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GDP Growth Forecast in 2014 Maintained at 2.0 to 4.0 Per Cent

20 May 2014

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20 May 2014. The Ministry of Trade and Industry (MTI) announced today that it has maintained its GDP growth forecast for 2014 at 2.0 to 4.0 per cent.

Performance in First Quarter 2014

The Singapore economy grew by 4.9 per cent on a year-on-year basis in the first quarter, similar to the rate of growth achieved in the previous quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy grew by 2.3 per cent, moderating from the 6.9 per cent growth in the preceding quarter.

Download the full press release [PDF, 64 KB]

Economic Survey of Singapore First Quarter 2014

MINISTRY OF TRADE AND INDUSTRY

20 MAY 2014


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