syria has a GDP of $20B compared to $19.8M for the Vatican, ranking 129/197 and 197/197 by economy size, respectively.

Syria vs Vatican GDP by year

Syria
Vatican
1x
Year GDP, current $
Syria Vatican
2023 $19,993,439,950 -
2022 $23,622,827,080 -
2021 $14,353,205,678 -
2020 $12,047,752,036 -
2019 $22,583,045,060 -
2018 $21,497,782,868 -
2017 $16,369,843,352 -
2016 $12,597,854,877 -
2015 $16,466,863,117 -
2014 $21,502,061,466 -
2013 $21,361,254,635 -
2012 $43,190,318,033 -
2011 $67,539,428,159 -
2010 $61,390,830,875 -
2009 $54,111,735,629 -
2008 $52,557,913,569 -
2007 $40,465,318,382 -
2006 $33,751,788,856 -
2005 $28,858,965,517 -
2004 $25,086,950,495 -
2003 $21,828,144,686 -
2002 $20,669,357,462 -
2001 $20,237,024,725 -
2000 $18,937,052,543 -
1999 $15,873,875,969 -
1998 $15,200,846,154 -
1997 $14,505,233,463 -
1996 $13,789,560,878 -
1995 $11,396,706,587 -
1994 $10,122,020,000 -
1993 $13,695,962,055 -
1992 $13,253,565,861 -
1991 $12,981,833,333 -
1990 $12,308,624,418 -
1989 $9,853,395,762 -
1988 $10,577,041,645 -
1987 $11,356,215,543 -
1986 $13,293,205,278 -
1985 $16,403,539,893 -
1984 $17,503,078,174 -
1983 $17,589,277,143 -
1982 $16,298,929,011 -
1981 $15,518,201,335 -
1980 $13,062,420,382 -
1979 $9,929,681,529 -
1978 $9,275,200,458 -
1977 $7,696,011,396 -
1976 $7,633,528,867 -
1975 $6,826,980,444 -
1974 $5,159,557,148 -
1973 $3,239,487,516 -
1972 $3,059,681,698 -
1971 $2,589,851,325 -
1970 $2,140,384,010 -
1969 $2,245,011,515 -
1968 $1,753,746,430 -
1967 $1,580,229,799 -
1966 $1,342,287,553 -
1965 $1,472,036,540 -
1964 $1,339,494,267 -
1963 $1,200,447,408 -
1962 $1,110,565,881 -
1961 $945,244,972 -
1960 $857,704,413 -

Data sources: World Bank | Economy & Growth (1960–2023, retrieved 2026-04-06).

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

Economic indicators

Syria Vatican
Gross domestic product
$20B
2023
$19.8M
2025
GDP rank
129/197
2023
197/197
2025
GDP growth
-1.21%
2022-2023
n/a
GDP per capita
$847
2023
$19,800
2025
GDP per capita rank
185/197
2023
59/197
2025
GDP per capita, PPP
$4,650
2023
$39,191
2025
GDP per capita PPP rank
160/197
2023
59/197
2025
Government debt
$18.4B
2010
n/a
Debt-to-GDP ratio
30%
2010
n/a
Government debt per person
$820
2010
n/a
Government debt per person rank
148/185
2010
n/a
Average annual personal income after taxes
$730
2026
$18,169
2026
Income share by richest 10%
21.1%
2022
n/a
Income share by poorest 10%
3.8%
2022
n/a
Government expenditure, % of GDP
28.6%
2010
n/a
Consumer prices inflation
13.4%
2018-2019
n/a
Unemployment rate
8.61%
2010
n/a
Population
26829400
936

Balance of trade

Syria Vatican
Current account balance
-$367M
2010
n/a
Current account balance ranking
103/190
2010
n/a
Current account balance, % of GDP
-0.6%
2010
n/a
Goods imports
$15.9B
2010
n/a
Goods exports
$12.3B
2010
n/a
Service imports
$3.53B
2010
n/a
Service exports
$7.33B
2010
n/a
Imports of goods and services, % of GDP
28.8%
2022
n/a
Exports of goods and services, % of GDP
6.81%
2022
n/a

Economic freedom indices

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

Syria Vatican
Economic freedom 51.2 65
Economic freedom ranking 155/197 69/197
Property rights 4 n/a
Government integrity 3.6 n/a
Judicial effectiveness 3.7 n/a
Tax burden 87.3 n/a
Government spending 78.5 n/a
Fiscal health 13.8 n/a
Business freedom 33.8 n/a
Labor freedom 37.2 n/a
Monetary freedom 80 n/a
Trade freedom 47 n/a
Investment freedom 0 n/a
Financial freedom 20 n/a

Other economic metrics

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

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/vatican | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. The Heritage Foundation | Economic Freedom Index (2012–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Fiscal Monitor (2010, retrieved 2026-02-20)
  5. Central Intelligence Agency (CIA) (2019–2025, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.