Economic
Singapore upgrades 2026 GDP growth forecast announcement
Singapore's Ministry of Trade and Industry upgraded the 2026 GDP growth forecast to 2.0–4.0 percent, reflecting strong AI-driven demand and solid 2025 performance.
Singapore's Ministry of Trade and Industry announced an upgrade of the 2026 GDP growth forecast to a range of 2.0 to 4.0 percent, up from the earlier 1.0 to 3.0 percent. The revision follows the economy's expansion of 5.0 percent in 2025, supported by a 6.9 percent year-on-year growth in the final quarter. Strong AI-related demand has boosted manufacturing and wholesale trade, while finance and insurance also contributed to growth. The outlook assumes continued global AI investment momentum, though risks from external trade and geopolitical tensions remain.
- Status
- active
- Location
- Singapore
- Date added
- 2026-03-31 15:06 UTC
- Added by
- bodglobalapdrt
- Last updated
- 2026-03-31 15:06 UTC
- Connected threats
- Not provided