Gross Fixed Capital Formation — Value US$, 2015 prices in Syria

Syria: Gross Fixed Capital Formation — Value US$, 2015 prices was 7,348 million USD in 2024. ◆ Volatile

Latest (2024)
7,348 million USD
Change on year
up 3.7%
World rank
113th
of 235 countries
All-time high
7,348 million USD
in 2024
All-time low
318.86 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Syria, 1970–2024

02.0k4.0k6.0k8.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross fixed capital formation — value us$, 2015 prices in Syria is 7,348 million USD, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 3.7% on the previous year and up 492.4% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in Syria peaked at 7,348 million USD in 2024 and was at its lowest, 318.86 million USD, in 1970.

That places Syria 113th out of 235 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value US$, 2015 prices in Syria, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Syria, 1970 to 2024.
Year million USD Change
1970 318.86 million USD
1971 372 million USD +16.7%
1972 470.69 million USD +26.5%
1973 445.87 million USD -5.3%
1974 609.06 million USD +36.6%
1975 852.38 million USD +40.0%
1976 1,120 million USD +31.4%
1977 1,305 million USD +16.5%
1978 1,130 million USD -13.4%
1979 1,141 million USD +1.0%
1980 1,421 million USD +24.5%
1981 1,450 million USD +2.0%
1982 1,491 million USD +2.8%
1983 1,577 million USD +5.8%
1984 1,595 million USD +1.1%
1985 1,673 million USD +4.9%
1986 1,482 million USD -11.4%
1987 998.61 million USD -32.6%
1988 958.34 million USD -4.0%
1989 871.24 million USD -9.1%
1990 974.9 million USD +11.9%
1991 1,011 million USD +3.7%
1992 1,340 million USD +32.6%
1993 1,359 million USD +1.4%
1994 1,640 million USD +20.7%
1995 1,640 million USD -0.0%
1996 1,635 million USD -0.3%
1997 1,553 million USD -5.0%
1998 1,603 million USD +3.2%
1999 1,561 million USD -2.6%
2000 1,525 million USD -2.3%
2001 1,663 million USD +9.0%
2002 1,928 million USD +15.9%
2003 2,266 million USD +17.5%
2004 2,499 million USD +10.3%
2005 2,816 million USD +12.7%
2006 3,016 million USD +7.1%
2007 2,766 million USD -8.3%
2008 2,604 million USD -5.9%
2009 2,903 million USD +11.5%
2010 3,297 million USD +13.6%
2011 3,727 million USD +13.0%
2012 1,817 million USD -51.2%
2013 1,917 million USD +5.5%
2014 1,240 million USD -35.3%
2015 2,616 million USD +110.9%
2016 2,307 million USD -11.8%
2017 3,853 million USD +67.0%
2018 4,545 million USD +18.0%
2019 3,964 million USD -12.8%
2020 4,376 million USD +10.4%
2021 5,428 million USD +24.0%
2022 6,485 million USD +19.5%
2023 7,087 million USD +9.3%
2024 7,348 million USD +3.7%

Syria compared with similar countries

  • Syria's 7,348 million USD is above the median for low income countries, which is 3,201 million USD, 2.3× the median. (23 countries reporting)
  • Syria's 7,348 million USD is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 17,125 million USD, 43% of the median. (22 countries reporting)

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, 2015 prices in Syria 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.

YearChange FromTo
2015 +110.9% 1,240 million USD 2,616 million USD

Averages by decade

DecadeAverage LowestHighest Years
1970s 776.55 million USD 318.86 million USD 1,305 million USD 10
1980s 1,352 million USD 871.24 million USD 1,673 million USD 10
1990s 1,432 million USD 974.9 million USD 1,640 million USD 10
2000s 2,399 million USD 1,525 million USD 3,016 million USD 10
2010s 2,928 million USD 1,240 million USD 4,545 million USD 10
2020s 6,145 million USD 4,376 million USD 7,348 million USD 5

Countries ranked near Syria

  1. 110 Tunisia 7,687 million USD compare
  2. 111 Yemen 7,624 million USD compare
  3. 112 Jordan 7,421 million USD compare
  4. 113 Syrian Arab Republic 7,348 million USD compare
  5. 115 Latvia 7,263 million USD compare
  6. 116 Zambia 7,233 million USD compare

See the full ranking of 265 places →

More economy & growth data for Syria

All data for Syria →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices in Syria?
Gross fixed capital formation — value us$, 2015 prices in Syria was 7,348 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Syria?
The highest recorded value was 7,348 million USD in 2024.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Syria?
The lowest recorded value was 318.86 million USD in 1970.
How does Syria rank for gross fixed capital formation — value us$, 2015 prices?
Syria ranks 113th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices rising or falling in Syria?
Over the last ten years it is up 492.4%. The long-run trend across the full record is volatile.
Where does this Syria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices in Syria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/syrian-arab-republic/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 data points, 1970–2024
Last refreshed

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).