Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Singapore

Singapore: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 23.84 % in 2024. ▼ Falling

Latest (2024)
23.84 %
Change on year
down 1.4%
World rank
95th
of 203 countries
All-time high
36.63 %
in 1984
All-time low
22.02 %
in 2020
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Singapore, 1970–2024

010203040197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Singapore recorded 23.84 % for gross fixed capital formation — share of gdp us$, 2015 prices in 2024.

Compared with earlier readings it is down 1.4% on the previous year and down 13.3% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Singapore peaked at 36.63 % in 1984 and was at its lowest, 22.02 %, in 2020.

That places Singapore 95th out of 203 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Singapore, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Singapore, 1970 to 2024.
Year % Change
1970 25.09 %
1971 27.77 % +10.7%
1972 28.12 % +1.3%
1973 27.15 % -3.4%
1974 28.34 % +4.4%
1975 27.15 % -4.2%
1976 26.58 % -2.1%
1977 25.23 % -5.1%
1978 26.43 % +4.8%
1979 27.36 % +3.5%
1980 29.98 % +9.6%
1981 31.4 % +4.8%
1982 35.49 % +13.0%
1983 36.29 % +2.3%
1984 36.63 % +0.9%
1985 32.54 % -11.2%
1986 28.16 % -13.5%
1987 25.56 % -9.2%
1988 24.29 % -5.0%
1989 25.54 % +5.1%
1990 25.87 % +1.3%
1991 27.47 % +6.2%
1992 28.84 % +5.0%
1993 28.41 % -1.5%
1994 28.1 % -1.1%
1995 29.44 % +4.7%
1996 33.99 % +15.5%
1997 34.7 % +2.1%
1998 33.69 % -2.9%
1999 30.43 % -9.7%
2000 31.1 % +2.2%
2001 29.8 % -4.2%
2002 26.05 % -12.6%
2003 23.63 % -9.3%
2004 23.71 % +0.3%
2005 22.88 % -3.5%
2006 22.97 % +0.4%
2007 24.34 % +5.9%
2008 26.47 % +8.7%
2009 27.88 % +5.4%
2010 25.99 % -6.8%
2011 26.03 % +0.1%
2012 27.07 % +4.0%
2013 27.42 % +1.3%
2014 27.49 % +0.3%
2015 27.22 % -1.0%
2016 26.42 % -3.0%
2017 26.57 % +0.6%
2018 24.4 % -8.2%
2019 24.66 % +1.1%
2020 22.02 % -10.7%
2021 24.81 % +12.7%
2022 24.49 % -1.3%
2023 24.18 % -1.3%
2024 23.84 % -1.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 26.92 % 25.09 % 28.34 % 10
1980s 30.59 % 24.29 % 36.63 % 10
1990s 30.1 % 25.87 % 34.7 % 10
2000s 25.88 % 22.88 % 31.1 % 10
2010s 26.33 % 24.4 % 27.49 % 10
2020s 23.87 % 22.02 % 24.81 % 5

Countries ranked near Singapore

  1. 92 Armenia 23.98 % compare
  2. 93 British Virgin Islands 23.86 % compare
  3. 94 Sweden 23.84 % compare
  4. 96 Austria 23.83 % compare
  5. 97 Mexico 23.74 % compare
  6. 98 Philippines 23.67 % compare

See the full ranking of 251 places →

More economy & growth data for Singapore

All data for Singapore →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$, 2015 prices in Singapore?
Gross fixed capital formation — share of gdp us$, 2015 prices in Singapore was 23.84 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Singapore?
The highest recorded value was 36.63 % in 1984.
What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Singapore?
The lowest recorded value was 22.02 % in 2020.
How does Singapore rank for gross fixed capital formation — share of gdp us$, 2015 prices?
Singapore ranks 95th out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Singapore?
Over the last ten years it is down 13.3%. The long-run trend across the full record is falling.
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 — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us-2015-prices/singapore/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).