Singapore GDP forecast

Market watchers expect Singapore’s GDP to grow by 2.4% in 2024: MAS survey - THE EDGE SINGAPORE

Singapore economy

Market-watchers expect Singapore’s GDP to grow by 2.4% in 2024: MAS survey

In the current survey, the respondents expect the economy to grow by 2.6% y-o-y in 1Q2024.

Singapore economy

Analysts mostly keep Singapore’s GDP estimates for 2024 despite softer-than-estimated 4Q2023 growth

Analysts have kept their estimates to range between 2% to 3%, while BofA has upped its estimate to 2.6% from 2.3% previously.

Singapore economy

Analysts see brighter outlook for Singapore in 2024 after better-than-expected 4Q2023 GDP

The analysts estimate that Singapore's GDP in 2024 will expand from 2.0% to 3.0%.
Singapore economy expected to grow by 1.8% y-o-y in 4Q2023: MAS survey - THE EDGE SINGAPORE

Singapore economy

Singapore economy expected to grow by 1.8% y-o-y in 4Q2023: MAS survey

Economists and analysts are expecting Singapore’s economy to grow by 1.8% in the 4Q2023.
Singapore's 2023 GDP forecast kept at 1%, inflation at 5.5%: IMF - THE EDGE SINGAPORE

Singapore economy

Singapore's 2023 GDP forecast kept at 1%, inflation at 5.5%: IMF

Singapore’s real GDP rebounded from a 5.4% decline in 2020 to grow 8.9% in 2021 before moderating to 3.6% in 2022.
Singapore economy now projected to grow by just 1.0% in 2023: MAS survey - THE EDGE SINGAPORE

Singapore economy

Singapore economy now projected to grow by just 1.0% in 2023: MAS survey

The latest estimate stands lower than the previous forecast of 1.4% in the previous survey earlier this year in June.

Singapore economy

Analysts keep earlier growth projections despite official narrowing of GDP growth range

Singapore narrowed its full-year GDP growth projection range to 0.5% to 1.5%, down from its previous estimate of 0.5% to 2.5%.
Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain *updated* - THE EDGE SINGAPORE

Singapore economy

Singapore faces uneven recovery in 2023 with impact of China’s reopening still uncertain

Singapore saw significant sectoral variation in its 4Q2022 GDP performance, and further divergence could lie ahead.
Singapore's GDP expands by 3.6% in 2022; 2023 growth forecast kept at 0.5% to 2.5% - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP expands by 3.6% in 2022; 2023 growth forecast kept at 0.5% to 2.5%

The country’s economy grew by 2.1% y-o-y in the 4Q2022.

Broker's Calls

Maybank trims Singapore GDP forecasts amid rising commodity prices

GDP forecasts for Singapore, Thailand and Vietnam face more downside risks than commodity exporters Malaysia and Indonesia.
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