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Singapore Upgrades 2026 Growth Forecast to 2%-4%

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.
Status
active
Location
Singapore
Date added
2026-03-25 23:55 UTC
Last updated
2026-03-25 23:55 UTC
Source
The Straits Times
Connected threats
Not provided

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