Singapore economy rebounds from virus-induced recession; grows 7.2% in 2021


Singapore's economy grew 7.2 per cent in 2021. - The Straits Times/ANN

SINGAPORE, Jan 3, 2022 (AFP): Singapore's economy grew 7.2 percent last year, rebounding from its worst recession since independence sparked by the coronavirus pandemic, government data showed Monday.

The city-state plunged into its worst economic performance in 2020 as businesses and international borders shut down, choking its trade and tourism economic lifeline.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Singapore , Economy Good Growth , 7.2% , 2021

   

Next In Aseanplus News

Malaysia to roll out QR code immigration system for factory workers commuting to Singapore
Over 100,000 people evacuated
Figurehead VP steps down
Murder suspect was self-proclaimed financial ‘expert’
Five killed by unexploded ordnance over the weekend
Grass fire engulfs 19 vehicles at airport
Seoul studies 100 million won incentive for each child born
He-ppo in zoo turns out to be a she-ppo after all
Jokowi and Gibran exit PDIP party
S. Korean man sentenced to 14 months in jail for killing 76 cats

Others Also Read