Singapore Sees Fastest GDP Growth Since 2021, Driven by Trade, Finance, and Manufacturing
2025-02-14
MSN
Singapore's GDP has experienced a significant boost, expanding 5% year-over-year in the fourth quarter, surpassing the forecasted 4.7% growth predicted by economists. This impressive growth is largely attributed to the thriving trade, finance, and manufacturing sectors. As the city-state prepares for the upcoming budget announcement for 2025, this encouraging economic data is expected to play a crucial role in shaping the country's financial future, with key sectors like international trade and financial services contributing to the growth, and economists keeping a close eye on the economic trends and market analysis.