According to the survey, the Singapore economy is most likely to grow by 3.0% to 4.9% in 2022, encompassing two ranges with a combined probability of 66.5%.
Singapore’s gross domestic product (GDP) is estimated to expand by 4.0% in 2022, according to market watchers in the Monetary Authority of Singapore’s (MAS) survey of professional forecasters.
The survey, which was released on March 9, polled a total of 26 economists and analysts, who sent in their responses after the hostilities in Ukraine on Feb 24.
