However, Gan expects growth momentum to moderate to around 2.0% y-o-y in 4Q2025.
RHB Bank Singapore group chief economist Barnabas Gan has revised his full-year Singapore GDP forecast to 3.0% from 2.0%, reflecting stronger-than-expected growth in 3Q2025.
The Singapore economy grew 2.9% in 3Q2025, according to advanced estimates by the Ministry of Trade and Industry released on Oct 14.
