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MTI Forecasts GDP to Grow by "3.0 to 3.5 Per Cent" in 2017 and "1.5 to 3.5 Per Cent" in 2018

23 November 2017

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23 November 2017. The Ministry of Trade and Industry (MTI) announced today that the Singapore economy is expected to grow by "3.0 to 3.5 per cent" in 2017, and by "1.5 to 3.5 per cent" in 2018.

Economic Performance in Third Quarter 2017

The Singapore economy grew by 5.2 per cent on a year-on-year basis in the third quarter, faster than the 2.9 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 8.8 per cent, accelerating from the 2.2 per cent growth in the second quarter.

Please click here for the full press release.

Economic Survey of Singapore Third Quarter 2017

MINISTRY OF TRADE AND INDUSTRY

23 NOVEMBER 2017

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