Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Singapore
Singapore: Gross Fixed Capital Formation — Value US$, 2015 prices was 96,347 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Singapore, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Singapore is 96,347 million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 17.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Singapore peaked at 96,347 million USD in 2024 and was at its lowest, 3,642 million USD, in 1970.
That places Singapore 39th out of 235 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Singapore, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 3,642 million USD | — |
| 1971 | 4,531 million USD | +24.4% |
| 1972 | 5,199 million USD | +14.8% |
| 1973 | 5,553 million USD | +6.8% |
| 1974 | 6,150 million USD | +10.8% |
| 1975 | 6,128 million USD | -0.4% |
| 1976 | 6,446 million USD | +5.2% |
| 1977 | 6,535 million USD | +1.4% |
| 1978 | 7,379 million USD | +12.9% |
| 1979 | 8,368 million USD | +13.4% |
| 1980 | 10,097 million USD | +20.7% |
| 1981 | 11,722 million USD | +16.1% |
| 1982 | 14,188 million USD | +21.0% |
| 1983 | 15,751 million USD | +11.0% |
| 1984 | 17,294 million USD | +9.8% |
| 1985 | 15,267 million USD | -11.7% |
| 1986 | 13,389 million USD | -12.3% |
| 1987 | 13,468 million USD | +0.6% |
| 1988 | 14,236 million USD | +5.7% |
| 1989 | 16,490 million USD | +15.8% |
| 1990 | 18,347 million USD | +11.3% |
| 1991 | 20,786 million USD | +13.3% |
| 1992 | 23,271 million USD | +12.0% |
| 1993 | 25,547 million USD | +9.8% |
| 1994 | 28,076 million USD | +9.9% |
| 1995 | 31,518 million USD | +12.3% |
| 1996 | 39,119 million USD | +24.1% |
| 1997 | 43,247 million USD | +10.6% |
| 1998 | 41,075 million USD | -5.0% |
| 1999 | 39,226 million USD | -4.5% |
| 2000 | 43,703 million USD | +11.4% |
| 2001 | 41,428 million USD | -5.2% |
| 2002 | 37,635 million USD | -9.2% |
| 2003 | 35,695 million USD | -5.2% |
| 2004 | 39,369 million USD | +10.3% |
| 2005 | 40,802 million USD | +3.6% |
| 2006 | 44,653 million USD | +9.4% |
| 2007 | 51,576 million USD | +15.5% |
| 2008 | 57,124 million USD | +10.8% |
| 2009 | 60,258 million USD | +5.5% |
| 2010 | 64,326 million USD | +6.8% |
| 2011 | 68,420 million USD | +6.4% |
| 2012 | 74,325 million USD | +8.6% |
| 2013 | 78,903 million USD | +6.2% |
| 2014 | 82,232 million USD | +4.2% |
| 2015 | 83,844 million USD | +2.0% |
| 2016 | 84,290 million USD | +0.5% |
| 2017 | 88,599 million USD | +5.1% |
| 2018 | 84,212 million USD | -5.0% |
| 2019 | 86,282 million USD | +2.5% |
| 2020 | 74,063 million USD | -14.2% |
| 2021 | 91,534 million USD | +23.6% |
| 2022 | 93,806 million USD | +2.5% |
| 2023 | 93,599 million USD | -0.2% |
| 2024 | 96,347 million USD | +2.9% |
Singapore compared with similar countries
- Singapore's 96,347 million USD is above the median for high income countries, which is 13,942 million USD, 6.9× the median. (73 countries reporting)
- Singapore's 96,347 million USD is above the median for East Asia & Pacific, which is 3,296 million USD, 29.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,993 million USD | 3,642 million USD | 8,368 million USD | 10 |
| 1980s | 14,190 million USD | 10,097 million USD | 17,294 million USD | 10 |
| 1990s | 31,021 million USD | 18,347 million USD | 43,247 million USD | 10 |
| 2000s | 45,224 million USD | 35,695 million USD | 60,258 million USD | 10 |
| 2010s | 79,543 million USD | 64,326 million USD | 88,599 million USD | 10 |
| 2020s | 89,870 million USD | 74,063 million USD | 96,347 million USD | 5 |
Countries ranked near Singapore
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Singapore?
- Gross fixed capital formation — value us$, 2015 prices in Singapore was 96,347 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Singapore?
- The highest recorded value was 96,347 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Singapore?
- The lowest recorded value was 3,642 million USD in 1970.
- How does Singapore rank for gross fixed capital formation — value us$, 2015 prices?
- Singapore ranks 39th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Singapore?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is volatile.
- 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 — Value US$, 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 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).