Gross capital formation (constant 2015 US$) in Singapore
Singapore: Gross capital formation (constant 2015 US$) was 106.08 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
106.08 billion constant 2015 US$
Change on year
up 4.1%
World rank
27th
of 163 countries
All-time high
106.08 billion constant 2015 US$
in 2025
All-time low
394.84 million constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross capital formation in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross capital formation in Singapore stood at 106.08 billion constant 2015 US$. That is the highest value across all 66 years on record.
The figure is up 4.1% on the previous year and up 35.8% over ten years.
Over the whole period, gross capital formation in Singapore peaked at 106.08 billion constant 2015 US$ in 2025 and was at its lowest, 394.84 million constant 2015 US$, in 1960.
That places Singapore 27th out of 163 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$) in Singapore, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 394.84 million constant 2015 US$ | — |
| 1961 | 467.39 million constant 2015 US$ | +18.4% |
| 1962 | 704.40 million constant 2015 US$ | +50.7% |
| 1963 | 1.05 billion constant 2015 US$ | +48.5% |
| 1964 | 1.14 billion constant 2015 US$ | +9.4% |
| 1965 | 1.31 billion constant 2015 US$ | +14.6% |
| 1966 | 1.43 billion constant 2015 US$ | +9.3% |
| 1967 | 1.69 billion constant 2015 US$ | +17.6% |
| 1968 | 2.15 billion constant 2015 US$ | +27.6% |
| 1969 | 2.75 billion constant 2015 US$ | +27.8% |
| 1970 | 4.18 billion constant 2015 US$ | +52.3% |
| 1971 | 4.93 billion constant 2015 US$ | +17.9% |
| 1972 | 5.44 billion constant 2015 US$ | +10.3% |
| 1973 | 5.76 billion constant 2015 US$ | +5.9% |
| 1974 | 7.33 billion constant 2015 US$ | +27.2% |
| 1975 | 6.90 billion constant 2015 US$ | -5.9% |
| 1976 | 7.39 billion constant 2015 US$ | +7.1% |
| 1977 | 7.14 billion constant 2015 US$ | -3.5% |
| 1978 | 8.90 billion constant 2015 US$ | +24.8% |
| 1979 | 10.54 billion constant 2015 US$ | +18.4% |
| 1980 | 12.29 billion constant 2015 US$ | +16.7% |
| 1981 | 13.25 billion constant 2015 US$ | +7.8% |
| 1982 | 15.25 billion constant 2015 US$ | +15.1% |
| 1983 | 16.91 billion constant 2015 US$ | +10.9% |
| 1984 | 18.63 billion constant 2015 US$ | +10.2% |
| 1985 | 16.35 billion constant 2015 US$ | -12.2% |
| 1986 | 14.71 billion constant 2015 US$ | -10.0% |
| 1987 | 16.41 billion constant 2015 US$ | +11.5% |
| 1988 | 16.58 billion constant 2015 US$ | +1.0% |
| 1989 | 18.74 billion constant 2015 US$ | +13.0% |
| 1990 | 22.01 billion constant 2015 US$ | +17.4% |
| 1991 | 22.76 billion constant 2015 US$ | +3.4% |
| 1992 | 25.04 billion constant 2015 US$ | +10.0% |
| 1993 | 29.55 billion constant 2015 US$ | +18.0% |
| 1994 | 29.87 billion constant 2015 US$ | +1.1% |
| 1995 | 34.72 billion constant 2015 US$ | +16.2% |
| 1996 | 38.82 billion constant 2015 US$ | +11.8% |
| 1997 | 46.06 billion constant 2015 US$ | +18.7% |
| 1998 | 36.68 billion constant 2015 US$ | -20.4% |
| 1999 | 39.85 billion constant 2015 US$ | +8.6% |
| 2000 | 50.11 billion constant 2015 US$ | +25.7% |
| 2001 | 39.02 billion constant 2015 US$ | -22.1% |
| 2002 | 37.22 billion constant 2015 US$ | -4.6% |
| 2003 | 26.34 billion constant 2015 US$ | -29.2% |
