Annual growth of the gross capital formation in Singapore
Singapore: Annual growth of the gross capital formation was 10.1% in 2024. ◆ Volatile
Latest (2024)
10.1%
Change on year
up 179.8%
World rank
37th
of 174 countries
All-time high
47.6%
in 2004
All-time low
-28.8%
in 2003
Years of data
25
2000–2024
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 174 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% |
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
- 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)
- Total reserves minus gold (current US$), annual growth rate 10.79 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.6706 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 66,261 current US$ per person (2025)
- General government final consumption expenditure (current US$) 7.49 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1025 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 10,130 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.18 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.134 current LCU per US$ of GDP (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 174 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).