Syria Policy Rate

1962 - 2024 | Monthly | % pa | Central Bank of Syria

Key information about Syria Policy Rate

  • Syria cash rate (Rediscount Rate: Transaction Bills: Commercial) was set at 5.00 % pa in Sep 2024, compared with 5.00 % pa in the previous Aug 2024.
  • Syria Policy Rate averaged 5.00 % pa and is updated monthly, available from Jan 1962 to Sep 2024.
  • The data reached an all-time high of 5.00 % pa in Sep 2024 and a record low of 5.00 % pa in Sep 2024.

Rediscount Rate for commercial transaction bills is used as a reference rate until monetary policy instruments are launched.
  • Syria Exchange Rate against USD averaged 8,197.37 (USD/SYP) in Jun 2023.
  • View Syria's Policy Rate from Jan 1962 to Sep 2024 in the chart:

    Syria Policy Rate

    What was Syria's Policy Rate in Sep 2024?

    Syria cash rate (Rediscount Rate: Transaction Bills: Commercial) was set at 5.00 % pa in Sep 2024, compared with 5.00 % pa in the previous Aug 2024. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    5.00 Sep 2024 5.00 Aug 2024 5.00 Sep 2024 5.00 Sep 2024 % pa monthly Jan 1962 - Sep 2024

