In 2022, gross fixed capital formation growth for Singapore was 1.6 %. Though Singapore gross fixed capital formation growth fluctuated substantially in recent years, it tended to decrease through 1973 - 2022 period ending at 1.6 % in 2022.
The description is composed by our digital data assistant.Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.