Gross fixed capital formation in Singapore
Singapore: Gross fixed capital formation was 22.1% in 2025. ▼ Falling
Gross fixed capital formation in Singapore, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Singapore recorded 22.1% for gross fixed capital formation in 2025.
That represents a change of up 5.0% on the previous year and down 18.9% over ten years.
Over the whole period, gross fixed capital formation in Singapore peaked at 46.2% in 1984 and was at its lowest, 9.5%, in 1960.
Singapore ranks 93rd of 181 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 fixed capital formation in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 9.5% | — |
| 1961 | 12.7% | +33.7% |
| 1962 | 14.2% | +11.9% |
| 1963 | 15.9% | +11.7% |
| 1964 | 20.0% | +25.9% |
| 1965 | 20.9% | +4.8% |
| 1966 | 19.5% | -6.8% |
| 1967 | 19.5% | -0.3% |
| 1968 | 22.8% | +17.3% |
| 1969 | 26.1% | +14.2% |
| 1970 | 32.1% | +23.1% |
| 1971 | 36.2% | +12.6% |
| 1972 | 37.2% | +3.0% |
| 1973 | 34.7% | -6.9% |
| 1974 | 37.5% | +8.1% |
| 1975 | 34.9% | -7.0% |
| 1976 | 35.0% | +0.2% |
| 1977 | 33.2% | -5.2% |
| 1978 | 34.6% | +4.5% |
| 1979 | 35.6% | +2.8% |
| 1980 | 39.5% | +11.1% |
| 1981 | 42.1% | +6.6% |
| 1982 | 45.8% | +8.7% |
| 1983 | 46.1% | +0.6% |
| 1984 | 46.2% | +0.3% |
| 1985 | 40.8% | -11.7% |
| 1986 | 35.1% | -13.9% |
| 1987 | 32.4% | -7.9% |
| 1988 | 30.3% | -6.4% |
| 1989 | 31.7% | +4.6% |
| 1990 | 31.7% | +0.1% |
| 1991 | 33.1% | +4.5% |
| 1992 | 35.2% | +6.2% |
| 1993 | 34.6% | -1.6% |
| 1994 | 33.4% | -3.7% |
| 1995 | 33.2% | -0.5% |
| 1996 | 37.9% | +14.1% |
| 1997 | 38.4% | +1.5% |
| 1998 | 38.0% | -1.1% |
| 1999 | 34.6% | -9.1% |
| 2000 | 32.3% | -6.5% |
| 2001 | 30.9% | -4.5% |
| 2002 | 26.8% | -13.4% |
| 2003 | 24.8% | -7.4% |
| 2004 | 24.3% | -2.0% |
| 2005 | 23.2% | -4.5% |
| 2006 | 23.1% | -0.4% |
| 2007 | 24.4% | +5.6% |
| 2008 | 28.0% | +14.8% |
| 2009 | 28.8% | +3.1% |
| 2010 | 25.6% | -11.3% |
| 2011 | 25.3% | -1.2% |
| 2012 | 26.4% | +4.6% |
| 2013 | 27.5% | +4.2% |
| 2014 | 28.1% | +2.1% |
| 2015 | 27.2% | -3.2% |
| 2016 | 25.9% | -4.9% |
| 2017 | 25.1% | -2.9% |
| 2018 | 22.4% | -11.0% |
| 2019 | 22.8% | +2.0% |
| 2020 | 21.0% | -7.9% |
| 2021 | 22.1% | +5.1% |
| 2022 | 20.3% | -7.9% |
| 2023 | 21.9% | +7.5% |
| 2024 | 21.0% | -3.8% |
| 2025 | 22.1% | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.1% | 9.5% | 26.1% | 10 |
| 1970s | 35.1% | 32.1% | 37.5% | 10 |
| 1980s | 39.0% | 30.3% | 46.2% | 10 |
| 1990s | 35.0% | 31.7% | 38.4% | 10 |
| 2000s | 26.6% | 23.1% | 32.3% | 10 |
| 2010s | 25.6% | 22.4% | 28.1% | 10 |
| 2020s | 21.4% | 20.3% | 22.1% | 6 |
Countries ranked near Singapore
- 90 Guinea-Bissau 22.3% compare
- 91 Ireland 22.2% compare
- 92 New Caledonia 22.1% compare
- 94 Republic of Moldova 22.0% compare
- 95 France 22.0% compare
- 96 Hungary 21.9% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1743 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 17,223 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.2279 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 22,518 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1506 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 14,884 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 20,462 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.41 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Singapore?
- Gross fixed capital formation in Singapore was 22.1% 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 46.2% in 1984.
- What is the lowest gross fixed capital formation recorded in Singapore?
- The lowest recorded value was 9.5% in 1960.
- How does Singapore rank for gross fixed capital formation?
- Singapore ranks 93rd out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Singapore?
- Over the last ten years it is down 18.9%. 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 fixed capital formation (% of GDP). 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 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.