2 January 2019. Based on advance estimates, the Singapore economy grew by 2.2 per cent on a year-on-year basis in the fourth quarter of 2018, easing slightly from the 2.3 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded at a slower pace of 1.6 per cent compared to the 3.5 per cent growth in the third quarter.
For 2018 as a whole, the economy grew by 3.3 per cent.
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MINISTRY OF TRADE AND INDUSTRY
2 JANUARY 2019