Syria recorded a Government Budget deficit equal to 11.40 percent of the country’s Gross Domestic Product in 2012. Government Budget in Syria averaged -3.45 percent of GDP from 2003 until 2012, reaching an all time high of -1.04 percent of GDP in 2003 and a record low of -11.40 percent of GDP in 2012. Government Budget in Syria is reported by the Central Bank of Syria. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Syria Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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