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Macro - Country Economic Forecasts - Singapore

Publisher Oxford Economics
Published Sep 25, 2025
Length 9 Pages
SKU # OFE20535981

Description

We forecast Singapore's GDP will grow by 2.1% this year, with a stronger H1 and a weaker H2 as external headwinds grow. This declining economic momentum suggests the Monetary Authority of Singapore might want to ease policy again, but the recent currency strength could be an obstacle to this. We anticipate GDP growth of 1.8% next year.

Table of Contents

9 Pages
Singapore: Fading export momentum weighs on overall growth
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
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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