    Policy Rate by Country Comparison

    country/region Last Frequency Range
    Albania (% pa) 3.00 Oct 2024 monthly Jan 2000 - Oct 2024
    Algeria (% pa) 3.00 Oct 2024 monthly Jan 1963 - Oct 2024
    Argentina (%) 40.45 Oct 2024 monthly Aug 1985 - Oct 2024
    Armenia (% pa) 7.25 Oct 2024 monthly May 2001 - Oct 2024
    Australia (% pa) 4.35 Oct 2024 monthly Aug 1990 - Oct 2024
    Austria (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Azerbaijan (% pa) 7.25 Oct 2024 monthly Jan 2005 - Oct 2024
    Bahrain (% pa) 5.75 Oct 2024 monthly Jan 2007 - Oct 2024
    Bangladesh (% pa) 9.50 Sep 2024 monthly Sep 2009 - Sep 2024
    Belarus (% pa) 9.50 Oct 2024 monthly Jul 1991 - Oct 2024
    Belgium (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Bolivia (% pa) 3.08 Oct 2024 monthly Jan 2013 - Oct 2024
    Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
    Brazil (% pa) 10.75 Oct 2024 monthly Mar 1999 - Oct 2024
    Bulgaria (% pa) 3.43 Oct 2024 monthly Feb 1991 - Oct 2024
    Canada (% pa) 3.75 Oct 2024 monthly Dec 1992 - Oct 2024
    Chile (% pa) 5.25 Oct 2024 monthly May 1995 - Oct 2024
    China (% pa) 2.65 Jun 2023 monthly Jan 2016 - Jun 2023
    Colombia (% pa) 9.75 Nov 2024 monthly Apr 1995 - Nov 2024
    Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
    Cyprus (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Czech Republic (% pa) 3.25 Oct 2024 monthly Jan 1993 - Oct 2024
    Denmark (% pa) 2.85 Oct 2024 monthly Aug 1914 - Oct 2024
    Ecuador (% pa) 10.73 Nov 2024 monthly Jul 1995 - Nov 2024
    Egypt (% pa) 27.75 Oct 2024 monthly Jan 1991 - Oct 2024
    Estonia (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    European Union (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Finland (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    France (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Georgia (% pa) 8.00 Oct 2024 monthly Jan 2008 - Oct 2024
    Germany (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
    Greece (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Hong Kong SAR, China (% pa) 5.25 Oct 2024 monthly Jun 1992 - Oct 2024
    Hungary (% pa) 6.50 Oct 2024 monthly Oct 1990 - Oct 2024
    Iceland (% pa) 10.00 Oct 2024 monthly Jan 1994 - Oct 2024
    India (% pa) 6.50 Oct 2024 monthly Apr 2001 - Oct 2024
    Indonesia (% pa) 6.00 Oct 2024 monthly Jun 2015 - Oct 2024
    Ireland (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Israel (% pa) 4.50 Oct 2024 monthly Dec 1998 - Oct 2024
    Italy (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
    Japan (% pa) -0.10 Jun 2023 monthly Nov 2008 - Jun 2023
    Jordan (% pa) 8.00 Oct 2024 monthly Dec 1965 - Oct 2024
    Kazakhstan (% pa) 14.25 Oct 2024 monthly Feb 1992 - Oct 2024
    Kenya (% pa) 12.00 Oct 2024 monthly Jul 2003 - Oct 2024
    South Korea (% pa) 3.25 Oct 2024 monthly May 1999 - Oct 2024
    Kosovo (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Kuwait (% pa) 4.00 Sep 2024 monthly Jul 1999 - Sep 2024
    Kyrgyzstan (% pa) 9.00 Oct 2024 monthly Jan 1999 - Oct 2024
    Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
    Latvia (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
    Lithuania (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Luxembourg (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Macau SAR, China (% pa) 5.25 Oct 2024 monthly Dec 1999 - Oct 2024
    North Macedonia (% pa) 5.80 Oct 2024 monthly Jan 2002 - Oct 2024
    Malawi (% pa) 26.00 Oct 2024 monthly Jan 1980 - Oct 2024
    Malaysia (% pa) 3.00 Oct 2024 monthly Apr 2004 - Oct 2024
    Malta (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Mauritius (% pa) 4.00 Sep 2024 monthly Dec 1999 - Sep 2024
    Mexico (% pa) 10.50 Sep 2024 monthly Jan 2008 - Sep 2024
    Moldova (% pa) 3.60 Oct 2024 monthly Feb 2001 - Oct 2024
    Mongolia (% pa) 10.00 Oct 2024 monthly Jul 2007 - Oct 2024
    Montenegro (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Morocco (% pa) 2.75 Oct 2024 monthly Jun 1995 - Oct 2024
    Myanmar (% pa) 7.00 2024 yearly 1986 - 2024
    Nepal (% pa) 6.50 Sep 2024 monthly Jul 2003 - Sep 2024
    Netherlands (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    New Zealand (% pa) 5.50 May 2023 monthly Mar 1999 - May 2023
    Nigeria (% pa) 27.25 Oct 2024 monthly Dec 2006 - Oct 2024
    Norway (% pa) 4.50 Aug 2024 monthly Jan 1991 - Aug 2024
    Oman (% pa) 5.50 Oct 2024 monthly May 2007 - Oct 2024
    Pakistan (% pa) 18.50 Oct 2024 monthly Feb 1992 - Oct 2024
    Paraguay (% pa) 6.00 Oct 2024 monthly Jul 2010 - Oct 2024
    Peru (% pa) 5.25 Oct 2024 monthly Sep 2003 - Oct 2024
    Philippines (% pa) 7.00 May 2024 monthly Jun 2016 - May 2024
    Poland (% pa) 5.75 Oct 2024 monthly Jan 2005 - Oct 2024
    Portugal (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Qatar (% pa) 5.70 Oct 2024 monthly Mar 2003 - Oct 2024
    Romania (% pa) 6.50 Oct 2024 monthly Jan 2003 - Oct 2024
    Russia (% pa) 21.00 Oct 2024 monthly Sep 2013 - Oct 2024
    Saudi Arabia (% pa) 5.50 Oct 2024 monthly Jan 2000 - Oct 2024
    Serbia (% pa) 5.75 Oct 2024 monthly Jan 2001 - Oct 2024
    Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
    Slovakia (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Slovenia (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    South Africa (% pa) 8.00 Oct 2024 monthly Nov 1999 - Oct 2024
    Spain (% pa) 3.40 Oct 2024 monthly Jan 1999 - Oct 2024
    Sri Lanka (% pa) 8.25 Oct 2024 monthly Jan 1997 - Oct 2024
    Sweden (% pa) 3.25 Oct 2024 monthly Jan 1987 - Oct 2024
    Switzerland (% pa) 0.94 Oct 2024 monthly Jun 1999 - Oct 2024
    Syria (% pa) 5.00 Sep 2024 monthly Jan 1962 - Sep 2024
    Taiwan (% pa) 2.00 Oct 2024 monthly Jul 1961 - Oct 2024
    Tajikistan (% pa) 9.00 Oct 2024 monthly Jun 1995 - Oct 2024
    Thailand (% pa) 2.25 Oct 2024 monthly May 2000 - Oct 2024
    Tunisia (% pa) 8.00 Oct 2024 monthly Jan 2000 - Oct 2024
    Turkey (% pa) 50.00 Oct 2024 monthly Jun 1996 - Oct 2024
    Ukraine (% pa) 13.00 Oct 2024 monthly Dec 1992 - Oct 2024
    United Arab Emirates (% pa) 4.90 Oct 2024 monthly Nov 2007 - Oct 2024

