Singapore’s economy grew by 1.4% quarter-on-quarter in the second quarter of 2026, surpassing flash estimates of 1.1% and accelerating from a slightly downwardly revised 1.2% expansion in the previous quarter. source: Statistics Singapore

The Gross Domestic Product (GDP) in Singapore expanded 1.40 percent in the second 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. This page provides - Singapore GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

The Gross Domestic Product (GDP) in Singapore expanded 1.40 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Singapore is expected to be 0.70 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
2026-07-14 12:00 AM
QoQ Adv
Q2 1.1% 1.3% 1.1% 0.7%
2026-08-11 12:00 AM
QoQ Final
Q2 1.4% 1.2% 1.1% 1.1%
2026-10-14 12:00 AM
QoQ Adv
Q3 0.7%


Related Last Previous Unit Reference
Full Year GDP Growth 5.00 5.30 percent Dec 2025
GDP Growth Rate YoY 5.90 6.30 percent Jun 2026
GDP Constant Prices 155942.70 153786.50 SGD Million Jun 2026
GDP from Construction 5938.90 6090.40 SGD Million Jun 2026
GDP from Manufacturing 34134.70 32119.60 SGD Million Jun 2026
GDP from Public Administration & Defence 3211.60 3134.90 SGD Million Jun 2026
GDP from Services 100486.60 99973.40 SGD Million Jun 2026
GDP from Transport 9142.30 8973.60 SGD Million Jun 2026
GDP from Utilities 1613.60 1630.40 SGD Million Jun 2026
GDP Growth Annualized 5.70 5.00 percent Jun 2026
GDP Growth Rate 1.40 1.20 percent Jun 2026
Gross Fixed Capital Formation 38403.60 38550.60 SGD Million Jun 2026
Gross National Product 789529.20 765497.50 SGD Million Dec 2025


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
1.40 1.20 9.30 -12.10 1975 - 2026 percent Quarterly
SA