In 2022, the gross capital formation in Singapore was around 21 percent of the gross domestic product. Since 2014, Singapore's gross capital formation as share of its GDP has decreased.
Gross capital formation as share of GDP in Singapore from 2014 to 2022
According to The World Bank, 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."
Figures are in current U.S. dollars.
Figures have been rounded.
Source does not provide a release date. Date reflected here is the date of access.
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World Bank. (February 19, 2024). Gross capital formation as share of GDP in Singapore from 2014 to 2022 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/793992/gross-capital-formation-growth-singapore/
World Bank. "Gross capital formation as share of GDP in Singapore from 2014 to 2022." Chart. February 19, 2024. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/793992/gross-capital-formation-growth-singapore/
World Bank. (2024). Gross capital formation as share of GDP in Singapore from 2014 to 2022. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/793992/gross-capital-formation-growth-singapore/
World Bank. "Gross Capital Formation as Share of Gdp in Singapore from 2014 to 2022." Statista, Statista Inc., 19 Feb 2024, https://www.statista.com/statistics/793992/gross-capital-formation-growth-singapore/
World Bank, Gross capital formation as share of GDP in Singapore from 2014 to 2022 Statista, https://www.statista.com/statistics/793992/gross-capital-formation-growth-singapore/ (last visited November 04, 2024)
Gross capital formation as share of GDP in Singapore from 2014 to 2022 [Graph], World Bank, February 19, 2024. [Online]. Available: https://www.statista.com/statistics/793992/gross-capital-formation-growth-singapore/