| 2004 | 39.32 billion constant 2015 US$ | +49.3% |
| 2005 | 39.30 billion constant 2015 US$ | -0.1% |
| 2006 | 45.02 billion constant 2015 US$ | +14.5% |
| 2007 | 50.12 billion constant 2015 US$ | +11.3% |
| 2008 | 63.22 billion constant 2015 US$ | +26.1% |
| 2009 | 58.60 billion constant 2015 US$ | -7.3% |
| 2010 | 70.48 billion constant 2015 US$ | +20.3% |
| 2011 | 73.01 billion constant 2015 US$ | +3.6% |
| 2012 | 83.34 billion constant 2015 US$ | +14.2% |
| 2013 | 87.18 billion constant 2015 US$ | +4.6% |
| 2014 | 87.34 billion constant 2015 US$ | +0.2% |
| 2015 | 78.09 billion constant 2015 US$ | -10.6% |
| 2016 | 85.71 billion constant 2015 US$ | +9.8% |
| 2017 | 95.53 billion constant 2015 US$ | +11.5% |
| 2018 | 92.21 billion constant 2015 US$ | -3.5% |
| 2019 | 91.36 billion constant 2015 US$ | -0.9% |
| 2020 | 80.99 billion constant 2015 US$ | -11.4% |
| 2021 | 99.79 billion constant 2015 US$ | +23.2% |
| 2022 | 100.51 billion constant 2015 US$ | +0.7% |
| 2023 | 89.12 billion constant 2015 US$ | -11.3% |
| 2024 | 101.87 billion constant 2015 US$ | +14.3% |
| 2025 | 106.08 billion constant 2015 US$ | +4.1% |
Singapore compared with similar countries
- Singapore's 106.08 billion constant 2015 US$ is above the median for high income countries, which is 50.23 billion constant 2015 US$, 2.1× the median. (58 countries reporting)
- Singapore's 106.08 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 6.48 billion constant 2015 US$, 16.4× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.31 billion constant 2015 US$ | 394.84 million constant 2015 US$ | 2.75 billion constant 2015 US$ | 10 |
| 1970s | 6.85 billion constant 2015 US$ | 4.18 billion constant 2015 US$ | 10.54 billion constant 2015 US$ | 10 |
| 1980s | 15.91 billion constant 2015 US$ | 12.29 billion constant 2015 US$ | 18.74 billion constant 2015 US$ | 10 |
| 1990s | 32.54 billion constant 2015 US$ | 22.01 billion constant 2015 US$ | 46.06 billion constant 2015 US$ | 10 |
| 2000s | 44.83 billion constant 2015 US$ | 26.34 billion constant 2015 US$ | 63.22 billion constant 2015 US$ | 10 |
| 2010s | 84.43 billion constant 2015 US$ | 70.48 billion constant 2015 US$ | 95.53 billion constant 2015 US$ | 10 |
| 2020s | 96.39 billion constant 2015 US$ | 80.99 billion constant 2015 US$ | 106.08 billion constant 2015 US$ | 6 |
Countries ranked near Singapore
- 24 Belgium 126.47 billion constant 2015 US$ compare
- 25 Ireland 121.15 billion constant 2015 US$ compare
- 26 Algeria 118.44 billion constant 2015 US$ compare
- 28 Argentina 103.96 billion constant 2015 US$ compare
- 29 Israel 103.93 billion constant 2015 US$ compare
- 30 Norway 103.74 billion constant 2015 US$ 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Singapore?
- Gross capital formation in Singapore was 106.08 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Singapore?
- The highest recorded value was 106.08 billion constant 2015 US$ in 2025.
- What is the lowest gross capital formation recorded in Singapore?
- The lowest recorded value was 394.84 million constant 2015 US$ in 1960.
- How does Singapore rank for gross capital formation?
- Singapore ranks 27th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Singapore?
- Over the last ten years it is up 35.8%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.