Gross Fixed Capital Formation — Annual growth Standard Local Currency in Syria

Syria: Gross Fixed Capital Formation — Annual growth Standard Local Currency was 5.55 % in 2024. ◆ Volatile

Latest (2024)
5.55 %
Change on year
down 97.2%
World rank
120th
of 230 countries
All-time high
195.04 %
in 2023
All-time low
-45.02 %
in 2012
Years of data
54
1971–2024

Gross Fixed Capital Formation — Annual growth Standard Local Currency in Syria, 1971–2024

-50050100150200197119972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, gross fixed capital formation — annual growth standard local currency in Syria stood at 5.55 %.

Compared with earlier readings it is down 97.2% on the previous year and up 118.5% over ten years.

Over the whole period, gross fixed capital formation — annual growth standard local currency in Syria peaked at 195.04 % in 2023 and was at its lowest, -45.02 %, in 2012.

That places Syria 120th out of 230 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Annual growth Standard Local Currency in Syria, year by year

Annual values for Gross Fixed Capital Formation — Annual growth Standard Local Currency in Syria, 1971 to 2024.
Year % Change
1971 28.21 % —
1972 39.22 % +39.0%
1973 10.49 % -73.2%
1974 73.37 % +599.2%
1975 68.11 % -7.2%
1976 50.48 % -25.9%
1977 23.69 % -53.1%
1978 -7.4 % -131.2%
1979 14.71 % -298.8%
1980 40.92 % +178.2%
1981 7.81 % -80.9%
1982 6.62 % -15.2%
1983 6.03 % -9.0%
1984 3.28 % -45.6%
1985 10.7 % +226.2%
1986 12.13 % +13.4%
1987 3.48 % -71.3%
1988 11.92 % +243.1%
1989 30.07 % +152.2%
1990 31.32 % +4.1%
1991 26.12 % -16.6%
1992 53.81 % +106.0%
1993 24.79 % -53.9%
1994 41.09 % +65.8%
1995 2.56 % -93.8%
1996 4.87 % +90.2%
1997 -4.67 % -195.9%
1998 4.49 % -196.2%
1999 -5.38 % -219.8%
2000 1.55 % -128.9%
2001 22.38 % +1341.6%
2002 8.06 % -64.0%
2003 20.96 % +160.1%
2004 9.94 % -52.6%
2005 26.32 % +164.7%
2006 7.15 % -72.8%
2007 10.93 % +53.0%
2008 -0.8276 % -107.6%
2009 10.49 % -1367.6%
2010 28.41 % +170.8%
2011 21.33 % -24.9%
2012 -45.02 % -311.1%
2013 9.78 % -121.7%
2014 -29.95 % -406.1%
2015 108.45 % -462.2%
2016 -22.11 % -120.4%
2017 55.21 % -349.7%
2018 15.64 % -71.7%
2019 -0.5348 % -103.4%
2020 37.65 % -7140.5%
2021 90.18 % +139.5%
2022 75.26 % -16.5%
2023 195.04 % +159.1%
2024 5.55 % -97.2%

Syria compared with similar countries

  • Syria's 5.55 % is below the median for low income countries, which is 8.25 %, 67% of the median. (23 countries reporting)
  • Syria's 5.55 % is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.52 %, 1.0× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Annual growth Standard Local Currency in Syria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +7140.5% -0.5348 % 37.65 %
2009 +1367.6% -0.8276 % 10.49 %
2001 +1341.6% 1.55 % 22.38 %

Averages by decade

DecadeAverage LowestHighest Years
1970s 33.43 % -7.4 % 73.37 % 9
1980s 13.29 % 3.28 % 40.92 % 10
1990s 17.9 % -5.38 % 53.81 % 10
2000s 11.69 % -0.8276 % 26.32 % 10
2010s 14.12 % -45.02 % 108.45 % 10
2020s 80.74 % 5.55 % 195.04 % 5

Countries ranked near Syria

  1. 117 Bahrain 5.77 % compare
  2. 118 United Arab Emirates 5.77 % compare
  3. 119 Marshall Islands 5.68 % compare
  4. 120 Syrian Arab Republic 5.55 % compare
  5. 122 El Salvador 5.53 % compare
  6. 123 Bolivia (Plurinational State of) 5.52 % compare

See the full ranking of 231 places →

More economy & growth data for Syria

All data for Syria →

Frequently asked questions

What is gross fixed capital formation — annual growth standard local currency in Syria?
Gross fixed capital formation — annual growth standard local currency in Syria was 5.55 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — annual growth standard local currency recorded in Syria?
The highest recorded value was 195.04 % in 2023.
What is the lowest gross fixed capital formation — annual growth standard local currency recorded in Syria?
The lowest recorded value was -45.02 % in 2012.
How does Syria rank for gross fixed capital formation — annual growth standard local currency?
Syria ranks 120th out of 230 countries with data for 2024.
Is gross fixed capital formation — annual growth standard local currency rising or falling in Syria?
Over the last ten years it is up 118.5%. The long-run trend across the full record is volatile.
Where does this Syria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

Share, cite or embed this page

Cite this page

Gross Fixed Capital Formation — Annual growth Standard Local Currency in Syria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-annual-growth-standard-local-currency/syrian-arab-republic/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-NC-SA 3.0 IGO (FAO); please keep the attribution.

<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-annual-growth-standard-local-currency/syrian-arab-republic/">Gross Fixed Capital Formation — Annual growth Standard Local Currency in Syria</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation — Annual growth Standard Local Currency
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
231 places, 11,453 data points, 1971–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).