Gross capital formation in Singapore
Singapore: Gross capital formation was 22.5% in 2025. ▼ Falling
Gross capital formation in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Singapore recorded 22.5% for gross capital formation in 2025.
The figure is up 2.9% on the previous year and down 11.3% over ten years.
Over the whole period, gross capital formation in Singapore peaked at 46.9% in 1984 and was at its lowest, 11.3%, in 1960.
Singapore ranks 100th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 66 years of available data.
Gross capital formation in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.3% | — |
| 1961 | 11.5% | +1.7% |
| 1962 | 15.5% | +34.2% |
| 1963 | 17.3% | +12.1% |
| 1964 | 19.8% | +14.2% |
| 1965 | 21.7% | +9.6% |
| 1966 | 21.7% | +0.1% |
| 1967 | 21.9% | +0.9% |
| 1968 | 24.6% | +12.3% |
| 1969 | 28.3% | +14.8% |
| 1970 | 38.2% | +35.0% |
| 1971 | 40.1% | +5.0% |
| 1972 | 40.9% | +1.9% |
| 1973 | 38.9% | -4.8% |
| 1974 | 44.5% | +14.4% |
| 1975 | 38.8% | -12.8% |
| 1976 | 39.6% | +2.0% |
| 1977 | 35.2% | -11.0% |
| 1978 | 37.9% | +7.4% |
| 1979 | 42.1% | +11.2% |
| 1980 | 45.0% | +6.9% |
| 1981 | 44.8% | -0.5% |
| 1982 | 46.3% | +3.3% |
| 1983 | 46.5% | +0.4% |
| 1984 | 46.9% | +1.0% |
| 1985 | 41.1% | -12.4% |
| 1986 | 36.6% | -11.0% |
| 1987 | 36.5% | -0.1% |
| 1988 | 33.4% | -8.5% |
| 1989 | 34.1% | +2.0% |
| 1990 | 35.7% | +4.7% |
| 1991 | 34.0% | -4.7% |
| 1992 | 35.5% | +4.5% |
| 1993 | 37.2% | +4.7% |
| 1994 | 32.9% | -11.5% |
| 1995 | 33.9% | +2.9% |
| 1996 | 35.0% | +3.4% |
| 1997 | 38.2% | +8.9% |
| 1998 | 31.5% | -17.5% |
| 1999 | 32.7% | +3.8% |
| 2000 | 35.2% | +7.6% |
| 2001 | 27.6% | -21.5% |
| 2002 | 25.1% | -9.2% |
| 2003 | 17.2% | -31.3% |
| 2004 | 22.9% | +32.9% |
| 2005 | 21.5% | -6.1% |
| 2006 | 22.4% | +4.1% |
| 2007 | 23.1% | +3.1% |
| 2008 | 30.2% | +30.8% |
| 2009 | 27.4% | -9.2% |
| 2010 | 27.7% | +1.1% |
| 2011 | 26.7% | -3.5% |
| 2012 | 29.3% | +9.6% |
| 2013 | 30.0% | +2.4% |
| 2014 | 29.4% | -1.8% |
| 2015 | 25.4% | -13.9% |
| 2016 | 26.3% | +3.9% |
| 2017 | 27.2% | +3.2% |
| 2018 | 24.7% | -9.3% |
| 2019 | 24.3% | -1.3% |
| 2020 | 22.9% | -5.8% |
| 2021 | 24.1% | +5.2% |
| 2022 | 21.9% | -9.3% |
| 2023 | 21.1% | -3.4% |
| 2024 | 21.8% | +3.4% |
| 2025 | 22.5% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.4% | 11.3% | 28.3% | 10 |
| 1970s | 39.6% | 35.2% | 44.5% | 10 |
| 1980s | 41.1% | 33.4% | 46.9% | 10 |
| 1990s | 34.7% | 31.5% | 38.2% | 10 |
| 2000s | 25.2% | 17.2% | 35.2% | 10 |
| 2010s | 27.1% | 24.3% | 30.0% | 10 |
| 2020s | 22.4% | 21.1% | 24.1% | 6 |
Countries ranked near Singapore
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)
- Gross capital formation (current US$), annual growth rate 8.49 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2249 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 22,220 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 6.15 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.294 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 29,051 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 4.13 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1757 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Singapore?
- Gross capital formation in Singapore was 22.5% 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 46.9% in 1984.
- What is the lowest gross capital formation recorded in Singapore?
- The lowest recorded value was 11.3% in 1960.
- How does Singapore rank for gross capital formation?
- Singapore ranks 100th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Singapore?
- Over the last ten years it is down 11.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.