Singapore GDP Growth Rate — 2026 Data, Trend & Forecast
Singapore's GDP growth rate was 5.03% in December 2025, down from 5.34% the previous year. A year earlier it stood at 5.34%.
Singapore's GDP growth rate stands at 5.03% as of December 2025. Over the latest readings, the GDP growth rate has moved within a band of -3.61% to 14.52%. The most recent figure of 5.03% is down from 5.34% a year earlier, and is 0.32% lower than a year ago.
The trend
Among the 214 economies tracked on this platform, Singapore ranks #51 on GDP growth rate by latest value. It fell from 5.34% in the previous year, and compares with a year-earlier 5.34%.
What's driving it
Growth reflects household spending, investment, government outlays and net exports, and is sensitive to interest rates, global demand and confidence.
Recent readings
| Period | GDP growth rate |
|---|---|
| Dec 2025 | 5.03% |
| Dec 2024 | 5.34% |
| Dec 2023 | 1.45% |
| Dec 2022 | 4.01% |
| Dec 2021 | 10.14% |
| Dec 2020 | -3.61% |
| Dec 2019 | 1.16% |
| Dec 2018 | 3.19% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the GDP Growth Rate of Singapore in 2026?
Singapore's GDP growth rate was 5.03% in December 2025, down from 5.34% the previous year. A year earlier it stood at 5.34%.
Is the GDP growth rate rising or falling in Singapore?
It fell in the latest reading — 5.03% in December 2025 versus 5.34% a year earlier. Year on year it is lower.
What is GDP growth rate?
It measures how fast the economy is expanding, measured as the annual change in gross domestic product.