Syrian Arab Republic's gross fixed capital formation, private sector (current LCU) was 2.66 trillion in 2022, the latest year in the World Bank's World Development Indicators. That is up 849.8% from 280.06 billion in 2012 (25.25% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.66 trillion | 2022 |
| Five years earlier | 480 billion | 2017 |
| Ten years earlier | 280.06 billion | 2012 |
| Highest | 2.66 trillion | 2022 |
| Lowest | 268 million | 1970 |
| Average since 2013 | 757.27 billion | 2013–2022 |
| First recorded | 268 million |
What the numbers say
In 2022, Syrian Arab Republic's gross fixed capital formation, private sector (current LCU) rose 88.9% on 2021 (from 1.41 trillion to 2.66 trillion).
Across the 30 yearly changes before that (1992 to 2021), the average change was +19.5% and a typical year strayed about 39.9% from that (the standard deviation). This year's change was 1.7 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 127.4% in 2021 and the biggest yearly fall was 46.7% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is upward, about 184.42 billion a year. A straight line explains 56% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Syrian Arab Republic in the 2022 ranking
- Burkina Faso — 2nd of 6: 1.19 trillion
- Guam — 3rd of 6: 2.01 billion
- Virgin Islands (US) — 4th of 6: 448 million
What this measures
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.
All 53 values
| Year | Gross fixed capital formation, private sector (current LCU) |
|---|---|
| 2022 | 2,659,979,000,000 |
| 2021 | 1,408,041,000,000 |
| 2020 | 619,073,000,000 |
| 2019 | 555,106,000,000 |
| 2018 | 482,355,000,000 |
| 2017 | 480,001,000,000 |
| 2016 | 303,833,000,000 |
| 2015 | 478,543,000,000 |
| 2014 | 223,313,000,000 |
| 2013 | 362,411,000,000 |
Gross fixed capital formation, private sector (current LCU) in nearby economies
- Bahrain — 4.71 billion (2024)
- Djibouti — 141.53 billion (2024)
- Egypt, Arab Rep. — 1.2 trillion (2025)
- Lebanon — 28.12 trillion (2024)
- Pakistan — 11.27 trillion (2025)
- Saudi Arabia — 1.29 trillion (2025)
- Yemen, Rep. — 619.19 billion (2018)
More economic policy & debt data for Syrian Arab Republic
- Grants, excluding technical cooperation (BoP, current US$) — US$8.91 billion (2023)
- Technical cooperation grants (BoP, current US$) — US$305.05 million (2023)
- Net bilateral aid flows from DAC donors, Germany (current US$) — US$820.37 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$2.65 billion (2023)
- Net official development assistance and official aid received (current US$) — US$9.21 billion (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$9.21 billion (2023)
- Net official development assistance received (current US$) — US$9.21 billion (2023)
Reading data like this
Questions people ask
- What is Syrian Arab Republic's gross fixed capital formation, private sector (current LCU)?
- 2.66 trillion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 992,429% from 268 million in 1970 (19.36% a year on average, compounded). The highest value was 2.66 trillion in 2022 and the lowest 268 million in 1970.
- Is the latest change in gross fixed capital formation, private sector (current LCU) unusual for Syrian Arab Republic?
- In 2022, Syrian Arab Republic's gross fixed capital formation, private sector (current LCU) rose 88.9% on 2021 (from 1.41 trillion to 2.66 trillion). Across the 30 yearly changes before that (1992 to 2021), the average change was +19.5% and a typical year strayed about 39.9% from that (the standard deviation). This year's change was 1.7 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NE.GDI.FPRV.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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