Story perspectives

Singapore's Economy Surges 5.7% Amid Trade Risks

1/2/2026

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Summary

Story summary

Singapore's economy grew by 5.7% year-on-year in Q4 2025, the strongest growth since Q3 2024.
This growth followed a revised 4.3% increase in Q2 and a quarterly growth of 1.9%, down from 2.4% in the previous quarter.
For the full year, GDP growth reached 4.8%, surpassing the Ministry of Trade and Industry's forecast of around 4%.
Prime Minister Lawrence Wong highlighted strong manufacturing growth but noted trade risks from U.S. tariffs.
Singapore ranked first in the 2025 Global Talent Competitiveness Index.

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Story summary

Singapore's economy grew by 5.7% year-on-year in Q4 2025, the strongest growth since Q3 2024.
This growth followed a revised 4.3% increase in Q2 and a quarterly growth of 1.9%, down from 2.4% in the previous quarter.
For the full year, GDP growth reached 4.8%, surpassing the Ministry of Trade and Industry's forecast of around 4%.
Prime Minister Lawrence Wong highlighted strong manufacturing growth but noted trade risks from U.S. tariffs.
Singapore ranked first in the 2025 Global Talent Competitiveness Index.