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

Singapore: Gross Fixed Capital Formation — Share of GDP US$ was 21.7 % in 2024. ▼ Falling

Latest (2024)
21.7 %
Change on year
down 2.2%
World rank
111th
of 203 countries
All-time high
46.22 %
in 1984
All-time low
20.72 %
in 2022
Years of data
55
1970–2024

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

01020304050197019972024

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

Analysis

Singapore recorded 21.7 % for gross fixed capital formation — share of gdp us$ in 2024.

That represents a change of down 2.2% on the previous year and down 22.9% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$ in Singapore peaked at 46.22 % in 1984 and was at its lowest, 20.72 %, in 2022.

Singapore ranks 111th of 203 countries on this measure, 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$ in Singapore, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$ in Singapore, 1970 to 2024.
Year % Change
1970 32.12 %
1971 36.18 % +12.6%
1972 37.25 % +3.0%
1973 34.69 % -6.9%
1974 37.51 % +8.1%
1975 34.89 % -7.0%
1976 34.97 % +0.2%
1977 33.15 % -5.2%
1978 34.63 % +4.5%
1979 35.59 % +2.8%
1980 39.52 % +11.1%
1981 42.14 % +6.6%
1982 45.82 % +8.7%
1983 46.1 % +0.6%
1984 46.22 % +0.3%
1985 40.79 % -11.7%
1986 35.13 % -13.9%
1987 32.36 % -7.9%
1988 30.3 % -6.4%
1989 31.68 % +4.6%
1990 31.72 % +0.1%
1991 33.14 % +4.5%
1992 35.2 % +6.2%
1993 34.64 % -1.6%
1994 33.36 % -3.7%
1995 33.19 % -0.5%
1996 37.88 % +14.1%
1997 38.43 % +1.5%
1998 38.02 % -1.1%
1999 34.57 % -9.1%
2000 32.33 % -6.5%
2001 30.89 % -4.5%
2002 26.75 % -13.4%
2003 24.77 % -7.4%
2004 24.28 % -2.0%
2005 23.19 % -4.5%
2006 23.09 % -0.4%
2007 24.38 % +5.6%
2008 27.98 % +14.8%
2009 28.84 % +3.1%
2010 25.57 % -11.3%
2011 25.26 % -1.2%
2012 26.43 % +4.6%
2013 27.55 % +4.2%
2014 28.13 % +2.1%
2015 27.22 % -3.2%
2016 25.99 % -4.5%
2017 25.24 % -2.9%
2018 22.41 % -11.2%
2019 22.84 % +1.9%
2020 20.93 % -8.4%
2021 22.25 % +6.3%
2022 20.72 % -6.9%
2023 22.19 % +7.1%
2024 21.7 % -2.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 35.1 % 32.12 % 37.51 % 10
1980s 39.01 % 30.3 % 46.22 % 10
1990s 35.02 % 31.72 % 38.43 % 10
2000s 26.65 % 23.09 % 32.33 % 10
2010s 25.66 % 22.41 % 28.13 % 10
2020s 21.56 % 20.72 % 22.25 % 5

Countries ranked near Singapore

  1. 108 El Salvador 22.25 % compare
  2. 109 Italy 22.09 % compare
  3. 110 Georgia 22.06 % compare
  4. 112 Sao Tome and Principe 21.68 % compare
  5. 113 Slovakia 21.62 % compare
  6. 114 Armenia 21.57 % 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$ in Singapore?
Gross fixed capital formation — share of gdp us$ in Singapore was 21.7 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$ recorded in Singapore?
The highest recorded value was 46.22 % in 1984.
What is the lowest gross fixed capital formation — share of gdp us$ recorded in Singapore?
The lowest recorded value was 20.72 % in 2022.
How does Singapore rank for gross fixed capital formation — share of gdp us$?
Singapore ranks 111th out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$ rising or falling in Singapore?
Over the last ten years it is down 22.9%. 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$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$ in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us/singapore/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$
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).