Singapore’s economy grew 5% in 2025; GDP growth forecast for 2026 upgraded to 2%-4%

0 February 10, 2026 11:42

Singapore has raised its economic growth outlook, after 2025 GDP beat expectations with a 5% increase. Growth this year is now forecast at between 2% and 4%, up from the earlier range of 1% to 3%. Analysts said the new target is realistic, pointing to continued strength in electronics exports and a resilient labour market. Meanwhile, key exports are now forecast to expand between 2% and 4% in 2026, after non-oil domestic exports saw a better-than-expected increase of 4.8% in 2025. Beatrice Yap reports.