Singapore upgrades 2025 GDP growth forecast to 1.5%-2.5%; economy grew 4.4% in Q2
Government
The growth forecast was previously between 0 per cent and 2 per cent. SINGAPORE: The Ministry of Trade and Industry (MTI) has upgraded Singapore's gross domestic product (GDP) growth forecast for the year to 1.5 per cent to 2.5 per cent, up from 0 per cent to 2 per cent previously. On Tuesday (Aug 12), MTI announced the narrowed forecast and said it largely reflects the better-than-expected performance of the Singapore economy in the first half of 2025. The ministry said the Singapore economy
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