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Macroeconomy Anchors

Dated Singapore real GDP outcomes and forecasts, trade-openness ratios, and output-structure anchors for parent economy and macroeconomy topics — kept separate from labour-market and monetary-policy detail.

Last verified: 2026-08-21 Status: verified

Macroeconomy Anchors

Use each row with its stated unit, reference period, and denominator. Headline cross-topic figures also appear in key statistics; labour rates live in labour market anchors; exchange-rate policy lives in mas and monetary policy. Narrative lives in economy overview.

Growth outcomes and forecasts

Metric Value Denominator / notes As of
Real GDP growth (full year) 5.0% Year-on-year real GDP 2025 (MTI announcement 10 Feb 2026)
Real GDP growth (quarter) 6.9% YoY; 2.1% QoQ SA Q4 2025 versus prior periods Q4 2025
GDP growth, Q2 2026 5.9% YoY; 1.4% QoQ SA Singapore economy; quarter-on-quarter comparison is seasonally adjusted Q2 2026
GDP growth, first half 2026 6.1% Year-on-year real GDP H1 2026
GDP growth forecast band 4.5–5.5% Calendar year 2026 forecast, upgraded from 2.0–4.0% Announced 11 Aug 2026

Source: MTI, 11 Aug 2026, accessed 21 August 2026. Do not present a forecast band as realised GDP.

Openness and external exposure

Metric Value Denominator / notes As of
Gross exports and imports of goods and services Exceed 300% of GDP Trade flows relative to GDP MAS FAQ framing, accessed 9 Aug 2026
Import share of domestic spending Roughly 40 cents of every domestic dollar Import content of domestic expenditure MAS FAQ framing, accessed 9 Aug 2026

Source: MAS monetary-policy FAQs §2, accessed 9 August 2026. High trade/GDP intensity is not the same as a large protected domestic market.

Output structure (order-of-magnitude)

Anchor Value Notes As of
Manufacturing share of GDP Around one-fifth High-value clusters (electronics, biomed, petrochemicals), not low-cost assembly alone Economy-overview framing citing national accounts, accessed Aug 2026
Food import reliance Over 90% of food imported Strategic vulnerability; separate from trade/GDP openness Economy-overview framing, accessed Aug 2026

Prefer SingStat national-accounts releases for precise sector shares when a point estimate is required; the rows above capture durable structure used in macro interpretation.

Record details

Also known as
["Singapore GDP growth","trade openness","Singapore economy size"]
Jurisdiction
SG
What each row represents
one dated GDP outcome/forecast, trade-openness ratio, or output-structure anchor
Update cadence
after each MTI GDP release or MAS openness framing revision
Source format
markdown

Dates describe this record’s own period and applicability. A verification date does not mean a rule is currently in force.

Sources

Collection as of 2026-10-07 · An expanding collection. Published counts show available knowledge, not complete coverage of Singapore.