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MTI Maintains 2015 GDP Growth Forecast at 2.0 to 4.0 Per Cent

17 February 2015

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17 February 2015. The Ministry of Trade and Industry (MTI) announced today that the Singapore economy grew by 2.9 per cent in 2014. MTI has also maintained the growth forecast for 2015 at 2.0 to 4.0 per cent.

Performance in Fourth Quarter 2014

The Singapore economy grew by 2.1 per cent on a year-on-year basis in the fourth quarter of 2014, easing from the 2.8 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded at a faster pace of 4.9 per cent, compared to 2.6 per cent in the previous quarter.

Download the full press release [PDF, 62 KB]

Economic Survey of Singapore 2014

MINISTRY OF TRADE AND INDUSTRY

17 February 2015

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