Singapore records growth of 4.8 percent during 2025

SINGAPORE, 31 December 2025 – Singapore’s Prime Minister, Lawrence Wong, announced that his country recorded economic growth of 4.8 percent during the year 2025, a rate that exceeded expectations.

“Despite external turmoil, our economy has performed better than expected, but maintaining this level of growth over the coming year will be difficult,” Wong said in his New Year message.

For its part, the Singaporean Ministry of Commerce expected a slowdown of between 1 and 3 percent during the year 2026, due to an expected slowdown in the global economy and the effects of US customs duties.

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