Annual growth of the gross capital formation (%) in Singapore
Singapore: Annual growth of the gross capital formation (%) was 10.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Singapore, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Singapore recorded 10.1% for annual growth of the gross capital formation in 2024.
The figure is up 179.8% on the previous year and up 4,979.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Singapore peaked at 47.6% in 2004 and was at its lowest, -28.8%, in 2003.
That places Singapore 37th out of 175 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.
Annual growth of the gross capital formation (%) in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 27.4% | — |
| 2001 | -22.1% | -180.7% |
| 2002 | -4.6% | -79.1% |
| 2003 | -28.8% | +523.0% |
| 2004 | 47.6% | -265.5% |
| 2005 | 0.6% | -98.7% |
| 2006 | 14.5% | +2277.0% |
| 2007 | 11.5% | -20.6% |
| 2008 | 28.8% | +149.9% |
| 2009 | -9.2% | -131.9% |
| 2010 | 22.5% | -345.3% |
| 2011 | 3.6% | -84.0% |
| 2012 | 14.0% | +288.9% |
| 2013 | 4.6% | -67.3% |
| 2014 | 0.2% | -95.7% |
| 2015 | -9.8% | -5018.7% |
| 2016 | 9.6% | -198.2% |
| 2017 | 11.0% | +14.9% |
| 2018 | -3.3% | -130.0% |
| 2019 | -0.6% | -81.7% |
| 2020 | -12.6% | +1977.6% |
| 2021 | 22.9% | -281.5% |
| 2022 | 3.5% | -84.9% |
| 2023 | -12.7% | -466.7% |
| 2024 | 10.1% | -179.8% |
Singapore compared with similar countries
- Singapore's 10.1% is above the median for high income countries, which is -0.2%. (55 countries reporting)
- Singapore's 10.1% is above the median for East Asia & Pacific, which is 3.1%, 3.3× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Singapore 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 |
|---|---|---|---|
| 2015 | -5018.7% | 0.2% | -9.8% |
| 2006 | +2277.0% | 0.6% | 14.5% |
| 2020 | -1977.6% | -0.6% | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.6% | -28.8% | 47.6% | 10 |
| 2010s | 5.2% | -9.8% | 22.5% | 10 |
| 2020s | 2.2% | -12.7% | 22.9% | 5 |
Countries ranked near Singapore
- 34 Benin 10.5% compare
- 35 North Macedonia 10.4% compare
- 36 Democratic Republic of the Congo 10.4% compare
- 38 Gambia 9.7% compare
- 39 Costa Rica 9.4% compare
- 40 Mauritania 9.2% compare
More economy & growth data for Singapore
- Real gdp growth, annual growth rate -6.01 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,066 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.451 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 778.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.63 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Singapore?
- Annual growth of the gross capital formation in Singapore was 10.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Singapore?
- The highest recorded value was 47.6% in 2004.
- What is the lowest annual growth of the gross capital formation recorded in Singapore?
- The lowest recorded value was -28.8% in 2003.
- How does Singapore rank for annual growth of the gross capital formation?
- Singapore ranks 37th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Singapore?
- Over the last ten years it is up 4,979.9%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).