Share of Gross Capital Formation at Current Purchasing Power Parities for Singapore

CSHICPSGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.28

Year-over-Year Change

3.76%

Date Range

1/1/1960 - 1/1/2019

Summary

The Share of Gross Capital Formation at Current Purchasing Power Parities for Singapore measures the proportion of a country's total economic output that is devoted to investment in physical capital. This metric is crucial for understanding a nation's economic growth and development trajectory.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This indicator represents the percentage of Singapore's gross domestic product (GDP) that is invested in fixed assets such as machinery, equipment, and infrastructure. It is a key measure of a country's capital formation and can signal the level of investment in productive capacity.

Methodology

The data is calculated by the World Bank using national accounts statistics and purchasing power parity (PPP) exchange rates.

Historical Context

Policy analysts and economists use this metric to assess Singapore's economic competitiveness and long-term growth potential.

Key Facts

  • Singapore's share of gross capital formation was 23.4% in 2021.
  • This metric has fluctuated between 20-26% over the past decade.
  • High capital investment is a hallmark of Singapore's export-driven economy.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the proportion of Singapore's total economic output that is devoted to investment in physical capital, such as machinery, equipment, and infrastructure.

Q: Why is this trend relevant for users or analysts?

A: The share of gross capital formation is a key metric for understanding a country's economic growth and development potential, as high levels of investment in productive capacity can drive future productivity gains.

Q: How is this data collected or calculated?

A: The data is calculated by the World Bank using national accounts statistics and purchasing power parity (PPP) exchange rates.

Q: How is this trend used in economic policy?

A: Policy analysts and economists use this metric to assess Singapore's economic competitiveness and long-term growth potential, as it signals the level of investment in the country's productive capacity.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Share of Gross Capital Formation at Current Purchasing Power Parities for Singapore (CSHICPSGA156NRUG), retrieved from FRED.