According to the 26 economists and analysts who responded to the survey, the most likely outcome is for the Singapore economy to grow by 1.0% to 1.9% in 2023 with an average probability of 45.5%.
Singapore’s gross domestic product (GDP) is estimated to expand by 1.4% in 2023, according to the Monetary Authority of Singapore’s (MAS) June survey of professional forecasters.
The latest estimate stands lower than the previous forecast of 1.9% in the previous survey earlier this year in March.
