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Macro - Country Economic Forecasts - Singapore

Publisher Oxford Economics
Published Mar 30, 2022
Length 10 Pages
SKU # OFE17063652

Description

Macro - Country Economic Forecasts - Singapore

We have further lowered our 2023 GDP growth forecast for Singapore by 0.2ppts to 2.3% from our previous baseline to reflect the weaker global growth outlook given the greater-than-anticipated scale of formal and informal international sanctions on Russia. As a small and open economy, Singapore is especially exposed to higher global energy and food prices, weaker foreign demand, and ongoing supply chain disruptions.

Table of Contents

10 Pages
Singapore: Weaker global outlook prompts another growth downgrade
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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