Gross domestic savings in Syrian Arab Republic
Syrian Arab Republic: Gross domestic savings was -17.0% in 2022. ◆ Volatile
Gross domestic savings in Syrian Arab Republic, 1960–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Syrian Arab Republic recorded -17.0% for gross domestic savings in 2022.
Compared with earlier readings it is down 207.0% on the previous year and down 137.1% over ten years.
Over the whole period, gross domestic savings in Syrian Arab Republic peaked at 28.6% in 2002 and was at its lowest, -32.0%, in 2014.
Syrian Arab Republic ranks 178th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Syrian Arab Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 7.1% | — |
| 1961 | 9.7% | +35.8% |
| 1962 | 16.7% | +71.7% |
| 1963 | 11.1% | -33.1% |
| 1964 | 9.4% | -15.2% |
| 1965 | 10.8% | +14.8% |
| 1966 | 7.4% | -32.0% |
| 1967 | 9.6% | +30.5% |
| 1968 | 11.4% | +18.6% |
| 1969 | 11.9% | +4.1% |
| 1970 | 9.8% | -17.8% |
| 1971 | 9.5% | -2.6% |
| 1972 | 12.0% | +26.6% |
| 1973 | 14.5% | +20.2% |
| 1974 | 10.0% | -31.2% |
| 1975 | 12.9% | +29.4% |
| 1976 | 17.2% | +33.1% |
| 1977 | 13.5% | -21.4% |
| 1978 | 11.5% | -15.1% |
| 1979 | 9.8% | -14.7% |
| 1980 | 10.8% | +10.6% |
| 1981 | 6.2% | -42.5% |
| 1982 | 13.0% | +108.9% |
| 1983 | 10.5% | -19.4% |
| 1984 | 12.4% | +18.7% |
| 1985 | 10.6% | -15.0% |
| 1986 | 11.5% | +8.6% |
| 1987 | 4.9% | -57.2% |
| 1988 | 4.7% | -3.3% |
| 1989 | 16.2% | +240.1% |
| 1990 | 16.9% | +4.8% |
| 1991 | 10.3% | -39.2% |
| 1992 | 11.8% | +14.5% |
| 1993 | 12.9% | +9.6% |
| 1994 | 17.6% | +36.3% |
| 1995 | 20.3% | +15.4% |
| 1996 | 17.3% | -14.7% |
| 1997 | 19.5% | +12.3% |
| 1998 | 20.2% | +3.7% |
| 1999 | 19.1% | -5.4% |
| 2000 | 24.2% | +26.8% |
| 2001 | 26.2% | +8.1% |
| 2002 | 28.6% | +9.2% |
| 2003 | 26.1% | -8.7% |
| 2004 | 24.5% | -6.4% |
| 2005 | 25.0% | +2.1% |
| 2006 | 25.3% | +1.5% |
| 2007 | 21.2% | -16.3% |
| 2008 | 17.6% | -17.0% |
| 2009 | 16.1% | -8.5% |
| 2010 | 20.8% | +29.2% |
| 2011 | 9.7% | -53.5% |
| 2012 | -7.2% | -173.9% |
| 2013 | -14.7% | +105.5% |
| 2014 | -32.0% | +117.8% |
| 2015 | -9.5% | -70.2% |
| 2016 | -15.9% | +66.4% |
| 2017 | -13.4% | -15.6% |
| 2018 | -11.8% | -12.0% |
| 2019 | -8.6% | -27.2% |
| 2020 | 0.1% | -101.0% |
| 2021 | 15.8% | +18510.6% |
| 2022 | -17.0% | -207.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.5% | 7.1% | 16.7% | 10 |
| 1970s | 12.0% | 9.5% | 17.2% | 10 |
| 1980s | 10.1% | 4.7% | 16.2% | 10 |
| 1990s | 16.6% | 10.3% | 20.3% | 10 |
| 2000s | 23.5% | 16.1% | 28.6% | 10 |
| 2010s | -8.3% | -32.0% | 20.8% | 10 |
| 2020s | -0.3% | -17.0% | 15.8% | 3 |
Countries ranked near Syrian Arab Republic
More economy & growth data for Syrian Arab Republic
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 804.16 million BoP, current US$ (2011)
- Foreign direct investment, net inflows (BoP, current US$), annual -45.27 % change on previous year (2011)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2011)
- Foreign direct investment, net inflows (BoP, current US$), per capita 35.15 BoP, current US$ per person (2011)
- Total reserves (includes gold, current US$), annual growth rate 12.74 % change on previous year (2010)
- Total reserves (includes gold, current US$), per unit of GDP 0.3361 includes gold, current US$ per US$ of GDP (2010)
- Total reserves (includes gold, current US$), per capita 917.69 includes gold, current US$ per person (2010)
Frequently asked questions
- What is gross domestic savings in Syrian Arab Republic?
- Gross domestic savings in Syrian Arab Republic was -17.0% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Syrian Arab Republic?
- The highest recorded value was 28.6% in 2002.
- What is the lowest gross domestic savings recorded in Syrian Arab Republic?
- The lowest recorded value was -32.0% in 2014.
- How does Syrian Arab Republic rank for gross domestic savings?
- Syrian Arab Republic ranks 178th out of 188 countries with data for 2022.
- Is gross domestic savings rising or falling in Syrian Arab Republic?
- Over the last ten years it is down 137.1%. The long-run trend across the full record is volatile.
- Where does this Syrian Arab Republic data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.