Singapore - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Singapore was 100,742,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 119,889,000,000 in 2017 and a minimum value of 204,900,000 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 204,900,000
1961 297,300,000
1962 359,500,000
1963 446,100,000
1964 547,100,000
1965 625,000,000
1966 655,300,000
1967 738,000,000
1968 996,800,000
1969 1,325,700,000
1970 1,888,500,000
1971 2,507,400,000
1972 3,092,600,000
1973 3,606,300,000
1974 4,812,600,000
1975 4,790,100,000
1976 5,246,900,000
1977 5,421,700,000
1978 6,350,300,000
1979 7,523,700,000
1980 10,224,100,000
1981 12,790,300,000
1982 15,570,100,000
1983 17,546,600,000
1984 19,288,000,000
1985 16,667,900,000
1986 14,365,000,000
1987 14,741,100,000
1988 16,187,600,000
1989 19,423,000,000
1990 22,361,700,000
1991 26,032,800,000
1992 29,890,600,000
1993 33,924,600,000
1994 37,544,000,000
1995 41,304,600,000
1996 51,427,500,000
1997 57,136,500,000
1998 54,544,300,000
1999 50,564,700,000
2000 53,542,900,000
2001 49,692,800,000
2002 44,326,600,000
2003 42,131,900,000
2004 47,211,100,000
2005 49,326,200,000
2006 54,521,300,000
2007 66,471,900,000
2008 76,645,900,000
2009 81,435,400,000
2010 83,607,900,000
2011 88,772,800,000
2012 97,466,000,000
2013 106,025,000,000
2014 112,217,000,000
2015 115,271,000,000
2016 114,670,000,000
2017 119,889,000,000
2018 114,820,000,000
2019 117,487,000,000
2020 100,742,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts