Tag: Singapore economy
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Singapore Raises 2025 GDP Growth Forecast to About 4% After Strong Q3
Singapore Ups 2025 GDP Growth Forecast to About 4% Singapore has upgraded its 2025 economic growth forecast to around 4 percent following a robust third-quarter performance that beat expectations. The upgrade marks a notable shift from the previous projection of about 1.5 percent and underscores a more optimistic macro outlook for the city-state in the…
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Singapore’s Q3 2025 GDP Grows 2.9% as MTI Signals Modest Slower Pace
Singapore’s Q3 2025 GDP: A Mixed Pace of Growth Singapore’s economy expanded by 2.9% in the third quarter of 2025, according to advance estimates from the Ministry of Trade and Industry (MTI) released on Oct 14. This is a step down from the 4.5% growth recorded in Q2, signaling a cooling pace after a stronger…
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Singapore’s Q3 2025 GDP: Growth Slows to 2.9% as MTI Highlights Mixed Sector Performance
Singapore’s Q3 2025 GDP: A Mixed Picture Singapore’s economy expanded by 2.9% in the third quarter of 2025, according to advance estimates from the Ministry of Trade and Industry (MTI) released on Tuesday. This pace marked a slowdown from the 4.5% growth logged in the second quarter, reflecting varied performance across sectors as Singapore navigates…
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Singapore’s Digital Economy Surges to $128.1 Billion in 2024, Driving GDP Growth and Tech Jobs
Singapore’s Digital Economy Expands to $128.1 Billion in 2024 Singapore’s digital economy reached a new milestone in 2024, growing to $128.1 billion and accounting for 18.6% of the nation’s Gross Domestic Product (GDP). The update, released by the Infocomm Media Development Authority (IMDA), highlights a resilient and expanding tech ecosystem that underpins Singapore’s transformation into…
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Singapore’s Digital Economy Grows by $12B in 2024, Reaching 18.6% of GDP
Singapore’s digital economy hits a new milestone in 2024 Singapore’s digital economy surged to 128.1 billion, a record high that represents 18.6% of the nation’s GDP in 2024. According to the latest Singapore Digital Economy Report released by the Infocomm Media Development Authority (IMDA), the sector grew by 12 billion year over year, underscoring the…