Singapore’s economy demonstrated robust growth in 2025, with the gross domestic product (GDP) increasing by 4.8% in 2025. The fourth quarter was particularly strong, with a 5.7% rise, according to the latest figures released by the Ministry of Trade and Industry.
The impressive fourth-quarter performance underscores Singapore’s economic resilience amidst global uncertainties. This growth is attributed to a combination of factors, including a rebound in the services sector and increased manufacturing output. The services sector, a significant contributor to the GDP, saw a notable uptick due to heightened consumer demand and a recovery in tourism.
Manufacturing also played a crucial role, driven by advancements in electronics and biomedical manufacturing. These sectors benefited from increased global demand and technological innovations, contributing significantly to the overall economic expansion.
The annual growth rate of 4.8% reflects a steady recovery from the challenges posed by the COVID-19 pandemic. It highlights Singapore’s strategic economic policies and its ability to adapt to changing global conditions. The government has been proactive in implementing measures to support businesses and stimulate economic activity, which has been pivotal in achieving these growth figures.
