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Singapore GDP forecast
Singapore economy
Analysts upgrade 2024 GDP growth forecast following MTI’s advanced GDP numbers
This comes following MTI’s advanced estimates of Singapore’s GDP released on Oct 14.
October 14, 2024
Singapore economy
Market-watchers expect Singapore’s GDP to grow by 2.6% y-o-y in 2024, up from 2.4% previously: MAS survey
In the current survey, the respondents expect the economy to grow by 2.6% y-o-y in 3Q2024.
September 11, 2024
Singapore economy
Singapore sees 2024 GDP growth at upper half of forecast
GDP grew 0.4% in the three months through June from the previous quarter.
August 13, 2024
Singapore economy
Singapore keeps 2024 GDP growth forecast at 1% to 3%; expects gradual manufacturing and trade recovery
Within the manufacturing sector, the electronics cluster is projected to recover gradually in the coming quarters.
May 23, 2024
Global Economy
IMF keeps Singapore’s 2024 GDP growth forecast at 2.1%, trims 2025 outlook slightly
For the current year, the IMF expects Asia and Asean to post GDP growth of 4.5% and 4.6% respectively.
April 30, 2024
Singapore economy
Market watchers expect Singapore’s GDP to grow by 2.4% in 2024: MAS survey
In the current survey, the respondents expect the economy to grow by 2.6% y-o-y in 1Q2024.
March 13, 2024
Singapore economy
Analysts mostly keep Singapore’s GDP estimates for 2024 despite softer-than-estimated 4Q2023 growth
Analysts have kept their estimates to range between 2% to 3%, while BofA has upped its estimate to 2.6% from 2.3% previously.
February 15, 2024
Singapore economy
Analysts see brighter outlook for Singapore in 2024 after better-than-expected 4Q2023 GDP
The analysts estimate that Singapore's GDP in 2024 will expand from 2.0% to 3.0%.
January 03, 2024
Singapore economy
Singapore economy expected to grow by 1.8% y-o-y in 4Q2023: MAS survey
Economists and analysts are expecting Singapore’s economy to grow by 1.8% in the 4Q2023.
December 13, 2023
Singapore economy
Singapore's 2023 GDP forecast kept at 1%, inflation at 5.5%: IMF
Singapore’s real GDP rebounded from a 5.4% decline in 2020 to grow 8.9% in 2021 before moderating to 3.6% in 2022.
October 19, 2023