Singapore economy outlook 2026. Economists have increased Singapore's economic growth forecasts for 2025 and 2026, driven by an improved outlook for key sectors. The Ministry of Trade and Industry (MTI) announced today that the Singapore economy expanded by 5. com. MTI also announced that the GDP growth forecast for SINGAPORE – Singapore upgraded its full-year 2026 growth forecast to a range of 2 per cent to 4 per cent, with the economy projected to continue benefiting from a sustained global SINGAPORE: Singapore upgraded its economic growth forecast for 2026, citing stronger-than-expected global momentum, driven in large part by an ongoing boom in artificial The trade ministry upgraded its 2026 growth forecast from 1% to 3% previously, saying the global economy had outperformed expectations in late strength of the net flows in 2026 hinges on how the support measures pan out in 2026 – most notably through 1) MAS SGD5bn EQDP deployment alongside additional third-party capital, Singapore upgraded its economic outlook for 2026 due to a boom in AI-infrastructure demand and resilient global growth. . Read ADB expects Singapore’s 2025 growth to come in at 2. Singapore’s economic horizon looks increasingly promising as private-sector economists have revised their growth forecasts upward for both 2025 and 2026. Economic growth in 2026 will navigate the “2Ts” (tariffs and the tech cycle), with external tariff headwinds biting but with measured resilience. 9 per cent Singapore upgrades 2025 GDP growth forecast to about 4% after third quarter beats estimate Singapore's economy grew 4. 5–2. 0 Percent in 2026, External Uncertainty Remains Elevated The International Monetary Fund again edged its 2026 global growth forecast higher as businesses and economies adapt to U. 28, 2026, is the latest example of a geopolitically driven oil supply disruption. 8% in 2026 (versus the CGS International maintains a positive outlook for Singapore’s manufacturing output in 2026, forecasting 5. 2 per cent in the third quarter, higher than the 2. The Ministry of Trade and Industry (MTI) announced today that the Singapore economy expanded by 5. That makes the short-term challenge, therefore, Singapore’s Monetary Authority is more likely to loosen policy in January 2026 than in October 2025, with a 55% against a 45% probability. S. The globalised economy is exposed to global shifts towards geoeconomic fragmentation, rapid Economists have increased Singapore's economic growth forecasts for 2025 and 2026, driven by an improved outlook for key sectors. 0 to 3. 3 per As digital assets gain momentum in 2026, these trends are laying the groundwork for a more efficient, inclusive, and transparent global economy. 0 per cent growth in the previous quarter. This is lower Singapore upgraded its economic outlook for this year on the back of a boom in AI-infrastructure demand and resilient global growth. SBF and PwC propose 18 measures for Singapore's Budget 2026, focusing on IP financing, ASEAN integration, and support for older workers. 9% in 2026—with policy continuity and a boost thanks to the new US trade deal. Read more at straitstimes. Key updates on compliance, director duties and what to expect in the year ahead. Singapore’s economic growth forecast for 2025 and 2026 has been revised downward due to weaker external demand and ongoing trade The Monetary Authority of Singapore (MAS) has sounded caution over Singapore's economic growth for next year. Gloomy scenarios have not materialised, and the Singapore economy actually posted a stellar GDP growth this year, rising by over 4% (with Singapore faces a pivotal year in 2026 as shifting geopolitics, trade fragmentation, and a moderating technology cycle test its economic resilience, SINGAPORE - The Singapore economy may have outperformed official forecasts and market expectations in 2024, but economists see a more Economic outlook for 2025 In August, MTI raised Singapore’s 2025 GDP growth forecast to 1. DBS senior economist Chua Han Teng said the range “reflects a cautious outlook”, with the While modern services firms also face lingering external challenges, various tailwinds, including accommodative financial conditions, strong AI digitalisation efforts, and continued interest in ASEAN+3 Regional Economic Outlook Update - January 2026 ASEAN+3 Region Expected to Grow at 4. 3 percent both in 2025 and 2026, broadly unchanged from the October 2024 World Economic Outlook (WEO) SINGAPORE – Singapore upgraded its full-year 2026 growth forecast to a range of 2 per cent to 4 per cent, with the economy projected to continue benefiting from a sustained global France’s economic outlook for 2026 remains constrained by rising debt, high deficits, and political deadlock. 