Singapore - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Singapore was 102,010,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 122,112,000,000 in 2017 and a minimum value of 643,500,000 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 constant local currency.

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

Year Value
1960 643,500,000
1961 927,000,000
1962 1,106,100,000
1963 1,366,400,000
1964 1,657,100,000
1965 1,867,300,000
1966 1,925,400,000
1967 2,196,000,000
1968 2,913,100,000
1969 3,758,000,000
1970 5,007,200,000
1971 6,229,400,000
1972 7,148,300,000
1973 7,634,900,000
1974 8,455,700,000
1975 8,425,100,000
1976 8,861,600,000
1977 8,984,900,000
1978 10,144,600,000
1979 11,504,600,000
1980 13,882,100,000
1981 16,116,400,000
1982 19,506,000,000
1983 21,655,000,000
1984 23,776,700,000
1985 20,989,400,000
1986 18,407,200,000
1987 18,516,200,000
1988 19,572,400,000
1989 22,671,000,000
1990 25,224,000,000
1991 28,577,100,000
1992 31,993,900,000
1993 35,122,200,000
1994 38,600,300,000
1995 43,332,000,000
1996 53,781,200,000
1997 59,457,100,000
1998 56,471,200,000
1999 53,928,400,000
2000 60,084,200,000
2001 56,955,500,000
2002 51,741,800,000
2003 49,073,800,000
2004 54,125,500,000
2005 56,095,600,000
2006 61,390,000,000
2007 70,908,400,000
2008 78,535,200,000
2009 82,844,400,000
2010 88,436,800,000
2011 94,066,200,000
2012 102,184,000,000
2013 108,477,000,000
2014 113,055,000,000
2015 115,271,000,000
2016 115,854,000,000
2017 122,112,000,000
2018 116,819,000,000
2019 118,191,000,000
2020 102,010,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts