MTI Upgrades GDP Growth Forecast for 2025 to “Around 4.0 Per Cent” and Forecasts GDP Growth of “1.0 to 3.0 Per Cent” for 2026
MTI Upgrades GDP Growth Forecast for 2025 to “Around 4.0 Per Cent” and Forecasts GDP Growth of “1.0 to 3.0 Per Cent” for 2026
The Singapore economy expanded by 4.2% on a year-on-year basis in 3Q 2025. The GDP growth forecast for 2025 has been upgraded from ‘1.5% to 2.5%’ to ‘around 4.0%’. For 2026, Singapore’s GDP growth is projected to come in at ‘1.0% to 3.0%’.
