Gross fixed capital formation in Syrian Arab Republic
Syrian Arab Republic: Gross fixed capital formation was 663.65 billion constant LCU in 2022. ◆ Volatile
Gross fixed capital formation in Syrian Arab Republic, 1970–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2022, gross fixed capital formation in Syrian Arab Republic stood at 663.65 billion constant LCU. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 19.5% on the previous year and up 256.9% over ten years.
Over the whole period, gross fixed capital formation in Syrian Arab Republic peaked at 663.65 billion constant LCU in 2022 and was at its lowest, 32.98 billion constant LCU, in 1970.
That places Syrian Arab Republic 60th out of 167 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 80.77 billion constant LCU | 32.98 billion constant LCU | 135.47 billion constant LCU | 10 |
| 1980s | 138.29 billion constant LCU | 89.16 billion constant LCU | 171.14 billion constant LCU | 10 |
| 1990s | 146.53 billion constant LCU | 99.77 billion constant LCU | 167.87 billion constant LCU | 10 |
| 2000s | 244.36 billion constant LCU | 156.09 billion constant LCU | 308.67 billion constant LCU | 10 |
| 2010s | 299.37 billion constant LCU | 126.94 billion constant LCU | 464.20 billion constant LCU | 10 |
| 2020s | 555.65 billion constant LCU | 447.81 billion constant LCU | 663.65 billion constant LCU | 3 |
Countries ranked near Syrian Arab Republic
More economy & growth data for Syrian Arab Republic
- Domestic currency per Special drawing rights (End-of-period (EoP)) 3,344 (2022)
- Gdp worldbank constant usd, per unit of GDP 0.6784 units per US$ of GDP (2022)
- Gdp worldbank constant usd, per capita 716.94 units per person (2022)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0003 (2022)
- Gdp worldbank constant usd, annual growth rate -0.2026 % change on previous year (2022)
- External balance on goods and services as a percent of gdp -21.88 (2022)
- Domestic currency per US dollar (End-of-period (EoP)) 2,512 (2022)
- Gdp per capita worldbank constant usd 716.94 (2022)
- US dollar per domestic currency (End-of-period (EoP)) 0.0004 (2022)
- Inflation of consumer prices 13.42 (2019)
Frequently asked questions
- What is gross fixed capital formation in Syrian Arab Republic?
- Gross fixed capital formation in Syrian Arab Republic was 663.65 billion constant LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Syrian Arab Republic?
- The highest recorded value was 663.65 billion constant LCU in 2022.
- What is the lowest gross fixed capital formation recorded in Syrian Arab Republic?
- The lowest recorded value was 32.98 billion constant LCU in 1970.
- How does Syrian Arab Republic rank for gross fixed capital formation?
- Syrian Arab Republic ranks 60th out of 167 countries with data for 2022.
- Is gross fixed capital formation rising or falling in Syrian Arab Republic?
- Over the last ten years it is up 256.9%. 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 fixed capital formation (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.