The Gross Domestic Product (GDP) in Singapore expanded 1 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Singapore averaged 1.51 percent from 1975 until 2026, reaching an all time high of 9.30 percent in the third quarter of 2020 and a record low of -12.10 percent in the second quarter of 2020. source: Statistics Singapore

GDP Growth Rate in Singapore is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore GDP Growth Rate is projected to trend around 0.40 percent in 2027 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-14 12:00 AM
QoQ Adv
Q1 -0.3% 1.3% -0.5% 0.1%
2026-05-25 12:00 AM
QoQ Final
Q1 1.0% 1.3% 0.1% -0.3%
2026-07-14 12:00 AM
QoQ Adv
Q2 1.0% 0.3%


Related Last Previous Unit Reference
Full Year GDP Growth 5.00 5.30 percent Dec 2025
GDP Growth Rate YoY 6.00 5.70 percent Mar 2026
GDP Constant Prices 151417.20 151904.20 SGD Million Mar 2026
GDP from Construction 5878.50 5669.80 SGD Million Mar 2026
GDP from Manufacturing 31438.00 33059.40 SGD Million Mar 2026
GDP from Services 22538.40 21865.70 SGD Million Dec 2025
GDP from Transport 8832.60 8887.50 SGD Million Dec 2025
GDP from Utilities 1630.20 1618.10 SGD Million Dec 2025
GDP Growth Annualized 8.70 10.90 percent Dec 2025
GDP Growth Rate 1.00 1.30 percent Mar 2026
Gross Fixed Capital Formation 38436.30 36880.50 SGD Million Dec 2025
Gross National Product 731436.10 678687.50 SGD Million Dec 2024


Singapore GDP Growth Rate
Since gaining independence in 1963, Singaporean economy has been growing rapidly and as a result the country has now one of the highest GDP per capita in the world. The economy depends heavily on foreign trade; both from port activities and from exports of electronic components and refined oil. The country is a leading foreign direct investment recipient due to its status of one of the freest, most competitive and most business-friendly economies in the world. Singapore is also an important financial center.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.30 9.30 -12.10 1975 - 2026 percent Quarterly
SA