Singapore economy grew 4.0% in 2024, advance estimate shows
2025-01-01 09:18:21 source：CNBC
December 31, 2024
Singapore’s economy grew 4.0% in 2024, accelerating from 1.1% growth in 2023, preliminary government data showed on Thursday.
Gross Domestic Product (GDP) rose 4.3% in the fourth quarter from a year earlier, according to advance estimates from the trade ministry, above a median forecast of 3.3% in a Reuters poll of economists.
On a quarter-on-quarter seasonally adjusted basis, GDP expanded 0.1% in the October-December period, the advance estimates showed.
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