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Singapore - Gross capital formation in constant LCU prices of 2010

49,122,661,149 (LCU) in 2017

In 2017, real gross capital formation for Singapore was 49,122 million LCU. Between 1998 and 2017, real gross capital formation of Singapore grew substantially from 13,772 million to 49,122 million LCU rising at an increasing annual rate that reached a maximum of 27.53 % in 2000 and then decreased to 6.15 % in 2017.

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What is real 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 real gross capital formation?

Date Value Change, %
2017 49,122,661,149 6.15 %
2016 46,274,500,000 6.64 %
2015 43,394,600,000 11.25 %
2014 39,006,000,000 2.63 %
2013 38,005,800,000 14.61 %
2012 33,161,100,000 -0.73 %
2011 33,405,000,000 1.73 %
2010 32,838,000,000 14.06 %
2009 28,791,100,000 0.36 %
2008 28,689,200,000 11.20 %
2007 25,799,800,000 6.68 %
2006 24,184,500,000