Home News Singapore economy

Singapore's economy slated to grow by 4.0% in 2021: MAS survey

Amala Balakrishner
Amala Balakrishner12/8/2021 12:0 PM GMT+08  • 3 min read
Singapore's economy slated to grow by 4.0% in 2021: MAS survey
Singapore's growth is expected to come in at 6.9% in 2021, in line with official estimates of 6% - 7%
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Market watchers are expecting Singapore’s economy to expand by 4.0% in 2022 better than the 3.9% predicted earlier, according to findings from the Monetary Authority of Singapore’s (MAS) survey of professional forecasters released on Dec 8.

Growth for the year will likely fall between the 3% and 4.9% next year, the quarterly survey went on to say. This is in line with the 3% to 5% growth rate pencilled by the Ministry of Trade and Industry (MTI) in its 2022 forecast released last month.

For the ongoing 4Q2021 ending in December, the 22 economists and analysts polled are looking at a 4.6% y-oy expansion. As for the full-year, they are looking at a growth rate of 6.9%, in line with official estimates which point to an expansion of between 6% and 7%.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.