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Singapore GDP
Singapore economy
MOF estimates government spending to exceed 20% of Singapore's GDP by FY2030 due mainly to healthcare expenditures
Other reasons attributed to the higher expenses include the uplifting lower-wage workers and improving early childhood education.
February 08, 2023
Singapore economy
GDP growth momentum 'likely' to moderate below 2% y-o-y handle in 1Q2023: analysts
Analysts have kept their 2023 GDP estimates unchanged even if they are expecting Singapore's 2023 GDP growth momentum to moderate.
January 05, 2023
Singapore economy
Singapore's GDP growth expected to come in 'around 3.5%' in 2022: MTI
At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.
November 23, 2022
Global Economy
Briefs: Singapore's GDP expected to grow 3.8% in 2022; Grab launches GrabMaps; Singapore unveils Green Bond Framework
"It might seem now that we’re jumping from a hot pandemic, to a hot war, hot prices and a hotter planet."
June 10, 2022
Singapore economy
Singapore's GDP expected to grow by 3.8% in 2022: MAS survey
The estimate is down 0.2 percentage points from the 4.0% previously estimated in March, but still within MTI's 3.0% to 5.0% range.
June 08, 2022
Global Economy
Briefs: Oil’s wild week continues as prices recover after huge slump
In other news, here are six things to know about South Korea's new president.
March 10, 2022
Singapore economy
Analysts positively surprised as Singapore’s 4Q21 GDP advance estimates beat expectations
Singapore’s 4Q21 GDP expanded 5.9%, beating market estimates of 5.1%.
January 03, 2022
Singapore economy
Singapore's GDP up by 5.9% in 4Q, 7.2% for 2021: MTI advance estimates
For the whole of 2021, the economy grew by 7.2% rebounding from the 5.4% contraction in 2020.
January 03, 2022
Singapore economy
Singapore’s GDP up by 7.1% in 3Q21, full-year GDP growth expected at around 7%
MTI has narrowed its GDP growth forecast for 2021 from between 6% to 7% to “around 7%”.
November 24, 2021
Singapore economy
Singapore's GDP up by 6.5% in 3Q2021: MTI advance estimates
The expansion was led by growth in the construction sector.
October 14, 2021