Investment (gross fixed) (%)

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Country20042005200620072008200920102011
Singapore27.421.821.824.928.528.727.223.4

Definition of Investment (gross fixed): This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2011