Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Singapore
Singapore: Gross Fixed Capital Formation — Value US$, annual growth rate (US) was 5.89 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Singapore, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Singapore recorded 5.89 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.
That represents a change of down 23.9% on the previous year and up 30.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Singapore peaked at 38.01 % change on previous year in 1980 and was at its lowest, -16.22 % change on previous year, in 1985.
That places Singapore 92nd out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 33.23 % change on previous year | — |
| 1972 | 33.78 % change on previous year | +1.7% |
| 1973 | 33.46 % change on previous year | -1.0% |
| 1974 | 34.57 % change on previous year | +3.3% |
| 1975 | 2.28 % change on previous year | -93.4% |
| 1976 | 5.12 % change on previous year | +124.3% |
| 1977 | 4.66 % change on previous year | -9.0% |
| 1978 | 25.65 % change on previous year | +450.0% |
| 1979 | 23.9 % change on previous year | -6.8% |
| 1980 | 38.01 % change on previous year | +59.0% |
| 1981 | 26.79 % change on previous year | -29.5% |
| 1982 | 20.18 % change on previous year | -24.7% |
| 1983 | 14.13 % change on previous year | -30.0% |
| 1984 | 8.89 % change on previous year | -37.1% |
| 1985 | -16.22 % change on previous year | -282.4% |
| 1986 | -12.92 % change on previous year | -20.4% |
| 1987 | 6.1 % change on previous year | -147.2% |
| 1988 | 14.92 % change on previous year | +144.6% |
| 1989 | 23.81 % change on previous year | +59.6% |
| 1990 | 23.88 % change on previous year | +0.3% |
| 1991 | 22.14 % change on previous year | -7.3% |
| 1992 | 21.77 % change on previous year | -1.7% |
| 1993 | 14.42 % change on previous year | -33.7% |
| 1994 | 17.07 % change on previous year | +18.4% |
| 1995 | 18.56 % change on previous year | +8.7% |
| 1996 | 25.16 % change on previous year | +35.5% |
| 1997 | 5.51 % change on previous year | -78.1% |
| 1998 | -15.31 % change on previous year | -377.9% |
| 1999 | -8.46 % change on previous year | -44.7% |
| 2000 | 4.11 % change on previous year | -148.5% |
| 2001 | -10.7 % change on previous year | -360.5% |
| 2002 | -10.74 % change on previous year | +0.4% |
| 2003 | -2.31 % change on previous year | -78.5% |
| 2004 | 15.5 % change on previous year | -770.9% |
| 2005 | 6.1 % change on previous year | -60.6% |
| 2006 | 15.78 % change on previous year | +158.6% |
| 2007 | 28.54 % change on previous year | +80.8% |
| 2008 | 22.82 % change on previous year | -20.0% |
| 2009 | 3.35 % change on previous year | -85.3% |
| 2010 | 9.52 % change on previous year | +184.0% |
| 2011 | 15.1 % change on previous year | +58.6% |
| 2012 | 10.5 % change on previous year | -30.5% |
| 2013 | 8.64 % change on previous year | -17.7% |
| 2014 | 4.52 % change on previous year | -47.6% |
| 2015 | -5.33 % change on previous year | -217.8% |
| 2016 | -1.1 % change on previous year | -79.3% |
| 2017 | 4.48 % change on previous year | -506.5% |
| 2018 | -2.53 % change on previous year | -156.4% |
| 2019 | 1.95 % change on previous year | -177.1% |
| 2020 | -15.03 % change on previous year | -871.2% |
| 2021 | 32.01 % change on previous year | -313.0% |
| 2022 | 6.94 % change on previous year | -78.3% |
| 2023 | 7.75 % change on previous year | +11.6% |
| 2024 | 5.89 % change on previous year | -23.9% |
Singapore compared with similar countries
- Singapore's 5.89 % change on previous year is above the median for high income countries, which is 3.8 % change on previous year, 1.6× the median. (73 countries reporting)
- Singapore's 5.89 % change on previous year is above the median for East Asia & Pacific, which is 4.31 % change on previous year, 1.4× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate (US) 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 |
|---|---|---|---|
| 2020 | -871.2% | 1.95 % change on previous year | -15.03 % change on previous year |
| 2004 | +770.9% | -2.31 % change on previous year | 15.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.85 % change on previous year | 2.28 % change on previous year | 34.57 % change on previous year | 9 |
| 1980s | 12.37 % change on previous year | -16.22 % change on previous year | 38.01 % change on previous year | 10 |
| 1990s | 12.47 % change on previous year | -15.31 % change on previous year | 25.16 % change on previous year | 10 |
| 2000s | 7.25 % change on previous year | -10.74 % change on previous year | 28.54 % change on previous year | 10 |
| 2010s | 4.58 % change on previous year | -5.33 % change on previous year | 15.1 % change on previous year | 10 |
| 2020s | 7.51 % change on previous year | -15.03 % change on previous year | 32.01 % change on previous year | 5 |
Countries ranked near Singapore
- 89 China, mainland 5.95 % change on previous year compare
- 90 Tonga 5.95 % change on previous year compare
- 91 Eswatini 5.93 % change on previous year compare
- 93 Cambodia 5.82 % change on previous year compare
- 94 Bahrain 5.77 % change on previous year compare
- 95 United Arab Emirates 5.77 % change on previous year compare
More economy & growth data for Singapore
- Real gdp growth, annual growth rate -6.01 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Singapore?
- Gross fixed capital formation — value us$, annual growth rate in Singapore was 5.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Singapore?
- The highest recorded value was 38.01 % change on previous year in 1980.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Singapore?
- The lowest recorded value was -16.22 % change on previous year in 1985.
- How does Singapore rank for gross fixed capital formation — value us$, annual growth rate?
- Singapore ranks 92nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Singapore?
- Over the last ten years it is up 30.2%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.