Gross fixed capital formation in Syria
Syria: Gross fixed capital formation was 19.5% in 2022. ◆ Volatile
Gross fixed capital formation in Syria, 1971–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for gross fixed capital formation in Syria is 19.5%, measured in 2022.
Compared with earlier readings it is down 19.0% on the previous year and up 138.0% over ten years.
Over the whole period, gross fixed capital formation in Syria peaked at 110.9% in 2015 and was at its lowest, -51.2%, in 2012.
That places Syria 13th out of 166 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Syria, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 16.7% | — |
| 1972 | 27.2% | +63.4% |
| 1973 | -5.6% | -120.4% |
| 1974 | 37.1% | -767.6% |
| 1975 | 40.2% | +8.3% |
| 1976 | 31.5% | -21.7% |
| 1977 | 16.0% | -49.2% |
| 1978 | -13.4% | -183.6% |
| 1979 | 1.6% | -112.1% |
| 1980 | 21.9% | +1253.0% |
| 1981 | 2.0% | -90.7% |
| 1982 | 2.8% | +37.7% |
| 1983 | 5.8% | +109.2% |
| 1984 | 1.1% | -80.9% |
| 1985 | 4.9% | +334.4% |
| 1986 | -11.4% | -334.7% |
| 1987 | -32.6% | +186.1% |
| 1988 | -4.0% | -87.8% |
| 1989 | -9.1% | +128.5% |
| 1990 | 11.9% | -230.9% |
| 1991 | 3.7% | -69.1% |
| 1992 | 32.6% | +784.7% |
| 1993 | 1.4% | -95.6% |
| 1994 | 20.7% | +1347.5% |
| 1995 | -0.0% | -100.1% |
| 1996 | -0.3% | +1668.1% |
| 1997 | -5.0% | +1603.4% |
| 1998 | 3.2% | -164.1% |
| 1999 | -2.6% | -180.8% |
| 2000 | -2.3% | -11.1% |
| 2001 | 14.1% | -710.1% |
| 2002 | 0.0% | -100.0% |
| 2003 | 30.2% | — |
| 2004 | 10.3% | -66.0% |
| 2005 | 12.7% | +23.4% |
| 2006 | 7.1% | -44.0% |
| 2007 | -8.3% | -216.6% |
| 2008 | -5.9% | -29.2% |
| 2009 | 11.5% | -295.8% |
| 2010 | 13.6% | +18.1% |
| 2011 | 13.0% | -4.0% |
| 2012 | -51.2% | -493.2% |
| 2013 | 5.5% | -110.7% |
| 2014 | -35.3% | -741.5% |
| 2015 | 110.9% | -414.3% |
| 2016 | -11.8% | -110.7% |
| 2017 | 66.8% | -665.0% |
| 2018 | 17.9% | -73.3% |
| 2019 | -13.0% | -172.7% |
| 2020 | 10.9% | -183.7% |
| 2021 | 24.0% | +121.2% |
| 2022 | 19.5% | -19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.8% | -13.4% | 40.2% | 9 |
| 1980s | -1.9% | -32.6% | 21.9% | 10 |
| 1990s | 6.6% | -5.0% | 32.6% | 10 |
| 2000s | 6.9% | -8.3% | 30.2% | 10 |
| 2010s | 11.6% | -51.2% | 110.9% | 10 |
| 2020s | 18.1% | 10.9% | 24.0% | 3 |
Countries ranked near Syria
- 10 Kyrgyzstan 21.1% compare
- 11 Bahamas 20.7% compare
- 12 Sierra Leone 19.7% compare
- 14 Marshall Islands 19.0% compare
- 15 Chad 18.8% compare
- 16 Republic of Moldova 16.9% compare
More economy & growth data for Syria
- Services, value added (current US$), annual growth rate 79.51 % change on previous year (2022)
- Services, value added (current US$), per unit of GDP 0.4472 current US$ per US$ of GDP (2022)
- Services, value added (current US$), per capita 472.61 current US$ per person (2022)
- Services, value added (current LCU), annual growth rate 133.08 % change on previous year (2022)
- Services, value added (current LCU), per unit of GDP 1,677 current LCU per US$ of GDP (2022)
- Services, value added (current LCU), per capita 1.77 million current LCU per person (2022)
- Services, value added (constant 2015 US$), annual growth rate 4.61 % change on previous year (2022)
- Services, value added (constant 2015 US$), per unit of GDP 0.3645 constant 2015 US$ per US$ of GDP (2022)
- Services, value added (constant 2015 US$), per capita 385.2 constant 2015 US$ per person (2022)
- Services, value added (constant LCU), per capita 23,482 constant LCU per person (2022)
Frequently asked questions
- What is gross fixed capital formation in Syria?
- Gross fixed capital formation in Syria was 19.5% in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Syria?
- The highest recorded value was 110.9% in 2015.
- What is the lowest gross fixed capital formation recorded in Syria?
- The lowest recorded value was -51.2% in 2012.
- How does Syria rank for gross fixed capital formation?
- Syria ranks 13th out of 166 countries with data for 2022.
- Is gross fixed capital formation rising or falling in Syria?
- Over the last ten years it is up 138.0%. The long-run trend across the full record is volatile.
- Where does this Syria data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.