Singapore - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Singapore was $76,905,270,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $93,946,180,000 in 2018 and $79,870,640 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $79,870,640
1961 $88,135,370
1962 $127,793,000
1963 $159,120,600
1964 $177,120,100
1965 $211,583,700
1966 $238,272,600
1967 $271,527,500
1968 $351,234,800
1969 $469,554,400
1970 $733,209,200
1971 $907,519,900
1972 $1,112,105,000
1973 $1,438,293,000
1974 $2,323,513,000
1975 $2,186,302,000
1976 $2,505,293,000
1977 $2,332,483,000
1978 $2,846,028,000
1979 $3,915,567,000
1980 $5,356,663,000
1981 $6,348,123,000
1982 $7,442,230,000
1983 $8,260,841,000
1984 $9,267,913,000
1985 $7,873,189,000
1986 $6,794,964,000
1987 $7,639,570,000
1988 $8,476,164,000
1989 $10,376,710,000
1990 $12,886,580,000
1991 $15,449,380,000
1992 $18,514,430,000
1993 $22,545,740,000
1994 $24,253,180,000
1995 $29,751,520,000
1996 $33,742,200,000
1997 $38,217,200,000
1998 $26,995,880,000
1999 $28,207,730,000
2000 $33,793,270,000
2001 $24,791,870,000
2002 $23,202,560,000
2003 $16,818,960,000
2004 $26,334,460,000
2005 $27,487,500,000
2006 $33,262,380,000
2007 $41,735,980,000
2008 $58,392,750,000
2009 $53,139,710,000
2010 $66,327,030,000
2011 $74,564,400,000
2012 $86,351,200,000
2013 $92,209,860,000
2014 $92,660,720,000
2015 $78,088,890,000
2016 $84,394,710,000
2017 $93,817,950,000
2018 $93,946,180,000
2019 $92,319,680,000
2020 $76,905,270,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Singapore was 106,106,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 129,553,000,000 in 2017 and a minimum value of 244,500,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 244,500,000
1961 269,800,000
1962 391,200,000
1963 487,100,000
1964 542,200,000
1965 647,700,000
1966 729,400,000
1967 831,200,000
1968 1,075,200,000
1969 1,437,400,000
1970 2,244,500,000
1971 2,778,100,000
1972 3,392,700,000
1973 4,045,200,000
1974 5,709,800,000
1975 5,327,800,000
1976 5,940,800,000
1977 5,763,100,000
1978 6,942,600,000
1979 8,903,999,000
1980 11,648,600,000
1981 13,592,600,000
1982 15,723,200,000
1983 17,678,200,000
1984 19,583,100,000
1985 16,794,300,000
1986 14,949,600,000
1987 16,634,400,000
1988 17,850,800,000
1989 20,882,100,000
1990 25,132,700,000
1991 26,688,800,000
1992 30,160,000,000
1993 36,429,400,000
1994 37,044,300,000
1995 42,169,800,000
1996 47,576,500,000
1997 56,744,900,000
1998 45,180,300,000
1999 47,812,100,000
2000 58,259,600,000
2001 44,419,600,000
2002 41,546,500,000
2003 29,302,000,000
2004 44,510,500,000
2005 45,750,200,000
2006 52,850,600,000
2007 62,900,300,000
2008 82,619,900,000
2009 77,291,700,000
2010 90,436,900,000
2011 93,787,100,000
2012 107,913,000,000
2013 115,382,000,000
2014 117,410,000,000
2015 107,357,000,000
2016 116,591,000,000
2017 129,553,000,000
2018 126,715,000,000
2019 125,943,000,000
2020 106,106,000,000

Gross capital formation (constant 2010 US$)

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 78,088,890,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Singapore was 22.62 as of 2020. Its highest value over the past 60 years was 46.93 in 1984, while its lowest value was 11.33 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 11.33
1961 11.53
1962 15.47
1963 17.34
1964 19.81
1965 21.71
1966 21.73
1967 21.93
1968 24.64
1969 28.29
1970 38.18
1971 40.09
1972 40.86
1973 38.91
1974 44.50
1975 38.81
1976 39.60
1977 35.24
1978 37.86
1979 42.12
1980 45.03
1981 44.78
1982 46.27
1983 46.45
1984 46.93
1985 41.10
1986 36.56
1987 36.52
1988 33.41
1989 34.06
1990 35.65
1991 33.98
1992 35.52
1993 37.20
1994 32.91
1995 33.88
1996 35.04
1997 38.17
1998 31.49
1999 32.69
2000 35.17
2001 27.61
2002 25.07
2003 17.22
2004 22.89
2005 21.51
2006 22.38
2007 23.07
2008 30.16
2009 27.37
2010 27.66
2011 26.69
2012 29.26
2013 29.98
2014 29.43
2015 25.35
2016 26.48
2017 27.33
2018 24.99
2019 24.66
2020 22.62

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts