Singapore Economy Growth Update
The Singapore economy grew by 4.2% year-on-year in the third quarter of 2025. Reflecting this strong performance, the GDP growth forecast for 2025 has been revised upward from an earlier estimate of 1.5% to 2.5%, to approximately 4.0%.
"The Singapore economy expanded by 4.2% on a year-on-year basis in 3Q 2025. The GDP growth forecast for 2025 has been upgraded from '1.5% to 2.5%' to 'around 4.0'."
The improved GDP outlook highlights Singapore's resilient economic recovery and stronger-than-expected growth momentum in the recent quarter.
Author's summary: Singapore’s economy shows robust growth with 4.2% expansion in Q3 2025, prompting a significant upgrade in the annual GDP forecast to around 4.0%.
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