Gross Fixed Capital … Deflator Standard Local Currency in Singapore
Singapore: Gross Fixed Capital … Deflator Standard Local Currency was 118.86 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Singapore, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Singapore recorded 118.86 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 19.7% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Singapore peaked at 118.86 SLC in 2024 and was at its lowest, 37.72 SLC, in 1970.
That places Singapore 159th out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital … Deflator Standard Local Currency in Singapore, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 37.72 SLC | — |
| 1971 | 40.25 SLC | +6.7% |
| 1972 | 43.26 SLC | +7.5% |
| 1973 | 47.23 SLC | +9.2% |
| 1974 | 56.92 SLC | +20.5% |
| 1975 | 56.86 SLC | -0.1% |
| 1976 | 59.21 SLC | +4.1% |
| 1977 | 60.34 SLC | +1.9% |
| 1978 | 62.6 SLC | +3.7% |
| 1979 | 65.4 SLC | +4.5% |
| 1980 | 73.65 SLC | +12.6% |
| 1981 | 79.36 SLC | +7.8% |
| 1982 | 79.82 SLC | +0.6% |
| 1983 | 81.03 SLC | +1.5% |
| 1984 | 81.12 SLC | +0.1% |
| 1985 | 79.41 SLC | -2.1% |
| 1986 | 78.04 SLC | -1.7% |
| 1987 | 79.61 SLC | +2.0% |
| 1988 | 82.71 SLC | +3.9% |
| 1989 | 85.67 SLC | +3.6% |
| 1990 | 88.65 SLC | +3.5% |
| 1991 | 91.1 SLC | +2.8% |
| 1992 | 93.43 SLC | +2.6% |
| 1993 | 96.59 SLC | +3.4% |
| 1994 | 97.26 SLC | +0.7% |
| 1995 | 95.32 SLC | -2.0% |
| 1996 | 95.62 SLC | +0.3% |
| 1997 | 96.1 SLC | +0.5% |
| 1998 | 96.59 SLC | +0.5% |
| 1999 | 93.76 SLC | -2.9% |
| 2000 | 89.11 SLC | -5.0% |
| 2001 | 87.25 SLC | -2.1% |
| 2002 | 85.67 SLC | -1.8% |
| 2003 | 85.85 SLC | +0.2% |
| 2004 | 87.23 SLC | +1.6% |
| 2005 | 87.93 SLC | +0.8% |
| 2006 | 88.81 SLC | +1.0% |
| 2007 | 93.74 SLC | +5.6% |
| 2008 | 97.59 SLC | +4.1% |
| 2009 | 98.3 SLC | +0.7% |
| 2010 | 94.54 SLC | -3.8% |
| 2011 | 94.37 SLC | -0.2% |
| 2012 | 95.38 SLC | +1.1% |
| 2013 | 97.74 SLC | +2.5% |
| 2014 | 99.26 SLC | +1.6% |
| 2015 | 100 SLC | +0.7% |
| 2016 | 98.86 SLC | -1.1% |
| 2017 | 98.22 SLC | -0.6% |
| 2018 | 98.38 SLC | +0.2% |
| 2019 | 99.01 SLC | +0.6% |
| 2020 | 99.12 SLC | +0.1% |
| 2021 | 103.1 SLC | +4.0% |
| 2022 | 110.4 SLC | +7.1% |
| 2023 | 116.11 SLC | +5.2% |
| 2024 | 118.86 SLC | +2.4% |
Singapore compared with similar countries
- Singapore's 118.86 SLC is below the median for high income countries, which is 126.84 SLC, 94% of the median. (68 countries reporting)
- Singapore's 118.86 SLC is below the median for East Asia & Pacific, which is 123.7 SLC, 96% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.98 SLC | 37.72 SLC | 65.4 SLC | 10 |
| 1980s | 80.04 SLC | 73.65 SLC | 85.67 SLC | 10 |
| 1990s | 94.44 SLC | 88.65 SLC | 97.26 SLC | 10 |
| 2000s | 90.15 SLC | 85.67 SLC | 98.3 SLC | 10 |
| 2010s | 97.58 SLC | 94.37 SLC | 100 SLC | 10 |
| 2020s | 109.52 SLC | 99.12 SLC | 118.86 SLC | 5 |
Countries ranked near Singapore
More economy & growth data for Singapore
- Real gdp growth, annual growth rate -6.01 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Singapore?
- Gross fixed capital formation deflator — value standard local in Singapore was 118.86 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Singapore?
- The highest recorded value was 118.86 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Singapore?
- The lowest recorded value was 37.72 SLC in 1970.
- How does Singapore rank for gross fixed capital formation deflator — value standard local?
- Singapore ranks 159th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Singapore?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).