Gross fixed capital formation in Syrian Arab Republic
Syrian Arab Republic: Gross fixed capital formation was 4.4% in 2022. ▼ Falling
Gross fixed capital formation in Syrian Arab Republic, 1965–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Syrian Arab Republic recorded 4.4% for gross fixed capital formation in 2022. That is the lowest value across all 58 years on record.
The figure is down 15.3% on the previous year and down 65.2% over ten years.
Over the whole period, gross fixed capital formation in Syrian Arab Republic peaked at 36.0% in 1977 and was at its lowest, 4.4%, in 2022.
That places Syrian Arab Republic 179th out of 181 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 58 years of available data.
Gross fixed capital formation in Syrian Arab Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 10.3% | — |
| 1966 | 12.5% | +21.2% |
| 1967 | 12.3% | -2.1% |
| 1968 | 13.9% | +13.4% |
| 1969 | 16.0% | +14.9% |
| 1970 | 13.3% | -16.6% |
| 1971 | 14.5% | +8.8% |
| 1972 | 17.6% | +21.4% |
| 1973 | 18.2% | +3.3% |
| 1974 | 19.6% | +7.9% |
| 1975 | 25.5% | +29.7% |
| 1976 | 31.9% | +25.4% |
| 1977 | 36.0% | +12.7% |
| 1978 | 27.8% | -22.6% |
| 1979 | 26.6% | -4.3% |
| 1980 | 28.0% | +5.2% |
| 1981 | 23.5% | -16.0% |
| 1982 | 24.0% | +2.0% |
| 1983 | 23.9% | -0.5% |
| 1984 | 24.0% | +0.5% |
| 1985 | 24.1% | +0.2% |
| 1986 | 22.5% | -6.6% |
| 1987 | 18.2% | -19.0% |
| 1988 | 14.0% | -23.2% |
| 1989 | 16.2% | +15.8% |
| 1990 | 16.5% | +2.2% |
| 1991 | 18.0% | +8.6% |
| 1992 | 23.2% | +28.9% |
| 1993 | 26.0% | +12.1% |
| 1994 | 30.0% | +15.3% |
| 1995 | 27.2% | -9.1% |
| 1996 | 23.6% | -13.3% |
| 1997 | 20.9% | -11.7% |
| 1998 | 20.6% | -1.4% |
| 1999 | 18.8% | -8.7% |
| 2000 | 17.3% | -8.0% |
| 2001 | 20.5% | +18.8% |
| 2002 | 20.2% | -1.5% |
| 2003 | 23.2% | +15.0% |
| 2004 | 21.7% | -6.8% |
| 2005 | 23.0% | +6.2% |
| 2006 | 21.5% | -6.5% |
| 2007 | 20.4% | -5.2% |
| 2008 | 16.7% | -18.1% |
| 2009 | 17.9% | +7.3% |
| 2010 | 20.5% | +14.2% |
| 2011 | 21.6% | +5.7% |
| 2012 | 12.8% | -40.9% |
| 2013 | 14.5% | +13.0% |
| 2014 | 8.2% | -43.0% |
| 2015 | 13.0% | +57.4% |
| 2016 | 7.9% | -39.2% |
| 2017 | 9.0% | +13.8% |
| 2018 | 9.0% | +0.7% |
| 2019 | 7.4% | -18.2% |
| 2020 | 6.1% | -17.0% |
| 2021 | 5.2% | -14.5% |
| 2022 | 4.4% | -15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.0% | 10.3% | 16.0% | 5 |
| 1970s | 23.1% | 13.3% | 36.0% | 10 |
| 1980s | 21.8% | 14.0% | 28.0% | 10 |
| 1990s | 22.5% | 16.5% | 30.0% | 10 |
| 2000s | 20.2% | 16.7% | 23.2% | 10 |
| 2010s | 12.4% | 7.4% | 21.6% | 10 |
| 2020s | 5.3% | 4.4% | 6.1% | 3 |
Countries ranked near Syrian Arab Republic
- 176 Yemen 6.2% compare
- 177 South Sudan 5.8% compare
- 178 Venezuela, Bolivarian Republic of 4.6% compare
- 180 Lebanon 1.4% compare
- 181 Sudan 0.7% compare
More economy & growth data for Syrian Arab Republic
- Gross capital formation (current US$), annual growth rate 47.03 % change on previous year (1969)
- Gross capital formation (current US$), per unit of GDP 0.1597 current US$ per US$ of GDP (1969)
- Gross capital formation (current US$), per capita 58.07 current US$ per person (1969)
- Gross capital formation (current LCU), annual growth rate 32.08 % change on previous year (1969)
- Gross capital formation (current LCU), per unit of GDP 0.4883 current LCU per US$ of GDP (1969)
- Gross capital formation (current LCU), per capita 177.51 current LCU per person (1969)
- Imports of goods and services (current US$), annual growth rate 3.7 % change on previous year (2022)
- Imports of goods and services (current US$), per unit of GDP 0.2866 current US$ per US$ of GDP (2022)
- Imports of goods and services (current US$), per capita 302.87 current US$ per person (2022)
- Imports of goods and services (current LCU), annual growth rate 34.65 % change on previous year (2022)
Frequently asked questions
- What is gross fixed capital formation in Syrian Arab Republic?
- Gross fixed capital formation in Syrian Arab Republic was 4.4% 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 36.0% in 1977.
- What is the lowest gross fixed capital formation recorded in Syrian Arab Republic?
- The lowest recorded value was 4.4% in 2022.
- How does Syrian Arab Republic rank for gross fixed capital formation?
- Syrian Arab Republic ranks 179th out of 181 countries with data for 2022.
- Is gross fixed capital formation rising or falling in Syrian Arab Republic?
- Over the last ten years it is down 65.2%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 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.