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Macro - Country Economic Forecasts - Singapore

Publisher Oxford Economics
Published Dec 19, 2025
Length 9 Pages
SKU # OFE20686079

Description

We expect Singapore's GDP growth to slow to 3.1% in 2026 from an estimated 4.4% expansion this year. Although the economy is set to lose steam as external tailwinds fade, the output gap will probably stay positive throughout most of the year. As such, we suspect the Monetary Authority of Singapore (MAS) is unlikely to ease policy settings again.

Table of Contents

9 Pages
Singapore: Growth to stay resilient in 2026 even as tailwinds fade
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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