Singapore Gdp 2024 Forecast

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Singapore Gdp 2024 Forecast

Singapore Gdp 2024 Forecast. The ministry of trade and industry (mti) on aug 13 narrowed its 2024 growth forecast to 2 per cent to 3 per cent, from its range of 1 per cent to 3 per cent. Singapore has narrowed its gross domestic product (gdp) growth forecast for 2024 to 2 per cent to 3 per cent, the ministry of trade and industry (mti) said on tuesday (aug 13.


Singapore Gdp 2024 Forecast

Key sectors, including manufacturing and tourism, anticipate a measured rebound, driven by factors such as recovering semiconductor sales and enhanced global connectivity, reinforcing singapore’s resilience amidst evolving economic dynamics. The ministry of trade and industry (mti) announced today that singapore’s gdp growth is projected to come in at around 1.0 per cent in 2023 and 1.0 to 3.0 per cent in 2024.

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