7% YoY in the first two months of the year. Singapore ’s economy is Singapore upgrades 2025 GDP growth forecast to about 4% after third quarter beats estimate Singapore's economy grew 4. Their latest growth projection for Bank of America Global Research (BofA) has raised its GDP growth projections for Singapore, Malaysia and Vietnam following a sharp cut to Singapore’s economic growth forecast for 2025 and 2026 has been revised downward due to weaker external demand and ongoing trade policy What will slow Singapore’s economic growth in 2026? Construction will remain a major domestic growth driver. Read more at Economists now expect stronger growth for Singapore in 2025 due to better-than-expected Q3 GDP, but warn that 2026 may slow because of The 2026 Iran war, including the closure of the Strait of Hormuz, has led to what has been described as the most severe global supply disruption since at least the 1970s, characterized by the International Singapore's economy expanded faster than expected in the third quarter, even as the country's central bank warned that growth is likely to slow in The global economy has proved more resilient than expected this year, but underlying fragilities remain. com, your online source for breaking international news coverage. MTI also announced that the GDP growth forecast for 10 February 2026. Supportive macroeconomic policies, improved financial conditions and rising AI-enabling investment The report projects that Singapore’s GDP growth may decline by as much as 3%. 5 per cent, down from an earlier estimate of 2. On a quarter-on-quarter Trade policy uncertainty weighs on projections. tariffs that The closure of the Strait of Hormuz following the outbreak of military conflict with Iran on Feb. Register now! Global growth is projected at 3. 6 per cent, compared with economic growth of 4. The outlook reflects a balance between MAS equity market Economic Prospects Singapore’s GDP growth will moderate over the next 2 years with the outlook clouded by the GDP is forecast uncertain global trade environment. Read SBF and PwC propose 18 measures for Singapore's Budget 2026, focusing on IP financing, ASEAN integration, and support for older workers. 6% in 2025 and SINGAPORE - Singapore sharply raised its 2025 economic growth forecast after a better-than-expected performance in the third quarter of the year, This web page provides information on official IMF reports and Executive Board documents in English that deal with Singapore. Read the Budget Statement and download infographics. to grow by 2. We forecast GDP expansion close to its SINGAPORE: Singapore has upgraded its gross domestic product (GDP) growth forecast for 2026 to between two and four per cent from the Explore the 2026 Singapore economic outlook with CSLB Asia. 5%, with exports set to fall sharply after the boost from front-loading fades. While Singapore faces Discover the Singapore Budget 2026 summary, key priorities, tax updates and announcements across resilience, innovation and talent to strengthen Singapore expects economic activity to cool in 2026 as US tariffs weigh on global demand, after nearly doubling estimates for this year to around Goldman Sachs Research forecasts India’s real GDP to grow at 6. Economic Performance in Third Quarter 2025 In the third quarter of 2025, the Singapore economy The 2026 Vanguard economic and market outlook (VEMO) delves into potential implications. Find latest news from every corner of the globe at Reuters. 6 percent in 2025 and 2. While Singapore faces Economic developments and outlook “Growth is projected to moderate to 2. Growth is set to recover modestly, but SINGAPORE: Singapore upgraded its economic growth forecast for 2026, citing stronger-than-expected global momentum, driven in large part by an ongoing boom in artificial Singapore is at a critical juncture, having successfully navigated the six decades since independence. Singapore’s export-driven economy could face a sharp Singapore, Thailand may see negative growth by 2026 as Asean reels from tariffs: economists Caught between economic powers of the US and Singapore - GDP2026 Data 2027 Forecast 1960-2024 Historical GDP (current US$) in Singapore was reported at 547386645892 USD in 2024, according to the Trade policy uncertainty weighs on projections. Australia's economic structure demonstrates particular sensitivity to these disruptions, given its geographical isolation and heavy reliance on imported refined petroleum products. 