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Ministry of Trade and Industry
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Advance GDP Estimates Third Quarter 2006

10 October 2006

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10 October 2006. Advance estimates showed that Singapore’s real gross domestic product (GDP) rose by 7.1 per cent in the third quarter compared to the same period in 2005. On a quarter-on-quarter seasonally adjusted annualised basis, real GDP grew by 6.0 per cent, compared with a 3.4 per cent expansion in the preceding quarter.

The manufacturing sector is estimated to have grown by 10.0 per cent in the third quarter. The moderation was due to slower growth in biomedical manufacturing, electronics and chemicals clusters while precision engineering and transport engineering clusters strengthened from the previous quarter.

The construction sector continued to pick up in the third quarter. It is estimated to have expanded by 1.0 per cent, after registering a 0.3 per cent growth in the previous quarter.

Download the full press release [PDF, 132 KB].

MINISTRY OF TRADE AND INDUSTRY
10 October 2006

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