Singapore’s economy demonstrated robust growth in the second quarter of 2025, expanding by 4.4% year-on-year. This positive performance has prompted an upward revision of the nation’s GDP growth forecast for the year, now projected to be between 1.5% and 2.5%, according to the latest figures released by the Department of Statistics Singapore.
The revised forecast reflects a more optimistic outlook for Singapore’s economic recovery, which was initially expected to range from 0.0% to 2.0%. This adjustment suggests a stronger-than-anticipated rebound as the country continues to navigate post-pandemic challenges and global economic uncertainties.
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