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Performance of the Singapore Economy in 2005 and Outlook for 2006

16 February 2006

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16 February 2006. Economic activity in Singapore continued to pick up pace in 4Q05. Compared to the same quarter a year earlier, real GDP rose by 8.7%, up from 7.6% in 3Q05. The economy also showed strong momentum with 4Q05 annualised quarter-on-quarter growth reaching 13%. This brought full-year real GDP growth in 2005 to 6.4%1. The improvement over the advance estimate of 6.0% is mainly due to the better-than-expected growth in manufacturing activity.

Download the full press release [PDF, 212 KB].

Economic Survey of Singapore 2005

MINISTRY OF TRADE AND INDUSTRY
16 February 2006

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