News

Economy

Staff Reporter

, Singapore

Published:

1 year ago

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Singapore GDP growth to ease in 2025: Moody’s

The GDP is expected to remain within the 10-year average.

Singapore’s gross domestic product (GDP) growth is expected to ease in 2025 compared to 2024, Moody's reported.

According to Moody’s, whilst the GDP growth will ease in 2025, it will remain near the average GDP growth rate recorded for the past 10 years.

Moody’s also expects growth in APAC to be stronger than most other regions.

“We would change the outlook to negative if growth slowed significantly or fiscal positions did not improve. Materialising geopolitical risks, including a sharp rise in trade tensions, could trigger a negative outlook. Stronger economic prospects or greater narrowing of deficits and lower debt could change the outlook to positive. Durable easing of geopolitical tensions would also be positive,” Moody’s said.

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