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Singapore - Gross capital formation in % of GDP

111,129,034,048.0 (%) in 2017

In 2017, gross capital formation for Singapore was 111,129 million %. Gross capital formation of Singapore increased from 45,282 million % in 1998 to 111,129 million % in 2017 growing at an average annual rate of 6.31 %.

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What is gross capital formation?

Gross capital formation (also known as 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'. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

What is Singapore gross capital formation?

Date Value Change, %
2017 111,129,034,048.0 6.88 %
2016 103,974,500,000.0 -4.83 %
2015 109,246,700,000.0 -2.30 %
2014 111,818,600,000.0 -3.10 %
2013 115,396,300,000.0 6.87 %
2012 107,975,200,000.0 14.80 %
2011 94,056,700,000.0 3.33 %
2010 91,028,300,000.0 17.04 %
2009 77,773,500,000.0 -6.35 %
2008 83,046,700,000.0 32.17 %
2007 62,834,100,000.0 19.72 %
2006 52,483,700,000.0