Singapore’s manufacturing production fell by 0.1% year-on-year in February 2026, reversing a 12.9% surge in the previous month. This marked the first month of decline in manufacturing activity since August last year, driven by weaker output across nearly all sub-sectors except electronics. Biomedical manufacturing (-27.3% vs -33.6% in January) recorded the sharpest contraction, reflecting shifts in pharmaceutical output (-18% vs -44.8%) and softer demand for medical devices (-30.4% vs -28.1%). General manufacturing (-5.7% vs -2.6%) also declined, as well as chemicals (-4.6% vs 2.3%), precision engineering (-3.5% vs 14%), and transport engineering (-0.2% vs 25.2%). Meanwhile, the electronics cluster (13.7% vs 34%) remained the key outperformer, driven in part by AI-related demand. On a monthly basis, manufacturing output decreased by 7.2% in February, slipping from a 2% rise in the preceding period. source: Singapore Economic Development Board

Industrial Production in Singapore decreased 0.10 percent in February of 2026 over the same month in the previous year. Industrial Production in Singapore averaged 6.61 percent from 1984 until 2026, reaching an all time high of 58.60 percent in May of 2010 and a record low of -32.20 percent in March of 2009. This page provides the latest reported value for - Singapore Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Industrial Production in Singapore decreased 0.10 percent in February of 2026 over the same month in the previous year. Industrial Production in Singapore is expected to be 12.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Manufacturing Production is projected to trend around 2.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-26 05:00 AM
Industrial Production YoY
Jan 16.6% 10.9% 11% 7.5%
2026-03-26 05:00 AM
Industrial Production YoY
Feb -0.1% 12.9% 14.3%
2026-04-27 05:00 AM
Industrial Production YoY
Mar -0.1% 12.6%


Related Last Previous Unit Reference
Bankruptcies 172.00 116.00 Companies Jan 2026
Business Confidence 11.00 8.00 points Dec 2025
Car Registrations 5544.00 6200.00 Units Feb 2026
Changes in Inventories 1957.90 1031.40 SGD Million Dec 2025
Corruption Index 84.00 84.00 Points Dec 2025
Corruption Rank 3.00 3.00 Dec 2025
Industrial Production YoY -0.10 12.90 percent Feb 2026
Industrial Production MoM -7.20 2.00 percent Feb 2026
Leading Economic Index 116.70 112.50 points Dec 2025
Services Sentiment 4.00 10.00 points Dec 2025


Singapore Manufacturing Production
In Singapore, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
-0.10 12.90 58.60 -32.20 1984 - 2026 percent Monthly
2015=100, NSA

News Stream
Singapore Manufacturing Output Falls for 1st Time in 6 Months
Singapore’s manufacturing production fell by 0.1% year-on-year in February 2026, reversing a 12.9% surge in the previous month. This marked the first month of decline in manufacturing activity since August last year, driven by weaker output across nearly all sub-sectors except electronics. Biomedical manufacturing (-27.3% vs -33.6% in January) recorded the sharpest contraction, reflecting shifts in pharmaceutical output (-18% vs -44.8%) and softer demand for medical devices (-30.4% vs -28.1%). General manufacturing (-5.7% vs -2.6%) also declined, as well as chemicals (-4.6% vs 2.3%), precision engineering (-3.5% vs 14%), and transport engineering (-0.2% vs 25.2%). Meanwhile, the electronics cluster (13.7% vs 34%) remained the key outperformer, driven in part by AI-related demand. On a monthly basis, manufacturing output decreased by 7.2% in February, slipping from a 2% rise in the preceding period.
2026-03-26
Singapore Manufacturing Output Exceeds Forecasts
Singapore's manufacturing production surged 16.6% year-on-year in January 2026, accelerating from an upwardly revised 10.9% gain and surpassing market expectations of 11% growth. Electronics output soared to 44% from 19.6% in December, largely driven by a sharp expansion in semiconductors (52% vs 20.5%). Overall growth was also supported by stronger performances in chemicals (2.3% vs 1.3%) and precision engineering (13.2% vs 8.1%). On the other hand, production contracted sharply in biomedical manufacturing (-33.1% vs -10.9%), while growth slightly eased in transport engineering (25.2% vs 26.4%). In addition, output in general manufacturing industries fell (-2.6% vs 0.4%). On a monthly basis, output rose 5.3%, rebounding from a 13.3% fall in the previous month. Excluding biomedical manufacturing, manufacturing production climbed to 24.1% in January 2026, from 13.1% in the prior month.
2026-02-26
Singapore Factory Output Slows More Than Expected
Singapore’s manufacturing production rose 8.3% year-on-year in December 2025, easing from an upwardly revised 18.2% growth in November and falling short of the expected 10.1% increase. This marks the softest rise since a decline in August, weighed down by a sharp fall in biomedical manufacturing (-38.8% vs 79.1% in November), primarily due to lower pharmaceutical output (-69.7%). Production also contracted in chemicals (-1.6% vs 2.1%), while transport engineering expanded at a slower pace (19.9% vs 24.2%). Meanwhile, electronics output grew faster (30.8% vs 18.1%), driven by a steeper rise in semiconductors (32.4%). Production also increased for precision engineering (3.4% vs 2.4%) and remained unchanged for general manufacturing industries (0% vs -2.6%). On a monthly basis, manufacturing activity slumped 13.3%, the largest decline since October 2020, following a 7.8% drop in November.
2026-01-26