Experts keep city-state growth forecast at 2.6%

Geopolitical tensions, including from higher tariffs, are seen as the biggest downside risk to Singapore's economic outlook. — The Straits Times

SINGAPORE: Private sector economists have maintained their forecast for Singapore’s economic growth at 2.6% in 2025, citing geopolitical tensions including higher tariffs, as the foremost downside risk to the outlook.

That pace of growth will be slower than the 4.4% Singapore clocked in 2024 and is closer to the higher end of the 1% to 3% range projected by the Trade and Industry Ministry (MTI).