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Singapore economic outlook dulls as Q1 GDP growth comes in below forecasts at 4.6%

Economists largely hold their full-year estimates in the 2.5% to 3.5% range, flag rising downside risks

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Low Youjin

Low Youjin

Published Tue, Apr 14, 2026 · 06:01 PM
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    • The Republic's Q1’s growth is below private-sector economists’ median expectations of 5.8%, according to a Bloomberg poll.
    • The Republic's Q1’s growth is below private-sector economists’ median expectations of 5.8%, according to a Bloomberg poll. PHOTO: TAY CHU YI, BT

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    [SINGAPORE] The Republic’s economic growth is expected to ease from last year’s strong pace, even as first-quarter gross domestic product remained resilient despite coming in below forecasts.

    Singapore’s economy grew 4.6 per cent year on year (yoy) in Q1 2026, moderating from the 5.7 per cent expansion in the previous quarter, advance estimates from the Ministry of Trade and Industry (MTI) showed on Tuesday (Apr 14).

    This was below private-sector economists’ median expectations of 5.8 per cent, a Bloomberg poll indicated.

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