Gross fixed capital formation in Singapore
Singapore: Gross fixed capital formation was 6.1% in 2025. ◆ Volatile
Gross fixed capital formation in Singapore, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, gross fixed capital formation in Singapore stood at 6.1%.
That represents a change of down 1.7% on the previous year and up 213.6% over ten years.
Over the whole period, gross fixed capital formation in Singapore peaked at 44.1% in 1961 and was at its lowest, -13.5%, in 2020.
Singapore ranks 68th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Singapore, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 44.1% | — |
| 1962 | 19.3% | -56.1% |
| 1963 | 23.5% | +21.8% |
| 1964 | 21.3% | -9.6% |
| 1965 | 12.7% | -40.4% |
| 1966 | 3.1% | -75.5% |
| 1967 | 14.1% | +351.7% |
| 1968 | 32.7% | +132.3% |
| 1969 | 29.0% | -11.2% |
| 1970 | 33.2% | +14.6% |
| 1971 | 24.4% | -26.6% |
| 1972 | 14.8% | -39.6% |
| 1973 | 6.8% | -53.9% |
| 1974 | 10.8% | +57.9% |
| 1975 | -0.4% | -103.4% |
| 1976 | 5.2% | -1531.7% |
| 1977 | 1.4% | -73.1% |
| 1978 | 12.9% | +827.6% |
| 1979 | 13.4% | +3.9% |
| 1980 | 20.7% | +54.2% |
| 1981 | 16.1% | -22.1% |
| 1982 | 21.0% | +30.7% |
| 1983 | 11.0% | -47.6% |
| 1984 | 9.8% | -11.1% |
| 1985 | -11.7% | -219.6% |
| 1986 | -12.3% | +4.9% |
| 1987 | 0.6% | -104.8% |
| 1988 | 5.7% | +863.3% |
| 1989 | 15.8% | +177.5% |
| 1990 | 11.3% | -28.9% |
| 1991 | 13.3% | +18.0% |
| 1992 | 12.0% | -10.1% |
| 1993 | 9.8% | -18.2% |
| 1994 | 9.9% | +1.3% |
| 1995 | 12.3% | +23.8% |
| 1996 | 24.1% | +96.7% |
| 1997 | 10.6% | -56.2% |
| 1998 | -5.0% | -147.6% |
| 1999 | -4.5% | -10.3% |
| 2000 | 11.4% | -353.5% |
| 2001 | -5.2% | -145.6% |
| 2002 | -9.2% | +75.8% |
| 2003 | -5.2% | -43.7% |
| 2004 | 10.3% | -299.6% |
| 2005 | 3.6% | -64.6% |
| 2006 | 9.4% | +159.3% |
| 2007 | 15.5% | +64.3% |
| 2008 | 10.8% | -30.6% |
| 2009 | 5.5% | -49.0% |
| 2010 | 6.8% | +23.0% |
| 2011 | 6.4% | -5.7% |
| 2012 | 8.6% | +35.6% |
| 2013 | 6.2% | -28.6% |
| 2014 | 4.2% | -31.5% |
| 2015 | 2.0% | -53.6% |
| 2016 | 0.6% | -67.8% |
| 2017 | 5.0% | +686.7% |
| 2018 | -4.9% | -198.3% |
| 2019 | 2.2% | -145.6% |
| 2020 | -13.5% | -708.7% |
| 2021 | 23.4% | -273.3% |
| 2022 | 2.2% | -90.6% |
| 2023 | -0.8% | -136.3% |
| 2024 | 6.3% | -882.5% |
| 2025 | 6.1% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.2% | 3.1% | 44.1% | 9 |
| 1970s | 12.2% | -0.4% | 33.2% | 10 |
| 1980s | 7.7% | -12.3% | 21.0% | 10 |
| 1990s | 9.4% | -5.0% | 24.1% | 10 |
| 2000s | 4.7% | -9.2% | 15.5% | 10 |
| 2010s | 3.7% | -4.9% | 8.6% | 10 |
| 2020s | 4.0% | -13.5% | 23.4% | 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)
- Services, value added (constant LCU), per capita 66,946 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -1.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.03 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9429 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 93,169 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.23 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 121,813 current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Singapore?
- Gross fixed capital formation in Singapore was 6.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Singapore?
- The highest recorded value was 44.1% in 1961.
- What is the lowest gross fixed capital formation recorded in Singapore?
- The lowest recorded value was -13.5% in 2020.
- How does Singapore rank for gross fixed capital formation?
- Singapore ranks 68th out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Singapore?
- Over the last ten years it is up 213.6%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.