Singapore’s 2025 GDP Growth Forecast Revised Upwards
Market analysts and economists have become more optimistic about Singapore’s economic outlook for 2025. According to a recent survey of professional forecasters, Singapore’s GDP growth forecast for 2025 has been raised to around 4.1%, compared with lower expectations earlier in the year.
This improved outlook reflects stronger expected performance across several key sectors of the economy. Manufacturing activity has picked up, supported by better external demand and exports. Other areas such as finance, construction, and trade are also expected to contribute positively to overall growth. Economists now expect economic momentum to remain steady into late 2025.
For foreign shareholders and directors, the revised forecasts highlight Singapore’s continued role as a key regional business and financial centre. The higher growth expectations reflect stronger economic activity across multiple sectors.
While the outlook is positive, economists continue to highlight potential risks. These include global geopolitical tensions, uncertainty in international trade, and volatility in global financial markets. There are also concerns that a slowdown in major economies or sharp corrections in certain asset markets could affect growth.
Inflation expectations remain moderate. Most economists surveyed expect price pressures to stay under control, and no immediate changes to Singapore’s monetary policy are anticipated.
Overall, economists have raised Singapore’s 2025 growth forecast, reflecting stronger expected performance across several sectors. Inflation expectations remain moderate, and most forecasters do not expect immediate changes to monetary policy, indicating a relatively stable economic outlook.
