Gross fixed capital formation (constant 2015 US$) in Singapore
Singapore: Gross fixed capital formation (constant 2015 US$) was 105.11 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
105.11 billion constant 2015 US$
Change on year
up 6.1%
World rank
29th
of 161 countries
All-time high
105.11 billion constant 2015 US$
in 2025
All-time low
468.06 million constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross fixed capital formation in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Singapore is 105.11 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 6.1% on the previous year and up 25.4% over ten years.
Over the whole period, gross fixed capital formation in Singapore peaked at 105.11 billion constant 2015 US$ in 2025 and was at its lowest, 468.06 million constant 2015 US$, in 1960.
Singapore ranks 29th of 161 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$) in Singapore, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 468.06 million constant 2015 US$ | — |
| 1961 | 674.27 million constant 2015 US$ | +44.1% |
| 1962 | 804.54 million constant 2015 US$ | +19.3% |
| 1963 | 993.87 million constant 2015 US$ | +23.5% |
| 1964 | 1.21 billion constant 2015 US$ | +21.3% |
| 1965 | 1.36 billion constant 2015 US$ | +12.7% |
| 1966 | 1.40 billion constant 2015 US$ | +3.1% |
| 1967 | 1.60 billion constant 2015 US$ | +14.1% |
| 1968 | 2.12 billion constant 2015 US$ | +32.7% |
| 1969 | 2.73 billion constant 2015 US$ | +29.0% |
| 1970 | 3.64 billion constant 2015 US$ | +33.2% |
| 1971 | 4.53 billion constant 2015 US$ | +24.4% |
| 1972 | 5.20 billion constant 2015 US$ | +14.8% |
| 1973 | 5.55 billion constant 2015 US$ | +6.8% |
| 1974 | 6.15 billion constant 2015 US$ | +10.8% |
| 1975 | 6.13 billion constant 2015 US$ | -0.4% |
| 1976 | 6.45 billion constant 2015 US$ | +5.2% |
| 1977 | 6.54 billion constant 2015 US$ | +1.4% |
| 1978 | 7.38 billion constant 2015 US$ | +12.9% |
| 1979 | 8.37 billion constant 2015 US$ | +13.4% |
| 1980 | 10.10 billion constant 2015 US$ | +20.7% |
| 1981 | 11.72 billion constant 2015 US$ | +16.1% |
| 1982 | 14.19 billion constant 2015 US$ | +21.0% |
| 1983 | 15.75 billion constant 2015 US$ | +11.0% |
| 1984 | 17.29 billion constant 2015 US$ | +9.8% |
| 1985 | 15.27 billion constant 2015 US$ | -11.7% |
| 1986 | 13.39 billion constant 2015 US$ | -12.3% |
| 1987 | 13.47 billion constant 2015 US$ | +0.6% |
| 1988 | 14.24 billion constant 2015 US$ | +5.7% |
| 1989 | 16.49 billion constant 2015 US$ | +15.8% |
| 1990 | 18.35 billion constant 2015 US$ | +11.3% |
| 1991 | 20.79 billion constant 2015 US$ | +13.3% |
| 1992 | 23.27 billion constant 2015 US$ | +12.0% |
| 1993 | 25.55 billion constant 2015 US$ | +9.8% |
| 1994 | 28.08 billion constant 2015 US$ | +9.9% |
| 1995 | 31.52 billion constant 2015 US$ | +12.3% |
| 1996 | 39.12 billion constant 2015 US$ | +24.1% |
| 1997 | 43.25 billion constant 2015 US$ | +10.6% |
| 1998 | 41.08 billion constant 2015 US$ | -5.0% |
| 1999 | 39.23 billion constant 2015 US$ | -4.5% |
| 2000 | 43.70 billion constant 2015 US$ | +11.4% |
| 2001 | 41.43 billion constant 2015 US$ | -5.2% |
| 2002 | 37.64 billion constant 2015 US$ | -9.2% |
| 2003 | 35.69 billion constant 2015 US$ | -5.2% |
| 2004 | 39.37 billion constant 2015 US$ | +10.3% |
| 2005 | 40.80 billion constant 2015 US$ | +3.6% |