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    Syria Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -2.2 2010 yearly 1998 - 2010
    Tax Revenue (USD mn) 5,640.444 2010 yearly 1998 - 2010
    Forecast: Government Expenditure (SYP bn) 799.504 2010 yearly 1990 - 2010
    Forecast: Government Net Debt (SYP bn) 838.214 2010 yearly 1990 - 2010
    Forecast: Government Revenue (SYP bn) 582.024 2010 yearly 1990 - 2010
    General Budget: Financing (SYP mn) 60,957.000 2010 yearly 1998 - 2010
    General Budget: Revenue (SYP mn) 634,425.000 2010 yearly 1998 - 2010
    General Budget: Overall Balance incl Price Stabilization Fund (SYP mn) -60,957.000 2010 yearly 1998 - 2010
    General Budget: Expenditure: Current (SYP mn) 452,319.000 2010 yearly 1998 - 2010
    General Budget: Expenditure (SYP mn) 695,384.000 2010 yearly 1998 - 2010
    General Budget: Expenditure: Capital (SYP mn) 243,065.000 2010 yearly 1998 - 2010
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 18.283 2010 yearly 1981 - 2010
    Trade Balance (USD mn) -2,714.0 2023 yearly 1950 - 2023
    Total Exports (USD mn) 230.8 Jul 2024 monthly Jan 1960 - Jun 2024
    Total Exports Growth (%) 6.9 Jul 2024 monthly Jan 1961 - Jun 2024
    Aluminum: Exports (USD th) 40,577.809 2023 yearly 1995 - 2023
    Exports: Medicament (USD th) 14,405.370 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 172.324 2022 yearly 1995 - 2022
    Total Imports (USD mn) 486.5 Jul 2024 monthly Jan 1960 - Jun 2024
    Total Imports Growth (%) -2.5 Jul 2024 monthly Jan 1961 - Jun 2024
    Imports: Medicament (USD th) 32,037.861 2022 yearly 2000 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 69,096.825 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 0.823 Jul 2024 monthly Jul 1987 - Jun 2024
    Total Imports from USA (USD mn) 0.615 Jul 2024 monthly Oct 2015 - Jun 2024
    Total Exports to China (USD mn) 0.170 Jul 2024 monthly Oct 2014 - Jun 2024
    Total Imports from China (USD mn) 41.298 Jul 2024 monthly Jul 1990 - Jun 2024
    Exports: Value (SYP mn) 2,437,035.703 2022 yearly 1981 - 2022
    Re-Exports: Value (SYP mn) 37,543.245 2022 yearly 1983 - 2022
    Imports: Value (SYP mn) 19,820,090.431 2022 yearly 1981 - 2022
    Import Value Index (2015=100) 102.998 2021 yearly 1980 - 2021
    Export Volume Index (2015=100) 72.237 2021 yearly 1980 - 2021
    Import Volume Index (2015=100) 78.194 2021 yearly 2000 - 2021
    Balance of Payments Last Frequency Range
    Current Account Balance (USD mn) -169.8 2020 yearly 1977 - 2020
    Current Account Balance: % of GDP (%) -0.9 2020 yearly 1990 - 2020
    Foreign Direct Investment (USD mn) 804.2 2011 yearly 1970 - 2011
    Foreign Direct Investment: % of GDP (%) 1.2 2011 yearly 1990 - 2011
    Forecast: Current Account Balance (USD bn) -1.707 2010 yearly 1980 - 2010
    Net International Investment Position (USD mn) 13,474.961 2010 yearly 2007 - 2010
    BoP: Debit: CA: Goods and Services: Goods (USD mn) 5,700.608 2020 yearly 1993 - 2020
    BoP: CF: Financial Account: Portfolio Investment (USD mn) -167.496 2011 yearly 1993 - 2011
    BoP: CA: Goods and Services: Goods (USD mn) -3,206.064 2020 yearly 1993 - 2020
    BoP: Credit: CF: Capital Account (USD mn) 315.280 2011 yearly 1993 - 2011
    BoP: CA: Goods and Services: Services (USD mn) -371.341 2020 yearly 1993 - 2020
