Singapore's Q3 GDP Revised Upward, Full-Year Forecast Upgraded Singapore’s economy grew by 5.4% year-on-year in the third quarter of 2024, surpassing the official advance estimate of 4.1% released last month and exceeding expectations for 4.7% growth. This marks an acceleration from 2.9% in...
Singapore’s Gross Domestic Productgrowth and 2022 forecast According to the Ministry of Trade and Industry (MTI) the 2023 GDP growth forecast for Singapore has been maintained at 0.5 to 2.5 per cent, with growth likely to come in at around the mid-point of the ...
SINGAPORE, Feb. 17 (Xinhua) -- Singapore's Ministry of Trade and Industry announced on Thursday that it has maintained its GDP growth forecast for 2022 at 3-5 percent, taking into account the global and domestic economic environment, and barring the materialization of downside risks in the glo...
In the first quarter of 2024, the Singapore GDP grew by three percent compared to the same quarter the previous year.
We at Fitch Solutions have revised up our 2022 real GDP growth forecast for Singapore to 4.0%, from 3.5% previously, after advance estimates showed that the economy expanded by a
Gross Domestic Product of Singapore grew 1.1% in 2023 compared to last year. This rate is 25 -tenths of one percent less than the figure of 3.6% published in 2022.
Since gaining independence in 1965, Singapore has become one of the world's most prosperous nations. Its GDP has grown from USD 43.4 billion in 1983 to USD 394.3 billion in 2023, while its GDP per capita has risen to one of the highest levels globally. ...
economy grew by 3.0% and 2.9% on an annual basis in the first two quarters of 2024 respectively, benefitting from more vibrant global trade activity and a strong mix of domestic consumption and tourism. The IMF is projecting real GDP growth of 2.1% and an inflation rate of 3.0% in 2024...
Singapore is one of the wealthiest countries in the world, reporting a GDP per capita of US$82,794 in 2022, the highest in Asia. The city-state has maintained asteady economic growthover the past five years. Singapore reported a GDP of US$599 billion at the current market price in 2020...
Economic summary:GDP/PPP(2013 est.): $339 billion; per capita $62,400.Real growth rate:4.1%.Inflation:5.2%.Unemployment:1.9% (2013).Arable land:0.89%.Agriculture:orchids, vegetables; poultry, eggs; fish, ornamental fish.Labor force:3.444 million (2013 est.); agriculture 1.3%; industry 18.6...