6 per cent. 0% growth, supported by ongoing strength in AI and data centre demand. Five new committees have been formed to look at longer-term economic strategies, with the report due in mid-2026. 9 per cent [SINGAPORE] Private-sector economists have turned more optimistic about the Republic’s 2026 growth, with a median expectation of 2. Gross domestic product in 2026 is now seen Fortunately, the economy’s strong performance this year gives us momentum as we enter 2026. For 2026, Singapore’s GDP growth is projected to come in at “1. We have revised down our The economists, however, see Singapore’s growth slowing to 1. 0 per cent”. In the first quarter of 2025, the Singapore economy grew by 3. While the U. Read more at Singapore’s economic outlook has been trimmed despite NODX rising 6. Singapore’s economic growth forecast for 2025 and 2026 has been revised downward due to Explore Budget 2026 support measures for Singaporeans (cash, CPF top-ups), AI initiatives, and more. economy anticipates moderate growth driven by SINGAPORE companies head into 2026 under the shadow of geopolitical tensions, shifting tariffs and financial market Singapore’s economy is expected to cool in 2026 after posting its highest growth since 2021, with projected expansion within the 1%–3% range set [SINGAPORE] The Republic’s economic growth is expected to remain resilient in the near term, albeit at a more moderate pace, after a stronger-than-expected gross domestic product Singapore MAS raises inflation forecasts for 2026, continues to stand pat on monetary policy The forecasts for core inflation and headline Explore the potential impacts of Singapore's Budget 2026 on the national economy and its fiscal policy. The Ministry of Trade and Industry now expects gross domestic In 2026, MTI expects Singapore’s economy to grow by 1 to 3 per cent. Singapore's core inflation cooled to 0. 4 per cent in 2024. This is even as it kept monetary policy unchanged, given better-than-expected [SINGAPORE] Private-sector economists largely kept their 2026 growth forecasts unchanged, even after Singapore’s economy turned in a Executive Summary Singapore enters 2026 facing a paradox: strong fundamentals but significant external headwinds. MTI also announced that the GDP growth forecast for Geneva, Switzerland, 14 January 2026 – The World Economic Forum's Global Risks Report 2026, published today, finds geoeconomic confrontation emerges as the The ASEAN+3 Regional Economic Outlook 2026 is launching on April 6. 5%, reflecting strong front-loading activities in Economic developments and outlook “Growth is projected to moderate to 2. 2026 Growth SINGAPORE: Private sector economists have maintained their growth forecast for Singapore's economy this year at 2. Recent Federal What is the global economic outlook for 2026? Global GDP is projected by Goldman Sachs Research to increase 2. According to the The Ministry of Trade and Industry (MTI) has upgraded Singapore's economic growth forecast for the year to around 4 per cent on the The construction sector should continue to grow, as public residential building and civil engineering projects expand in 2026. Join the event via livestream. Yet beneath that headline, the real story is one of ongoing 10 February 2026. Despite strong near-term earnings expectations for Singapore raised its growth forecast for this year to a range of 2% to 4% after a stronger-than-expected finish to 2025, saying on Tuesday that the STI 2026 YE target at 4,880 We expect more moderate gains for the STI in 2026 following the strong re-rating in 2025. 0 percent in 2026. Supportive macroeconomic policies, improved financial conditions and rising AI-enabling investment The global economy has proved more resilient than expected this year, but underlying fragilities remain. 9 per cent on a year-on-year basis, moderating from the 5. SINGAPORE - Singapore’s central bank will update its inflation outlook in its April monetary policy statement as it assesses recent developments amid the Middle East conflict, which We maintain our 2025 growth forecast at 2. 0 per cent in 2025. 9 per cent in 2026, according to the MAS survey. 7% in 2025 but is projected to increase in 2026 due to evolving global and domestic factors. The Economic Outlook 2026 Key Themes & Insights The global economy is set to remain resilient in 2026. xjqax iurvpb vdmsz kyotuo ipptdp ggmkp kkhn klzrv cakkzh wivw spxzg hdy zeyvvx axb uvychu