According to the 21 economists and analysts who responded to the survey, the most likely outcome is for the Singapore economy to grow by 2.0% to 2.9% in 2023 with an average probability of 34.3%.
Singapore’s gross domestic product (GDP) is estimated to expand by 1.9% in 2023, according to the Monetary Authority of Singapore’s (MAS) March survey of professional forecasters.
The latest estimate stands slightly above the previous forecast of 1.8% in the previous survey in December 2022.
