Syrian Arab Republic - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Syrian Arab Republic was $286,952,800 as of 1969. Over the past 9 years, the value for this indicator has fluctuated between $286,952,800 in 1969 and $117,560,100 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $117,560,100
1961 $136,345,600
1962 $181,078,000
1963 $149,075,900
1964 $157,310,500
1965 $137,433,800
1966 $165,538,800
1967 $177,061,900
1968 $217,252,100
1969 $286,952,800

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Syrian Arab Republic was 1,096,160,000 as of 1969. As the graph below shows, over the past 9 years this indicator reached a maximum value of 1,096,160,000 in 1969 and a minimum value of 420,865,300 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 420,865,300
1961 488,117,100
1962 668,178,000
1963 569,469,900
1964 600,926,300
1965 524,997,000
1966 632,358,300
1967 676,376,500
1968 829,903,200
1969 1,096,160,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Syrian Arab Republic was 15.97 as of 1969. Its highest value over the past 9 years was 16.31 in 1962, while its lowest value was 10.33 in 1965.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 13.71
1961 14.42
1962 16.31
1963 12.42
1964 11.74
1965 10.33
1966 12.53
1967 12.26
1968 13.91
1969 15.97

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts