Singapore GDP
Economist lowers Q2 2024 GDP growth forecast to 2.6% YoY
The forecast is lower than the government’s advance estimate of a 2.9% YoY growth.
Economist lowers Q2 2024 GDP growth forecast to 2.6% YoY
The forecast is lower than the government’s advance estimate of a 2.9% YoY growth.
Economists forecast upward revision in GDP estimates
Nomura expects MTI to raise its full-year forecast to 2%-3% from 1%-3%.
Electronics export growth insufficient to boost Singapore's Q2 2024 economy
In the broader SEA region, however, the situation will be different.
Economists uphold 2.4% full-year GDP growth for Singapore in Q2
Next year, they expect the economy to grow by 2.5%.
MTI maintains 1%-3% GDP 2024 growth forecast despite 1Q expansion
GDP grew 2.7% YoY in 1Q24.
Economy grows at a faster pace in 1Q24: advance estimates
It grew 2.7% YoY from 2.2% YoY in 4Q23.
Economy grows 1.1% in 2023; MTI retains 2024 growth forecast at 1.0%-3.0%
Economic growth moderated from 2022, when Singapore recorded a 3.8% YoY expansion.
Nomura sees manufacturing supporting 3% GDP growth this year
Inflation to remain sticky this year.
Singapore’s economic upswing unlikely to last: experts
In 2023, experts predict a GDP growth of 0.7% for Singapore.
Economy grows at a faster pace in 3Q23: flash estimates
It grew 0.7% YoY from 0.5% YoY in 2Q23.
MTI narrows 2023 GDP growth forecast range to 0.5%-1.5%
‘Weak external demand outlook’ for the rest of 2023 was cited as the reason for the move.
Economy slightly grows in 2Q23: flash estimates
It grew 0.7% YoY from 0.4% YoY in 1Q23.
Economy slows to 0.4% growth in Q1
The recovery of international visitor arrivals propels growth in accommodation and IT sectors.
GDP to expand 0.5% to 2.5% in 2023: MTI
External demand outlook has weakened as US, Eurozone economies decelerate.
Singapore's private consumption to recover in 2H23
RHB expects a 3.8% YoY consumption growth.
3 factors weighing down Singapore’s economic growth
Analysts expect full-year GDP growth to clock in at 1.4%, lower than the 2022 record.
SG likely to enter ‘technical recession’ in H1
Experts believe SG’s growth momentum will continue to slow in Q2.
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