Story perspectives
Singapore's Economy Grows 4%, Jamaica Faces 3.5% Decline
1/3/2025
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Story summary
- Singapore's economy experienced a 4% growth in 2024, with Q4 growth at 4.3%, a decline from Q3's 5.4%.
- Manufacturing in Singapore increased by 4.2% year-on-year, while construction saw a 5.9% rise.
- Jamaica's economy shrank by 3.5% in Q3 2024, primarily due to Hurricane Beryl's adverse effects on agriculture and infrastructure.
- Growth in Jamaica was limited to the transport/storage and finance sectors.
