Singapore's productivity grew 3.9% per annum from 2019 to 2021 despite Covid-19: DPM Heng

Singapore

DESPITE disruptions from Covid-19, Singapore's productivity grew 3.9 per cent per annum from 2019 to 2021, likely driven by economic transformation efforts that had begun before the pandemic.

The increase in productivity levels during the pandemic is also higher than that in the years before, Deputy Prime Minister Heng Swee Keat revealed in a keynote address at the Singapore Apex Business Summit 2022.