Gross fixed capital formation in Syria
Syria: Gross fixed capital formation was 1.05 billion current US$ in 2022. ◆ Volatile
Gross fixed capital formation in Syria, 1965–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Syria is 1.05 billion current US$, measured in 2022.
That represents a change of up 35.0% on the previous year and down 80.9% over ten years.
Over the whole period, gross fixed capital formation in Syria peaked at 14.61 billion current US$ in 2011 and was at its lowest, 152.13 million current US$, in 1965.
That places Syria 154th out of 181 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Syria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 152.13 million current US$ | — |
| 1966 | 168.18 million current US$ | +10.6% |
| 1967 | 193.80 million current US$ | +15.2% |
| 1968 | 243.87 million current US$ | +25.8% |
| 1969 | 358.57 million current US$ | +47.0% |
| 1970 | 285.18 million current US$ | -20.5% |
| 1971 | 375.57 million current US$ | +31.7% |
| 1972 | 538.46 million current US$ | +43.4% |
| 1973 | 589.03 million current US$ | +9.4% |
| 1974 | 1.01 billion current US$ | +71.9% |
| 1975 | 1.74 billion current US$ | +71.6% |
| 1976 | 2.44 billion current US$ | +40.3% |
| 1977 | 2.77 billion current US$ | +13.6% |
| 1978 | 2.58 billion current US$ | -6.8% |
| 1979 | 2.65 billion current US$ | +2.5% |
| 1980 | 3.66 billion current US$ | +38.4% |
| 1981 | 3.65 billion current US$ | -0.2% |
| 1982 | 3.91 billion current US$ | +7.1% |
| 1983 | 4.20 billion current US$ | +7.4% |
| 1984 | 4.20 billion current US$ | -0.0% |
| 1985 | 3.95 billion current US$ | -6.1% |
| 1986 | 2.99 billion current US$ | -24.3% |
| 1987 | 2.06 billion current US$ | -30.8% |
| 1988 | 1.48 billion current US$ | -28.4% |
| 1989 | 1.59 billion current US$ | +7.9% |
| 1990 | 2.04 billion current US$ | +27.7% |
| 1991 | 2.33 billion current US$ | +14.6% |
| 1992 | 3.07 billion current US$ | +31.6% |
| 1993 | 3.56 billion current US$ | +15.8% |
| 1994 | 3.03 billion current US$ | -14.8% |
| 1995 | 3.10 billion current US$ | +2.4% |
| 1996 | 3.26 billion current US$ | +4.9% |
| 1997 | 3.02 billion current US$ | -7.1% |
| 1998 | 3.12 billion current US$ | +3.3% |
| 1999 | 2.98 billion current US$ | -4.6% |
| 2000 | 3.27 billion current US$ | +9.7% |
| 2001 | 4.12 billion current US$ | +26.0% |
| 2002 | 4.20 billion current US$ | +2.0% |
| 2003 | 5.07 billion current US$ | +20.8% |
| 2004 | 5.44 billion current US$ | +7.1% |
| 2005 | 6.64 billion current US$ | +22.2% |
| 2006 | 7.26 billion current US$ | +9.3% |
| 2007 | 8.25 billion current US$ | +13.6% |
| 2008 | 8.78 billion current US$ | +6.3% |
| 2009 | 9.69 billion current US$ | +10.5% |
| 2010 | 12.56 billion current US$ | +29.6% |
| 2011 | 14.61 billion current US$ | +16.3% |
| 2012 | 5.52 billion current US$ | -62.2% |
| 2013 | 3.09 billion current US$ | -44.1% |
| 2014 | 1.77 billion current US$ | -42.7% |
| 2015 | 2.13 billion current US$ | +20.5% |
| 2016 | 992.77 million current US$ | -53.5% |
| 2017 | 1.47 billion current US$ | +47.9% |
| 2018 | 1.94 billion current US$ | +32.2% |
| 2019 | 1.67 billion current US$ | -14.0% |
| 2020 | 766.92 million current US$ | -54.0% |
| 2021 | 781.58 million current US$ | +1.9% |
| 2022 | 1.05 billion current US$ | +35.0% |
Syria compared with similar countries
- Syria's 1.05 billion current US$ is below the median for low income countries, which is 3.27 billion current US$, 32% of the median. (20 countries reporting)
- Syria's 1.05 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20.29 billion current US$, 5% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 223.31 million current US$ | 152.13 million current US$ | 358.57 million current US$ | 5 |
| 1970s | 1.50 billion current US$ | 285.18 million current US$ | 2.77 billion current US$ | 10 |
| 1980s | 3.17 billion current US$ | 1.48 billion current US$ | 4.20 billion current US$ | 10 |
| 1990s | 2.95 billion current US$ | 2.04 billion current US$ | 3.56 billion current US$ | 10 |
| 2000s | 6.27 billion current US$ | 3.27 billion current US$ | 9.69 billion current US$ | 10 |
| 2010s | 4.58 billion current US$ | 992.77 million current US$ | 14.61 billion current US$ | 10 |
| 2020s | 867.83 million current US$ | 766.92 million current US$ | 1.05 billion current US$ | 3 |
Countries ranked near Syria
More economy & growth data for Syria
- 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 fixed capital formation in Syria?
- Gross fixed capital formation in Syria was 1.05 billion current US$ 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 14.61 billion current US$ in 2011.
- What is the lowest gross fixed capital formation recorded in Syria?
- The lowest recorded value was 152.13 million current US$ in 1965.
- How does Syria rank for gross fixed capital formation?
- Syria ranks 154th out of 181 countries with data for 2022.
- Is gross fixed capital formation rising or falling in Syria?
- Over the last ten years it is down 80.9%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.