Singapore Economy Grows 5% in 2025, Upgrades 2026

EthereumCraftsman · 2026-02-10T00:35:18+00:00

Singapore's economy grew 5% in 2025, surpassing forecasts and driven by manufacturing, trade, and finance, with a notable boost from AI-related demand. The 2026 growth forecast was raised to 2%-4%, supported by global economic resilience.

EthereumCraftsman

2026-02-10 00:35:18

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Singapore’s economy expanded 5% in 2025, easing from 5.3% growth in 2024 but exceeding the Ministry of Trade and Industry’s advance estimate of 4.8%. The MTI also upgraded its 2026 growth forecast to 2%-4% from 1%-3%, citing greater resilience in the global economy. The trade ministry said a sustained artificial intelligence boom, expansionary fiscal policies in major economies and accommodative global financial conditions are expected to underpin global growth this year. In the fourth quarter of 2025, GDP rose 6.9% year-on-year, accelerating from 4.6% in the previous quarter and topping the advance estimate of 5.7%. That marked the strongest pace of expansion since Q4 2021. Full-year growth in 2025 was driven primarily by manufacturing, wholesale trade and finance and insurance, with robust AI-related electronics demand providing a key lift to activity.

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