Gross Fixed Capital Formation — Value Standard Local Currency, annual in Singapore
Singapore: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 5.38 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Singapore, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in Singapore stood at 5.38 % change on previous year.
That represents a change of up 8.8% on the previous year and down 8.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Singapore peaked at 35.89 % change on previous year in 1980 and was at its lowest, -14.06 % change on previous year, in 2020.
Singapore ranks 126th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 32.77 % change on previous year | — |
| 1972 | 23.34 % change on previous year | -28.8% |
| 1973 | 16.61 % change on previous year | -28.8% |
| 1974 | 33.45 % change on previous year | +101.4% |
| 1975 | -0.4675 % change on previous year | -101.4% |
| 1976 | 9.54 % change on previous year | -2139.8% |
| 1977 | 3.33 % change on previous year | -65.1% |
| 1978 | 17.13 % change on previous year | +414.1% |
| 1979 | 18.48 % change on previous year | +7.9% |
| 1980 | 35.89 % change on previous year | +94.2% |
| 1981 | 25.1 % change on previous year | -30.1% |
| 1982 | 21.73 % change on previous year | -13.4% |
| 1983 | 12.69 % change on previous year | -41.6% |
| 1984 | 9.92 % change on previous year | -21.8% |
| 1985 | -13.58 % change on previous year | -236.9% |
| 1986 | -13.82 % change on previous year | +1.7% |
| 1987 | 2.62 % change on previous year | -118.9% |
| 1988 | 9.81 % change on previous year | +274.8% |
| 1989 | 19.99 % change on previous year | +103.7% |
| 1990 | 15.13 % change on previous year | -24.3% |
| 1991 | 16.42 % change on previous year | +8.5% |
| 1992 | 14.82 % change on previous year | -9.7% |
| 1993 | 13.5 % change on previous year | -8.9% |
| 1994 | 10.67 % change on previous year | -20.9% |
| 1995 | 10.02 % change on previous year | -6.1% |
| 1996 | 24.51 % change on previous year | +144.7% |
| 1997 | 11.1 % change on previous year | -54.7% |
| 1998 | -4.54 % change on previous year | -140.9% |
| 1999 | -7.3 % change on previous year | +60.8% |
| 2000 | 5.89 % change on previous year | -180.7% |
| 2001 | -7.19 % change on previous year | -222.1% |
| 2002 | -10.8 % change on previous year | +50.2% |
| 2003 | -4.95 % change on previous year | -54.2% |
| 2004 | 12.06 % change on previous year | -343.5% |
| 2005 | 4.48 % change on previous year | -62.8% |
| 2006 | 10.53 % change on previous year | +135.1% |
| 2007 | 21.92 % change on previous year | +108.1% |
| 2008 | 15.31 % change on previous year | -30.2% |
| 2009 | 6.25 % change on previous year | -59.2% |
| 2010 | 2.67 % change on previous year | -57.3% |
| 2011 | 6.18 % change on previous year | +131.6% |
| 2012 | 9.79 % change on previous year | +58.5% |
| 2013 | 8.78 % change on previous year | -10.3% |
| 2014 | 5.84 % change on previous year | -33.5% |
| 2015 | 2.72 % change on previous year | -53.4% |
| 2016 | -0.6185 % change on previous year | -122.7% |
| 2017 | 4.43 % change on previous year | -816.9% |
| 2018 | -4.79 % change on previous year | -208.1% |
| 2019 | 3.11 % change on previous year | -164.8% |
| 2020 | -14.06 % change on previous year | -552.6% |
| 2021 | 28.54 % change on previous year | -303.0% |
| 2022 | 9.74 % change on previous year | -65.9% |
| 2023 | 4.94 % change on previous year | -49.3% |
| 2024 | 5.38 % change on previous year | +8.8% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +2139.8% | -0.4675 % change on previous year | 9.54 % change on previous year |
| 2017 | +816.9% | -0.6185 % change on previous year | 4.43 % change on previous year |
| 2020 | -552.6% | 3.11 % change on previous year | -14.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.13 % change on previous year | -0.4675 % change on previous year | 33.45 % change on previous year | 9 |
| 1980s | 11.04 % change on previous year | -13.82 % change on previous year | 35.89 % change on previous year | 10 |
| 1990s | 10.43 % change on previous year | -7.3 % change on previous year | 24.51 % change on previous year | 10 |
| 2000s | 5.35 % change on previous year | -10.8 % change on previous year | 21.92 % change on previous year | 10 |
| 2010s | 3.81 % change on previous year | -4.79 % change on previous year | 9.79 % change on previous year | 10 |
| 2020s | 6.91 % change on previous year | -14.06 % change on previous year | 28.54 % change on previous year | 5 |
Countries ranked near Singapore
- 123 Bolivia (Plurinational State of) 5.52 % change on previous year compare
- 124 Qatar 5.48 % change on previous year compare
- 125 Bermuda 5.46 % change on previous year compare
- 127 Lebanon 5.35 % change on previous year compare
- 128 Nauru 5.34 % change on previous year compare
- 128 Nauru 5.34 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 94.20 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.156 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 15,415 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 159.09 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 17.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2634 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26,032 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 12.55 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Singapore?
- Gross fixed capital formation — value standard local currency, annual in Singapore was 5.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Singapore?
- The highest recorded value was 35.89 % change on previous year in 1980.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Singapore?
- The lowest recorded value was -14.06 % change on previous year in 2020.
- How does Singapore rank for gross fixed capital formation — value standard local currency, annual?
- Singapore ranks 126th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Singapore?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.