Singapore raised its 2026 GDP growth outlook to 2%-4%, citing strong AI-driven expansion and outperforming 2025 results.
Singapore has upgraded its full-year 2026 economic growth forecast to a range of 2% to 4%, reflecting a more positive outlook after the economy outperformed in 2025. The Ministry of Trade and Industry revised 2025 growth to 5%, up from 4.8%, and highlighted strong manufacturing and wholesale trade gains along with a global AI investment boom. This upgrade signals continued momentum in trade and technology sectors, with AI-related demand expected to support exports and associated clusters. The move underscores Singapore's resilience amid a higher base and global uncertainties, influencing business and investment planning for the year.
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