Singapore GDP

Singapore has done better than most countries during the pandemic and yet, there seems to be a measure of angst in society.

Singapore’s GDP grew 14.3% y-o-y in the 1Q21, compared to consensus estimates of 14.8%.

On a q-o-q seasonally-adjusted basis, the Singapore economy contracted by 2% in 2Q2021.

In the same survey, the respondents estimate that the economy will expand by 15% y-o-y in the 2Q2021.

The growth represents a turnaround from the 2.4% y-o-y contraction recorded for 4Q20.

This week: See analysts' Singapore GDP estimates and news on the Stock Connect linking Hong Kong's and the mainland's markets.

This is a significant improvement from the historic 13.3% plunge logged in 2Q2020 ended June.

SINGAPORE (July 13): RHB Research is maintaining its forecast for 2018 GDP at 3%, given moderating exports and the shift towards a more moderate semiconductor cycle this year.

SINGAPORE (Mar 22): Singapore’s GDP in 2018 is expected to grow by 3.1%, after 3.6% in 2017, says The Institute of Chartered Accountants in England and Wales (ICAEW) in its latest Economic Insight: South-East Asia report.

SINGAPORE (Dec 26): Singapore's economy is expected to have lost some steam in the fourth quarter, but may show enough momentum to keep alive expectations of a monetary policy tightening next year.