Singapore economy expands 5.7% in Q4 2025, full-year growth at 4.8%

Manufacturing-led rebound lifted quarterly growth, whilst services expanded steadily.

Singapore’s economy expanded in Q4 as its gross domestic product grew by 5.7% year on year (YoY), up from 4.3% in the previous quarter, according to advance estimates released by the Ministry of Trade and Industry (MTI).

On a seasonally adjusted quarter-on-quarter (QoQ) basis, GDP rose 1.9%, easing from 2.4% growth in Q3. For the full year, the economy expanded 4.8%, extending the 4.4% growth recorded in 2024.

Goods-producing industries led the expansion, growing 12.3% YoY, driven by a 15.0% increase in manufacturing output. MTI attributed the rise to higher production in the biomedical manufacturing and electronics clusters, supported by pharmaceuticals output and sustained demand for AI-related semiconductors and servers.

Construction output increased 4.2% YoY but contracted 0.4% on a QoQ basis. Services-producing industries grew 3.8%, with wholesale and retail trade, transportation and storage expanding 3.9%, whilst the information and communications, finance and insurance, and professional services cluster rose 4.2%.

Other services, including accommodation and food services and real estate, grew 3.2%, slowing from the previous quarter.

MTI said it will release preliminary GDP estimates for the fourth quarter and full year, including detailed breakdowns of growth and productivity, in the Economic Survey of Singapore in February 2026.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia