Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) in Syrian Arab Republic
Syrian Arab Republic: Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) was 12.32 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Syrian Arab Republic, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Syrian Arab Republic stood at 12.32 million million SLC. That is the highest value across all 55 years on record.
That represents a change of up 5.5% on the previous year and up 4,041.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Syrian Arab Republic peaked at 12.32 million million SLC in 2024 and was at its lowest, 897 million SLC, in 1970.
That places Syrian Arab Republic 38th out of 230 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) in Syrian Arab Republic, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 897 million SLC | — |
| 1971 | 1,150 million SLC | +28.2% |
| 1972 | 1,601 million SLC | +39.2% |
| 1973 | 1,769 million SLC | +10.5% |
| 1974 | 3,067 million SLC | +73.4% |
| 1975 | 5,156 million SLC | +68.1% |
| 1976 | 7,759 million SLC | +50.5% |
| 1977 | 9,597 million SLC | +23.7% |
| 1978 | 8,887 million SLC | -7.4% |
| 1979 | 10,194 million SLC | +14.7% |
| 1980 | 14,365 million SLC | +40.9% |
| 1981 | 15,487 million SLC | +7.8% |
| 1982 | 16,513 million SLC | +6.6% |
| 1983 | 17,508 million SLC | +6.0% |
| 1984 | 18,082 million SLC | +3.3% |
| 1985 | 20,016 million SLC | +10.7% |
| 1986 | 22,443 million SLC | +12.1% |
| 1987 | 23,223 million SLC | +3.5% |
| 1988 | 25,992 million SLC | +11.9% |
| 1989 | 33,808 million SLC | +30.1% |
| 1990 | 44,395 million SLC | +31.3% |
| 1991 | 55,992 million SLC | +26.1% |
| 1992 | 86,120 million SLC | +53.8% |
| 1993 | 107,466 million SLC | +24.8% |
| 1994 | 151,622 million SLC | +41.1% |
| 1995 | 155,504 million SLC | +2.6% |
| 1996 | 163,076 million SLC | +4.9% |
| 1997 | 155,464 million SLC | -4.7% |
| 1998 | 162,446 million SLC | +4.5% |
| 1999 | 153,706 million SLC | -5.4% |
| 2000 | 156,092 million SLC | +1.6% |
| 2001 | 191,023 million SLC | +22.4% |
| 2002 | 206,416 million SLC | +8.1% |
| 2003 | 249,681 million SLC | +21.0% |
| 2004 | 274,500 million SLC | +9.9% |
| 2005 | 346,737 million SLC | +26.3% |
| 2006 | 371,519 million SLC | +7.1% |
| 2007 | 412,136 million SLC | +10.9% |
| 2008 | 408,725 million SLC | -0.8% |
| 2009 | 451,605 million SLC | +10.5% |
| 2010 | 579,911 million SLC | +28.4% |
| 2011 | 703,594 million SLC | +21.3% |
| 2012 | 386,818 million SLC | -45.0% |
| 2013 | 424,662 million SLC | +9.8% |
| 2014 | 297,496 million SLC | -29.9% |
| 2015 | 620,132 million SLC | +108.5% |
| 2016 | 483,012 million SLC | -22.1% |
| 2017 | 749,689 million SLC | +55.2% |
| 2018 | 866,957 million SLC | +15.6% |
| 2019 | 862,321 million SLC | -0.5% |
| 2020 | 1.19 million million SLC | +37.7% |
| 2021 | 2.26 million million SLC | +90.2% |
| 2022 | 3.96 million million SLC | +75.3% |
| 2023 | 11.67 million million SLC | +195.0% |
| 2024 | 12.32 million million SLC | +5.5% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) in Syrian Arab Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +195.0% | 3.96 million million SLC | 11.67 million million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,008 million SLC | 897 million SLC | 10,194 million SLC | 10 |
| 1980s | 20,744 million SLC | 14,365 million SLC | 33,808 million SLC | 10 |
| 1990s | 123,579 million SLC | 44,395 million SLC | 163,076 million SLC | 10 |
| 2000s | 306,843 million SLC | 156,092 million SLC | 451,605 million SLC | 10 |
| 2010s | 597,459 million SLC | 297,496 million SLC | 866,957 million SLC | 10 |
| 2020s | 6.28 million million SLC | 1.19 million million SLC | 12.32 million million SLC | 5 |
Countries ranked near Syrian Arab Republic
More economy & growth data for Syrian Arab Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.08 Percent per annum (2010)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.44 Percent per annum (2010)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -42.58 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.8 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -37.09 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.23 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.23 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 3.68 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 3.68 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.55 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Syrian Arab Republic?
- Gross fixed capital formation — value standard local currency in Syrian Arab Republic was 12.32 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Syrian Arab Republic?
- The highest recorded value was 12.32 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Syrian Arab Republic?
- The lowest recorded value was 897 million SLC in 1970.
- How does Syrian Arab Republic rank for gross fixed capital formation — value standard local currency?
- Syrian Arab Republic ranks 38th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Syrian Arab Republic?
- Over the last ten years it is up 4,041.4%. The long-run trend across the full record is volatile.
- Where does this Syrian Arab Republic data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).