Singapore GDP
Identity spending redefines Singapore’s fragmented retail market
Identity spending redefines Singapore’s fragmented retail market
Consumers are increasingly spending on who they are rather than what they need.
Singapore keeps 3.0% GDP outlook as exports jump 15.3% in March
RHB flags trade strength and MAS policy shift amidst energy-driven external risks.
MTI upgrades GDP forecast to 2% to 4% for 2026 amidst strong global economic growth
The city state's Q4 GDP growth of 6.9% and resilient global trade prompted the upward revision of 2026 targets.
CEO confidence index hits 80 as GDP growth forecast cools
Nearly 90% of local leaders remain upbeat about the economy over the next 12 months.
Economy undergoing 'structural' change, not slowdown: analyst
eToro’s Zavier Wong says services strength highlights the economy’s pivot from trade reliance.
UOB cuts Singapore 2025 growth forecast to 1.5%
Direct cash or voucher disbursements and employment support could cushion the impact.
Singapore GDP growth slows to 4.3% YoY in Q4
On a sequential basis, GDP also grew slower.
MTI raises Singapore’s 2024 economic growth forecast to around 3.5%
Its initial forecast was 1.0% to 3.0%.
Economist lowers Q2 2024 GDP growth forecast to 2.6% YoY
The forecast is lower than the government’s advance estimate of a 2.9% YoY growth.
Economists forecast upward revision in GDP estimates
Nomura expects MTI to raise its full-year forecast to 2%-3% from 1%-3%.
Electronics export growth insufficient to boost Singapore's Q2 2024 economy
In the broader SEA region, however, the situation will be different.
Economists uphold 2.4% full-year GDP growth for Singapore in Q2
Next year, they expect the economy to grow by 2.5%.
MTI maintains 1%-3% GDP 2024 growth forecast despite 1Q expansion
GDP grew 2.7% YoY in 1Q24.
Economy grows at a faster pace in 1Q24: advance estimates
It grew 2.7% YoY from 2.2% YoY in 4Q23.
Economy grows 1.1% in 2023; MTI retains 2024 growth forecast at 1.0%-3.0%
Economic growth moderated from 2022, when Singapore recorded a 3.8% YoY expansion.
Nomura sees manufacturing supporting 3% GDP growth this year
Inflation to remain sticky this year.
Singapore’s economic upswing unlikely to last: experts
In 2023, experts predict a GDP growth of 0.7% for Singapore.
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