Gross capital formation rose 13.2% to USD 121,521 bil in Singapore in 2024, according to the National Statistical Office.
Historically, gross capital formation in Singapore reached an all time high of USD 121,521 bil in 2024 and an all time low of USD 79.9 bil in 1960. When compared to Singapore's main peers, gross capital formation in Indonesia amounted to USD 438,387 bil, USD 92,212 bil in Malaysia, USD 109,332 bil in Philippines and USD 113,559 bil in Thailand in 2024.
Singapore has been ranked 24th within the group of 126 countries we follow in terms of gross capital formation, 7 places above the position seen 10 years ago.
| Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Australia | USD bil | 351,904 | 325,776 | 297,933 | 357,072 | 401,886 | ||||||||||||||||
| Cambodia | USD bil | 10,189 | 11,517 | 10,916 | 11,176 | 13,836 | ||||||||||||||||
| China | USD bil | 6,127,939 | 6,212,756 | 6,384,329 | 7,768,897 | 7,758,145 | ... | |||||||||||||||
| Indonesia | USD bil | 360,319 | 378,034 | 342,534 | 373,144 | 392,371 | ||||||||||||||||
| Laos | USD bil | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Malaysia | USD bil | 85,741 | 76,863 | 66,337 | 82,703 | 96,236 | ||||||||||||||||
| Myanmar | USD bil | ... | ... | ... | ... | 21,612 | 21,050 | 23,687 | 20,063 | ... | ... | ... | ||||||||||
| Philippines | USD bil | 94,170 | 99,488 | 63,065 | 83,313 | 99,818 | ||||||||||||||||
| Singapore | USD bil | 93,432 | 92,165 | 79,629 | 104,866 | 113,073 | ||||||||||||||||
| Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Thailand | USD bil | 127,801 | 129,547 | 118,887 | 145,121 | 138,079 | ||||||||||||||||
| Vietnam | USD bil | 99,295 | 106,930 | 110,625 | 120,554 | 133,710 | ... |
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