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Press Release
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14 APR 2021
Singapore’s GDP Grew by 0.2 Per Cent in the First Quarter of 2021
Singapore’s GDP Grew by 0.2 Per Cent in the First Quarter of 2021
14 April 2021. Based on advance estimates, the Singapore economy grew by 0.2 per cent on a year-on-year basis in the first quarter of 2021, a turnaround from the 2.4 per cent contraction recorded in the previous quarter. On a quarter-on-quarter seasonally-adjusted basis, the economy expanded by 2.0 per cent, extending the 3.8 per cent expansion in the preceding quarter.
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MINISTRY OF TRADE AND INDUSTRY
14 April 2021