| 2006 | 44.65 billion constant 2015 US$ | +9.4% |
| 2007 | 51.58 billion constant 2015 US$ | +15.5% |
| 2008 | 57.12 billion constant 2015 US$ | +10.8% |
| 2009 | 60.26 billion constant 2015 US$ | +5.5% |
| 2010 | 64.33 billion constant 2015 US$ | +6.8% |
| 2011 | 68.42 billion constant 2015 US$ | +6.4% |
| 2012 | 74.33 billion constant 2015 US$ | +8.6% |
| 2013 | 78.90 billion constant 2015 US$ | +6.2% |
| 2014 | 82.23 billion constant 2015 US$ | +4.2% |
| 2015 | 83.84 billion constant 2015 US$ | +2.0% |
| 2016 | 84.37 billion constant 2015 US$ | +0.6% |
| 2017 | 88.56 billion constant 2015 US$ | +5.0% |
| 2018 | 84.24 billion constant 2015 US$ | -4.9% |
| 2019 | 86.11 billion constant 2015 US$ | +2.2% |
| 2020 | 74.46 billion constant 2015 US$ | -13.5% |
| 2021 | 91.92 billion constant 2015 US$ | +23.4% |
| 2022 | 93.95 billion constant 2015 US$ | +2.2% |
| 2023 | 93.19 billion constant 2015 US$ | -0.8% |
| 2024 | 99.02 billion constant 2015 US$ | +6.3% |
| 2025 | 105.11 billion constant 2015 US$ | +6.1% |
Singapore compared with similar countries
- Singapore's 105.11 billion constant 2015 US$ is above the median for high income countries, which is 50.87 billion constant 2015 US$, 2.1× the median. (57 countries reporting)
- Singapore's 105.11 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 9.80 billion constant 2015 US$, 10.7× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.34 billion constant 2015 US$ | 468.06 million constant 2015 US$ | 2.73 billion constant 2015 US$ | 10 |
| 1970s | 5.99 billion constant 2015 US$ | 3.64 billion constant 2015 US$ | 8.37 billion constant 2015 US$ | 10 |
| 1980s | 14.19 billion constant 2015 US$ | 10.10 billion constant 2015 US$ | 17.29 billion constant 2015 US$ | 10 |
| 1990s | 31.02 billion constant 2015 US$ | 18.35 billion constant 2015 US$ | 43.25 billion constant 2015 US$ | 10 |
| 2000s | 45.22 billion constant 2015 US$ | 35.69 billion constant 2015 US$ | 60.26 billion constant 2015 US$ | 10 |
| 2010s | 79.53 billion constant 2015 US$ | 64.33 billion constant 2015 US$ | 88.56 billion constant 2015 US$ | 10 |
| 2020s | 92.94 billion constant 2015 US$ | 74.46 billion constant 2015 US$ | 105.11 billion constant 2015 US$ | 6 |
Countries ranked near Singapore
- 26 Norway 113.93 billion constant 2015 US$ compare
- 27 Algeria 109.39 billion constant 2015 US$ compare
- 28 Philippines 108.48 billion constant 2015 US$ compare
- 30 Bangladesh 102.98 billion constant 2015 US$ compare
- 31 Israel 102.07 billion constant 2015 US$ compare
- 32 Malaysia 98.88 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 fixed capital formation in Singapore?
- Gross fixed capital formation in Singapore was 105.11 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Singapore?
- The highest recorded value was 105.11 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Singapore?
- The lowest recorded value was 468.06 million constant 2015 US$ in 1960.
- How does Singapore rank for gross fixed capital formation?
- Singapore ranks 29th out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Singapore?
- Over the last ten years it is up 25.4%. 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 fixed 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 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 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.