Gross capital formation as a share of GDP reached 27.5 % in 2019 in Singapore, according to the National Statistical Office. This is 1.31 % less than in the previous year.
Historically, gross capital formation as a share of GDP in Singapore reached an all time high of 27.8 % in 2018 and an all time low of 0.113 % in 1960. When compared to Singapore's main peers, gross capital formation as a share of GDP in Indonesia amounted to 33.6 %, 24.7 % in Malaysia, 28.5 % in Philippines and 24.1 % in Thailand in 2019.
Singapore has been ranked 43rd within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 3 places above the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.