Gross fixed capital formation, private sector in Syrian Arab Republic
Syrian Arab Republic: Gross fixed capital formation, private sector was 2.66 trillion current LCU in 2022. ◆ Volatile
Gross fixed capital formation, private sector in Syrian Arab Republic, 1970–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2022, gross fixed capital formation, private sector in Syrian Arab Republic stood at 2.66 trillion current LCU. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 88.9% on the previous year and up 849.8% over ten years.
Over the whole period, gross fixed capital formation, private sector in Syrian Arab Republic peaked at 2.66 trillion current LCU in 2022 and was at its lowest, 268.00 million current LCU, in 1970.
Syrian Arab Republic ranks 23rd of 105 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, private sector in Syrian Arab Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 268.00 million current LCU | — |
| 1971 | 354.00 million current LCU | +32.1% |
| 1972 | 718.00 million current LCU | +102.8% |
| 1973 | 695.00 million current LCU | -3.2% |
| 1974 | 759.00 million current LCU | +9.2% |
| 1975 | 1.53 billion current LCU | +101.6% |
| 1976 | 2.20 billion current LCU | +43.9% |
| 1977 | 3.73 billion current LCU | +69.4% |
| 1978 | 3.08 billion current LCU | -17.5% |
| 1979 | 2.57 billion current LCU | -16.4% |
| 1980 | 5.35 billion current LCU | +108.0% |
| 1981 | 6.15 billion current LCU | +15.1% |
| 1982 | 6.40 billion current LCU | +4.0% |
| 1983 | 5.93 billion current LCU | -7.3% |
| 1984 | 6.31 billion current LCU | +6.4% |
| 1985 | 6.75 billion current LCU | +7.1% |
| 1986 | 10.54 billion current LCU | +56.2% |
| 1987 | 11.58 billion current LCU | +9.9% |
| 1988 | 10.24 billion current LCU | -11.6% |
| 1989 | 17.43 billion current LCU | +70.3% |
| 1990 | 24.42 billion current LCU | +40.1% |
| 1991 | 31.74 billion current LCU | +30.0% |
| 1992 | 58.20 billion current LCU | +83.4% |
| 1993 | 66.72 billion current LCU | +14.6% |
| 1994 | 87.90 billion current LCU | +31.7% |
| 1995 | 87.42 billion current LCU | -0.5% |
| 1996 | 85.64 billion current LCU | -2.0% |
| 1997 | 65.36 billion current LCU | -23.7% |
| 1998 | 67.41 billion current LCU | +3.1% |
| 1999 | 62.22 billion current LCU | -7.7% |
| 2000 | 56.76 billion current LCU | -8.8% |
| 2001 | 81.02 billion current LCU | +42.7% |
| 2002 | 81.38 billion current LCU | +0.4% |
| 2003 | 89.55 billion current LCU | +10.0% |
| 2004 | 133.17 billion current LCU | +48.7% |
| 2005 | 179.58 billion current LCU | +34.9% |
| 2006 | 199.31 billion current LCU | +11.0% |
| 2007 | 233.82 billion current LCU | +17.3% |
| 2008 | 250.33 billion current LCU | +7.1% |
| 2009 | 256.33 billion current LCU | +2.4% |
| 2010 | 348.06 billion current LCU | +35.8% |
| 2011 | 525.21 billion current LCU | +50.9% |
| 2012 | 280.06 billion current LCU | -46.7% |
| 2013 | 362.41 billion current LCU | +29.4% |
| 2014 | 223.31 billion current LCU | -38.4% |
| 2015 | 478.54 billion current LCU | +114.3% |
| 2016 | 303.83 billion current LCU | -36.5% |
| 2017 | 480.00 billion current LCU | +58.0% |
| 2018 | 482.36 billion current LCU | +0.5% |
| 2019 | 555.11 billion current LCU | +15.1% |
| 2020 | 619.07 billion current LCU | +11.5% |
| 2021 | 1.41 trillion current LCU | +127.4% |
| 2022 | 2.66 trillion current LCU | +88.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.59 billion current LCU | 268.00 million current LCU | 3.73 billion current LCU | 10 |
| 1980s | 8.67 billion current LCU | 5.35 billion current LCU | 17.43 billion current LCU | 10 |
| 1990s | 63.70 billion current LCU | 24.42 billion current LCU | 87.90 billion current LCU | 10 |
| 2000s | 156.12 billion current LCU | 56.76 billion current LCU | 256.33 billion current LCU | 10 |
| 2010s | 403.89 billion current LCU | 223.31 billion current LCU | 555.11 billion current LCU | 10 |
| 2020s | 1.56 trillion current LCU | 619.07 billion current LCU | 2.66 trillion current LCU | 3 |
Countries ranked near Syrian Arab Republic
More economy & growth data for Syrian Arab Republic
- Gdp worldbank constant usd, annual growth rate -0.2026 % change on previous year (2022)
- Net primary income (Net income from abroad) (current LCU), annual -100.39 % change on previous year (2022)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0003 (2022)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 3,344 (2022)
- Domestic currency per US dollar (End-of-period (EoP)) 2,512 (2022)
- US dollar per domestic currency (End-of-period (EoP)) 0.0004 (2022)
- Gdp worldbank constant usd, per capita 716.94 units per person (2022)
- External balance on goods and services as a percent of gdp -21.88 (2022)
- Inflation of consumer prices 13.42 (2019)
- GNI (current LCU), annual growth rate 107.19 % change on previous year (2022)
Frequently asked questions
- What is gross fixed capital formation, private sector in Syrian Arab Republic?
- Gross fixed capital formation, private sector in Syrian Arab Republic was 2.66 trillion current LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Syrian Arab Republic?
- The highest recorded value was 2.66 trillion current LCU in 2022.
- What is the lowest gross fixed capital formation, private sector recorded in Syrian Arab Republic?
- The lowest recorded value was 268.00 million current LCU in 1970.
- How does Syrian Arab Republic rank for gross fixed capital formation, private sector?
- Syrian Arab Republic ranks 23rd out of 105 countries with data for 2022.
- Is gross fixed capital formation, private sector rising or falling in Syrian Arab Republic?
- Over the last ten years it is up 849.8%. 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, private sector (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.