Singapore: Economic growth, quarterly

* indicates monthly or quarterly data series
The latest data from Q2 2026 show economic growth of 5.7 percent, which is a decrease from the rate of growth of 6.3 percent in the previous quarter and an increase compared to the growth rate of 5.4 percent in the same quarter last year. The economic growth time series for Singapore cover the period from Q1 1976 to Q2 2026. During that time span, the average growth rate for Singapore was 6.18 percent. The lowest rate of growth of -11.7 percent was recorded in Q2 2020 while the highest growth rate was 18.9 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.
  • Source: Department of Statistics Singapore

Recent values Singapore: Economic growth, percent change in quarterly real GDP
2026  Q2 5.7
2026  Q1 6.3
2025  Q4 5.7
2025  Q3 4.5
2025  Q2 5.4
2025  Q1 4.5
2024  Q4 5.3
2024  Q3 7


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Other resources:

All indicators for Singapore

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Economic growth 5.03 2025 percent
 GDP, constant dollars 432.0 2025 billion U.S. dollars
 GDP, current U.S. dollars 603.87 2025 billion U.S. dollars
 GDP per capita, current dollars 98,813.98 2025 U.S. dollars
 GDP per capita, PPP 139,593 2025 U.S. dollars
 GDP per capita, constant dollars 70,683.68 2025 U.S. dollars
 Economic growth, quarterly 5.70 Q2/2026 percent
 Economic growth Q-on-Q 1.10 Q2/2026 percent
 Gross Domestic Product (GDP) 216.34 Q2/2026 billion
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