    BoP: Credit: CA: Transfers (USD mn) 3,386.170 2020 yearly 2003 - 2020
    BoP: Debit: CA: Income (USD mn) 19.130 2020 yearly 1993 - 2020
    BoP: CF: Financial Account (USD mn) 2,077.740 2011 yearly 1993 - 2011
    BoP: Credit: CA: Goods and Services: Services (USD mn) 311.801 2020 yearly 1993 - 2020
    BoP: Credit: Current Account (CA) (USD mn) 6,245.740 2020 yearly 2003 - 2020
    BoP: CA: Transfers (USD mn) 3,373.543 2020 yearly 1993 - 2020
    BoP: Debit: CF: Capital Account (USD mn) 478.900 2011 yearly 1993 - 2011
    BoP: CA: Income (USD mn) 34.095 2020 yearly 1993 - 2020
    BoP: Debit: CA: Transfers (USD mn) 12.627 2020 yearly 2003 - 2020
    BoP: Net Errors and Omissions (USD mn) -373.078 2011 yearly 1993 - 2011
    BoP: Credit: CA: Goods and Services: Goods (USD mn) 2,494.544 2020 yearly 1993 - 2020
    BoP: Debit: CF: Financial Account (USD mn) 1,370.926 2011 yearly 1993 - 2011
    BoP: CF: Financial Account: Direct Investment (USD mn) 804.163 2011 yearly 1993 - 2011
    BoP: Debit: CA: Goods and Services: Services (USD mn) 683.142 2020 yearly 1993 - 2020
    BoP: CF: Capital Account (USD mn) -163.620 2011 yearly 1993 - 2011
    BoP: Credit: CF: Financial Account (USD mn) 3,448.666 2011 yearly 1993 - 2011
    BoP: Credit: CA: Income (USD mn) 53.225 2020 yearly 1993 - 2020
    BoP: Debit: Current Account (CA) (USD mn) 6,415.507 2020 yearly 2003 - 2020
    BoP: Reserve Assets (USD mn) 7,128.320 2011 yearly 1993 - 2011
    Monetary Last Frequency Range
    Household Debt: % of GDP (%) 14.6 2011 yearly 2004 - 2011
    Money Supply M1 (USD mn) 18,756.126 Dec 2011 monthly Dec 1994 - Dec 2011
    Money Supply M2 (USD mn) 33,769.510 Dec 2011 monthly Dec 1994 - Dec 2011
    M2 Growth (%) -7.8 Dec 2011 monthly Dec 1995 - Dec 2011
    Foreign Exchange Reserves (USD mn) 16,221.1 Jun 2011 monthly Dec 1950 - Jun 2011
    Foreign Exchange Reserves: % of GDP (%) 31.149 2010 yearly 1990 - 2010
    Foreign Exchange Reserves: Months of Import (NA) 9.8 Jun 2011 quarterly Mar 1960 - Jun 2011
    Gold Reserves (USD mn) 54.200 Jun 2011 quarterly Dec 1950 - Jun 2011
    Total Deposits (USD mn) 20,275.678 2011 yearly 1998 - 2011
    Domestic Credit (USD mn) 29,083.7 Dec 2011 monthly Dec 2001 - Dec 2011
    Domestic Credit Growth (%) 23.0 Dec 2011 monthly Dec 2002 - Dec 2011
    Household Debt (USD mn) 8,543.6 Dec 2011 monthly Dec 2006 - Dec 2011
    Total Loans (USD mn) 22,819.559 Dec 2011 monthly Dec 2006 - Dec 2011
    Total Loans Growth (%) -3.07 Dec 2011 monthly Dec 2007 - Dec 2011
    Private Debt: % of Nominal GDP (%) 20.75 2011 yearly 2006 - 2011
    Monetary Survey: M2: Liabilities: Money Supply (M1) (SYP mn) 1,045,091.314 Dec 2011 monthly Dec 1994 - Dec 2011
    Monetary Survey: Broad Money (M2) (SYP mn) 1,881,637.107 Dec 2011 monthly Dec 1994 - Dec 2011
    Local Banks: Deposits: PR: Resident: Households (SYP mn) 655,476.217 2011 yearly 2004 - 2011
    Local Banks: Credits: PR: Resident: Business Sector (SYP mn) 198,647.777 Dec 2011 monthly Dec 2006 - Dec 2011
    Local Banks: Credits (SYP mn) 1,271,505.830 Dec 2011 monthly Dec 2006 - Dec 2011
    Local Banks: Credits: PR: Resident: Households (SYP mn) 476,048.476 Dec 2011 monthly Dec 2006 - Dec 2011

    More Indicators for Syria

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