Gross fixed capital formation, private sector in Syrian Arab Republic
Syrian Arab Republic: Gross fixed capital formation, private sector was 3.0% in 2022. ▼ Falling
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 % of GDP.
Analysis
Syrian Arab Republic recorded 3.0% for gross fixed capital formation, private sector in 2022. That is the lowest value across all 53 years on record.
That represents a change of down 8.7% on the previous year and down 67.7% over ten years.
Over the whole period, gross fixed capital formation, private sector in Syrian Arab Republic peaked at 17.4% in 1994 and was at its lowest, 3.0%, in 2022.
That places Syrian Arab Republic 102nd out of 106 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Gross fixed capital formation, private sector in Syrian Arab Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 3.9% | — |
| 1971 | 4.4% | +12.1% |
| 1972 | 7.8% | +76.1% |
| 1973 | 7.0% | -9.4% |
| 1974 | 4.8% | -32.0% |
| 1975 | 7.4% | +55.1% |
| 1976 | 8.9% | +19.9% |
| 1977 | 13.8% | +55.1% |
| 1978 | 9.5% | -31.2% |
| 1979 | 6.6% | -30.6% |
| 1980 | 10.4% | +58.1% |
| 1981 | 9.4% | -10.3% |
| 1982 | 9.3% | -0.6% |
| 1983 | 8.1% | -13.0% |
| 1984 | 8.4% | +3.5% |
| 1985 | 8.1% | -3.1% |
| 1986 | 10.6% | +30.1% |
| 1987 | 9.1% | -14.0% |
| 1988 | 5.5% | -39.3% |
| 1989 | 8.3% | +51.7% |
| 1990 | 9.1% | +9.1% |
| 1991 | 10.2% | +11.9% |
| 1992 | 15.7% | +53.7% |
| 1993 | 16.1% | +3.0% |
| 1994 | 17.4% | +7.7% |
| 1995 | 15.3% | -11.8% |
| 1996 | 12.4% | -19.0% |
| 1997 | 8.8% | -29.3% |
| 1998 | 8.5% | -2.7% |
| 1999 | 7.6% | -10.9% |
| 2000 | 6.3% | -17.4% |
| 2001 | 8.4% | +33.6% |
| 2002 | 8.0% | -5.1% |
| 2003 | 8.3% | +4.7% |
| 2004 | 10.5% | +26.1% |
| 2005 | 11.9% | +13.4% |
| 2006 | 11.5% | -3.2% |
| 2007 | 11.6% | +0.2% |
| 2008 | 10.2% | -11.6% |
| 2009 | 10.2% | -0.6% |
| 2010 | 12.3% | +20.8% |
| 2011 | 16.1% | +31.5% |
| 2012 | 9.3% | -42.7% |
| 2013 | 12.3% | +33.3% |
| 2014 | 6.2% | -49.9% |
| 2015 | 10.0% | +61.8% |
| 2016 | 5.0% | -50.4% |
| 2017 | 5.7% | +16.0% |
| 2018 | 5.0% | -12.4% |
| 2019 | 4.8% | -5.1% |
| 2020 | 3.2% | -33.0% |
| 2021 | 3.3% | +2.3% |
| 2022 | 3.0% | -8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.4% | 3.9% | 13.8% | 10 |
| 1980s | 8.7% | 5.5% | 10.6% | 10 |
| 1990s | 12.1% | 7.6% | 17.4% | 10 |
| 2000s | 9.7% | 6.3% | 11.9% | 10 |
| 2010s | 8.7% | 4.8% | 16.1% | 10 |
| 2020s | 3.2% | 3.0% | 3.3% | 3 |
Countries ranked near Syrian Arab Republic
- 99 Oman 5.5% compare
- 100 Yemen 5.3% compare
- 101 Zimbabwe 4.5% compare
- 103 Equatorial Guinea 2.9% compare
- 104 Lebanon 1.2% compare
- 105 Tajikistan 0.0% compare
- 105 Venezuela, Bolivarian Republic of 0.0%
More economy & growth data for Syrian Arab Republic
- Total reserves minus gold (current US$), annual growth rate 11.88 % change on previous year (2010)
- Total reserves minus gold (current US$), per unit of GDP 0.3171 current US$ per US$ of GDP (2010)
- Total reserves minus gold (current US$), per capita 865.8 current US$ per person (2010)
- General government final consumption expenditure (current US$) -34.42 % change on previous year (2022)
- General government final consumption expenditure (current US$), per 0.0271 current US$ per US$ of GDP (2022)
- General government final consumption expenditure (current US$), per 28.64 current US$ per person (2022)
- General government final consumption expenditure (current LCU) -14.85 % change on previous year (2022)
- General government final consumption expenditure (current LCU), per 101.64 current LCU per US$ of GDP (2022)
- General government final consumption expenditure (current LCU), per 107,408 current LCU per person (2022)
- General government final consumption expenditure (constant 2015 US$) -49.42 % 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 3.0% 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 17.4% in 1994.
- What is the lowest gross fixed capital formation, private sector recorded in Syrian Arab Republic?
- The lowest recorded value was 3.0% in 2022.
- How does Syrian Arab Republic rank for gross fixed capital formation, private sector?
- Syrian Arab Republic ranks 102nd out of 106 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 down 67.7%. 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
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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 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.